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Get Ready For Another Sub-Penny!
Southcorp Capital , Inc. (symbol: STHC)
Friday we brought you a subpenny play that was an absolute monster! Straight from the opening bell, that microcap saw heavy accumulation between $0.0034-$0.0036 that seemed like it would never end! But this is why we say to pay close attention to directional momentum at the open…
As soon as the resistance broke we saw that subbie scream to highs of $0.005, which marked a run of as much as 47% on heavy volume! Best of all, there were two more distinct bounces throughout the day for additional profit potential. Congrats to all of you who made this a solid winner. Let’s keep this momentum going with ANOTHER SUB-PENNY for Monday morning!
We’re focusing on Southcorp Capital, Inc. (Symbol:STHC). What we’ve seen with this potentially undervalued play could be signaling a big reversal in the works…
Consolidation Trigger: (STHC)
Over the last 30-days or so, (STHC) has been in consolidation mode. Those scanning for “support” trades (like what we saw on Friday) may begin to pick up on (STHC) based on the fact that after pulling back from recent highs of $0.037, it has maintained a lower level of support between $0.0085-$0.01. Meanwhile, volume has started to pick up a bit, which could suggest underlying momentum has begun to build.
The last time STHC saw trading at these levels it ended up breaking out to highs of $0.0458…a 316% move from those previous levels and nearly 450% from where it closed on Friday! If you look at the chart from that period, you’ll notice that volume had begun to build and we may be starting to see this similar trend once again. Like our last alert we believe that if STHC catches the same kind of early morning action, Monday could be in for some excitement before lunch.
About (STHC)
Southcorp has mainly focused on commercial real estate developments and has even begun announcing a large facility purchase may be underway, which will be used in conjunction with Nate's Foods for canning operations. In several press releases, STHC has stated that it is in the process of purchasing equipment and even filing permits to begin construction on a facility to handle the production in association with this agreement between STHC and Nate’s Foods.
Furthermore, STHC has also begun to include more diversified ventures in its business plan which recently came into play when the Company announced that it has entered into an agreement to produce two weight loss products for a Company that will produce and air infomercials. STHC states that it expects to begin producing the products by the end of May this year. The factory buildout that would benefit the Nate’s Foods venture would also be utilized to producing weight loss products as well which will allow STHC to handle operations in house as opposed to outsourcing the production work.
It’s also worth noting that STHC previous announced a share buyback plan. In February, STHC agreed to buy back up to 150 million shares of its common stock reducing the outstanding by approximately 60% to 99,057,315 shares.
Will STHC Be Our Next Smokin' Hot Subbie on 4/20?
Let’s get right to it! STHC is on deck for Monday morning. With a support bounce chart and significant growth opportunities in front of it within multi-billion dollar markets like weight loss and food processing, STHC could be in a position to grow at a rapid pace in 2015.
At these current levels of support, a rebound back to previous 60-day highs of $0.0458 could make STHC one of the bigger winners we’ve seen this month and a chance to grab quick gains tomorrow at the open could be presenting itself at the bell! Can we go 2 for 2 on 4/20 with another ‘smoking’ hot sub-penny?
Start Your Research on (STHC) Now & Be Ready to Go Monday Morning at the 9:30am EST Opening Bell!
(if you so choose)
Consider This
We can’t do this alone. We get 10s of 1000s of opens from each newsletter we send. Imagine if 1000 people bought $1000 worth of a pick at the open? What do you think would happen? You think it would stay flat or go red? Or would the alert go through the roof? I would think the alert would quite literally go to the moon! Here is the bottom line we are all in this together 1 trade does not make an alert successful but we believe 1000 trades WILL! It’s time for a change, it’s time for a WIN & WE together will prevail! You and I are a part of something with GREAT potential. We will do our part, will you do yours? If you choose to answer YES to the previous question than in our VERY strong opinion our alerts will be a success & by success I mean HEFTY GAINS!
How to get started.
I get a lot of questions regarding what brokerage firms to use to trade OTC Stocks. The one I like the best is Etrade.com. Now with that said there are tons of brokers out there to choose from and here is a great place to compare.
http://www.brokerage-review.com/stock-brokers/list-stock-broker-firms.aspx
Rules for the Road
When trading timing is everything. You need to judge your buys and sells correctly. Lots of traders end up losing money even though they had massive gains at one point and decided not to take profits. Successful trading is all about taking small profits and living with even smaller losses. If you see a reasonable gain you need to sell and go about enjoying the rest of your day. With any of my trade alerts the best time for the cheapest shares can come from the opening bell. Once you have established a position make sure you do not walk away from your computer until you have entered your sell orders because the market can move for you or against you in a hurry.
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