What we are Watching for the Week of February 8, 2010 – KEYO, MFGD, CSKH, BIEL, PASO, OPMG
KeyOn Communications (KEYO) – We are predicting a major federal broadband stimulus award for KEYO – On Friday an institutional investor pledged up to $50 mm in financing to the Company. Such a commitment would not make sense without an award being pending. We are also predicting a major move higher in share price. See the full blog posting dated February 7th at – http://www.joenoelstocks.com/category/stocks-covered/keyon-communications-keyo/
Money4Gold (MFGD) – We have been telling everyone to buy these shares since the stock was at $0.21 – we are now up over 60% (to $0.34). The price of MFGD shares is going even higher in our opinion. Look for a blow away Q4:09 to be announced over the short term. We believe this strength will carry over into the current quarter. Our level of confidence is high. A summary of our views at http://www.joenoelstocks.com/category/stocks-covered/money4gold-holdings-mfgd/
Clear Skies Solar (CSKH) – We are underwater on our CSKH recommendation and we are not too thrilled about it. Volumes have been very strong after our recommendation and some positive news flow from the Company. This buying volume has been met by all too willing selling, resulting in a lower share price. We are now thinking this seller is “cleaned up” and out of the market. On Friday, the price recovered after several large blocks went through. We point to the very aggressive statements the CEO has made recently about the return of financing and the strong pipeline of business as indications that the fundamentals have rapidly improved. We are predicting a rapid rebound in the price of these shares. This is our top pick for 90-day price appreciation – no other stock comes even close on our confidence scale. The downward price movement only strengthens our resolve that this is a great pick at this level. Our last details blo post is at: http://www.joenoelstocks.com/category/stocks-covered/money4gold-holdings-mfgd/
BioElectronics Corp (BIEL) – After being promised for many weeks, I am hoping this is the week we finally get to see the auditor issue the final report from the audit. I am keeping my fingers crossed for this week. Current situation of delays is completely unacceptable.
Patient Access Solutions (PASO) – With the financial review by the auditor completed, expect to see the Company file paperwork with regulators and brokerage firms to move off the Pinks and over the OTC. Last week I called the CEO to joke with him that when his stock was $0.035 per share it was very easy to reach him – but now that shares trade at a new 52-week high ($0.105) I have to leave voice mail for him because it is too busy to pick up my call. While I was just kidding with him, he laughed and mentioned that the number of opportunities now coming to the Company relative to the new EMR and home health care products is causing him to work harder than ever – I love such comments from small cap CEO’s. Latest thoughts at: http://www.joenoelstocks.com/category/stocks-covered/money4gold-holdings-mfgd/
Options Media Group – (OPMG) – Expect to hear a lot from this Company over the coming weeks as the migration from traditional forms of advertising to mobile advertising continues to accelerate and as news flow heats up. We like the fixes to the balance sheet that have occurred recently – now debt free with more than $1 mm in cash available to grow the business. We suggest you add OPMG to your watch list. A nice trader that is getting a lot of attention – as news picks up there will be many investors willing to analyze the news and the potential for positive impact. We recently lissued a 20 page research brief on OPMG – go to this link to view: http://www.joenoelstocks.com/category/stocks-covered/options-media-group-holdings-opmg/
{ 31 comments… read them below or add one }
Joe,
Hoping for a double soon so that i will recover my money back. You recommended the stock when it was 6 cents. We bought and the price came down to 3.5 cents now? Are we expecting a double now?
Hey Maddy,
No worries, opmg will take flight, I have no doubt on that one.
I just did not expect it to take a downward sprial like it did!!
Just hang on, I am sure opmg will make you happy.
Unless UFOS invade or something!! lol
revz100
Joe,
Didn’t the audit firm give you a set date on which the audit would be ready by? I assuming that an accounting/auditing firm works in the framework of schedules and deadlines. If not, why wasn’t the agreement with them structured as so? Have they not given you some kind of ‘drop dead’ date as to when it would be ready? I would think this would be pretty standard, especially when you are, allegedly, pushing them for the results.
Joe-Is the audit for beil going to help out the pps? Are the numbers going to be good?
I hope the release of the audit helps the share price, but I do not think it will have a major impact. I think BIEL needs to show more progress in international in order really get the price of these shares going. We will see however as I hope to see the audit results soon. Joe
The date of the audit completition is not outlined in the contract. I am hoping to see the results soon, but cannot give you an accurate estimate at this time. Sorry – Joe
Joe,
OPMG has taken a beating. I bought a couple thousand shares after reading the wealth of info about it. I didn’t speak with the CEO or any company official though. If all my DD material was accurate (part of my DD being your wonderful report) this company should be very successful. Do you still believe this is a good investment? I didn’t buy to make a quick buck (luckily) but instead as a buy and hold. It’s just sad watching BIEL, BMGP, and OPMG just tank on a daily basis. Can you offer any reassurance on OPMG? I don’t need it on BMGP and BIEL as I strongly bielieve in these companies…
Steve
Steve,
You have just stolen my words. I have been asking the question to joe on a daily basis now and he is confident everytime responding yet the price tanking. Please do you own DD. This is my lesson. I lost a ton in BIEL, CSKH and OPMG after listening to Joe suggestion. I understand he is picking the right company in his recomendation, However the timing is very poor. I am almost down by 50 % in my investment in OPMG. It took 2 yrs for me to save this money and 3 weeks to loose this money. Do not do the mistake, he can only recomend the wealth and forecast the upcoming events, he does not have any control on the momentum and shrea price reaction. This is just my opinion. Having said that i still own OPMG and think this is a long term investment. I want the price to double atleast to recover my money back. Good luck to you… OPMG will do great in long term.
I agree with you Maddy!!
It is just hard to watch in the short though, but
I think we will be good to hold for long!!
That is once the dilution is absorbed and revenue gets
ramped up!!
Just reading Joel’s new summary points from Sunday put my mind at ease!
The more I read other people’s comments about Joe’s picks, the more I think Joe is a pump and dump scam artist. Next time, I’ll just play the pump and get out before the dump.
Jason
If you consider any penny it is obviously a pump and dump.. you will see the price strike high only once.. The problem we are facing with joe recomendation recently is.. example CSKH, OPMG once he recommeds its going down. I think it is a dump and pump. lol.. Dump we have witnessed let’s hope for a pump soon that way we can get our money back..
Just short sell these picks and you will make money. The pattern is blatantly obvious.
HI Joe,
I see PDMI constant at .0012 for a while but a 30% bump today. Is there any news coming that you know of? I am thinking if any news is coming, might be a good time to get into this.
Can you comment on the price action of OPMG?
This is going down everyday.
Any ideas on amount of share dilution that has been going on?
Thank you.
Thomas – Sorry to burst you bashing bubble, but these picks are up hugely and I think they are going higher. PASO is more than a triple, MFGD is up 60% and will probably report a huge numbers for Q4 with follow up in Q1. KEYO just received a $50 mm financing committment and is likely to get tens of million in federal broadband stimulus money. BIEL has it problems, I will admit until the audit is released. OPMG has recently paid off its debt and has lots of cash (and lots of big customers) to chase the migration in advertising from traditional media to moblie media. We will see over the coming weeks, but thus far these picks are off the chart. Joe
John – there is clearly a big seller in the stock. I will get some detail info out as far as the current share count. I like today’s announcement and think there is solid revenue growht behind it. Joe
A Jai – Sorry, do not know the PDMI story, but if you know the management team please tell them to call me – I love hearing about new small caps. Joe
Joe -
What are your thoughts on why the BIEL audit is taking so long? Also, have they officially filed the PMA Application yet?
Revz – Thanks – I am very excited about all the stocks outlined in the Sunday briefing – When I add BMGP and the news announded today to the mix I think it is an exciting set of stocks. Joe
Steve – I am a big believer in OPMG also. I have followed the migration of advertising to mobile for the past few years and I think we are now seeing a major pick up. I also like OPMG’s balance sheet and the cash levels. I encourage out to pick up the phone can call the CEO – he has a lot of exciting things to say. Joe
Jeff – My thoughts on BIEL are of frustration. The PMA has not yet been filed. Joe
I wish I would have never heard of biel. Worst investment I have ever made. To many any day nows, next weeks, Big news coming, and they do nothing. I dont believe there is an audit anymore. An audit firm could have done the congress in 6 months.
Kyle – Could not agree more with your frustration. This audit is taking way too long. I hope Andy Whelan can get this out soon and put this behind the company. The audit should allow more flexibility in where the stock trades, so it is noevertheless important. Joe
Joe- can you briefly explain what was going on yesterday with PAP.
Joe,
While I appreciate “your understanding” it does me or any of the other shareholders any good. Is there anyone on the management team that’s watching floor? Because I just keep watching my net worth become worth less everyday. It seems as if management is just writing us off and preparing for the next batch of suckers to invest in this company. No action and no results is unacceptable. WHAT IS BEING DONE ABOUT IT?
Clark – I think the share price drop is just deal related. Looks to me that at least one of the buyers dumped the stock – Really not a bad deal for them as they could sell the shares and still keep the warrants. Many of these private placement transactions go to financial buyers who are not interested in the company. To them it is just a trade – I suspect this is what happened here. PAP’s business is strong. The stock is undervalued at current levels so I think all of us who are long will be fine. This is an A+ management team that knows what it is doing. I think shares will rebound as their new investment banker takes them on the first road show, which is coming up in a few weeks. Joe
trixr4KR – I agree it is unacceptable. I am sorry I do not have a solution. Andy Whelan is the CEO – he can be reached at 301-874-6943 and his email is awhelan@bielcorp.com I wish I had a solultion to offer you but I do not. Joe
Sir,
For BIEL, will the audit results include information from Q4 of 2009?
If not, what is the latest quarter that will be included in the audit?
Thanks,
tvanyo_2000
Joe,
I haven’t seen any posts on MFGD recently. What are your thoughts on this stock and its performance in the upcoming months ahead? The stock is down around $0.195 now. A big decline from the $0.35 range in Feb.
Thanks,
JP
JP – regarding MFGD – I think management made big mistake in the way they announced the big Q4 results. It was huge an a tough act to follow. I also think investors are concerned about the fed or state governments stepping in the regulate. I’m happy I have not recommend it on the way down. Joe