To OTC Journal Members:
 

Where To Trade OTC BB Stocks- Part II

Lots and lots of emails from members on the best brokerage firm for trading OTC Bulletin Board stocks. Nearly 80% of the emails I got were positive in favor of Scottrade (www.scottrade.com). Scottrade's fees are extremely low- $7 for market orders and $12.50 for limit orders with no per share fee or inactivitycharge of any kind. Members say the execution is flawless. Spend the extra $5 and use a limit order.

A new name to me gets honorable mention for the deepest discount anyone sent in. Lowtrades (www.lowtrades.com) charges $5 per trade for both market and limit orders regardless of size. One member says the executions are outstanding. If you looking for the lowest rate, use that firm.

I am starting to do some research on how the best source to trade for our friends in Canada and on other continents. Look for an edition in a week or two.
 

Family Room (OTC BB: FMLY); Paris Hilton Joins The Family

Who's the hottest media darling for the tabloids right now? Britney Spears? Jennifer Anniston? J Lo and Ben? Paris Hilton has to be right up there in the paparazzi pool of tabloid darlings.

The recent ratings success of the goof ball Fox show "The Simple Life" stunned Hollywood. Hilton was launched into infamy with the underground release of an X rated video in the Tommy Lee/Pamela Anderson genre. Despite law suits, protestations, and embarrassment, this X rated video plastered Paris Hilton's face on the cover of every magazine on the newsstands, and made her the hottest property in Hollywood. Do you think it was an accident? Certainly, the Fox Network had to love it.

Coming right on the heels of the X rated, underground video was The Simple Life, another Fox network blockbuster reality show. Billed with the phrase "From the Penthouse to the Outhouse" Beverly Hills spoiled rich girls Paris Hilton and Nicole Ritchie move to an Arkansas farm to live with a hard working rural family.

The show was a smash hit, and the reunion show has already been broadcast. It seems the American audience cannot get enough of Paris Hilton. 

In a press release which came out just before the market opened, Family Room disclosed it has acquired the rights to produce "Guest List Only". This documentary will chronicle the clubbing scene in LA, and feature Paris Hilton.

Once produced and ready for commercial introduction, audiences will be foaming at the mouth to watch this documentary. No doubt, it will be shown on or sold to MTV or the like. The right to broadcast the production in Japan will garner a huge fee. Paris Hilton is a superstar in Japan, and is mobbed everywhere she goes.

Having Paris Hilton associated with a Family Room production might explain the recent surge in volume of the stock. Family Room has traded over 20 million shares this year, eclipsing all volume records by a significant margin over the entire four year history of the trading of this stock.

Because of the high profile nature of the Paris Hilton association, this is the kind of news that could eventually bring significant new interest to shares of Family Room. Watch for mentions in People, Variety, USA Today, and the like.

The company is on a tear fundamentally, going into production on three new films in the first half of the year, and expecting to get a significant paycheck when a major studio goes into production on a planned three movie series remake of Amityville Horror.

To date this year, shares of Family Room have performed beautifully. As you can see from the chart, the stock moved up the charts as if shot out of a cannon, and has recently taken a brief and well earned breather. Technically, it could be poised for the next leg up.

There is nothing but growth in the immediate future for Family Room, and I believe this stock is destined to attain new levels soon. I am absolutely convinced this stock will achieve the $.25 level I forecast in 2003, and it is only a question of time. If they have a hit movie, you might end up moving the decimal one space to the right on the stock price. A $5 million windfall from a hit movie, an every day occurrence in Hollywood, would yield $.125 per share in earnings and easily justify a $2.50 stock price. 

Make no doubt about it- with this company, it could happen. Accumulate for a significant return. In the high risk penny stock arena, this is a relatively low risk situation.

Full text of the press release after the following bulletin:
 

Project Group (OTC BB: PJTG): Profit Alert

In the January 10th Trading Alert on Project Group, I forecast a short term move for the stock which would carry it to the $.25 to $.30 range. The stock overshot my mark yesterday, making a new high of $.33. Fromthe $.20 level on January 10, this equates to a 65% return in 11 days.

If you were in this one for a short term trade, it is now at about the $.30 level. However, the company is expected to grow three fold in 2004 and report it's first profit. Therefore, a pullback from here might be best viewed as a buying opportunity. If you were only in it for the short term, taking your profit might be in order. Longer term, I believe the stock is going higher.

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 a fee of $25,000 by Family Room Entertainment for coverage through January 31, 2003. An additional 150,000 free trading shares have been paid by a third party. On February 1, 2003, Family Room extended its contract with MarketByte LLC for coverage through the remainder of 2003 for a fee of $30,000 in cash and 300,000 shares of restricted stock. In December 2003, Family Room extended its contract with MarketByte LLC through 2004 for an additional 2 million shares of newly issued, restricted common stock. The 2 million shares are now registered and free trading. 300,000 shares remain restricted. MarketByte LLC has been paid a fee of 300,000 free trading shares for coverage of Project Group by a third party.

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