Seeking Alpha

otcmagic's  Instablog

otcmagic
Send Message
My company:
OTCMAGIC
My blog:
OTCMAGIC
View otcmagic's Instablogs on:
  • 2 High Revenue Growth Penny Stocks That Every Investor Should Have On His Watch List!

    The first is Medical Marijuana, Inc (PINK: MJNA) which has been making some pretty fantastic announcements as of late. They announced that for the 2nd quarter 2012 they had earnings of $1.47 million on gross revenues of $2.4M representing a 1,200% increase from the 2nd Quarter 2011 when they reported under $200K in revenues.

    Numbers such as this are rarely seen on the OTCBB especially for a non reporting pink sheet Company and investors are staying to take interest. In fact, MJNA is quickly building a loyal following of investors that believe this stock is going much, much higher and I am inclined to believe them. Currently trading at just under $0.05 MJNA is making all the right moves and definitely deserves to be on any penny speculators watch list!

    The 2nd is Applied DNA Science, Inc (OTC: APDN) a botanical-DNA based security and authentication solutions that can help protect products, brands and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion.

    APDN recently announced its financial results for the third fiscal quarter ending June 30, 2012, generating revenues of $528,574. This represents a revenue increase of 130% from the year before and is higher than their prior record revenue in any complete fiscal year.

    The stock has been on the move, trading up in recent sessions from lows of around $0.04 to recent highs of $0.09. Like MJNA, APDN is trading very close to its historical lows and has a lot of potential upside from current levels.

    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 17 2:50 PM | Link | 2 Comments
  • Vision Plasma Systems, Inc. (PINK: VLNX) Is Off To The Races. But Is This Really AwesomePennyStocks (APS) Pick?

    VLNX exploded this morning from a start point of around a dime to recent highs near $0.40 a share on 300M + shares traded. Hailed as the long awaited APS big pick following in the footsteps of prior picks such as Great Wall builders, Ltd (OTC: GWBU) or SunPeak Ventures, Inc (OTC: SNPK) VLNX is off to an incredible start, trading close to $100M in dollar volume today. Spectacular by any means especially for a Non Reporting Pink Sheet listed Stock.

    Wait a Minute? Pink Sheets? APS after all their success, famous now for their multi-million dollar hard mailer promo's is now promoting a pink sheet stock? Not only is it a Pink Sheet Stock (All official APS picks recently have been fully reporting OTCBB) it's priced well below the $1 level where they officially announced GWBU.

    While it is widely believed by traders in general that Vision Plasma Systems, Inc: VLNX is APS next official pick I would be very, very cautious here. APS has a history of fake picks such as RARS and AWSR just to name a few (there have been many) that trade massive volume and provide huge profits for APS without them ever having to officially announce the pick.

    I have seen the so called alert emails from APS affiliates such as the one's from AwesomePennyStocksMail or PennyPicksMail but both of those domains were recently registered and most likely have no affiliation with the real APS.

    Conclusion: APS has a history of false alerts that have spelled huge losses for the investors that believed them. While I am not saying APS will not officially announce VLNX I am saying this is very high risk here, it does not follow the MO of a real APS pick, rather it follows the MO of another fake APS pick that will crash and burn just as quickly as it rose leaving a trail of bag holders in its bloody wake.

    BE CAREFULL!

    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 16 2:20 PM | Link | 2 Comments
  • AwesomePennyStocks (APS) Will Announce Their Next Pick Any Day Now. So What If I Know What It Is??

    As usual the internet is rife with rumors of that the next APS stock pick is going to be; since the huge success stories of SNPK, NSRS and GWBU investors are on the lookout for the next APS pick so they can scoop up shares on the cheap before everyone else finds out about it.

    A recent APS speculation play was GBEN which looked and traded nothing like an APS pick. Like APS speculation plays before it such as RARS or AWSR the stock has gone nowhere fast.

    If I was going to look for the next AwesomePennyStocks or StockMarketAuthority (APS) pick I would speculate on stocks such as Chimera Energy Corp. (OTC: CHMR) or BillMyParents, Inc. (OTC: BMPI)

    Chimera Energy Corp. (OTC: CHMR) has exploded in the last 2 weeks in price and trading volume from a start point of $0.50 to recent highs over $1.70 per share. There have been some fairly steady press releases as well as good liquidity but for the most part CHMR has remained undiscovered by the investment community.

    A closer look at the Company tells you Chimera is newly formed on the OTCBB with little debt a few $100k in assets and minimal revenues to date. On July 9th they did a 4 for 1 forward split to get the total 66M shares outstanding. The young CEO, Charles Grob remains the sole officer of the company and currently controls 40M shares. Also the Company did several rounds of financing over the past few months. 1 for 5M shares to a group of investors for $75k pre split (that group of investors now owns 20M shares post split - certainly an indicator that there could be a huge promotion coming here)

    BillMyParents, Inc. (OTC: BMPI) just started trading as BMPI 2 weeks ago after the reverse split and name change to BMPI from SCLW. As of yet there has been no press releases and little signs of promotion although I smell one coming. To get a hint of the promotion to come one only has to read the pr announcing the name and ticker change from SCLW to BMPI, it says:

    "Headquartered in San Diego, CA, BillMyParents recently received $7MM in investment funds, enabling the company to boost the significant brand momentum coming off of their recent exposure on MTV's hit reality show "Rob Dyrdek's Fantasy Factory" and their first nationally-aired television commercial on ESPN. The Spend Smart card from BillMyParents is now available, providing a unique and powerful way for teens and their parents to learn how to spend smart. With instant feedback from real-time text alerts, instant load and lock and unlock features and more, high parental visibility of teen account activity allows for important teachable moments"

    While I am certainly not saying that CHMR or BMPI is APS or SMA next pick they are certainly good candidates and either could be. As for playing APS picks; if you can't short them and want to play them long just make sure you don't buy them until after they are officially announced and take your profits early.

    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 09 11:21 AM | Link | 3 Comments
Full index of posts »
Latest Followers

StockTalks

  • MDMC and PZOO on watch for this week!
    Jul 29, 2012
  • GTGP hit .60 cents last week. Epci run from sub pennies!
    Jul 29, 2012
More »
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.