Granted, most of these stocks were completely overvalued when they IPOed and I'm sure a bunch of little old ladies got pinched by smooth talking brokers to inflate the prices... and maybe the MOB was involved- especially in the NY-NJ stocks NTST, CXIL, & ACUC.
I stayed away from CXIL and ACUC because I heard principals in those co's were affiliated with MOPA, and NTST is 55% controlled by a broke little penny stock COTG. BIGC definitely looks like a scam- $11 bucks for a bagel co.? Some others I looked at but passed: SIMA, FLEMU, and PCFR. Although all the MOPA stocks will probably rebound a little, I think VCLL, FLEM, and ISON are sure things to at least quadruple off their lows.
As they stand right now, VCLL looks like it may have already reached a short term peak, and the ones that are going to move big this week are FLEM and ISON. I especially like these 3 stocks because they put out news releases distancing themselves from MOPA- the others that did not seem to be IN on the scam, so I avoided them. FLEM just IPOed just as MOPA was going out of business so it looks like a broken deal that fell apart- and the stock could be worth $10. ISON is definitely going to be a big winner also with little risk of downside and huge upside potential- a recent news release tells it all:
Thursday October 23 7:32 AM EDT
Company Press Release
Isonics Corporation Enters Three-Year Supply Agreement With Peco Energy Valued Up to $1.8 Million
SAN JOSE, Calif., Oct. 23 /PRNewswire/ -- Isonics Corporation (OTC:ISON) announced today the signing of a three year exclusive agreement to supply depleted zinc oxide to PECO Energy Company of Philadelphia, owner and operator of nuclear and conventional electrical generating facilities, primarily in southeastern Pennsylvania. Based on current estimated requirements, Isonics would receive $1.8 million in revenues over the three-year term.
Under the agreement, Isonics will supply depleted zinc oxide at PECO Energy's Peach Bottom and Limerick generating stations. Isonics believes that it supplies substantially all of the depleted zinc oxide used in nuclear power plants worldwide. Depleted zinc oxide is an additive used to reduce corrosion and cracking of components in nuclear power plants and reduce radiation exposure to plant employees.
Isonics President and CEO James E. Alexander remarked, ''The agreement with PECO is the first of a number of long-term supply agreements Isonics hopes to conclude with nuclear utilities world-wide. Such agreements will allow Isonics to effectively plan its production, thereby reducing costs, while assuring the customer of depleted zinc availability on a scheduled basis and at predictable costs. It's a win-win arrangement!''
Isonics is a specialty chemical and advanced materials company that develops and commercializes enriched stable isotope-based products. These ultra-ultra pure materials provide enhanced performance properties compared to normal purity materials. Stable isotopes have commercial uses in several areas, including medical diagnostics, drug development, semiconductors, lasers, and energy production. |