To OTC Journal Members:
 

Comments in the BLOG

With all the excitement going on in new idea Spicy Pickle (OTC BB: SPKL) I don't want to be remiss with the other ideas I currently believe in as well. The last two months have been really good if you participated in some of my current ideas included Apple (NASDAQ: AAPL) going through $150 (my call at $95 in March), and Cree (NASDAQ: CREE), bouncing off $34 (up from $24.50 in August).SPKL has been treating us very well in the early going, up from Monday's open in the $.75 to $.80 range, the stock has already seen a high of $.96 Not bad for the first few days. I don't want to forget penny stock favorite Nighthawk (OTC BB: NIHK)- a big money maker for OTC Journal followers twice in the last 2 years. It is in much better shape this year than the last two at this time, so another run is inevitable at some point. There is a new BLOG on NIHK posted for your review, along with a BLOG from the first day of trading in SPKL.

The BLOG is your opportunity to ask questions and offer comments. I will make an effort to answer every legitimate question. If I don't know the answer, I will contact the management and get the answer. Alternatively, if you have questions you don't want publicly displayed, you can always email me directly at editor@otcjournal.com.

To use the BLOG, simply go to the home page at www.otcjournal.com - the BLOG scrolls down from the upper right hand corner. The most current journal entries appear on the right hand side of you screen. Check back frequently for updates particularly when stocks are moving to overbought or oversold levels in volatile markets.
 

Spicy Pickle (OTC BB: SPKL) Goes Gator

Jeez, I hate that picture. I look too stiff. It's probably because my back hurt while I was standing there. I'm going to be doing a lot more video, so I need to relax a little. Maybe I'll get a stylist- perhaps they could do something with my hair. Nah- too late.

Nevertheless, if you have not seen the Spicy Pickle video, I implore you to watch it. Invest 15 minutes of your time. People are loving it, and the stock is trading extremely well. If this volume holds up, I believe higher levels imminent in the not too distant future.

Just to clarify one point I made in my original presentation- as the company stands today, I believe the stock is worth $1. Now, probably more with today's news. That doesn't mean my price target is $1- I am looking for more like $2 in 2008. However, if you own it up to $1, you are betting on news of more growth to fuel the stock to higher levels. It's a pretty good bet considering the company has grown 5 fold in two years.

Today is their first formal growth announcement as a public company. Spicy Pickle is going to Gator country. I'm not talking about the reptile- I'm talking about the University of Florida. 

I have nothing bad to say about the University of Florida. Two of my cousins went there. However, I think it's a bit selfish to have the NCAA Football and Basketball Championship teams in the same year. Has any other University ever done that? My Buff brothers and sisters are eating their hearts out.

In addition to their stellar Collegiate sports teams, they will soon have a Spicy Pickle restaurant to enjoy. Today, just after the market closed, Spicy Pickle announced they have signed a new franchisee to open a store in the Gainseville/Ocala area. The real estate acquisition team is on the ground in the area now seeking a first location for this new member of the team.

I believe this is the first of many such announcements you will reading about in the coming days. Let's have a look at the chart.

Here's what strikes me. Volume is holding up great. Investors are finding out about the company. The stock is working higher. I have been watching it trade, and so far it has traded up early every day this week, and come back down later in the day. This chart does not reflect Thursday's trading, as I had to prepare it Wednesday night.

Therefore, if you are looking to accumulate a position, and want to trade smart, don't jump in first thing in the morning as long as this pattern continues. Either place a limit order a bit below the market, or wait until the second half of the trading day to see where we are.

Florida becomes the 15th state to have a Spicy Pickle location. More are coming. There's just on more thing I ask you to do- go try the food. I can't stress it enough. Expose yourself directly to their product, and decide for yourself if this company will continue its rapid expansion. If there isn't one close to you, ask a friend or relative to do it for you. If the individual stores continue performing as the newer ones have, there will be a lot more of them around. And, don't forget- they already have their next two years of growth in hand. They will be opening new stores out past 2009. 

Here is the complete text of today's news for your review:
 

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