Email : info@otcjournal.com
URL : http://www.otcjournal.com
To
OTC Journal Members:
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.
Charts Provided Courtesy
Of TradePortal.com
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