Seeking Alpha

otcmagic's  Instablog

otcmagic
Send Message
stock trader
My company:
OTCMAGIC
My blog:
OTCMAGIC
View otcmagic's Instablogs on:
  • Explosive Penny Stocks Today Include PRTN, CBIS, TAEC, FRCN And GTGP!

    Pristine Solutions, Inc (OTC: PRTN) AwesomePennyStocks (APS) pick is making a comeback of sorts today after yesterday's collapse. Currently trading at around $0.30 the stock is trading strong with continued support from WDCO in the form of massive (fake) bids. I am still suggesting everyone be very careful with PRTN and not to assume it will go on to the huge success of SNPK or NSRS. It really depends if APS follows through with the $5M hard mailer; if they do PRTN goes over $1, if they don't it will collapse out of this range soon enough. In any case PRTN is high risk here. Make sure you are subscribed to otcmagic.com so you get the inside scoop on PRTN.

    Cannabis Science, Inc. (OTC: CBIS) is up over 30% this morning with over 10M shares traded in the 1st hour of trading. $500,000 in dollar volume in an hour is significant on the OTCBB and CBIS has a history of highly explosive moves marked by huge volume. Currently trading at $0.045 the stock has fallen dramatically from its highs of over $0.25 a few months ago.

    Today's Alternative Energy Corp. (OTC: TAEC) made an explosive move up earlier this year from a start point of around a nickel to highs over $0.15 This was followed by an epic dump that took the stock well under a Penny. Currently trading at $0.014 the stock is up 150% today and seems to be benefiting from continued promotion. Considering how far and fast TAEC dropped in recent week this one might have some more bounce in it.

    Firemans Contractors, Inc. (PINK: FRCN) is up 30% over yesterday's close after the commercial contractor announced today that its first franchisee has experienced an explosive opening - generating revenues in excess of 75% of the franchise cost - in just the first two months in operation; this spurring interest from investors, possibly affording Firemans the ability to provide financing programs to prospective franchisees. FRCN has already made a significant move up in recent trading sessions due in large part of newsletter alerts.

    Global Technologies Group, Inc. (OTC: GTGP) is certainly not making an explosive move today but I did want to mention it. It crashed right out of the gate this morning to as low as $0.70 before rebounding a bit to around $0.75 This is a stock I have reported on a lot in the past as it made its historical run from sub pennies to well over $1 per share. While GTGP still has a loyal following of investors who really believe in the company I find it highly suspicious that they have not filed any SEC statements since 2007. Make sure you are subscribed to OTCMagic.com so you get the inside scoop on any stocks mentioned in this article.

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Sep 05 11:39 AM | Link | Comment!
  • What Happened To PRTN? Pristine Solutions, Inc, (OTC: PRTN) AwesomePennyStocks (APS) Pick!

    Investors who were holding long on PRTN with the dream that this one too would go on to several dollars a share in the footsteps of previous legendary APS picks such as Sunpeak Ventures, Inc (OTC: SNPK) or Great Wall Builders, Ltd (OTCPK:GWBU) were in for an unhappy surprise this morning when the stock started dropping big right out of the gate.

    As I have stated many times now in previous articles on APS the dream that one could buy one of their picks when they announced it and sell for 10 X your entry a few months down the road died with GWBU and is done for good. Investors who continue to hold on to this dream have only scored huge loses; 1st with VLNX and if they survived that mess then they are losing big now on PRTN.

    The Penny Stock Markets change very quickly and what is effective and successful one day will not work a few months down the road. AwesomePennyStocks did see some huge runs on NSRS and SNPK but those stocks collapsed to almost nothing afterwards while the short position just watched. This time around the short position was much more aggressive as evidenced by the successful coordinated attack on PRTN this morning.

    Conclusion: PRTN has completely collapsed this morning through all support levels and it looks like this one is down for the count! Not only does this morning's trading spell the end for PRTN it spells the end of the APS dream for any that were still holding on after the VLNX debacle.

    I will continue to update on PRTN so Make sure you are subscribed to OTCMagic so you get the inside scoop!

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Sep 04 10:22 AM | Link | Comment!
  • Will Pristine Solutions, Inc (OTC: PRTN) Be As Successful As APS Picks SNPK Or GWBU?

    It's been a wild ride for followers of AwesomePennyStocks (APS) famous for successful long term promotions such as Sunpeak Ventures, Inc (OTC: SNPK) or Great Wall Builders, Ltd (OTCPK:GWBU) both of which ran to several dollars per share.

    Of course nobody can forget the disasters that are also attributed to APS such as VLNX, RARS, PGSY and several others. So now that PRTN has been trading for a few days investors are beginning to ask "will PRTN be as big as SNPK?

    While it is still very early to make predictions, PRTN has much more in common with successful APS picks than the unsuccessful ones. First and foremost it's fully reporting OTCBB and since it has started trading the stock has been marked by huge support from WDCO as well as a slow steady rise over the $0.40 mark.

    What made SNPK, NSRS or GWBU so successful over the longer term (several months during the stock promotion) was the multi-million dollar hard mailer campaigns (for GWBU was $5M USD) and we cannot assume the same will happen for PRTN however I would say the likely hood of a hard mailer on PRTN is excellent.

    Currently PRTN is trading around $0.42 and in a story very similar to the now infamous SNPK they are marketing a Non-Hormonal Treatment of Hot Flashes in Menopausal Women Prescription Drug called Tropine. Just in the last few days they announced select details of a planned multi-phase multi-location clinic trial for FDA approval of the drug.

    Conclusion: Just because NSRS, SNPK and GWBU exploded to several dollars per share does not mean that PRTN can do it too. However, if APS follows through with the multi-million dollar hard mailer campaign then it does have a chance. Just don't forget that PRTN is very high risk; although the rumors of a DTC Chill have been proved false, on a high profile stock promotion on this level anything is liable to happen.

    I will continue to update on PRTN so Make sure you are subscribed to OTCMagic so you get the inside scoop!

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Aug 30 11:13 AM | Link | Comment!
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.