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I am currently putting together a comprehensive watch list of only 'OTCQX, OTCQB, OTCBB' stocks ONLY. I feel this will help eliminate some of the risk involved with pennies. Furthermore, to be registered under those standards means the company is filing with the s.e.c. which shows they somewhat ample cash on hand. I will keep all clued in as to my findings but so far 4 stocks have been added to my watch list for one reason or another (out of about 200 that I've looked at so far):
AMWW, ATPT, ALTX ~ (keep in mind, these are not alerts, merely 3 stocks that I have added to my watch list and ones I think others might want to add to their as well. I do this so that if news ever drops on one of them I am simply alerted to it due to my watch list without having to check everyday. So perhaps it might work out that I have no intention of buying one of them but then good news hits and it turns into a day/swing trade. Just want to make sure that's clear.)
After my watch list is completed I will then go through all of the stocks again to determine which ones I feel like alerting. I am starting new hours at my job that will unable me to day trade as actively as I would like. Therefore, I will be alerting stocks I feel have the potential of appreciating over a longer term horizon, and are not as volatile and fast moving as some of the ones I have alerted in the past. For example, if my watch list has 50 stocks, I will pick 5 based on their financials statements, share structure, forward-looking events, and management; I will alert them all at the same time as 'buys' similar to how a stock analyst would.
TBT ~ my favorite ETF to watch at the moment:
http://stockcharts.com/h-sc/ui?s=tbt
This thing is going to make an extremely ridiculous bounce at some point, key is to know when. Keep in mind this trades short of the 20 year treasury note. As stocks have sank, investors have flocked to treasuries for safety. At some point the treasury trade is going to unwind as investors get sick of making near 2% on their money, forcing a lot of money back into equities. When this happens, TBT is going to run 50% from the lows, guaranteed. Should enter the 20's in due time, look for a bottoming base to form around there. If that doesn't happen, well then you probably don't want to be holding any stocks, penny's or big boards, lol.
XLF ~ similar to NASDAQ, banks have been leading the broader markets lower. Markets cannot bottom until the financials do first, by the looks of this bearish gap that likely won't be happening anytime in the next 30 days, quite possibly longer:
http://stockcharts.com/h-sc/ui?s=xlf
NASDAQ ~ continues to lead major market indexes lower, just as it led them higher. Bearish gap down today signals further downside to come:
http://stockcharts.com/h-sc/ui?s=$compq
I'll be looking to rebuy my AAPL that I sold above $250 in the 230's or hopefully 220's, still holding 100 shares long regardless.
ZUMZ ~ on my watch list, getting cheap based on valuations:
http://stockcharts.com/h-sc/ui?s=zumz
RSI about to enter oversold territory. This one is very volatile, and when it bounces, it will likely return 20% or more in a short period of time.
Gold ~ talk about a textbook technical bounce:
http://stockcharts.com/h-sc/ui?s=$gold
bounced perfectly off the 50 day sma, setting Gold up for a move to new all time highs IMO
FAZ ~ I continue to take profits from my FAZ position and use them to average in on LONG positions:
http://stockcharts.com/h-sc/ui?s=faz
Wouldn't surprise me to see FAZ @ 20 in the next 30-90 days. Holding 500 of my 1,000 shares short-mid term as hedge
AXTI ~ added today, debated between GAME and AXTI and chose AXTI as I think the downside on AXTI is limited compared to GAME:
http://stockcharts.com/h-sc/ui?s=axti
GAME ~ was not shaken out of my position today but certainly wasn't averaging down on any just yet, further downside expected imo:
http://stockcharts.com/h-sc/ui?s=game
$INDU pierced critical psychological support @ 10,000 intraday today:
http://stockcharts.com/h-sc/ui?s=$indu
I believe it is only a matter of days/week(s) at most before we are making new yearly lows.
SP500 clinging to round number support @ 1050 level:
http://stockcharts.com/h-sc/ui?s=$spx
investors, for those of you thinking stocks are cheap, they are going to get ALOT cheaper on an SP break below 1040
Oil set to test critical support @ 70:
http://stockcharts.com/h-sc/ui?s=$wtic
Might very well test 60-65 region if 70 does not hold IMO
Added more AXTI in 5.20's... value/growth play
SP500 support found in 1050-1055 region. Test and eventual break of 1040 would lead to a break below the yearly low of 1010 IMO
SP500 resistance respected between 1078-1088, further downside remains likely IMO
Whatever you say Doc , and no still beating my Acura lol.
Yep, certainly doesn't seem positive for the markets. Seems like alot of money is coming OUT of equities, on top of the money that has already left the marketplace the last 24 months.
I'm watching TBT and TLT like a hawk to precede any turn in the stock market:
http://stockcharts.com/h-sc/ui?s=tbt making fresh all time lows
http://stockcharts.com/h-sc/ui?s=tlt making fresh all time highs
Actually I prefer FAS, at least for the first part of the week. Remember, Monday, year to date, represents the best performing day for the markets. On a technical basis, FAZ looks like it peaked in the short term Friday, while FAS looks like it made a short term bottom. I'm watching 1065 on the SP for support and 1078 for resistance. I think any rally will be capped by former support which I am looking to become resistance @ 1088, on the downside, I think a solid break below 1065 could send the markets reeling. Sold out of my FAZ position and calls on Friday after it failed to really bust thru the 16.40's. Will look to reenter ahead of the weekly jobless claims number Thursday.
By the way, Wassup BENZ? You driving one yet???? Rumor has it you been doing quite well the last few weeks, lolzzzzzzzzzzz
FAZ ~ http://stockcharts.com/h-sc/ui?s=faz needs to close above that 200 SMA day (16.26 coming into the week)
FAS ~ http://stockcharts.com/h-sc/ui?s=fas has closed above it's 5 day SMA twice in the last 12 trading sessions (19.73 coming into the week)
Well, funny you should ask. Here in Chicago where I live, a new Trump Tower went up in 2007. When they were selling units there was such a strong demand initially. So much so that Trump Tower bought back a huge percentage of the units they had sold thinking they sold them too cheap. They figured, let's buy them back and sell them at even more expensive price. Well, it just so happened that this "idea" turned out to be the buildings undoing. Currently, more than HALF of the units are left unoccupied. There's a restaurant along the Chicago River (which the Trump overlooks) that my wife and I were eating at just yesterday. It was amazing to us to look at the Trump and notice that probably 20% of the entire building had lights on, keep in mind this was around 8 pm so it wasn't as if people were just sleeping. I actually know of a couple families who are seriously considering buying units there because the prices are so depressed due to the real estate blunder the Trump group made when they bought back all the units. Personally, I believe that land is an undervalued asset right now. If you look at the Case-Schiller Home Price Index you can see that housing prices have pretty much fallen back towards where they should be according to the model. As a matter of fact, if prices continue to drop, prices will actually fall below the average price indicated on the model, representing what could be a very very profitable opportunity for savvy investors who can afford to wait a few years for a return. I don't much about REIT's or even many equities in the housing/homebuilder sector. I'm of the belief that condo's in high rise buildings are the new home in the suburbs, as alot of these luxurious condo's offer all the amenities one could think of. Living in one myself, with a gym, grocery store, movie theater, shopping center, out door patios, lounge area, we have a hard time figuring out why we ever need to leave, lol. If you're interested in a really great book that is the foundation for my thinking when it comes to real estate investing check out "The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It," by Robert Schiller. Hope you had a good weekend Shank and everyone, looking forward to a new week over here
pisa
Time to add FAZ this week
Know of any under-valued real estate plays? lol
Next Week: Retailers, GDP, Housing
By Neil Shah
Here’s Dow Jones Newswires’ Kathy Shwiff on what’s coming up on the corporate and economic news front.
-More U.S. retailers will report quarterly results. On deck: Coldwater Creek Inc. and Guess? Inc., both Wednesday; J. Crew Group Inc. on Thursday; and upscale jeweler Tiffany & Co. on Friday.
Also, Barnes & Noble Inc. is expected to report a big fiscal first-quarter loss Tuesday as the bookstore chain struggles with a changing marketplace for books and other media.
-Economists expect the U.S. second-quarter gross domestic product figure to be
revised down to 1.4% growth from 2.4% when the report is issued next Friday.
-And figures are due on July existing-home sales, which likely declined 4.3% from June, and new home sales, which are expected to rise 2.4%. The reports are due Tuesday and Wednesday, respectively. As for other economic data, the government will detail July orders for durable goods–those expected to last more than three years–on Tuesday. Next Friday, the Reuters/University of Michigan consumer sentiment index will release its final reading for August. Reports on regional manufacturing activity are scheduled Tuesday from the Richmond Fed and Thursday from the Chicago Fed.
Upper-Income Taxpayers Plan for Hike
By GARY FIELDS
Arch Brown has converted his traditional retirement accounts into plans with better tax advantages. Andrew Ahrens has been buying gold and silver and selling stocks. Archie Anderson might speed up the sale of two equities himself. Mike Henry is considering selling timber.
The four are among a growing group of high-income taxpayers who assume they will see higher taxes next year, no matter what Congress does to address the expiring tax cuts from the George W. Bush administration. More than four months before the expiration date, they are making plans to mitigate any impact.
Mr. Brown, a Tucson, Ariz., businessman, said he is working on the assumption that "the tax rates for people like me who have income over $250,000 will go up."
The maneuvering ahead of Dec. 31 has confounded traditional tax preparations and spawned feverish activity among higher earners, a trend reported by tax planners and financial advisers across the country.
Michele Knight, of Knight Accounting and Technology in Colorado, said she is fielding numerous questions from people who want to know the tax implications of starting a small business. She is advising them to create limited-liability partnerships, one way to organize a new company that might have more favorable tax rates for some. Others are interested in learning about changing their retirement accounts.
Jim Kirby, a tax partner with PMB Helin Donovan LLP in Dallas, estimates that 70% of his clients are calling about the potential tax increases.
"The third quarter is coming around, and people are getting concerned about what they should do to mitigate tax increases next year," he said, adding that he is hearing a lot from clients with property to sell.
Greg Rosica, a tax partner with Ernst & Young's Personal Financial Services practice in Tampa, Fla., said the looming increases were turning tax planning around 180 degrees. The pattern is normally to defer income until the following year, ever in hopes of avoiding or lessening the tax on it. Now "with higher income and capital-gains taxes [in store], it's accelerating income," he said.
It isn't clear exactly what will happen to the Bush tax cuts. President Barack Obama and most Democrats in Congress want them extended only for households with less than $250,000 in income and individuals making less than $200,000 a year. Republicans and a small group of Democrats say the cuts should continue for everyone. One option would see current tax rates extended for a shorter period, such as a year.
Then there's the default, if Congress can't reach agreement: Everyone's taxes will rise. Should the cuts be discontinued for the top two income brackets, the rate would go from 33% to 36% and from 35% to 39.6%. With the election season beginning, and a rancorous political environment, few would bet against the possibility of inaction.
Mr. Ahrens, of Ahrens Investment Partners in Lafayette, La., said 90% of the investment advice his firm is now giving centers on taxes. The firm is advising clients on how to defer income well beyond next year—for example, in annuities and retirement accounts, for when a client may have less income to tax—or bring it into the current tax year.
The investment manager is taking his own advice, in a number of ways, "to avoid the tax freight train coming our way." In April, among other steps, he "pulled out of equities and moved into hard assets like gold, silver and land." He said he will take other steps once the tax code is clearer.
Mike Henry, of Henry Wealth Management in Natchez, Miss., said he is trying to move up income that would normally be carried over into the next year. One idea is to sell timber growing on 500 acres of land he owns in Louisiana. He is considering that option even though timber prices have been dismal because of the prolonged downturn in housing construction.
Waiting for a better price on timber next year is "speculative at best," he said. "Even if the price does go up on timber, that increase will likely be eaten up anyway by the tax increases," Mr. Henry said. He said he is looking at other possibilities as well, including cutting back on his work hours and reducing his income.
"This is not tax evasion," he said. "This is year-end planning."
Mr. Brown, the Tucson businessman, said he converted his retirement accounts this year to Roth IRAs. With a Roth, withdrawals can be tax-free if certain conditions are met, while withdrawals from a traditional IRA are taxable. Anyone converting to a Roth must pay income tax upfront on any previous pretax contributions and earnings being moved into the new account.
Mr. Brown said he decided to convert and pay the tax this year, at the existing rates, in anticipation of what he thinks will be higher rates next year. It could save him thousands of dollars in tax payments, he said.
"I'm taking advantage of what I think will be the lowest tax rate for me in many years, and that's this year," he said.
It is hard to determine how many people are converting to Roth IRAs for this reason, however. While conversions are up this year, this was also the first year in which taxpayers earning more than $100,000 annually could take advantage of the Roth, so some people might have converted even without the threat of tax increases next year.
One frequently discussed option is stock sales. Mr. Anderson, president and chief executive of Options and Choices Inc., a Colorado data-integration and software-services company, said he has looked at a couple of equity holdings in his stock portfolio and decided he might sell them this year rather than waiting, as he was planning to do.
Capital-gains taxes, currently set at 15%, are set to rise. Treasury Secretary Timothy Geithner has said they should rise to 20%. Without congressional action, they will be treated as regular income and will be subject to a taxpayer's top marginal rate.
"As it gets on toward the end of the year," said Mr. Anderson, "I'll be thinking about those things more."
Write to Gary Fields at gary.fields@wsj.com
I am doing well..
No, only a board of director! LMAO
how you doing bt?
I heard you were the CEO of PPBL...........
LMAO
There are some rumors going around that "PISA bidwhacked PPBL the day the pick was announced."
LOL~ I will put an end to this bs right now, all at ask as well!... I DIDN'T EVEN OWN SHARES OF PPBL WHEN THE PICK WAS ANNOUNCED
I announced this pick to my email list in the 5's 2 weeks ago so all my peeps were in the green and hopefully smart enough to lock in profits!
I sold out on MONDAY for christ sakes... guys and gals, do NOT be fooled by posters and their tactics to trick you into thinking they weren't the ones that dumped all their shares
demand screen shots, not simple copy and pastes... anyone can change numbers when he/she is copying and pasting... hopefully this post will put to rest any question about the role I had in bidwhacking PPBL on wednesday... pretty hard to bidwhack something you don't of shares of, lmao
further more... wanna know WHY i sold out? well rumor has it that certain posters were compensated FREE shares of PPBL by the company to help push it... hmmm.. that certainly lines up with the 8k that came out a whole week before the 'mega pick' was announced increasing the a/s from 75 million to a 100 million imo...
the motto of certain posters on ihub appears to be, scam or be scammed.
Excuse me....? You mean Ihub..deleting your posts? That merits investigating.
PIHN Update...Dear Polaris International Holdings Inc. Shareholders:
Posted by: AMA33
Date: Thursday, August 19, 2010 10:34:58 PM
Post # of 18725
PIHN Update...Dear Polaris International Holdings Inc. Shareholders:
We again hope this newsletter finds you well. We wanted to take a moment to update you on a few up coming events, specifically our release of our financial results ending June 30, 2010.
Our quarter financial report ending June 30, 2010, will be positive. We are targeting releasing the financials inside of the next 10 business days as our accounting team continues to finalize matters.
Our overseas operations with Staff IS continues to lead the charge and our US based operations is continuing pursuing new business opportunities for the company.
We will continue to keep all our shareholders closely posted with news as we are in a position to do so. We appreciate your continued support in our vision and business.
Sincerely yours,Kuni Misawa
CEO/President
Polaris International Holdings, Inc.
I wish there were more traders like you that looks out for other. Good job Sir.
Powerlock International Corp. (PWLK) Posted by:
Up 75% today on mostly buys that were painted as sells' MM caught with there shorts down and scrambling to hold her down! Come get some
The_Pink_Lawyer Member Level Date: Thursday, August 19, 2010 11:50:57 AM
In reply to: $brich$ who wrote msg# 3114 Post # of 3196 Send a link via email Share on Facebook Tweet this post
PWLK pluses and minuses:
PLUS:
1. Maxed A/S and O/S a very reasonable 1 billion shares (for a triple zero stock that is very small);
2. Confirmed share structure as reported by ungagged Transfer Agent (again, for a triple zero stock just the fact that the transfer agent is ungagged is a huge plus);
3. Operating company with real products, real website. This isn't some guy running a share printing operation as evidenced by the low share structure.
4. Company owns patents for its vehicle anti-theft device;
5. Google search for "vehicle anti theft device," which is PWLK's business, brings back PWLK right at the top alongside such well known businesses such as LoJack;
6. Share price at triple zero huge benefit/risk ratio;
7. Best of all: THE TPL EFFECT!!!!!!!!!!!!
MINUSES:
1. Company hasn't issued press releases in a while, but that is indicative that the company didn't need to print shares for its operations (or vacations). This is a real company.
Posted by: Doubloon Member Level Date: Thursday, August 19, 2010 10:42:01 AM
In reply to: None Post # of 3196 Send a link via email Share on Facebook Tweet this post
quickie D/D
PWLK .0004
Powerlock International Corp.
5020 Campus Drive
Newport Beach, CA 92660
http://www.powerlock.com/
Phone: 800-689-8004
Fax: 714-546-8612
E-mail: info@powerlock.com
Estimated Market Cap
$356,320 as of Aug 18, 2010
Outstanding Shares
890,800,789
Authorized Shares
1,000,000,000
float
746,260,922
Power Lock International is the exclusive worldwide distributor for the Power Lock vehicle anti-theft product developed and manufactured by Ultimate Security Systems Corporation. The product is patented (United States domestic patent #5,548,164 and international patent issued in the United States #6,351,209 with other countries pending) and represents a technologically innovative and superior anti-theft product that, if widely adopted by retailers and consumers, has the potential to revolutionize the vehicle security industry. The product prevents "hot wiring" which accounts for 90 percent of the 1.2 million to 1.5 million vehicles stolen annually in the United States alone.
no prob Pisa. And that is a trip zero that likes to channel with decent volume... good for drawin lunch money out on a a regular basis while you hold for a big gain.
lol I like the way you play dirty
EXPH ~ Nice move Moola:
http://stockcharts.com/h-sc/ui?s=exph
you brought that one to the board in the trip zips as I recall, anyone who followed your alert made at least 100%, keep 'em coming!
Oh lord, lol. That doesn't sound good.
Thanks rj
Just trying to take a pro-active stance and maybe make a difference, even if it's small
I have your bans in my favs list, that way I always know what not to buy.
PISA PISA READ THIS PLEASE..LMAO
Supplemental Information to April 30, 2010 Unaudited Financial Report
The Board of Directors for EcoPlus, Inc. resolved that it is in the interest of the Company to be redomiciled in the state of
Wyoming. The following filings were made as a result of said resolution for change of domicile.
Filings with Secretary State of Wyoming
8/9/2010 Articles of Domestication (Foreign Profit Corporation) 8/11/20 Articles of Amendment. Increase authorized
Common Shares from 2,500,000,000 to 25,000,000,000. Par value is unchanged at $0.0000001.
Filings with Secretary State of Nevada
8/16/2010 Certificate of Dissolution
I like your ban list....a little pay back for our ban from grandbobs board! Good job!
Good job Lady!!
You the man. Let's list them. And IMO you got a few of them. LOCKUSA is still around and I think I have stumbled upon his new handle....will do a little more DD and let you know. I sure do not want to be wrong.
Yes, traderlady saved some people some money, kudos to her. Myself? I bought some yesterday just to bidwhack it today and take a small loss, lol
You called it. But they have to finish their previous project first. lol
Posted by: TEFFY Member Level Date: Thursday, August 19, 2010 7:22:48 AM
In reply to: TEFFY who wrote msg# 12229 Post # of 12260 Send a link via email Share on Facebook Tweet this post
AXXE, HMMMMMMMMMM? Next runner someday soon?
But first PPBL will get trading correctly.
Never leave one project before another one starts.
Much work to be done on PPBL FIRST!
EXPH (.0014) +55%
KSQR ~ what a disaster this one has turned out to be, sorry to anyone who bought on my accord. I recommended it in good faith and it has been nothing short of an utter disappointment. Nothing else to say other than that. I'm still holding but am currently on ask trying to take my near 70% loss and move on, d'oh! Win some ya lose some, so long as your winning more than you lose. This is a good lesson for me as I have a rule that I always cut losses @ 10%... obviously with KSQR I just kept averaging and averaging in thinking it would go and now I am paying the price. Just goes to show that you must ALWAYS honor your mental stops.
Not to mention management is about as smart as the cast of the Jersey Shore
http://www.investorsvoice.com/disclaimers/
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