is close to bankrupcy
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Please read the latest statement about todays recommandation,
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 06.20.2006 (3) days ago, when the price was 0.0250. Since then FMNJ has fallen -5.60% .
BUY-IF is confirmed by a white candlestick with an equal open and a higher close. The buying price is taken as the previous close ( 0.0230 ) according to the Rules of Confirmation.
Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. The market is now ready for a bullish move.
Trueheart, I couldn't get your point you mentioned about special dealings with companies those appear on American Bulls. To me, may be I am wrong, almost all the us and canadian stocks are rated after the "Candlestick Analysis" every day and updated every 15 minutes. The recommandations are generated by computer soft ware. For nonsubscriber the home page gives the latest readings for few stocks each from different exchanges.
Some time computer can generate wrong signals as I was informed by representative of the company in reply to my email and therefore reversed quickly. However I was really convinced about the acuracy of this analysis after I bought FMNJ at .05 contrary to the "wait" guidance on this site until latest buy rating at 0.023.
In short I was just trying to find out some answers from Americano since he posted the link on this site in his latest post. It looks as if he has gone for fishing and couldn't make himself available to this board today.
How much you trust American Bulls in your decisions about stocks? I subscribed this and has found great help to consult before buying or selling the stock. There are two readings one is daily and the other is weekly. Both seldom have same guidance at the same time. Just now if you see weekly guidance it is "wait" command.
I knew I bought FMNJ at .05 when American Bulls was giving "wait" reading after sell at .05. You can imagine how much it cost me by not following the guidance. There are several stocks who have lot of temptation to buy but when one check with site the reading comes out as hold or wait. Still there are time when the reading is changed few times in a day. That makes it difficult rather cost a lot. Just want your opinion about the use of this site. I must say I have recetly subscribed for one year after a trail for one month.
American Bulls has also buy recommandation on this stock. I have bought some on Friday and will buy more tomorrow.
But I have one question about SHO list. You mentioned that this stock is off the SHO list. Could you explain how you access that list?
Americano you have not explain this part of your post. (Note: This time around Heim is recommending that you use only gold and silver bullion coins and bullion bars, not gold or silver shares. Call U.S. Gold & Silver at 800-631-8292 and find out why he made the change.)
Apparently it means that this prediction of Heim is not true for Gold and Silver shares. That should be a real concern for the share holder of Gold and Silver like ourselves. Need your valid opinion.
Leasing seems to be the best option under such circumstances until production is stream lined.
That was the real good news. He seems very excited and full of confidance.
Are you ready to dump again at or around 9.00 since it moving fast to that resistance level?
I 100% agree with you. Playing blue chips with never make us rich. Only chance is penny stocks. Sure thre is lot of risk but reward is great too. If you control your emotions you can win. But never depend on one penny stock. Buy couple of them.
No doubt it shows resistance around 9.00-9.25 and support at 6.80. It has repeated this pattern today. But if you exit at 9 again who knows when it break that resistance to fly high and than it is expensive to catch this without paying premium or penalty.
I averaged down a bite from my average price of 0.05 down to 0.04 until I finished my spare ammunition. Let us hope tomorow will be a green day. I am hold close to 1M shares and it was really scary and very hard to stay long and credit goes to you for that. Thank you again.
Congrate to longs for closing green inspite of heavy sell off at the end of the session. Still longs out numbered the sellers. Americano you are great. Thanks for your encouraging words when every thing was red. May be lot of investors have already dumped and might not come back to the market for the fear of ending up losing their hard earned money. The fault lies with those who continiously spread unfounded bearish view. May be they might have gained by this slide but at the cost of those unfortunate whose dream remained unfulfilled. Therefore I strongly appreciate investors like yourself whose help kept our moral high in difficult times. Thanks for that Americano
Gazprom is Blivia now with few advantages over FMNJ.
The company has deep pockets and is a Russian company. Alongwith this goes the agressive business tactics. This alongwith the leftist plus anti US Bolivian Govt put Gazprom in a very strong position particularly in Oil & Gas sector. Here FMNJ holds only MOU OR LOI with no single advantage like Garprom has. I am not basher rather I have a very strong position in FMNJ. I am raising this to get an informed opinion from any other investor.
I know Gazprom presence will not affect FMNJ's mining project but we were banking on GTL also to maximize our share value. Any opinion will be appreciated.
Americanbulls.com has "buy confirmed" reading on FMNJ updated from Buy-if at 08.48
Even Stockchart.com has buy rating on FMNJ. It is very demanding time for investors in such speculative stocks during the bearish market. Let us see what is store for us in this week.
Every body is aware of the risk involved in these penny stocks and there is no need for any body to waste his time explainig that. I believe all the relevant points regarding infra structure est are meaningless as long as they have already got hold of the deal or have moved closer to one is a bog step for the company and for us investors. Therefore we are here to wait as long as it will take this company to succeed.
I am a Geologist by professional and has an experience to in exploration, developing and operating a mining project. The ist priority of the managment after getting green light is usually to start production. Infra structure usually follows. What I have seen from Photos there should not be any problem having an easy access to site. However I do not know how much deep they have to go to touch the deposit {vein}.
What about the test reports? Do you considers them too as fluff PRs?
Jag! I am Canadian and as yet have not thaught about tax consequences of quick trades. But I am concerned that my broker BMO Investor line will make a lot of money. It will not matter much in case I will make really good returns. So far I have been trading US securities. Currency fluctuation is also a big concern. But most important for me at this stage to lock my gains when ever stock turn bearish. I hope I might accomplish through this site.
Jag! I am really impressed the way these guys have made TA easy to understand. Most of the time traders develop attachment with a stock so much so that they cann't dumb that when it should be done. Thus people incure very substantial losses. Reason is that there is nobody to tell them that rally is finished and long bearish trend is in offing. In last rally of GNBT people including myself made 50K in a week only by dumping its way down. Whereas I know some who kept the stock close to their heart and lost millions. Therefore you are right even if TA is 60% right but it can me from going bankrupt. Thank u any way for the link. I will give it a serious try.
I checked Market Watch chart and found that GHLT started trading as Pink Sheet from Sept 2005. May be that is the reason it has not caught the attention of investors. Today company provided very bullish guidance for 2006. link is
http://biz.yahoo.com/bw/060519/20060519005197.html?.v=1
Terry!
I also observed there correct prediction in lot of stocks I cheked. Of course few misses can not be taken seriously. I have several other news letters but this one givs you a very clear guidance/instructions. I have already bought some from there five star confirmed buys. Let us hope it will work well. I was very seriously hit during this correction. If I had access to this site I could have save me lot of damage.
I have one stock in my portfolio under the symble GHLT. Since I bought this few days back it is continiously going up 4,5,6% and for couple of days was only green thing on my screen.
However when I checked this on AmericanBulls.com it didn't come up. One problem I couldn't understand with this stock is about its zero bid and ask. While it has substantial volume. I will appreciate your comments.
To day I subscribed to Americanbulls for one month. I see FASC sell signal but at the same time when we see BIPH after reading your message I am double minded about my sell order inspite of good news from Korea. Do you suggest that selling this is correct decision? I know it has been moving up and down all through out this week.
Hi Jag! you have reffer to Americanbulls. I have gone through this. How often you follow the recommandations. If it is really working than investment decision must be very easy. What is your opinion? thx
Inspite of all this I am long with 500k. It is a difficult situation for every investor big or small. Therefore lot of questions comes up and need to be answered by some one well informed.
We have a very bitter experience with GTE and there Russian deal. I appreciate that FMNJ CEO does not comes out with any dead lines regarding the deal like that of GTE.
My question is if report is so excited than why those so called big investors didn't add more in big blocks? If they have done it would have a proper reply to all bashers and no body would have demand any PR so much.
If it continues today? Sorry! didn't follow what it means.
Why 11.00am? Is there some expected news that is going to generate signal?
It is very annoying as well as unprofessional for any CEO to speak to one retail investor about the sentiment of the expected PR. Either it is all BS or some sort of mismanagment on the part of a Publicly traded company.
Waht is the situation in Euro market? Anybody has link?
Those companies who issues frequent PRs are not good for investors in long terms. Reason being such PRs do not carry solid info about the development. We have a very bad experience with a company symble GTE. They had some sort of agreement with Russians to install Stratellite in 30 cities @ the cost of $600M. The Ceo kept issuing PRs regarding the negotiations and even deadline that excited the market until all the dead lines start getting by with out any result. The stock crashed and the whole thing goes to CEO who kept on issuing the prs with dead line of releasing of funds and SP kept on rising.
The best way for such overseas 3rd world contract is to keep silent until something solid is not there to present to investor. I appreciate FMNJ for not issuing such fluffy PRs. Therefore be pateint and hope for the best.
Fasc is the only Ethanol stock that is Green today. Congratulations longs.
According to WSJ foreign companies are willing to discuss and work with Bolivian Government. This is a possitive news. Brazil and Spain are the two biggest investor and they are ready to work in new situation.
I have not been associated with any acquisition business. Only I have hard time to understand why insiders even did not get the PPS going since 06th April 06. Reason might be this part of the PR.
"
The company reports that management of both Nord Oil International Inc. and North-West Oil Group are meeting over the next several days to further review the offer and determine the course of actions to be taken to conclude said transaction."
Do you think that people including hedge funds, MF and big investors do not follow such news. What about the board of directors of the company getting offer and if they see any such thing happening seriously they would have jumped into in in big way.
Any way this is my opinion and that is not binding on any body. Please do your own DD and act accordingly. May be I am wrong. I do not have any special interest. I was just trying to figure out about this stock behaviour after this supposedly huge news for any Pink sheet stock.
On top my head I cann't give any specific example but every body who is in the stock market for some time must be knowing this already.
That is very strange. Usually in such cases the PPS should already touch that offer price. Since this offer is not very recent and insiders had enough time to load up theirs boats so far. Investors need to be careful here.
I couldn't see ask and bid on my screen of BMO Investorline. How did u find out ask price?
Waiting for 10 minutes to see my order for 100K to be filled up @ or better than 0.038. Strange why should it takes so much time while stocks trade @ 0.034?
I trade with BMO Investorline. One of the top Canadian discount broker. They have recently lauched a promotion for those who do more than 30 trades in three months will be eligible to get $9 per trade commission. Since most of the penny stock traders do more than 30 trades and I do it will be a great benifit. However they have watching period of three months from Apr to June.
I wanted to recommand your post but found out that this board does not have that option. Every long need to read this.