Low Priced Stocks

[billyjoe]

Is anyone else ever concerned about the number of low priced stocks mentioned in this forum? I'm not an advocate of IBD that stays away from all stocks under $15 , but you'd probably have to admit it's easier to lose faster with a low priced stock. In our recent stock picking contest, six of the worst 7 picks were stocks under $10 , only ridemhigher's MTEX priced at 14.63 made any significant gain. These poor performers weren't just pulled out of a hat. I'm sure some research went into the picks and something promising was seen in each of them. Maybe I'm just too conservative , but one of my goals is to pick a stock that has little chance of a sudden drop . Let me know how you think, pro or con. Thanks.
billyjoe
p.s. just checked the huge one's winners 7 of 62 were purchased below 15.00

[Websman]

I get off on the price action of low price stocks. Some of my best trades have been on stocks under $15.

I've made a lot of $$$ on SIRI!

It's kind of like going to the casino. You can lose or win big, but it's always a rush...

[scifos]

In our recent stock picking contest, six of the worst 7 picks were stocks under $10 ... These poor performers weren't just pulled out of a hat.

Mine were pulled out of a hat. I'm not joking. I'd do that sort of thing for a silly contest, however, when it comes to my real money I do try to stay above $10. True, there isn't as much price action, but my real money is weary of that much action.

[IIC]

I think it is true...low priced stocks tend to be more volatile than higher priced issues...I guess it depends on your goals and tolerance for risk. When I buy lower priced stocks I buy smaller dollar amounts myself. But in the long run, I'd say I don't do all that great on stocks under $4.00 share...especially when I buy them for over $10.00 a share...IIC

[MEA_1956]

As stated before, I fell the only way a person has chance to compete with M.M. is to go out on a limb and pick a stock that has a running start and the possibablitys of going out with a bang. Instead, my picks just fizzled, And my account ended up being the winner. ===> MEA

[lak]

Curious to see how people feel about this now? I play a few low priced stocks here and there......... find it a worthy challenge and quite profitable, once in a while! But overall feel the lower priced stocks are not as porfitable as last year and am leaning toward higher priced now.

[mrmarket]

I've thrown a few sheckles at these.

ASPN.OB
ERTH.OB
FLTK.OB
GPOR.OB
HCAR.OB
KILN.PK
LLOG.OB
MCET.OB
OISI.OB
XKEM.OB


Anyone like any of these?

[MEA_1956]

You beat me to the punch line,Earnings EARNY, I was going to make a comment on LLOG.ob and how it was up over 47.43% since you first spotteded it, but O Well. I like them all, but you know me, I'm kinda a low $$$$$ Man.
How about GTE I'm in at 0.36 an loveing it, TREN.ob is another bonus on my plate, in at 0.98. Still holding on to OHB, which is up 37.51%.

Well Time to hit the hay, SKY Lites to repair tomarrow. Marlin

[spikefader]

I've thrown a few sheckles at these.
ASPN.OB
ERTH.OB
FLTK.OB
GPOR.OB
HCAR.OB
KILN.PK
LLOG.OB
MCET.OB
OISI.OB
XKEM.OB
Anyone like any of these?FLTK looks great.

http://img136.imageshack.us/img136/8020/fltk7ir.jpg (http://imageshack.us)

[jiesen]

I've thrown a few sheckles at these.

ASPN.OB
ERTH.OB
FLTK.OB
GPOR.OB
HCAR.OB
KILN.PK
LLOG.OB
MCET.OB
OISI.OB
XKEM.OB


Anyone like any of these?

So far I'm liking OISI, LLOG, HCAR (a lot), for value, and ASPN for growth. FLTK looks ok. KILN looks really cheap, but what's the catch?

I'm neutral on XKEM, GPOR, and ERTH and I'm negative on MCET.

[sowersnc]

I find I am a little more jumpy with low priced ones. I have owned one that I had too much money in and it went from 10 to bankrupt in a year.

I get some comfort in seeing a large price, low PE, lower future PE, nice growth rate and a nice balance sheet. Having those things allow me to have some balls on the dips.

[mrmarket]

Press Release Source: Flotek Industries, Inc.


Flotek Industries, Inc. Quarterly Profit More Than Triples
Tuesday July 26, 6:00 am ET


HOUSTON, TX--(MARKET WIRE)--Jul 26, 2005 -- Flotek Industries, Inc. (OTC BB:FLTK.OB - News) on Monday announced its second-quarter profits rose 350% to $2.0 million, on total sales of $12.5 million up 159% from 2004.
Net income for the second quarter increased to $2.0 million, or 29 cents per share, from $0.4 million, or 7 cents per share, a year ago. Earnings per share of 29 cents represent a 32% sequential increase over first quarter 2005 earnings per share of 22 cents. Looking ahead, the company said it expects to meet its full year earnings forecast of $1.00 to $1.05 per share.

Financial Results (in thousands, except per share amounts):

Three Months Ended Six Months Ended
June 30, June 30, June 30, June 30,
2005 2004 2005 2004
------- ------ ------- ------
Revenue $12,461 $4,811 $23,502 $9,607

Net Income $ 1,989 $ 442 $ 3,457 $ 676

Basic EPS $ 0.29 $ 0.07 $ 0.51 $ 0.10
Diluted EPS $ 0.26 $ 0.06 $ 0.46 $ 0.10
ADVERTISEMENT



Organic growth within our Chemicals and Logistics segment combined with the expansion of our Drilling Products segment produced the increase in sales and profit. Sales of our proprietary chemical line continue to grow bolstered by strong margins in our downhole drilling tool operations.

Chairman and CEO, Jerry D. Dumas, Sr., commented, "We delivered strong second quarter results, with profit growth outpacing our revenue growth. We remain focused and disciplined on producing above market profits in our three core segments: Specialty Chemicals & Logistics, Drilling Products and Production Products."

Shares of Flotek's common stock will begin trading on the American Stock Exchange under the symbol "FTK" on July 27, 2005.

More detail will be available in the Company's 10-QSB to be filed with the SEC. For product information and additional information on the Company, please visit Flotek's web site at http://www.flotekind.com.

Flotek is a publicly traded company involved in the manufacturing and marketing of innovative specialty chemicals, downhole drilling and production equipment, and management of automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry.

[mrmarket]

Anyone else in here liking ASPN.OB today?

[spikefader]

Anyone else in here liking ASPN.OB today?Yup, and here's the smart entry:
http://img226.imageshack.us/img226/5099/aspnjuly266va.jpg (http://imageshack.us)

[spikefader]

FLTK looks great.

http://img136.imageshack.us/img136/8020/fltk7ir.jpg (http://imageshack.us)

And the latest entry point:
http://img226.imageshack.us/img226/6334/fltkentry9cz.jpg (http://imageshack.us)

[mrmarket]

My goodness...ASPN.OB is going nuts! I am already up 67% in a very short time. It's not going to be a low priced stock much longer if it keeps going like this.

Anyone else jump in?

[mrmarket]

ASPN.OB was in my dump 3 times...as early as January! I'm glad I found it.

[jiesen]

My goodness...ASPN.OB is going nuts! I am already up 67% in a very short time. It's not going to be a low priced stock much longer if it keeps going like this.

Anyone else jump in?

I was considering it at 4.5, but missed the boat. Doh! There was just too much on my plate then to do the proper DD for me to be comfortable with it.

[mrmarket]

Here's a few more little ones that have been "berry berry good to me" as of late:

CAMY.OB
CHAR.OB
EDAC.OB
GACF.OB
PHST.OB
TIRTZ.OB
TRLG.OB

Of course with all OTC stocks, I look before I leap and am prepared to lose everything since you never really know what you're getting into. Anyone have any comments on any of these?

[mrmarket]

Pretty nice day for OISI today!

[mrmarket]

Pretty nice day for OISI today!


Look at that little monkey go....

[Websman]

Look at that little monkey go....

I used to have a pet monkey, years ago when I lived in Okinawa. We used to get him drunk all the time. We had to leave him behind when we came back to the states. Poor little bastard is probably dead by now...

[mrmarket]

KSWW.OB has been berry berry good to me. I'm already up 50%..it's cheap and still climbing. Comments?

[spikefader]

KSWW.OB has been berry berry good to me. I'm already up 50%..it's cheap and still climbing. Comments?It's booming major weekly channel into the big league; hold that sucker long-term.
Grats!

[sisterwin2]

I once bought PLLK gone for a few yrs..... now I see it back on my amertrade account for .05 I always loose on penny stocks.

I do own ONT. any thoughts on this. I bought it on a wim because I heard large co. mention it like google and .... cant remember. It has to do with vido's stuff. I see vido coming up to bat with sat radio and phones... Only bought 100 shares so if I loose again.

[Shadow]

Anyone following EGY? Sometimes a low priced stock
catches my attention. This one is coming out of a long
base formation; TA and FA look good.

[sisterwin2]

It's booming major weekly channel into the big league; hold that sucker long-term.
Grats!

SO you see this stock really going somewhere??

[mrmarket]

Looks like SODI just went "pop"!

[Lyehopper]

Here are 10 good "under $5" stocks to watch....

APN
ADAT
AVNX
CIPH
CRAY
KRY
ENMD
IBIS
JDSU
VTSS

I'll post a tracking portfolio (assuming they were bought on Wednesday) on them later.

[spikefader]

Dudes! $3.00 stock that looks hot right now is MOVI.

It was burnt toast material until today's bullishness. Ya got a real nice island reversal, high volume gap up. Open gaps up at 12.55 and 32.69. I think 8.50 is a great short-term target.

Definately worth 5% risk over the next week or so to target 186% with a Captain Insano r/r of 37.

http://spikefader.wordpress.com/2006/03/15/movi-movie-worthy/

http://img102.imageshack.us/img102/736/movimar166mr.jpg (http://imageshack.us)

[Lyehopper]

Dudes! $3.00 stock that looks hot right now is MOVI.

It was burnt toast material until today's bullishness. Ya got a real nice island reversal, high volume gap up. Open gaps up at 12.55 and 32.69. I think 8.50 is a great short-term target.

Definately worth 5% risk over the next week or so to target 186% with a Captain Insano r/r of 37.

http://spikefader.wordpress.com/2006/03/15/movi-movie-worthy/

http://img102.imageshack.us/img102/736/movimar166mr.jpg (http://imageshack.us/)
Cooooool..... MOVI up 11%+ today too!

I sucessfully traded this stock a lot after "9-11".... It was a hot one back then.

[Jim Smith]

CAMH....worth a look

[Lyehopper]

Cooooool..... MOVI up 11%+ today too!

I sucessfully traded this stock a lot after "9-11".... It was a hot one back then.
MOVI Crapped out and finished down.... Quality just ain't there I guess.

[spikefader]

Yup, the old gap n crap move.

The island reversal is until it isn't though, and only if that fails that I would lose my bias long. If that volume gap up fails, it's a shot duck.

[mrmarket]

Nice little move by my HCAR.OB today!!! Wooooo!

[Websman]

Nice little move by my HCAR.OB today!!! Wooooo!

Wow! Worth keeping an eye on it...

[mrmarket]

While you're at it, look at where my XKEM.OB has gone over the last few days....schwing!

[Websman]

While you're at it, look at where my XKEM.OB has gone over the last few days....schwing!

Nice one! Where did you find this pick Huge One?

[mrmarket]

Nice one! Where did you find this pick Huge One?

ummm..go back and search this very thread

[jiesen]

my GFCI.PK nearly doubled today on buyout news. (of course I'm mostly out of it now, and what's left is still below my cost basis)

[Websman]

ummm..go back and search this very thread

ummm..I found it. http://www.mrmarketishuge.com/showpost.php?p=23061&postcount=7

Looks like you mentioned it about this time last year. Nice pick!

[jiesen]

So far I'm liking OISI, LLOG, HCAR (a lot), for value, and ASPN for growth. FLTK looks ok. KILN looks really cheap, but what's the catch?

I'm neutral on XKEM, GPOR, and ERTH and I'm negative on MCET.

http://finance.yahoo.com/q/bc?t=1y&s=MCET.OB&l=on&z=m&q=l&c=hcar.ob%2Caspn.ob

looks like I was right in my analysis of HCAR, ASPN, and MCET. KILN was a disaster, though, and GPOR would have been a great buy...

I give myself a B... go me :)

[Peter Hansen]

KOOL .does seem to have some possibilities !

[peanuts]

Since we're talking about cheap stocks, and OTCBB seems to be OK on this thread, and since profitability is a key factor of whether to invest or not, I'd like to bring this tiny little Florida company to the board's attention:

UCPJ.ob

I just love hookas. :D

Any scuba divers out there?

[peanuts]

and since profitability is a key factor of whether to invest or not

oops, got ahead of myself... looks like net loss is decreasing rapidly, though:

Net Loss. For the three months ended March 31, 2006, we had a net loss of $9,527, as compared to a net loss of $70,395 for the three months ended March 31,2005, a decrease in net loss of $60,868 or 86.47%. The decrease is primarily attributable to the increase in Gross Profit and the decrease in Operating Expenses in the first quarter of 2006 as compared to the first quarter of 2005.

link to the 10QSB: http://biz.yahoo.com/e/060512/ucpj.ob10qsb.html

[sisterwin2]

Since we're talking about cheap stocks, and OTCBB seems to be OK on this thread, and since profitability is a key factor of whether to invest or not, I'd like to bring this tiny little Florida company to the board's attention:

UCPJ.ob

I just love hookas. :D

Any scuba divers out there?

Yes....... I have a hooka set up on boat for cleaning bottom. Sure came in handy when out to sea. Here in the cheasapeake I doubt I have the nerve to get in the water. Will Prob. try to sell air compressor this season.

[Lyehopper]

....I just love hookas. :D
I'm sure you do Peanuts.... I'm sure you do.

http://www.smoking-hookah.com/Store/Hookahs.asp

[Peter Hansen]

MGRM may have some juice .....anyone follow this one?

[mrmarket]

XKEM up another 25% today...I'm loving it.

[mrmarket]

wow..now up 59%!! Wheeeeeeeeeeeeee!

[Websman]

wow..now up 59%!! Wheeeeeeeeeeeeee!

Nice.... Do you own it Huge One?

[mrmarket]

Nice.... Do you own it Huge One?


yessir!! jejejejejeje

[mrmarket]

up another 15% today...so I started its own thread...XKEM XKEM XKEM...go go go go

[mrmarket]

Here's two little guys I bought recently:

CIMK.OB and SNKI.PK

opinions?

[New-born baby]

Here's two little guys I bought recently:

CIMK.OB and SNKI.PK

opinions?

CIMK.ob doesn't show on stock charts. Nor does snki.pk.

[IIC]

CIMK.ob doesn't show on stock charts. Nor does snki.pk.

http://www.pinksheets.com/quote/chart.jsp?symbol=CIMK
http://www.pinksheets.com/quote/chart.jsp?symbol=snki


Here are their charts...IIC

[New-born baby]

Here's two little guys I bought recently:

CIMK.OB and SNKI.PK

opinions?

Give us the FA. :D
SNKI looking for another $1+, it appears, with the bull flag.
CIMK may, may return to $2.80

[mrmarket]

Give us the FA. :D
SNKI looking for another $1+, it appears, with the bull flag.
CIMK may, may return to $2.80

How you like CIMK now? So far I'm up 40% on CIMK and 26% on SNKI.

[mrmarket]

SNKI on fire! I'm up 43% so far!!

[mrmarket]

Here are a few that I have thrown a few bucks into. They are always fun to watch:

BCIS.OB
CMXX.OB
ERSO.PK
ETEC.OB
HIET.PK
ORFR.OB

[Websman]

Here are a few that I have thrown a few bucks into. They are always fun to watch:

BCIS.OB
CMXX.OB
ERSO.PK
ETEC.OB
HIET.PK
ORFR.OB

HIET.PK would be my top pick....but I wouldn't buy it untill I saw a little more interest in it. I'm putting it on my watchlist.

[mrmarket]

HIET.PK would be my top pick....but I wouldn't buy it untill I saw a little more interest in it. I'm putting it on my watchlist.


Actually I bought more yesterday...running up on mail bombs on airplanes