AI
Tuesday, July 19, 2011 9:37:19 AM
SD $10K Challenge Pick: USFM
45ooo shares. Cost average: .0063
To begin, I like USFM simply as a bounce-play. All it needs is a little volume. L2 has approx. 300K sitting at .007. Looks like someone’s tired of waiting as there was only 35K there Friday…lol. IMO, better to get that block out of the way here than trying to do so when this is trading back at .02 or .03 or .04. I won’t get too into L2 as that can change at any moment, but rather I would suggest folks take a peek at what’s currently sitting beyond .007 and recall how this ran when volume did start in. That’s what there ‘low floaters’ do…they run like the wind with volume. I would consider a play with an OS of 121,485,662 and a float of 41,685,255 a low floater. Wouldn’t you?
Now what could make this move? Folks tend to forget about these plays when they start drifting lower. As a result, they miss key pieces of news. Well, not everyone’s forgotten. I see that 200K sitting at .005 hoping this falls further. I see you!...lol I also see 95K sat at .0061 with no love all day. I’m not waiting to see what falls. Recall the reason this ran to begin with? RM speculation. Well, for those paying attention, the company may have delivered a ‘hidden’ gift in the late hours of Friday when no one was looking:
http://ih.advfn.com/p.php?pid=nmona&article=48463302
The run back in April was based on speculation that an RM may be ahead of us due to the (then) newly installed CEO and his ownership of a private green energy entity. On the surface, the news appears to have no indication of any immediate positive effect on PPS or USFM. It is, however, significant in that it marks the first time they have EVER released a PR related to any green energy initiative. The link was just provided for those who took notice and for those who have been watching / following this one. It seems this may be one of the things addressed during the upcoming CC (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65257987)
Not much time between here and the July 25th CC. My $350 says this runs between now and then. For those unsure about the play, I would recommend folks take a close look at some of the newer posts on the board and the stuff in the stickies.
USFM - Daily Candlesticks
45ooo shares. Cost average: .0063
To begin, I like USFM simply as a bounce-play. All it needs is a little volume. L2 has approx. 300K sitting at .007. Looks like someone’s tired of waiting as there was only 35K there Friday…lol. IMO, better to get that block out of the way here than trying to do so when this is trading back at .02 or .03 or .04. I won’t get too into L2 as that can change at any moment, but rather I would suggest folks take a peek at what’s currently sitting beyond .007 and recall how this ran when volume did start in. That’s what there ‘low floaters’ do…they run like the wind with volume. I would consider a play with an OS of 121,485,662 and a float of 41,685,255 a low floater. Wouldn’t you?
Now what could make this move? Folks tend to forget about these plays when they start drifting lower. As a result, they miss key pieces of news. Well, not everyone’s forgotten. I see that 200K sitting at .005 hoping this falls further. I see you!...lol I also see 95K sat at .0061 with no love all day. I’m not waiting to see what falls. Recall the reason this ran to begin with? RM speculation. Well, for those paying attention, the company may have delivered a ‘hidden’ gift in the late hours of Friday when no one was looking:
http://ih.advfn.com/p.php?pid=nmona&article=48463302
The run back in April was based on speculation that an RM may be ahead of us due to the (then) newly installed CEO and his ownership of a private green energy entity. On the surface, the news appears to have no indication of any immediate positive effect on PPS or USFM. It is, however, significant in that it marks the first time they have EVER released a PR related to any green energy initiative. The link was just provided for those who took notice and for those who have been watching / following this one. It seems this may be one of the things addressed during the upcoming CC (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65257987)
Not much time between here and the July 25th CC. My $350 says this runs between now and then. For those unsure about the play, I would recommend folks take a close look at some of the newer posts on the board and the stuff in the stickies.
USFM - Daily Candlesticks
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