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To
OTC Journal Members:
There's some new commentary in the
BLOG regarding Ufood (OTC BB: UFFC) and some recent news out of
China and how it can affect FXI- one security that has appreciated
40% since I first suggested owning it. There's also two new eLearning
video clips- there's technical comments on CGYV and the Financials
as they relate to XLF and FAZ. Check the home page for the
latest.
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.
If you submit a comment or question, it will not appear on the site until
I have responded.
To use the BLOG, simply go
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- 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.
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Single Touch Systems (OTC
BB: SITO): No One Cares, So Be Opportunistic |
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Single Touch is a new idea
I shared back on March 30th at $2. Within four trading days the
stock traded to a high of $2.50, at which point you could have taken
a great short term profit of 25%. The stock then fell apart- for
now.
This company dominates a new frontier
in digital marketing you have not heard of yet, but it's coming in a big
way. SITO owns the market for ADC's- Abbreviated Dial Codes
for your cellular phone.
Hit #WMT for WalMart,
#TAXI
for a taxi, or #MTV to download a ring tone. This is going to be
huge, and it's on the way. AT&T is their marketing partner for
the service, and they're lining up customers.
Back in late March SITO announced
it would be handling all the data processing for Nextel Mexico,
and the stock went nuts. It traded great volume for a few days, then came
back down.
Here's the chart, and here's my message.
The stock is very quiet and no one is interested right now. Nobody cares.
No interest-no volume.
If you are a trader, and looking
for a quick in and out, this one is not for you right now. The volume isn't
there today. However, if you are opportunistic and have a little
patience, now is the time to accumulate this stock.
I can't disclose a lot. I can tell
you they have a very robust program with AT&T. WalMart (NYSE:
WMT) sees them as a key component in the digital marketing efforts
going forward in ways you can't even imagine yet.
In the interim, own it while it's
cheap and no one wants it, and do it now. When they're piling back in,
you can be a seller. It just takes a little capital, faith and patience.
Own
it now while no one wants it. It's a very low risk entry point
for a high risk/high reward situation, and your time will come if you act.
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Do You Twitter? |
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About a year ago I asked my techies
if there was any way we could get ideas to investors with text messaging
to cell phones. I was prepared to spend some money as I saw this as the
easiest way to quickly notify investors of important events.
The folks at TWITTER did it
for me, and it's all free. Worth waiting for. Set up your TWITTER account
(free), and become a follower of the OTC Journal. I'll use it for
quick updates and coming events.
Just go to www.twitter.com,
and enroll. From there, adding to your Twitter network is a little
tricky, and there's a learning curve. Then, go to the home page at www.otcjournal.com,
and click on the "Follow" button on the Twitter box. Or,
go directly to http://twitter.com/otcjournal.
Sign up today, join as a follower,
and I'll start using it to everyone's benefit. Tell your friends to sign
up as well.
Home Page : www.otcjournal.com
Email Questions or Comments To:
editor@otcjournal.com
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