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  • Forum National Investments Ltd (OTC: FMNL) Continues To Post Massive Gains!

    Forum National Investments Ltd (OTC: FMNL) is making one of those legendary runs that we so love to report on. Currently trading at $2.15, the stock is up an incredible 800% from where it started at around a quarter.

    The Company is in the Life Settlement business operating through their wholly owned subsidiary; The American Life Settlements (ALSS) Specializing in Life Settlements and Life Settlement structured financial products, FMNL has been trading on the OTCBB since 1998 and used to do some fairly significantly revenues.

    However in the past years, the high revenues and asset base that the Company maintained dwindled significantly. Interesting that they chose this time to launch a multi-million dollar stock promotion campaign via hard mailer and online landing pages.

    The copy on in the adverts is quite optimistic, for example they say: "As demand for life settlements increases, FMNL is well-positioned for explosive growth in 2012. Shares could soar and give you a chance to cash in on the biggest trade of 2012!

    While the stock has certainly seen explosive growth and continues to post major gains I don't think the Company is really poised for explosive growth in 2012. If they were, they would probably be focused on building that growth and they would not be spending millions to market the stock.

    Currently trading at a market valuation approaching $70M I would be wary that the top is near. Stocks like this are fun while they are going up however smart investors know all too well that these explosive gains will not last for long and one day soon, the bottom will fall out.

    OTCMAGIC 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.

    Jun 20 3:52 PM | Link | Comment!
  • Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Is A Stock Rocket!

    Shares of Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) have exploded over the past few months on heavy speculation that the FDA will finally approve its obesity drug Lorcaserin. The Food and Drug Administration is expected to make its decision by June 27 and shares of the diet pill maker are seeing explosive gains!

    Back in 2010 the FDA rejected the drug citing a study that linked Lorcaserin to tumors in rats. This study has long since been discredited and is no longer an issue.

    Obesity has become a major healthcare disaster worldwide and it's even worse in the USA where two thirds of adults are overweight and one third is clinically obese. The market for weight loss drugs in the US alone is around $268 billion a year so it is easy to understand the massive potential for a drug like Lorcaserin. While current weight loss pills can reduce weight by an average of 5% a year, Lorcaserin is doubly effective and averaged 10% in trials.

    It's fairly obvious the investment community believes the FDA will approve Lorcaserin and I too support that theory. All the evidence that I have looked at suggest that the drug will easily be approved by a wide majority in the vote.

    ARNA is definitely one to watch this week and next and I would not be surprised to see shares continue to rise significantly.

    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.

    Jun 18 3:36 PM | Link | Comment!
  • Smoothie Promotion Means Big Volume For Barfresh Food Group, Inc (OTC: BRFH)

    Barfresh Food Group (OTC: BRFH) started trading just about a month ago in the $0.75 range and quickly rose to $1.20 on heavy trading. From there the stock collapsed reaching a low of $0.40 before making a strong move back up towards $1.

    Barfresh started out in Australia and is a manufacturer and distributor of ready to blend beverages. The Company recently acquired the intellectual property for its unique 'ready to blend' ingredient packs for North America and is ready to pursue this vast new market in earnest. The company's unique system combines all the ingredients of a great smoothie into an individually pre portioned pack that contains real fruit, low fat frozen yogurt and sorbet, fruit juice and ice. All the end customer has to do is open up the pack, blend the mix with water and it is ready to drink. According to the company this rivals any top juice bar product currently on the mar4ket and is easy, healthy and quick to make. The company's products have been sold internationally to chains including Subway and Krispy Chreme in Australia.

    Barfresh Food Group began manufacturing in Australia in 2005 and quickly began supplying smoothie packs to a number of quick service restaurant chains as well as other food outlets locally.

    Currently trading at close to $1 the stock has been subject to an aggressive online marketing campaign. While this is certainly driving the stock up in the short term we do not believe the stock can maintain these valuations over the long term.

    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.

    Jun 11 5:44 PM | Link | Comment!
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