Bullish stocks near support

[steelman]

CGA China Green Agriculture

Alright gang, Today I bought some $10 Dec calls in CGA. MACD just crossed into positive territory. Stochastics is pointing up and getting ready to go above 25. Net income went from 14 million to 21 million from 6/2009 to 6/2010. Investools has a projected price of $15.59. PE is 9.7, EPS rank is 71. The sector chemical manufacturing has also been trending up since July. CGA was at $12 back in mid August. This should be interesting to see as it approaches its 30 day MA of $10. Will it break through resistance? Let's hope so, everything else looks good.

[steelman]

Gfre

GFRE came up today in a Top down analysis. S&P has been trending up for 2 weeks. Chemical Manufacturing has been outperforming the S&P and has been trending up since July. GFRE has been outperforming it's sector. Current price is just under $7. Investools has a projected price of $27.26. It took a nice dip the last 2 weeks. It's current EPS growth rate is 33%. It's quarterly earnings went from .23 to .47 from Q1 to Q2 this year. I bought some Jan $7.50 calls today.

[steelman]

ANV hit a limit order today that I had set 2 weeks ago. I am out with over 100% return after commissions. I bought EGO $20 October Calls today.

[steelman]

Had a little extra time this morning, did a search for my Bullish Stocks near support. Here is what came up.

EMS HUM WCRX VZ SYNT

GMCR, ANV (from Pete H) and FCFS are doing really well for me.

[steelman]

Here are a few Bullish stocks near support that popped up today.

USNA EMS TSCO GMCR SRCL Good luck this week to everyone!

[steelman]

FCFS is having a nice move today. My option has doubled. I am tempted to take profit, but it's a December $25 call, so I may let this one ride for a bit.

[Peter Hansen]

Steel GOOD LUCK!

Hello Pete,

First and foremost, we are not looking for anyone right now to buy a device and not spread the word and refer new members. We are building an peer to peer InterExchange network through word of mouth, viral marketing. If someone buys a device and doesn't refer anyone that does not help us grow.

However, to answer your questions if someone buys a device and doesn't spread the word; That person could drop the long distance part of their phone bill, saving $20-$30 a month in long distance. So this would pay for the device within 8-9 months. This is what my wife and I did. You would receive free long distance calling through your device. You would probably make about 10 bucks a month with your own device. When Phase 2 is over, when 1.3 million devices are in place, they will move into phase 3 which is retail phone service. The are projecting 20 million customers and all of these will also route through our network. You would see a fairly decent amount of money with this. Then they will have internet service in Phase 4, then Phase 5 which is iTV. Lots of room to grow in this industry.

Pete, if you refer just 1 person you would qualify your device into the network, and would share in the revenues of the whole network. Especially since I am actively bringing new members in. You would receive a share in this. I have one person that I am working with right now that says he's going to have 5000 sign ups within a year since he works with national organizations for fund raising. If this happens, you would see $5000 a month minimum.

I just don't know where you can spend $287 one time, and have the potential to see thousands of dollars a month of residual income without anything more to buy. That was a very easy risk for me to take, a no-brainer especially since I will burn that on a good night out with nothing to show for it besides an empty wallet the next morning.

When I bought this, there were no guarantees. I bought this before the network went live. I bought this on pure faith, that the company could do what they said they were going to do. Well, it's not in the idea stage anymore. The network is live, the devices are real, calls are terminating and fees are being generated. I hope this helps clarify what we are doing. We are still in our infancy as well. We are approaching 20,000 members.

Steel thanx for the info on the business. Well ya must follow what is in your heart........think positive.......give it your best shot and don't let ouside forces distract you. Good Luck and have a prosperous year!

[steelman]

Steel ........if one were to invest the initial approximately $300 and if he did not yet sign up 3 more members ......what could the average guy expect to receive for his monthly check?
This is what a perspective member of the business would want to know. He would be trying to ascertain how long it would take to recoup his initial investment.
It does sound good.......but inquiring minds wish to know!
If I were to buy a franchise , I definitely would like to see the "REAL" set of books . Only a guy riding a turnip wagon would throw down $500K on a wing and a prayer. LOL

Hello Pete,

First and foremost, we are not looking for anyone right now to buy a device and not spread the word and refer new members. We are building an peer to peer InterExchange network through word of mouth, viral marketing. If someone buys a device and doesn't refer anyone that does not help us grow.

However, to answer your questions if someone buys a device and doesn't spread the word; That person could drop the long distance part of their phone bill, saving $20-$30 a month in long distance. So this would pay for the device within 8-9 months. This is what my wife and I did. You would receive free long distance calling through your device. You would probably make about 10 bucks a month with your own device. When Phase 2 is over, when 1.3 million devices are in place, they will move into phase 3 which is retail phone service. The are projecting 20 million customers and all of these will also route through our network. You would see a fairly decent amount of money with this. Then they will have internet service in Phase 4, then Phase 5 which is iTV. Lots of room to grow in this industry.

Pete, if you refer just 1 person you would qualify your device into the network, and would share in the revenues of the whole network. Especially since I am actively bringing new members in. You would receive a share in this. I have one person that I am working with right now that says he's going to have 5000 sign ups within a year since he works with national organizations for fund raising. If this happens, you would see $5000 a month minimum.

I just don't know where you can spend $287 one time, and have the potential to see thousands of dollars a month of residual income without anything more to buy. That was a very easy risk for me to take, a no-brainer especially since I will burn that on a good night out with nothing to show for it besides an empty wallet the next morning.

When I bought this, there were no guarantees. I bought this before the network went live. I bought this on pure faith, that the company could do what they said they were going to do. Well, it's not in the idea stage anymore. The network is live, the devices are real, calls are terminating and fees are being generated. I hope this helps clarify what we are doing. We are still in our infancy as well. We are approaching 20,000 members.

[Peter Hansen]

Pete, you know pyramid schemes are illegal right? This is not a pyramid scheme. However, we are a direct sale, network marketing company in the telecommunications industry.

To answer your question, it would be very expensive for the company to locate 1.3 million devices nationwide. At&T, Verizon, Qwest have hundreds of millions and billions a year in overhead. Our members are the network. We are providing a dedicated land line and an internet connection for the company to route calls through. Since we are providing this, they are paying us for the useage. This gives the company an extremely low overhead compared to the industry. This allows them to provide the lowest cost route. They pay the members/device owners 70% of the total revenue generated. This is a Billion dollar a month revenue stream that is in place. We are the foundation of the company. Without the devices in our homes, there is no business. The company needs us for this whole system to work.

Oh yeah, Pete...what does this have to do with FCFS? LOL

Steel ........if one were to invest the initial approximately $300 and if he did not yet sign up 3 more members ......what could the average guy expect to receive for his monthly check?
This is what a perspective member of the business would want to know. He would be trying to ascertain how long it would take to recoup his initial investment.
It does sound good.......but inquiring minds wish to know!
If I were to buy a franchise , I definitely would like to see the "REAL" set of books . Only a guy riding a turnip wagon would throw down $500K on a wing and a prayer. LOL

[steelman]

Steel several years ago there was a scheme to own your own "payphone" and reap huge profits , but they wanted about $1500.......then of course the vending machine nonsense........all proved to be sucker bets.
Basically the questions one must ask .......if the "OPPORTUNITY" was is so good......why doesn't the company just buy all the poles in the various areas and make ALL THE MONEY?
Why split the booty with anyone? ......seems as if they will make more money on getting 3 more "victims" alas .......the perfect pyramid scheme..........I could be wrong but just my thoughts!

Pete, you know pyramid schemes are illegal right? This is not a pyramid scheme. However, we are a direct sale, network marketing company in the telecommunications industry.

To answer your question, it would be very expensive for the company to locate 1.3 million devices nationwide. At&T, Verizon, Qwest have hundreds of millions and billions a year in overhead. Our members are the network. We are providing a dedicated land line and an internet connection for the company to route calls through. Since we are providing this, they are paying us for the useage. This gives the company an extremely low overhead compared to the industry. This allows them to provide the lowest cost route. They pay the members/device owners 70% of the total revenue generated. This is a Billion dollar a month revenue stream that is in place. We are the foundation of the company. Without the devices in our homes, there is no business. The company needs us for this whole system to work.

Oh yeah, Pete...what does this have to do with FCFS? LOL

[Peter Hansen]

Steel

Also picked up some FCFS December $25 calls yesterday.

Steel several years ago there was a scheme to own your own "payphone" and reap huge profits , but they wanted about $1500.......then of course the vending machine nonsense........all proved to be sucker bets.
Basically the questions one must ask .......if the "OPPORTUNITY" was is so good......why doesn't the company just buy all the poles in the various areas and make ALL THE MONEY?
Why split the booty with anyone? ......seems as if they will make more money on getting 3 more "victims" alas .......the perfect pyramid scheme..........I could be wrong but just my thoughts!

[steelman]

Also picked up some FCFS December $25 calls yesterday.

[steelman]

Went back into GMCR yesterday with some December $35 calls.

[billyjoe]

Steel,
FCFS is trending up nicely. VV has it valued at 39.19. Also rated 51st of over 8,000 tracked stocks.

-------------billy

[steelman]

Today, I really like FCFS First Cash Financial Services.
Investools has a projected price of $37.24. it's currently trading just above it's 30 day MA. MACD is about to move into positive territory and stochastics is pointing up, over 50. Accumulation looks up and there was a nice spike in volume a couple of weeks ago.