Vical Incorporated
(NasdaqGM: VICL ) Real Time 3.83 
0.14 (3.79%) 12:58PM EDT
0.14 (3.79%) 12:58PM EDT Tuesday, June 14, 2011
Friday, June 10, 2011
Dow falls below 12k; stocks head for 6th down week
, On Friday June 10, 2011, 11:52 am
The Dow Jones industrial average is trading below 12,000 for the first time since March and the Nasdaq composite index has given up all of this year's gains. Traders fear that the global economic recovery is losing steam.
The market is on track for its sixth straight weekly loss, the longest weekly losing streak since the fall of 2002. Stocks have suffered this month after weak economic news dampened hopes for a speedy recovery. Traders fear that slower economic growth will halt the bull market in stocks.
Shortly before noon Friday, the Dow is down 152 points, or 1.3 percent, at 11,972. The Standard & Poor's 500 index is down 17, or 1.3 percent, at 1,272. The Nasdaq is down 36, or 1.4 percent, at 2,649.
P.S. It all made perfect sense when I watched Inside Job, you should too. You can't be ignorant with all the things happening in the financial market. Better aware than sorry people.
Thursday, May 5, 2011
"HOT"
Due your DD!
JAMN.OB
Jammin Java Corp
Jammin Java Corp., a development stage company, focuses on providing premium roasted coffee on a wholesale level to the service, hospitality, office coffee service, and big box store market in the United States. It intends to produce coffee on the leased farmland in the Blue Mountain region of Jamaica. The company was formerly known as Marley Coffee Inc. and changed its name to Jammin Java Corp. in July 2009. Jammin Java Corp. was founded in 2004 and is based in Beverly Hills, California.
Market Cap: 206.96M
Float: 22.08M
Float: 22.08M
Shares Outstanding: 68.99M
Special report for this stock is available here.
Tuesday, April 26, 2011
HEADLINE: Stocks rise on strong results from Ford, 3M
, On Tuesday April 26, 2011, 10:11 am
NEW YORK (AP) -- Stronger earnings reports from Ford and 3M helped nudge stocks higher in early trading Tuesday.
Ford Motor Co. rose 3 percent after the carmaker reported its best first quarter earnings since 1998. Ford beat Wall Street's earnings estimates with stronger sales of new vehicles.
3M Co. rose 1.7 percent. The maker of Post-Its and Scotch Tape said quarterly profit jumped 16 percent from a year ago, beating analysts' estimates. 3M raised its full-year earnings expectations despite taking a hit from the earthquake in Japan.
Delta Air Lines Inc. said rising fuel prices played a large role in pushing its quarterly loss to 38 cents a share. That's a larger loss than a year ago, but analysts expected worse. Delta jumped 5.8 percent.
The Dow Jones industrial average rose 40 points, or 0.3 percent, to 12,520. The Standard & Poor's 500 index rose 4 points, or 0.3 percent, to 1,339. The Nasdaq composite rose 6 points, or 0.2 percent, to 2,831.
United Parcel Service Inc. also raised its earnings estimate for the year after its quarterly results jumped 66 percent, beating analysts' estimates. UPS rose 1.4 percent.
Coca-Cola Co.'s stock fell 2.7 percent, after its results fell a penny short of Wall Street's expectations. First quarter net income rose 18 percent as sales overseas gained strength.
Meanwhile, the Conference Board said its Consumer Confidence Index rose to 65.4 in April from a revised 63.8 in March. Economists expected a smaller rise to 64.8, according to FactSet.
The Federal Reserve begins a two-day meeting on Tuesday. Economists expect the Fed will leave short-term interest rates unchanged and end its $600 billion bond-buying program in June as scheduled. The bond-buying effort has been credited with lifting financial markets since Fed Chairman Ben Bernanke hinted at it last August.
Weak earnings reports dragged the Dow and S&P 500 lower on Monday.
Monday, April 18, 2011
BREAKING NEWS!!!
BCHC Announces Strategic Turn Around and Major Stake Buyout of VuQo Inc.
Press Release Source: BoNa Coffee Holdings Corp. On Monday April 18, 2011, 11:30 am EDT
Press Release Source: BoNa Coffee Holdings Corp. On Monday April 18, 2011, 11:30 am EDT
NEW YORK, NY--(Marketwire - 04/18/11) - VuQo Inc., creators of the world's first coconut-distilled premium vodka, today announced that BoNa Coffee Holdings Corporation (Pinksheets:BCHC - News) has acquired a majority stake in their company, shifting BCHC's focus to the alcoholic beverage industry. Bona Coffee Holdings Corp. has voted to spin off the other parts of the company including, BoNa Coffee Company, Ayurveda Day surgery and Spa, and Bohemian Nation.
CEO Candace Schmidt and current board members will step down and be replaced by current VuQo Inc. CEO and Founder, Rich Cabael, along with his current management team.
"The time is right to accelerate the company's renewal to drive BCHC to the next level of growth. It is important to me to give shareholder value, and I will do whatever it takes to make VuQo a successful brand name that is known all over the world in an industry that did $44 billion dollars last year in the United States alone," said Rich Cabael, incoming CEO of BCHC.
About VuQo Inc. (www.vuqo.com)
VuQo Inc. is the creator of VuQo Premium Vodka, the only vodka in the world distilled from coconut nectar. VuQo is 40% alcohol by volume, continuously distilled and filtered multiple times, and is packaged in an elegantly designed, 750ml bottle. Currently, VuQo is distributed in the United States in California, Texas, and Georgia, as well as Guam and the Philippines.
VuQo also owns the brand Haliya Light Fruit Wines, which are wines handcrafted in small batches using fruits that thrive in the Philippines. Haliya is available in two variants: Mango Wine which is 13% alcohol-by-volume; and Black Plum Wine which is 12%. Both are packaged in traditional wine bottles with award-winning label designs. Haliya is currently distributed in the Philippines, Guam, and the United States.
Wednesday, March 16, 2011
Tsunami of Inflation to Hit U.S. with Japan Crisis
The earthquake, tsunami, and nuclear disaster that hit Japan this past week and the destruction that it caused is nothing compared to the tsunami of inflation that will soon hit the U.S. as a result of this crisis. A tsunami of inflation in the U.S. will mean a complete collapse of our monetary system, which could lead to millions of deaths due to a lack of food and heat. 44 million Americans are now dependent on food stamps, but when the U.S. dollar becomes worthless as a result of hyperinflation, the government will no longer have the power to support these Americans and many of them will simply starve to death.
Japan's citizens were smart enough to save up $885.9 billion in U.S. treasuries to spend in a situation like it finds itself in today. The U.S. has no such savings and is the world's largest debtor nation. Our ability to survive depends on our ability to print money that has purchasing power. The only reason the U.S. dollar still has purchasing power is the dollar's status as the world's reserve currency.
All Japan has to do is sell their U.S. treasuries and they will have the financial resources necessary to rebuild the parts of their country that were destroyed by this past week's disaster. However, U.S. Treasury Secretary Timothy Geithner said on Tuesday that he doesn't think Japan will unload their $885.9 billion in U.S. treasuries. It remains to be seen if Japan will do the right thing and sell their U.S. treasuries or if they will make the mistake of continuing to artificially prop up the U.S. economy.
The Central Bank of Japan (BOJ) in recent days has already been repeating many of the same mistakes the Federal Reserve made in the U.S. After this past week's disaster, the BOJ printed hundreds of billions of dollars worth of yen in an attempt to prop up their financial markets. Japan's central bank should be raising interest rates, which would encourage its citizens to increase their savings so that they have more resources to rebuild their country and invest into the production of clean energy. By printing trillions of yen out of thin air, the BOJ will cause prices to rise for the very building materials the Japanese need to purchase in order to rebuild.
Although the yen has been rising in recent days, it would be strengthening a lot more if it wasn't for the BOJ's actions. In fact, NIA believes that while the yen may continue to rise in the short-term, the yen is now likely to lose a substantial amount of its purchasing power over the long-term. Instead of allowing the yen to strengthen so that it is cheaper for the Japanese in import copper, iron, steel, oil, natural gas, and other commodities needed to rebuild, the BOJ's actions are actually hurting the Japanese and having the effect of propping up the U.S. economy in the short-term.
The mainstream media frequently talks about Japan's national debt and how it is 225% of their GDP. However, Japan owes most of their national debt to themselves. We have a much worse national debt crisis here in the U.S., where we owe half of our debt to foreigners. Not only that, but once you include America's unfunded liabilities for Social Security, Medicare, and Medicaid, along with its debts for Fannie Mae and Freddie Mac (which are now government backed entities), total U.S. debt obligations now exceed $76 trillion.
The Japanese economy reached peak consumer spending in 1990 and entered their "Lost Decade" of deflation with a balanced budget, high savings rate of 15%, low unemployment rate of 2%, and a net debt to GDP ratio of less than 20%. The average American peaks in spending at age 46 and the last babyboomer just turned 46 in 2010. This means the U.S. economy just passed peak consumer spending, similar to Japan in 1990. Instead of entering this decade from a position of strength, the U.S. has entered it with a real budget deficit of $4.3 trillion, a savings rate of only 4%, a real unemployment rate of 22%, and total debt obligations that are 5 times higher than GDP. We won't be so lucky to escape this decade with deflation, but will instead be faced with hyperinflation as the world loses confidence in the U.S. dollar and rushes to dump their dollar-denominated assets.
When Japan comes to their senses and realizes just how dire the fiscal situation is in the U.S., they will realize that they are much better off investing into their own economy and abandoning the U.S. economy. Just the fact that Geithner is now saying that he doesn't expect Japan to dump their U.S. treasuries, illustrates just how nervous the U.S. government is about the U.S. dollar and how devastating it would be for all Americans if the Japanese did dump their treasuries. No amount of tax increases and spending decreases will ever allow the U.S. to balance its budget. All the U.S. government can do is talk up a strong U.S. dollar, because they have absolutely no real way to keep it propped up.
All NIA members know that Geithner is perhaps the biggest liar in the U.S. government today. Geithner has long said that the U.S. will not monetize its debt, yet the Federal Reserve is now the buyer of 70% of U.S. treasuries being sold. Foreign central bank purchases of U.S. treasuries have fallen from 50% down to 30%. The days of the U.S. exporting its inflation to the rest of the world are now over.
The U.S. just reported a record budget deficit last month of $222.5 billion, a bigger deficit than the entire year of 2007. Up until today, the U.S. has been paying off its debts plus interest by selling larger amounts of U.S. treasuries to new buyers. This is effectively a ponzi scheme, although the U.S. government will never admit it. Even if Japan doesn't sell the U.S. treasuries they already own, that won't be enough for the U.S. to keep this ponzi scheme going. The U.S. needs Japan to keep buying U.S. treasuries, but not only that, they need Japan to buy larger amounts of U.S. treasuries than ever before. The odds of Japan increasing their U.S. treasury purchases during this time of crisis are close to zero, they simply don't have the financial means to do so.
If Japan doesn't step up its U.S. treasury purchases, who will pick up the slack, China? Geithner infuriated China last year by calling them currency manipulators and since then, China has been rapidly expanding the yuan's use in cross border transactions and is now setting up the yuan to be the world's next reserve currency. NIA believes China is likely to stop buying U.S. treasuries, and will instead loan money to Japan to help in their rebuilding efforts.
It is unbelievable just how many of the economists featured by the mainstream media are calling the disaster in Japan a "stimulus" for not only the Japanese economy, but also the U.S. economy. When a country is forced to rebuild an asset that it already had, it is not stimulating the economy, but is spending resources that could have went towards increasing the production of goods and services. When Japan is eventually finished rebuilding the parts of the country that were devastated this past week, the country isn't going to be better off than they were before the crisis. They will likely be even more deeply in debt, with less foreign currency reserves, and a much larger money supply. The Nikkei will likely be a lot higher than it is today due to inflation, but the yen will be worth a lot less and the Japanese will be far less wealthy as a result.
America has nothing to benefit from Japan's rebuilding efforts. Most of the commodities that Japan will import as part of their rebuilding efforts will likely come from Australia, China, and even Canada, with very little of it coming from the U.S. All of the fear and uncertainty in the world today is not going to cause another rush into the U.S. dollar like there was in 2008. When the world dumps risky assets in uncertain situations, the U.S. dollar is going to become one of the risky assets that it dumps. With all of the world's central banks now fixated on printing money in order to "solve" any short-term economic problems, gold and silver will be the new beneficiaries of all safe haven buying during times of crisis. Don't let yesterday's dip in gold and silver fool you. Precious metals were due for a dip and would have sold off no matter what. Now is the time to load up with precious metals before the Federal Reserve begins dropping hints of QE3.
Monday, March 14, 2011
Thursday, March 10, 2011
Featured Stock Today: SGRP
SGRP (Spar Group Inc.)
I'll wait for this one. My research will be posted soon.
Wednesday, March 9, 2011
Breaking News: Gaddafi threatens armed resistance against no-fly zone
Imposition of no-fly zone zone in Libyan airspace 'would prove west was trying to steal its oil'
Colonel Muammar Gaddafi has warned that the imposition of a no-fly zone in Libyan airspace will be met with armed resistance and taken as proof that western powers are trying to steal his country's oil.
His defiant remarks came as pro-Gaddafi forces continued their assault on the city of Zawiyah and the country's rebel leadership pleaded for the international community to close down Libyan airspace.
Britain and the US have discussed the creation of an internationally backed no-fly zone as a contingency plan in case Gaddafi refuses to step down in response to the popular uprising that erupted last month.
In an interview broadcast on Wednesday by Turkey's state-run TRT news channel, Gaddafi said: "If they take such a decision it will be useful for Libya, because the Libyan people will see the truth, that what they want is to take control of Libya and to steal their oil.
"They want to take your petrol," he said. "This is what America, this is what the French, those colonialists, want." But he warned: "The Libyan people will take up arms against them."
Barack Obama and David Cameron have agreed "to press forward with planning, including at Nato, on the full spectrum of possible responses, including surveillance, humanitarian assistance, enforcement of the arms embargo, and a no-fly zone".
The US secretary of state, Hillary Clinton, has made it clear that Washington believes any decision to impose a no-fly zone is a matter for the UN and should not be a US-led initiative.
Opponents of Gaddafi on the front line between the rebel-controlled east and the regime's forces in the west have become increasingly frustrated at the international community's failure to act. Rebels constantly fire machine guns into the air to try to fend off attacking warplanes.
"They had a no-fly zone in Iraq," a rebel volunteer, Naji Saleh, told Reuters near the oil town of Ras Lanuf. "Why is Gaddafi their darling and Saddam Hussein was not?".
The rebel leadership in the eastern city of Benghazi said their representatives were in touch with foreign capitals about the imposition of a no-fly zone.
"We are concentrating our diplomatic efforts and working hard. But as always, they [foreign powers] are reluctant. One day we think they will take action soon," said Iman Bugaigis, a spokesman for the rebel February 17 coalition.
An opposition group fighting Gaddafi's regime has called for a no-fly zone over Libya even without the UN's blessing, but has ruled out the presence of foreign troops on Libyan soil.
Speaking at the European parliament, an official with the umbrella group for eastern rebels said that if it came to a choice between preventing people being slaughtered or accepting political disagreement within the UN security council, the decision was easy.
Mahmoud Jebril said the only condition would be to enforce the zone from outside Libya.
EU parliament groups meeting in Strasbourg are preparing to call on member states to recognise Jebril's newly created interim governing council in Benghazi.
Gaddafi has also accused the UN security council of bypassing its own processes to act against Libya and repeated his claims that the revolt had been inspired by foreign al-Qaida militants who have freed prisoners and paid young men to fight for them.
He has accused western governments and media of falling for al-Qaida propaganda that blamed government forces for unleashing violence on the Libyan people.
In an interview with France's LCI television, Gaddafi said: "I'd have to be mad to shoot at peaceful demonstrators. I'd never have done that. I'd never have allowed anyone to be shot."
He also warned the international community that the collapse of Libya would bring an end to security in the region, telling TRT: "The world will change its attitude towards Libya because Libyan stability means the security of the Mediterranean sea.
"It will be a huge disaster if al-Qaida takes over Libya. Al-Qaida would flood Europe with immigrants. We are the ones who prevent al-Qaida from taking over control. They would drag the whole region into chaos … Al-Qaida would take over north Africa."
Meanwhile, Libyan forces loyal to Gaddafi have closed in on rebels in the western city of Zawiyah, surrounding them with tanks and snipers in the main square, according to a resident and a rebel fighter.
"We can see the tanks. The tanks are everywhere," Ibrahim told Reuters by phone from inside Zawiyah, the closest rebel city to the capital, Tripoli.
A resident added: "They have surrounded the square with snipers and tanks. The situation is not so good. It's very scary. There are a lot of snipers."
Ibrahim said forces loyal to Gaddafi were in control of the main road and the suburbs. Although rebel forces still controlled the square, pro-Gaddafi fighters were about 1,500 metres away.
Ibrahim said army snipers were on top of most of the buildings, shooting at anyone who dared to venture from their homes.
"There are many dead people and they can't even bury them," he said. "Zawiyah is deserted. There's nobody on the streets. No animals, not even birds in the sky."
A government spokesman said that while troops were mostly in control of Zawiyah, there was still a small pocket of 30-40 "desperate" resistance fighters.
Foreign reporters have been prevented from entering Zawiyah, 30 miles west of Tripoli, and other cities near the capital without an official escort.
Human rights activists estimate more than 1,000 people have been killed since the uprising began in mid-February.
His defiant remarks came as pro-Gaddafi forces continued their assault on the city of Zawiyah and the country's rebel leadership pleaded for the international community to close down Libyan airspace.
Britain and the US have discussed the creation of an internationally backed no-fly zone as a contingency plan in case Gaddafi refuses to step down in response to the popular uprising that erupted last month.
In an interview broadcast on Wednesday by Turkey's state-run TRT news channel, Gaddafi said: "If they take such a decision it will be useful for Libya, because the Libyan people will see the truth, that what they want is to take control of Libya and to steal their oil.
"They want to take your petrol," he said. "This is what America, this is what the French, those colonialists, want." But he warned: "The Libyan people will take up arms against them."
Barack Obama and David Cameron have agreed "to press forward with planning, including at Nato, on the full spectrum of possible responses, including surveillance, humanitarian assistance, enforcement of the arms embargo, and a no-fly zone".
The US secretary of state, Hillary Clinton, has made it clear that Washington believes any decision to impose a no-fly zone is a matter for the UN and should not be a US-led initiative.
Opponents of Gaddafi on the front line between the rebel-controlled east and the regime's forces in the west have become increasingly frustrated at the international community's failure to act. Rebels constantly fire machine guns into the air to try to fend off attacking warplanes.
"They had a no-fly zone in Iraq," a rebel volunteer, Naji Saleh, told Reuters near the oil town of Ras Lanuf. "Why is Gaddafi their darling and Saddam Hussein was not?".
The rebel leadership in the eastern city of Benghazi said their representatives were in touch with foreign capitals about the imposition of a no-fly zone.
"We are concentrating our diplomatic efforts and working hard. But as always, they [foreign powers] are reluctant. One day we think they will take action soon," said Iman Bugaigis, a spokesman for the rebel February 17 coalition.
An opposition group fighting Gaddafi's regime has called for a no-fly zone over Libya even without the UN's blessing, but has ruled out the presence of foreign troops on Libyan soil.
Speaking at the European parliament, an official with the umbrella group for eastern rebels said that if it came to a choice between preventing people being slaughtered or accepting political disagreement within the UN security council, the decision was easy.
Mahmoud Jebril said the only condition would be to enforce the zone from outside Libya.
EU parliament groups meeting in Strasbourg are preparing to call on member states to recognise Jebril's newly created interim governing council in Benghazi.
Gaddafi has also accused the UN security council of bypassing its own processes to act against Libya and repeated his claims that the revolt had been inspired by foreign al-Qaida militants who have freed prisoners and paid young men to fight for them.
He has accused western governments and media of falling for al-Qaida propaganda that blamed government forces for unleashing violence on the Libyan people.
In an interview with France's LCI television, Gaddafi said: "I'd have to be mad to shoot at peaceful demonstrators. I'd never have done that. I'd never have allowed anyone to be shot."
He also warned the international community that the collapse of Libya would bring an end to security in the region, telling TRT: "The world will change its attitude towards Libya because Libyan stability means the security of the Mediterranean sea.
"It will be a huge disaster if al-Qaida takes over Libya. Al-Qaida would flood Europe with immigrants. We are the ones who prevent al-Qaida from taking over control. They would drag the whole region into chaos … Al-Qaida would take over north Africa."
Meanwhile, Libyan forces loyal to Gaddafi have closed in on rebels in the western city of Zawiyah, surrounding them with tanks and snipers in the main square, according to a resident and a rebel fighter.
"We can see the tanks. The tanks are everywhere," Ibrahim told Reuters by phone from inside Zawiyah, the closest rebel city to the capital, Tripoli.
A resident added: "They have surrounded the square with snipers and tanks. The situation is not so good. It's very scary. There are a lot of snipers."
Ibrahim said forces loyal to Gaddafi were in control of the main road and the suburbs. Although rebel forces still controlled the square, pro-Gaddafi fighters were about 1,500 metres away.
Ibrahim said army snipers were on top of most of the buildings, shooting at anyone who dared to venture from their homes.
"There are many dead people and they can't even bury them," he said. "Zawiyah is deserted. There's nobody on the streets. No animals, not even birds in the sky."
A government spokesman said that while troops were mostly in control of Zawiyah, there was still a small pocket of 30-40 "desperate" resistance fighters.
Foreign reporters have been prevented from entering Zawiyah, 30 miles west of Tripoli, and other cities near the capital without an official escort.
Human rights activists estimate more than 1,000 people have been killed since the uprising began in mid-February.
Sunday, March 6, 2011
Run For Life
Just a little something to write about on a Sunday where market is not open. Yes, I try my best to live a healthy lifestyle, don't we all?
This is the first time I participated in a 5-kilometer run in the city. I have been a member of Lifeline Foundation Support Team and because they hosted such event, I didn't hesitate to join. It was an achievement to finish it and I certainly want more of it. Happy Sunday!
Saturday, March 5, 2011
The Perfect Cup for Me
There is nothing better than to wake up and smell your favorite cup of coffee in the morning. You know why I like BoNa Coffee? Because they make it just the way you want it.
You'll get a taste of it soon!
Friday, March 4, 2011
Bioneutral Group Inc (BONU)
0.7800 +0.0100 (+1.30%) Friday, Mar 4th, 2011 3:14P ESTDetailed Opinion 
Show Signal Strength and Direction | Composite Indicators | |||||||||||
  TrendSpotter | Buy | ||||||||||
| Short Term Indicators | |||||||||||
| 7 Day Average Directional Indicator | Buy | ||||||||||
| 10 - 8 Day Moving Average Hilo Channel | Buy | ||||||||||
| 20 Day Moving Average vs Price | Buy | ||||||||||
| 20 - 50 Day MACD Oscillator | Buy | ||||||||||
| 20 Day Bollinger Bands | Buy | ||||||||||
| Short Term Indicators Average: 100% Buy | |||||||||||
| 20-Day Average Volume - 285,887 | |||||||||||
| Medium Term Indicators | |||||||||||
| 40 Day Commodity Channel Index | Buy | ||||||||||
| 50 Day Moving Average vs Price | Buy | ||||||||||
| 20 - 100 Day MACD Oscillator | Buy | ||||||||||
| 50 Day Parabolic Time/Price | Buy | ||||||||||
| Medium Term Indicators Average: 100% Buy | |||||||||||
| 50-Day Average Volume - 157,015 | |||||||||||
| Long Term Indicators | |||||||||||
| 60 Day Commodity Channel Index | Buy | ||||||||||
| 100 Day Moving Average vs Price | Buy | ||||||||||
| 50 - 100 Day MACD Oscillator | Sell | ||||||||||
| Long Term Indicators Average: 33% Buy | |||||||||||
| 100-Day Average Volume - 106,482 | |||||||||||
| Overall Average: 88% Buy | |||||||||||
| |||||||||||
This is exactly why I love trading Pennies!
PENNY STOCK MENTALITY
By :Kirk Lindstrom and Allan Gust
http://www.suite101.com
Allan taught me much about penny stock investing over the many years I knew him before his early death in 2003.
I've felt his advice was so helpful that I wanted to immortalize his words in an article.
Kirk, in hind sight, every price that excited me where I held out for more was a wasted selling opportunity. If you are excited, it's toppy!
Penny stock Mentality So what type of investor trawls penny stocks?
* He's willing to buy a 9¢ stock that's 9¢ because nobody else wants it.
* He's willing to wake up in the morning and find his 9¢ stock now 4¢, or his 50¢ stock now 28¢ and still enjoy his breakfast profusely, because he knows he's picked a winner.
* He's willing to average down from 50¢ to 9¢ and will buy heavily at 9¢ so the great majority of his stock is purchased at the cheaper level. Hey, he believes in the stock. Of course, the stock slips from 9¢ to 6¢ but that is of little consequence--he knows he's gotten in near the bottom and nobody hits the exact bottom anyway.
* He loves his penny stock, but when he has a double, he sells half no matter what. And he's invariably happy in the end by his tactic.
* He finds while doing his DD (due diligence) that one of his tech stocks he just bought a load of is spending more money on plane fares seeking capital from Europe, than it is developing its product, so he dumps it all immediately even though it just dropped 25%. And he figures he's ahead of the ballgame. The stock has a 5 for one reverse split and he celebrates the fact that he sold his remaining little stake at a 75% loss instead of the 95% loss that would happen just a week later.
* He gets bored with his penny stocks and ignores them for a few weeks and looks at his statement one day and finds a 70¢ stock of his that had lost half its value over a period of 3 years now is over $4 a share and his hand is shaking as he calls his broker to sell. The same stock is $12 a share a few months later. Then $1 a share a couple of years later.
* He buys a 2¢ stock because he knows that the shell alone of any penny stock is worth 2¢ a share for companies trying to avoid the hassle of starting a corporation from scratch. His 2¢ stock goes into a 100 to 1 reverse split.
* Surprisingly, his portfolio rises slowly over time and penny stocks are still better that no stocks at all.
Hey people--I am not a sexist here. I use the pronoun "he" only, because I'm speaking for myself here and anyway, I just know that the girls are too smart to invest like me. Allan Gust Penny Stock Definition Investorwords.com defines penny stock as: A stock which sells for less than one dollar per share (or in some cases, less than five dollars per share). Most penny stocks have only a few million dollars in net tangible assets and have a short operating history. Penny stocks are almost always small cap stocks, but the reverse isn't necessarily true.
Penny Stock Warning Penny Stocks are cheap for a good reason. Most financial advisors advise against buying penny stocks because most people lose money, the commissions are huge and they are subject to price manipulation due to the small float. Thus, I tell people to consider buying penny stocks as gambling. NEVER buy more than you can afford to lose and consider the purchase as a trip to Las Vegas where you have a budget on what you can afford to lose at the gaming tables, including air fair and lodging.
By :Kirk Lindstrom and Allan Gust
http://www.suite101.com
Allan taught me much about penny stock investing over the many years I knew him before his early death in 2003.
I've felt his advice was so helpful that I wanted to immortalize his words in an article.
Kirk, in hind sight, every price that excited me where I held out for more was a wasted selling opportunity. If you are excited, it's toppy!
Penny stock Mentality So what type of investor trawls penny stocks?
* He's willing to buy a 9¢ stock that's 9¢ because nobody else wants it.
* He's willing to wake up in the morning and find his 9¢ stock now 4¢, or his 50¢ stock now 28¢ and still enjoy his breakfast profusely, because he knows he's picked a winner.
* He's willing to average down from 50¢ to 9¢ and will buy heavily at 9¢ so the great majority of his stock is purchased at the cheaper level. Hey, he believes in the stock. Of course, the stock slips from 9¢ to 6¢ but that is of little consequence--he knows he's gotten in near the bottom and nobody hits the exact bottom anyway.
* He loves his penny stock, but when he has a double, he sells half no matter what. And he's invariably happy in the end by his tactic.
* He finds while doing his DD (due diligence) that one of his tech stocks he just bought a load of is spending more money on plane fares seeking capital from Europe, than it is developing its product, so he dumps it all immediately even though it just dropped 25%. And he figures he's ahead of the ballgame. The stock has a 5 for one reverse split and he celebrates the fact that he sold his remaining little stake at a 75% loss instead of the 95% loss that would happen just a week later.
* He gets bored with his penny stocks and ignores them for a few weeks and looks at his statement one day and finds a 70¢ stock of his that had lost half its value over a period of 3 years now is over $4 a share and his hand is shaking as he calls his broker to sell. The same stock is $12 a share a few months later. Then $1 a share a couple of years later.
* He buys a 2¢ stock because he knows that the shell alone of any penny stock is worth 2¢ a share for companies trying to avoid the hassle of starting a corporation from scratch. His 2¢ stock goes into a 100 to 1 reverse split.
* Surprisingly, his portfolio rises slowly over time and penny stocks are still better that no stocks at all.
Hey people--I am not a sexist here. I use the pronoun "he" only, because I'm speaking for myself here and anyway, I just know that the girls are too smart to invest like me. Allan Gust Penny Stock Definition Investorwords.com defines penny stock as: A stock which sells for less than one dollar per share (or in some cases, less than five dollars per share). Most penny stocks have only a few million dollars in net tangible assets and have a short operating history. Penny stocks are almost always small cap stocks, but the reverse isn't necessarily true.
Penny Stock Warning Penny Stocks are cheap for a good reason. Most financial advisors advise against buying penny stocks because most people lose money, the commissions are huge and they are subject to price manipulation due to the small float. Thus, I tell people to consider buying penny stocks as gambling. NEVER buy more than you can afford to lose and consider the purchase as a trip to Las Vegas where you have a budget on what you can afford to lose at the gaming tables, including air fair and lodging.
Thursday, March 3, 2011
Added to My List!
TWMC (Trans World Entertainment Group)
USAT (USA Technologies, Inc.)
SGRP (Spar Group Inc.)
CRYP (Cryptologic Limited)
BONU (Bioneutral Group Inc.)
Virtual Stock Game
For those of you curious about how online trading works or unsure if you want to jump in or not, there is a virtual stock game I can recommend that would let you get a feel of what it's like to build your portfolio. Virtual Stock Exchange is an online simulation trading game from marketwatch where you manage your own portfolios, create your own game and compete against your friends or other players without risking your money. You are also allowed to choose what "fake" amount you can handle whether you are a novice or a seasoned trader. This is a very effective vehicle to enhance investing skills.
Here are some snapshots:
Login / Homepage
Make a Trade
Sample Portfolio
It's simple and easy to use. All you need is to sign up and you're ready to start investing. Happy Trading!
QTM: Going Back up?
QTM (Quantum Corporation)
2.60 0.15 (6.12%)
0.15 (6.12%) Quantum Corporation is a storage company headquartered in San Jose, California that provides protection, recovery, back up and archive to critical information. They offer it to small and multinational businesses in the United States and some parts overseas. The company has open systems solutions which include three platforms, such as DXi-Series disk-based de-duplication and replication systems for backup and restore; Scalar tape automation products for disaster recovery and long-term data retention; and StorNext data management software for high-performance file sharing and archiving. Quantum Corporation was founded in 1980.
Check out their website here.
The company announced yesterday that Quantum's DXi6000 line of disk-based appliances have been validated and met the published performance specifications based on EGI's testing. Not to mention the DXi6700 VTL-optimized and DXi6500 NAS-optimized appliances excel in ease of use and provide best-in-class reporting tools. (Source)
What is DXi6000?
It is a purpose-built disk backup and replication solution designed to solve end-user data protection problems.It has two deduplication appliances - the DXi6500 family and DXi6700. It has a range in size from 8TB to 56TB of usable capacity, and feature data deduplication which allows them to support up to a Petabyte and replication capability providing automated DR protection. Best of all, it has an affordable base price for all software licenses each unit in one.
Is it Time to buy? I hope you already did.
Wednesday, March 2, 2011
Which one is better?
iPAD 2
or
Blackberry Playbook
COMPARING THEIR FEATURES:
This is not final guys. Let's wait and see who kills it.
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