Archive for April 2011
What an amazing week we’ve had at the roach nest! We’ve had some strong double digit gainers coming out of our collective asses all week long, along with a couple of 100%ers!
How do you like these gains? For all of you that missed out, read ‘em and weep!
STDF - Alerted on 4/29 at .0065. High of .015 on 4/29. Gains upwards of 130%! (This one hit within 30 minutes folks!)
MXMI – Alerted on 4/25 at .0138. High of .0252. Gains upwards of 83%!
DTRO - Alerted on 4/26 at .0012. High of .0022 on 4/26. Gains upwards of 83%!
TLAN – Alerted on 4/28 at .0028. High of .0038 on 4/28. Gains upwards of 52%!
EVCA - Alerted on 4/29 at .019. High of .0275 on 4/29. Gains upwards of 45%! (This one could go bigger next week!)
Hello there roaches,
A quickie for you all for a break out watch, STDF (steadfast holdings)
This is a pure momo intraday play. This stock has been going crazy today, and might just get crazier right now. With lunchtime buys coming in and power hour left to go, it still has room to move on up and become a true monster play. I don’t recommend holding long, but you might just be able to jump in for a quick good profit.
Intraday support seems to hang around 0.0044, with resistance coming in at 0.01
Disclosure: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock. We reserve the right to buy or sell STDF at any time after this post.
No pun intended my good roaches.
Cannabis Medical Solutions (CMSI), really is lighting it up as its name may suggestion. The stock is up a few percent at this hour but a solid PR like the one released earlier this week could really propel this on sky high. You could almost say we may be as high as a kite…..ahahahaha…..(bad joke)
Simply put my friends, CMSI has been on fire since tuesday. This is mainly due to the PR released below:
“Cannabis Medical Solutions Inc. a leading company specializing in merchant payment solutions and financial products for the medical marijuana and health care industries, today announced an agreement to provide financial payment and processing solutions to an additional thirty (30) new Medical Marijuana dispensaries in the state of Montana. The Montana wellness centers will also be the participating in the CMSI MediPayment patient card, allowing for payment, tracking and medical records of all medicine purchases for the location.“
Nice right? Volume is up, all technical indicators look solid and the stock has a ton of momentum on its side. We have solid support at the .015 level but a possible run up to .03 or higher is being conservative to say the least. If you think about it, the profit potential of marijuana dispensaries is looking quite green IMO because of the shear growth potential it has. More and more people are fading away from the social stigma of marijuana. Just think about it…. Continue reading»
TGIF mi amors!
Let’s see if we can finish out the week nice and green while we all head into the enjoyable weekend ahead.
I’m bringing back an old Stockroach favorite, EVCA ( Evcarco inc. ). If you aren’t familiar with EVCA, which is one of this year’s most followed and hyped up penny stocks, then you are either new to the pinks, or you just haven’t been paying attention. All sorts of eyes have been on this one since it’s huge run back in February from double zero land all the way to 11 cents.
Talk about a multi-bagger and then some! Now those are some sweet gains!
So what does EVCA do that has melted the hearts of grumpy, skeptical, and hardened traders on the pinks, besides bringing in some serious past gains? They manufacture and sell used and new energy efficient electric hybrid cars. Look at how adorable these things are, rub them on the carpet and they’ll go. It looks like my little roach’s hotwheels collection.
As of now, EVCA has 1 dealership open in the great state of Texas, with more dealership openings in the pipeline for this year. For all things Evcarco, or if you want to buy one of these little buggers, just go to their website for more information: http://www.evcarco.com/
Okay, enough of the car commercial, let’s get down to the technicals.
I was watching the trading action all day Thursday on this one, and it while it started out of the gate fairly weak, something lit a fire under it’s ass during power hour, and it broke it’s former resistance of .02 to close up 33% at .024. A power hour high, and buying pressure can also make a great morning GAPPA, but as we always warn traders, be on the lookout for the gap and TRAP. Trap being the key word here.
If it gaps up high at open, I personally would wait for a pullback. If however, it opens at a reasonable PPS of around .02-.024 (under .02 would be ideal haha), I would watch for an orderly trading of shares before dipping in the toes to test the waters. Keep an eye out for any news releases because that can send EVCA soaring, and keep those L2s up as well. If you do not have Level 2 as a pinksheet trader, I would highly suggest getting it and learning to use it. It’s a very important tool imo. Investor’s hub offers the cheapest Level 2 around. Just go for their Smallcap pro special. You even get a free trial month.
Tentative support for EVCA comes in at .02, with the key support level at .015. Resistance comes in at .025, and the key resistance level is the 50 day moving avg at .0298.
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Senorita “Everybody’s working for the weekend” Roachita Continue reading»
Japanese giant in Consumer electronics, Panasonic is all set to axe 40,000 jobs over the next two years, according to a source. The move is prompted by an attempt to cut down costs and combat competition from rivals from Asia. After releasing figures of its annual profits, it stayed mum over job cuts that represent over 10% of its work force numbering 380,000. But it set aside 110 billion yen in expenses for restructuring over the next two years.
“The figure is huge, but so is the company, and for an old-fashioned one like Panasonic, this is a big move,” according to Toru Hashizume, executive at Stats Investment Management in Tokyo. ”In the mid-term, the stock is priced low, it is around the level it was after Lehman, even though the current conditions are more favourable for Panasonic,” he said, pointing to the collapse of Lehman Brothers in the global recession.
The source had complete knowledge of the matter but refrained from being identified. Once upon a time, Japanese consumer electronics firms were unrivalled but today, they face unbridled competition from Korean and Chinese manufacturers. Panasonic announced that its operating profit for quarter four ended March declined by around one third touching 41 billion yen. It refrained from reporting a forecast for this year because of qualms regarding the impact of the devastating earthquake and tsunami that hit Japan last month.
Panasonic announced an operating profit of 305.3 billion yen ($3.7 billion) for 2010, which fell short of its earlier estimate of 310 billion yen.
SmartEstimate by Thomson Reuters for the coming two years predicts a fall in profits to 260 billion yen. The company will battle a shortfall in production and weak demand domestically after the Japanese Earthquake and Tsunami. Panasonic itself indicated a profit of 310 billion yen if the quake had not happened.
Panasonic is set to shift its business to energy and environment saving products like batteries to combat competition from Asian consumer giants like Samsung. It is also trying to shed its staff especially in its overseas operations.
By now I am sure you took the time to read my morning alert on WMNS which handed you a easy double digit win today.
I told you just a short time ago that we are working very hard to bring you high quality stocks with plenty of trading opportunities and WMNS has not disappointed!
WMNS hit a early high of $.10 cents before showing a small pull back. With the current price of $.093 it's safe to say keeping this stock on your radar a bit longer would be a wise move.
If you happen to miss my morning alert then shame on you!
Well, at least you know for next time to open the alert when I tell you about it.
By the way, did you see that freak "Stock Analyzer" from the "SuperNova" premium newsletter that everyone has been raving about. He called LEXG from $2.95 to $10.15 high which is dang near 300%. Then I got JBII yesterday from him and that is up 20% from yesterday as well. – How often do you get over 300% worth of gains from a paid newsletter in one week let alone one year!
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Papa Roach saying….weeeeeeeeeeeeeeeeee
Good morning roaches
Today, I have a quick one to feast your feelers upon. TLAN (Hire International, Inc.) just came out with huge news this A.M. They reported a 74.17% increase in placed sales for the first quarter of 2011 in comparison to the first quarter of 2010. The press release states that these placed sales become revenue once the candidate becomes an employee. Seeing as these earnings are not reported as revenue yet means this could be a play to watch for a couple weeks. Their previous annual report states that the company is indeed making money and this huge increase in numbers could be very beneficial.
Here’s a little summary of what TLAN does: “Hire International, Inc. provides proprietary talent management services and talent acquisition technology applications in the United States, The People’s Republic of China and other countries worldwide.”
Support appears to fall at .0024 and the previous bottom being .002. Resistance lies ahead at the 200 day SMA valued at .0036. TLAN should see an increase in volume over the next few days and I would like to see that volume lift the PPS with it.
With your intraday play,
Good morning all my loyal roaches!
I'm bringing WMNS (Westmont Resources Inc.) into the roachy limelight today, and for some very good reasons which I will highlight right now.
WMNS is an independent oil and gas producer that acquires undervalued oil and natural gas companies. WMNS is all about underexploited properties with mucho potential for striking black gold. They intend to squeeze out every drop of oil from their acquired properties utilizing methods which they refer to as, "Wringing out."
Let's see if WMNS can wring out some gains for traders and investors alike.
So far, WMNS has had some success with their Beta project, which is touted as being a much more earth friendly and clean way of extracting that sweet sweet petroleum that we all need for everyday purposes.
Take that you green sector tree huggers!
I kid, I kid, we at the Stockroach like green technology as well. Heck, we like anything that can bring in profits, we don't discriminate here. It's nice to see that big oil is having success with gentler methods of oil extraction however.
(Read all the recent news on WMNS's successful acquisitions, and oil extractions by clicking this link.)
What really perked up my antenna is the current chart, along with the share structure for WMNS. The current share structure according to pinksheets.com, which WMNS is a fully reporting company on is as follows:
Shares Outstanding 145,330,967 a/o Apr 19, 2011
Float 49,331,400 a/o Mar 09, 2011
That sure is a nice low float if I do say so myself.
The chart on WMNS is prettier than a bride on her wedding day in my humble roachy opinion. The current PPS is sitting a hair's breadth under it's 50 DMA of .087, with rising accumulation as the RSI is turning around to the upside. WMNS was trading in the dollar ranges after a reverse split back in January of this year, and it doesn't seem to have had the post R/S run that these stinky pinkies tend to have after one.
Johnson and Johnson (J&J) is all set to acquire Synthes Inc, in the biggest deal in the 125 year history of the company. This is despite over 50 cases of drug and device recalls since early 2010. J&J, the world’s second biggest seller of health products decided to buy Synthes Inc (SYST) in a deal worth $21.3 billion in order to venture into the area of bone fractures and trauma.
Synthes share holders will get 159 Swiss francs per share in stock and cash, according to a company statement today. This is 8.5 percent more than closing price last day and more than 15 percent higher since April 15.Synthes is based in Pennsylvania and the stocks of the company are traded in Switzerland. The deal will give J&J control over 50% of the trauma market and a 35% operating margin. This would be eth biggest acquisition for New Jersey based J&J which suffered over 50 devices and drug recalls last year.
“Orthopaedics is a large and growing $37 billion global market and represents an important growth driver for Johnson & Johnson (JNJ),” said Bill Weldon, the chief executive officer of J&J, in a statement. According to the statement, Synthes share holders will receive 55.65 francs per share in cash, and 103.35 francs per share in J&J stock. The stock part of the payment can vary with Synthes holders getting as less as 1.7098 J&J shares and more than 1.9672 which depends on the share price of the U.S. Company in the time before closure of the acquisition. According to analysts, J &J will possibly need to divest a few businesses in order to get antitrust approval, which puts a limit on the price it’s ready to purchase Synthes. Synthes value rose 2.50 francs, or 1.7 percent, to 149 francs in trading in Zurich.
J&J plans to join its Depuy unit with Synthes, the biggest makers of devices to deal with bone damage and trauma. Both will combine to become the biggest part off J&J’s medical devices and diagnostic segment.