We hope everybody enjoyed the weekend.

The US markets were closed today so we worked on our alert for Tuesday which looks like it is set up for a nice trade this week.

The price of oil made a new recent high Friday hitting $104. While this is not exciting news for those of us that have to fill our gas tank each week, it does mean that oil and gas stocks will be heating up again as investors look for ways to capitalize on rising oil prices.

Our alert for Tuesday has some positive technical reasons to take a close look at it in addition to the rising price of Oil.

Let’s get to it.

Our alert for Tuesday is Legend Oil & Gas, Inc., LOGL, and the stock closed Friday at 83 cents.

Here’s some information to get you started:

LOGL is an oil and gas exploration, development and production company with leases in Canada , southeastern Kansas and northern North Dakota.

LOGL recently announced positive news regarding it’s Kansas drilling program stating that 3 wells drilled in December have been completed and put into production.

In addition, LOGL has decided to drill up to 10 more wells in Kansas this spring.

This spring could be an exciting time for LOGL. Not only will they need to disclose actual results of the last drilling program (Oil and gas companies are allowed to keep results private for a limited time so they have an advantage over their competition as far as locking up new leases in the area.) but there will be plenty of news regarding the new drilling program. As we know the more news the better because news helps draw attention to a stock.

When it comes to exploration companies like LOGL, traders tend to attempt anticipating major news.  With the 10 wells set for the spring, it would seem the move reflecting these potential results will come soon.
So, quick story recap:

-Oil is trading higher which pulls oil and gas stocks up with it.
-LOGL just completed 3 wells and is about to drill 10 more.
-Traders often bid up oil exploration companies stocks in anticipation of positive results.

What is most exciting about LOGL, however, is its chart.  Let’s take a look at some of the indicators that are pointing in the right direction.

1) LOGL has had 5 consecutive down days.

As a rule 3-5 bars in a row in any direction indicates a reverse in price direction is close by. (Remember this!)

If you look at the chart you will see the last run up came after 4 consecutive red bars and the latest decline came after 5 green bars in a row.

2) The 50% retracement area of the last move held on Friday. For those of you that follow Fibonacci you know that the 50% area is very important and a test and bounce of this area is a positive.

3) The last couple LOGL daily bars have nice bottoming tails showing us buyers are around at these levels. This is a bullish sign.

Between the story and the chart there are good reasons to make sure LOGL is on your watchlist for Tuesday.

As always, do your own research, don’t chase gaps, use limit orders
to enter positions, always use stop loss orders to protect your
position, and take profits when you are in a position to do so.

Get ready to book your profits with LOGL.

Good Trading,

Mark

Hey Everybody,

It’s been a while since our last newsletter. Last week I took my son to look at a school in Florida so I was out of the office. We also managed to get in a couple days of fishing the flats of Tampa Bay.

When I got back my inbox was full  of emails from people wondering where we were and when the next alert was coming out so let’s get to it.

As you know 2012 has been awesome for our readers. We have been blessed for sure.

Last week we our 2 alerts made price gains of 64% and 20% respectively.

Our latest swing trade alert (short RFMD below $5.00) has triggered, is headed lower and looks like it will develop as planned.

So, as they say, you’re only as good as your last winner so we better keep them coming.

We have another OTC stock that looks like it has all the components to make a big run so let’s get to it.

Ready??!!

This company has an exciting story the stock is sitting on support so if you’re looking to put something on your watchlist with nice profit potential this is a good one.

Our alert for Thursday is Black Castle Development Holdings, Inc., BCDH, and the stock
closed Wednesday at 5.5 cents.

Here’s some information to get you started:

BCDH is a holding company with multiple opportunities but the one that gets us excited is bizM3.

BCDH’s bizM3 is an exciting upstart in the $3.3 Billion mobile marketing industry.

Check out this video and you will see why we think the market will get excited about BCDH.
http://www.bizm3.com/about-us.html

BCDH’s bizM3 states in it’s video to have created the most advanced mobile marketing platform in the world.

BCDH’s bizM3 video says major advertising buyers are already using this advertising platform.
- Harley Davidson
- Dennys
- The US Post Office
- The PGA
- Wendys
- IHOP
- Panera Bread

Why mobile marketing is the future of advertising:
- 9 out of 10 Americans are Mobile phone users.
- Worldwide there are 4 billion mobile phone subscribers.
- There are 1.4 billion Internet users and 850 Million paid subscription TVs (cable or satellite).

More people are on mobile devices than Internet and television combined.

Mobile marketing has a larger reach than the traditional marketing devices.

Mobile marketing allows advertisers to instantly engage users turning them from prospects to customers faster than any other medium.

Mobile marketing is the future of advertisement, and BCDH’s technology is on the forefront of this blossoming industry.

This is the type of story OTC traders get excited about, a company in a fast growing industry with some reputable clients will draw some eyeballs.

Click to Enlarge

Now let’s look at the stock..

BCDH has shown that it can really move in a hurry.
BCDH ran from 5 cents in November to 23.5 cents in December.

That’s over a 350% price gain!

Just last week BCDH went from 5 cents to 9 cents for an 80% price gain.

Anytime after 3 red bars you look for signs of a reversal.  It looks like we got that sign Wednesday as the stock began to see some buyers in the afternoon.

BCDH looks like it could be poised for a move from here.

As always, do your own research, don’t chase gaps, use limit orders
to enter positions, always use stop loss orders to protect your
position, and take profits when you are in a position to do so.

Get ready to book your profits with BCDH.

Good Trading,

Mark

If you do not trade with a broker that allows stops GET ONE.
ChoiceTrades does allow stops and they only charge $5 commissions
on OTC stocks. Open an account by following this link.

http://wfwsconsulting.com/choicetrades

Stop by and say hello on facebook

http://www.facebook.com/otcstockexchange

Short RFMD Below $5.00

Stop Loss Just Above $5.50

Target Area $4.00

Hi Everyone,

Another alert, another winner.  HRID hit 12 cents today up nearly 50% from our alert Monday night.

This is the latest in a string of winners we’ve had; DHT, DNDN, and BONT to name a few.  We’ve been receiving several kind emails, which we are thankful for.

Many of you want to know why we aren’t bragging?

The answer’s simple, when a chef cooks a perfect steak does he run out to the dining room expecting applause?  Does a plumber scream about how awesome he is after he fixes a clog?  Of course not, that would be ridiculous, they’re doing their job.

We pick winners, that’s what we do, if you continue to read our newsletter that’s what you can expect.

If we were NFL players, after scoring a touchdown we would hand the ball to the ref.  No touchdown dances necessary here, we’ve been there before….

Okay you got us, we are doing a little bit of a dance in the office, but trust me it’s not a good one

We have every reason to be happy.  If you followed our advice over the past two weeks you’d be up over 100%.  In other words, in 2 weeks you could’ve made what a savings account would make you in over 30 years.  Take that banks!

Speaking of making bank, there’s no reason to stop now.  We’re on a hot streak, and have another great idea for you.

Take a look at the chart below.  The stock is HSOL and we think it’s a buy if it crosses $2.08.

Click to Enlarge

Place stops below $47..50

First target $53.00

Second target $60.00

A couple quick updates and a new trade idea for you.

QUMI, our alert from last Monday hit 73 cents up 46% since our alert last monday. Move your stops up to protect profits. I’d use the 60 cent area but everyone should do what makes sense for them. Nice job to those that made some loot with that one.

NUVI, our alert for today, is just kind of stuck in the mud. The 60 cent area still holds as support, placing stops just under there may be a good idea. Hopefully we will see some news or other type of catalyst to get this one going. Stay tuned.

CIM our dividend play needs to clear $3.07 before marching ahead. It hit $3.06 Friday and today so it is flirting with it for sure. If you take a look at the chart, it has made an impressive run since the beginning of the year. One reason I still think it heads higher here is because we have had multiple down days (red bars) but never two in a row. These are called RBIs (Red Bars Ignored) and shows that even there are sellers in the mix they are no where near controlling the direction of the stock.

BONT our trade alert from last Thursday hit $4.27 today up 13.5% at the high.

Thanks for those that have already stopped by and posted on the blog for a chance to win a $250 long term investing account at Goalmine. If you have not done this yet, what are you waiting for? Here’s the link: http://otcstockexchange.com/win-a-free-250-gift-card/

I have a longer term trade idea for those of you that are interested.

DHT Holdings, Inc. (DHT: NYSE) closed Monday at $1.09

Here is why I like it:

DHT is a lower priced NYSE stock so there is nice upside.

DHT has a 52 week low of 66 cents and a 52 week high of $5.15.

Click to Enlarge

DHT has been trading above it’s 20ma for the last couple days, for the first time since June/July 2011. Even more exciting is the 20 just crossed over the 40ma for the first time since July 2010!!!

DHT did $100 million in revenue for 2011 up 11.5% over 2010.

DHT just payed a dividend of 3 cents last quarter. If that continues going forward the yield on the dividend would be 13.8% alone.

MMI Investments filed a 13d January 26 which means they may intend to take over the company. Takeovers or potential take overs tend to help get stock prices moving.

DHT closed above $1.08 Monday for the first time since December 7th.

Next area of resistance is the $2.00 area put in in October of 2011.

So, to recap, DHT is a 100 million dollar revenue company paying a 13.8% dividend, the stock is off it’s lows and looks to have some nice upside ahead.

Because it’s NYSE, every broker on the planet would accept stop loss orders so you can protect your downside. If it were me, I would look at putting stops in the 90 cent area.

As always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading,
Mark

If you do not trade with a broker that allows stops GET ONE.
ChoiceTrades does allow stops and they only charge $5 commissions on OTC stocks. Open an account by following this link.

http://wfwsconsulting.com/choicetrades

Stop by and say hello on facebook

http://www.facebook.com/otcstockexchange