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CGAQ - alert for next week - Oct 24th opening of casino.
Guys, I am new to this board, but if you are looking for a penny pick that may see big gains next week, check out CGAQ. The afternoon rise to close at .29 shows it may be starting to gear up momentum because of Casino opening on October 24th.
"We continue to maintain the project has been within budget, will have no debt upon opening with sufficient operating capital."
-O/S only 70,221,000 as of June 30th, 2009
-Float(shares) 3,547,000 as of May 20, 2009.
Here is some news:
MIAMI, FL, Sept. 30 /PRNewswire-FirstCall/ - The CEO of the Caribbean
Casino and Gaming Corp (CGAQ.PK) is pleased to announce that
construction is still on schedule.
Steven Swank, Chairman and Chief Executive Officer stated: "We are
excited to report that the Sosua Bay Grand Casino is still on schedule
for the grand opening event on October 24th, 2009. We continue to
maintain the project has been within budget, will have no debt upon
opening with sufficient operating capital. The carpeting has been
installed as well as the spectacular lighting system. The table games
are being delivered today with the slot machines on schedule for
delivery to the Dominican Republic next week. Security cameras are
being installed on Sunday. We are extremely excited about the progress
and look forward to sharing an amazing event with our select VIP's and
share holders.
The casino is scheduled to open with a VIP party and concert event on
Saturday, October 24th and plans and being the premier gaming
destination in the area. Rubby Perez, the famous Dominican songwriter
and producer, will perform that night. More than a thousand people
were invited for the event, including many VIP's and local
personalities.
This will see some major action next week! GLTA
Easily should see .30.
Next week will get interesting. GLTU
Ask dropped now...people are crazy to be selling now, give it next week, this thing will start garnering attention. PR is likely to come out, look at the recent frequency of PR releases.
Bid .24; Ask .25
We will see a quarter today.
I believe there will be buyers coming in anticipation of the opening, not just waiting for afterwards. Especially if the company puts out a PR, which I would expect here soon.
Perhaps .002 eod, but I do expect green days ahead, slow and steady rise over multi-day.
Thanks for the L2. I hope PR comes out soon. Do you expect it? I think these levels are a nice entry point. Good swing play and for longs, I'm sure you will be rewarded. Looks positive.
Nice volume and movement. I'm in 2.5 mil. GLTA
MPTO up 42%. Bid .0023 Ask .0028
MPTO up 42%. Bid .0023 Ask .0028
MPTO up to .0018 now. Bid at .0017.
Volume around 7 million
Thanks, It may take a bit of patience to wait for the pop, but at this low price, just wait and it should be a nice multi-bagger. GL
MPTO - very undervalued at .0018.
I think MPTO has major bounce potential.
Float
19,704,156 as of Jun 30, 2009
Could easily be multi-bagger on news or no news...
After I found it, I saw that this guy did a write up:
I'll post it below.
Thanks!
http://pennystockgurus.blogspot.com/2009/10/mpto-diamond-in-rough-pennystockgurus.html
http://pennystockgurus.blogspot.com/2009/10/mpto-off-to-good-start.html
MPTO has fallen substantially from its $.20+ high reached early in the summer and looks ripe for a rally from extremely oversold conditions. The stock closed at $.0014 on Tuesday.
Lets get to the bad news first and then the good news. The stock has undergone a few modest reverse splits over the last couple years. This means this stock is good for a trade on technicals, news, momentum, but not something you want to be holding for an extended period of time.
The good news is that there are only 500 million shares authorized and less than 100 million outstanding as of late June. The outstanding shares have likely increased as the price per share has fallen, but the limit is 500 million. Not an overall bad number for a $.0014 stock. The stock has reached levels where buyers will step in just to play the momentum. These $.001 stocks have been flying off the shelves lately. All this stock needs is a match to hit the fuse and it will explode.
That match might be the acquisition MPTO is planning. They are negotiating to acquire Bayside Holdings, a Diamond and Gem Importer. Read about it here:
http://www.mp2technologies.com/id16.html
Bayside Holdings web site is here:
http://baysideholdings.com/Home_Page.html
MPTO should bounce at some point, the guru thinks it will be sooner rather than later, with a possible move coming this week. Today the stock took selling volume in stride and closed off its $.001 low. That might have been the lowest you will see this stock trade for some time. Total volume has been light for this $.001 stock with the biggest day being 15 million shares.
With any reasonable buying volume MPTO could hit $.003 in short order for an easy double. A push over $.01 would not be surprising as this was once a $.20 stock. The rate of decline was slow and deliberate and we think the rate of bounce will be fast and precise.
When news of the MPTO acquisition hits the wires the stock will have the fuel it needs for liftoff, if it hasn't already been sent into orbit by then. Of course either way the Guru will have pointed the stock out to you at the bottom, and that's all that matters.
Keep MPTO on your watch list going forward
BTW, MPTO is currently at .0018, HUGE UPSIDE and LOW FLOAT.
MPTO - very undervalued! Check it out!
Guys, this is my first post, I have been watching your posts a while now though. Thanks Taki for your picks.
I think MPTO has major potential.
Float
19,704,156 as of Jun 30, 2009
Could easily be multi-bagger on news or no news...
After I found it, I saw that this guy did a write up:
I'll post it below.
Thanks!
http://pennystockgurus.blogspot.com/2009/10/mpto-diamond-in-rough-pennystockgurus.html
http://pennystockgurus.blogspot.com/2009/10/mpto-off-to-good-start.html
MPTO has fallen substantially from its $.20+ high reached early in the summer and looks ripe for a rally from extremely oversold conditions. The stock closed at $.0014 on Tuesday.
Lets get to the bad news first and then the good news. The stock has undergone a few modest reverse splits over the last couple years. This means this stock is good for a trade on technicals, news, momentum, but not something you want to be holding for an extended period of time.
The good news is that there are only 500 million shares authorized and less than 100 million outstanding as of late June. The outstanding shares have likely increased as the price per share has fallen, but the limit is 500 million. Not an overall bad number for a $.0014 stock. The stock has reached levels where buyers will step in just to play the momentum. These $.001 stocks have been flying off the shelves lately. All this stock needs is a match to hit the fuse and it will explode.
That match might be the acquisition MPTO is planning. They are negotiating to acquire Bayside Holdings, a Diamond and Gem Importer. Read about it here:
http://www.mp2technologies.com/id16.html
Bayside Holdings web site is here:
http://baysideholdings.com/Home_Page.html
MPTO should bounce at some point, the guru thinks it will be sooner rather than later, with a possible move coming this week. Today the stock took selling volume in stride and closed off its $.001 low. That might have been the lowest you will see this stock trade for some time. Total volume has been light for this $.001 stock with the biggest day being 15 million shares.
With any reasonable buying volume MPTO could hit $.003 in short order for an easy double. A push over $.01 would not be surprising as this was once a $.20 stock. The rate of decline was slow and deliberate and we think the rate of bounce will be fast and precise.
When news of the MPTO acquisition hits the wires the stock will have the fuel it needs for liftoff, if it hasn't already been sent into orbit by then. Of course either way the Guru will have pointed the stock out to you at the bottom, and that's all that matters.
Keep MPTO on your watch list going forward
BBC XHUA news out:
http://news.xinhuanet.com/english/2009-10/08/content_12195246.htm
Cooperation is the trend for media organizations to expand development, said Xinhua president Li Congjun.
·Li made the remarks when meeting with BBC Global News Director Richard Sambrook in Beijing.
·Xinhua News Agency and BBC Global News have great cooperation potentials, Li said.
BEIJING, Oct. 8 (Xinhua) -- China's Xinhua president Li Congjun said here Thursday it is the trend for media organizations to tap opportunities through cooperation in order to expand development.
Li made the remarks when meeting with BBC Global News Director Richard Sambrook who is in Beijing for the media event scheduled on Oct. 8-10.
Li Congjun (R), president of China's Xinhua News Agency, meets with Director of BBC Global News Richard Sambrook in Beijing, capital of China, on Oct. 8, 2009. Richard Sambrook was in Beijing to attend the World Media Summit, to be held on Oct. 8-10. (Xinhua/Zhang Duo)
Photo Gallery>>>
BBC boasts one of the world top media organizations and Xinhuais the largest in China. Both have great cooperation potentials, Li said.
Xinhua provides a variety of media services ranging from traditional word and picture reports to video programs more recently, according to Li.
As the owner of China's largest network, newspaper cluster and financial information platform, Xinhua's cooperation with BBC achieves complementary and win-win results.
Sambrook said that he looks forward to the upcoming discussions in the next two days, believing that media organizations will expand cooperation in coping with the challenges posed by new technologies.
premarket: 0075 x 008.
Lots of momentum and pending news. This should hit new levels. GLTA
Wow, nice "surfer". You must be up hugely :)
I think it will continually rise and hit at least a penny.
Feel the momentum on this one.
With A Estimated Market Cap of only $670,496 as of Oct 2, 2009 and Outstanding Shares of 148,999,008 as of Feb 13, 2009
149Mil is extremely small. Take that Minimum $5MILLION/149MIL = .0336 Cents.
Rumor has it that XHUA, is coming out with HUGE news next week at BEIJING, where "Heads of worldwide media organizations will gather in Beijing at a summit from Oct. 8 to10" potential partnership with other big SINO-US Based media/publication/marketing companies. A Multi-Million Dollar deal in the range of $5Million.
In additional the Rumor is said that before they release their next financial statement, which is at anytime or around now, they plan to announce this partnership or acquistion before then.
Always do your own dd.
Thanks!
Do you have link or more info about the conference?
Go read the google discussion board threads for HSCC.
Thanks...GLTA
To those that have been in HSCC a while...do you know if HSCC is affiliated in any way with the company of the similar name Homeland Security Capital Corporation, HOMS?
And any comments on this: http://finance.yahoo.com/news/HSCC-Awarded-14M-Contract-for-bw-2628703601.html?x=0&.v=1
Thanks guys for your dd and explanations. First time post on IHUB, but I've read your posts. I am normally on the google boards - but they can get really frustrating.