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Beanie11111

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Location: USA

The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Thursday, March 31, 2005

BKHM: We bought this around $2.9 today.

Definately late to this one. I am holding it for tomorrow.

I am feeling exhausted right now. Takin off. Good luck everybody.

DCAI: If you haven't sold already with a break of $22,

consider selling in the mid or high 21's (and buy back with a break of $22 if you still like it).

The reason you want to do this is to protect yourself from the downside. Chart isn't lookin too good.

Looks like oil is hot today. GEOI has

been flyin! We bought some around $9.30 .

I am having lots of problems posting. Maybe it's the computer!

We are also looking into NGPS. I would be a buyer if

it closes above $20 or if it breaks hod today. The 50-day MA is in the high 19's.

We gonna buy it for a swing trade.


DCAI: Support is holding nicely.


OT: On a down day like this (did you know that Thursdays are usually down days? Now you do.) try not to force any long plays. Gotta just sit on your hands.

DCAI: if it breaks $22 or 21.75, i might sell

and buy back at a lower price.

ANTP: It is a very volatile stock.

You could sell in the mid or high 30 and buy back with a break of 31. Up to you. There is also support at 30 and then the mid 29.

Hey guys, it looks like we don't really have

any super low float minicap movers today to take advantage of. So we are sticking with ANTP and DCAI today.

DCAI needs to break $23, and then ultimately $25 (which is the 50-day Moving Average). Once we do that, we not leaving any 'shortie' prisoners behind!

Hey, the truth is you do NOT need to play stocks under $10 to

make serious money in the markets. What traders fear the most with the tinycaps is whether other traders will continue to trade the same stock. Look at GIGA, look at BITS, etc. Most traders start to leave once volume dies out, leaving the slowpokes as bagholders. No matter how much you have, as long as you can buy at least 100 shares you CAN make money trading stocks like ANTP and DCAI. They will always have volume (especially ANTP) and alot of traders interested.

ANTP: If you dont have it already, buy it!

Going to $50 for swingtrade

DCAI: I would be really surprised if we end up

going down. But you should get out if it breaks 21.75 or the lod. We can always buy back later. I have no doubts that DCAI will eventually be a big play. Would not be surprised at all if we get a forward split once DCAI hits $50.

DCAI: I would be really surprised if we end up

going down. If we break lod or even $21.75, you need to get out. We can always buy back cheaper. I have no doubts that DCAI will eventually be a really big play. I am forcasting a forward split announcement when DCAI hits $50.

DCAI: Don't be too quick to sell this one yet.

We might turn it into a swing play. It has very good support at $22. So buy any dips!

In a downmarket like today, it is tougher to find any good long small cap play.

Even if we find any, you would need to be careful and take profits when you have them and cut any losses quickly.

Remember not to buy DCAI yet until it

breaks $22.50

DCAI: Just watch it for now. If it breaks

$22.50, it's going to $24, imo

DCAI: we bought it

just now high 21

Wednesday, March 30, 2005

Oh, almost forgot. I purchased back ELTK

near the close as they rallied it with higher volume. It could be a headfake. I would like to see it trade in the higher $4's (or above) tomorrow. A double bottom was formed today.

roger out....

Sorry guys, i didn't have time to look at all the comments/questions while trading.

If you ever need an immediate answer, just repost your question on my LATEST post. I usually look at those comments/questions first. When i do decide to trade at home again, i will set up several computers to see everything. But for 6 months now, i have been trading at Starbucks with a laptop and i like it tremendously.

Do you notice that during bull runs like we have today, the bigger stocks generate more traders interest? Well, it's true! That's why we couldn't find any tinycap super runner today. In a sideways market, traders prefer low priced stocks.

LANV: I am buying if it goes above $4.

We have very few good plays today, especially the low priced ones. Gotta be nimble .

ANTP: If it breaks hod, we are buying for a swingtrade.

It would be nice if Nasdaq closes strongly above 2000.

ELTK: i dont like what i am seeing here, and where the market is heading.

You are on your own. Think about really selling if 4.50 breaks.

ELTK: We are not really safe yet. It is still

very risky play. If you are not a quick trader or do not know when to get out, i suggest you pass this one. We will get more plays in the days ahead.

If ELTK forms an upside down bowl , it can and will go down.

ELTK: We are buying back in the mid $4's.

I think the low has been established today. Besides, there should be good support at $4.

DCAI: Even though we think it can go higher here, we

are taking profits at $22 area.

I am surprised that we don't have more low priced low float super runners today,

considering how high the market is going today. lol...

Have patience, we will get them eventually. It is pretty much too late to buy anything today. Just relax and give it a rest. They are still hoping to run JCDA. We'll leave it on radar.

ANTP: I am already out of the stock.

It's not the love of my life.

Note to those who have never traded DCAI:

It broke the 50 day MA (around $24) awhile back. You could wait till it goes above the 50-day MA. Much safer that way. Actually, after looking at the chart of DCAI throughly, i suggest a buy for quick traders only. Even though i think earnings are awesome, other big buyers may feel that the stock is overpriced. It is an extremely volatile stock.

DCAI: I am holding this one. Earnings are

awesome. I will be trading it as well, but i expect it to retest $35 in the not too distant future.

It could go back below $20. That is ok with me.

My goodness, ANTP is destroying the shorties! lol

DCAI: Great earnings! I am a buyer in

the low $20's. Buy on all dips for a swing trade!

Congrats on ANTP. I think it will touch $28, which is another resistance point.

JCDA, we are no longer looking at it. Took a small profit already, as stated. There will be other days where we will nail those ELTK, USEG, and GIGA. Don't worry. Let's just leave JCDA.

LANV, if you still have it, has another support at 3.76.

SYBR earnings came out and it could not break

$4. That means you should have sold already.

JCDA: Needs to break $3 and then we really

will be on all traders' radars. The reason we are having a tough time is because traders are selling at the high $2's, using whole numbers as resistance/support (like i talked about to qtpie the other day). Once it breaks $3, traders will dive back in.

ELTK is looking good above $5; buy only if it breaks hod.

LANV is holding support at $4 nicely. I think it is a nice buy here for a swing trade, but sell it if it breaks lod.

JCDA i have a feeling will break $3 today. It is not on the most active/highest % gainers list yet, but once it breaks $3, i am sure it will be.

JCDA: There is alot of momentum on this one.

Now we need to break $3 to really fly.

JCDA: Try to buy on the dips only!

Or buy with a break of $3.

JCDA: i bought in the mid $2's!

Should fly!

Tuesday, March 29, 2005

ANTP: I am having problems with the blogger site.

Sorry, wasn't able to respond in time. But i purchased ANTP before the close below $24. It was an almost straight vertical dip. Oversold. Decent support at $23.

ANTP: Bought some below $24 for a

swingtrade. Drop on large volume. Risky here, but there is support at $23.

SYBR: Earnings report should be no later than Thursday.

I still believe that management is gonna make it good. Management said last quarter that $50 million revenue was their goal since 2000 and that it is a real milestone. They could give us a real gift if they announce profits last quarter and a spinoff of Bill Rancic's cigar company.

It's either fly or die. Risky play here but we are holding thru earnings. If ya play it, don't blame us if things don't pan out....lol

Let's rock!

LANV: I am buying it in the low $4

Sorry couldnt post sooner. computer problems.

Be careful buying anything today, due to market being down.

Monday, March 28, 2005

Wow, what a day! We missed two grandslams today.

One was TAYD and the other was ELTK (although we got a $1 move on it). We were more careful today because ELTK already made a big move several days ago. TAYD, as a tsunami play will never hold its gains.

We have re-entered ELTK near the close since it held above $5, as stated.

Remember that SYBR is a super risky play for holding thru earnings.

ELTK: We are seeing a double bottom in this stock.

If it stays above $5, we are buying for a swing trade.

ELTK: We want to see it form a "bowl" as

it bottoms. Then we will buy back.

SYBR: I just bought back in the low $3.7's.

Still planning to hold it thru earnings.

I am already out of ELTK. The stock is up over 50% on no news today. The chance of correction is high. Even if it goes higher, you might want to take profits now. Don't be greedy here. It is overextended.

ELTK: Be careful now, if it breaks down

$6, it may be done for today.

Tsunami plays are very risky!

I think we may have already missed the run. I am getting out breakeven. Good luck.

I am now very loaded in ELTK in the mid $5's. Strong momentum.

ANLT: Hearing there was an earthquake.

I bought ANLT right about here.

ATEA: I've been doing research on this one and i like what i see.

I believe they will eventually run this one into the $20's just like they did with NGPS and AIRT and all the other low float profitable company. Today it seems that the traders want to trade ELTK. If they look into ATEA i am sure they will find it a very awesome trading vehicle.

I bought some in the 9's for a swing hold. I don't recommend buying here yet until the close or if it breaks $10.

Sunday, March 27, 2005

SYBR: Definately the stock to watch this week!

We are hoping that management will say even better things than the last:

"Mair Faibish, Synergy's chairman and CEO, stated, "We are pleased with our results and with the fact that it appears that we can reach our previously stated goal of $50 million in revenue for 2004. By reaching this milestone, which has been the cornerstone of Synergy's objectives, the company can focus on the streamlining of the financial costs of its operations through better financing arrangements, the spin-off of some of our subsidiaries and an enhancement of our capital structure." Synergy Brands has grown from $20.7 million in revenues in 2000 to more than a $50 million run rate in 2004. "We believe we have established a sound wholesaling operation for the PHS group, a cigar operation, led by Bill Rancic, which is expected to be spun off to enhance shareholder value, a profitable salon products operation, a diversified Canadian co-packing operation and a profitable investment in Interline Travel and Tours."

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Note that we have a position in SYBR around $4.

Friday, March 25, 2005

LEXR: Why did i decide to sell it before earnings, especially when i was thinking about holding it?

Later in the afternoon i came to a realization and asked myself the question, "Why did management annouce the $380 million award the day BEFORE earnings and not save it for the day of earnings?" Then i remembered what INCX management did to their investors. So i sold. In retrospect, i am glad i did.

I had the original intention of keeping it thru earnings. I am sorry that some of you had to leave the computer to run errands and did not see my sell message.

Thursday, March 24, 2005

Have a great weekend all!

GIGA: Should not have re-called it. Broke my own rule. Went up too much already. All should stay away unless you a quick trader.

SYBR: I bought this at around $4 before the close for a swing trade. I am holding this one for earnings, which is expected Monday.

SBUX & PIXR: These are long long long term holdings. Whenever you make big kachingos like we did at quick plays like USEG, ELTK or GIGA, please think about throwing some in these two great great stocks of the 21st century.

Rock on!

GIGA: i sold for a 30 cents loss. Chart is

not normal...lol....

I have purchased SYBR at the low $4 for a swing play.

GIGA: i am buying back GIGA right

here. Looks like it is still in play. Volume is huge.

I already sold my LEXR for a profit. As much as i want to hold into earnings, i am gonna pass this time.

LEXR: i believe it is incredibly undervalued!

I believe $12 isn't far from here, as long as management doesn't say anything stupid tonite. I have a significant portion of my portfolio in LEXR for a longer term hold. I can't find any high tech stock out there right now that has a better proposition than LEXR.

USEG: The time is now to buy it!

Nice break of this morning's high!

LEXR: i sold all my trading stocks this morning

and went all-in on LEXR. Their award is huge - $380 million! Let's put that another way: Theoretically, management could use that money and buy back 75 million shares of stock assuming the price stays at $5 (which i highly doubt)!

We rocked on USEG called at mid $5. We rocked on ELTK called at $2.60. We rocked on GIGA called at $3.70 . Please think about taking profits at 30-50-100% gains. (And once you take those fast gains, think about staying out of the same stock unless you are a fast trader.) If you are greedy, no amount of gains can help ya.

Wednesday, March 23, 2005

GIGA: I just got back home and blogging this now.

While on the road, i called in to check on GIGA, which at the time was in the $5.8's after a $6.19 close. Whenever i see such excitement in volume and a strong closing but the stock is down afterhours, i usually sell and ask questions later. And that is exactly what i did - in the $5.8's . I would see what the stock does tomorrow morning before re-entry. Looks like it may be some shorties scaring the longs into selling, which caused a domino effect. Remember, a stock can be played both ways. Just as it can be bought up for a profit, it can also be shorted down for a profit.

USEG: i re-entered USEG afterhours. It hasn't really closed the gap yet at $5.40, but the current price is a 50% retracement of the gains from the run that started at $4. Let's see what shakes tomorrow.

beanie11111

GIGA: Congrats if you bought it the same

price i did (even though i was shocked when it dipped 30 cents after i bought in...lol)

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=giga&sid=0&o_symb=giga&freq=2&time=20

Now, you tell me where you think GIGA will be? imo, we have ways to go!!!!!!!!

wheeeeeeeeee!

You should have taken at least some profits in ELTK by now. Stop being so freakin greedy!

GIGA: Hey guys, i just bought GIGA at 3.6-3.7

I think it's gonna fly today. Another low float with a huge contract announced.

Tuesday, March 22, 2005

The market needs to rally back tomorrow and hold.

If we don't, the nasdaq is headed to the low 1900. There's been alot of selling these last 3 months, presumably because people have been taking their profits to pay taxes on April. The path of least resistance now is down. I would not be surprised that we go down until April 15 - tax day.

USEG is a stock you really need to put on your radar daily, especially if you already completely sold your positions. Bloomberg and others are saying that a uranium bullmarket is still in the early stages. There's only a handle of about 4 uranium mills/mines in the USA currently! Last year, we only had the capacity to generate about 2 million pounds of uranium for the US. This year it is estimated that we will double that. Most of it are produced by 2 companies. In the last giant uranium bullmarket in 1980, we were generating over 40 million pounds of uranium annually! Several companies want to build nuclear plants to supply an urgent need. USEG's uranium mill is slated to reopen in the middle of next year. Hey, remember that USEG isn't just a uranium play.

USEG is slated to go higher. If USEG were to correct 50% of the gains it had made since the move starting from $4, then we get $6 as a major support level.

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ELTK: Congratulations everybody! All longs are now profitable. Even though i think it can initially go to $5-6, you may or may not want to wait for those targets. No one ever went broke taking some profits, especially on volatile and risky stocks. You are now on your own. Good luck and have a very profitable trade. Obviously, it looks like it's gonna gap up tomorrow and a big gap at that. :)

USEG: When it broke the lod, it was time

to sell, if you were watching, but you would have made a mistake to sell it all the way to $6.50, which happens to be another support level. That was the level to buy the stock back. The market reacted badly to Greenspan, but to throw all your stocks away without buying it back at the close is insane.

ELTK was called at $2.60 this morning and was recalled again in the low $3. If you hit profits on those two runs, congrats! The first run went to 3.50 and the second run ran almost to $4. When the market tanked it was time to take profits. But to sell ELTK all the way to low $3 is another insane move...lol... Congrats if you bought ELTK near the close at the low $3! This is how the game is played and when you are confused, look no further than the support levels!

Let's see what tomorrow brings. I think the nasdaq will rally back above 2000.

ELTK: Congrats if you played this morning

at $2.60 and took profits near the hod. ELTK seems to be very strong and is garnering alot of trader interest. I bought back in at the low $3, which seems to have pretty strong support. We are looking for a short term move to $5-6. Swing trade.

Monday, March 21, 2005

USEG is on fire! Volume today doubled yesterday and almost six times the day before!

What does all this tell ya? USEG is now traders' heaven. We are in a commodities bull market and USEG is a gold, gas, oil, uranium, and molybdenum play all rolled into one! No matter which commodity the talking heads on CNBC pushes, we feed them all! lolololol...... USEG is Wind, Earth, Fire, & Water. It feeds them all! lol... Check this out: If USEG were just an oil play, it would have went down silly with ABLE & GEOI in the late afternoon! Longs gotta love it! Once we break $10, $20 is not far away!

USEG should have another giant run (or two) left in it before a mini-correction, and then onwards to new highs. Mangement can definately help us out even more just by printing new press releases...lol. Oh, just in case you don't know already, management already helped us out this month by buying USEG shares (via exercising their options).
http://www.marketwatch.com/tools/quotes/insiders.asp?siteid=mktw&symb=USEG&sid=5131&time=4 ... That happened in March 2005! None of the others we have been trading had any insider buying. Not ABLE. Not GEOI. Not NGAS. Not FUEL. Not anybody...

You don't believe we are headed to $10 in a hurry? Well, we are! We have the historical chart of USEG on our side. We have the commodities prices on our side. We have China moving full steam ahead in chumping down every imaginable commodity in the years to come. Only ABLE and GEOI needs to worry about the crude oil prices correcting. We don't! Because we got gold, got uranium and we got the $20 billion molybdenum that give us bouyancy and levitation...roflmao.

Oh, be sure to read the previous post from this weekend if you just bought the stock.

Let's rock!

Saturday, March 19, 2005

USEG: the sleeping giant that already has one eye opened!

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By DUSTIN BLEIZEFFER
Star-Tribune energy reporter
Thursday, February 10, 2005

A recent price recovery in the world's uranium market is nudging a once-giant industry from a 20-year slumber in Wyoming.Riverton-based U.S. Energy Corp. recently announced a new partnership with Canada-based Bell Coast Capital Corp. The partnership aims to reopen the Sheep Mountain uranium mines located in the Crooks Gap mining district in south-central Fremont County.Production of uranium oxide, or "yellowcake," could begin by mid-2006, according to the companies.

"I think you're going to see a lot of activity," said Keith Larsen, president of U.S. Energy.Larsen said a couple of North American uranium mill closures and a shrinking supply of tailings used to "blend-down" weapons-grade uranium from the former Soviet Union have contributed to rising uranium prices during the past 18 months. Prices wallowed at $7 per pound in 2000, but have recovered to $21 per pound on the spot market, and $26 per pound under contract.

"It's pretty darn exciting right now," Larsen said. "If you start looking around Wyoming, you'll find a lot of people looking to get into the uranium business, and a lot of people who were in the business are looking to getting back into it."Uranium mining activity peaked in Wyoming in 1980, employing 5,300 people in the state and producing about 12 million pounds per year, according to the Wyoming Mining Association. Back then, prices for Wyoming yellowcake ranged from $35 to $40 per pound.Currently, CAMECO's (ticker: CCJ) Smith Ranch-Highland mine north of Douglas has the only active uranium production in Wyoming. The in-situ process yielded more than 1.2 million pounds of yellowcake in 2003, according to the Wyoming Geological Survey.........

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US Energy (USEG) has been on our Special Situations list since August 2004. Since that time it has risen in price from 2.15 to 3.50. This little company has holdings in a variety of natural resources—gold, natural gas, uranium, and molybdenum. The value of its holdings may be worth many times more the stock price.Last week, one of their two outstanding lawsuits was resolved. It’s a long and complicated story, but the bottom line is that they now own a molybdenum mine near Crested Butte Colorado. The value of the metal has gone from $3 to $30 per unit since 2002, and their reserve is worth—get this—$20 billion. This is, of course, what the metal is worth “in the ground.” But it is a huge asset for a company whose market cap is only $54 million. There is a catch, however. While there is an old mine on the property, they have to get a permit from various state and local authorities to restart the mining operation. But they own a federal “mining patent” that gives them some assurance that if they just go through the procedure, they will have to be awarded the permit. Of course, the environmentalists will try to stop it, but my discussion with the company president last week suggests to me that the environmentalists have no solid basis to stop the mine. It is an underground mine, not an open pit mine—so no ugliness issues. There is not the environmental impact of cyanide from mining molybdenum as there is with gold. And there is already a very expensive ($200 million) water treatment plant on site that treats all the water from the old portion of the mine before releasing it into a creek.There is a second old lawsuit, this one concerning their uranium operations, which is due to be settled by an appellate judge any day now. The bottom line here is that the company is expected to get somewhere between $5 million and $27 million. The original verdict was for $20 million, and as I understand it, the only issue is not whether they will be compensated, but how much the final award will be. I offer no guarantees as to this interpretation; presumably the court could do whatever it wants. However, it is fair to conclude that the chances of some kind of a victory are good. And the end of all these issues ushers in a new era for the company.The stock could go a lot higher. It is still an unrecognized natural resource play.
Disclosure: We own shares of USEG in accounts we manage. MeekMarketModels.com

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Ok "beanie" readers, are you ready for this one?! It's gonna blow your socks off! Read it carefully!
>>>>>>

RIVERTON, Wyoming (November 7, 2002) – U.S. Energy Corp. ("USE") (NASDAQ/NMS: “USEG”) and Crested Corp. ("Crested") (OTC Bulletin Board: “CBAG”), d/b/a USECC, announced today that on November 1, 2002, Phelps Dodge Corporation (PD) and its subsidiary Mt. Emmons Mining Co. (MEMCO), (plaintiffs) filed an amended complaint with the U.S. District Court for the District of Colorado. In the amended complaint, PD withdrew its claim on the return of advance royalties paid by PD and its predecessors that amounted to just under $1 million. PD’s motion to amend the complaint was granted by the Court on November 4, 2002. Earlier this year, PD and MEMCO sued USE and Crested (defendants) over certain contract rights on the Mt. Emmons molybdenum deposit located three miles west of the town of Crested Butte, Colorado. In the complaint, Plaintiffs were seeking declaratory judgments on issues regarding: (1) the transfer to USECC of the Mt. Emmons mining properties and the obligations to operate a water treatment plant located on the properties; (2) claims that the acquisition of Cyprus Amax Minerals Company by Phelps Dodge in 1999 was not a purchase that would trigger a payment to USECC of $3,750,000; (3) that PD has no obligation under the contracts to pay USECC the advance royalties, and (4) claims that Phelps Dodge and its predecessors, AMAX and Cyprus Amax Minerals Company mistakenly paid advance royalties to USE and Crested beginning in 1991 and that USE and Crested should return the money. PD’s amended complaint withdraws this item (4). (See press releases of June 26, 2002 and July 16, 2002) On October 31, 2002, USECC filed an amendment to USECC’s original answer and counterclaim against PD and MEMCO with more specificity on anti-trust issues alleged in the first counterclaim. In counter and cross-claims filed in the case, USECC contends that Phelps Dodge and its subsidiaries committed several breaches of contracts in the agreements, including breach of fiduciary obligations and covenants of fair dealing. More specifically, USECC’s counterclaim (1)
Press Release November 7, 2002 Page 2 of 3 contends purchase of MEMCO by PD’s wholly owned subsidiary CAV Corporation, contractually triggers the payment of $3.75 million to USECC; (2) rejects the contention of PD and its predecessors, Cyrus Amax and AMAX Inc., that they had mistakenly paid royalties since January 1991, and ask that the payment of advance royalties continue; (3) refuses to accept the inclusion of a water treatment plant on return of the properties to USECC which USECC claims is a violation of the original contract with AMAX, and (4) contends that the purchase of Cyprus Amax by PD’s subsidiary caused damages to USECC. Discovery proceedings are underway in the case.

In 1974, USECC leased twenty-one (21) mining claims at Mt. Emmons to AMAX Inc., which cover the discovery later made by AMAX of one of the largest and richest deposits of molybdenum in the world, and contains an estimated 143 million tons of material averaging 0.43% molybdenum disulfide (MoS2). In 1977, USE and Crested sold an additional adjacent 174 mining claims to AMAX for $9.5 million. Commencing in 1984, AMAX began paying an advance royalty of 700,000 pounds of molybdenum per year or its cash equivalent, one half to each USE and Crested, until commencement of production at the mine. Reportedly, after spending in excess of $200 million on exploration and mine planning activities at Mt. Emmons, AMAX experienced financial difficulties. In 1986, USE and Crested agreed to assist AMAX by substantially reducing their annual advance royalty to 25,000 pounds of molybdenum or its cash equivalent to each, so that AMAX could continue to hold the properties and eventually bring them into production. Thereafter in 1991, Cyprus Minerals Company acquired AMAX Inc and became Cyprus Amax Minerals Company. In October 1999, CAV Corporation, a wholly owned subsidiary of Phelps Dodge, purchased control of Cyprus Amax and its subsidiaries (including MEMCO) by acquiring over 89% of the outstanding shares of Cyprus Amax, and Cyprus Amax thus became a subsidiary of PD. AMAX, Cyprus Amax and PD continued paying USE and Crested the cash equivalent of the advance royalty until January 2001, when Phelps Dodge unilaterally ceased making the payments.

"We welcome Phelps Dodge’s withdrawal of the advance royalty claim and view this as a positive development in the lawsuit. We do not like being involved in litigation, but look forward to presenting our position to the courts,” commented Keith G. Larsen, President of U.S. Energy Corp. “Simply put, we expect Phelps Dodge to (1) pay USE/Crested at least $3.75 million, plus interest; (2) return the properties; (3) retain the water treatment plant ownership and operation; (4) pay damages to USECC which they have suffered because of PD’s purchase of Cyprus Amax resulting in monopolizing the molybdenum market in the U.S., and (5) pay damages because of PD’s and its predecessors neglect of the Mount Emmons project,” Larsen concluded.

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From June 2002 press release:

"We welcome this lawsuit and look forward to presenting our position to the courts,” commented Keith G. Larsen, President of U.S. Energy Corp. “Phelps Dodge received accruals of some $252 million to cover environmental remediation and other liabilities when it acquired Cyprus Amax in 1999. In the early 1980s, AMAX, without the consent of USE and Crested, who were only royalty owners, built a water treatment plant for the water discharged from the mountain at Mt. Emmons. It now appears that Phelps Dodge does not want to use a portion of the funds received from Cyprus Amax to continue treating the water. Instead, Phelps Dodge is attempting to saddle our two companies or the State of Colorado with the obligations to clean up the water being discharged from Mt. Emmons, and we will vigorously oppose this action. We also expect Phelps Dodge to (1) pay USE/Crested at least $3.75 million, plus interest, (2) return the properties, and (3) retain the water treatment plant ownership and operation. USE and Crested have initiated discussions with reputable mining companies with the intent of putting this very valuable property into production on a smaller scale than AMAX had designed, thus minimizing any environmental impact." John L. Larsen, CEO/Chairman of USE and Crested stated that, "Over the past 2 ½ years, we've attempted to meet with Steve Whisler, Chairman and CEO of Phelps Dodge to resolve the issues but we were always referred to lawyers. It's tragic when management of mining companies cannot solve their differences but resort to the courts. I believe the litigation against USECC was ill-conceived by Phelps Dodge management." He added, "Phelps Dodge’s claim in the litigation that they did not purchase the mineral properties (thus triggering a payment to USE and Crested) is absurd and we will not only aggressively advance USECC’s position, but intend to file counter claims on other matters against Phelps Dodge. Their contention that the advance royalties paid to USECC by AMAX, Cyprus Amax and, more recently, Phelps Dodge was a mistake and that the Court should require USECC return the monies, is equally ridiculous. The same can be said of their third claim -- that USECC refused to take the Mt. Emmons property back. USE and Crested would welcome the property back, but not if it is burdened with expensive never-ending costs associated with operating the water treatment plant that AMAX constructed. USECC was never consulted about the installation of the water treatment plant. We believe that a jury will rule in favor of USECC concerning this issue as well." Mr. Larsen concluded.

@@@@@@@@@@@@@@@@@@@@@@@@@@@

Hey, no matter how you look at it, Phelps Dodge (ticker: PD) is gonna have to pay up. Their greed is outrageous, especially considerating they made over $1 billion in income last year. USEG, the sleeping giant, is about to wake up! Can you say, $20?

Friday, March 18, 2005

USEG: A break of lod and a reversal offerred good re-entry.

USEG closed near high of day. Congrats. We will see what Monday brings. Have a good weekend!

USEG : Think about temporarily selling

if it breaks lod.

Congrats USEG owners!

Now we need to keep it above 6. Once we break 7, the world becomes our oyster. If you don't have the stock, the low 6 is a good entry point, imo.

Congrats USEG owners!

Now we need to stay above 6. Once we blow pass 7, the world is our oyster.

Thursday, March 17, 2005

USEG: Here's a sleeping giant that's about to wake up!

All it needs to do is break $6 (preferably $7) and stay above it.

This is what we are running up against:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=useg&sid=0&o_symb=useg&freq=2&time=12

But once we break the resistance(s) at these levels, guess where we headed? Start salivating because...... check this out:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=useg&sid=0&o_symb=useg&freq=2&time=20
Shouldn't it give us a minimum of $15 this time? Well, let's see how precious our steel, oil, gas, etc., are these days.......

USEG: I am also buying this stock

in the low 5.

FUEL: Today broke out of the downtrend

line!

go to www.bigcharts.com and check out the 10-day-chart.

There is also a 2-week triple bottom of $2.50 .

With respect to ABLE and GEOI, ask yourself this question: "Who will continue to bid both of these stocks higher, especially without news?". They could go higher, but i doubt that much higher. Note that you don't get too much news releases in the oil industry, unlike hi-tech. FUEL is undervalued compared to both ABLE and GEOI.


OT:
INCX volume is dying significantly. All the traders are gone.

FUEL : Buy in the low $3!

I believe both ABLE and GEOI are very extended in their run very soon.

But i believe a better company is actually FUEL, whose run hasn't really started yet even though it went to $4 several days ago. It is definately better than BDCO (that ran to 4.70 today), which i think is not a good company. If oil stays high, i expect FUEL will take the lead over both GEOI and ABLE eventually.

I bought today in the very low $3.

GEOI is consolidating for a big move

up or down. Since it consistently stayed above $10, it is now my belief that it will attack 11 possibly today. Obviously if it breaks down 9.7, it is headed back to 9.

Wednesday, March 16, 2005

Wow, what a day! The market's getting killed.

There is an 80% chance we gonna have a selloff in the morning. We are hoping it won't continue throughout the day.

GEOI will likely dip back to the 8.3-8.7 area before making another run for 9.50 area, which if it fails again will take us down to 7.00-8.00 area the next few days.

I am out of all stocks and sittin on 100% cash for now.

EZTO's chart today looks excellent!

Based on the 2 day chart analysis, and what EZTO is doing today, i really expect EZTO to close around .17 today and really take off tomorrow!

Mark this post!

EZTO, ABLE, GEOI, INCX, GRU, NGPS

Get ready to buy them on the gap down.

Tuesday, March 15, 2005

Anybody who has friends that sell on EBAY, you

might want to guide them to http://www.ez2auction.com if they are sick and tired of eBay fees! lol

EZTO should go higher tomorrow after it gaps down tomorrow morning. Look to buy at the gap down. By the way, if you want to learn about trading, EZTO is a really good place to start. Since the movement is very slow, it gives ya a chance to read the daily chart and think about what your actions will be before placing them. Additionally, it does not require a large portfolio to start.


OT: Buy INCX on the gap down tomorrow. INCX has been rolling very nicely from the low 11 to high 11's/low 12's for days now. It is a dead stock, but would have yielded lots of profits just by playing the rolls!

I just bought back some EZTO at the low .15, which is rather strong support!

It may or may not go lower than .15 . But that level was also support yesterday. I recommend, if you don't have any or if you already sold in the morning, that you buy at least 1/2 back at these levels.

The market suddenly took a tanking! Hey dudes,

if you got profits in any stock, start taking them! You can always buy back later or tomorrow morning. It seems all the stocks are broken today. The market really needs a good rinsing and i think we will get it today and possibly the rest of the week.

You should all be out of BOOM right now.

Even EZTO might correct some more today. I am already out of EZTO and looking to buy back in with the break of .18 or at the end of the day (if it tanks).

AIRT looks like it was gonna fly today, but i am not sure if it is gonna happen when the market took a turn earlier.


Be wary on all your long positions!

AIRT: i recommend buying at all dips today!

AIRT will soon be ready to the the Air Jordan move! lol

EZTO: i recommend buying in the low

.16 or below for an entry if you dont have the stock, or if you just want to add more. I am reading the chart right now and it seems to be great entry right here right now.

Those who sold EZTO in the low .15's are fools is all i can say.

You know who your are!

lol

Buy on all dips!

Monday, March 14, 2005

I still have my shares of EZTO. I sold only

about 3% of those shares. lol

EZTO should break .20 tomorrow.

INCX is in a rolling phase right now. Sell in the high 11's or low 12's, and rebuy in the low to mid 11's.

GRU rebounded nicely. As expected, GRU

is participating in the earnings run.

I feel BOOM is running way too far and too fast. Hey, doesn't mean it won't go further! lol

Please think about holding EZTO for at least .20 . If you haven't bought it yet, buy at the dip below .14 .

Guys, consider buying EZTO for

a swing or intermediate trade. This stock was recently picked by Lebed. Because it has about 120 million shares outstanding and 60 million in the float, i would play this one. Market cap is only about 14 million. With their recent acquisition of Jet99.com, they should have decent revenues this year. They have too many websites to mention.

Take big profits when you have it.

I just bought AIRT for swing/daytrade.

Friday's move was obviously a reversal move. I don't expect AIRT to close below $16, if it should correct today. If there is a stock i believe will eventually become a very big corporation like UPS, it's AIRT. They currently have business on the east coast. Now, if they would continue to expand across the US, they could become a huge company one day. This may require hiring top notched management. One more thing, AIRT has virtually no competitors! At least for now.

PACT is doing great.

INCX going above 12. Would be great if it closes above $12.60.

RKTI is gonna blow the lid of the freakin top!

http://biz.yahoo.com/bw/050218/185151_1.html dated 2/18/06

In particular, pay attention to the following paragraph:

"...Rocketinfo's ability to incorporate current news from multiple sources gives developers a fast, easy and cost effective way to add huge value to both enterprise and consumer applications and services. Numerous major technology and business partnership opportunities have developed since Rocketinfo began focusing on distributing embedded search services. "


Initial very short term target $5

Friday, March 11, 2005

RKTI currently has no revenues last year.

But please read the press release on December 22, 2004! Here is an excerpt:

"Concurrently, the Company has executed a multi-year technology provision, licensing and services sales contract with a U.S. based organization for Rocketinfo content and technology. Rocketinfo will utilize the new Internet Data center to fulfill the hosting provisions of this contract. This joint venture program is expected to launch in early 2005. The Company expects this contract to contribute EBITDA for fiscal 2005 in the range of $3.0 to $4.5 million with annual growth thereafter. The Company anticipates that this arrangement will represent a significant contribution to net revenue in fiscal 2005 and beyond."


Take big profits when you have them.

RKTI has about 13-20 million

shares outstanding (from my quick reading...lol)

RocketInfo probably has one of the best News Search Engine available. www.rocketnews.com


Management created a new business model last year and thinks that if they have enough financing to implement their new business model, they could obtain significant results.

I bought RKTI in the low 3.

If you want a low priced stock that is in the internet search sector that is gardnering interest the last two days, then RKTI is it. I am swinging this one. Very difficult to daytrade it...lol

If there is a cheap and low float high tech stock out there,

NGPS is it!

I am buying a position in NGPS here in the low 19 for an intermediate to longer term hold and trade.

Thursday, March 10, 2005

Since MCEL did not breakout $3.15 all

day, you should cancel the buy on it. I am out of MCEL near break-even.


I have entered a position in GRU at the low 19, which is support here. The gap up from several days ago is mostly filled. I am buying GRU here for an earnings run, which i believe will happen. You may want to get out on the day before earnings.

I said earlier that i would tell you about a stock for an intermediate and long term hold. The stock is RFMD. I used to love that stock several years ago. RFMD was upgraded this morning to an initial target of $8, from $6. I believe the stock is due for a recovery after having been down and out for a long time. I am buying RFMD here in the low $6.



rock!

I am buying MCEL at around $3 this

morning for a 1-2 day trade. Volume is high lately. Price has also appreciated from the low 2 to the current price in 3 days. Yesterdays press release regarding delivery of their portable energy system to the military piqued investors/traders interest. Consider buying at the break of $3.15 rather than right here unless you want to take a bigger risk like i did.


I will be giving another stock later that is worth accumulating for the intermediate and long term.

I am buying MCEL at around $3 this

morning for a 1-2 day trade. Volume is high lately. Price has also appreciated from the low 2 to the current price in 3 days. Yesterdays press release regarding delivery of their portable energy system to the military piqued investors/traders interest. Consider buying at the break of $3.15 rather than right here unless you want to take a bigger risk like i did.

I am buying MCEL at around $3 this

morning for a 1-2 day trade. Volume is high lately. Price has also appreciated from the low 2 to the current price in 3 days. Yesterdays press release regarding delivery of their portable energy system to the military piqued investors/traders interest. Consider buying at the break of $3.15 rather than right here unless you want to take a bigger risk like i did.

Wednesday, March 09, 2005

Consider buying ELN for an intermediate

to long term hold. In about 6 months, we will probably know whether they will re-sell their product that they pulled out of the market. If they do, ELN is headed back to at least the high 20's . Watch the chart. People have been buying the stock for 3 days now. If ELN's drug re-enters the market, you got a great investment bought below $8!

I am calling it at $7.45 . When it breaks $8, it could move fast and furious.

Tuesday, March 08, 2005

Comments regarding your picks...

Thanks for reading my blog. I will not comment on any stocks that i didn't look at, so will not be replying to your stock picks. Sorry, there is a reason why this blog is called Beanie's blog. lol


Disclaimer:
As always, you buy or sell any of my picks at strictly your own risk. I highly recommend you do not use margin when buying risky stocks, as most low float fast runner stocks surely are. Take care.

I am already out of every position, except

for a re-entry in INCX at 11.30 .

Today there is definately institutional buying of INCX. This morning, the stock went lower on high volume all the way to the low 10 (which, by the way, is a natural support). A reversal after hitting the low 10 is expected. But why didn't it reverse back down to 10 or below after the bounce? It's because institutions (the big boys) are buying aggressively. If they were to just cover their shorts, the stock would have reversed back down later in the day, but it didn't. We got over twice the volume of yesterday and closed in the higher trading range. That is definately institutional participation today!

This morning's sellof was, in my opinion, the work of the true longs selling and capitulating (they couldn't handle the dip anymore and just gave in and sold!) When i went back to the INCX in the afternoon, there was hardly anybody posting on the INCX board! I realized later that it was probably because they 'capitulated' - sold and moved on.

The best time to buy wasn't necessarily the low 10's because it could have continued to go lower. The buying after the morning's dip was on high volume and there were little selling going on; it even made some gains on top of the reversal of the morning's loss. It eventually formed the intraday cup-and-handle formation and we blasted off in the end. Closing above $12 was good, but closing above $12.60 would be better.

In my opinion, what happened today was classic institutional buying at the dip. High volume capitulation plus high volume net buying + additional net price gains + natural support at $10, were very enticing to the institutions to buy.

Let's see what rocks tomorrow. We want to see INCX close above $12.60 to be extremely bullish.


I sold all my other stocks in the morning and afternoon, and is now fully loaded in INCX at average $11.30 .

My research indicates there is

institutional buying of INCX today! Whether they continue to buy tomorrow is another story. But i believe the low $10 should hold very strongly.

I am already back in INCX, in a very big way.

Everything is flyin'!!!!

Congrats PACT owners! You knew this day would come didn't ya? It is a technical breakout without news. Could be the beginning of an earnings run.

BOOM is going crazy! Congrats! Starting thinking about taking profits here.

GEOI is still in lingo but holding very well.

ABLE is very strong. It looks like it really wants to take off. Don't buy ABLE unless you like volatility.

ELN is for a longer term hold.


Rock on.

I suggest everyone to buy shares of GRU!

At any dips!!!!

News today with Google is very significant for the company, imo.


Buy all dips! There is no other way of saying it.. Rock on!

Monday, March 07, 2005

Nice trade on ABLE when it broke hod today!

Great job! I personally bought at 10.15 and sold at 11.60 for a quick scalp.

Both ABLE and GEOI are still ok (technically) to hold as of now. We will see what tomorrow brings. Stay away from NGAS, folks. Today's sell of the stock was from rather high volume. There is way too much resistance up ahead for NGAS.

Congrats to all BOOM buyers several days ago! You rock!

Ok guys, time to accumulate GEOI !!!

Buy below $8 or the low $8. Support is holding, but if it breaks down 7.60, be wary.

WIND is performing nicely and is a rather safe stock. I expect it to be a $50 stock by year end. CRM should be great as well. These two stocks make great core tech positions.

Are you just destroying PACT sellers day in and day out on the 50 day MA plays? You rock!

Sunday, March 06, 2005

Let's find more great plays!

We are just killin' the competition with our 1 day trades! (If it goes up this much, don't even think about holding it as an investment unless you want to experience serious pain!)

ABLE up 85% in 2 days, after the call
CNCN up 100% the next morning, after the call
PTSC up 50% the same day, ......
MAMA up 40% the same day...
ALTI up 150% the same day + next morning
ELON up 40% the next morning
BITS up 70% the next morning
GEPT up 70% the next morning
GRU from 16 to 30 in one week

and many more!

No, i don't go in at the beginning of the run (only the lucky ones, the psychics and big-time manipulators do that!) I see the run and I see whether or not they have more room to run (by looking at charts, etc), and we dive in for the ride and then we take profits along the way (which is the hard part!). When we get sufficient profits, we sell some (if not all) right then and there and ask questions later! It's just me making the calls, and i play most of my calls (including the ones i don't call publicly...lol). I don't have friends in high places or "in the know", and i don't have a following like Mr. Pacman328 or Mr. IceMan. I just have a few people on message boards who wants me to continue posting, because they want to follow. So, that's what "we" refers to. You take the trades, fine. You don't take the trades, fine as well. Just do so at your own risk. But if you do, make sure you really start taking profits as it goes up 30%-50% or 100%. If you are greedy (and i have been at times), then you are on your own. If i don't mention the stock anymore, it usually means i have little or no position in it anymore. Whatever profits you make, i don't recommend you put all of it back into the next trade, because you are bound to make mistakes. Transfer some profits back into your bank account, use it, give it to your wife/husband, buy Pixar stock, etc, whatever. But don't take everything and dive back in the next trade!

OT: Recently, the biggest mistake i have made is putting money into INCX and holding it thru earnings, when i had lots of reservations about it days before. I succumbed to greed and the INCX hypsters that sounded like they have inside information. lol. I got out with a loss. We learn from our mistakes and we move on. End of story.

Let's rock tomorrow!

Saturday, March 05, 2005

My opinion on NGAS and GEOI, right now right here.

NGAS obviously do not have as much gas as GEOI due to its large float compared to GEOI.

If you look at the one year chart on NGAS, you get a triple top around $6:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ngas&sid=0&o_symb=ngas

If you pull out a 2 year chart on NGAS, you get almost sextuple (6 tops) at around $6:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ngas&sid=0&o_symb=ngas&freq=1&time=9&x=16&y=13

If you look at the 2 year chart again on NGAS, you get something like triple top near $7.


These are very significant barriers for NGAS - around $6 and around $7. Friday's move, even though it closed above $6, hasn't really break $6 in a significant way. I believe no matter how much they gap it up on Monday, it won't come close to $7 and then the gap will be faded back to $6 or below. The resistance at $7 represents very significant resistance. If they want to break $7, it will probably require a few days of staying above $6, and the oil sector has to be really really white hot...imo.


GEOI on Friday: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=geoi&sid=0&o_symb=geoi&freq=7&time=18

It gapped up from Thursday and formed (on Friday) an inverted BatWings Formation (this is a term i made up for the pattern). 90% of the time, this gap up from previous day Inverted BatWings usually results in a correction the following day. This time it may be the other 10% that the stock will continue upwards, maybe due to the fact it has a very low float and a huge group of traders are waiting to dive in. Either way, i would not buy GEOI premarket nor the first 30-45 minutes of trading. But if later in the day it takes out $7.23 convincingly (kinda like what ABLE did on Friday afternoon), i would be a buyer.

GEOI's 2 year chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=geoi&sid=0&o_symb=geoi&freq=1&time=9

On Friday, GEOI broke out of the previous high (around $6.50 - $7) established November of last year. But it did not continue above $7 and retraced back below $7. I suspect that if GEOI could fight the inverted Batwings trend and break the $7 and $7.23 on Monday, it is very likely it will fly. I will be watching both NGAS and GEOI, but my preference would be GEOI. I would not be an early buyer of GEOI though, but will be looking for a breakout of $7.23 for entry.


Rock on!

Ok dudes, here's what this comes down to!

ABLE accelerated to a high of $12.89 the last 30 minutes of trading on Friday. I made the call to buy ABLE at the low $7's when it broke out of the valley on Thursday. Now, that is over an 80% gain in 2 days!!!!!!!! If you didn't take some (or all) profits on ABLE on Friday when it went vertical, i got this to say to you, "You might as well find someone to bend ya over and kick ya out the window! lol". Dudes, what are you thinking? Remember i said to start taking profits when a stock moves 30-50-or 100% in one day or two! Why? Because there is a high chance of a correction (which could be serious) after the huge moves! If INCX went up 80% in one day , don't you think it will correct very soon? Take those freakin' profits from the 1 - 2 daytrades and buy more INCX if you like, but dudes, don't be a greedy octopus.

If oil goes up on Monday, i suspect all oil stocks to run again, but they are now overextended and is due for a correction soon. Do you think the daytraders are really into investing in oil stocks? I doubt it. Most would prefer holding technology any day of the week than to hold oil.


I highly do not recommend buying gap-up stocks pre-market. You'll experience real pain most of the time if you do. I will be watching the oil stocks the first 30 minutes of market open to see if it still has strength. You should too.

Congrats to all who bought ABLE at the low 7's and sold near 12. You rock!


On a different topic:

PACT has been garnering instititutional support:

Bjurman, Barry & Associates 167,935 1.99 $1,405,615 3-Mar-05
Credit Suisse First Boston Corporation 154,000 1.83 $1,288,980 3-Mar-05
Barclays Bank Plc 100,000 1.19 $837,000 3-Mar-05
Highbridge Capital Management, LLC. 66,666 0.79 $557,994 3-Mar-05
JHC Capital Management, LLC 20,000 0.24 $167,400 3-Mar-05
Satellite Asset Management 16,000 0.19 $133,920 3-Mar-05
Goldman Sachs Group Inc 11,677 0.14 $97,736 3-Mar-05
Gabriel Capital Corp. 9,000 0.11 $75,330 3-Mar-05
Deutsche Bank Aktiengesellschaft 100 0 $837 3-Mar-05


We have been holding, buying and selling PACT for "base run" profits. We never know when the news would show up for PACT to make a $2 move. So we are always (well, most of the time) in position.


Rock on!

Friday, March 04, 2005

Remember to take some (or all) profits

in ABLE 5-10 minutes before Monday's open, if it gaps up. If you don't , you might as well have someone bend you over and kick ya out the window!....lol ......You can always buy a back after the correction. Look at what happened this morning. Rock on!


I like PACT very much! It's almost 5x we been buying in the low 8's (near the 50 day Moving Average) and selling it in the high 8's!!!! I was one of those who scooped PACT when they were selling at the close, again at the low 8's! If it breaks down $8, be careful. We not worried, because we been sweeping up those shares and selling them higher.


who is your daddy? lol

ABLE was amazing!

Just amazing. Congrats everybody who bought at $7 yesterday.

Again, they dumped PACT to near the 50 day MA! We were there to scoop it up once again, like taking candy from a baby!

I bought back some ABLE when it broke hod!

I am very loaded in ABLE! $15 short term target with a potential to hit $30 if oil stays hot.

I just re-entered BOOM at $21

Saved a buck and half there.


ABLE can't seem to break hod of 9.42 . I am taking some profits.

It's not a good idea to buy INCX unless

it closes above $12 ($12.60 to be exact). You need to let it drift wherever it needs to go. A close above 12.60 means that the big boys are actually buying and holding. We are NOT there yet.

4x in 4 days we took those

PACT shares from the low 8 (50-day MA) and sell them back in the high 8's. These "base runs" are already creating tremendous profits! Play it slow and still trounching the markets! You don't need to fly all over the places buying every stock there is like a cat on steroids!

There's also something in store for us in PACT as we get closer to earnings announcment towards the last week of March.

We are just killin' the competition!

Another super ride on PACT. They keep sellin' it to us at the 50 day MA in the low 8, and we take it gladly away from them. Look where PACT is now? lol

ABLE is all net.....swish!!

Buy it on all dips! Anything in the 7's or low 8's is a great buy. I believe it is headed to $15 in the short term!


I am outta BOOM at breakeven, for now.

Thursday, March 03, 2005

We already have homerun profits in PACT...

just from playing the 50 day MA. They keep sellin' it to us in the low 8's and we're obliged to take it away from them!!!!

Those of you who didnt buy PACT last Friday for the 40-45% move on Monday, if you played PACT right the last 3 days on just the "base runs" , your profits would have added up handsomely! This is testament to the fact that you don't need "homeruns" to do extremely well in the markets!


you rock!

Bought ABLE in the low 7 !!!!!!

ABLE is extremely strong; even the correct earlier could not take it down!


I think they announced record revenue and earnings just days ago. ABLE is also in a very hot sector - oil and energy.

INCX broke thru the double bottom of

12-12.50 just this morning. I am confident it will go lower.

There are now too many negatives against INCX:

1)missed 4th quarter revenues
2)guidance for 2005 very weak
3) Sanford kicks it out the window
4) Motley Fools kicks it out the window
5) With the guidance, INCX no longer deserves a high PE. If you put a PE of 25 on INCX, where do you think the price will be?
6) low floats are a double edged sword, and INCX gets the wrong end of it.
7) sector turned weak recently

The double bottom is the only support for INCX. Since it is now broken, many traders are shorting INCX to the ipo price. The stock is headed toward Sanford's range. The worst case is that the stock could really go to $3-$5, as momentum gathers.


On a different note, BOOM is holding nicely. John Buckingham said he would sell at $24, which scared the buyers today. In terms of potential price appreciation, BOOM rocks over INCX.


PACT is holding nicely near support level at the 50 day MA. Did you sell at the high $8 and bought back near the low $8? It rocks! The stock has been "rolling" for 2-3 days already from the high to low 8's. Be careful if it breaks down the 50 day MA though.

Wednesday, March 02, 2005

Wow, Motley Fools takes a stab at INCX....

....right after Sanford kicks it out the window....lol

Congrats if you guys sold INCX either yesterday or this morning.... Aren't you excited now that INCX is hitting the skids and hitting it hard after you sold it? If you still like the stock, you'll eventually be able to buy alot more shares of it! (If you still haven't sold it, you gonna feel really nauseated as it drops more! The $12-12.50 support is now broken.)

Very awesome day! BOOM is booming

and INCX is deadmoney (as expected).

I highly recommend you transfer all assets to BOOM from INCX. You'll love it a month from now, imo. You can always buy back more shares of INCX later. Rock!


PACT is holding nicely. Those who made 35-45% on PACT on Monday, if you just have the itch to play PACT, just buy it near the 50 day-MA and sell it in the mid and high $8's (sometimes you get lucky and get even more). Keep on doing that - in and out , in and out.... That's what i call a "FREE LUNCH". Only buy it in the lower 8's . If 8 is broken, consider selling and move on.

I am calling it a day. Rock on!

I have moved all my INCX assets to BOOM!

Breaking $22 was very significant for BOOM, which is now trading at 52 week high. INCX will be dead a stock for awhile.

WIND is fine. CRM is fine too. BOOM is fine too, justmore volatile than the other two.


22.50 is the call on BOOM.


good luck

Tuesday, March 01, 2005

PACT re-entry...

PACT was re-called this morning from $9.10 to the low $8 . I called it again obviously too early. A fool i am for not checking the charts! Remember, $8.06 is currently the 50-day-MA.

If you made at least 30-45% profit on PACT already, i do not recommend re-entry unless you are a fast trader. Otherwise, you may regret it. I traded enough stocks to know that when you have a one day move of 45% in a stock, it's rarely a good idea to re-enter. Those who didn't play last Friday but want to play now, of course you are taking quite a risk. Be prepared!

I expect a major move in PACT within the next 4 trading days!

http://stockcharts.com/def/servlet/SC.web?c=PACT,uu[m,a]daclyyay[pb20!b50][vc60] [iUb14!La12,26,9]&pref=G

It traded nicely above the 50 day moving average of 8.06 . The 20 day MA blue line is reversing to the upside.

I expect it to cross the 50 day moving average within the next 2 to 3 weeks.

The MACD looks pretty good too.

I am very confident PACT will blastoff soon. Remember, if you got in at mid $6, i hope you took some (if not all) profits already. If INCX went up 50% in one day, i betcha it will correct the next day. The thing that is holding PACT above $8 right now is the 50 day moving average of $8.06 .......

PACT called since $6.70 last Friday!

If you got in last friday, congrats! If you have not sold yet, but want to take advantage of the further upwards move, consider a breakdown of $8 as your sell point if you want to make it a swing trade. For those who bought last friday and sold in the $9's, you rock!

That was a 40-45% move in one day since the call!!!! (Time and time again, who is your daddy? lol...) Stay away from the stock if you are one of those who rocked and sold! Don't even think about going back in! Let the quick daytraders and others play the stock. You are done! There will be plenty of other stocks to play later. Just go use your profits to buy more INCX, WIND or CRM. (WIND or CRM are much safer stocks and bigger tech companies than INCX. If you can't handle the volatility in INCX, stick with WIND or CRM; i believe those two are really good stocks and should appreciate generously with the continued bull market. WIND and CRM have already proven themselves to be great companies, while INCX has not.)

Rock on!