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A Month Early Is Better Than A Day Late
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OTC Journal Members:
Looking back on the last six months, it seems I've had a tendency to be a little early with some of my ideas- but I'd rather be a month early than a day late.
As I disclosed in my first edition on the company, I've been a shareholder for about 3 years. I helped finance the companies growth back in 2007, and still own the stock today. I first wrote about it back then at $.14- it closed Thursday at $.35, yielding a 150% gain for investors that had the patience to own the stock for a lousy 4 months- nothing in dinosaur years, but a long time in dog years. To the most successful investors in the world, that's very short term. As you can see from the chart, the stock blipped up back in January when I first covered it, and then got quiet for 3 months. This company has generated over $60 million in revenues since inception, and will do over $20 million this year. It's on the verge of turning profitable. Not your run-of-the-mill start up by any means. Here's the point- a little patience can really pay off, as it has in this case. The stock is trading up and finally showing some volume. I knew it was coming, but I was a few months early. No big deal to make 150%. Look for this one to really do well over the next couple of months. If it pulls back, pounce. And speaking of being a little early with an idea, here's a coming
Boy, was I early on this one as well. I wrote an edition last last year when the stock was $1.25. It's since been as high as $2 (60% gain), and as low as $1.
It's highly volatile and after making a 4 day run from $1.10 to $1.90, it has decided to fall back. There have been a few developments out of the company of late, and certainly lots of volume and volatility. This one is a trader's delight. I'll re-introduce this idea on Sunday so you can tee it up for Monday if you like it. A reminder: Catch me live on TV every Monday from 12 to 2PM eastern. Simply go to www.bigbizshow.com, and click on the "Watch Us Live" button. I'm the guest host on the show every Monday. Home Page : www.otcjournal.com
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However, I'm exaggerating. I've been a few months early- not just a couple of days. Take, for example 
I'm not going to spoil the fun by telling you the name and symbol of the stock. I'm just showing you the chart, so you can see what I mean. I wrote about it at $1.25, then it went comotose from January to March. Then- wow!!!!- the volume came surging in, and the stock rocketed to $2 on huge volume.