Hope you all had a great weekend. Back in the saddle today and it as we can all see, the markets continue to rip higher, but just an FYI, I think this market is now due for a pullback, albeit a short one at the very least. Some end of December puts on the Q's or SPY's may prove prudent but keep your stops tight since the volatility of late is hardly for the faint of heart. Wouldn't surprise us at all to see the markets pull back in order to stage a Santa Claus rally. Time will tell.
Feature Stock Updates
On the small cap front, we've got some pretty interesting stuff for you today. First, CommerceTel (MFON) announced this morning they retained one of the most reputable IR Firms in the Country, MZ Group. You can view the press release here. Again, another huge vote of confidence if you've been following their recent developments. I'm not being a cheerleader when I say that it's not going to be long before a LOT of small stock investors start to find out about MFON and what they're doing. On that note, CommerceTel also announced they will be presenting at the LD Micro Conference, which should also provide further exposure. Read those details here.
Find out what expert SmallCap Network Contributor, James Brumley, has to say about the recent announcements. It really looks like things are going to start heating up for CommerceTel. Stay tuned... but remember, you heard about this Company here first and that's our goal; to bring you undiscovered small stocks before they become big. I think MFON is on its way.
Lone Star Gold (LSTG) continues to gobble up (no post Turkey Day pun intended) strategic property in the gold rich regions of Mexico. We've provided a backdrop breakdown for what that could mean for LSTG's future... reducing their risk and increasing their assets.
Blue Earth's (BBLU) chart is starting to shape up nicely! We clued you in to a pullback last week around $1.50 or so and it's starting to shape up nicely with the stock currently at $1.70. If it can break the $1.85 level, look out. This one could start ripping very quickly. Check out the chart I've included here.
Also, since we've put U.S. Precious Metals (USPR) on the trading radar, the stock has been quietly moving sideways which is excellent for the time being. A positive for things to come if you ask me.
Lastly, on the trading radar, I want to point you to VirnetX (VHC), it appears the stock is heating up again and for those of you who have followed and traded this one in the past, it might be time again to take a hard look at getting long this one. Stops in place of course.
Hot Community Topics
I know this may seem boring but dividend investing is no joke and there are some small caps out there offering some pretty nice dividends to offset the risk of owning a small cap. Brian Prescott points out a few ripe candidates here.
Lastly, two stocks that have been the topic of major debate, Sprint Nextel (S) and American Airlines (AMR). The beauty of the SmallCap Network Community invites debate and there is a lot to learn from savvy SmallCap Network Members when there's a hot issue on the table. You may want to have a look at what's going on in the Stock HQ Hubs for S and AMR. There's a lot of interesting content there if you're considering buying or selling either of those stocks. Here's the direct link to the Sprint Nextel Hub and here's the direct link to the American Airlines Hub for your perusal. Information is power so empower yourself.
That's it for today... more to come tomorrow.
Happy Trading & Investing!