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As far as 'Over Sold' stocks....You can rest assured that Strat Petroleum would qualify for that description. 'SPRL' Friday Volume spike also would suggest that it's proper time of reversal is now due.
In other news...for a serious penny play, albeit slightly more expensive...Is 'BTSI' Friday action was just the beginning of what's to come. Expect a 1 for 12 R/S on Thursday...and before you say I'll wait until after the R/S..You will be making a mistake on this one in doing so. Welcome to the new RTO/IPO of Nord Oil International ...that's all...have a great weekend!
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2Creat Have been following BTSI and I like whats there! Could go either way pre split, but for some reason I'm thinking its headed north this coming week as well.
Pens I'm getting the feeling that USXP is gonna pull a R/S because its nothing but down hill. Either that or a rabbit out of a hat!
-------------------- Nothing moves a sub like news!!!
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TPBV is my pick. It was pumped by RB or GB in June. Panic selling over the past 2 weeks; seems to be building a double-bottom at 0.01 now and get ready for a quick run.
I didn't DD them too carefully, but it seems like a reasonably solid company in the simple business of bottling and selling water. As long as they sell it they'll make a profit.
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Rags - I can't find a good reason for TPBV's drop. I think it's just lack of recent news, and bagholders from the June P&D finally jumping ship. That's exactly why I think it bottomed out. Probably the MMs hold most of the shares at this point, which ususally means the PPS will go up
CESY - an announcement of the new CEO will make this stock fly..
FCCN - will announce its first franchise for its new 'Comstock Jake's' line of franchises and will reveal more 'Kokopelli' licenses....after solid gains on Friday another small gap is on the horizon...
BTSI - after a gap up, volume will peak at around 25 millions on Monday amidst wild pps swings due to shakedown of MM and institutional investors entering the race...
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Big week for CWMF has dropped to .0004 but free shares are scheduled for Friday Sept.30 and FEMA contracts should soon be announced.
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Heres a new one that I haven't seen posted to Allstocks before and I haven't done much DD on it yet but it did have a 50% move up Friday from what looks to be a solid trip down since late July!
QRVI
-------------------- Nothing moves a sub like news!!!
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Here's an old one that looks like it could make a nice little bounce. MSSI looks like it's ready for another run. As often as they are putting out PR's, I'd say another one is about due. Good lookin' charts IMO.
-------------------- Making money... one penny at a time
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quote:Originally posted by rickpic: 2Creat Have been following BTSI and I like whats there! Could go either way pre split, but for some reason I'm thinking its headed north this coming week as well.
Pens I'm getting the feeling that USXP is gonna pull a R/S because its nothing but down hill. Either that or a rabbit out of a hat!
quote:Originally posted by whiteschmuck: Reverse Split
Why would they do this? Just to double their price per share? But that could be bad for the company if investors see that as an admission of bad management...right?
One more thing: What would it take for this stock to start moving? What is keeping it back right now? Does the high cost of gasoline have something to do with it, or is it the bankruptcy troubles with the airlines? What would be good news for USXP, such that they could begin making money?
[ September 27, 2005, 09:08: Message edited by: Fatso ]