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Newsletter
November 7, 2001
Volume IV, Issue 96
Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:
 

Recent Performance- Riskless Rebound  Portfolio and Cross Media Trading Alert

Winners have been scarce this year, but the OTC Journal is making a strong comeback along with the market. If you had acted on our most recent editions you are putting money in your pocket.

Last weekend's Riskless Rebound (click if you want to read it) edition has performed beautifully.  As of the close of market today, had you invested an equal dollar amount in each of the five stocks we featured, you would now be enjoying an 19% return on your investment in three trading days.

Monday's Trading Alert on Cross Media Marketing (AMEX: XMM) is also providing strong returns. The stock is up about 16.5% after two trading days, but we feel there is considerably more upside in this stock. You should be buying on dips. September quarterly earnings are scheduled to be released next week, and we feel Wall Street will be in for a big surprise to the upside.

Stand by for more exciting situations to unfold.
 

XML Global Technologies (OTC BB: XMLG) In the News and Climbing the Charts

XML Global Technologies has been one of our biggest disappointments this year. We launched our original profile at $.92 on March 30th, and since that time the company has been victimized by a much worse climate for IT spending than anyone anticipated. XML Global is a leading software company developing tools for the revolutionary new XML programming language which is widely viewed as the "Holy Grail" of ecommerce.

The Attack on America completely froze new contracts temporarily, and XMLG Global traded to a new all time low of $.13 on October 18th. 

Contrarian investors with the courage to act at the lows are being amply rewarded in the last five trading days. The stock closed today at $.46 per share, up 253% from the bottom and well on its way to recovering.

Price and volume are being driven by a series of exciting corporate accomplishments which have unfolded in the last week. Here is a list of current news releases which has this stock back on the radar screens of investors:

  • On November 1st the company announced the release of its new software product, GoXML(TM) Transform 2.0. Testimonials from leading software experts have the XML community buzzing about this product. Click Here to read the press release.
  • On November 6th the company announced the signing of a contract with the city of Vancouver for Xtract, its web based stolen property intelligence recovery service. Click Here to read the news release.
  • On November 7th (today), just before the market opened, the company announced the signing of a contract with the Canadian Federal government for software and consulting services. Click Here to read the news release.
Clearly, XML Global is regaining its lost momentum.
 
High Profile Media Publicity

Along with the recent corporate developments there has been some very high profile media publicity associated with these new contracts. Today's Vancouver Sun carried an article gushing praise on Xtract, their web based stolen property recovery software. The article is entitled: 

    "Kitsilano technology catapulted to world stage; Police agencies clamouring for XML Global's system for tracking goods."

This article is a must read for shareholders as it provides enlightening observations about the company's products. Click Here to read the article.

In addition to the Vancouver Sun article, Canada's national newspaper, The Globe and Mail, also carried a very informative article about the company entitled:

    "Vancouver police use home-grown technology to trace stolen goods". Click here to read this entire article.
 

Conclusion

The company seems to be gathering momentum, and discussions with senior management at the company lead the OTC Journal to believe the momentum could continue.

Investors who have been suffering through the painful percentage decline in this stock have to be encouraged by the recent action.

We cannot predict where the stock will be in a week or two, but we believe the worst is behind the company and their business should improve from here. If you own it at higher levels you might want to consider adding to your position at these lower levels. However, bear in mind the stock has appreciated nearly 300% in the last week, and waiting for a pullback could prove to be a prudent strategy.

We hope to bring you more breaking news on this company in the near future.


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Disclaimer
The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected  publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward  maximizing the upside potential for investors while minimizing the downside risk, whenever possible.  Moreover, as detailed below, this publication accepts compensation from certain of the companies which it features.  Likewise, this newsletter is owned by MarketByte, LLC.  To the degrees enumerated herein,  this newsletter should not be regarded as an independent publication.

Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading Alerts.

MarketByte LLC has been paid the following fee by XML Global for a year of representation: $100,000 cash, 60,000 shares of free trading stock, 60,000 shares of restricted stock, and 60,000 options exercisable at $2. The 60,000 shares of free trading stock have been contributed by a third party on behalf of the company. Please review our policy on selling shares found within our Mission Statement at our home page.

All statements and expressions are the sole  opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities  mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.

The editor, members of the editor's family, and/or entities with which they are affiliated, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication.

The profiles, critiques, and other editorial content of the OTCjournal.com may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN  SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN  CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of  the Securities and Exchange Commission ("SEC") at http://www.sec.govand/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at  http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.


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