CF Day in Review----
4/27
Watch out tommorow if you are holding internet stocks. With the after-hours trading reactions on Instinet that AOL and others are getting, it could be nasty tommorow. The earnings are good, but folks aren't responding very nicely at all. Might be in for an Internet sector correction on these earnings releases. Be careful.
MXNT
Holding steady and waiting on management. Auction, webphonebook, and more coming soon! Sites look great and is positioning itself well. All the stock is trading on right now is this financial info we are waiting on. Looks like people are making bets on it, increasing or decreasing their positions. I think its worth the bet for the positive direction.
*Quick note. No matter what OTC BB stock you get into, never invest more than you can afford to lose. I highly suggest that if you are going to be throwing millions or high thousands, put it in full NASDAQ stocks or NYSE or Mutual Funds. You would have to be absurd to think that OTC BB stocks are anythig more than a gamble on a roultette board.
XNET
Holding strong baby on solid volume. Could breakout very soon on another news release. I think that they have made everybody aware that when something happens, news is coming out. No more holding back. So, people have started having faith in the company and will watch it very closely. Want some of that expansion news!
We all are currently working very hard on a stock. No rush on this one. Stock is solid, am talking with company openly, and one of the team members lives next door to company. So far, all of the duckies are lining up. If we all decide on it, it will be our pick. Notice, we do not just pick stocks on a daily basis or any kind of basis. We pick them as we see them and as they come. I will keep everyone updated on how this pick develops and if we decide on it!
Have a great night! Hope everyone profited today!
FM |
