I will be revealing ridiculously undervalued OTCBB stocks here. These are stocks I will be reviewing with the Wave Riders from i-hub. All of us run hundreds of screeners every day and it's easier to form a Think-Tank that can conduct solid DD and know how to run proper stock screens.
What we will be looking for is profitable (or soon to be profitable) companies that are under-valued based off their current revenues/earnings and/or based off their forward guidance and previous follow-thru of said expectations. We also look at the Float, dillution history, and thoroughly review their SEC filings.
You will notice me being the Asst Mod on the majority of these new stocks, if not all of them. These are stocks that you will be proud to own into 2010 and hopefully beyond. The goal is to take 75% off the table at your price target, and let the rest ride into next year to see if they continue to improve their business/business model(s).
To start, I'm just going to post the active ones that are already posted in the Pinksheet Roulette Thread. The current OTCBB runners I'm invested in and tracking (outside of the China Micro-caps of course) are:
UPSN -- $1+ short/mid-term
ISCR -- .50 - $1 short/mid-term
CHRI -- .12 short/mid-term
Feel free to come up with your own exit strategies, but my own price targets for each are listed above.
I get too much grief for giving exact timeframes, so I'm just letting you decide what short/mid/long-term are rather than specifying. Some will undoubtedly move fast, others might take time to get attention. I'm simply providing what you have to make money based off what's available to us ... I cant guarantee or re-assure price targets will be achieved in the said timeframe.
Disclosure: At time of writing, I am long CHRI, ISCR, and UPSN. Every stock I post here I will own a position in at the time of writing.
What we will be looking for is profitable (or soon to be profitable) companies that are under-valued based off their current revenues/earnings and/or based off their forward guidance and previous follow-thru of said expectations. We also look at the Float, dillution history, and thoroughly review their SEC filings.
You will notice me being the Asst Mod on the majority of these new stocks, if not all of them. These are stocks that you will be proud to own into 2010 and hopefully beyond. The goal is to take 75% off the table at your price target, and let the rest ride into next year to see if they continue to improve their business/business model(s).
To start, I'm just going to post the active ones that are already posted in the Pinksheet Roulette Thread. The current OTCBB runners I'm invested in and tracking (outside of the China Micro-caps of course) are:
UPSN -- $1+ short/mid-term
ISCR -- .50 - $1 short/mid-term
CHRI -- .12 short/mid-term
Feel free to come up with your own exit strategies, but my own price targets for each are listed above.
I get too much grief for giving exact timeframes, so I'm just letting you decide what short/mid/long-term are rather than specifying. Some will undoubtedly move fast, others might take time to get attention. I'm simply providing what you have to make money based off what's available to us ... I cant guarantee or re-assure price targets will be achieved in the said timeframe.
Disclosure: At time of writing, I am long CHRI, ISCR, and UPSN. Every stock I post here I will own a position in at the time of writing.