Email : info@otcjournal.com
URL : http://www.otcjournal.com
To
OTC Journal Members:
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Daily
Market Commentary |
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Too much information can be crippling.
For zealous market watchers like myself, financial news flow is like an
artichoke. You have to strip away the hard exterior to get to the heart
of the key market moving information in the middle.
This week we introduced a new feature
avid market followers will find valuable. Each day at about 9:15AM Eastern,
6:15AM Pacific, you will be able to find "Daily Market Commentary"
posted at the home page of the OTC
Journal.
The Daily Market Commentary is
a five minute read which summarizes the most important market related news
of the day. It cuts through all the noise in the financial media, and provides
you with the bottom line information market followers need to know about.
If you want to start reading the
Daily
Market Commentary, simply go to www.otcjournal.com
each morning about the time the market opens for today's edition.
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Profit Alert-
Cam Commerce Solutions (NASDAQ: CADA) |
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I've published five editions featuring
Cam
Commerce over the past year. The first edition was published on February
28, 2003. It was a Trading Alert on CADA at $4.30.
Assuming
you own the shares under $5 after that first publication on the
company, your net return based on the current market for the stock is now
about 120%.
My last edition on CADA was
published on January
27th. I suggested investors might take some or all of their money off
the table if and when the stock attained the $12 level.
As you can see from the chart, CADA
briefly eclipsed the $12 level earlier this week, thereby achieving the
target price. If you want to sell some or all of your position at $12,
one strategy would be to place a GTC (good till canceled) limit order with
you brokerage firm at $12. The sell will probably be executed the next
time the stock trades up to $12.
This stock is clearly under accumulation,
and there may be considerable upside above $12. The company's recent quarter
report was outstanding. Both revenues and profits are growing. Margins
are also improving as the company evolves to a recurring revenue stream
business model.
I believe one of the most common
mistakes investors make is to sell their winners and keep their losers.
CADA
has been a big win. There's nothing wrong with taking some money off the
table at $12, but I believe this stock could trade even higher. I wouldn't
be a buyer at this price, but I definitely wouldn't sell your whole position.
The choice is yours- after all it's your money.
The editions I publish when a company
is doing poorly are far more important. Congratulations if you participated
in CADA. To paraphrase Moses: "Let My Profits Run".
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Profit
Alert: NetWork Installation (OTC BB: NWIS) |
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NetWork Installation made
an explosive move earlier this week on the heels of Tuesday's announcements
of both the acquisition of Del Mar Systems and their associated entry into
the explosive VOiP market.
The stock was at the $2.50
level last August when it began to appreciate slowly but surely for the
ensuing six months. This week's action was the first prolific move the
stock has made since the aberration last August which took the stock from
$.80 to $6 in three days.
Congratulations to those who have
been accumulating this stock. Your patience is being rewarded.
This is one stock I would definitely
suggest you continue to hold. The company is on the front end of a multi
year ten fold expansion in its two core competencies: the Wireless Internet
Infrastructure Build Out, and the long awaited commercial availability
of VOiP.
Volume has now picked up considerably
in this stock, so those of you who were concerned about the liquidity can
rest easy.
With additional volume there could
also be more volatility. In the case of NWIS, I would look at any
pull back as an opportunity to accumulate more.
Charts Provided Courtesy
Of TradePortal.com |
