Posted by Admin on August 24, 2010 under Penny Stock Alerts Blog | 
Hello everybody. Hope you’re all having a good day. The market really got hammered today! Truly brutal out there. At least when the markets are windy and wild, you can take comfort in my big strong arms and still find winners with yours truly.
CLKZ held strong and finished up on the day, as well as up from this morning’s open. We closed at $1.335, up almost 2% on the day. Not bad for a day when the DOW fell quite hard. Volume today was huge, over $1 million traded. I think CLKZ was a good pick, so keep your eyes on it.
As I mentioned in my prior email, a lot of you guys have been emailing me like crazy asking for companies in the dollar range so I’m going to give you guys a very special alert I’ve been saving for the right time.
Today’s alert is INCT – Innocent, Inc.
Here’s a cut and paste about what they do:
Innocent Inc. is a gold mining company focused on rapid growth through acquisition of high-quality in-production and near-term production properties that are performing significantly below their projected capacity. Through improvements in processing techniques and strategic investments in mechanization, we seek to rapidly increase production levels and generate predictable, sustainable value. Our current focus is on southern Ecuador supported by a strong pipeline of acquisitions in various stages of due diligence.
To tell you the truth, I’m not sending this alert out because of how much I love the company. I’m sending it out because of what a unique and amazing trade INCT can be. Companies that trade like INCT does don’t come along everyday. However, I pretty much never send out an alert unless I like the company…and INCT is no exception. I’ll get into the trade details in a minute, but here’s a quick rundown on INCT.
INCT has a strategy for gold mining that a lot of people use for real estate. They like to buy “fixer uppers”. INCT finds gold mining facilities that are not performing up to their full potential. So let’s say there is a valuable mine, but it’s only producing 20% of what it’s supposed to produce. What INCT does is go in there, acquire the mine, and fix it up…get it cooking up to where it should be. They’ll improve the production methods, machinery used to mine, improve the labor force, invest in expansion, etc.
Once the mine is running at full capacity or an improved capacity, INCT has just made a nice profitable move that adds to their bottom line. They’re also environmentally conscious.
Sounds like they know exactly what they’re doing. Just like my favorite musician of all time, Brittney Spears, they’re NOT so innocent. Haha, that was a joke. Ignore the Brittney posters all over my wall, the Brittney license plate frame on my pink car…you know…those are my, uh….sister’s
Okay now seriously…
They released this news just about a week ago:
Their mining prospects in Ecuador look REALLY good. The article above states that even using the most conservative of conservative estimates, they should be able to make an absolute killing with their latest project. If one were to use less conservative estimates, you can see how INCT could really take off from their current price levels.
I like the company a lot, and think it can be used as a day trade (or multi-day trade), or possibly as something longer term.
Now here is why I really like INCT so much…
My last pick, CLKZ, has an Average 10 Day Trading Volume of just over 539,000 shares. INCT on the other hand, has an Average 10 Day Trading Volume of only 20,000 shares. This means if a lot of buying comes into CLKZ, it won’t make a huge move. It’ll probably make a powerful slow and steady move like it has been making. The great part about INCT, is it’s valued over $1, BUT, it trades so thinly we could see huge moves on it in a short period of time.
If a decent amount of buying comes into INCT like I think it will, we might see gains that are extremely spectacular for a company over a buck.
CLKZ is good for those who want the slow and steady gains, but INCT has the best of both worlds. INCT has the simplicity of trading over $1, with the potential for quick profits like a true penny play.
Take a look at a 1 or 3 month candlestick chart for INCT. INCT has made MAJOR one day moves just over the past two weeks. Aug 12th INCT made a 29% gain in one day. Aug 13th INCT made a 32% gain from the OPENING price in one day! INCT can really move quickly.
July 26th INCT closed at 87 cents, then INCT went on an incredible run making gains everyday for SIX consecutive trading days, running up to $1.18 for a gain of almost 36%. That’s why I LOVE INCT and I’ve been saving it for the right time. It has the power to make an extended multi-day (or week) run like a company priced over a dollar, BUT, they can also make a huge one day gain like a low priced company.
The last company I sent out that traded very thinly was HYPF, which became my favorite pick to brag about when it made 1295% over the opening price in one day. INCT is VERY thinly traded as well. In case you forgot, “thin” means it trades low volume. Now INCT has too high of a price to make a 1295% move in a day, but we could still see some really good stuff from INCT and surprisingly big moves.
Now of course anything that can make a big move up, can also make a big move down. That’s why you should always use caution and protect yourself with a stop loss order. We know that the vast majority of the time, we make great money and we never need to use our stop loss orders…but we should always have them in place just to be safe!
Oh yeah,
barchart.com has today’s rating for INCT as a stronnnnggg buyyyy!!!I’ll send out a trading strategy tomorrow with more details on how to play it safe. Sneak peek…in my amateur opinion 98 cents to a dollar is probably a good place to put your stop…or if you want to give it lots of wiggle room and risk a little more money…90 cents could also work.
Use caution of course, but I’m telling you guys I love love love this one! If INCT does what I’m hoping it will, I think this will be the best alert of the entire month. It’s easy to trade, everyone can enjoy it, and we can make some VERY serious money off of INCT.
Let’s get ready to ride the INCT rocket tomorrow…
Talk to you then,
PSA – Penny Psycho
www.pennystockalerts.com
Don’t invest based on what I say, do your own research and consult with a licensed professional before investing, only invest what you can afford to lose.
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Disclaimer – By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investment advice or anything of an advisory nature. Always do your own research and consult with an licensed investment professional before investing. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website. We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on EOD or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. We have not been compensated in anyway to profile HYPF, nor did we own/sell any shares. We have been compensated up to twenty five thousand dollars to conduct investor relations marketing for Clicker Inc by a third party, Wall Street Grand . We have been compensated up to twenty five thousand dollars to conduct investor relations marketing for Innocent, Inc by a third party, Jeffrey C Drapkin. This compensation is a major conflict of interest in our ability to be unbiased. Therefore, this newsletter should be read as a commercial advertisement only. The third party or their affiliates may wish to liquidate shares, which has the potential to hurt share prices. Our emails may contain forword looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information in our disclaimers is subject to change at any time without notice. See full disclaimer at pennystockalerts.com/disclaimer
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