Penny Stock Marketplace

Here’s a couple of stocks that may be worth watching.  The first one is Blue Diamond Ventures (Stock Symbol: BLDV). This is an agriculture and biofuels company with operations in Belize and the U.S.  Impressive price surge a couple of days ago with volume always gets Quazimoto’s attention.

Although the trading is a little lean, Eurogas (Stock Symbol: EUGS) has attracted some buyers recently.  Quazi may be a little early on this one but he likes to beat everyone else to the punch.  I’d let this settle out a little first and see if it has the octane needed to gain some traction and head north again.

If you took Quazimoto’s advice from the “get-go” back on April 7th,  your buy-in price for Jpc Cap Partners Inc, (Stock Symbol: JPCI)  would have been anywhere from .16 to .24.  Two days later this stock increased in price by 41% or 112% depending on the buy price.  More importantly, if you missed taking the profits the first time, this stock retraced and then made a similar run again.  Not a bad profit for two days work, or two weeks work, depending on how you played it.  But because of the very lean volume, it’s time to give JPCI the boot.  There are easier stocks to get in and out of.  Thanks for the ride but liquidity is an important part of the game.  Better trades are just around the bend.

                           Stay tuned to the Penny Stock Marketplace as we add even more profitable stocks to the watch list ticker.  Remember that the ticker in the header is updated  even if there is no post for the day.  Quazi is the independent type and likes to take matters into his own hands.   

The saying “Plan the trade, trade the plan” is heard often in the stock trading world.  It is easier said than done.  Those that do, generally, are more successful than those that don’t.  One of Quazimoto’s trading parameters includes dumping stocks that do not move after trading sideways for a specific number of days.  Always willing to admit our mistakes, we now give you HyPower Fuel, Stock Symbol: HYPF. 

This is a stock that we picked up around March 26th or so and then removed from the list last week.  Sometimes it pays to be a little more patient.  The recent 57% surge in price with volume was ‘easy pickins’ for those who were willing to wait.  We traded the plan and missed out.  Hopefully you didn’t. 

We live by another saying…”There will always be another trade”.

You have got to hand it to the folks at doublingstocks.com.  These are the guys who have probably made a fortune pumping stocks using this ‘sophisticated’ stock robot called Marl.  Depending on where you look, downloading the software may cost you $20, $30 or $50, or more…or nothing at all.  Amazingly, this software scrolls through hundreds of penny stocks and picks out the one or two stocks that have the potential to move up in price dramatically allowing you to retire early from these massive gains.  Sounds awesome!

Fortunes have been made by re-inventing, or re-packaging old products.  Scams and get rich quick schemes are no different. They are alive and well.  The stock market and penny stock world are popular places for these “systems” and “methods” (and robots no less) to rear their ugly yet profitable heads.

What is Marl?  Download the software and you will be amazed at the speed at which stocks are analyzed.  Eventually one or two stocks will be chosen as primed and ready to double or triple in price.  In actuality, the stock that pops up on the list is pre-chosen.  This stock is the one that the guys at doublingstocks have been paid to hype.  Instead of the typical e-mail spam or mass fax, these guys make it look like this stock is chosen by a one-of-a-kind computer system. (That would be Marl.).  Of course, it didn’t. There is no computer system.  Genius!  Looks like the doublestock guy have invented the better mousetrap.

Who benefits?  I’ll give you one guess…and it’s not you.  The guys at doublingstocks and their other associates have already placed their bets before the unsuspecting trader has received this hot tip.  As traders pile into this stock, (and there are many of them apparently), the price rises.  This is the pump part of the ‘pump and dump’ scam.  Illiquid, or low volume stocks, can rise dramatically with the sudden surge of trading volume.  With the price surging, guess what the Marl guys are doing?  You guessed it.  They sell, and the price comes crashing down.  Try selling under these circumstances and you will have sold at a much lower price than when you bought.  You are left holding the bag.  This, needless to say, is the dump part of the ‘pump and dump’ scam.

Marl must be raking it in.  Notice those very large, Stock Robot ads on some of the more respectable websites?  They can’t be cheap.  Like I said at the top of the post, you have got to hand it to the folks at doublingstocks.com.  Many do. 

Quazimoto doesn’t like to be referred to as a robot and he doesn’t care much for scams.  At the Penny Stock Marketplace, all of Quazi’s stock picks are based on parameters that we think offer the best chance of success.  Success, for us, is defined in terms of profit.  All stock picks, even the bad ones, are always on display.  We offer our stock picks as potentially profitable opportunities for those with a passion for speculation.  The necessary due diligence and trade timing is the sole responsibility of the speculator.

No penny stock portfolio would be complete without a few mining stocks to round out the list.  Sarissa Resources has made a large move over the last few days and may hold it’s current level.   As with any mining stock the risks and rewards are great if you are willing to take the ride.  Although this stock has not necessarily formed a new base, today’s intraday dip was enough for Quazimoto to add this to the watchlist.

According to the website propaganda, Sarissa Resources Inc. (Symbol SRSR) is an American junior exploration company that identifies and explores mineral properties in North America. Currently, Sarissa has interests in properties with base metal, precious metal, and uranium prospects in Northern Ontario, Canada.

Quazi reminds me that the majority of penny stocks are for trading, not investing.  The $1 a share talk is always there but I would gladly walk away at .05 or .06 per share.

It’s charts like the recent Physicians Adult Daycare, Stock Symbol:PHYA that keep us in the penny stock game.  Moves like this don’t happen every day but they do occur quite often.  Capturing one of these gems before a major move requires some trial and error but this four day, 1333% gain is well worth a few small losses.  The potential for big payoffs is the incentive to fine tune our methods.  Studing charts, adjusting stock screens, and some fundamental analysis all contribute to well timed, profitable trades.  Quazimoto is programmed to keep the losses light and the probabilities on your side. 

The boot is back and that can only mean one thing.  It’s time to say goodbye to HYPF.  This stock has been on the watch list for quite some time.  Quazimoto has strict rules about stocks that trade sideways for too long and this is one of them.  No harm, no foul though.  HYPF has not lost much, if any, so let’s put that trading capital to better use.  There are several pennies on the watchlist that have been trading in a nice, tradeable range or show signs of moving higher. 

Take a look at this chart.  At first glance it may look like a smokin’ hot 400% gainer from Quazimoto’s watchlist.  A closer look reveals a monthly hurricane frequency chart.  Knowing when a hurricane strikes is of the utmost importance to those in areas where these wonders of nature do their damage.  To a trader, loading up on a few key companies that aid in the recovery effort is a profitable play that cannot be ignored. 

Some feel that there is something wrong with profiting from the misfortune of others.  From my point of view, if my house is sliding into the ocean and my  insurance company is reluctant to pay for damages, a little extra pocket change doesn’t hurt.  If your conscience gets to you because you secretly wish for a massive hurricane to make landfall, please give a portion of your proceeds to those in need.  There are many that could use the help even several years after these catastrophes occur.  Click here if you would like to help those who have been victims of these types of disasters.

 The main factors considered for chosing the best stocks were the previous, speculative nature associated with each stock and the subsequent positive price action. In addition, decent volume levels were a key component when selecting tradeable stocks.

That being said, here is a list of my six favorite “hurricane stocks” for 2008:

Home Solutions of America; Stock Symbol: HSOA
Beacon Power Corp; Stock Symbol: BCON
National Storm Management; Stock Symbol: NSMG
Chdt Corp;  Stock Symbol: CHDO
Worldwater and Solar Technologies Corp; Stock Symbol: WWAT
Ecoloclean Industries, Inc.; Stock Symbol: ECCI

So remember, in addition to extra batteries, blankets, a full tank of gas, and of course, duct tape, your hurricane preparedness list should also include a portfolio of “primed and ready” disaster relief companies.  

Here are a couple of stocks that have made recent strong moves to the upside and also have a decent amount of volume to support the move.  The first is my own personal pick which is Ulysses Holdings Corp.,  Stock Symbol:UHCR.  The pattern gives the indication of another move up to .15. 

 Of course, history does not predict the future but patterns like this cannot be ignored.  Note that Quazimoto doesn’t share my enthusiasm for this stock only because it does not meet his strict criteria, but I did persuade him to put it in the ticker.

Quazi counters my pick with Occulogix Inc., Stock Symbol: OCCX.  This stock is coming off the bottom with a vengeance and may prove to skyrocket further after a little more float turnover and consolidation.  This is a classic move to the upside that is real.  “Real” is determined by the volume during the large swings.  Now it’s time to turn this into some real cash.

Ask ten people what they consider a penny stock to be and you may get ten different answers.  Let’s eliminate all the confusion and define these type of very low priced stocks.

In this marketplace, microcaps are any stock with a market cap of $500 million or less and a share price of $10 or less.  Penny stocks are simply any stock with a share price of less than $1.  Subpennies are stocks that trade for less than 1 penny.  It is not unusual to find stocks in this category that trade for tenths of a penny (that would look like .oo1) .  In this case, $100 would buy 100,000 shares!  

Quazimoto and the Penny Stock Marketplace do not rely on hype when producing a watchlist of worthy stocks.  Price action and pattern recognition are the driving forces that produce high probability, profitable trades while reducing the downside risk.

Quazi is holding his cards close and picking entry and exit points with the current watch list.  Stay tuned for any updates.