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Re: Stevenvegas post# 12313

Tuesday, 06/03/2008 9:02:18 PM

Tuesday, June 03, 2008 9:02:18 PM

Post# of 30643
FYI:From Bloomfield tonight,
We finally got an explanation as to why Mr.GPump picked AROX and FRGY for his contest entries for June. We thought with his consistently performing picks that maybe he had some "super scanner" or possibly even a "tradebot". What a disappointment to learn that it is just plain old research and common sense.


Here is what he sent us.

Bloomfield, I appreciate the fact that you have such confidence in me, but now you have put me too the test and I already feel the pressure.

I picked FRGY for several reasons, the main one being that it is so beat up that it almost has nowhere to go but up. I have been playing the weekly channel on FRGY for several weeks, so I was very familiar with it's trading patterns. With the dumpage that took place last week I started looking a little deeper into the cause, because if it is over then a good bounce should be in order. From what I can tell there were some shares that have been converted to pay some debt and someone obviously paid some promotional team some shares and I am sure that those scoundrels added to the carnage. I also picked FRGY as a filler with a good chance to see 50% to 100% by the end of the month, especially if they actually complete that lease acquisition. At worst case it will be like my last month's FTMM pick...it won't lose too awful much from here.

AROX is a different story. I keep a pretty close eye on the filings and an ear to the ground for potential runners that have reverse merged, IPO'd, or changed name/ticker. AROX recently changed their name and initiated a 2/1 R/S and both of those facts hint of upcoming movement. I have called the company several times and in speaking with the CEO I could tell that he was excited about upcoming news even though he wouldn't peep much game about it. I also checked the filings and all consultants are paid in cash and/or restricted shares...that is a beautiful thing. I talked to the TA and according to Jennifer there are about 61 million shares O/S and of that 40 million are restricted. That leaves a free trading float of about 21 million and Mr. Davies says that about 30% of that is owned by affiliates and/or directors, they have to file to sell and there are no filings. All in all I think that AROX is a brand new play that has the potential to be trading in the .80 to 1.00 range by the end of the month. You have to remember that you can take what I think and add $3.65 to it and you can buy a grande latte at Starbucks! Don't follow me I am lost!!

There you have it. Mr.GPump likes AROX and FRGY for June. If you play it and lose send him the hate mail and threats. Just kidding, we just wanted to get some trading ideas from a guy that has made some pretty good and sustainable picks in the past!!

Be sure and enter the contest this month so that we can put you out on "front street" next month when you win. You can't win if you don't play!!

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