To OTC Journal Members: 
 

The New OTC Journal

The new service is launched. I'm embroiled in China stocks everyday. If you want to follow my China stocks ideas, you're going to have to sign up for that newsletter: www.EMERGINGCHINASTOCKS.com. 

So far, it's working out really well. The timing was lucky, but we're catching some of the hottest stocks in the China sector. My advisor, Tom Xu, is really killing it with our #1 winner- up 134% since October 1st.

Here's the facts. There are 17 ideas on the site. Since October 1st, 15 of 17 are up. The returns range from 134% to 3.5% gains as of last night's closing prices. The only way this model works is as a subscription based product. It runs about $1 a day. You get the first two weeks for free, then anytime up to six months you can ask for a 100% refund of any fees you have invested. I'll refund it on the spot- no questions asked.

Visit www.emergingchinastocks.com and sign up. 

From here forward I'm going to have very limited coverage on the China situations. So, sign up if you have an interest in the sector.
 

Back To My Roots

Here's my confession- I am a serial penny stock investor. A phone call from a friend and 4 letters will generally get a trade out of me. Depending on the source, sometimes I don't even have to know the name or what they do. I love it, and have loved it for 20 years. 

In addtion to all the hot China stocks, there have been a lot of hot penny stocks climbing the charts on the bulletin board. I've been watching a few of them, and feel it's time to get back in the game.

I'm working on identifying a series of hot penny stocks I believe are tradeable, and plan to bring them to you. These will just be trading ideas. You'll get the idea before the market opens, and we'll be off and running. For nimble investors, there's money to be made.

I'll be going back to my roots starting this coming Monday morning. There's a penny stock trade alert coming at the open, and for those who like to trade in this arena, I can assure you I will find the hottest ones out there. 

Stand by.
 

China Update: China Media Express (NASDAQ: CCME)

You longer term followers should remember by June 1 shopping list of China stocks. Firmly positioned as my #1 choice was China Media Express (NASDAQ: CCME). At the time, the stock was $12, and I watched it drop as low as $8 during the summer sell off. I held the stock down from my opening postion at $11.75.

As you can see from the chart, my #1 choice rewarded me with a parabolic move to the upside over these past two months. Short sellers are deep in this one to the tune of 3.5 million shares, and they are getting killed. 

Based on Q3 numbers, I expect this digital advertising company to make the $30 mark next year. Over the past two days there has been some weakness in the China sector along with post earnings profit taking in this stock. A report issued today by AdWeek forecast advertising spending in China to surge from $33.64 billion in 2010 to $59.38 billion in 2014. Those stats are rocket fuel for this stock.

Technically, CCME could trade down to about $13.50, but not likely. The stock got near $17 today, and $17 is probably the right 38.2% retracement level to jump in. This is a very volatile stock. It moves in big gulps.

If you've been on the sidelines watching, this pullback is your opportunity to participate in the next leg up. If you can buy it around $17, I really believe it's attractive. You can place a limit order. The current level of $19 might be the best you get. If you choose to jump in over $17, go partial in case the stock gives you another chance. 

As time goes by you'll get less and less coverage on these hot China stocks, and more ideas in the hot penny stock arena.

Stand by for the Crazy Penny stock idea flow. It starts next Monday morning when the market opens. Put it on your calender, then buckle up and enjoy the ride.

Disclosure: You better believe I'm long CCME, and planning to get longer.

Home Page : www.otcjournal.com
Email Questions or Comments To: editor@otcjournal.com