Decided it would be easier for me to keep the Speculative / Pinksheet Roulette Plays in a separate thread as to not confuse my followers as to what's what. This thread will be used strictly for my most Speculative Pinksheet plays (both short-term and long-term). These are for the gamblers and you SHOULD NOT invest too heavily in them as they tend to be volatile. Only risk what you're willing to lose, although the plays I'll be posting here have had significant Due Dilligence conducted upon them and should be considered value plays.
Below, I will give you the names of the stock, how many I own, my average price for each, and my reasoning for why a POP is coming or why it's a good play. Enjoy...
$DNNC -- (500k shares, avg PPS .009). This is probably heading to at least .10 in near-term future. Small Float and PR is due out any time now. The company expects 15 million dollar in sales for 2008 and expects to open up to 30 stores in the next 5 years. Say the company achieves half of that number it gives us 7 million in sales..At 1x sales DNNI should trade around 23 cents on 2008 projected sales number. A Pop is coming, get on board tomorrow. Try to get in under .01 on the bid tomorrow if possible, but dont miss the boat.
$ABWTQ -- just started to break out today, MMs still appear to be holding it back slightly and may continue to do so in order for the shorts to cover, but it wont hold for much longer. Try to get in around .15-.16. I recommended this back around .13, and that's my avg price for 35k shares. 300-500% near-term upside. Long-term is ridiculously solid considering their assets. If all goes well, I could see this being valued at around $3-5 a year from now.
$BIEL -- (125k shares, avg price .062) Today TD Ameritrade lifted their restriction on the stock, we should see some serious volume come in tomorrow. Also, several FDA PRs are due out over the next few weeks, starting next week. Long-term outlook is solid here as well. They make a patch that relieves the pain ... better for people with addiction habits and is supposed to work quicker than meds. Get in under .07 before the train leaves to .15. Great long-term outlook as well.
$MJNA -- (10k shares, avg price .32) Medical Marijuana Distributor, need I say more?? With a lot of states starting to ease up on Med MJ, I think these guys are gonna pop. Also note, short interest recently changed -93%, something big is gonna happen I have a good feeling about this one. Get in around .35 if possible. Here's their latest PR: "Medical Marijuana, Inc. Has Signed Five More Collectives for a Total of 28 in Five States and Two Countries."
$BLAP -- (50k shares, avg price .02) iphone/itunes App about to get approved by Apple. A good friend of mine (a penny stock trader) brought this one to my attention. Float is ridiculously thin. When the PR hits, this will go to .15-.20, so roughly 700-1000% upside. Iphone App to be approved any day now! Dont have a long-term outlook on this one, so this is only to be played for the Pop, then get out.
GLTA
And plz try to keep the thread on-topic regarding Pinksheet/OTCBB Speculative plays under .50. If you post, please give your reasoning as to why you're expecting a move, your average PPS, and how many shares you hold (if you're comfortable disclosing this).
Below, I will give you the names of the stock, how many I own, my average price for each, and my reasoning for why a POP is coming or why it's a good play. Enjoy...
$DNNC -- (500k shares, avg PPS .009). This is probably heading to at least .10 in near-term future. Small Float and PR is due out any time now. The company expects 15 million dollar in sales for 2008 and expects to open up to 30 stores in the next 5 years. Say the company achieves half of that number it gives us 7 million in sales..At 1x sales DNNI should trade around 23 cents on 2008 projected sales number. A Pop is coming, get on board tomorrow. Try to get in under .01 on the bid tomorrow if possible, but dont miss the boat.
$ABWTQ -- just started to break out today, MMs still appear to be holding it back slightly and may continue to do so in order for the shorts to cover, but it wont hold for much longer. Try to get in around .15-.16. I recommended this back around .13, and that's my avg price for 35k shares. 300-500% near-term upside. Long-term is ridiculously solid considering their assets. If all goes well, I could see this being valued at around $3-5 a year from now.
$BIEL -- (125k shares, avg price .062) Today TD Ameritrade lifted their restriction on the stock, we should see some serious volume come in tomorrow. Also, several FDA PRs are due out over the next few weeks, starting next week. Long-term outlook is solid here as well. They make a patch that relieves the pain ... better for people with addiction habits and is supposed to work quicker than meds. Get in under .07 before the train leaves to .15. Great long-term outlook as well.
$MJNA -- (10k shares, avg price .32) Medical Marijuana Distributor, need I say more?? With a lot of states starting to ease up on Med MJ, I think these guys are gonna pop. Also note, short interest recently changed -93%, something big is gonna happen I have a good feeling about this one. Get in around .35 if possible. Here's their latest PR: "Medical Marijuana, Inc. Has Signed Five More Collectives for a Total of 28 in Five States and Two Countries."
$BLAP -- (50k shares, avg price .02) iphone/itunes App about to get approved by Apple. A good friend of mine (a penny stock trader) brought this one to my attention. Float is ridiculously thin. When the PR hits, this will go to .15-.20, so roughly 700-1000% upside. Iphone App to be approved any day now! Dont have a long-term outlook on this one, so this is only to be played for the Pop, then get out.
GLTA
And plz try to keep the thread on-topic regarding Pinksheet/OTCBB Speculative plays under .50. If you post, please give your reasoning as to why you're expecting a move, your average PPS, and how many shares you hold (if you're comfortable disclosing this).
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