The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Friday, September 30, 2005

Warren Resources is finally getting noticed!

Warren Resources (WRES) is one of my favorite oil/gas stocks, and its time to shine is now and I mean right now! Jim Cramer even gave it the thumbs up in his show! It's so good, Cramer can't even jinx it!

Warren Resources (WRES) 3 Month Chart


You gotta love the way this stock stuck above its 50day (very bullish). Also note the increasing volume coupled with the beautiful breakouts!


Mechel Steel Grp is a Steal!

Hey guys!

I'm bouncing around with the posts (I was going to first work on the Canadian Stocks and the "Do it yourself" section) but I figured I would introduce a steel stock that I belive is poised for an incredible run! The stock is Mechel Steel Grp ADS (MTL) at $36.48! The stock has been behaving quite well, despite high oil prices and is just a few cents shy of its 52wk high!


Mechel Steel Grp 1yr chart


Looking the chart, we can see that the stock hasn't even been trading for a year, which makes it still a new issue! From this distance, you can also notice the base that MTL has been forming! All that is missing is the cup and handle on it! Soon enough!






Mechel Steel Grp 6 month chart



Beeeaaauutiful base!! Notice some spikes in volume? That is the institutional investors buying!








Mechel Steel Grp 2 month chart



With this chart, we can see that whenever the stock dipped, heavy institutional buying (characterized in the spikes of volume) occured and the stock continued to chug along. Lower volume at the end of September has hindered the stock and has not allowed it to clear the $36 dollar range. Because of this, the stock will begin working on the "handle" portion of its cup-shaped base. Once awareness of the stock (or good news and other events) increases, I expect the stock to easily clear the $38 range!

For the Do-It-Yourself Investor......

Hey guys,

Just to let you know, although I have been running a little behind schedule, I will definitly be able to bring things up to speed in the upcoming days (especially with the upcoming religious holiday). In this post, I will highlight online brokerages, comparing commission costs and what not. I will also list a couple of websites you can use ( that I use and some I haven't used yet) to conduct your research. I will also highlight some charts to show proper buy points and what to look for in a stock, especially hints of an upcoming breakout (I'm trying to learn all this also, lol).
It all happens in a few hours (after I get some sleep, lol), so keep it on your fav tab!

Tuesday, September 27, 2005

Wanted: Oil and Gas stocks that are still cheap!!

That's right, ladies and gents,

I'm on a quest to find you some oil and gas stocks that are still cheap. My search will no be just limited to companies that are in the exploration and production aspect of the business. Instead, I will also include companies that are involved with drilling, oil and gas field equipment, etc. I will try to list as many as I can and try to give you as much background info + charts as possible. If I don't finish today, I will try to finish tomorrow. I am on a time budget and I have two exams I need to study for, so bear with me!

The first group is:

*all industry groups are classified under the William O'Neil Industry group classification*

Oil and Gas- U.S. Exploration and Production Industry Stocks

GMX Resources (GMXR) is one Niceeee stock! I like to think of it as an undervalued Chesapeake Energy (CHK) or at least a younger one. The stock has been on fire the last few days and the stock even hit a new 52 wk high of 26.50! The stock was at 20 dollars just a few days ago! Unbelievable to some, but in the world of hot oil and gas stocks, expect the unexpected! The analysts predict it will go to $31/32. I say it hits $35/36!


Warren Resources (WRES) is another undervalued candidate! I bet many of you haven't even heard of WRES, but after today, you will know all about it. The stock has been on fire since the early trading hours, with 536,000 shares (roughly double the average amount) and a new 52 wk high of 15.61! The stock is currently up +8.85% and I expect this run to continue without too much slowdown until the stock nears $20.


Ultra Petroleum (UPL) is another goody. Although this is an AMEX stock, you should not be worried about it being too thinly traded, or heavily manipulated as an AMEX stock. This stock is running around 53.70 and has already knocked out its previous 52wk high of 53.09. The stock usually trades 1,460,000 shares on average. My initial target for this stocks is $61.


Arena Resources (ARD) is another AMEX traded oil and gas stock that I believe you must own. It is currently trading around $24.67 and even hit a 52wk hi of 25.00 today! This stock is a little more thinly traded than UPL, averaging around 94,000 shares daily. The current volume is at 261,000, so its doing just fine! The stock is trading +1.86/ +8.15% above yesterdays close of 22.81! Analysts predict ARD will hit $36. I say it hits at least $40 the way its going!


KCS Energy Inc (KCS) is another one of my favorite oil stocks. I believe that this stock will be another sleeper! The stock hit a 52wk high of 27.26 and closed at 27.22! Now that's a nice close! I firmly believe that KCS will hit $35 real soon!


Carrizo Oil and Gas (CRZO) is an awesome stock that is poised to soak in the maximum potential of the Great Oil and Gas Rush! Recently, Fortune named it one of the 15 Fastest Growing Companies! CRZO closed at 30.12 and hit a 52wk high of 30.78 today! I say this stock hits $37 soon!


NGAS Resources (NGAS) is the one of the riskier plays. This stock has been on fire lately and could wind up at $20 rather quickly, just from momentum alone! Use caution when playing NGAS, and don't go too crazy with it! The stock had an impressive run today, where it hit a 52wk high of 14.00 and closed at 14.00 as well! Now that nice! It went up +2.05 / +17.15%!!!


Chesapeake Energy (CHK) is still good! How can I talk about Oil and Gas and not talk about CHK?! I say this stock hits $45! I still think anything below $38 is a buy! Hurry up, time is almost up!


Southwestern Energy Corp (SWN) is the best one in the group (right now) but I think that SWN has already had quite a run up! The stock went from $20 to $71.32 in a year! Believe me, it could go higher! The stock can still hit $80 without a problem! It's just that right now I prefer the cheaper, smaller companies! You can play SWN if you want, at your own risk!

That's all for this group! I know, there are other notables like ENY, and ABP, etc! But for now I want to concentrate on these! If for any reason, I have others that I want to add to the group, I will do so! I may also change my mind on one of the listed ones and exclude it, replacing it with another potential!
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'Kay, who's next???

Oil & Gas- machinery and Equipment Industry Group

The only attractive and great one that I can think of is...

Grant Prideco (GRP) is on point with the drill bits that they are providing to the Oil and Gas exploration and production industry! This company is cheap also! I can easily see it hitting $60 or higher once the numbers come in for all the sales they have closed! Geez, what are waiting for?! Grab some Grant Prideco! Oh by the way, the stock is at $40.48! This is arguably my favorite company in the group!


Ok, if you want to play this sector with a little more risk, try CE Franklin (CFK), a Canadian company that trades on the AMEX. It also provides the oil and gas companies with equipment and machinery. I imagine that it will one day be very profitable with all the Oil Sands projects going on. So if you want, grab some CFK. But I'm just letting you know, CFK is a little volatile and can drop back to the $9 range. As a long term investment, CFK is great. It doesn't work that well if you just want to trade it. I will say this though, I am glad that the stock is currently trading at average volume! Just 2 weeks (or less) ago it was a mess and now with the increase in 2Q sales, its like a rocket! I expect 3rd quarter sales to be great as well! The stock is currently at 11.40 and trading on average, 150,000 shares! if you want, buy 200-1000 shares max!

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Oil & Gas-Drilling Industry group

I got a couple of good ones in this group!

First up....


Pioneer Drilling Co. (PDC) is my favorite Oil and Gas Drilling company. It achieves this wonderful status because of several reasons. Number one is, that the company is undervalued. This stock is valued at least at $30 or more. Jim Cramer believes it is a $40 stock. I say this stock will be trading at $55 eventually. I also like the company because it is kicking the crap out of its competition, especially with sales growth. It has a 1yr sales growth of over 70% and has earnings that have been improving, quarter after quarter. In addition, it operates 50 land drilling rigs. In 2004, it acquired more rigs (about 7) from Wolverine Drilling and an additional 5 from Allen Drilling. The icing on the cake is the fact that Chesapeake Energy has a big interest in PDC and has bought 17% stake in the company! The truth is, there are a lot of great things about PDC. The stock is currently trading at 19.00. Grab some before its too late!!


Ensco International Inc (ESV) is a top notch driller, weighing in at $45.29! You gotta take a look at its quarters! It has made considerable improvements, each and every quarter! It really looks that good! ESV operates about 50 offshore rigs. My estimates lead me to believe that ESV will soon see $60! Note: Jim Cramer also pumped ESV, and he gave it the thumbs up! I sure hope this doesn't sabotage ESV! Just kidding, it wont!


Patterson-UTI Energy (PTEN) is my 2nd favorite driller! Just like ESV, PTEN's quarter results are outstanding! The stock is currently trading at $35.43. It still looks inexpensive as well. My estimate for PTEN is $45.34 for now. PTEN operates 361 rigs and has the 2nd largest drilling fleet (land based) in North America. PTEN has achieved a 1yr sales growth of +29%! It expects to improve upon this number for this years sales growth numbers.


Rowan Cos (RDC) is another undervalued oil driller play. RDC is currently trading at 34.93, when it should really be trading at $63! Looking at the Earnings Quarters, you will see one improvement after the other. My opinion is that with such a continuing demand for oil and gas, these quarter improvements will also continue, and help propel RDC to new heights in no time! RDC has 24 jack-up rigs, 18 land rigs and 1 submersible rig. RDC performs drilling in the United States and in Canada as well. Note: Jimbo Cramer also mentioned RDC in one his shows segments. Well I like it too, so I'm recommending it as well!


Todco (THE) is the final driller that I want to talk about (at least for now, lol). THE trades at 41.01 and also hit its 52wk high of 41.20 today as well. THE is also a new publicly traded company, since it became an IPO in 2004! The company also boasts 22% insider ownership, which is not bad! With improving earnings and increased sales growth and the ever growing demand for drilling, I believe that 2005-2006 will also be good to THE. I believe that THE will see $61 easily!

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Oil & Gas- Field Services Industry group


RPC Inc (RES) is my favorite in this group. I really like RES because the company insider own a large stake (roughly 67%!) and they are not letting go of it! The have their hands tightly wrapped around RES. When I look at RES and I look at its peers, like BHI and SLB, I realize how inexpensive RES looks at $25.89 (and believe me, it is!). The company provides a wide variety of services for Oil and gas companies such as, coiled tubing, nitrogen services, well control, drill pipes and blowout preventers, as well as inspection work for rigs and vessels.


Trican Well Services (TCW.TO / TOLWF.PK) is a nice Canadian oil service company that thankfully also trades in the States as a Pink Sheet! TOLWF is currently at 36.15, and TCW.TO is at 42.18. If you can get the Canadian version, get it. If not, you can settle for TOLWF.PK!


Superior Energy Services (SPN) The stock is trading at $23.09! Looking at SPN's earnings quarters, I see a company that is slowly growing into a formidable company, that is able to compete with the "big dogs"! SPN provides oilfield services to oil and gas companies that operate on the Gulf Coast and in the Gulf of Mexico. The company sells gas well drilling equipment and even sells some equipment in Canada, Middle East, Tobogo and Trinidad. This stock is still cheap and I can easily see it hitting the $33 range soon enough!


Calfrac Well Services (CFW.TO / CFWFF.PK) is arguably the best stock in the group. It is a Canadian Company and it also trades on the pink sheets as well. CFW.TO is trading at 38.11, and CFWFF is trading at 32.67. With Oil Sands exposure, Calfrac is set to grow tremendously in 2006! Keep your eyes on it!!

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9/29/05- Ok, finally I have some time to work on the next section!

Oil & Gas- Refining and Marketing Industry Group


Frontier Oil Corp (FTO) is hands down my favorite refiner! I like it because at $44.35, it is still inexpensive! I expect this stock to appreciate in stock price tremendously in the upcoming weeks and months. My advice is, buy some, forget about it and come back later and reap in the profits, cause this baby's going to $60 and beyond!


Valero Energy Corp (VLO) is my 2nd favorite refiner, even though it is still stronger than FTO. I like VLO as a long term investment as well. At $114.99, entry doesn't come cheap, but its well worth it, even if you can only afford 25-50 shares max! My opinion is that this stock will be eventually trading at $200+ in the upcoming weeks/months!

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Of course I have other favorites in the categories, but for now I want to just concentrate on the Oil and Gas stocks mentioned above. I know I didn't discuss a lot of Canadian Oils, ( I'm leaving that for my Oil Sands/Canadian Oil stock section-which I promise I will finish this weekend!) and Gas Utilities (which I will also try to talk about soon, as well).

Monday, September 26, 2005

BooOYYyyAAHH SssKee-DaDdyyy!!...lol

Ladies and Gents,

This is an informal invitation to take part of the Mad Money Investment Challenge! The MM Investment Challenge is basically a stock trading game that provides players with $100,000 worth of e-Monopoly Money to buy and sell stocks trading on the NYSE and NASDAQ exchanges. This will exclude AMEX, OTC.BB and .PK stocks. In addition, the stock must trade over $2.00 a share and have a market cap of at least $100 million. Trading will commence on October 6th and top traders will be prominently displayed on a top ten leader board. The challenge will end December 20th and the winner will be announced on the Mad Money show! To enter, you must register at the site www.madmoneychallenge.com

Lol! This should be interesting. This should be fun and good for practice! I'm in....are YOU?

Market Comeback, MEMY and friends....


Hey ladies and gents,

Today was a good day for the stock market. Coincidentally, it was also a good day for oil and gas stocks as well. Some notables were MEMY ( I recommended it yesterday) which was up quite nicely today, with a HOD of 2.50 and a close at 2.18 (up +20.00%)

Memory Pharmaceuticals (MEMY) 2 month chart



You gotta love the comeback that Memory Pharmaceuticals is staging! Reminds me of VPHM, before its big run-up!

Listen guys, it's cool to take profits and all, but hold on to some shares for a short-term investment. MEMY has a drug that treats mild to moderate Alzheimer's Disease called MEM 1003. Alzheimer's Disease (if you do not know) is a common neurological/psychological disorder that is common among older men and women. It is a degenerative disease that has a knack for eroding neurons and parts of the neurons (dendrites, axons, etc). The decrease in neuron cells in the brain produces Dementia like symptoms, including amnesiac, forgetfulness and others. Millions of older adults are effected every year.

So as you can see, a successful Alzheimer's Disease treatment is needed! Their is a huge market and need for drugs that can cure or treat Alzheimers Disease! So what is my forecast for MEMY? I say this stock is going to take out $4 sooner than most think. After that, its on to the 52wk high!

By the way, how did you guys like ACR and NL today?! You gotta love ACR, I'm so glad it hit a new 52wk high and broke into the 19 dollar range! Also SLXA didn't do so bad either!


American Retirement Corp (ACR) 2 month chart














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On another note, Ebank Financial Services inc (EBDC) continues to impress me with its stealthy stellar climb! I profiled this stock when it was no more than $1.30-1.40 and today (9/26) it has hit a 52wk high of 2.06, and it closed at 2.05 for a +11.41% increase! Not bad! I am still amazed and shocked that no one knows about this wonderful little stock with so much potential! Oh well, I'm sure as it continues to grow, it will attract more attention. To tell you the truth, I am starting to like the fact that it continues to act well, despite the low volume. I'd rather see this little gem go up slowly over time, rather than shoot up like crazy (like ZENX).

Ebank Financial Services Inc (EBDC) 6 month chart



Looking at the chart, you can see how thinly traded this stock really is. The fact that it is an OTC.BB stock does not make the situation any better. Still it is my belief that this stock will eventually enter the AMEX or the NASDAQ! Time will tell! I do want you to notice the 2 huge spikes in volume! Those spikes in the volume are the insider purchases.


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Trimeris Inc (TRMS) also fought like a champ today! The stock hit a HOD of 15.44 (which is its highest HOD since it fell from its 52wk high of 16.16) and it closed at 15.10, which was not bad at all! The stock continues to build upon its base, and has been fairly quiet since the run up began at the $11 support level (bounced back). Once it bottomed out, Insiders were fairly quick with the buy button, and scooped up quite a handful of shares. I scooped up some myself and I can't complain. So far so good.

Approach: If you are still interested in buying TRMS, then wait for a dip to the mid to low 14's as a buy point. I do think that the stock is a little riskier as a buy in the $15 range. Its up to you though, since I profile plenty of other stocks that have yet to run up, you could choose something else. I was supposed to profile this stock before the run-up, but a number of factors prevented me from doing so. By then the stock had already blasted off, so I decided to hold it off. Still I like to profile it time to time.

Target: 1st target is to finish off the base it started and hit the $16 level. After that, I would expect the stock to create a handle off the base and spring upward. My 2nd target is $18.15.

Trimeris Inc (TRMS) 3 month chart


Notice the new uptrend and steady increase in volume.








TRMS 1 yr chart showing the base


This is one big base that the stock is working on. Notice how it bottomed out in July at the $10 dollar range.







TRMS 2 yr Chart

As hard to believe as it is, TRMS used to trade above $50 2 years ago! It has been below the $20 level since 2004! Looking at the chart, you can see that TRMS has ultimately bottomed out and has started a new uptrend! We just have to hope that this is a new, long-term uptrend and not some fad. The insider buying tells me that it is ready to retest the $16 level and rock! I will keep an eye on the company insiders as well. They know if the stock can finally break through the $20 barrier! If I see that they are all selling once it approaches that level, its over! But so far so good!

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AXS-One Inc (AXO) also had a great day! The stock hit a HOD of 1.90 and closed their as well! Not Bad! If you haven't bought yet, what are you waiting for?!


AXS-One Inc (AXO) 2 month chart

Sunday, September 25, 2005

Jim Cramer pumped NL Industries.......

on this past Friday's show of Mad Money! Cramer was bullish about NL because it is a manufacturer of Titanium Dioxide, which is used in a wide variety of household and hygiene products such as paint and even toothpaste! Now what's the fuss? That's the only reason he recommended it? Nope! Cramer mentioned that Hurricane Katrina had disabled a plant by Dupont (DD) which coincidentally was also a producer of Titanium Dioxide. Getting the picture now? The downed DD plant actually supplies over 5% of the world's thirst for Titanium Dioxide. Now the really good news is that the DD plant will be shutdown for some time, even until the middle of 2006. Cramer believes that with the DD plant shutdown and the fact that it used to account for 5% of the world's supply, that the price for Titanium Dioxide will rise and that NL industries will benefit handsomely from it, since DD is out of the picture!

You heard it here folks! You know I mentioned NL a while ago and I told you BUY! I cited that the company had increasing insider interest! I knew that there was a reason for this and now the reason is clear! I recommended this stock at $14.56!! You know thisss! So what are you waiting for? Wait until the Cramerica hysteria dies down. Let Cramers cronies snatch up the stock at 18. YOU buy it a day or two later when the stock dips at a better price! And that's how its done!

Saturday, September 24, 2005

Don't Forget about Memory Pharmaceuticals...

I really do like searching and hunting for new potential stocks. They may not have that many insider buys or purchases like CHK does, but they would have to have high insider ownership for me to even look at them. Of course I would then analyze Earnings and see if the company had improving quarters. Then I would see how the industry that the stock belonged to was performing, analyze the chart, volume activity...yada yada ya. This was how I did it a few months ago, when I first started getting into this stock game. That is how I spotted VPHM, PARL, CNQ, TLM, GLW, CNX, CHK and many others when they were cheap. Now, with school being the main focus, I do not have that kind of time on my hands. So I have to settle for quicker methods of research. Which is why I settle for insider buys and purchases as a good indicator of a stocks future performance (something that I did not place too much emphasis on in the past). You will notice that some of the stocks I chose, are battered stocks, stocks that have fallen from grace and out of favor. That doesn't mean they are not good choices. It just means that they need a boost to get them up and running again. Which is why I get excited when I see heavy insider or institutional buying in battered stocks. Especially buying from CEOs, VP's and other higher ups. Director buys are good as well, but not as good as CEO buys. Nevertheless, not a single one of these insiders (director or CEO) invests in the company that they work for to lose money...thats the shareholders job! I'm just kidding, but you get the point. These company insiders who are throwing around hundreds of thousands of dollars are not throwing them around just for kicks (unless they like to lose money).

With all that in Mind, I would like to present to you Memory Pharmaceutical Corp (MEMY). Why is that? Lets see, the stock closed at 1.82 on Friday (9/23) and all of a sudden, After Hours (A/H), the stock is up +13% to 2.06?! What is going on?! There is no news, no hint, no nothing to even warrant such a spike in price! So whats up? Somethings up alright! If you notice, a wide variety of company insiders have just purchased stock! And I mean a lot of stock! Close to $7,000,000 worth of stock in one day! Why is that?! I'm thinking that there might be a buy out offer or a merger in the works, and the rumor is out and I believe it may be announced this coming week! My advice is, if you got some money laying around, buy some!

The Great Canadian Oil Sands Plays: Update

This will be an update to the post that I had started a few days ago and never had a chance to finish ("The best investments we can't get our hands on"). This will include UTS Energy and many others. I still haven't recieved the info on investing in the TSX..yet because I am waiting for the info from my not so reliable source, lol.

Just so you know, not all of the picks are Canadian Oil Sands companies (but U.S companies with Oil Sands exposure. Some of the companies are Canadian, but with little to no Oil Sands exposure (I listed them because they are good).


Okay, here we go....

You know I like UTS Energy (UTS.TO or UEYCF.PK)
UTS.TO is at 4.95 and UEYCF is at 4.25

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Conacher Oil and Gas Ltd (CLL.TO / CLLZF.PK) is another small oil stock at 2.40.
CLLZF is at 2.05.

This one is almost guranteed a double! CLL is engaged in exploration and production of oil and gas Western Canada and Argentina.

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OPTI Canada Inc (OPC.TO/ OPCDF.PK) is another goody that hasn't gotten too much attention! OPC is engaged in the development of the Long Lake Oil Sands Project which it shares as a 50/50 joint venture with Nexen Inc (NXY which I will talk about later in detail) Oramat Technologies (ORA, NYSE) is also assisting with the project (lol, now I know why ORA has been performing great lately!) OPC is currently at 40 Canadian and OPCDF is at 33.98!

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Canwest Petroleum (CWPC) is another small Oil sands play that has just gotten started! Lately is has been on fire, especially thanks to traders as well as investors. The stock is currently at 1.80 and may drop a little more as some people may want to take profits. Keep your eyes on the volume and the price. You can tackle this 2 ways...keep waiting for the pullback and keep following the stock down until it hits a support level (probably on a day with below average volume) or catch the stock on another momentum trip on high volume. This stock can be played as both a short term to intermediate term trade or investment, or a long term investment. The choice is yours

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Canadian Oil Sands Trust (COS.UN/ COSWF.PK) is like the 800lb gorilla of the Canadian Oil Sands. You can imagine that this is THE Oil Sands Pure Play!
COS.UN is trading at 125.00 and COSWF is trading at 106.73!

I know that COSWF looks expensive, but its really not! This stock could easily break into the 150+ range! If you got a little bread, buy COSWF and reap the rewards later on!!

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Oil Sands Split Trust (OST.UN / OSDSF.PK) is a trust fund that holds shares of Canadian Oil Sands Trust. In essence it is almost the same company as COS.UN
One difference is the price. OST.UN trades at 105.25 Canadian, and OSDSF trades at 91.39 US

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Western Oil Sands Inc (WTO.TO/ WTOIF.PK) is arguably one of my favorite Oil Sands Plays. It is currently trading at 28.01 on the TSX and at 23.78 on the pinks! I can easily see this hitting $30 really soon as long as oil stays above $45 a barrel. You can bet on it! Also WTO holds a 20% interest in the Athabasca Oil Sands Project.

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Suncor Energy (SU) is arguably the easiest one to invest in, since it trades on the TSX and the NYSE as well! I must say, if there was ever a great time to buy some SU, its right now! The stock is way off its 52wk high of 62.50 and is looking like a bargain at 57.51! Do not pass up this opportunity to pick up a great oil stock! This stock is going to hit $70+ before you know it!

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Petrobank Energy and Resources LTD (PBG.TO/ PBEGF.PK) is at 10.34 on the TSX and 8.93 stateside! I also really like this Canadian energy company. I believe it has a lot of potential and it is still in its infancy! Keep an eye on it!

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Those listed above are the Canadian Oil Companies that are directly affiliated with the exploration and production of Oil and Gas from various Oil Sands Projects. Below, I will also list and introduce some other companies that are not exactly pureplays, but instead are established oil companies with exposure to the Oil Sands regions.

Canadian Natural Resources (CNQ) is arguably one of my favorite oil companies, period! Yet many people are quick to laugh at because it is not keep up with Encana and Talisman (ECA and TLM, respecitvely). I think CNQ is providing a great opportunity for those who havne't had a chance to jump and even those who want to increase their existing position! Many do not realize that CNQ has had a great run-up than ECA and TLM. It makes you wonder, is it a crime for a stock to rest a little before heading up again? I think not! I say grab it at $44 and enjoy the upcoming run-up!

Friday, September 23, 2005

AXO's got that Rocket Fuel -------------------->

AXS-One Inc (AXO) is doing exactly what I was hoping it would do- kick a$$! I was able to grab some as well, and actually very close to the LOD at 1.66 (lol, it was just luck, trust me!) I have a small position on it (as I do not have that much to invest in the 1st place). BECN and ZEXN were not bought at all because I feel that they can drop some more before they are an official buy. CNXGY (the CNX gas company) is at a standstill. I am not sure how this stock trades, or if it even trades at all...very strange. It would be a shame if it is not a tradable stock. I highly recommend it as a Strong Buy, if you can get your greedy little hands on some!

Also, there are a couple of other stocks that I think are performing well today!

American Retirement Corp (ACR) is doing quite well, with prices sticking above the 18 dollar level! I believe the stock is at 18.55 right now

Solexa inc (SLXA) although it isn't doing that great today, I must give it some love, because the stock performed quite well this week, despite all the scares of the Hurricane and all that other B.S. ! Buy SLXA, don't wait until the stock sticks above $6!

Xenogen (XGEN) is a stock that I have profiled before. The stock hit a nice low of 2.86! That was a signal and an opportunity to buy! As you can see, the stock has shot up over +7% and on above average volume!

Thursday, September 22, 2005

On the radar Screen

This is a new section (that I will try to consistantly post on) that will highlight stocks that I have on my radar screen. These stocks will include stocks that I think will be big movers in the days, weeks, and months to come.

First up....

AXS-ONE Inc (AXO) which trades on the AMEX. I like this stock because it is at the bottom of an industry that I really like - Computer Software -Enterprise Industry group. But boy does this stock suck...it actually stinks too! Its fundamentals and technicals are horrible...as a matter or fact, this stock is so bad, it CAN'T get any worse! Im serious! So why the interest? Thats it? Just cause its at the bottom? Nope! Because the stock exploded upwards of +7% (yesterday) and on phenomenal volume. So I checked it out and realized that since September 20th, insiders have been buying the crap out of this stock! Big money has flown in and poeple will start noticing! My advice? Jump in as soon as possible and enjoy the ride to $3+ and beyond!


AXS-ONE Inc (AXO) 6 month chart
















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Remember Consol Energy (CNX)? Well remember that I mentioned it had Gas Assets that it decided to sell? Well I found them, in the form of CNXGY.PK This gas asset stock is trading at 20.25! Be the one of the 1st to be in the know and snatch it up!


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Beacon Roofing Supply (BECN) is a nice stock that I recommend for this turbulant Hurricane season! Believe me, with all the roofing shingles that are going to be flying off this Hurricane season, BECN is bound to have an improved quarter! The stock is currently trading at 32.52 and it also hit 33.55 earlier, which is its 52wk high.















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Zenex International (ZENX.OB) is a stock that I wish I had discovered sooner. ZENX is a roofing company that seems to have recieved immense government contracts in Hurricane Katrina inflicted areas. It seems that traders went crazy on this news and have sent the stock sky high. The volume suggests that every Tom, Dick and Harry have squeezed the stock several times. Still, with some insider purchases and still no sells, maybe it is still worth putting some money into it. BUT, I do not suggest you go crazy with this, especially if you are like me and trying to get in at these levels. Just put a little bit in and not money that you really can't afford to lose. I also do not suggest you use margin for this stock, because when the SEC sees this kind of action, they get really excited and can put a halt on it. You don't want to get the SEC excited, believe me. Anyways, I just thought I'd bring it to your attention..I guess better late than never! I sure do wish someone brought it to my attention sooner! Thanks a lot!















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Safeguard Scientifics Inc (SFE) is another bottom dweller, just like AXO! This stock is also a bad stock as well. Again, the only reason I am recommending it, is because of some impressive insider buying and accumulation and for the fact that the stock is at its bottom. With those 2 factors in mind, I do think its a buy. As a matter of fact, I say this goes to at least 3.50 before its done with. The stock is currently at $1.76

Insiders bought 53,000 shares in September, totaling $82,000 and 306,200 shares in August, totaling $400,000. In total, they have purchased 359,200 shares worth $482,000 in the past two months (of course excluding July, June, etc).

Safeguard Scientifics INC (SFE) YTD Chart














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Warren Resources INC (WRES) is another stock to keep on your radar. You could probably tell what sort of business this stock is in just by the name itself. If you guessed Oil and Gas Sector, give yourself a cookie, cause you are right! WRES is a pick of mine for a few simple reasons. One is that is still looks attractive because of its low price! Assuming that oil will stay over $45 and will continue to hang around these current levels, WRES should easily see $20 or more! The stock is currently at $13.74. Insiders have also bought some of their own stock in good faith that this move to $20 will likely happen! Place your bets, or should I say your cash and buy some!

One Insider has purchased less than a week ago. What the insider buy lacks in # of people buying, more than make ups for it in the amount of money poured into it. The insider bought 40,000 shares at 13.58, totaling $543,400,000! Nice!


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Quintana Maritime LI (QMAR) is a stock you need to check out! The stock is currently trading around 11.40 and is a great buy! The stock is in the business of dry ship shipping business and is listed under the Transportation-Shipping Industry Sector. When you take a look at the company fundamentals and technicals, you will not be impressed. This company is no VLCCF nor no TUG. It is actually near the bottom in relation to other similar stocks. So whats so good about it? The upside potential, of course! I can easily see this stock trading at $15 soon and later on, even at $30! Oh and did I mention that insiders have bought a stake in it as well? A couple of insiders bought a combined total of 144,736 shares totaling $1,632,350! Thats not bad at all



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GMX Resources (GMXR) is another hot oil stock! I really like this stock a lot and I believe that with a little patience, it will go far. I have watched this stock since it was in the high 18's, low 19's and I must say, it is holding up quite well. Today it got some justice when it was upgraded and the price target was raised to the $30 range! Not bad! Although the price drop in oil has hampered the stock today, I believe that GMXR will soon pick up where it left off and attack the $23/24 range once again! A close at the mid 22 dollar range or higher would be very positive for GMXR! Keep your eyes on it! Just a little word on advice though! If you are going to buy, buy soon while the stock is cheap at the low 20 range! This stock is also very volitile and can frustrate the average investor/trader, so be on your toes. Just so you know, do not be shocked if you buy at 21 and all of a sudden the stock drops to low 19's...it happens often with this stock.

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American Eagle Outfitters (AEOS) which is a nice clothing company (i like it), is also a great stock that has been hit hard by the rising Oil and Gas prices. Now that the stock has finished bottoming out this week, it is time to buy! Buy all you can before the insiders beat you to it! Insiders have accumulated millions of dollars worth of shares! Unbelievable!! Buy some and forget about it until the holiday season!



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Seizing the Opportunity....

Todays plan is simple. Keep an eye on the key oil stocks: GMXR, FTO, CHK, CRZO, TRGL, ECA, UPL, WGR and also on IPII. Like insurance? Look at property/fire/ insurance like UFCS. Try to buy them at the LOD (low of the day) to maxamize your return! For instance, CHK will probably open at $37+. Keep an eye on it the first 30-50 minutes of trading and also during lunch time (Eastern and don't forget Cali traders take lunch after 1pm Eastern!) you can snatch some up since the stock consolidates a little when traders get lazy and hungry for lunch. I'll be back later!

Wednesday, September 21, 2005

The 'Lil stocks that could....

....make you a ton of money, that is! No kiddie story's over here. Children need not apply...well at least not until they are old enough to trade stocks! Anyways, before I get off track over here, I want to mention some stocks (in various industries) that are cheap and can be a very profitable investment/trade. Some of them are a little risky, so I do not suggest you put a lot of money into them. You are supposed to put a lot of money with the big boys like, ECA, BTU, CNX, all of which are not only great performers, but they are safer/sturdier stocks! A $2 move down on a stock trading at $50 is not as bad as a $2 drop in a stock that is $10 or less. You get the point!

So what stocks do I like?

I still like Ebank Financial Service (EBDC). It just hit a new 52wk high of 1.85 and it is under EVERYONE's radar! I can't even believe it?! Nobody spotted this stock?! Unbelievable. Eh, oh well, maybe people will start paying attention when the stock hits $3. I recommeded this when it was under 1.50. So far so good!

Motorsports Emporium (MSEP) is still a go! If you never played a penny stock before and you want to "pop your cherry" on a better betting one, play MSEP. It is an .OB stock and at least has some insider buying which looks positive. Don't go to crazy with it, though. Just put a little money.

Gastar Explorations (GSREF) is a small Canadian oil play weighing in at only 3.5 dollars. What I really like about it is the fact that CHK has an interest in the company as well! I say buy some and forget about it for a little!

In times like this....

we have to keep our heads above the water. You gotta stay focused in a c hoppy market. Patience and buying what works and gettingrid of what doesn't is the key. I suggest that everyone have at least a few energy stocks. CHK, PQUE, CNP, NFG, CNQ, NFG, WGR, DUK, UTS.TO are just a few of the good ones that I really like! Check them out! The have been top performers these past few months!

It is what it Is...............

Whether we like it or not, another Hurricane is coming. This is just nature, and we have no control over nature nor can we stop her. We can only hope that Hurricane Rita will not be as bad as hurricane Katrina. I certainly hope that there will be no human casualties, or families left homeless. But I can only hope. I have no control over the actions of a violent storm. BUT I do have control over what stocks I buy.

I would keep Chesapeake Energy (CHK) on radar. If you still haven't bought...geeeeez, what are you waiting for? Permission? Grab it will its down a little! Its up to 35.45 After Hours

Toreador Resources (TRGL) is also a nice oil play that has consolidated a little.

PetroQuest Energy (PQUE) is now in the 9 dollar range and looking like it may hit 12's soon. Its up to 9.97 After hours, because of Jim Cramer mentioning it.

UTS Energy (UTS.TO or UEYCF.PK) I told you this is one of my fav small oil companies! Grab it now under $5!!

Sterling Construction (STV) what a beast!! You could have made so much money on this stock alone if you knew how to play it! Watch as it tries to pass its 52wk high. With a storm brewing, it just might.

Columbus Mckinnon (CMCO) is still very strong and near its 52wk high. Its up to 23.75 AfterHours!!

JLG Industries (JLG) hit its 52wk high of 35.15 and then profit taking sent it down a little. Its still all good.

All the coal stocks with the exception of CNX (because of problems with a hoist at the Buchanan) and Fording Canadian Coal, did exceptionally well. BTU and MEE are on FIRE! CNX needs to work out is problems and get back in the game!

Those who were patient, could have bought GNSS, TRID, MRVL, and even GSL for a very cheap price!!! Remember, when I usually recommend a stock, I tell you, to keep an eye on it and see what it does. If it is down the next day, that's great, but don't rush out and buy, wait the next day and see if it is down again. If it is up, make sure it is showing some strength before you buy into it. If anything, stick to the Down Rule, because that at least will help you buy a stock cheaper through a little patience.

Confused about DCEL?! What the heck is going on? Dave?

Solexa (SLXA) is showing strength! I am telling you, this stock will surprise a lot of people!

XGEN is not surprising me. Well, at least not in a positive way.

AAPL is on Fire!! New 52wk high at 53.81!

ACR has finally moved!!! I can't believe it!! Just kidding, I can!

Tuesday, September 20, 2005

Taking care of Business........

Don't worry ladies and gents,


I'm still here! I haven't gone anywhere! No vacation, no haitus, nope! Just a little busy with school...actually very busy with school! Although I love stocks and the market, I need to keep things in perspective. Stocks are not going to hand me a degree. Hard work and concentration in school, will. So what am I to do? I do both! But sometimes a little more emphasis is needed on the school part, so therefore duty calls. Regardless, I never forget about the market, as I do have my stocks that I watch as well as a careful eye to spot "new talent". Anyways, I'll be back later to comment on yesterday and today! Till then, later!

Saturday, September 17, 2005

The stocks that King Midas touched!

Next up I have a couple of stocks that King Midas put his greedy fingers on and turned them into Golden Stocks! Well, actually not golden stocks, but they are Gold Stocks! Yes, I know, the new 21st century gold rush has begun and I want to be apart of it, and you should as well. That is why I will try to highlight as many potential gold stocks as I can before the Monday opening bell so you can be set up and take advantage of the new hot commodity rage!

I have a couple for you to look at now. I will add more info on them a little later.

The bigger, safer, more established plays are

Royal Gold Inc (RGLD) at 28.62. Also at its 52wk hi

Gold Corp Inc (GG) at 20.43, and also at its 52wk hi

Glamis Gold LMT (GLG) at 22.17, and also at 52wk hi

Lihir Gold LTD ADR (LIHRY) at 25.81 and at its 52wk hi. This is also an IBD favorite.

New Stocks on the Block

New Exclusives!!!


Listen, I know that the stock game can sometimes seem like a wild gamble. Thats why you have to stay on the side that always wins the gambles. I'm talking about the company that helps place down the bets, International Game Technology (IGT). I used to not like IGT, but I realized that it has bottomed out and is ready to make a comeback! The stock closed last at $27.40. I also noticed some big insider purchases in IGT as well. They have recently bought over $64,000,000 worth of stock in the last few days at the high $26/low 27 level. My advice? Buy some!

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AmNet Mortgage Inc (AMNT) is a small mortgage company that is going to take advantage of the fact that home sales are still increasing. Thats right, people are still buying homes and properties as investments. The recent insider buys in AMNT also help as well. In my opinion, AMNT may be a safe place to park some big money (if you have). Oh course, just like all other financial/REIT and mortgage companies, AMNT is a long term investment. The stock last traded at $10.15

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Allied Healthcare International (AHCI) is a small health care company trading at $4.99. I like this company because insiders own 47% and there has been some nice insider buys lately! Although this company is based in the U.S, it actually operates in the United Kingdom. It provides health care staffing such as nurses, home health aides. It also provides oxygen and respitory therapies for patients. I believe that this stock will double in no time. My advice? By at least 1000 shares and forget about it for a little!

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OXiGENE inc (OXGN) is a biopharmaceutical play that you need to know about! It has several drugs in the pipeline that are used to fight cancer cells. Some of their drugs even have fast-track status (which allows a drug to skip many aspects of animal and human testing to quickly get on the market because it is so beneficial) which is a good thing. This past Friday, volume surged up nearly 400% on no news at all, lol. The only clue is the big insider buys that have been going on lately. The stock is currently at 5.44. I say buy some because its going to $7+ very soon!

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Pediatric Services of America (PSAI) is a stock that you would never see coming! Well here it is, in front of your face at 13.96! This stock is a nice sleeper! If you hadn't noticed the excellent quarters and the insider buys, you would never have even looked at it or even have known about it because this stock trades under 50,000 shares a day, which is way under most peoples radar. So why am I recommending it if it has such low volume. You're thinking it will never have the momentum. I say forget about the momentum and concentrate on long term growth! I say buy some because this stock will be going to $20 before you know it!

Midway Games Inc: Is there a Method to their Madness??!!

Lately, I have noticed something exciting in a very unexciting company. I noticed that Midway Games (MWY) has been slowly gobbled up by National Amusments! To me it looks like a take over but I can't find any news that this is an official take over. So I am wondering what this is all about. I also noticed that company insiders have been selling, despite the big purchases by National Amusments. To me this doesn't make much sense. If there was a buy out, you would think the insiders would stick around to see their stock appreciate in value.
This isn't a recommendation to buy the stock, rather it is a recommendation to take a look at it and see for yourselves. I will try to find some info out and post it. That way I can get a clearer picture if this is a buy or not. By the way, if anyone knows anything, let me know!! Thanks!


-Nick

Friday, September 16, 2005

Now that's what I'm talking about!!!

What a BEEAAAUUUTTIFUL close today! You gotta love it! The Dow is up +83.19 , the NASDAQ is up +14.20, and the S&P 500 is up +10.18! S&P 500 is very strong lately, and I like it. Now lets get down to business. Which stocks rocked and which stocks flopped (hey that's what I will call this market reviews from now on)!

Peabody Energy (BTU) did the unthinkable and shot up, blasting past the $74/75 dollar support and touched the upper limits with a 52wk high of 79.75, and closing at 79.50! I recommended BTU not long ago when it was in the high 69/low 70 dollar range! The stock has never looked back since! Great job, BTU!

Consol Energy (CNX) which is still my favorite coal stock has also had a great day as well! CNX also hit its 52wk high and finally broke through the $75 resistance! CNX hit a high of $76.25 and closed at $75.74! I recommended CNX when it was $64/$65 dollars! Not Bad!! CNX has already passed my first 2 targets and is approaching the 3rd Target of $78+.

Massey Energy (MEE) has also been upbeat as well! Remember, I said to hold onto MEE until the 3Q results! Those that listened were rewarded today since the stock was up +6.54 % and at a new 52wk high of 55.64! The stock closed at 54.87! Remember, I really like MEE, and I know they are going to run it up until the 3Q results. I think it is a definite long term investment afterwards, especially since the company will be buying back their own stock in 2006! For now, treat is a intermediate term trade! MEE has already surpassed my 1st target of $55. Way to go, MEE!

Fording Canadian Coal (FDG) has finally stopped acting like a fool! After the 3 for 1 stock split, the stock must have hit a nervous breakdown and sunk down as low as the $39 range. I think it was just a little manipulation for the big boys to buy some cheap shares. But thats just me. Anyways, the stock has hit a daily high of 42.86 and closed at 41.85. Not bad! Lets keep it going and head out to $45!

Lions Gate Films (LGF) is acting decent, as it hit a daily high of 10.53 and closed at 10.51. This stock will act more appropriate when the #'s are out for Lord of War and when more info on Saw 2 is released. Also note that the stock has acquired Image Entertainment (DISK).

ASML Holdings (ASML) which I recently briefly recommended is up, with a high of $17.23 and a closing of 17.20.

Sterling Construction (STV) is at it again with another huge upswing of nearly +10%! The stock hit a day high of 24.89 and closed at 24.20. WOW!

Apple Computers (AAPL) was also on fire today, as it enjoyed the bull stampede throughout the day. AAPL closed at the HOD of 51.21. Nice!!

Corning Inc (GLW) is back at it, after profit taking took it for a dip. The dip created a huge buying opportunity since GLW will be back at 21 in no time and ready to retest the 22 dollar range. GLW closed at 20.25, just short 5 cents from the HOD of 20.30.

Chesapeake Energy (CHK) also showed some strength as it closed at an all time high of 33.91!

First Citizens Bancshares (FCNCA) showed its bullish side today as shares enjoyed near 52wk high gains on above average volume! FCNCA closed at 167.25.

Capital Trust (CT) inched its way a little higher, also on above average volume. It closed at 33.57, which is not bad at all!

Ebank Financial Services (EBDC) continued to hold onto its 52 wk high. It settled for a few cents lower and closed up 2 cents at 1.72!

Motorsport Emporium (MSEP) is still a buy in my book (as long as you can stomach some volatility). The stock closed at 0.0118 which is +7% higher than yesterdays close!

UTS Energy (UTS.TO /UEYCF) is a stock that you must absolutely own! Look at TLM and CNQ 2yrs ago and see what price range they were in. Now fast forward 2 years and look at them now! UEYCF is right where they were. This stock is going to double before you know it...don't make me have to say "I told you so!". By a little, forget about it and be happy later on! Oh by the way, the stock closed up over 8%, hitting a new 52wk high of 4.5319!

Trimeris Inc (TRMS) is just plain nuts! This is a stock that I have recently bought (around high 11's) I didn't get a chance to profile it before its big run, but it is still not too late to jump in. I would wait for a small pull back first. The stock has a gap to fill at 16, so don't worry, it will complete the base and then run up to the 20 dollar range. Today it hit 14.78 and closed at 14.65! Don't miss out on a very promising stock. Oh and did I mention the company insiders are buying like crazy lately???!

NGAS Resources (NGAS) I'm telling you guys, while NGS is taking a break from its HUGE run-up, your attention should be focused on NGAS! Forget about ABLE and GEOI-those stocks are not really ready to rise just yet. GEOI is really worth 10 dollars and ABLE is worth only 12 at best. Focus on NGAS for now, until the others are ready to run again. NGAS was up to 9.24 earlier but fell a little as some profit taking took place.

CenterPoint Energy (CNP) is about to blow up! Volume was double today and the stock has also hit a conservative 52 wk high of 15.14! Time is running out before it runs to the 20's! Jump right on it!!

Sharper Image (SHRP) is still a good buy in my opinion. Get in ahead of the holiday season! The stock was up just a little bit, with a HOD of 13.77 and a close of 13.72. I expect the price to pick up as September comes to an end.

Party City (PCTY) is also doing okay. The stock has been under heavy accumulation by institutions. I expect the stock to break out any day now. For now the stock is lingering around the low 13 price range.

National Fuel Gas co. (NFG) is another great gas play (just like CNP). The stock closed at 32.56 and has been under accumulation by company insiders. I expect it to take advantage of high gas and other related fueling costs.

Air Methods Cp (AIRM) is an interesting medical play. It is a medical service company that provides emergency transportation for persons that require immediate medical attention. Very interesting and it has also been under accumulation by insiders. It is trading at 11.36.

Genesis Microchip (GNSS) has been declining the last few days. I told you to hold off until it dips. If you followed that and only bought on days that it had a postive opening then you could have bought the shares at the 23 dollar range!

Marvell Technologies (MRVL) also consolidated the last few days, providing a nice opportunity for an entry! The stock went as low as 44 and closed at the 47 dollar range!

Diodes Incorporated (DIOD) has also been acting great lately. The stock is just resting for the next leg up. The stock recently closed at 38.43

Trident Microsystems (TRID) along with GNSS, and MRVL, has been down. If you have waited then you have been rewarded with cheaper shares at 32.86! Nice!



Now for the stocks that didn't do so well today...........



'kay guys, I'll be back a little later to finish posting. I gotta finish making dinner...Veal Parmesan with Risotto Milanease on the side, lol. Sounds good, but lets see if my cooking skills will help it taste good! Lol I'll let ya know how it comes out!

Saturday, September 17----

Alright, I'm back again to finish up my post! By the way, dinner was actually edible! This is a good thing since I never really cook, lol. Anyway, I am done with the list of stocks that performed well on Friday, September 16. Now I will highlight the stocks that were down for the day. I will also post some more picks and try to add more to the Canadian Stock list. I still haven't found any concrete info on which brokerage service to use for the TSX market. I am waiting for a buddy of mine to send me the info. I'll post it as soon as I can.

STOCKS THAT FLOPPED

Columbus Mckinnon (CMCO) didn't exactly "flop" but it definitely dropped a little on above average volume. I believe this is just the effect of some normal profit taking. The stock is still not widely known so I believe it still has room to grow. It is currently at 23.07. I believe it goes to 25 soon.

Salton Inc (SFP) was also down a little on below average volume. This is indicating that the drop is not due to profit taking, but rather some consolidation. No worries here. The stock is currently at 4 even.

Novavax (NVAX) is also down today, where it is resting at the 1.45 range. The volume is below average so everything is okay for now. I'll continue to keep it under close watch.

Xenogen Corp (XGEN) has been acting lackluster lately. It has fallen since I recommended it. If it continues to perform poorly, I will have to let it go and replace it with another stock.

LSI Industries inc (LYTS) has taken a small dip after quite an impressive run up! The stock is now resting at 18.08.

Solexa inc (SLXA) has been down for a little. This stock has great support in the high 4/low 5 range. I still believe this is a go. It just may take a little longer to get it moving than anticipated.

Amerada Hess (AHC) is a really good stock. So when I found out that it was recently downgraded, I laughed because I knew somebody wanted to get in cheaper! The stock is currently at 133.52. Don't be foolish, grab some AHC now that it dipped a little! AHC will soon see 140...

Red Envelope (REDE) is a nice little retail gift store that will benefit from the upcoming holiday season. It recently went public in 2003, so its technically a pretty young stock. The stock is a little down and resting at 10.13. I sense that the recent insider buys are for a good reason. Dare I say $18-20+ in a year or less? We'll see!

Dobson Communications (DCEL) has been down a little due to its purchase/acquisition of Endless Mountains Wireless. I expect this down turn to be short lived and the stock to be back on track towards $8 in no time!

Global Signal (GSL) is becoming a great deal! I told you to wait before you bought. And if you waited, you would notice that GSL is dropping little by little. It is currently at 43. Keep an eye on it and buy it when it is done with its drop! Believe me, this company is a great one..its just that it had a little run up and needs to rest for a little.

Supertex Inc (SUPX) was down a little bit on Friday at the 29.11 dollar level.

That concludes the Stocks that Flopped section. Notice that the stocks mentioned are all good stocks. I just feel that it is necessary to give you both sides of the stories and not just the good looking side. I still stand by all my picks as great stocks. It's just that they are having a bad day!

Thursday, September 15, 2005

The best investments that you can't get your hands on......or can you?

Hey what's up ladies and gents?


We know Oil is hot and Oil stocks are even hotter. But have we been too focused on Oil Companies that focus too much on the Gulf Coast Region. This pertains to just about every U.S. based Oil and gas exploration/distribution company ranging from Chesapeake Energy (CHK) to Toreador Resources (TRGL). So what should we focus on? Canadian Oil Sands! But there is only one problem. Most of the Canadian Oil and gas plays are listed on the Toronto Exchange and not on U.S exchanges. This can present a small problem because you have to make sure the brokerage you use (whether its an online brokerage or discount brokerage) is able to trade on the Toronto Exchange. I will try to find some info on this and post my results as to which brokerage allow you to trade on the Toronto Exchange (TSX). For now, I would like to introduce you to some Canadian exclusives and some others that are thankfully listed here in the states but as pink sheets (.pk).

By the way, the Toronto Exchange Website is... www.tsx.com

The 1st one that I want you to look at is UTS Energy (UTS.TO). UTS also trades on the U.S markets on the pinksheets as UEYCF. UTS.TO is trading at 4.930 (Canadian) and 4.1774 (UEYCF).

Just so you know, I prefer the Toronto Exchange listed versions of the stocks rather than the pink sheet listed version. The TSX version seems to do a little better than its counterpart. That is why I urge you to trade the Canadian version rather than the U.S version. But believe me UEYCF is not bad. There will be other stocks that I mention that will ONLY be listed on the TSX and not on the U.S, so if you want to play them, you have to play them by the TSX.

Of course I have more picks, but time doesn't permit me to post them. After school and after work I will post some more up. Regardless, I will have more time on the weekend to set up some more and of course other picks as well. I want you to take advantage of the fact that oil is down a little. Anyways, have a great day and happy trading!

Oh by the way, I found out a website (online brokerage) that allows TSX trading. Check out www.bmo.com

Before the Market Close...

take a look at Ebank Financial Services (EBDC)! You know I recommended this earlier before the market opening. It is up to 1.75 (+0.25/+16.67%) for the day and on less than 6000 share volume! MSEP is also showing some strength as the stock is holding onto .0108 rather nicely. It is also up for the day and at a 6% increase. MSEP also had more insider buying today ( a little bit). TRMS is also showing continued strength as well! STV is also back in action after hitting 19 range yesterday. It is up over 10% and has even hit 22 in today's trading! Looks like a buy anywhere between the 19-21 dollar range.

Also, keep your eyes on NGAS Resources (NGAS). It hit a new 52 wk high at 9.32 and is up over 9% for the day! I expect continued strength from this stock in the future. I also advice those who have purchased NGS and are still holding onto it, don't be greedy. I suggest a swap out of NGS and into NGAS, NFG or even CNP or SRE. These are starting to look like more attractive plays in my opinion.

Higher Risk = Higher Reward: Risking it all

Good morning everyone!

Today I want to reintroduce you to some high risk/high reward stock picks that can double your money. Unfortunatly, they can dilute the money you put into the stock as well. Thats why I need you to understand, that when I recommend a risky stock, you shouldn't put too much money into it. A little is fine and I believe its better to be safe than sorry. If you are brave and want to put in more, thats fine, but remember I warned you. So what am I talking about? I am talking about a few small OTC stocks that have significant insider buying in the last few days and great chance at netting you some profits- as long as you have a a little patience and the stomach for it.

99.5 % of penny stocks are pure garbage and lies all wrapped up into a faux news release. Penny stocks are not regulated the same way NYSE and AMEX, and NASDAQ stocks are regulated. News releases are seldom checked for accuracy or legitimacy for that matter. So you are playing at your own risk. Pink Sheet stocks are the worst. OB stocks are a little bit more regulated. Still both are risky. I am not recommending any Pink Sheet (.PK) stocks.


So the 1st stock that I'd like to recommend is Motorsports Emporium (MSEP). I mentioned this one a few days ago and I am mentioning it again because it is still a play. There were two additional insider buys yesterday as well. So how much should you buy? Not too much. I would put in between $500-$2000 at the most. if you want to play it a little more risky, put in $3000-$5000 at the most. I only say this because these stocks are very hard to sell and can seriously detreriorate you initial investment substantially. Caution is needed! Check http://otcbbtrader.com for latest quotes.

The 2nd stock is Ebank Financial Services (EBDC). This one has been under heavy accumulation! It is trading at $1.50.

The one that got away....

This past Monday night (9/12) I was supposed to let you all know about a stock that I believed had great potential. Well, unfortunatly I never got to it and the stock already has a head start on its run up. That stock is....Trimeris Inc (TRMS). TRMS is small stock in the Medical-BioMedical/BioTech industry group. This was supposed to be announced Monday night as a new pick. But the problem was that the stock shot up the next day. So I held off thinking that the stock would drop today and consolidate. I was wrong on that, as you can see, the stock shot up to 14.65. If I recommended it Monday night and you bought it Tuesday morning, you and I both would have been very well off. You would have thought, "nice pick! How did you know it was going to shoot up the next day?!". The thing is I didn't! It was just a pick that I believed had potential because it is in a hot industry and the insider buys were very recent and huge! I never expected it to shoot up the next day. But it did and I didn't get to mention it the night before as I had planned. Well I'm telling you about it now. Plus I want to clue you in on some other stocks.

Chesapeake Energy (CHK) How many times do I need to mention it? Buy some! Going to 35 soon and then 40 dollars.

Amerada Hess (AHC) AHC has some insider buys lately. This tells me that the oil refining giant still has life after the $140 range. If you have the money buy between 50-100 shares.

Red Envelope (REDE) this retail stock is ready to capitalize on the upcoming shopping season. Be like the insiders and get in early on the fun!

CenterPoint Energy (CNP) and National Fuel Gas co (NFG) are the Utility-Gas Distribution industries poster boys. Both are poised to grow with the recent surge in gas demand and price. CNP's 1st target will be $21, while NFG's 1st target is $36. By them while they are still cheap!! Oh by the way, insiders have bought shares in BOTH companies!

Wednesday, September 14, 2005

SFP Insiders are at it again!

It seems as if Salton Inc (SFP) has just started heating up. Although I am not too crazy on the delay of earnings, I do hope it is a good thing, because the Contrarian Equity Fund took it as a opportunity to load up on more shares. How much more? Between September 12 and today, the Contrarian Equity fund was able to gobble up over 440,000 shares of SFP. Now thats a lot! My feeling is the news should be good. The stock is up today at 4.34. With volume a little below average on the delay of earnings, I wouldn't worry about it, as the rest of the investors aren't worried either. If it were bad, we would notice a major dump, not a price increase of near +4%

Has anyone kept an eye on STV? At 19?! Wow! I say wait a little more until the stock gets even closer to its 50 day MA. Note, if you bought at 19, great job! I was off on that, but still it's all good, lol (9/17).

CMCO has hit another 52wk high! Today it touched 23.65 and closed at 23.26!

American Retirement Corp. (ACR) acquisition.

Today, American Retirement Corp (ACR), a stock that I have highly recommended was at a discount today. And why? Because it announced that it is in agreements to purchase and sell Epoch Senior Living. This deal will help ACR acquire 8 additional senior living centers from Epoch. The deal requires a $5,000,000 deposit and is worth around $138,000,000. Well that explains why the stock is down today. Usually, when a company announces it will acquire another company, the stock goes down. This is because investor sentiment drops because of the uncertainties of the deal. People tend to sell on the news and drop the price a little. Too many acquisitions are not healthy for any companies well being. Yet a strategic acquisition that can benefit the company is priceless. I believe this move will benefit ACR in the long run. Regardless, we were given a discount in its price. Remember I said we could expect a move down to the 16 range. All I know is, everyone should have a piece of ACR in their portfolio. I know I will.

- Nick M H

American Retirement Corp (ACR) 3 Month chart

Tuesday, September 13, 2005

Coming home after work means coming home to more work!

Thats how it usually is. I work with my father part time in his construction business. Let me tell you, its a great way to get lots of cuts and scars. Well at least if someone asks you "how did you get that?!", at least you can tell an interesting story for that particular scar. I'm only kidding, though. On a serious note, we should always ask ourselves and others who are following the stock market about any stock that moves up or down. Their is always a story that is told in a price move of +7% as well as a price move of -5%. This goes for any stock you own or are planning on purchasing! Always know why a stock moves the way it does!
The best way to do this is to do simple research. You can use a wide variety of online programs such as AOL Finance, Yahoo Finance, Market Watch and many others including an online brokerage program such as E Trade, AmeriTrade, etc. Your last resort should be the Yahoo stock message boards, lol. If you need more help, it would even be wise to contact a professional broker. Make sure you pick one that is actually into stocks and not just into ripping you off in commission. The ones that can talk on and on about stocks and seem excited talking about stocks, are the ones that actually like stocks. The rest are their just to sell you 200 shares of BS and 500 shares of DNF (Dreams N Fantasies Inc). Heck, you can ask me if you want, and I'll try to dig something up! If I can't find anything, I'll let you know and direct you to someone who I know can.

I've been hearing a lot of about Gateway Inc (GTW). Is it a buy or a sell or a hold. Let me tell you something, there has been some massive insider selling lately. I say, if you made a little profit, take it and run. I really don't trust GTW. I know its cheap and you can buy a lot of shares, blah bla blah! If you like computer companies, go to AAPL.

Columbus Mckinnon (CMCO) was on fire today! It rocketed into a new 52 wk high of 22.75 and closed at 22.34. This was a whole +1.51 (+7.25%) change! Did I mention this is going to 25 soon?

Solexa Inc (SLXA) SLXA is hot once again! And on low volume! Gotta love it! 5.89/5.60, baby!

Novavex Inc (NVAX) was up today. NVAX hit a HOD of 1.84 and closed at 1.72 (+0.21/+13.91%) on news of a vaccine pact with Wave BioTech to make vaccines on a commercial scale. I must issue a warning though. Although some directors are still buying, one director dropped 260,000 shares at 1.57. It makes you wonder if NVAX will soon run out of steam. Big Dave warned me of insider selling by institutions a few days ago. Both of us agreed that company insider sells would raise a red flag. I say take profits everytime the stock runs up like this and buy on dips as long as more insiders keep buying or at least aren't selling. It is better to play it as a small trade, several times than to hold onto your investment and risk it. Short term trades are neccessary in this fickle market.

Corning (GLW) also hit a new 52wk high of 21.95. The stock closed at 21.74 for a +0.54/+2.55% gain! Not bad!

For Wednsday, September 14, keep an eye on SMMU, EBDC, TRMS, AIRM, NVAX, PETC, PCTY, REDE, PEC, EMCI, JMDT, DISK, STV, SFP, OVEN and GSL. Keep a good eye out for the previous Insider Buy stocks that I have mentioned and buy on dips. Stocks such as GSL, CT and a few other stocks have dipped down and are good buys at this level. Also pay close attention to stocks in the construction, construction equipment, and homebuilding sectors in the upcoming, days, weeks and months. This is because 160,000 homes will need to be built because of Katrina. Like I said, if you make money off of a stock that has benefitted because of Katrina, you should donate some of the profits to the RedCross or over organization that provides aid to the victims. I believe it is a good idea and the RIGHT thing to do.
Okay, I'm off to bed! Happy trading tomm!

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