To OTC Journal Members:

Today, in the midst of the worst NASDAQ market we have seen since the 1987 crash, we have great news to share with you on Envoy Communications and a trading alert on a small stock we believe is actually poised to surge to the upside.
 

Envoy Communications (NASDAQ: ECGI; TSE: ECG)

Today, just before the market opened, Envoy Communications (NASDAQ: ECGI; TSE: ECG) put out an extremely important news release that bodes well for shareholders.
Members following the company with us know that we believe the stock is grossly undervalued based on sales and earnings growth as compared other companies in the same group. Lack of Wall Street recognition is one of the primary reasons for the stock's low market cap.

Today, Envoy Communications announced that they have retained Wall Street behemoth Merrill Lynch as its Investment Banker and Advisor.   On any other day this announcement probably would have added 2 points to the price of the stock.

This announcement is just the beginning of a series of events that will bring this company onto the radar screens of Wall Street money managers, hopefully in conjunction with the return of the bull market. One important fact the press release does not reveal- Merrill Lynch's analyst on New Media Companies, Lauren Fine, is considered the best New Media analyst on Wall Street.

Envoy has signed Merrill Lynch as their Investment Banker. Our Friday profile on MedGrup (OTC BB: CODX) surged 25% on Monday. It is still trading at a nice premium to Friday's close in the worst market imaginable. We can find the right companies.

Here is this week's trading alert:
 

Trading Alert: MindfulEye (OTC BB: MEYI)

We have been watching this stock and intending to issue a trading alert for the last three weeks. The stock has been holding up well in a horrendous market environment near the $4 level. The stock finally traded below $3 briefly today, and bounced back up immediately. The stock never traded lower than $3.

When we first looked at this company back in August we were intrigued with their technology. MindfulEye is in the software business. They are developing what could be the first generation of text recognition technology. Several public companies have done extremely well creating voice recognition technology.

MindfulEye has developed intelligent software that can automatically score the positive or negative mood of text. This technology has the ability to sort through the billions of pages of text information that is posted on the Internet, and report back results to the user automatically.

Their first generation of products will be used to monitor the thousands of message boards on the Internet where stocks are being discussed. Users will have a robot that actually creates a mood score based on reviewing  actual text messages on the boards. Linguistic specialists have been working on the software along with programmers for months to develop this technology.

There are four main target markets for their first generation product:

• Regulatory Bodies- Regulators cannot handle the workload associated with monitoring message boards for fraud. MindfulEye will automate that process for them.
• Brokerage Firms- This is a service that could be made available to clients of brokerage firms which would enhance information on which the investor can trade on. Brokerage firms will pay for anything that increases trading activity.
• News Services- News services are anxious to report on any unusual activities on message boards, and they can resell the service directly to their customers:
• Public Companies: The MindfulEye service will allow a public company to monitor what is being said about it on the message boards.

• The company just announced an agreement with a major exchange yesterday.
• The company announced an agreement with a brokerage firm on September 19th to use the services.
• More similar and substantive news releases are expected in the near future.
• The stock finally dropped below $3 for a brief moment and rebounded immediately. This stock does not want to be below $3. Ths stock should bounce with the market.

Conclusion

• Buy up to $3.50 tomorrow.
• Buy up to $4.00 for the remainder of the week.
• Set your Stop Loss at $2.75 or whatever level represents the risk you are willing to take.
• Target Price- $4 short term, $6 over the next 30 days if the market turns up.

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