GOCA -- Our newest stock
This is a copy of the email that was sent out last night. We have all been working very hard on this stock and feel we have a winner. Read the breif overview and tell me what you think! I wanted to send it out later, but I have classes all day. This will give everyone a chance to read it and evaluate the risk/reward ratio. Let's off the buying/selling pressure. I don't think there is any kind of rush to buy the stock, as it is looking like it might be a solid performer. But, as always, it is an OTC BB, so use your head when investing in OTC BB..Might not be an OTC BB long...read below....Best of Luck!
From CF 4/28
I have added another exciting stock to my porfolio. Today, I sent out an Alert on GOCA, stating I was taking a position. After reading their website, looking at the financials, and the growth, the stocks looks phenomenal. This is probably the most undervalued stock that I have found. I feel very very comfortable holding this stock. No hype floating around. There is a little interest on SI, but not much, because to see the real value of this company, you have to do a little DD on it. If you did some DD, you would see that when they turn a profit, which will be very soon, based on their rate of growth (716% last quarter!) it will be very substantial. If you read how these systems work, they are almost self standing and self operating. This greatly increases profit margins. Almost everything is automated, which is very important. The stock has moved nice and slow. The volume has also remained steady even after that incredible news. Which is very unusual for your typical OTC BB. The volume spiked, leveled, and picked up again today. The stock tends to trade in a narrow trading range for now...reason being is that not many people know about the company.
The key to GOCA's success thus far is its management. If you have not read the profile of the management, I highly suggest it! Almost every one of them has a degree in business or something that adds great value to the company. Also, this is huge: They have the former director of Finance of Exxon on board now. No idiot gives up his job @ Exxon as a cheif officer to go run some little company with not future. Obviosly, this company is going to be huge.
I have been examining latest market conditions of Internet stocks and adjusting my trading patterns accordingly. Here is what I have noticed. AMZN tonight was the key to my research. They have had explosive growth from day 1. Lately, the results have been lagging and investors started dumping in after hours after the conference. EBAY had ok earnings, but obviously not good enough. People will soon be searching for the next "rocket ride." With earnings growing more and more by quarter and with a number like 716% posted, it will catch some eyes on SI and the whole investing community. What is amazing is that on the day, Monday, when it traded 1+ million shares, I figured it was a daytrade and would be dumped the next day. I was dead wrong. IT was obviously solid investing, because there was no dumping and the trading was positive all day and the next day (today) which is what help me make the decision.
Now, something that is key here is that I am staying in constant communication with the Director of Finance and Marketing. He is a great guy who is willing to talk about anything. He is very responsive to me. He is sending me a firm investors packet, which basically includes what is on the website, but a little more detail. goca.com <--go there, read their biz ventures and the officers of the company! Amazing.
The float is 5 million with a total oustanding of 20 million (max they can give out, which means no investors having to pay for more financing!) They have 20 million authorized, which means that it would take a shareholders decision to increase it. Therefore, they can't dump any shares on the market, which is great. This means that they have the necessary financial backing and all their duckies lined up. goca.com
They have sent off to get reporting status, all they needed was the audited financials, which they just got! Have already sent off for reporting status, which will greatly add value to the company. Evenutally, once it gets above the $4 level, it can easily be listed on the NASDAQ with no hassle. This will also prevent people from calling it a scam! No MXNT crackhead shorts to deal with here.
I have lined up for one of our members to meet with one of the board members of the company by Friday. He is going to get a little update and tell us what he thinks of the company. I have already been talking to one of the BOD members, like I have said, and I really like this company. I might increase my holdings heavily tommorow if it holds on to its gains and continues to go up. This would show that it is fight any resistance of a sell-off. Now, with all OTC BB's, be prepared for volatility, although, I feel this is a much safer investment than some of our latest. Don't get me wrong, the last few have been great and still are, but I really beleive this company is extremely undervalued at its current levels. The thing to watch out for is that some on SI are taking notice. When word gets out, it could surge rapidly. Of course, there is no guarantee, as always. Its an OTC BB.
For a great overview of the company, visit the homepage: goca.com or visit my site for an investment report that was prepared a while back, but is a little outdated. I have offered to make a new one for them...
But most importantly, go to their site. Get a feel for this company. They are currently invested in some hot technologies. My favorite and one that I have used is the Internet Kiosk. Really cool stuff. Stick in a credit card and you have cable modem internet (almost). Great for BIZ folks. April #'s will be out soon, which could really affect the stock. I am not expecting 716% increases again, but hey, you never know with the Internet stocks! I expect profitablity very soon. Something else to keep in mind is that they are just focusing in these PRs on E-Commerce revs. They have not really updated us on their other ventures, like calling cards, long-distance servies, and so much more. I will be staying in close contact with management, which makes me much more comfortable with the stock, no matter what happens long-term!
This is probably one of my favorite parts of the growth end of GOCA--
You have to actually pay attention because they don't really emphasize or hype it, but read the last 3 PRs.
JUST FOR THE MONTH OF MARCH, their Revenues are 2.5x for the whole year of 1999!
Now, I am willing to pay $500 to anybody who can find a company with faster growth than that? Also, they are in the market that CMGI is in too..And these figures are just pertaining really to the Casino end.
Also, they own a debt-free Hotel in the Carribean! And have a great promotion going on to attract people to the casino: A money giveaway and a stay in the Carribean.
Truly a great company..you just don't normally come accross companies with this kind of growth. At this rate, can you imagine what the % increase over the year will be + factoring in they will be filing with the SEC??
I am curious to know who is planning to take a pos or who already has. Also, please feel free to address concerns you might have so I can get the answer!
FM
This profile is not all-ecommpasing, I have much more to add, but little time tonight! Let me see your research if you have any! So far, quite a few of you like the stock and have found some great stuff. I think we have a long-term winner here. For those who don't know, GOCA got an approval rate on the CF poll with a margin of 8:1
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