We all should get back to stocks. The environment for these extremely speculative penny plays seems to be improving.
Here's what I'm following today.
AURC - hod .20 + .09 and now back to .17 - claiming in today's PR that there will be a dividend and that they will prepare audited financials and become "fully filing." Details need to be provided obviously.
LBWR - hod .14 + .03 - now back to .125. As Creede says, not a lot of volume. To me, that's good in the sense that LBWR is still not promoting. Those who look for "results" will eventually start to cover it I believe. Meanwhile, low volume means no promotion and no attendant dumping of shares. The downside is that lack of volume makes a sustained rally very difficult.
SPRL .0023 + about 20% today - Russian oil sludge play - very high risk but it has a fan club with many members who claim that the CEO is very shareholder friendly. Not a lot of public info though.
HISC .0028 also up over 20%. Has come off a vicious slide with news today of actual progress on product sales. I think the company has to cut the capital structure down for anything like the earlier 100 x rally to occur (which many of us enjoyed,) and they have hinted at this in the past. For now, it's a play on a snap back from a huge drop. Any theory of retracement gives you a big gainer.
ETLC + 100% on big volume. I'm enjoying it but have no info on it at this point other than they are restruturing and trying to regain some credibility they lost when prior merger was abandoned.
NNYG .0215 x .028 - big spread and little volume. Tiny oil and gas play I think will be a good candidate for 2007 for those who like post year end tax & highly speculative plays.
and no list of high risk speculative plays could be complete w/o SLJB - funny as I look back at my posts back when I bought in the .002's, I said it was an "all or none" play then and, even w/ all the problems, the missed deadelines, the screw-ups, it still looks the same. Is it a scam? Lots of professional bashers are spending a lot of time promoting this viewpoint, virtually around the clock and they, admittedly have a lot to work with from the company. On the other hand, these "pros" are often wrong, at least with respect to timing. See, e.g. over the past year alone, IDWD, PAIM, PAIV, BCIT, HISC and look at how the heaviest times of bashing often coincided with large periods of gains. (Quotes cited for example only and not as recommendations one way or another, as with the entire post. I.e., this is high risk. Do your own DD and don't Buy, SEll or Poop based on what you read on a message board.)
So, SLJB, priced as a scam, could surprise and, then, watch the mood and momentum change. But, again, treat it as an "all or none" play and you won't be surprised. |
