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Money, Business & Finance Ground >> Penny stocks anyone? Your 2011 picks?


12/31/10 6:48 PM
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EVILYOSHIDA
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hi robert. i didn't like the facetious tone.

http://stockcharts.com/h-sc/ui?s=SLV

check this chart.

first of all every significant runup is met with a pullback . here you can see it.

at 24 it pulled back to 23, at 27 it pulled back to 25 at 29 it pulled back to 28.

now it's at 31 and it went up on MUCH lower volume, this thing has little juice left to go any higher. it will correct, stabilize and continue onward, but this current rally is overextended by the technicals.

of course this could all change with another announcement such as QE3, or other types of macro news.

12/31/10 11:04 PM
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WEB
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adxs.ob - cancer vaccine biotech company, already has gov contracts. has phase II trials going right now. only at .12.....has a decent trading range too from around .11 to .15.....
1/1/11 5:18 AM
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EVILYOSHIDA
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SKBI looks good but i'm feeling another wave of chinese hatred on wall street.

wall street keeps the pb and pes criminally low for chinese stocks.

you cannot use standard measures of pe and pb for skbi.

i think skbi would be fortunate to have 1.5-2x book value.

1/1/11 5:26 AM
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EVILYOSHIDA
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LVLT is due for a new year's bounce.

i predict a 60-70% chance of a 10-30% move in the first week of 2011
1/3/11 11:30 AM
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Bean Bag
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Edited: 01/03/11 11:31 AM
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Repligen Corp - RGEN - 1/3/2011 = $4.50
RG1068 for Imaging of the Pancreas
RGEN is currently analyzing the radiographic images from our Phase 3 study of RG1068, synthetic human secretin. The goal of the study is to evaluate the sensitivity and specificity of RG1068 in combination with MRI to improve the detection of structural abnormalities of the pancreatic ducts relative to MRI alone.
There are more than 300,000 MRIs conducted in the U.S. and Europe each year that could benefit from RG1068, a potential market opportunity of over $100 million.
Results expected to be posted in Q1 2011.
They should be posting results in January or early Feb. 

RG2417 for Bipolar DisorderWe have completed enrollment in our Phase 2b clinical trial of RG2417, an oral formulation of uridine, in patients with bipolar depression. The study enrolled 175 patients at 29 clinical sites within the United States. The primary objective of the Phase 2b study is to assess the efficacy of RG2417 on the symptoms of bipolar depression by demonstrating a greater improvement in the Montgomery-Asberg Depression Rating Scale (MADRS) score of the patients receiving RG2417 when compared to placebo over an 8-week treatment period. MADRS is a standardized, rater-administered scale, which has been used for numerous drug trials in bipolar disorder. In addition, the study will assess the safety of RG2417 in patients with bipolar depression including, lack of induction of mania as measured by the Young's Mania Rating Scale. Additional secondary and exploratory objectives include improvements in the Clinical Global Impression scale, difference in MADRS scores after 8 weeks of therapy, and responder rate as defined as percent of patients with an improvement in MADRS score of greater than 50% from baseline to week 8.
Phase 2b results are expected Q1 2011.

 
1/3/11 11:40 AM
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jd11b
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 Good call so far on LVLT
1/3/11 11:52 AM
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Bean Bag
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 China Health Resource - CHRI.OB - 1/3/2011 = $0.035
CHRI engages in the development, manufacture, processing, marketing, and sale of Dahurian Angelica Root (DAR), a traditional Chinese medicine and its related products in the People's Republic of China. The company?s DAR and its related products are used for the treatment of colds and cold symptoms, high blood pressure, pain, swelling, and pustule, as well as an ingredient in food, medicine, and cosmetics. Its DAR-related products include the Bailing Capsule, Yisheng Capsule, Kimchee-Mate, and Fragrant Bag that are sold through regional distributors.
DAR is a common, everyday herb for many in China and is becoming more and more popular in Western Countries.  The market for herbal medicine is rapidly growing on a global basis and the Company believes its herb has great potential to capitalize on the growing trend. The growth rate is currently at 20% each year in the U.S. and 30% in the European Union. China Health Resource, Inc. is focused on standardizing the Traditional Chinese Herbal Medicine and intends to expand into the $27 Billion international herbal medicine market.

There is nothing extremely exciting about the company, especial if you know nothing about their product.  But it is a company that continuously makes a profit and has been growing since 2006.  Their CEO's do not get a annual salary unless they exceed the previous years earnings.  They also take most of their salary in stock.  It should also be noted that Mr. Jiayin Wang is a former senator and has served as president and Chairman of the Board of Directors of Sichuan Yinfa Resource Development Co., Ltd, where he spearheaded the development of the standardization of pharmaceutical grade for Dahurian Angelica Root (DAR) under the Chinese State Food and Drug Administration Good Agricultural Practice of Medical Plants and Animals.  CHRI.ob would be considered a monopoly in America.

I have owned this company since it was below a penny.  It has been running as of late but like most pennies, it runs on news and deflates when nothing is happening.  Even though I believe this company is worth its current price, I will be waiting to purchase when it gets below $ .02.  This is a rare penny stock that would be considered an earnings play and a possible long term hold. 
As for cons, it a company located in China but I believe Mr. Wang's influence counteracts the China factor.  It is also a stock that the penny pirates like to run up. I don't believe that the recent run up was due to the penny pirates but I am not sure.

Good luck to all and as always, due your own due dilegence!

1/3/11 12:25 PM
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Bean Bag
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 Nice rolling stock with future potential.  I have a limit order for $1.95 but do not have shares yet.  They have an FDA catilyst date for RIGScan CR (tumor-specific targeting agent) that should be set 1 Q of 2011, most likely in March.
Neoprobe Inc - NEOP.OB - 1/3//2011 = $2.10
- Pasted from BioRunUp.com -

Pivotal Phase 3 Clinical Trial (NEO3-09), FDA New Filing (NDA)
Lymphoseek (to detect lymph nodes in breast cancer and melanoma for potential spread of disease)
On 10/6/10, completed pre-NDA assessment with FDA, which requested data from ongoing study be included in pending NDA submission, expects to complete the study during 1Q11to support potential NDA filing by mid-2011
RIGScan CR (tumor-specific targeting agent)
On 10/21/10, submitted BLA response letter to FDA as initial step to reactivate development, to enhance the surgical treatment of solid tumor cancers, expects to file amended IND with SPA request to conduct pivotal Phase 3 program in patients with colorectal cancer, expects FDA feedback during 1Q11, will then file Phase 3 study protocol w/ SPA request
On 11/10/10, reported 3Q10 financial results, including 82.6 million (M) shares of common stock outstanding as of 8-Nov w/ stock price of $1.79 as of 19-Nov and market cap of approx. $148M
There is currently no debt on the balance sheet for NEOP.
There have been a lot of insider purchases over the last 3 months:
Insider Purchases for NEOP
WBB $6 dollar price target article
Taglich Brothers article - $4   (not much info)
1/3/11 2:02 PM
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EVILYOSHIDA
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jd11b -  Good call so far on LVLT


yes, like i said i do not bullshit.

i have a system.

i got in at 95 cents.


1/3/11 2:07 PM
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EVILYOSHIDA
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i just want people to check out every call i have made, when i made it and see if it went up shortly thereafter.

1/3/11 2:42 PM
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CBP4
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Evilyoshida is the man! Thanks!!!
1/3/11 2:53 PM
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jd11b
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EVILYOSHIDA - 
jd11b -  Good call so far on LVLT


yes, like i said i do not bullshit.

i have a system.

i got in at 95 cents.



Probably time for an eBook fren.

..or an Android tip app.  I'm serious, I'll write that.

(waiting patiently on next call...)



1/3/11 3:43 PM
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EVILYOSHIDA
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i hope people see what happened to nuro, it got totally dumped.

down 9%
i got out at 75 cents.

not only do i have a formula for getting in, i know when to get out.

i don't even know what nuro does, i only look at price and volume.

this is the danger of playing penny stocks. you need to set a limit, get out at 10%-15%-20% and then bounce.

you can either do that or set a stop loss at exactly breakeven with commission. therefore you ride for free. the danger with this is that the stock might gap down overnight.

be very careful with pennies.

i liken penny stocks to whores at a club. if you are not careful and bang them too much, you will get an std.



1/3/11 3:51 PM
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EVILYOSHIDA
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my next call is chgy.ob

if the stock moves up tommorrow, it will be a buy and good for at least a 10% pop.

but do not buy right now. we need confirmation.

1/3/11 3:52 PM
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EVILYOSHIDA
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you can buy it right now for a bigger gain. but the chance is around 55%, if it goes up 2-3% tommorrow, then there is a 70% chance of another 10% pop at least.

1/3/11 4:09 PM
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EVILYOSHIDA
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again if chgy goes up tommorrow and is still up before close, one should buy.

70% probability.



1/3/11 4:13 PM
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EVILYOSHIDA
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also if people did not get out of jmba. get out!

lol. it will not go higher in the short term.

1/3/11 4:19 PM
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EVILYOSHIDA
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Nuro down 12%.

wait for it to consolidate in the 50-55 cent range. if it holds for a few days, then you can buy again for another 5-10% gain at least.

1/3/11 4:25 PM
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EVILYOSHIDA
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for those that bought lvlt.

if it hits 1.20 and breaks through, continue to hold.

if it reaches 1.20 and cannot break that level, it will go down, better to take your profits and wait.

set stops. set stops. set stops.

i like setting my stops at breakeven. including commission. so always add the commission when you calculate your stops.

also don't post stops at obvious numbers like 1.00, they will make sure to take those out.

set a stop such as .982
1/3/11 4:31 PM
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EVILYOSHIDA
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EVILYOSHIDA - agxm is another good one

at .77 with 70% upside potential to .90

if it breaks .90 next leg up is 1.00

trade technicals and keep tight stops



lol, can i be more accurate? this thing hit .89

i hope all got out for a huge gain. i recommended at 77 cents.

again, if it closes at .91 buy it again. and set a stop at .885

1/3/11 7:54 PM
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salyer36
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I must admit that I am probably the exact opposite when it comes to stock. I consider myself an "investor" that looks for value and dividend yield.


That being said, what you are doing seems fun, and when I get some extra play money I am planning on giving it a shot
1/3/11 8:59 PM
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EVILYOSHIDA
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salyer36,

there are times when you should be an investor and there are times when you shouldn't.

why not do both?

why not hold a core position of stocks and trade in and out to get extra profits?

also buy and hold yielded almost zero in the past 10 years.

the markets are getting a lost faster due to high frequency trading and dark pools and new tools. what would take months to happen before only takes days or hours.

if you have the discipline you can make returns you never dreamed of.

always stay humble and be cautious.

pennies are close to gambling, but a lot better than the casino. in the casino the house always beats you over time. with pennies, that's not the case if you're smart.



1/3/11 10:19 PM
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vegasdolphin
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 I heard many people mentioning that they will be investing in grains & copper. As i mentioned in the original post, i know nothing about stocks, but tell me, what stock symbols are for grains? Copper? And whats your opinion?   
1/3/11 10:27 PM
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EVILYOSHIDA
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my opinion on commodities is that if you are bearish on the dollar stock up on commodities.

it's very likely that is going to be the case.

1/3/11 10:34 PM
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EVILYOSHIDA
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jpmorgan is long copper to hedge their short silver position, so you can be sure that the big money is on your side.

but they can take out the rug from underneath you and leave you holding the bag anytime.

also another word of advice don't get stock tips from anybody on the mainstream media. they are thre to pump and dump stocks.


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