Penny Stock Exposure » christmas

Seafield Resources Ltd. (CVE:SFF), (PINK:SRLTF) Started to Sink Again

StockFrontRunners — Tue, 15 Feb 2011 13:36:12 +0000

Last Friday, the stock of Seafield Resources Ltd. (CVE:SFF), (PINK:SRLTF) went sharply down on two markets. Probably, many people were disappointed with the information contained in the company announcement from the same day. This might be, possibly, the reason for the shares’ plunge.

In a day prevailed by the sellers, the stock lost over 19% on the TSX Venture Exchange (CVE) and almost 25% on the American OTC market. On the CVE, the fall was additionally confirmed by the heavy trading volume of 10.84M shares. This exceeds six times the average turnover for the company.

Last Friday, Seafield published the assay results from the last nine holes of the recent drilling program on the Miraflores property at its Columbian Quinchia gold project. Maybe, investors were dissatisfied with the announced golden grades and, consequently, the price of the shares dropped.

After the gains in early December that led the stock to a year-high of $0.77, SFF is on the fall again. It has lost 45% over the last two months. Company’s fundamentals additionally increase the negative sentiment around Seafield Resources. The company has no revenues, and declared a net-loss of 1.39M for the first nine months of 2010. Until Sep. 30, 2010, Seafiled had spent more than $2M only for exploration activities on its mineral properties.

However, the company has no reasons to panic as there are also several positive factors that could reverse favourably the move of the shares. Seafield took some measures to solve its liquidity problems. Just before Christmas it completed a $15M private placement. Besides, at Sep. 30, 2010 the company had working capital of $3.11M, or 33% more than at December 31, 2009.

In light of all mentioned, it is hard to predict the future performance of the stock on the market. It is worth noting that Seafield owns thousands of hectares in Columbia – a country, where the mining industry is rapidly expanding and has a great potential, as some online reports also prove.

Simba Energy Inc. (CVE:SMB), (PINK:SMBZF) Stock Is Up in Price and Volume

StockFrontRunners — Tue, 01 Feb 2011 14:15:43 +0000

For several sessions, the stock of Simba Energy Inc. (CVE:SMB), (PINK:SMBZF) has been slowly but firmly climbing up on the Canadian Venture Exchange (CVE). The shares advance in both price and volume, and yesterday the progress was even more noticeable than before. On no new announcements, SMB moved 11.4% up, noting a new high of $0.225 during the day. This was also a 2-year price record.

Further encouraging is that the rise came on a large turnover of more than 3.7M shares changing hands. In fact, the stock has been heavily traded over the last month, as the graphics show. Since then, SMB is constantly going north on the charts, adding value and gaining new territories. The figures speak for themselves – since Christmas the shares have gone up by almost 144%, quite a remarkable achievement.

To many people it is even more amazing, maybe, that the present surge comes on no major company developments. The latest information issued by Simba was from a week ago and informed about the closing of a $3.385M private placement. The raised capital will be used for the payment of government fees and preliminary ground work expenses in Mali, as well as for the pursuit of Production Sharing Agreements in Ghana and Mali.

These funds are more than welcomed by Simba Energy, as the latest filed financial statements reveal. Here is what the reports for the third quarter of 2010 show:

At the end of last September the company had only $132.4 in cash on hand

As at Sep. 30, 2010, the company had a working capital deficiency of $569.5M

Simba incurred a net loss of $277K during the Q3 of 2010.

The financials do not provide a solid ground to expect a significant rise in the shares’ price in the near future. However, the stock markets are to a great extent unpredictable and can always surprise you in one way or another. Besides, the speculative motive is no doubt a significant factor too. Probably the current surge of Simba’s shares is also driven by such a speculative interest in the company.

Simba Energy Inc. (CVE:SMB), (PINK:SMBZF) Stock Is Up in Price and Volume

StockFrontRunners — Tue, 01 Feb 2011 14:15:43 +0000

These funds are more than welcomed by Simba Energy, as the latest filed financial statements reveal. Here is what the reports for the third quarter of 2010 show:

At the end of last September the company had only $132.4 in cash on hand

As at Sep. 30, 2010, the company had a working capital deficiency of $569.5M

Simba incurred a net loss of $277K during the Q3 of 2010.

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Great Western Minerals Group Ltd. (CVE:GWG), (PINK:GWMGF) Stock Began to Depreciate on Rising Volumes

StockFrontRunners — Fri, 07 Jan 2011 14:24:38 +0000

Over the last two sessions, the shares of Great Western Minerals Group Ltd. (CVE:GWG), (PINK:GWMGF) began to lose value progressively. On the TSX Venture Exchange (CVE), GWG is depreciating at an increased pace and what is even worse, on rising volumes.

Somewhat consolatory is that the plunge comes after the stock had jumped up to a new trading range at the end of last year. This Tuesday, GWG managed to produce a 5-year high at $0.70 per share. Definitely, it was the peak in

If KAT Exploration, Inc. (PINK:KATX) Stock Drilled Deep Enough?

StockFrontRunners — Mon, 27 Dec 2010 13:40:48 +0000

On Thursday, KAT Exploration, Inc. (PINK:KATX) stock was awarded by investors with a special Christmas present, a record for the year trading volume and a 49.09% return back of the share price between the sessions.

That special investor attention towards KATX was a clear signal that the shares are actually among the favorites this year, providing speculative gains and maybe still granting investors the possibility to bank more profits before the end of the year.

Actually, some investors counting on yearly basis their profits from KATX maybe realized that as of last week the share price increase pointed zero, as the stock is priced just like at the beginning of the year. Still, there is room for optimism for those investors that are at the zero point and incurred no losses, as opposed to those that hold KATX since this spring. Not to mention is the scale of the losses of those that became KATX stockholders in the “golden ages” of the stock in the middle of last year.

Looking at the shares’ performance this year, looks like the share turnover was mostly made by investor with not so long-term positions as the above mentioned. In regard of that, today even some stock marketing newsletters knowing already investors’ favorite picks “announced” the signal given by KATX that the time for a

Chart of the Day – ZVTK

StockFrontRunners — Tue, 14 Dec 2010 09:41:38 +0000

Yes I have ZVTK as the chart of the day, even I am amazed.

Meet Cara Goldenberg: From analyst to hedge fund founder at rapid pace

StockFrontRunners — Mon, 29 Nov 2010 10:32:02 +0000

Well we know Cara Goldenberg is more than just a pretty face; she’s one savvy businesswoman. Back in February, we were introduced to the 29-year-old hedge fund founder after news circulated that she’d sent Warren Buffett a note over Christmas (because she knew that he liked to spend the holiday weekend looking over investment advice) with

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Meet Cara Goldenberg: From analyst to hedge fund founder at rapid pace

Meet Cara Goldenberg: From analyst to hedge fund founder at rapid pace

StockFrontRunners — Mon, 29 Nov 2010 10:32:02 +0000

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Meet Cara Goldenberg: From analyst to hedge fund founder at rapid pace

Left Behind Games, Inc. (OTC:LFBG) Shows Endurable Celebration Mood

StockFrontRunners — Tue, 12 Oct 2010 15:01:30 +0000

As Christmas time nears, the publisher of Christian video games Left Behind Games, Inc. (OTC:LFBG) did not miss the chance to remind how well their games are selling particularly in that time of the year. Last week brought two new press releases from the company, and the stock kept jumping up.

An announcement from Friday afternoon reminded that one of LFBG branded real-time games has been among the 10% top selling PC games during last year’s “Christmas Holiday selling season”. A day before that, the company announced the receipt of additional orders from some leading Christian store chains. Being already in a celebration mood due to the previous revenue-related PRs, LFBG stock accumulated even more traders’ optimism yesterday.

The share price jumped 37.93% up to a close at $0.004 and the volume was over three times the average. LFBG has received unusual trading activity over the last three months, for which the combined effects of the press releases and the numerous trading alerts have substantially contributed. Technical indicators may attracts more buyers, but the fundamental support is still missing.

Last year, the company actually reported boosted sales for the last quarter of the year, but they were still by far insufficient to cover the expenses and lead to a profit. Moreover, the market’s sentiment obviously does not take into account that at the end of this June LFBG had five times more current debts that total assets and was in a dire need of cash.

Hopefully, the big gains will not go only to the shorters, who have been quite active in trading LFBG stock since the begin of its rise. The portion of the shorted volume since the beginning of the month has rarely been below 35%, and has reached 47% last week.

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