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Recap |
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I hope you all are making a strong return on the last published idea- Vringo (AMEX: VRNG)- the stock is doing just great. You kids should have been paying attention when I suggested a trading strategy.
When I published the idea back on Sunday, May 1st, the stock had last traded at $1.67. In the introductory piece I suggested if the stock got a little too hot on the first day to wait for a pullback. Sure enough, it opened at $1.80, then made $2.25 that day.
Over the next two days you could have accumulated VRNG at $1.80. That was 10 days ago. Today- $2.46, up from the $1.80 you could have easily bought at. That's 36% in the last week- not bad work if you can get it. Click here to read the edition.
One of the premises of that idea was to buy a stock for $1.80 that had debuted in an IPO at $3.60. I still believe this stock will go back to the IPO price, but you were the first to learn of it.
And, how about that IPRC last month. We started with that one at $.39 and it made $.70 in two weeks- just like a homing pigeon to my target price. You netted 80% on that one. Click here to read that edition- you'll see I'm right on the money. How about TBET- up 40% in one day.
Here's the bottom line- I have a hot hand right now, and I'm planning to have it continue tomorrow after the close.
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Coming Attraction |
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So, speaking of coming attractions- tomorrow post close I'm going to have a new idea along the lines of the VRNG theme. This is a completely unknown company- just like VRNG- that nobody knows about or follows.
And, just like VRNG, it's trading at a very deep discount to where funds were raised. Coincidentally, this one is making a major transformation to a big player from a really small player by virtue of an acquisition and internal growth.
A brokerage firm recently raised this company $1.5 million at $5- and the stock, as I write today's coming attraction, is trading at $2. There's very few shares out there, and it might get highly volatile- we'll see.
I hope you find it as compelling as I do. Check your inbox post close tomorrow.
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editor@otcjournal.com
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