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.
Posted by Mu Meson on :
SRLT
Chinese reverse merger play, still low.
Posted by stockpickpro on :
check out IVGA. almost profitable - sub penny and on the OTCBB. i happen to know this is going to be a big winner - tremendous upside.
Posted by The Phat Man on :
SIDY, FLIP, EZM (to the top), SQUM, WTER, HEC, EBOF (short)
Posted by The Phat Man on :
stockpickpro... can you explain how you 'happen to know' ivga is going to be a big winner?
Posted by 10of13 on :
VITS XSNX MSEV JDSU EFSF PAPO WWAT
Posted by stockpickpro on :
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.
Posted by Upside on :
quote:Originally posted by stockpickpro: tremendous upside.
I'm flattered.
Posted by The Phat Man on :
understood in reading between the lines beyond the PR even. thanks and GL
Posted by stockpickpro on :
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.
Posted by daytrader1 on :
The only two thigns I can talk about for atleast long term hold in next 6 months would be TIDE and FRPT.
Posted by The Phat Man on :
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
Posted by Mu Meson on :
SRLT News.
New accountants.
Merger getting ever closer.
On May 10, 2006 the Company retained Pollard-Kelley Auditing Services, Inc. to serve as the Company’s principal independent accountant.
Posted by The Phat Man on :
mu meson, is my scottrade correct in saying there's NO VOLUME today on this stock?
Posted by Jester37 on :
qbid
Posted by Repoman75 on :
Enjoy your 1 star Jester.
Posted by Mu Meson on :
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.
Posted by Jester37 on :
LOL, Friday humor. It's a PK but i think down the road GZFX will grow.
Posted by Hold-em-er-fold-em on :
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
Posted by The Phat Man on :
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.
Posted by Mu Meson on :
quote:Originally posted by Hold-em-er-fold-em:
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
Wrong again.
Reverse merger plays is what I do.
Im in at 0.04 and lower, so Im already up.
Ill sell between $2-$10.
DXPE is another reverse merger from the same firm that has a current market cap of (gasp)
$280 million.
Im hoping SRLT will do even better.
Posted by Hold-em-er-fold-em on :
Mu, One good thing is your price will hold steady with " 0 " volume!
Get real man!
quote:Originally posted by Mu Meson:
quote:Originally posted by Hold-em-er-fold-em:
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
Wrong again.
Reverse merger plays is what I do.
Im in at 0.04 and lower, so Im already up.
Ill sell between $2-$10.
DXPE is another reverse merger from the same firm that has a current market cap of (gasp)
$280 million.
Im hoping SRLT will do even better.
Posted by The Phat Man on :
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.
Posted by The Phat Man on :
apologies to board for getting off subject... i'll get back to the SRLT post.
Posted by Mu Meson on :
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.
Posted by Repoman75 on :
If you want a good reverse merger that happened and now taking off, MPTS. Really low float... buying up online gaming sites.
Posted by The Phat Man on :
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
Posted by BuyTex on :
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...
Posted by Wilder on :
SOIGF
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..... ?
Posted by The Owl on :
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).
Posted by rob_seller on :
DIGG... CEPO...
Big potential....
May be some wait......But worth..
Posted by JoeMillion on :
MSEP near 52 week lows. .0031
New product line coming out in June accorrding to news.
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
Posted by Mu Meson on :
Stop wasting time
You guy are not making progress.
SRLT
30 bagger
Posted by Double Diamond on :
Mu,
You already made your point, pls. move on.
Posted by Stockguru06 on :
ILST...unnoticed but keep it on your radar, a good hint:=) don't buy just watch and afterwards you will see i was right..
Posted by Mr. Berbician Seventy Seven on :
Joe is probably once more right to me. MSEP could make a solid gain in a few months. They just start now to make serious money.
Posted by sprenkld on :
HMSC... Will be a big surprise... CEO is a powerhouse looking to consolidate the Homeland Security Industry
Posted by Monkeyman on :
STTC
Posted by Linux2 on :
FASC
Posted by Monkeyman on :
STTC
Posted by Rules on :
quote:Originally posted by sprenkld: HMSC... Will be a big surprise... CEO is a powerhouse looking to consolidate the Homeland Security Industry
This is going to be the big one to own this year. The CEO has gradually diluted the stock per shareholder agreement so he could acquire several Homeland Security companies this year. Add in the 51 million in backing and little daytrader activity and we have what I believe is a perfect pick for the year. The company's original target was 3-5 company acquistions this year. So far they are halfway there. Thinking they will be above that target or a major deal is in the works for one right now. Positive company financials are expected to be released in the next few days that will only add to increased activity.
Posted by Rules on :
I would like to also add FDEG. Super low float, is not on the popular list yet, and maintains a nice bottom of .09 per share. The company is currently drilling in an area that is believed to be at or near 1 million barrels of oil / gas output. News is expected of the drilling and their positive financials any day as well. This is one of those stocks that has such a super low float that could easily send it up similar to NDOL's run.
