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I flagged NEWL for some lucky folks before the big run yesterday over on the FREE board. Keep an eye on NEWL for a possible continued breakout this morning - gapping up big in the PM (I will take some profits out of the gap up). FREE is finally falling - possibly a dip and rip - consider making a low bid.
CRRS down 50% now in 5 days - put on bounce watch - could be today or Monday
How many times is NAMG going to be touted? Got the one below this morning:
PennyStocksForever.com does its best to bring you accurate information but errors may and sometimes do occur. Always do your own research before investing. PennyStocksForever.com is not a licensed financial advisor. This is a paid for marketing newsletter which will state compensation, if any, for the specific company being marketed in the disclaimer at the end of this newsletter, this is not a solicitation or recommendation to buy or sell securities. This is a paid advertisement.
Hurry and read up on NAMG.
This stock has been quietly moving up all week, and finally took a dip today. Now could be the prime time to read up on this company incase it resumes it's momentum. View the chart below and decide for yourself!
Chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=NAMG&insttype=Stock&freq=7&show=&time=18
Oil and natural gas play huge roles in almost all of our daily lives. We need it for mobility, electricity, and to keep us cool or warm.
With so many conflicts in the Middle East in recent years, there is a dire need for increased domestic energy production.
One state in particular that could significantly contribute to the United States gaining energy independence is California.
NAMG is an emerging oil company that is involved with the prolific San Joaquin Basin in California.
The San Joaquin Basin is being targeted due to the emergence of unconventional hydrocarbon plays in this prolific basin, plus significant conventional oil and gas reserves which continue to be discovered.
Back in 2009, Occidental Petroleum Corporation made an estimated 150-250 mmboe discovery in the San Joaquin Basin. This was the largest discovery in California in 35 years!
NAMG has invested in California for very good reasons.
California contains 15 of the largest oil fields in the USA and holds 16% of USA crude oil reserves.
California is also home to the Monterey Oil Shale. The Monterey holds an estimated 15.4 billion barrels of recoverable shale oil.
Why is this significant and making California possibly the next oil rush? Because the Monterey Oil shale has as much as five times the amount in North Dakota's booming Bakken Field, according to 2011 estimates by the Department of Energy.
At the of end 2010, California ranked (excluding GOM offshore) #3 in the US in both oil production and also in proved oil reserves, according to the EIA.
California is home to some of the nation’s largest oil fields by EUR, and 3 of the top 10!
You can read more on NAMG here: http://finance.yahoo.com/q?s=NAMG
You can view more about each project here: http://www.namoag.com/projects/
Earlier this week NAMG announced that it has completed an exhaustive analysis on the recently acquired 3D survey covering its 3,429 gross acres (2,946 net acres) Tejon Area totals.
The company has completed mapping and volumetric analysis of the 14 prospects previously identified, further refining their extent and reducing their associated technical risk. This work has allowed the company to prioritize its prospect inventory in terms of geologic risk, resource potential, drilling difficulty and permitting issues.
The prospects include 5 target horizons: the Eocene, Vedder, Jv, Olcese, Reserve and Transition Zone.
All of these reservoirs are productive at the adjacent Tejon, North Tejon and Wheeler Ridge fields which have together produced over 175 million barrels of oil and gas in oil equivalent terms!!
Read the full PR here: http://finance.yahoo.com/news/north-american-oil-gas-corporation-133000609.html
California has become one of the U.S.'s top oil-producing states over the past 100 years. Could the state experience the next big oil boom?
Read more about NAMG and their projects at: http://www.namoag.com Always do your own due diligence. This is a paid advertisement.
After such a big run yesterday, the first gap down in a long time on this one can't be called unexpected. Question is, will we get a dip and rip or is this going to be a down day? The PM actually went as high as .98 before the pull back. I don't hold much anymore after taking profits yesterday - I am going to hang on to the small position I have left unless we breach .74 support level - then I would have to look for a buy back at .62.
Lucky enough, my other shipper NEWL is kicking a$$ in the PM.
This 400% Gainer Could Make a Double-Digit Run in a Matter of Weeks
By Michael Kahn on September 26, 2013
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Solar Panels
SunEdison (NYSE: SUNE), formerly MEMC Electronic Materials, traded close to $100 per share in December 2007 before collapsing to $10 in 2008. And the pain certainly didn't end there, as shares fell below $2 in 2012. But it now appears that this beaten-down stock has finally turned around. From its May 2012 low of $1.53, SUNE has gained more than 400%.
Currently just above $8, the stock actually traded above $10 in late July and early August before suffering a major one-day sell-off on Aug. 7 that took it down 24%. The entire solar sector took a hit that day after industry giant, First Solar (NASDAQ: FSLR), missed Q2 earnings expectations. But after some more convulsions, SUNE finally stabilized and formed a bullish-leaning pattern on its chart.
SUNE Stock Chart
In the past two months, it rallied up to the $8.45 level on several occasions before the bears took over. However, on each successive dip it set a higher low, suggesting that the bulls are starting to take a liking to the stock. In other words, they jumped in sooner rather than later, showing budding aggressiveness.
In technical analysis, a sideways pattern with a flat top and rising bottom is called an ascending triangle. While triangle patterns can break either way, an ascending triangle adds a slight bullish spin.
To be sure, even after the August debacle, the rising trend from last year remains intact, and prices remain safely above the rising 200-day moving average. And if we look back over the past two years, we see a gradual decline and recovery that formed a "rounded" or "saucer" bottom pattern. SUNE has already broken out from this gradual recovery pattern.
SUNE Stock Chart
There are two reasons this is important. First, it tells us that the stock has already cleared some technical hurdles to create a rising, albeit volatile, trend.
Second, it puts the summertime fireworks into perspective. The August decline was actually a test of an earlier long-term breakout, and that tells us that the $5.75-$6.25 zone, which was once thought to be expensive, is now considered to be a bargain.
The 200-day average is currently in that zone to reinforce it as support. And the 50-day moving average is now near the top of the triangle pattern to add to that level's importance. If SUNE can close above that level, then we would once again see former resistance become new support.
If this happens, there would be little in the stock's way up to the July high at $10.47. And if SUNE clears that level, it should have enough momentum to run to the next major resistance area at roughly $12. This level was an important support and resistance level in 2010 and 2011, and also the last chance for shareholders to get out before the 2011 bear market really got under way. (The drive to "break even" seems to be very strong even if it is unfounded as a viable investment strategy.)
Solar stocks have been strong this year, and I like to look for lagging stocks in strong groups that are on the verge of making technical breakouts. The "catch up" trade puts many trading strategies together in a hopefully profitable package.
Recommended Trade Setup:
-- Buy SUNE on a daily close above $8.45
-- Set stop-loss at $7.75
-- Set initial price target at $10.47 for a potential 24% gain in six weeks
Look at the PM - this one is exploding. We are on our way to .4.
Looking like a large gapup for tomorrow based on AH - great to see NEWL finally pop. I have been in and out of this one during the entire shipping rally waiting for this day.
I have been trading FREE and Newl (and DRYS) during the shipping run and ignored this one (watching from a far) as the bankrupcy situation always adds complexity. Guess I should have joined this party also. Based on FREE and Newl, this one should hit .5 soon it seems.
FU down 40% from its HOD AH - read this for all the fun info and follow the twitter link. The short attack dilution story appears to be legit, and this may tank a lot further tomorrow.
A lot of the shippers are back to their 2010 values; FREE won't make it to $14, but it still has a lot of room compared to its peers.
The next few days should be very volatile - I am sure there will be lots of opportunities for a nimble trader to profit.
I am guessing we have a small green day tomorrow but then break out big Monday. Most of us here are up 70% now - quite the smooth ride.
I have been here since the .18; never thought we would move this fast, but now that business has picked up, looks like we could hit $1.3 tomorrow.
Wonder if NEWL can also run again - I flagged that one here today at .13 and I know a few happy traders that cashed in real nice on it.
Remember last night when someone posted American Bulls had FREE scheduled for a pull back today - when I called their prediction a joke, I never expected anything this big today. Talk about missing the mark.
I told someone in a PM this would hit $1 tomorrow - may freaking hit it today; Monster mover here. NEWL also rocking. I sill think they will gap up tomorrow. Glad I loaded back up at 3.
Jan. 9 redux - going up over 100% today.
Glad my suggestion paid off big for you. Just saw NEWL is up 75%; amazing. FREE is looking stronger than ever also. Great day.
We will have to see if this pick is crap or not:
PennyStocksForever.com does its best to bring you accurate information but errors may and sometimes do occur. Always do your own research before investing. PennyStocksForever.com is not a licensed financial advisor. This is a paid for marketing newsletter which will state compensation, if any, for the specific company being marketed in the disclaimer at the end of this newsletter, this is not a solicitation or recommendation to buy or sell securities. This is a paid advertisement.
Hi Everyone,
Just a quick reminder that I will be sending out a report TONIGHT. I think it will be a very exciting read, so watch for my emails.
My alert earlier this week on NNRX continues to explode. The chart looks amazing, moving from about $1 to $1.30 in just 3 days!
I was not paid to write the alert on NNRX and I don't own any stock in the company and don't intend to trade it. I am just good at finding stocks with momentum!
Also check out JKS - I have held JKS, HALO and DQ - all three made be nice money today
FREE settled at an impressive range. I should have taken my own advice on NEWL below - that one is now up 44%. I may pick up both of these EOD if they still look good.
About a year ago, I use to trade FREE with NEWL all the time - NEWL was the monster back then. NEWL is making a sympathy move today it seems. I suggest keeping it on watch with FREE. I don't hold either right now and will reassess EOD.
YPF is an interesting large cap - gumshoe speculated yesterday it is Dr. Kent's latest pick; he was calling for a 6-fold increase in the ticker. However, gumshoe was not at all certain the pick was in fact YPF.
If anyone can confirm what the pick is or has an idea of where to find the pick, please post something here:
http://stockgumshoe.com/reviews/energy-inner-circle/whats-the-175-trillion-opportunity-from-dr-kent-moors/
Yeah - can't complain about 15% in one morning. Can't believe this is up 30% now; monster volume also. I had told someone yesterday in a PM my long-term target for this was $1 - that target is not looking so long-term anymore.
Crap - I sold too early also - never thought it would go this high; congrats to the non-daytrader longs.
Amazing morning for me - BTH, FREE, JKS, HSOL, DQ, and NNRX filled my account. It only took me a 1.5 weeks to make back the $10K I lost on PWEI. I am still pissed about the SEC stealing my funds (I don't mind getting caught in a dump - fair is fair - but being ripped of by the SEC is bull shit), but at least I was able to battle back quickly. I took some risks I normally would not have to make back the funds quick - that is not a smart move, but it worked out this time.
I got some PM's mocking my 10% gapup prediction - we are all laughing now. I took some profits and will hold the rest with a stop.
Last night I called for a large gapup - looks like it may come to fruition. FREE has a long history of wild gapups.
Shit - since I posted this idea to short JCP, the stock has crashed. I was tempted to do it, but never pulled the trigger. Probably too late now, although it seems it will fall further.
We are all just trying our best to make an extra buck. Remember to take profits - small profits are better than a big loss.
I keep my dollar amounts low unless the play is highly predictable (even then, of course, there are always risks).
Nothing wrong with using stops on the big boards, especially on high volume tickers. Sometimes, I just set a stop and a sell target order and ignore a ticker until EOD - saves time and guess work.
BTH up nice after my post today - I picked up a good chunk at $12.65.
http://247wallst.com/investing/2013/09/25/the-10-most-heavily-shorted-stocks-against-their-float/
The site isn't complete garbage to be fair - it is good for large cap high volume tickers. I would not pay for it though - just use the free options as one of your technical tools.
With paid services, I always keep in mind they would not be selling it if it really worked.
I apologize if my post came off as angry. I am long; however, I don't think anything anyone posts on ihub will affect the PPS of FREEs - it is one of the most actively traded tickers on the Nasdaq (lately that is). I am just a daytrader and don't fall in love with any ticker - as soon as a trend dies, I move on.
American bulls is a joke - I tried it years ago and know that personally.
FREE will follow DRYS as it always does - American Bulls is garbage for volatile small cap tickers; it is like trying to apply traditional technical analysis to an OTC ticker - big rookie mistake. The entire time I have been riding this one from .18 until now, posters have come here and said it is over bought and will crash - take a look at the chart.
I am not saying hold it blindly - I flip it constantly. I am suggesting using DRYS (and the other shippers more generally) as the gauge for how FREE will move, not American Bulls little candle stick analysis.
I would have waited until open if I were you - I would not be surprised by a 10% gapup.
I think the issuance would have been for 2M shares:
http://www.sec.gov/Archives/edgar/data/1325159/000114420413039063/v349806_424b3.htm
10-year BDI chart suggests we have more to go. I have seen the mainstream media call for a $5 DRYS target - based on that, we should hit $1 with FREE before this run is over.
http://ycharts.com/indices/%5EBDIY
FREE and DRYS looking great again. Baltic dry index has doubled since August, and had another big day today:
http://www.bloomberg.com/quote/BDIY:IND
Another big move today in the dry shipping index - this index has not seen a red day for a long-time; appears shipping run leg 4 has begun. The index has doubled since August:
http://www.bloomberg.com/quote/BDIY:IND
Nice power hour - DRYS, FREE and my other tickers all went up nice. I picked up a little DQ early - my only mistake. I am especially impressed with FREE - this has been an amazing ticker for the past month.
Look at BTH - number one of the short list - looks like it is ready for run 3. After the dip from that huge spike, I am guessing it will move back to the spike PPS and picked some up.
The spike came with this tout - SA's 4th I believe on this one:
http://seekingalpha.com/article/1712892-is-cvsl-the-porsche-to-blyths-volkswagen?source=google_news
All the solars I listed before open are up nice today. DQ is down of course after its 60% run yesterday. Not sure what I will do yet, but will probably pick up some non-DQ solars EOD. I am thinking DQ will dip and rip tomorrow. It went up so damn much Tuesday, I am afraid to buy it again until it confirms a reversal.
Loving that we now have shippers and solars to flip; nothing beats sector rallies. Also, NNRX continues to move as expected. This has been the best week of September for me.
Yeah I was in both of those tickers and based my prediction today on TAL*. Early on, on this board, I posted TAL*'s PPS history for its big 2-week run; I have still been trading this one based on the theory it will repeat.
Shippers making me money again - cashed out DRYS up 13%. If the shippers close strong, I will hop back in EOD. I still like DRYS and FREE best.