Put that out there before it runs 89% lol.Originally Posted by drpepper14
89%....you haven't seen anything yet
Big news coming thursday, and should see 100% tomorrow....$1 is very doable next week
This thing is going to be heavily promoted to 100k + investors starting thursday, so if you think 89% is too much of a run for you, sit out, and watch profits pass you by
09's are a very good price for MRNJ
Last edited by drpepper14; 01-07-2010 at 07:26 PM.
After some reading, I'm in 5500 @ .093. Huge gamble.
aghhhh im going to have to sit this one out, I said in the new year I would stick to my plan and not deviate, big things are brewing for the stocks I hold and can't afford to move away right now. I hope you guys do very well with this one.
DLCR was one I was eye'n @ .07 yesterday, guess I should have pulled the trigger. For now I stick with KATX and CNEX.
I'm already happily out of it, it closed at .12. Big relief. I hate buying a stock the same exact day I first learn about it.
DLCR did move nicely but I would've been mad if I sold today, CNEX quietly jumped up 127% today. It will fall back tomorrow because that was low volume but the share structure is like a tightly wound slingshot. On the other hand with the kind activity I saw across the board today, it was a daytrader's wet dream.
MRNJ should gap again in the morning...the chart looks amazing.
Last edited by drpepper14; 01-07-2010 at 07:26 PM.
edit
Last edited by drpepper14; 01-07-2010 at 07:50 PM.
So what are yalls stock picks in 2010?
My long is KATX, mine companies are like biopharms and drill results + joint ventures are like FDA approvals, typically they skyrocket afterwards. I'm accumulating as much as possible.
CXM and CBAI are two I wish I was in right now but the money just isn't there for me right now. CXM's going back over a dollar and CBAI goes above .05. I also believe in IMUC and CTIC
my stock picks are wherever the momentum/swing trades are.
This year I will hold very few long positions, and most of my money has been dedicated to momentum plays such as mrnj.
BTW this is a great day to pick it up
anyone pickup mrnj in the 9's again today?
Last edited by drpepper14; 01-07-2010 at 07:26 PM.
MRNJ closed at .14 today, broke right through .13 resistance at the EOD
Last edited by drpepper14; 01-07-2010 at 07:25 PM.
I quote this because it is the source of my frustration today. I did have 400k shares @ .007, no intentions to sell. Well I had to pay off some bills completely in order to get my security clearance so I sold CBAI to do so back in November.. ultimately that clearance was #1 priority but I cant help but acknlowledge that CBAI most likely will hit .02 this week. It is well on its way in the progression that I expected. My intent was to wait until .10 to sell, which looks like a reality.
But I post that to state why I am sticking to the original plan. CBAI was one of those plays that I had complete confidence in and would not have sold for an reasons. I did my DD and I felt like it wasn't a matter of if but when. Well when is now. So I've done my DD again, I've mentioned KATX and CNEX. Both are mining companies which I dont have a whole lot of experience in but I have done my DD. KATX is one of those when not if plays, their properties have gold. I'll quote another investor on the potential here:
UXG is currently @ 2.55 with a share structure that is 80 million less than KATX. I know it seems like jibberish but the figure to pay attention to in the samples is, UXG's high test sample is 2.9gpt while KATX have found samples at 202 gpt, 158 gpt, 94 gpt, 82 gpt on their properties. Neither company is currently mining so what is the difference? UXG has done test drills and KATX has not, but they will be doing so shortly. If those test drills reflect the samples the offers for a Joint Venture will be lining up which will send this one skyrocketing.KATX Gold Results from Handcamp
During the first phase, rock samples were collected over some of the prospected areas with numerous samples showing very encouraging mineral results, of 158g/t Au, 94g/t Au, 82g/t Au
Results from KATX Twi-Lite Property
The Discovery Prospect: Zone of quartz veining and associated silicification, high of 202 g/t Au (Visible Gold)
The Spring Pit prospect: bedded pyrite/mafic fault gouge (high of 14.9 g/t)
The 320 Vein: zone of quartz veining and quartz breccias (high of 16.6 g/t)
The Paddy's Pitt prospect: silicified and brecciated siltstone (high of 23.80 g/t)
Now Lets take a look at some of the Gold results from UXG:
US Gold Nevada Property
US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce good exploration results from Nevada. The best results continue to come from West Pick, including 0.06 opt (2.05 gpt) gold over 75 ft (22.9 m) and 0.027 opt (0.94 gpt) gold over 180 ft (54.9 m)
These channels are present in the West Pick area where US Gold has encountered significant mineralization, including the best results announced earlier this year of 0.085 opt (2.9 gpt) gold over 150 ft (45.7 m) and 0.065 opt (2.24 gpt) gold over 120 ft
I'd be lying if I threw out a target share price out there. Some are saying .10, others $5.00. Nobody knows for sure but I do know that this one has so much potential and this is the first play that my exit point is not based on price but rather specific events. This could turn out to be a long term play that I hold for years but what I do know is I will not let history repeat itself, I am standing firm on this one, which is why I refuse to sell to chase other runs. GL to everyone
And oh yeah CNEX, this play is speculative for me based on nothing more than share structure. The actual float is around 6 million shares, and the price is .005. You do the math on that, a million shares will cost you $5k but you'll own 1/6th of the entire float, but it is so thin that you'd never get all the shares @ .005. 10k blocks were pushing the bid up to .0078 today, the MM's try to walk this one down but if real volume comes in they will be at a loss and .03 is not far fetched. CNEX is a short term play, even a pump and dump would be highly profitable.
Looking at that graph it will be back up by the end of the day, I'd set a limit order at your exit point.. MRNJ seems to like to rally late.
CNEX is moving, small volume forced the MM's up to .009, fuckers who don't know how to sell seem to be the problem.
You have to also consider who is holding, from what I've seen of pennies are a lot more volatile when you have quick flippers buying and selling, it seems to create this wall for progress. MRNJ could very well be legit but the lack of steady hands could be the reason for the decline. Either that or just the typical friday selloff. I saw the news that came out and it looked good, I was hoping you guys would come out of this with significant profits.
There was a massive sell off in mrnj today....it didnt run as expected as many people found out mid-day from the T/A that mrnj was diluting today into the run.
They diluted about 12 million shares today alone.
I got out of my position around .10 and .08....not the profits I had originally, but still worked out for me. The company is no pump and dump, but I will no longer hold shares because I do not trust a CEO that promises no dilution to his shareholders, and then when his stock runs, he gags his T/A and dumps shares into the market.
Should have another good stock for monday though
Damn 12 million shares? That is like a slap in the face.
Bought WNBD today, looking for a run to .02 today or tomorrow, then i'll be moving on to something else for wednesday!
Sold WNBD for a quick profit already, about 6%, but hey green is green!!
Finally I stay the course and it pays off. From .0029 to .011 CNEX is moving with volume. This one is VERY thin so those huge pops with volume that people talk about, this one has that chance. I'm currently waiting for .05 then I'll decide how to move from there.
correction: .013
This is not a fundamental play, nothing more than momentum. No long term investment and no need to get greedy on this one.
Katx on the run today, up 60 percent so far today.
Going to reiterate KATX as a buy, this is not speculative it is based off of the moves the company is making.
The growth will be gradual, not an overnight type deal. Tomorrow I am going to sell my position (or try) and put my holding in KATX back @ 150k. Like CBAI this is one that will take a year or two to mature like I'd really want, there will be ups and downs but as long as there are new highs and higher lows I can deal with it. My target for this one long term is over $2 a share but that probably will not happen well into 2011.KATX(.03)~~>Kat Exploration -- Retires and Eliminates 2 Billion Shares From Treasury
Market Wire "US Press Releases "
MOUNT PEARL, NEWFOUNDLAND -- (MARKET WIRE) -- 01/14/10 --
Kat Exploration Inc. (PINKSHEETS: KATX) (www.katexploration.com) would like to inform its investors that it has retired and eliminated 2,000,000,000 shares from its treasury of
authorized shares which was originally 3,030,000,000 shares. The new amount of authorized shares is 1,030,000,000 shares. The company's final share structure will be updated on pinksheets.com.
This press release contains forward-looking information within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 and is subject to the Safe Harbor created
by those sections. This material contains statements about expected future
events and/or financial results that are forward-looking in nature and
subject to risks and uncertainties. Such forward-looking statements by
definition involve risks, uncertainties and other factors, which may cause
the actual results, performance or achievements of Kat Exploration Inc. to
be materially different from the statements made herein.
Contact:Ken SteadPresident / CEOKat Exploration Inc.Office: 709-368-9223709-368-9224Cell: 709-690-2908Fax: 709-368-9213www.katexploration.comks...loration.co m
KATX @ .063, started this week @ .018. After those shares were retired investor confidence has risen.. still a good long term trade at these levels.
PR just released, the company secured financing that values the share price at the least .10 right now, some investor thought the company was solid enough to offer $5 million and I'm sure they're expecting a nice return on investment.
KATX hits .077 today and closes there, I recommended this one ever since it was .018. I've posted the information, this will at least be a .50 stock but it is a LT trade. Reiterating again, anything under .10 is a steal right now.
nice move tony!
Another easy pick for you guys: BNVI
Insiders are buying hand over fist right now, and they have less than 30 days to be back over $1 or be delisted. Huge news is expected very soon. This is almost a guaranteed 100-200% gain
bought bnvi at .57 today
.70 AH lol
http://messages.finance.yahoo.com/St...=2&frt=2&off=1
Check out bnvi folks....good for $1 near term, and much more in 2010
Also check out TDGI. Probably .05 this week or next, and then depending on movie acquisitions, WAY more than .05
BGOI
Do it
I bring you guys another 2010 gem, FRGB. Another long term play like KATX but how long term is relative. Here is my draw to First Regional (FRGB):
The stock has been battered due to the crappy economy but @ .65 a share the market cap is $7,691,850, far from the total value of the company. If you look at the basics First Regional looks to be a solid bank that has been in a downturn but capable of turning things around and it looks like when they do the share price will reflect it.As of September 30, 2009 total assets were $2,175,019,000 compared to $2,465,141,000 at December 31, 2008, a decrease of $290,122,000 or 11.8% and the September 30, 2009 asset level represents a $242,946,000 (10.1%) decrease over the $2,417,965,000 that existed on the same date in 2008.
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