To OTC Journal Members: 
 

450% Volume Explosion

14% is a popular number. It relates to my two last edition. It happens to be the amount each of the stocks was up after my last two edition. New idea Auri Shoes (AURI) closed at $.685 on Friday, up exactly 14% since introducing the company at $.60 back on July 17th.

Thursday's reincarnated idea- Vringo (VRNG) on AMEX also cranked up the charts as predicted. It opened Friday morning at $1.50, and closed at $1.71- guess what? You got it- 14% gain.

I think that's pretty darn good against a backdrop of 7 down days in a row in the large cap world. The market is freaking out about our boneheads in Congress that can't figure out how to rescue US Treasury notes from at least a downgrade if not a default. The rest of the world is looking on in amusement as our partisan bickering has led, as always, to a lot of political grandstanding and not much problem solving from either side of the aisle.

All things considered, I think those 14% gains are pretty darn good against the overall market.

So, in order to not disappoint, this week I've come up with another Sunday idea- hopefully as good if not better than AURI or VRNG.

So, riddle me this all you big time risk takers. Do you know what penny stock's volume was up 450% from Thursday to Friday? I'm not talking about a 10 cent stock going from 5,000 to 50,000 shares. I'm talking about a $.60 stock going from 100k over 500k in volume in one day.

Stand by to read about it tomorrow. This company has one of the most interesting new consumer electronic products I've ever seen, and volume is absolutely exploding.
 

Make Me A Promise

I'm looking back to Allied American (AAST)- a Sunday idea it put out back on June 5th. In that introductory edition I placed a target price on the stock of $1.50 to $2. On June 22nd, the stock peaked at $1.91, and then fell apart. I closed Friday at $.43.

The stock easily made my target range before crashing, and this can happen in the penny stock universe.

Please make careful note of the price targets, and if and when the stocks get there DON'T FORGET TO SELL!!!!

PROMISE ME YOU'LL SELL tomorrow's new idea if and when it gets near the target price and lock in those profits.

Home Page : www.otcjournal.com
Email Questions or Comments To: editor@otcjournal.com