Craig K was kind enough to tell me about this thread. I've watched the posts since that time and have been impressed with what i've seen. I plan on spending a lot of time here. The following message was posted on another thread which I have come to greatly enjoy. I will not be sending it to any other threads, no one hates spamming more than me. Hope you find it useful and appreciate the spirit in which it comes.
It's time to give back. I've been enjoying the free membership for sometime now. Using a different email address to get extra time, but finally decided that some of the ideas you guys come up with are legit (as they've made me good money)and the time spent weeding thru the bogus recommendations (proper DD) is worth it. So I look forward to sharing ideas with you all. To be fair you should know that I am a broker with a major firm and have been for about 6 years. I manage multiple millions for high net worth clients, for those of you who don't understand the brokerage system we have a difficult time purchasing the better known companies as our compliance department is ever fearful of front running so I don't own most of the stocks I love for my clients i.e. AXNT etc. These BB's and under $5 dollar stocks have been a profitable and fun way for me to trade for my own account as our firm won't even allow us to trade them for clients.
That being said... My first give back and first formal recommendation is StarBase SBAS for the following reasons:
1. Revenues have increased dramatically over the last 7 quarters, 35% sequential growth on average.
2. Reduced operating costs last quarter only .09 a share last quarter vs. .14 prior
3. Recent release of StarTeam 4.0
4. Release of StarTeam.com in June
5. Customer list is outstanding with strong repeat sales, i.e Boeing, Dell, Intel, etc.
6. 140 new customers on average a quarter
7. Very strong possibility of major analyst coverage in the future(not my firm)
8.Possibility of major alliance with one of the well known established companies we all wish we had bought when it was fairly unknown.
You should also know that at I own 4,000 share at this point, my expectation is $6.00 within the next 6 months and quite higher if the rumored alliance occurs. There is a resistance level around 2 1/8 it seems there are some that are playing the chart buying in at support 1 1/2 and selling into resistance to make a quick trade. Smart fairly easy short term profits but i'm holding on for the big move. I would say you should feel comfortable getting in anywhere near support for a quick trade and anywhere if you can afford to be patient.
Hope this long message is not an annoyance to anyone I look forward to sharing ideas, making some new friends, and a lot of money.
OnlyGains
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