To OTC Journal Members: 
 

A Recap of the Day's Activity

New idea Envision Solar (OTC BB: EVSI) had an OK first day. You could have picked up all you wanted in the early going at about $.74, and the stock closed at $.755 for a very moderate gain on 166,647 shares of volume.  I still have a price target of $.90 to $1.00 over the next 7 to 10 days.

On another note, I've been watching the China small cap sector of late, and it's been decimated by charges of fraud, which are proving out in many cases. High profile China Media Express (NASDAQ: CCME) is the latest story to go down the toilet, which is truly unfortunate.

However, I have noticed some of these severly over sold stocks bouncing on good earnings releases. I've identified one on the AMEX that's coming out with numbers pre open tomorrow, and the stock is very over sold.

It could bounce if the numbers are strong, so look for an idea early if the numbers are good. If you don't see an OTC Journal, I didn't like the numbers.

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