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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO)
CDNO 0.00240+26.3%Nov 14 9:30 AM EST

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To: Joe Copia who wrote (946)12/6/1999 9:37:00 AM
From: CIMA  Read Replies (1) of 1078
 
OGPS and CDNO - PennyProfiles- Stock hunters pennyprofiles.listbot.com
.............working diligently for investors profits!

Position Plays are among are favorite closing out the year trading and we intuitively trade with a technical bias as a qualifier on some of our picks.We've been patient with OGPS for several weeks looking to specifically trade this stock for free shares, Our initial purchase was at 1.03 hopping we were very near the bottom.OGPS closed the week on an upside reversal closing at the peak of it's trading range back to our initial entry point of 1.03. We apparently caught this one the tail end of a downtrend and last week's volume suggest a reversal. We strongly suspect a reversal should be confirmed and secured this week by news. Again, volume would be the key to securing a base above the dollar mark and favorable conditions could get us to the 1.50 very quickly. Our goals are long-term at much higher levels.

We'll have another position play with great a great outlook that we anticipate will not be exercising our patience to the extent of OGPS. We intend to release it Tuesday and would also like to see it carry us into the New Year as well. The fundamental prospects are favorable and we would expect some press early on in the trade with continual support.

Our volume alert on CDNO remains in full force and could very well test .10 level by weeks end if it remains constant. Accumulation is supporting the bulk of the volume and the stock was heavily supported on dips in mid-session Friday. With continued volume, we'd expect Mm's to let it base at higher levels for a short run rather then continually walk it down the way we've seen them do it every 3-cent rise. We're taking a cautious stance in the weeks to come but also see an exceptional opportunity for a free trade.

Good trading ti'll Tuesday,

Mic@PennyProfiles pennyprofiles.com


Send your potential prospects to: mic@pennyprofiles. We've had some excellent ones as of late and will surly notify if we intend to profile your stock pick.

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