Here it is
Ch-ch-ch-ch-changes"
Being a pretty new service, it is not hard to imagine that as I feel my way around, changes would accompany growth. I am pleased to state that my subscriber list has grown tremendously since I first launched my pre-promotion alert service, and based on isuggestions from you, legal counsel and regulators, I will make some changes to the service, many of which will be effective immediately.
First of all, I have been strongly advised to stop reporting to you the number of shares I own in any one stock beyond my initial alert. The reason for this is that there are times that I day trade certain positions as well as add to and subtract from them. It has become an accounting nightmare to ensure that I report the correct number of shares owned amongst my several brokerage accounts, as well as keep up with the calculation of my average purchase price, which admittedly has not always been an accurate reflection on those stocks that I have traded in and out of.
In short, beginning with today's Round-Up, I will only report the stocks I in which I maintain positions. I will no longer report how many shares I own or the average price I paid for them.
I have never made it a secret that I own the stocks that I alert and that I will divest myself of these stocks at some point. All you have to do is read my disclosure. I trade for a profit and hopefully so do you. I continue to be unencumbered by the same masters who pay promoters for their misleading "picks". Paid promoters do not make "picks" or "scour the market for the next 10 bagger". They are paid to say what they say and they don't believe a word of what they are saying. They also don't put their money where their mouths are, by actually buying stock out of the market.
I on the other hand, actually do "pick" stocks that I believe are ripe for promotion. My accuracy rate at picking pre-promotions in the last 30 days has been phenomenal. However I will remind you that a promotion does not guarantee an increase in share price and you will see that reminder in every one of my emails. What we are trying to accomplish through a pre-promotion pick, is advance entry into a hopefully successful promotion. If the promotion does not work out for reasons, such as careless dilution by the insiders without regard for the public, then I can't help that. This would have happened whether or not I had alerted it in advance because that was always the intent of the insiders. Many of you would who follow the paid promoters would have bought into the stock on their "pick" anyway. The difference between me and the paid promoters and those insiders, is that I feel terrible when the promotion doesn't work out and I brood over it for quite some time. The paid promoters don't care because they got paid and did the job they were paid to do. The insiders don't care because they got rid of their stock, which is what they intended to accomplish.
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In addition to pre-promotion alerts, I have been issuing the occasional Rumor Mill Alert and Speculative Alert which have been favorably received by my subscribers. In fact, I have received many requests for more of these types of alerts. I will be adding these to my regular repertoire and hopefully we can all benefit from them.
I will also start issuing the occasional Investment Alert, when I come across a stock that I believe is cheap and worth a long term hold on its potential. I realized that this could be interesting to those subscribers who are not just looking for microcap stocks that can be flipped. While most penny stocks are doomed to be manipulation schemes, there are many pennies that have actually become major corporations and made millions of dollars for the early investor. KERX is one of those issues that was trading for pennies just four years ago and has since traded as high as $7.00 on the basis that it is a very real cancer drug developer. CNQR and MYL are other examples of former penny stocks that are now significant entities. There are many, many examples of these. Now granted, sometimes, these stocks require the patience of Job, but if you had known that in 2001, you could have bought CNQR at 30 cents and now own a $47 stock, I'm guessing you would have taken the plunge. Of course, this is also an extreme example.
With this in mind, I recently changed my position on INHC from Pre-promotion to Investment worthy based on the recently realized history the company has with the U.S. Army. This link lists the contracts that INHC has had with the army over the years and I think it is quite clear that this company is a real deal. I now believe that long term accumulation of this stock is warranted, and I will be issuing a new Investment Alert on INHC in the coming days.
Similarly, I have changed my position on TGTX and now believe that it is worthy of an investment, as the people behind the company actually have a history of putting together real pharmaceutical companies like KERX. For this reason, I will soon be issuing a new Investment Alert on TGTX.
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There will also be changes to my splash page at www.firstmicrocapreport.com in the coming days. These changes will reflect the additions I have talked about here and I will be taking the focus off of me by removing my name and picture. I am doing this because there has been a ridiculous amount of time focused on me by some idiots, rather than the business at hand. Also, it is quite possible that I will start accepting contributions from other legitimate penny stock analysts and may one day accept one of the many partnering offers I have received. I will, however, continue to sign my name or initials to everything I write.
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As a result of the changes, I am suspending the launch of the Inner Circle. I am not sure when, but I will be launching it soon and will provide appropriate advance notice. In the meantime, enjoy the continued free alerts.
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At 9:40am Monday morning I will be issuing my next pre-promotion alert. This stock trades at just over a penny, and has been steadily increasing in volume and share price in the last week. The stock just started trading last December and has traded as high as 14 cents before its dive. Since then the stock has shown a propensity for spikes its share price.
~LH
Going into Monday, I hold positions in:
HPSC | BFHJ | PPBL | PSPF | LUXR | PNAM
OVIT | TWDL | CURX | HEMP | GEAR | INHC
FORC | TGTX | DEAC | BISU | SMNG | WLOL
AI
