Archive for July, 2009
Thursday, July 9th, 2009
Greetings,
Penny stocks are certainly not for the faint of heart.
When I say “penny stocks” I of course mean those crazy stocks trading tens of millions (sometimes hundreds of millions) of shares every day, with daily fluctuations ranging anywhere between 30% and 1000% in share price.
Most of the stocks we cover trade near or below a penny - they carry the most risk, however also deliver the greatest return potential.
The reason you are here, and why you should be looking for a service to help you navigate this field, is simple - the world of penny (and sub-penny) stocks is as wild as it is fun and because of this, until you learn the ropes, it’s “buyer beware” because this world is rife with pitfalls and land mines.
One bit of knowledge that keeps us grounded when analyzing a penny stock is: “Stocks go up for one reason (people are buying), but go down for countless reasons.”
We know why we trade and invest in penny stocks - the profit potential is huge. It’s very possible to walk away with capital gains of 100%, 300% and even 1000% or 10000% in 1-5 days.
So how can we dissect this bit of knowledge to our advantage, and eliminate as much risk as humanly possible before jumping into a penny stock?
If we know that all stocks rise on demand (buying) and fall on supply (selling), it would make most sense (at least to us) to track down the source of reasoning for the buying or selling.
I will immediately rule out tracking the reason for selling - this area is too broad to cover. The seller may need to pay for a mortgage, a boat, a car, a lover’s gift, cover a debit in their account, or simply sell because he/she feels their investment is overvalued.
However people buy for ONE reason - they believe the stock will go up. Unfortunately it’s not that simple. Most people who buy for this reason are led to beleive, usually by a third party, that this particular penny stock is undervalued.
The third party can be one of several possibilities: a public bulletin board, a stock broker, a newsletter, a friend or co-worker, etc. It’s critically important to keep in mind each these third parties have a specific and vested interest in getting you to buy their “hot tip”. Whether they are getting paid to promote, paid a commission or paid indirectly by spreading their tip to you; they benefit in some way by having you buy the stock in question.
Penny Stock Rockets has been at this for a very long time, and we are happy to disseminate and share our research with you. Our penny stock advisory newsletter is completely free (and unbiased); we send out stock alerts, tips, research, meaningful news releases and general information on a regular basis.
We hope this information will help you approach penny stock investing with a clearer perspective on what’s really going on behind the scenes.
Please note we are not licensed advisors, therefore cannot give out specific “buy” or “sell” advice; however we can and will tell you which stocks we believe are about to go through the roof!
Our track record is solid, our subscribers have been profiting regularily.
We hope to see you on board.
Penny Stock Rockets
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Thursday, July 9th, 2009
Golden Eagle Files Claims Against Yukon-Nevada, Queenstake USA and Queenstake Canada for $40 Million Lost Profit on Breach of Contract at Jerritt Canyon Mill
2009-07-09 12:15 ET - News Release
SALT LAKE CITY, UT – (MARKET WIRE) – 07/09/09
Golden Eagle International, Inc. (OTCBB: MYNG) reported today that it has filed a $40 million counterclaim and third-party complaints against Yukon-Nevada Gold Corp. (”Yukon-Nevada”), Queenstake Resources USA, Inc. (”Queenstake USA”), Queenstake Resources Ltd. (”Queenstake Canada”) (both wholly owned subsidiaries of Yukon-Nevada) and Francois Marland (”Marland”), a French citizen and Yukon-Nevada investor. The counterclaim and third-party complaints were filed in the Fourth District Court for Elko County, Nevada, together with an answer to Queenstake USA’s complaint filed on June 10, 2009 (See, Golden Eagle’s Current Report on Form 8-K filed with the U.S. SEC on June 12, 2009) and can be found as an exhibit to a Current Report filed on Form 8-K with the U.S. Securities and Exchange Commission (U.S. SEC) on July 9, 2009: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000869531
Fraud, Misrepresentation, Material Omissions and Deceptive Practices Alleged in Breach
The counterclaim alleges that by a pattern of fraud, misrepresentation, material omissions and deceptive business practices Queenstake USA induced Golden Eagle to enter into a mill operating agreement on October 14, 2008, which called for Golden Eagle to operate the Jerritt Canyon gold mill located 50 miles north of Elko, Nevada, for a 5-year period and provide extensive services to prepare the mill for operations and bring it into environmental compliance. The counterclaim further alleges that Queenstake USA continued between October 2008 and June 2009, through fraudulent and deceptive means, to induce Golden Eagle to continue to provide its administrative services and contract with up to 82 employees, providers, suppliers and third-party contractors, which resulted in a liability for costs incurred by Golden Eagle, and administrative fees owed to Golden Eagle, in excess of $2.23 million. Other allegations include the fact that Yukon-Nevada and Marland, who (according to the third-party complaint) stated that he “controlled” Yukon-Nevada and Queenstake USA, concluded that Golden Eagle’s contract was “too lucrative” and then tortiously interfered with the mill operating agreement between Golden Eagle and Queenstake USA by compelling Queenstake USA to breach its agreement and covenant of good faith and fair dealing with Golden Eagle on June 10, 2009. This breach, based on the counterclaim and third-party complaints, caused Golden Eagle to lose the “benefit of the bargain,” or lost profit from the agreement, in excess of $40 million based on Queenstake USA’s own calculations and representations to Golden Eagle and the Nevada Division of Environmental Protection (NDEP).
Golden Eagle Alleges Forcible Entry and Detainer on the Mill Property & Seeks Restitution
Golden Eagle also alleges that the mill operating agreement between the parties had all of the characteristics of a lease, putting Golden Eagle in possession of the mill property and its full use; ensuring Golden Eagle’s quiet enjoyment of the premises; requiring Golden Eagle to maintain and repair the property; granting Golden Eagle access to the “common areas” on the mill complex, etc. As a result of these lease characteristics, Golden Eagle has counterclaimed against Queenstake USA for statutory relief under the Nevada Forcible Entry and Detainer statutes and seeks an order of the court based on those statutes putting Golden Eagle back in immediate possession of the mill property.
Golden Eagle Alleges Irreparable Harm and Seeks Equitable Remedies
Golden Eagle further alleges in its counterclaim and third-party complaints that Queenstake USA, Yukon-Nevada and Marland have caused it irreparable harm. As a result, Golden Eagle asks the court for a Declaratory Judgment and a Writ of Mandamus that order that Golden Eagle be allowed full possession of the mill property so that it may complete its contract term of 5 years.
Punitive Damages May Triple Any Compensatory Damage Judgment
Golden Eagle claims further that Queenstake USA, Yukon-Nevada and Marland have committed acts of oppression, fraud or malice, express or implied, and that Golden Eagle is entitled under Nevada law to recover punitive damages, which are calculated as up to three times the amount of compensatory damages.
Queenstake Canada’s Unconditional Guarantee
Golden Eagle finally alleges that Queenstake Canada unconditionally guaranteed the terms of the agreement between Golden Eagle and Queenstake USA, and furthermore, unconditionally guaranteed the covenant of good faith and fair dealing between the parties. As a result, Queenstake Canada was also named as a third-party defendant in the suit sharing joint liability with its wholly owned subsidiary, Queenstake USA.
The Company recommends that you review its disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found at its website: www.geii.com.
Eagle E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the Golden Eagle at: eaglealert@geii.com.
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Thursday, July 9th, 2009
Greetings,
Penny Stock Rockets has just uncovered a potentially lucrative penny stock opportunity. This company has just signed an agreement to acquire an interest in a company developing and marketing technologies pertaining to water and soil treatement.
Worldwide, over a billion water, food, environmental, pharmaceutical and clinical samples are sent to laboratories for microbial testing each year. That market is growing dramatically, fostered in the last few years by concerns about food and water safety, spread of disease and pandemics, antibiotic resistant microbes, hospital transmitted infections, and bio-terrorism.
Believe it or not, this stock is still trading under a penny, however as todays news spreads we suspect so will exposure in this company.
We have just alerted our subscribers to this stock.
Our penny stocks newsletter is free. Hope to see you on board.
Penny Stock Rockets
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Wednesday, July 8th, 2009
Greetings,
Penny Stock Rockets uncovers and reports on red hot penny stocks which are about to, or in the process of, breaking out.
Today, one such penny stock was CCTR (China Crescent Enterprises), which had a monster breakout, rising 185% on record volume of 38 million shares!
Those investors subscribing to our free penny stock alerts newsletter receive reports and alerts on fast moving penny stocks regularily. We do not get paid to research or promote stocks. We are an independant group of skilled investors who know what to look for and where to look for it. We pass on our research to you - but you must subscribe to our free newsletter.
We have a few more hot stock picks lined up for tomorrow’s trading day, and we can’t wait to get to it!
Hope to see you on board,
Penny Stock Rockets
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Tuesday, July 7th, 2009
Greetings,
You have no doubt been affected by the volatile gyrations in the stock market over the past several months. Up, down, up, down. Hopefully, your portfolio is surviving, if not thriving.
We are thriving. In fact, we have never stopped making very large profits week after week.
Penny stocks are the solution to an otherwise dull portfolio. It would be unwise to allocate a large portion of your portfolio to penny stocks. Let’s be honest; because of their incredibly high potential of return, there is risk.
However we believe a finely tuned portfolio needs penny stocks - carefully selected and screened penny stocks. Inexperienced investors can and will get fleeced very quickly - it’s truly the Wild West of the stock market.
Penny Stock Rockets has been doing this for a very long time. We have developed systems, triggers, networks of people and information. We believe we know what we are doing when it comes to filtering risk to reward, and we have been doing a darn good job at it. Our track record is testament to this, and our subscribers are a pretty happy bunch.
Here’s the kicker - our newsletter is free. There is no hidden cost. Just sign up, and start receiving our newsletter regularily - kick the tires yourself, see what you think.
See you on board,
Penny Stock Rockets
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Monday, July 6th, 2009
Greetings,
Thanks for stopping by Penny Stock Rockets! As you browse our site, you will note that we have been having a lot of fun and making tonnes of money together. Our subscribers are a happy bunch, as we have thrown out one hot penny stock pick after another.
In the past few weeks, we’ve had stock picks that have rocketed as high as 1900%. While those do not come every week, they do come by, we latch onto them and profile them to our subscribers. Our newsletter is completely free, and completely unbiased.
Last week we had a fantastic run, doubling our investment THREE times. This, as our followers can attest to, has been a regular occurance… and believe we have just found our next penny stock ROCKET. This stock has been acting textbook perfect and setting up for a major breakout. We will be profiling it as soon as we see “all systems go” on our indicators; and our subscribers will score another big one.
Remember, our penny stock profile newsletter is free, our track record is the hottest on the net.
See you on board,
Penny Stock Rockets
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Thursday, July 2nd, 2009
Greetings investor,
Last Friday we wrote to our subscribers about NPWS at $0.056 as it was in mid-breakout. The stock went to hit $0.26 for a possible gain of 364%.
On Monday we issued an mid day Alert on IDOI as it crossed 0.0006 into 0.0007 on volume. The stock hit $0.0016 the next day, for a possible 24 hour gain of 128%.
On Wednesday our radars locked onto CSUH as it started pounding through it’s upper resistance at 0.20. CSUH hit 0.38 on high volume (and we may see continuation next week!), for a possible gain of 90% in 24 hours.
Our Penny Stock Alert newsletter is completely free. We offer unbiased, researched opinion and stock alerts to our subscribers only.
Sign up now, we are on a roll.
See you on board,
Penny Stock Rockets
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Wednesday, July 1st, 2009
Greetings,
Welcome to the hottest penny stock advisory on the net. What separates Penny Stock Rockets from the crowd of “tout sheets” out there? First and foremost - we do not get paid to write profiles and alerts. Our information is well researched and unbiased, and you are getting the very same penny stock picks which we are trading ourselves. Our network and depth of research is extensive, covering a broad range of sectors - very little slips by us in terms of trading opportunities. We do the digging and present the very best of our research via the free newsletter. You profit. It’s that simple.
On the heels of a 382% gain in NPWS, we fired off an alert for IDOI (IDO Security) which resulted in a 100% gain within 24 hours of the alert!
We issued alerts on two more penny stocks today, one of which rose 30% following our alert (with plenty of time for all subscribers interested to get in at the alert level!) - we feel this penny stock has just started a multi-day run, as it broke out of a solid trading pattern on record volume.
The second penny stock is looking very much like it is ready to run big! We are super excited about it, and will be updating our subscribers tomorrow as trading action dictates.
Sign up for our free newsletter, tell your friends about us, and do not miss a single alert!
See you on board,
Penny Stock Rockets
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Wednesday, July 1st, 2009
Greetings,
Yesterday we sent out a Flash Alert when we noticed unusual activity in IDOI stock, telling our subscribers “it looks cheap here.” Today the stock is up 100%. Those who played it doubled their money in less than 24 hours!
You can be one of those people simply by subscribing to our free newsletter. We send out Mid-Day and End of Day penny stock alerts on a regular basis (but if and only when we find something worth sharing!)
A few days ago, we raked it in by making a possible 382% basede on our alert on NPWS. Today we doubled that amount again. Had you invested $500 in NPWS, then rolled it into IDOI, your $500 would be worth $3820 in THREE TRADING DAYS.
Guess what? We have more hot stock picks, and we are getting ready to send them out to our subscribers right now.
What are you waiting for? We are the hottest stock picking newsletter on the net! And this is completely free, no strings attached.
See you on board!
Penny Stock Rockets
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