Long NUC, PAIM

First we wish to thank those who contact us and share what are generally high-quality momentum or value plays. We also thank and congratulate those who have shared their successes inspired by this blog.

Long Nova Uranium Corporation, NUC at $1.33 on the Canadian Venture Exchange. Another speculative uranium play. Despite today's big jump we still see it at a good entry level, and hope it stays over the psychological $1.00 resistance level. If so, the quick move over $4.00 earlier this year is indicative of what this stock can do and we can only hope for a repeat performance.

Long Pearl Asian Mining Industries Incorporated, PAIM at $0.001 on the Pink Sheets. This is a purely speculative momentum play. Those not familar with the true nature of sub-penny stocks we suggest should avoid this completely. Nothing about such companies is to be believed or trusted, especially the inevitable claims of naked short selling, market maker manipulation, institutional interest in their shares, graduation to a senior exchange, etc. This is only presented here purely as a fun gamble on our part. The hype and the chart is familiar to us as bullish, yet we caution readers that we believe this stands at the very least a 50% chance of turning into a total irrecoupable loss. All stocks are risky, but buying ones such as this is practically throwing your money away. If taking a position, we urge readers to be very fast and firm with planned exit levels especially on the down side. To reiterate, in our opinion such stocks are for highly experienced penny stock players or pure gamblers only.

Nova Uranium Corporation
Pearl Asian Mining Industries Incorporated