Having been trading for a few years, and now looking back in retrospect, it seems to me that VAST sums of money can be made in the OTC.BB market if you just have patience and are not looking for 100% returns daily. I have seen many OTC stocks go from like .60 to $4 in 3 months on low volume and not a lot of fanfare. It is my opinion that you can really make a fortune buying good OTC growth companies and holding for a few months. On the other hand, there is a reason why pinks are listed on the pink sheets, and these stocks really should NEVER be held for a long period of time, but instead, should be ridden like bucking broncos for a few hours or days (like PGPM).
My only problem has been finding OTC's while they are still under $1. For example, take FRPT (not pumping here). But in January, they were near $1. Now? Up near $4. I didn't notice them until Malloy posted a news article at 2.27 (and still didn't buy). That's a 500$ gain in 5 months. Another example, ZENX. Ran from .70 to 1.80 in 2 months this year. Also, CHYS... ran from the $1 to $6 range in a few months. Again, most people don't hear about these stocks because they aren't heavily manipulated by daytraders nor part of the pump and dump circuit. But there are hundreds of others out there.
So, my question for all of you.... know of any OTC.BB stocks that have good growth potential and are relatively undiscovered? Seen any good PR's about stocks on the OTC you never heard of?
I know of one perhaps. BSLM... haven't bought yet but beginning to radar.
List them here, and keep your damn pinks off this thread. Maybe we can all find a winner.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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read between the lines in the press release. that is all i can say. read prior press releases. management is legit unlike most pinkies. almost profitable, the forward statements and numbers look very promising.
-------------------- Sincerely, john Posts: 10 | From: florida | Registered: May 2006
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phat man, remember what the original poster was asking. this isn't a spiker, but more or less a longer term hold. more press releases will follow. i believe that IVGA will be in the pennies soon.
-------------------- Sincerely, john Posts: 10 | From: florida | Registered: May 2006
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The only two thigns I can talk about for atleast long term hold in next 6 months would be TIDE and FRPT.
Posts: 270 | Registered: Apr 2006
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all good stockpick. i didn't take anything wrong there. i just thought for moment you had some 'inside' info. i do agree that ivga will be on the move but that's mostly due to chart momo. would def be great to see it move to the pennies. hope you make a mint. GLTA
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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On May 10, 2006 the Company retained Pollard-Kelley Auditing Services, Inc. to serve as the Company’s principal independent accountant.
Posts: 167 | From: Dallas | Registered: May 2006
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quote:Originally posted by The Phat Man: mu meson, is my scottrade correct in saying there's NO VOLUME today on this stock?
SRLT is a gapper that true. There wont be much vol. b4 the merger. Try to get in low. I did.
Posts: 167 | From: Dallas | Registered: May 2006
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quote:Originally posted by The Phat Man: mu meson, is my scottrade correct in saying there's NO VOLUME today on this stock?
LOL ,
MU doesnt get it yet! Let him believe! I think someone is holding a bag from a March run
Posts: 957 | From: grand rapids, MI | Registered: Feb 2006
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wow repo... someone gave me a STAR too! never knew i had it in me :-) it must be my enthusiasm and honesty... cuz it sure as hell ain't my good looks!
MU... you know when this merger is supposed to happen? chart looks like it could easily take a dip to .04 / .035 before running.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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that's an amazing chart. i'm with ya on the reverse merger. will do my own DD of course. so, don't want to take up all your time, but you're thinking SRLT is going to explode like DXPE? i'm "newer" (not a total newbie anymore) at this and haven't played reverse mergers before.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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quote:Originally posted by The Phat Man: that's an amazing chart. i'm with ya on the reverse merger. will do my own DD of course. so, don't want to take up all your time, but you're thinking SRLT is going to explode like DXPE? i'm "newer" (not a total newbie anymore) at this and haven't played reverse mergers before.
Due DD all day long.
You might find the reverse merger firm.
I cant know the final mc but i think it will be huge bcs. there is a 90% chance that SRLT will merge with
Motic is a GLOBAL microscope company and it is still private. Needs to go public.
Xu is the CEO of SRLT and is probably the CEO of Motic. Chinese Cos. do not post their directors.
Posts: 167 | From: Dallas | Registered: May 2006
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mu and repo... thanks for your time. i 'spose at the current pps, it may be worth throwing a grand into. any further info would be appreciated posted and i will do the same. GLTA
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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reverse mergers can be very lucrative; but simply because it's a reverse merger is nothing special. There's a few companies specializing in these Chinese plays...pent-up demand from young Chinese entrepeneurs...
onto another, Repo--EBOF is well beyond your price range, but its "parent" company AAOR is right at $1...
Canadian oil sands. In Peace River, their land is 35 miles from Blackrock Venture's land that Shell just bought out for 2.4 billion.
It's run good the last few days.. so maybe wait a few days and check for retraction / good entry point. It's a hold and hope for a big-money buyout candidate. What are the oil companies going to do with their billions in profits..... ?
Posts: 270 | From: Fullerton, CA | Registered: Mar 2006
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Repoman, PMHH Oil services is still a Pink so doesn't yet fit your criteria.
They will have financials end of June so I'll be able to suggest this stock then. It had a little volume leap earlier this month but dropped back and now seems stable (waiting for June).
Posts: 318 | From: UK | Registered: Mar 2006
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quote:Park City Group Rolls out Next Generation Product with Significant Revenue Potential Thursday May 11, 7:00 am ET Overwhelming Response From Major Food Companies at 2006 Food Marketing Institute Trade Show
PARK CITY, Utah--(BUSINESS WIRE)--May 11, 2006--Park City Group, Inc. (OTCBB: PKCY - News) today launched Supply Chain Profit Link ("SCPL") as the next generation in its suite of perishable inventory management solutions at the Food Marketing Institute trade show in Chicago, Illinois. Supply Chain Profit Link builds on Park City Group's experience in identifying out-of-stock, shrink, and other significant elements of profitability in the retail supply chain channel. The new product was overwhelmingly praised by major food companies from around the world.
"Our reception from tier-one U.S. and global brands was beyond our highest expectations," said Randall K. Fields, Park City Group's Chairman and CEO. "During the show, we had opportunities to meet with several major brands and retailers and were overwhelmed with their response and immediate interest in the program. As a result, our expectations for the next 12 months and beyond have been raised for the product and we anticipate that Supply Chain Profit Link will be a significant revenue opportunity for Park City Group and our shareholders."
Encompassing the United States Food Export Showcase, United Produce and Expo Conference, Fancy Food Show and All Things Organic show, The 2006 FMI Show is the largest, most comprehensive annual event of its kind in the world. It features exhibits from top retailers and wholesalers and educational programs on industry trends that offer food professionals the tools and resources they need to serve their customers most effectively.
About Park City Group
Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. To find out more about Park City Group (OTCBB: PKCY - News) visit our website at http://www.parkcitygroup.com
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