North Bay Resources (PINK:NBRI) stock rally has expired and the selling pressure took the price down by more than 33% at the end of the trading day on Wednesday.

The latest buying wave was created when Northern California Regional Center, LLC agreed to sponsor North Bay’s application to obtain funds through the government run EB-5 Program and use them for the development of gold projects. The company had previously planned to create their own USCIS-designated Regional Center under the EB-5 Program, together with ACG Consulting, LLC. The support from an existing centre eliminated this necessity.[BANNER]

The stock price has turned around as the company is yet to undergo any material changes. NBRI’s current financial situation is unclear. The company does have an agreement with Tangiers Investors, LP, upon which the North Bay can sell up to $5 million worth of stock. Other than that, the company’s financials were critical for the last reported period ending September 30, 2009.

Fluctuations in the share price and increased trading volume revealed the stock is under surveillance by traders, but it is mostly used for short-term plays rather than viewed as a long term opportunity. This is justifiable as the Pink Sheets listed company made little progress with their ventures over the past year. They are currently targeting the acquisition of the Ruby Gold Project, which could hold up to $500 million worth of gold, according to third party estimates.

More:

Go Solar USA, Inc. (PINK:GSLO) stock price is forming yet another uptrend after the company signed distribution and profit sharing agreements with the Chinese company Yosion. Go Solar already filed an application to acquire the Apple Peel 520 trademark.

Following the profit sharing agreement, the company will get 5% of the future net profits of Yosion. To acquire this right, however, Go Solar will have to pay Yosion $5000 per month for the coming half a year.

The company’s CEO claims to have acquired 100 units of the finished product and to have brought them into the USA for evaluation. Through their cooperation with Yosion, the company has also acquired the right to distribute Apple Peel in North America over the next three years.[BANNER]

Yesterday’s strong buying pressure and a decisive break through the 50-day MA provides backbone for further appreciation. The price had hit as high as $1.10 per share in September, and this level could be duplicated as the company gets closer to recording their first income. However, it’s still too early to consider the stock as a long term investment due to the troublesome financial situation of Go Solar.

The company officially develops the Apple Peel 520 product, which should turn an iPod Touch into a fully capable mobile phone at a cost as low as $60. Go Solar also runs a couple of subsidiary companies. One of them should be developing autonomic chargers for iPhone, which would use the energy of Wireless Local Area Networks. Further, the company aims at creating solar stand-alone air heating systems.

Visit link:

Yesterday, Hudson Resources Inc. (CVE:HUD), (PINK:HUDRF ) stock formed a gap on its price chart, as if it aims at the second for this year huge rush.

HUD shares entered the market yesterday by overcoming the psychological limit of $1 per share. Between the sessions, HUD surged 23.16% up, closing at $1.17.

The volume traded also confirmed the strong prevail of the buyers. During the trading session, the share turnover was more than six and a half times the average volume for the company.

The strong upward direction was confirmed simultaneously on the OTCQX, the prestigious tier of the American OTC markets.

Just introduced on the OTC market, HUDRF stock soared 19.70% on a volume of more than 423 thousand shares changing hands.

A few factors influenced the brilliant performance of Hudson Resources Inc. shares.

Last Wednesday, the company’s shares were traded on the American OTC market for the first time. Common strategic interests in the rare metals of America and Canada will definitely increase the demand for Hudson Resources Inc. shares not only now, but maybe in a long term perspective.

At the end of the last month, the company released an update on its Sarfartoq Rare Earth Element (REE) project in Greenland. The completion of the second phase of the company’s drilling program was reported, and also that 20 samples suggest that the rare earths are present.[BANNER]

In addition, as stated in the announcement, Hudson Resources Inc. is “well-financed with current working capital of approximately $3.5 million and sufficient funds to cover all exploration and G&A obligations into 2011.”

It looks like from the prospective of measuring the outcomes, the latest developments of the company are strong enough to result in a second huge shares stir. After the changed yesterday trading range above $1, now it is up to investors to decide whether the 52-week high hunted by HUD stock at the beginning of this year will remain only a target, or will get overwhelmed.

Read the original post:

Stock alerts, playing the role of the Wheel of Fortune, made a sensational, worthy of a star, performance for CMSI shares. The forthcoming dilution was not invited in the play to present facts to investors.

CMSI stock, traded under $1 exploded at $0.289. For the first time in the history of CMSI, 1.5 million shares changed hands. All this sensational development was resulted mostly by CMSI stock alerts, imbued with the expectations for fortune.

On Monday, in its 8 k filing, CMSI announced two important fro the company developments.

The first one, was related to the acquisition of 800 COMMERCE INC. It is expected the company to be a 100% wholly owned subsidiary of Cannabis Medical Solutions, Inc.

The second one, was the issue that will touch investors interest in the future. CMSI changed its authorized amount of common shares from 250,000,000 to 500,000,000 shares of common stock authorized.

Before the yesterday’s sensation, these two important for the company events, resulted 6.7% price decline on the following day.

The CMSI press release from yesterday about the willingness of the company to pay dividends was not able to “produce” the stock explosion miracle. The reason for this is the fact, that more of investors, usually, prefer to receive cash dividend. CMSI’s decision is opposite to the above. The dividend for investors will be additional nine shares of common stock for each share they own of the record date set for May 14, 2010.[BANNER]

Usually, after such dividends payment, the stock price jumps in a short term. After that, the stock supply prevails and results price decline.

This solution is also good, but if you check CMSI financials, you will find out that the company:

• has a tradition to pay for services with shares,
• at the beginning of last year, there were 872,678 shares of common stock outstanding held by 350 shareholders,
• at the beginning of this year, there were 20,907,678 shares, held by 350 shareholders.

Now, the company authorizes twice the previous authorized capital. This means- more capital outstanding, funds raising on shares/warrants sell, not on operations. All this, as the practice shows, provides in a long term to the capital dilution.

View post:

I added TNXI to my Buy and Hold list on an impressive earnings report on Monday. I put a short term $.25 target on the stock with a longer term $1 price. That was when this stock was at $.083

Read more:
TNXI – A Guru Buy and Hold – Explanation Part I

After yesterday’s blowout earnings report, TNXI is deserved of the Guru Buy and Hold label. I will have more about this one in the days and weeks ahead. My first short term target is $.25, with a long term target of $1.00.

See the original post here:
TNXI – Added To The Guru’s Buy and Hold List

Cobalis Corp. (OTC:CLSC), headquartered in Irvine, California, is developing products for the reduction, management and prevention of allergic diseases. PreHistin is Cobalis’s premier anti-allergy product.
It is good that the company has started an advertising campaign to inform its customers and investors about its products, but there is something wrong with CLSC’s stock.[BANNER]

All attempts to find out more information about the financial status and market position of the company failed. The last published financial report of CLSC is for the quarterly period ended December 31, 2007, about which it’s nonsensical to make any comments.

The only information that could be obtained about the company are the regular press releases, which content is related to the promotion of the “revolutionary” CLSC product. Maybe the company has “pumping shares disease” that soon even the best anti-allergy product will not be able to prevent from becoming a long term failure.

It is not surprising that the company gives as a compensation 4 040 000 free trading shares to 18 companies to promote their stock. Further more, most of those companies are offering services like blogs, Chat Rooms, E-mail, investor communications, investor network media. After getting the free trading shares these guys will likely dump them all while the price is still hot. Beware of upcoming stock flood!

More here:

Cobalis Corp. (OTC:CLSC), headquartered in Irvine, California, is developing products for the reduction, management and prevention of allergic diseases. PreHistin is Cobalis’s premier anti-allergy product.
It is good that the company has started an advertising campaign to inform its customers and investors about its products, but there is something wrong with CLSC’s stock.[BANNER]

All attempts to find out more information about the financial status and market position of the company failed. The last published financial report of CLSC is for the quarterly period ended December 31, 2007, about which it’s nonsensical to make any comments.

The only information that could be obtained about the company are the regular press releases, which content is related to the promotion of the “revolutionary” CLSC product. Maybe the company has “pumping shares disease” that soon even the best anti-allergy product will not be able to prevent from becoming a long term failure.

It is not surprising that the company gives as a compensation 4 040 000 free trading shares to 18 companies to promote their stock. Further more, most of those companies are offering services like blogs, Chat Rooms, E-mail, investor communications, investor network media. After getting the free trading shares these guys will likely dump them all while the price is still hot. Beware of upcoming stock flood!

See the article here: