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| Promoter: | HSP Team | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| MONK | $9000 | 56387 |
| Max Profit: 0.88 % | Gain at close: -21.72 % | |
| *We think that this promoter is a part of a group of promoters. | ||
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Good Morning, Yesterday MONK rallied 3.41% and delivered volume of 3.299 million. That might not seem impressive but when you put into context yesterday's performance was huge for today's potential explosion. In my main report I outlined strong reasons to take a look at MONK today so in true keeping-you-alert fashion dropping a last-minute reminder. MONK as I covered is a solid mining company that is doing massive things over in Mexico. The company recently increased its ore cache from 8,000 tons to 9,000 and seems ready to start tapping the 40-year production life of the mine it has an interest in. On the industry side MONK is in very good shape because gold prices have been trending up. The 14-year high of the NASDAQ really just caps off the euphoria in the markets at the moment so I am not surprised MONK has set itself up for a potentially huge rally. MONK has also been in the news a lot and from the big announcement of Mr John Brownlie to the company's strategic advisory board to the appearance of company CEO on MoneyTV with Donald Baillargeon, 2/21, the company has given traders a lot of catalysts to act on. Those catalysts look set to work themselves into market valuation today which is why I want you to take a very serious look at MONK. The strong volume yesterday is just one drop in the ocean of volume-intensity the play has seen in recent weeks. There's tremendous upward pressure built up in the play and I believe that today it could pop. Keep in mind also that the 52-week high for this bad boy is $1.28. At present valuation (.091 at yesterday's close) MONK is clearly a massively undervalued opportunity.
Seize the opportunity today.
Happy Trading, Edmund Kaminski *Gains are calculated based on the difference between company's high of day price and open price, the trading day immediately following the evening trade alert. |
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