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To OTC Journal Members: 
 

  Comments in the BLOG  

Yesterday morning I posted a new BLOG on Platina Energy Group's (OTC BB: PLTG) Q3 Earnings report. The company is simply not delivering the numbers we were hoping for by now for several reasons. Read the BLOG for my comments and thoughts on what to do from here.

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 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) Expansion Continues

Spicy Pickle was out with news this morning suggesting the company's future my not be as "bleak" as some would have you believe. In fact, I suspect this stock is getting cheap enough to where it could become a buy. Perhaps a little year end tax selling will take it down to irresistable levels.

I am only recommending a couple of microcap stocks at this point, and SPKL is not one of them- yet. If the management continues to find ways to expand while lowering overhead, and possibly raising a little cash, it will become a buy once again.

The timing of this recession is unfortunate for SPKL- all they needed was one more year of normal expansion to have a profitable business model on an ongoing basis. Instead, the credit crunch has killed the financing sources for franchisees, and most are in stand still mode right now until liquidity comes back.

Today, the company announced a franchisee has signed a new lease in San Antonio. The new location will be at the University Square shopping mall near Interstate 10.

The second part of today's news concerns a new Bread Garden location in Vancouver. This is will be a drive through location, and management sees an opportunity to learn if a drive through concept can be a viable part of the expansion campaign for Bread Garden on a go forward basis.

At the end of the release CEO Marc Geman states SPKL continues lowering its overhead commensurate with their ongoing revenue stream. If revenues continuing going up, and expenses keep coming down, a profit will be the inevitable result. It will just be a question of time.

Once and if achieved, a profit will be an opportunity for shareholders. Stand by for more news. Click Here to read today's news.
 

China Energy (OTC BB: CGYV) Trading Up in a Vacuum

There's no news on CGYV, but the behavior of the stock is interesting for those who are around to watch the action.

If you're a believer that the next high will be higher than the last high, now is the time to accumulate. I can't say when it will surge again, but the last two surges have taken the stock to higher highs.

The big price bar surge you see on the right hand side of this chart is related to about 10,000 shares of buying. That's virtually nothing, and suggests the next volume surge should take us on to a higher high.

Those following this situation what might to take advantage of some favorable pricing this Holiday week and get in ahead of the next surge.


I don't expect much to happen for the remainder of this week, so this will be the last email newsletter until next week. Have a happy and safe Thanksgiving. We all have less than we had last Thanksgiving, but it's more than most of the people in the rest of the world. We truly have a lot of reasons to be thankful.

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