This is a "Pennies to Dollars" update in regards to our stock picks from the
last 6 months.
An update on our current stock pick ATNO is at the bottom following the updates
on our earlier stock picks.
Quickly; I want to remind our members and anyone else that reads this that
"Pennies to Dollars" and our affiliates do not receive compensation (money,
shares, or otherwise) for our stock pick profiles or updates and IF we ever do;
it will always be fully disclosed.
In a nutshell; we take the same risk of making or losing money as our members
and everyone else that invests in our plays.
At "Pennies to Dollars" we work hard to live up to our motto: "We pick tomorrows
hot stocks today"
Here we go:
Oct.25th pick: AIG pick price: $1.70
At that time AIG had just narrowly avoided bankruptcy thanks to the Fed. AIG
traded as high as $2.84 on Nov.10th after announcing earnings for a maximum 67%
gain after our $1.70 pick price. AIG over time consolidated to as low as .33 on
March 6th; before making its most recent run-up as high as $2.00 on March 19th.
AIG closed at $1.14 on April 3rd.
Dec.2nd pick: PGPDQ pick price: .22
We picked PGPDQ right after they filed for bankruptcy at .22. Over the following
two weeks PGPDQ reached a high of .96 for a 336% gain from our original pick
price. After consolidating to a low of .46 soon afterwards; PGPDQ reached a high
of $2.99 on March 23rd for a maximum possible gain of 1259% from our .22 pick
price on December 2nd !! PGPDQ closed at $1.79 on April 3rd.
Dec.10th pick: THMR pick price: .12
THMR was picked as a bottom bounce play at 12 cents after losing roughly half of
its value in the previous 2 trading sessions; and after being delisted from the
NYSE down to the Pink Sheets. THMR shortly after our alert traded as high as .27
for a possible 125% gain from our original pick price. THMR last week announced
its intent to file for bankruptcy and close up shop. THMR closed April 3rd at
.015.
Dec.26th pick: PALM pick price: $3.18
PALM became our next stock pick after they had announced a $100 million equity
investment by Elevation Partners. It was also about 2 weeks before the Consumer
Electronics Show in early January where PALM introduced their long awaited Palm
Pre. PALM has traded as high as $9.69 (more than 3x higher) since our Dec.26th
alert; and could easily still go higher. PALM closed at $9.42 April 3rd.
Jan.14th pick: NRTLQ pick price: .10
NRTLQ at the time we alerted our members; had just filed for court-supervised
restructuring under the CCAA (Canada's Companies' Creditors Arrangement Act).
NRTLQ traded as high as .14 immediately following our pick before consolidating
to the 7-9 cent range for several weeks. NRTLQ however recently rocketed up to a
high of .35 on March 27th; a 250% gain from our original 10 cent pick price.
NRTLQ closed April 3rd at .205
Jan.25th pick: CCTYQ pick price: .0055
We picked CCTYQ on Jan.25th as a bottom bounce play after the pps had fallen 85%
in the last 4 trading days and over 97% in the previous 2 weeks. CCTYQ has
traded as high as .01 since our pick alert; for a maximum 82% gain. At times
appears that CCTYQ will re-enter pennyland and continue to run but so far it has
fizzled out each time it gets close. CCTYQ closed at .0075 on April 3rd.
Jan.29th pick: SCLL pick price: .011
We picked SCLL as it was slowly uptrending soon after Obama became President
while stem cell plays were hot. SCLL topped out at .017 for a maximum gain of
nearly 55% from our pick price. After the ban on Federal funding for stem cell
research was lifted stem cell plays mostly fizzled. SCLL closed April 3rd at
.005.
Feb.20th pick: SIRI pick price: .135
"Pennies to Dollars" listed SIRI as a stock pick on our website and on our
Yahoo! forums between Feb. 20-25th although we never officially sent out a
profile or alert. (Sometimes it pays to check our website/forums from time to
time). SIRI narrowly avoided bankruptcy in February and we listed SIRI as our
pick on the pullback from the initial run-up after Liberty Media threw SIRI a
$530 million lifeline. SIRI ran as high as .43 on March 18th; more than a 3
bagger from our .135 original pick price. SIRI closed at .351 on April 3rd.
Feb.25th pick: JRCOQ pick price: .002
JRCOQ had just filed for bankruptcy the weekend before we sent out our profile
alert. Although at the time our .002 pick price was high in comparison to its
trading range; the last few weeks JRCOQ has uptrended on relatively low volume.
The uptrend has begun to accelerate the last few trading days and JRCOQ closed
Friday April 3rd at .008 (a 4 bagger so far) on volume of more than 1.8 million
shares. Buying picked up significantly on Friday and JRCOQ appears to be poised
to enter pennyland this coming week.
Which finally brings us to our current "Pennies to Dollars" stock pick ATNO.OB
ATNO was picked as our latest pick on March 11th at .0012 which is where it
closed at on Friday April 3rd.
The link to our ATNO stock pick profile is below:
http://finance.groups.yahoo.com/group/Pennies_to_Dollars/message/1682
ATNO as of its most recent 10q is listed as a shell stock. Recently the CEO has
made several insider stock purchases adding up to over 6 million shares.
(roughly 3% of the outstanding shares of 185,165,600 as of Sept 30,2008). And
ATNO has recently released news that they are in search of companies to merge
into their shell. (see news below)
Atlantis Technology Group Board of Directors Is Reviewing Several Possible
Acquisitions
Monday March 2, 2009, 9:09 am EST
http://finance.yahoo.com/news/Atlantis-Technology-Group-iw-14510094.html
ATNO filed a NT-10k last week stating that they will be late in releasing their
10K due March 31st. Basically all we can expect to see in the 10K when it comes
out is a confirmation that the OS is the same; and whether or not they are still
reporting as a shell.
The real update will be when they finally release news bringing shareholders up
to speed on their progress seeking acquisitions. This news could come out at
anytime now.
As for the stock price of ATNO; the spread is wide and we are watching for it to
tighten up soon. The ask has been gradually going up on low volume and based on
how it trades it is getting harder and harder to buy shares below the ask.
The price has been slowly moving up and in the opinion of "Pennies to Dollars"
it could only be a matter of time before volume makes this one jump quickly.
Especially if they release surprise news of an acquistion or reverse merger with
revenues and/or contracts.
We strongly feel that ATNO still has the potential to be a multi-bagger stock
pick.
PLEASE NOTE:
"Pennies to Dollars" stock picks are generally high risk/speculative short term
stock plays. IF you choose to play ATNO or any of our other picks; choose your
entry/exit points carefully.
Information provided in this profile/update is the express opinion
of "Pennies to Dollars".
We ask that our members and anyone that views our stock profiles,
updates, and forums always do their own due diligence BEFORE
investing money in any stock mentioned on or picked by "Pennies to
Dollars" or any of our affiliated stock forums.
Disclaimer: We own shares of ATNO and other stocks that we buy and
sell for profit. "Pennies to Dollars" and its affiliates have not
received any type of compensation from ATNO or any other third party
in exchange for this stock profile/update.
Our full disclaimer is available for viewing at:
http://Pennies-to-Dollars.com/DISCLAIMER
Visit our Website today at:
http://Pennies-to-Dollars.com
imo
pennystocks_rule
Administrator