Good morning roaches,
Cannon Explorations (CNEX) looks like a superb long play right now. For those who are unfamiliar with CNEX, the company focuses on finding and harvesting precious metals. With that in mind, get your hard hats on folks because we could really light up the dynamite and see this one blow up!
Cannon explorations is currently camping out at a support line of .0002, which provides us with an excellent opportunity to be roachy bottom feeders (which we here at stockroach love). We are currently observing resistance at .0004, but we could EASILY see this run up to .0007 for a 250% gain. With that type of profit potential, CNEX is out own personal gold mine!
To further fuel the fire, the CEO of the company in a recent interview, “spoke about The Queen Alexandra mine itself, he spoke about the potential of putting the Queen Alexandra into production, and he also touched on the future of Cannon Exploration.”
Good morning my fellow rrrroooooaaaachitos.
Today your Senorita is drooling over CNEX ( Cannon Exploration inc. ).
This pile of roachy goodness brought us a beautiful gain of 137% the last time we took it for a ride.
I was also keeping an eye on this one yesterday and I must say that I was impressed with the BUYING volume on this beat to shit pink.
The chart tells the story right here my fellow bottom feeders.
It appears to be on an uptrend and yesterday’s volume of about 100,000,000 shares bought tells me that others are banking on this puppy netting them some nice gains.
Support comes in at .0003 and strong resistance lies ahead at .001.
Let’s see if this POS can net us a nothing to sneeze at gain of 75%.
Senorita “Show me the money” Roachita
CNEX (Cannon Explorations) looks like it may breakout to the upside pretty soon. We are seeing a descending wedge formation on strong volume and an upside break may yield a giant return. Those who have an appetite for risk may think about taking up a position now with a stop at .0005 if you don’t want to wait for confirmation.
On this beautiful sunny Tuesday I bring you 2 roachy morsels. Count them with me, uno, dos!
GGII ( Green Globe international ) seems as if it has possibly found a bottom here in the high double zero ranges. It has been under accumulation for a few trading sessions and the RSI along with the Money Flow Index seems to be turning around at these levels.
Support comes in at .007 and resistance comes in at .0083. In my opinion if GGII can break the resistance level it can see a retracement back to the .015-.02 ranges. If it can get some good momo going it can possibly even make a run for the 50DMA of .05. So set this oversold piece of poo on your watchlists.
Now onto the next POS.
Let’s do a little flashback on a couple of stocks that have made us roaches some dinero over the past couple of weeks and has some traders biting their nails.
ENTI ( Encounter Technologies inc. ) and CNEX ( Cannon Exploration inc. )
ENTI – Oh wasn’t this a delightful little subpenny morsel, for us to feast on!
We made 237% on this turdpile and the more ballsy roaches that were determined to, “Hold onto their shares tighter than they would hold on to their balls for that PENNY!” made upwards of 400%!
CNEX – This ball of poo disguised itself as a gold nugget and raked in 137% gains for us, and once again the “balls of steel” roach club members that held on for DA MOON aka .01, made upwards of 500%.
Speaking of the, “Balls of steel” club. You all need to start banging those balls on the table more often, and let us know through Testimonials just how many pesos you are stashing into your roach holes.
Holy shit what a turd filled week my fellow roaches!
CNEX managed to snipe a very nice gain for us roaches today. I know I lowballed my entry price but hopefully some of you managed to get yourself a chunk in the 7s today. That goldmine managed to hit the 200 DMA before selling off. For those that are hyping a CNEX buyout, all they have mentioned in their quarterly report are possible joint ventures in the future.
Do you guys REALLY want to hype a buyout? Look at the turds such as THRR, IHSN and POSC. People are running from pinkshit ”buyouts”.
ENTI still has some good catalysts just a couple of weeks away. These are bargain basement prices imo, and stocks such as GOIG and ATNP traded in a much similiar fashion before their launches. ENTI will be airing their commercials starting the first week of June through December. Their ads are estimated to hit 400 MILLION households. Channels that could be airing these ads are MTV, BET, TNT, Fox News, Comedy Central, Bravo, CNBC, CNN, Discovery, Spike, TLC, BBC America and VH1 just to name a few.
Someone hand me an aspirin. Scratch that, somebody hand me some mezcal and don’t forget the worm haha. This has been a tough week for EVERYONE. Count yourselves lucky you penny playing bottom feeders. Those that have been playing the big boards are taking an assbeating. They are getting their asses beat harder than a red headed stepchild.
It’s been a tough week in the market and not just in the pinkshits. It’s been a week long bear raid all around imo.
A lot of traders are more pissed off than a dog shitting tacks and who can blame them? Even the big boards are acting like pump and dump pinkshits! Have you taken a look at the DJIA chart? It looks like a ski slope.
Well, let’s get back to a couple of stocks that have made us some nice profits in the past and could potentially make us some more money money money.
ENTI ( Encounter Technologies Inc. )
Looking for a re-entry around the .0048 – .0053 ranges. The launch of their commercials for Music Matrix is only 2 weeks away so there is still some time to buy, add or flip imo. The stock is very liquid, so it’s an ATM machine as long as you don’t get stuck buying at the top. Resistance comes in at .0065 and .0075.
CNEX ( Cannon Exploration Inc. )
I mentioned in one of the comments that CNEX appears to be going for the 200 DMA which is around .012. It’s been showing some very strong moves and had an incredible close at .0082 met with some selling pressure EOD.
Who here doubted Senorita?
I know there are quite a few of you!
CNEX – .0019 to .0045 that’s a 137% gain.
HMIT – Up 60% from the low of .001. It’s a slower mover but I am still bullish on it.
UWRL – Up 45% from it’s support of .002 and I personally have much higher hopes for this dog.
If I hear even 1 roach say that they lost money on CNEX, I am going to kick your bum bum because that means that you went short on it.
Try making these percentage gains on the blues. Bet you can’t do it.
Us roaches might be a day late sometimes or EARLY. I prefer to call it early seating but when our picks run they run faster than Rosie O’ Donell chasing a cheeseburger.
Stay tuned for more roachy goodness and as I have promised last week, I will be blogging about the myth of the “paid” penny stock basher.
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 CNEX, HMIT or UWRL at any time after this post.
CNEX ran hard and fast from when I first alerted it at .0019. This piece of poo ran out of the gate faster than a prized racehorse with it’s ass on fire to hit an Intraday High of .0034 during lunchtime. That’s an easy 79%.
The move today certainly attracted a lot of attention and has the message boards buzzing with talks of,
”To da moon.”
“We’re going multipennies!”
“I’m going to pay off my mortgage with the gains from CNEX!”
Buenos dias my fellow cucarachas.
Senorita is nosing around CNEX ( Cannon Exploration Inc. ) today. This pinkshit gold mining play is looking like a good bottom bouncer.
There is a PR out pre-market about their gold properties in Canada. Yes, CANADA. When I think of Canada, I personally don’t think about gold, more like maple syrup and igloos amirite? Oh and hockey players, mmmmmmm hockey players.
Link to their PR: http://finance.yahoo.com/news/Cannon-Announces-Spring-iw-2119147090.html?x=0&.v=1
Now on to the technicals. Support for CNEX is .0015 and the 1st level of RESISTANCE is .002. Very tight trading range and the volume is starting to pick up. If CNEX can break the .002 resistance then I don’t see why it cannot take out .003 as well and make a run for the Canadian border to around the high .003 ranges short term.