Homerun Stock Alert
Dear Homerun Stock Alert Investor,
Homerun Stock Alert update for Tuesday, September 21, 2004. Good morning to all!
Though the overall market is firming up and the micro-caps are getting even stronger, we still see areas to adapt the portfolio. Obviously, we had a loss but were still able to get out on Acupoll (ACUP). I’m not sure what’s going on, but the lack of news, and whatever news is out there, seems like there is some monkey business going on in the company, we can’t swear to it, but we’re avoiding the risk wherever we can.
In this volatile market we definitely want to crank in our “cow milking” strategies and we’ll be doing that with Xten Network (XNWK). Voice Over Internet Protocol is a great business and Xten (XNWK) is in a strong position. However, the very rapid run up in their shares recently tells us we need to take some of the risk off the table, hold some of the stock for the future and buy back in after any correction. We’re currently showing a 60% gain in just two and a half months, not bad! Sell half your position of Xten (XNWK), it’s trading at $2.81, Sell at $2.75 or above. If it drops below $2.75 let’s hold it for the next bounce
Our recent coaxing to get news releases out on Homerun stocks seems to be working. Interesting releases coming out on TriMedia (TMEG) and Touchstone (TSNU) yesterday, as well as a new release on Sinovac (SNVBF) today.
We want to be ready for the overall market rally and the strength we see coming into the micro-caps and small caps, so we’ll be adding some new recommendations over the next few weeks. We have enough changes for today. We’ll be updating you Thursday, September 23, 2004.
This is Dick Schmidt of the Homerun Stock Alert.
Small stocks with big potential!
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