| No Tricks…Only Treats! |
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| October 30, 2007 |
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Knock, knock.
Who’s there?
Boo.
Boo who?
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SCARY Good Profits
We’ve been cashing in lately — collecting more and more profits each week. Some are small and some quite large, but all of them are keeping us in the black:
- TECH: Held for five weeks — gains of 9.75%
- VIVO: Held for one month — gains of 10.57%
- ICA: Held for five weeks — gains of 19.50%
- MA: Held for seven weeks — gains of 20.00%
- MSFT: Held for one month — gains of 25.51%
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Boo-HOO…is what everyone not in our Trending123 circle would be saying if they knew the kinds of profits we’ve been making lately!
Seriously, all Halloween references aside, I am wholeheartedly convinced that this market is on track to hand us even more spectacular gains in the not-too-far-off-future. And knowing that means I have to share it with as many people as will listen.
I’m not holding anything back. There are times to be cautious and there are times to dive in fully clothed! So again, I am pleading with you to make money with us today. No more waiting around — no more missed opportunities!
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Leave the candy for the children this Halloween. Instead fill up on the stocks with the sweetest opportunities for gains, like the two below:
Asta Funding, Inc. (ASFI) — Together with its subsidiaries, engages in the purchase and liquidation of performing and nonperforming consumer loan portfolios. The company is based in Englewood Cliffs, New Jersey. I love this stock right now. Short interest in ASFI is really high, setting it up to be a perfect short squeeze play. Get in on ASFI up to $42 a share.
Cisco Systems, Inc. (CSCO) — You’ve all heard of Cisco, I’m sure, but if you haven’t, the company designs, manufactures, and sells IP-based networking and other products relating to the communications and information technology industry worldwide. The company was founded in 1984 and is headquartered in San Jose, California. Our buy under price for CSCO is $33.
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There are many more stocks to stuff in your Jack-o-Lantern, so make some room and then come knocking — our door is always open to you. Dress up, dress down, or dress like a clown! We don’t care! All we ask is that you come with an open mind and the desire to win big.
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Squeezing Out the Big Gains
At the end of May, I talked about the mistaken assumption that high short interest alone is a good reason to buy a stock. High short interest isn’t bullish in itself, it just means there are more shorts in the stock.
But there is one time when high short interest is bullish: when the stock is in an exceptionally bullish pattern that could break out. Now, it’s important to understand that the short interest doesn’t cause the move up, but it does exacerbate it and make it faster. That’s just what we’re seeing in ASFI. Back in August, when it made an outside bullish reversal in an ascending triangle pattern, this stock gained over 16% in just three days.
Right now, there are so many shorts in the stock that when it makes its next move up, they’re going to get squeezed till their wallets are empty. But this could happen anytime, and when it does, you need to know when to take profits. Please don’t miss my profit alert on ASFI—join us now for daily updates at Trending123.
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Leave the hard stuff to me! Join us at Trending123 today.
Sincerely,
John Lansing
Trending123
P.S. How many investment advisors update each and every stock in the portfolio every trading day of the week? I know that one does — John Lansing. Become a Trending123 subscriber today and reap the many, many benefits right away!
P.P.S. There are large profits to be had! Wait around and you may miss out on the next round of profits! We’ve made astounding gains before, like Cell Genesys (CEGE) up an astounding 96.72% in 8 days; Zoll Medical (ZOLL) up 109.91% in 4 months; and U.S. Global Investors (GROW) rose 70.68% in 36 days. More mouth-watering profits are set to come…click here for more information now!
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