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July 2008
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July 19, 2008 : OTCJ: Vomiting From the SEC's
Comments in the BLOG For all of you who were following the trading strategy I laid out in last weekend's edition for shorting large caps into earnings releases, you probably have figured out by now that I have pretty much abandoned that idea. The Daily BLOGs have contained no short term trading ideas...
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July 18, 2008 : Natural Health Care
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July 17, 2008 : OTCJ: Spicy Pickle Notches #42
Spicy Pickle (OTC BB: SPKL) Notches #42 SPKL announced store #42 is now open for business. It is located in Michigan- Portage, Michigan to be precise. Michigan represents the 14th state for Spicy Pickle. The Michigan franchisee has committed to opening 10 stores in the Kalamazoo- Grand Rapids- Ann Arbor...
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July 15, 2008 : OTCJ: Platina: $1/2 Billion In Independent Report: Today's Earnings
How's Ugly Working So Far? If those who took the time to read my weekend edition on How To Make Ugly Work For You, so far there has been one stock to look at. Genetech (NYSE: DNA) reported earnings post close yesterday, and there was a brief opportunity to take a profit on a short trade or a put option...
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July 12, 2008 : OTCJ: How Ugly Can Work For You In Earnings Season
How Ugly Can Work For You in Earnings Season This market environment is giving me flashbacks of the Post 911/Dot Bomb meltdown era. It is simply an ugly Bear Market, and with each successive trading day it just seems to get uglier. If you are long any stocks today, you simply need to have a long term...
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July 10, 2008 : OTCJ: Larry's Look At Today's Rodeo Ride
Today's Rodeo Ride: Going Long RIMM Another rodeo ride in the markets today. This is about as volatile a market as I can ever remember. I need Dramamine. The rumored insolvency of FreddiMac and Fanny Mae had the market all riled up today, along with the $5 rise in oil prices. Here’s a chart that is...
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July 07, 2008 : OTCJ: Home To A Whole Lot of Ugly: Close out QID; TraceGuard's Major
Home To A Whole Lot of Ugly: Close out QID I was home at the end of last week for the first time in 10 days. While I was away the market simply got a whole lot uglier. Wow, what a melt down. I'm just about caught up with correspondence- all your BLOG questions are answered and I have a few more in my...
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June 2008
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June 30, 2008 : OTCJ: Platina Updates Production. And, Is the Pickle Bottoming?
Energy is just flat out getting goofy and technically, we don't see it coming back to reality anytime soon. $150 a barrel seems inevitable and $180 to $200 is not out of the question, not yet anyway. So, I hope many of you took our suggestion of playing the broader markets to the short side. Until proven...
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June 23, 2008 : OTCJ: Platina Goes to Pluto and Back
Platina Goes to Pluto and Back Welcome to the erratic world of micro caps. For those of you who missed it, just this last Thursday we launched a new feature profile on Platina Energy Group (OTC BB: PLTG), a small but potentially exciting oil & gas production company with properties in Kentucky...
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June 22, 2008 : Friday's Meltdown and Special Announcement
Special Announcement: Limited Service Until July 1st It's time for a little vacation. Normally, when I take a trip, it's somewhere there's an internet connection and I keep up to date on my notebook computer. Next week I won't have that option. I'll be out of touch with the electronic world temporarily...
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June 19, 2008 : Platina Enegy Group: My Kind of 12 Cent'r
Platina Energy Group (OTC BB: PLTG): My Kind of Twelve Cent'r It's a recipe Betty Crocker herself would be proud of. It's a recipe for successful speculation on low priced stocks. Here are the key ingredients to bake into the cake: Find a company in the hottest sector- the one investors are piling into...
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June 17, 2008 : OTCJ: Pickle Turns 41 and 13; The Short Reload
The Short Reload: We're There Here's an update for those of you who have been following my trade to make money by betting on what I believe is a corrective phase in the market. It's not complicated- it's simple. After a brutal January to March, the market simply steamed up the charts for two months...
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June 14, 2008 : Oil's Impossible Moon Shot: How High Can We Go?
Oil's Impossible Moon Shoot: How High Can We Go? Here in the good old USA, the price of oil is making it rough on all of us. Not only are prices north of $4 per gallon at the pump, but the ripple effect throughout the entire economy is causing skyrocketing prices in other consumables as well. The one-two...
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June 11, 2008 : Pickle Turns 40: Short Targets for NDX
Comments in the BLOG There are a couple of new BLOGs up for your review- yesterday, I posted a BLOG on my current open short trade on the NDX through QID and an update on eFoodSafety (OTC BB: EFSF)- which as we all know is making new all time lows. Check the BLOG to read my current thoughts. The BLOG...
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June 07, 2008 : OTCJ: The Trade That Paid: At the Tipping Point?
The Trade That Paid: At the Tipping Point? Friday was pretty ugly in the markets, and I would almost be jubilant if it were all about one trade. However, it's not, and Friday was not a positive for the bigger picture. It was a 1 - 2 punch in the gut for the economy- Oil spiked $10.75- about 8% in one...
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June 05, 2008 : OTCJ: Short, and Getting Shorter
Short, and Getting Shorter Here's an update for those who have been following my latest trade on the NASDAQ 100. I jumped into QID a couple of weeks ago on the premise the market was due for a correction, and the NASDAQ 100 would participate in a big way. QID is an ETF that trades inversely to QQQQ...
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May 2008
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May 31, 2008 : OTCJ: PhotoChannel: So, What's the Big Deal? A Review
Comments in the BLOG Late Friday I published a BLOG on the status of my current suggested trade- short the NASDAQ COMP through QID (AMEX: QID). This particular security trades as a negative proxy to the ETF for the NASDAQ 100- QQQQ. If the QQQQs go up 2%, the QID trades down about 3%, and vice versa...
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May 30, 2008 : Merriman Curhan Ford & Co.'s Research Report on PhotoChannel Networks, Inc.
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May 28, 2008 : PhotoChannel: Big Development- I Mean Really BIG!!!!
PhotoChannel (OTC BB: PNWIF) Game Changer If you read my BLOG yesterday afternoon, you know PNWIF had perked up a bit during the trading session, and now we know why. PNWIF announced an absolute game changerpre open today, and if the market recognizes the magnitude of today's news, we could be in for...
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May 20, 2008 : OTCJ: Correction from Today's Obese Market Trade
Correction From Earlier Publication As a number of sharp readers pointed out, I made an error in today's publication. I was suggesting traders look at the June or July 38 Calls on QID as a way to short the market for a lot of upside without commiting much capital. As it turns out, I inadvertently published...
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May 20, 2008 : OTCJ: Obese Market; Pickle Open #39
An Obese Market Oil cranked up through $130 today- the dollar is giving back some of its recent gains. The market is starting to give some ground. I moved back into the money on my short position in the market- as covered in the weekend edition. In case you missed it- here's today's idea for a trade...
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May 17, 2008 : OTCJ: A Heavy, Heavy Market
Comments in the BLOG There two comments from this past week of note- I blogged a quick presentation on a heavy market, which I'm going to expand on in today's edition, and a couple of paragraphs on Nighthawk's (OTC BB: NIHK) Q1 quarterly report. Before the end of the weekend, I'll deliver an expanded...
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May 13, 2008 : OTCJ: eFood Update: Moderate Sales Growth with Buckets of IP
eFood Update: IP Plentiful- Sales "Moderate" After reading today's rather comprehensive update from eFoodSafety, one word popped into my head- Truthful- this is probably a darn good 25,000 foot view of where the company is in the process of commercializing it's IP (Intellectual Property) portfolio...
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May 09, 2008 : OTCJ: When Main Street and Wall Street Diverge
When Main Street and Wall Street Diverge Main Street and Wall Street are clearly out of sync right now. Large cap and big momentum stocks have come back beautifully since the massive Q1 drubbing, but small stocks are still trading in a virtual coma- we're just not seeing the kinds of volumes we need...
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May 06, 2008 : Pickle Opens #38; Texas Expansion Continues
Pickle Opens #38- Texas Expansion Continues Despite the rather boring performance on the chart, Spicy Pickle has now gotten back on the new store opening bandwagon, and is announcing a second new store opening in as many weeks. Today, just after the market closed, SPKL announced its third Austin, Texas...
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May 01, 2008 : The FED Love Fest
The FED Love Fest Wednesday's FED decision was exactly what the market wanted. One and done. The FED lowered the discount rate 1/4 point, and stated it would probably be the last interest rate cut. The market is now expecting the FED to start raising interest rates in December. I know many of you will...
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April 2008
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April 26, 2008 : OTCJ: This is Not Your Father's Recession
This is Not Your Father's Recession The consumer sentiment reading came in at 64 on Friday- that's the lowest rating since 1983- BTW- 1983 was the start of a strong 17 year bull market. The forces hampering our economy at present are far different than the forces we endured in the 70's and early 80's...
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April 25, 2008 : OTCJ: CREE Reviewed- Perfect Pullback
Comments in the BLOG This week's BLOG entries were all about CREE (NASDAQ: CREE). Those who have been following my commentary on CREE should recall I have been suggesting owning this one at about the $26 level. Above $30, in this market environment, I would suggest selling covered calls, which is a...
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April 22, 2008 : Spicy Hits Michigan
Spicy (OTC BB: SPKL) Hits Michigan Fresh off last week's first open forum conference call, Spicy Pickle is out with more substantive news. The stock has begun a rebound phase, but clearly is not ready to simply rocket up the charts. It's not that kind of market environment, so it's hardly surprising...
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April 19, 2008 : Nighthawk: Five Fold Growth This Year? Here's How
Nighthawk (OTC BB: NIHK): Five Fold Growth This Year? Here's How This past Wednesday Nighthawk put out its 10k annual report, and this massive, completely boring document, sets the stage for what could be a breakout year for the company. A wonderful read if you have insomnia. 5% of it is important...
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April 16, 2008 : Pickle Delivers Surge In Same Store Sales
Pickle (OTC BB: SPKL) Delivers Surge In Same Store Sales Marc Geman, CEO of Spicy Pickle, will have something Spicy to discuss on today's conference call, which probably will have ended by the time you read this edition. As the company disclosed just at the close today, the revenues at Spicy Pickle...
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April 16, 2008 : Pickle Conference Call Reminder
The Pickle (OTC BB: SPKL) Call Reminder: Today at 4:15 Eastern; 1:15 Pacific As a reminder I encourage all investors interested in Spicy Pickle to tune in to today's conference call. It will begin 15 minutes after the market closes- that's 4:15 Eastern, 1:15 Pacific. This is the first conference call...
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April 12, 2008 : The Pickle Wants To Hear From You!
Comments in the BLOG RIMM-UGH- right idea, wrong security. Watching that stock fall apart on Friday and hitting $115, as I predicted it would, was painful in that I had been blown out of the short term puts I suggested for a high risk trade at a loss. For those of you who are still in the trade, a couple...
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April 05, 2008 : Micros Showing Sign of Life: Two Looking Very Strong
Comments in the BLOG Lots of Blogging for your entertainment and education on the RIMM trade I am in fairly heavily this week. So far, I'm not doing too well. While I still believe the trade will make money to some extent, my timing on really loading up on those put options was not great. I should have...
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April 01, 2008 : RIMM: To Short, or Not To Short?
Comments in the BLOG As posted in today's BLOG, I closed my SPY trade within an hour of the open at $134.29 for a net gain of $2230 in two trading days. The market then continued to "melt up", and I ended up leaving another $2k on the table- such is life. Today, bad news on financials (UBS), and bad...
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March 2008
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March 29, 2008 : Next Week's Big Trade: RIMM
Comments in the BLOG You will find a newly posted BLOG with a complete update on last week's annual 10K filing of the audited financial statement from Spicy Pickle (OTC BB: SPKL). Definitely worth a read- this stock will be much higher in the next Bull Market in my view. Read my comments, and find out...
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March 24, 2008 : V2K International: New Parner, New Future
V2K International (OTC BB: VTOK) Check Out The V2K Video You can watch today's video before or after reading the presentation. Simply go to the home page at www.otcjournal.com, and you will find it. Alternatively, you can click here to go directly to the proper page. It should simply play on your computer...
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March 22, 2008 : A FireStorm MeltUp? A New Idea For Monday
The Firestorm MeltUp- Could It Be Coming? As I observed in Thursday's edition, we could be coming to the beginning of the end of the Bear Market. I believe there is still a lot of volatility ahead, but we could be close to an extended period of upside bias. Bernanke's recent moves to create liquidity...
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March 20, 2008 : Death of the Bear Equals Death of the Bear? eFoodSafety Mulligan
Comments in the BLOG It was a big week for me, and I hope at least of few of you were paying attention on Monday morning and followed my lead. Sundays are usually devoted to sports around my house- either playing, watching, or both. Financial news takes a back seat. However, I caught the news about...
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March 17, 2008 : Pickle Shareholders Learning To Love Texas
Today, just post close, SPKL announced it has inked a seven store franchise agreement in San Antonio, Texas. In total, Texas is now accounting for 25 current and future Spicy Pickle locations, more than the 23 in home state Colorado. With the Dallas/Ft Worth area still to go, Texas is proving to be fertile...
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March 14, 2008 : Testing the Theory: The VIX Cooperates for a Trade
Testing The Theory: The VIX Cooperates For A Trade The market cooperated today and gave us an opportunity to test the idea I shared in the mid week edition- The idea of using the VIX index to measure extreme levels of fear and complacency, then using those extremes levels to place a bet that the pendulum...
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March 12, 2008 : Use the VIX To Trade Extremes; Bernanke's Latest Move
Bernake's Move: The Beginning of the End of the Bear? Ben Bernake went shopping yesterday and bought a rally. In a move that would out spend even Bill Gates, he pledged $200 billion of the government's money to buy a one day short covering rally- so- was it a wise investment? Because, in reality, he...
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March 06, 2008 : eFoodSafety: The Winds Of Change Are About To Howl
eFoodSafety (OTC BB: EFSF): The Winds Of Change Are About To Howl I cover a number of situations in the OTC Journal, but the one I get most questions, observations, whining, and complaining about is eFoodSafety. It's probably because of the unmet expectations in 2007. Whether the company was too optimistic...
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March 01, 2008 : A Look At The Future
A Look At the Future Flip on the financial channels right now all you will get the biggest smorgasbord of conflicting viewpoints on the stock market and the economy I have ever experienced in the 22 years I have been investing in the markets. I can remember when CNBC was FNN (Financial News Network...
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February 2008
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February 27, 2008 : Pickle's Purchase Brings 20 Fold Top Line Result
Comments in the BLOG I hope at least of few of you followed my weekend trade and took a shot at my suggested option trade on the Time Warner (NYSE: TWX) calls. I bought first thing Monday morning, and closed out yesterday with a one day $1,000 profit on a $6500 investment. That's 15.3% in one day, or...
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February 23, 2008 : Apple Comment; Trade For the Week; Using RSS Feeds
RSS Feeds: A Great Solution In A Filtered World Emailing has become a bit fickle over the last couple of years. Spamming rather crude sales pitches for everything from Viagra to $50 million free money from Nigeria, to identity theft still jams our inboxes. There are filters everywhere to catch offending...
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February 20, 2008 : Spicy Pickle Inks Five New Locations
Comments in the BLOG There was one new BLOG posting for your review this week. Yesterday, about mid way through the trading day, I suggested those who were looking for a rebound in TTGLE on some long awaited positive developments should go ahead and consider trading out of their positions. Crazy stuff...
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February 17, 2008 : Two Bear Market Trades For Right Now
Two Bear Market Trades For Right Now Can you make money on the long side in a Bear Market? Sure, but you have to change your approach. In a Bull Market, you can buy momentum stocks for a trade. Another words, if a stock is going up, you can buy it, as it will often keep going up- sometimes for many...
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February 10, 2008 : I'm Getting CREE'D; Teeth Of A Bear
The Teeth of a Bear Here's a new flash- yes, we are in a Bear Market. This is a market environment characterized by a general decline in stock valuations, lower volumes, and fears of deteriorating economic conditions. How long will it last? Typically, these Bear Market corrections last somewhere in...
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February 07, 2008 : PhotoChannel Networks: Anatomy of a Victory
Comments in the BLOG There were two new BLOG postings for your review this week. First, I covered an 8K filing on Titan (or should I say Titanic) (OTC BB: TTGLE), which had more moderately disturbing news contained within. Secondly, I covered the year end audited financial statements issued by PhotoChannel...
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February 04, 2008 : Pickle Powers Past The 125 Store Mark: Houston Will Have 10
Pickle Powers Past The 125 Store Mark: Houston Will Have 10 If you live in Texas, it is becoming more likely you will be seeing a number of these in your neighborhood at some point in the not too distant future. I'll make today's edition a quick read. SPKL continues to be the one company that doesn't...
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February 02, 2008 : The Titan Mess: Anatomy of a Disaster
The Titan Mess: Anatomy of a Disaster I strongly recommend the continued accumulation of TTGL with an eye on another double. Could take six months to a year, but worth waiting for. Fundamentals suggest a far higher valuation. October 20, 2007 OTC Journal BLOG Titan Global is rapidly becoming an oxymoron...
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January 2008
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January 31, 2008 : Pickle Keeps Rolling: Company Store Expansion Accelerates
Comments in the BLOG There was a pretty ugly downside surprise out of Titan Global (OTC BB: TTGLE for now) this week, and I'm not quite sure what to make of it so far. I can't decide if this distressing turn of events is fully priced into the stock and there's upside, of if management's display of incompetence...
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January 26, 2008 : Bear Proof Income Ideas
Comments in the BLOG There were two new BLOGs posted earlier today. First- some comments on the harsh reality that Southland Health Services aka Bad Toys aka Paladin Holdings is officially dead. In my view, all of our dividend shares in Southland are simply worthless, and will never have any value...
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January 23, 2008 : The Big Giant Woosh
Comments in the BLOG There were two new BLOGs posted earlier today. First, a recap and some comments on Spicy Pickle (OTC BB: SPKL) which has held up rather well in the current market meltdown, and Apple Computer (NASDAQ: AAPL), which has done just the opposite. Comments on both for your review. The...
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January 16, 2008 : Pickle Invades Tinsel Town: Coming Attractions
Coming Attractions Recession? Little doubt the market now believes the US Economy is clearly going into recession. The market is now in the process of pricing equities for a major economic slow down, and stocks are simply getting killed across the board. After reviewing some of the data and commentary...
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January 13, 2008 : Drubbing in '08: Where To From Here? AAPL's Big Week
Comments in the BLOG There were a couple of new BLOGS posted this week. I posted an update on Apple Computer (NASDAQ: AAPL), and the unfortunate total demise and bloodbath in Titan Global (OTC BB: TTGL), for which I have no explanation. I know we are in a tough market, but TTGL is really ridiculously...
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January 08, 2008 : Pickle Invades City of Broad Shoulders: Chicago Gets Five More Stores
Pickle Invades City of Broad Shoulders: Chicago Gets Five More Stores 2007 is a wrap for Spicy Pickle, and the company ended up hitting the 36 opened stores mark at year's end. For those of you who might be disappointed by SPKL for not reaching the 40 store number forecast by management- not to worry...
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January 06, 2008 : The SEC Helps U: New '08 Regs Change the Micro Playing Field
Comments in the BLOG The only new BLOG I posted towards the end of the year had some comments on Apple Computer (NASDAQ: AAPL), and that was it for the vacation week. The first three trading days of 2008 have been very rough on the markets, with Friday being a "cash at any cost" blood bath. The "R...
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January 03, 2008 : TraceGuard Management Moves Towards The Money
Comments in the BLOG The only new BLOG I posted towards the end of the year had some comments on Apple Computer (NASDAQ: AAPL), and that was it for the vacation week. As 2008 progresses, new stories will unfold, and older ones will either make progress or fall by the way side. At the end of the weekend...
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