Teeny Tiny Flip Flops

[thepennyking]

QBID is a buy. Looking to buy up to 6 to 11 million shares in large blocks. Good candidate for future buyout or merger. With projected earnings and contracts pending could be a $1.00 stock within a year.

MVEE you'll have to give me some DD on.

TVCP I would look at picking up 3 million shares up to .18 cents if I can confirm their book value at .09.

http://biz.yahoo.com/t/t/tvcp.html

ETT is still a good long term hold up to 3x book value, despite their major sources of revenue having filed Bankrucpty.

The best deal so far this year has been KIND. Bought it at 8 cents while in Bankruptcy. When it came out of Bankruptcy it opened at $38.50. Our group had 1 million shares. We are slowly selling off in a continued rising market for those shares which are trading at around 48. Good cash position but a negative book value. So now is a good time to short it if you don't have any positions.

ZROS has been pulling back from its recent 400% runup in less than 30 days. There is more news coming soon, but I cannot comment on anything right now on it. Current estimates are its a $2.00 bill after the pending news gets firmed up.

Another good one is KMAG trading at .10 recently with a good high book value and lots of cash.

Another one on our radar screen is WDPT, trading at .12 with a book at .15 but with pending news see it at around .45 after the news.

Glad you made 500% on the REIT play. Most of our gains of late have been through shorting anything trading at over 3x book value. Nice short on BK this morning. Bank stocks are not worth more than 2x book in this market. There are exceptions to every rule but it is not likely that very many companies will be adding 200 to 300% to their bottom line stockholders net worth equity value during the next 24 months unless they are in merger plays or acquiring additional assets at a discount from their current books. So shorting above 3x book, and buying under book has been a smart strategy during the past 24 months.

Besides, the value of the dollar is rising still, especially with Europe and Asia still in turmoil, and you could see some major international bank failures from currency trading losses in the not too distant future....2-8 months.

Save your pennies, there's a shortage. If you want to know why send email to [e-mail].

g!





Penny King Holdings Corporation, a Delaware Investment Holding Company.