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Current Trades In Play

Symbol Picked ST SSL
IMN $26.16 $53.00 $19.17
VOYT $0.12 $0.36 $0.05
BMSN $0.56 $1.45 $0.25
THC $4.06 $7.67 $3.17
APDN $0.12 $0.36 $0.07
ST Denotes Suggested Target.
SSL Denotes Suggested Stop Loss.
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Market Summary

Stock Market Indexes Chart
Dow 11288.54 +73.03 (+0.65%)
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S&P 100 578.13 +2.76 (+0.48%)
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Small Cap Network Blog

5/13/2008

Small Cap Company SpongeTech (SPNG) Sponsors Tonight’s Mets Game

Filed under: — SmallCapNetwork Editor @ 7:18 am

We already mentioned this a few days ago, but if you and your 12-or-under kid happen to be heading to Shea Stadium tonight to watch the Mets play the Washington Nationals, you might want to get their before 7:10 p.m.

Why? Tonight is SpongeTech Delivery System’s (SPNG) ‘Promotional Day’. The first 12,000 kids age 12 or under will receive a T-shirt commemorating Shea Stadium.

While any publicity is good, the word is the upside to being a game sponsor has already started. SpongeTech reports their website’s traffic has more than tripled since the radio ads and ancillary mentions - part of the sponsorship package - started a few day ago.

I don’t think that’s why this bulletin board stock pick is perking up again today though, following yesterday’s sleepy session. I think it’s up today because there’s a bigger trend now in place…one where the stock actually reflects its value. (It does happen every now and then ya’ know.)

As before, anything at or above 5 cents would represent higher highs, and possibly a rally effort. If it takes off, a revisit to 12 cents isn’t out of the question. That was our original price target for this small cap stock pick, and we’re sticking to it.

Are you a subscriber to the Small Cap Network newsletter? If not, you’re missing out on some great trading ideas and exclusive market commentary. To sign up, just go to the top right corner of any page of our website. You’ll be joining thousands of other subscribers who have already benefited from our news and views.

Bulletin Board Stock Voyant (VOYT) Off to a Good Start, Close to Breakout

Filed under: — SmallCapNetwork Editor @ 7:00 am

Though we’ve only got a couple of trading days under our belt since we mentioned bulletin board stock Voyant International (VOYT), they’ve been a good two days. Shares closed at 10 cents on Thursday - the day we issued our company profile in the newsletter. As of right now, they’re at 12.5 cents…up 25% since our first look.

Even more compelling is the volume. We’re seeing a significant amount of buying now.

The short-term line in the sand seems to be 13.5 cents. We saw VOYT peak there yesterday, not to mention peaking at that line a couple other times earlier in the year. If the stock can break past that resistance, I really like the odds of a rally. I’d be accumulating on that breakout.

On the chart below you see a peak around 38 cents. What you don’t see is the peak of 76 cents from the middle of last year. Those are my short-term and longer-term mental goals.

Are they acheivable? I think so, though we’re not going to put VOYT in a full-blown ‘trade’ framework just yet. All I know is this company’s market cap is a mere $14 million, and they’re looking at a handful of multi-million dollar deals.

In the meantime, I think this bulletin board pick is starting to get traction, reflecting the underlying company’s potential.  

Are you a subscriber to the Small Cap Network newsletter? If not, you’re missing out on some great trading ideas and exclusive market commentary. To sign up, just go to the top right corner of any page of our website. You’ll be joining thousands of other subscribers who have already benefited from our news and views.

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Latest Company Profile Blogs

Tue, Jul 1, 2008 @ 11:56 am
You don’t need me to tell you half of the trading battle is timing. Owning a great company isn’t enough anymore - picking the right stocks at the right time is critical to making any real money in this business. With that in mind, three charts caught my eye in Monday. One of them won’t surprise [...]
Fri, Jun 27, 2008 @ 05:58 am
Most of you will know we’ve been paying close attention to micro cap stock Spicy Pickle (SPKL) over the last few days. A major support line at 83 cents was broken this week, and we watched SPKL sink to a low of 69 cents as a result. If that number rings a bell, it may [...]
Thu, Jun 26, 2008 @ 11:31 am
As I’ve always stressed, we review and respond to all questions. Sometimes we even answer them in a public forum if we think it would be a good thing for everybody to know. Yesterday we got such a question via e-mail….it was the perfect time to explain to everybody how this site works. Our reader said….. I [...]

Recent Newsletter Editions

Wed, Jul 2, 2008 @ 05:07 am
Voyant International has made its way back on our radar, not for one reason, but two. One of the reasons was well publicized, but frankly, the one that wasn't publicized is the one that's got my motor running ....because it's the one with near-term 'put money in my pocket' potential. First things first...
Sat, Jun 28, 2008 @ 09:19 am
I feel a little bit like Larry King this morning ....I've got a lot of 'random news and views' to pass along. The only difference is, mine aren't random - they're follow-ups on several of the things I've been talking about recently. The most important one, of course, is the market and what's likely to...
Tue, Jun 24, 2008 @ 02:42 pm
Believe it or not, it's taken me the last five days to write today's edition. OK, it wasn't five entire days of writing - I just wanted to see how the market played out on Friday, Monday, and today before coming to any conclusions. Add in the weekend, and you get five days. The good news is, I believe...