Email : info@otcjournal.com
URL : http://www.otcjournal.com
To
OTC Journal Members:
What a Week!
Unbelievable volatility in the markets. If you survived without a
margin call- congratulations. If you were 100% in cash at the beginning
of this week you should have a lot of fun in the next 30 days. The
market has given back all of its recent gains, and even though you may
be experiencing some short term pain when you look at the value of your
portfolio, this past week's action sets us up for a great 2000. In
this edition we are going to cover a company that we have not updated you
on in a long time- Neptune Society (OTC PS: NPTN). The stock
has been rock solid in the last two months and is up this week. Here
are some preliminary notes before we cover Neptune.
 |
Market
Comment |
 |
Yesterday's NASDAQ collapse
followed by complete capitulation in the DOW signaled a good short
term bottom in the markets. Larger cap technology and internet related
stocks have been thrown out the window, and many are trading at 1/3 to
1/2 their values of two weeks ago.
The economy is expanding at a slower
pace, and oil prices are finally beginning to come back down. All
of these factors will help temper inflationary fears, and should allow
the Federal Reserve to stop raising interest rates after one or two more
quarter point increases. The only real inflationary factor left is
the shortage of labor, which could drive up labor costs.
After a couple more days of churning
the larger names that have been slaughtered should rebound, followed by
the smaller stocks that we cover. However, investors will be more
selective about the positions they take. Stocks will no longer go
up because the put a dot-com at the end of their name. Companies
will have to have a legitimate business model for the market to provide
a favorable valuation.
We are very excited about the opportunity
that has been created by this sell-off. Although these can be painful
events, this is much less painful than the six month bear markets we used
to have. Now the damage is over with in 6 days, and we can get on
with business.
We are going to be very aggressive
with ideas in the next two months. Expect a new profile every
two to three weeks. We usually issue one a month at most,
but this down draft in the market has created some outstanding entry levels
for stocks we might have thought were over valued one week ago.
|
VoterVoices.com |
|
It's a Presidential election year.
Politics comes to the forefront, and the frenzy will grow as we get closer
to election day. One of the friends of this newsletter has established
a new web site that you should visit if you have an interest in political
issues.
VoterVoices.com
has been established as a FREE social and political message board in
the spirit of the Yahoo stock message boards. The site is receiving rave
reviews and there are already spirited discussions taking place on issues
such as Should
Gays Legally Marry, Abortion,
Gun
Control, Bush
or Gore,
and the Clintons.
Click on any of them to go straight to that thread.
We also believe that VoterVoices
offers the first national forum for discussion of local politics with message
boards set up for cities and small towns across the country. It is a free
site and when you're done with this edition we highly recommend taking
a look at VoterVoices.com.
The political process is important to all of us, and this site provides
you with a forum to voice your views.
|
StockGroup.com
(OTC BB: SWEB) |
|
Stockgroup is one of the few
companies we follow which has never traded well since we began our coverage
last year. The performance of the stock has been disappointing, but
the company is doing extremely well. In today's news release the
company announced that they have completed a private placement with Deephaven
Capital Management LLC, a subsidiary of Nite/Trimark (NASDAQ: NITE).
Those of you that follow the market know that NITE is both the largest
market maker in the world, and a heavily traded stock on the NASDAQ.
If NITE is willing to invest in the company we like the chance for
our members that own the stock. Click
Here to read the entire text of the news release.
 |
Neptune
Society (OTC PS: NPTN) |
|
We introduced our members to Neptune
Society on October 1, 1999 at $6.38. We liked the company because
they are extremely profitable, have their next 12 years of business already
pre-paid in a trust account, and have a very compelling demographic advantage.
The Neptune Society is the
largest provider of prepaid cremation services in the death care industry.
While this company may not be a high flying technology story, they are
a cash machine, and eventually Wall Street will always pay up for profits.
The company is expanding rapidly through both internal growth and acquisition.
The company has been growing very
dramatically for the last six months, but nobody know about it.
Neptune
Society is another micro cap company that is struggling with the never
ending process of making the transition from a non reporting company to
a fully reporting company. As a result, the NASD has dropped the
stock down to the Pink Sheets, which is the bottom of the over-the-counter
market. Until they are relisted on the bulletin board and subsequently
the NASDAQ, the stock will be difficult to get quotes on and very difficult
to purchase. Based on last year's audited numbers the company qualifies
for a NASDAQ listing right now.
You can find great information and
an accurate quote on the company at www.stockhouse.com,
www.ragingbull.com,
and www.freerealtime.com.
At Freerealtime you must use the ticker symbol NPTN.F.
A current quote is also available on our home page in the Ticker Tour
section, or on the scrolling ticker strip at the top of this newsletter.
In the last two weeks Neptune
Society has announced two major acquisitions. On March 29th they
announced the acquisition of The Cremation Society of Washington.
Yesterday the company announced the acquisition of the Cremation Society
of Iowa. Click
here to go to the Stockhouse page on Neptune Society.
Management assures us that these
two acquisitions are just a preview of things to come. This company
is growing rapidly, and we like growth.
Eventually this stock should be relisted
on the bulletin board, and then move on to the NASDAQ. You can probably
purchase the stock through your discount broker by simply using the ticker
symbol NPTN. However, you will not see a bid and ask where
you go to get a quote. You will only see the price of the last trade,
volume, and high and low for the day. If you buy or sell the stock
you must use a limit order.
Look for a continuing stream of growth
related news releases. They are moving forward and executing their
business plan flawlessly despite the fact that the company has been relegated
to the obscurity of the pink sheets. The stock was up this week in
the middle of one of the most horrendous markets for small cap stocks in
recent memory, and that suggests higher levels in the future.
Now would be a great time to go back
and review our original profile on the company. Since we released
our original profile, a number of the companies we follow have doubled
and tripled. This company has been gotten its legs yet, but is now
well on its way.
To read our original profile, Click
Here. You can also visit our archive section on this company
by clicking
here.
|
Our
Member Survey |
|
On the right hand menu bar of our
home page at www.otcjournal.com,
you will find a new Member Survey button. Please take the time to
fill this out. It is designed to help us improve the newsletter for
your benefit. Click
Here to go directly to the survey. |
