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To OTC Journal Members: 
 

The Greatest Symbol of All Time

The DOW was down nearly 600 points at the open today, and stocks are getting absolutely clobbered.

One large European banks borrowed a bunch of money from the EU, and the world is now assuming Europe is now about to implode like the house disappearing into the ground at the end of the movie Poltergeist (if you remember that one).

While looking at Europe, I found a new favorite symbol. I'm a fan of stock symbols that accurately reflect what you're investing in.

Up until today, my all time favorite has been Tianli Ag- this is a company in China that raises hogs. The symbol? You got it: OINK. Is that the greatest symbol of all time? Used to be until today.

My new favorite symbol:

Europe is in major turmoil right now. Want to buy an ETF that is supposed to be a double short against Europe? You'll make money betting Europe will get worse. Try:

EFU....., and let your imagination take over from there.
 

Another Sunday Winner

My Sunday win string just keeps rolling. I believe the Sunday editions have provided winners 3 out of 4 times, which is no small feat for penny stock investors.

This past Sunday it was newly minted Gold exploration company Lone Star (LSTG).

The first trade this Monday morning was $.92- low trade $.87.

It's only Thursday, and the stock is now trading at $1.07- that's 20% to 23% in three trading days- and that's real money for those of you who acted at the open. Not just some quick print that was meaningless.

I would suggest raising your stop in case the stock reverses course, but so far, a huge win in 3 days.

Stand by for more great trading ideas.

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7 Minutes To Wealth
May 12, 2012

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Market Summary
Nasdaq 2857.51 +10.30 (+0.36%)
Russell 2K 766.65 +2.01 (+0.26%)
S&P 500 1323.98 +7.99 (+0.61%)
S&P 100 603.99 +4.15 (+0.69%)
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