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Tuesday, June 30, 2009

MXAM Maxam Gold Solution For EPA's Hazardous Fly Ash?

Wow, Maxam gold, has anyone heard from them in the last two years? The company has all but fallen of the face of the planet! In 2007 the company attempted a few campaigns to raise awareness for the common stock. However, after the death of their CEO, and my good friend, retired LT Colonel Dale Runyon, the company has fallen asleep.
The company was engaged in the development of process which recovered or extracted precious and hazardous metals from sand and fly ash.

Read Here

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Fly Ash Statistics

Last year, Maxam announced its intent to expand business interests into other areas and become less reliant solely on precious metals for its overall business successes. Further, the announcement named Maxam's "wholistic" approach for treating waste materials to make the environment more safe and utilize by-products of waste material further. During the past year Maxam has analyzed "Fly Ash" deposits from 15 separate coal fired electric generating plants, and has been determined that Maxam's process technology is capable to upgrade Coal Combustion By-Products (CCPS), commonly known as "Fly Ash".

Presently, annual production of CCPS exceeds100-million tons, of which only 25-million tons is marketed in the United States. Fly Ash is used as (1) a pozzolan to partially replace Portland cement in ready mixed concrete and concrete products; (2) an additive to portland cement to produce a portland pozzolan blended cement; (3) an additive in downhole cementing of oil wells; (4) a primary constituent in flowable grout to fill voids under concrete slabs and underground tank voids and the CCPS industry has determined that greater quantities of Fly Ash could be marketed if detrimental elements were removed, or at least reduced.

Preliminary laboratory tests indicate that between 79% and 98% of several metals in commercial quantities are removable through use of the Maxam process technology. Analyses from 13 of the 15 electric generating plants reflected that all 12 of the environmentally detrimental elements were reduced to acceptable levels, leaving the Fly Ash to meet EPA ground water quality standards. Utilization of the Maxam process, from results of these tests, allows processing facilities to provide Fly Ash contract marketers with greater quantities of more marketable product.

Maxam Resource Recovery, LLC

To provide specific concentration on the business of extraction and recovery of several metals in commercial quantities from the Fly Ash produced at coal fired power generating plants, Maxam established Maxam Resource Recovery, LLC, which when practical will establish a separate operating entity at each power generating plant contracted for the benefaction of Fly Ash. It is intended that this decision will result in additional profit margins for power generating plants, contract Fly Ash marketers, and of course Maxam Resource Recovery, LLC.
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Yesterday the EPA released a laundry list of sites containing hazardous amounts of Fly Ash. If we can put Maxam Gold together with these Fly Ash pits and the Government will help fund them. Maxam Gold stands to appreciate several times over. Looking at the Maxam Gold chart we can see that some buying has been coming into the company.

I have no affiliation with the company and do not know the present CEO.
MXAM Network

Friday, April 03, 2009

Penny Stock News On Fridays Good Or Bad?

One of the things I learned as a penny stock trader is that most penny stocks avoid releasing news on a Friday. Is there something about a Friday that makes news less desirable to investors? Not really, but I have noticed there are significantly fewer market participants on Fridays. Especially Fridays which include a holiday, like Easter!
But really, should penny stock companies avoid releasing press on a Friday? The argument which suggests releasing penny stock news on a Friday is that fewer people will see it. Could it be argued that more people will see news released on a Friday? In some cases I think both are true.
If a penny stock releases news on a Friday its true that there are fewer market participants and they will not be able to buy the stock if noticed over the weekend. However, do you really want that sort of buying coming into your penny stock? I would rather have a long term trader enter my company than a short term trader.
Many news streams remain live over a weekend and many times the company which last released news remains on that page for the entire weekend. This could be a great benefit for the company if it released interesting news! OTCBB.com for instance would feature the last story of the week on its main page the entire weekend or at least until five new stories were poster. However, the likeliness of five new OTCBB penny stock stories being posted would be pretty low considering the stigma around releasing news on Friday and over the weekend.
So, would it be a good idea for a penny stock company to release news late on Friday, I think so! In many cases their story will be featured the entire weekend on many penny stock web sites including OTCBB.com.

Thursday, April 02, 2009

10 Hot Tips For New Penny Stock Traders

Are you new to trading penny stocks? Not to worry; after you read the following recommendations you'll have a huge foundation to build on!

Get A Quality Brokerage

It's important to locate a quality discount brokerage house with low commissions for your penny stock trading especially if you trade smaller blocks of stock, commissions can be costly. I use and recommend Sogotrade - only 3 dollars a trade.

Throw Away The High Expectations

Don't have high expectations - you're a beginner so don't expect huge % gains to come quickly and right off the bat. If you have high expectations when you start down here in pennystock land you're just affecting yourself and you're trading negatively. With high expectations comes pressure to perform, and as a penny stock trader you don't need to deal with unneeded pressure.

Start Small

You should start trading with small positions. As a newbie, don't put all your eggs into one basket. Spread you money around in different stocks so you're cutting your risk especially in your beginning stages. As you grow more comfortable trading penny stocks you can increase position size in a specific stock to the point where you're trading two, three, maybe even one stock (I wouldn't recommend this) with your whole account.

Do Your Own Homework

Don't buy a penny stock just because it's was posted on a message board or in a chat room. Do your own research and due diligence - I promise you'll trade better because you're comfortable with your own decisions plus it's more gratifying to profit from a stock that you uncovered and researched yourself.

Get a Mentor

Find a mentor or educator and follow his site. I remember when I first started I was always just trying to find inspiration and to know that I can succeed and profit from trading penny stocks. So it's very important and I'm sure you think the same, to find a website/mentor that can give you inspiration and education.

Don't Be Greedy

This tip builds off tip #2 - don't be greedy! I can't tell you how bad traders mess up when they just want more and more. What usually happens is that end up earning less profit or watch a profit turn to a loss.

Don't Get Over Confident

Don't get over confident, if you've made a great winning trade congratulate yourself (cause you deserve it) and move on to the next stock. Don't feel like you're invincible, because well, you aren't. You're just as much likely to loose all you gained in that winning trade in your next trade if you trade with a cocky attitude. Trade intelligently!

Trade Instead Of Invest

So you are thinking you want to invest in a penny stock at $.01 and sell when it goes to $1.00? It's rarely the case that a penny stock can make you a lot of money if you invest with it long term. Very few of these penny stocks are actually legit companies therefore most will never go up in the long-term. What most penny stock traders do is trade the hottest, volatile, volume-heavy penny stocks each day holding them for the short-term.

Short Selling

You can make money when penny stocks go down, too! It's called short selling and while it's not exactly for a newbie, if you're up for it you should definitely try it out. If you think a penny stock is going to go down, you short it, and make money when it goes down. It's that simple. Get my FREE ebook at pennystocker.com to learn how to do it.

Stay Tuned

Keep up to date with my site for daily hot penny stocks to watch & make sure to follow every tip to insure your success in penny stock trading.

Thursday, March 05, 2009

Social Health Care Obama 2.0

The Obama Administration continues to pursue the idea of socialized health care. We have seen the effects of such programs in communist countries. Social health care Obama 2.0 is a poor idea in America. We have seen what happened to banking when when liberal social programs were introduced. Our entire banking system is on or in the process of collapse.

Health care workers are already stretched thin. To ask then to do more for less would be a careless move. In the news I have noticed the Obama Social 2.0 pitch. They are testing the waters for their social moves. I am responding to those tests, we don't need or want it!

An Obama social 2.0 health care system would require those who pay for health care to wait in line with those who do not. By opening the doors to every procedure for everyone regardless of payment Obama will over-run the health care system. Essentially, no-one will receive quality health care. Additionally, over worked health care workers will seek employment in fields that are yet to be taken by the Obama social 2.0 program.

If Obama social 2.0 health care is successful, I propose a private health care system be created in areas outside the reach of social 2.0. One in which individuals can continue to pay their premiums and have access to quality health care in, which they do not have to stand in line with non payers.

Again,

I must apologies for not updating you all about hot penny stocks. I have been entirely engulfed in the political BS overtaking the air waves. Additionally, the market has been pretty poor as of late. I will adjust my focus back to penny stocks shortly.

Tuesday, March 03, 2009

TALF Scam Launched

The TALF (Term Asset-Backed Securities Loan Facility) is targeted at unlocking the Asset Backed Securities market. The program intends to offer favorable loans to buyers of ABS in hopes of unlocking the credit market. The Federal Reserve believes TALF will clear the way for as much as 1 trillion in new lending.

What Obama and the Federal reserve are not taking into consideration. They are not considering the variables which allowed lending to inflate during the 90's and 2000. Bad burrowers were getting loans to purchase bad properties. Now the bad properties are worthless, literally worthless. Lenders were issuing loans for properties which should have been torn down. Today the assets lenders have on the books are worthless than their tear down costs.
Why, because the homes in the Midwest were not properly winterized and have sustained extensive water damage. These losses have not yet been recorded on banks books. This failure to account for entire losses is intentional and should be considered a fraud to investors.

This crisis is far from over, the aftershocks will have a long lasting effect on the burrowing and lending system. Ignorance is not an excuse, Ben, banks and the Federal reserve are fully aware of these losses. They are just ignoring them in hopes that the market will forgive their intentional error.

Sunday, March 01, 2009

AIG Announces The New Deal/Steal/Theft/Fraud?

AIG a defunct insurance provider has become one of the most heavily traded penny stocks in history. Over the weekend AIG informed the Federal government of a new plan to steal funds from Americans. Under the new deal additional funds will be made available to the floundering insurer. Funds previously given to AIG will have some kind of forgiveness and required interest rates will be reworked, certainly a losing proposition for Americans.
With the roughly $200 billion wasted defrauding Americans through AIG hundreds of new colleges could have been built. Delaying the inevitable loss of a failed business practice will not turn America from the recession it is currently in. Investing in higher education will not turn us out of our current depression. NOTHING will turn us out of the current depression. However, significant investment in HIGHER education will help prevent similar events from occurring in the future.
Please stop the waste, fraud, and abuse being committed against Americans through the governments failed bailout attempts. Government does not know what it is doing. Government does not care about what it is doing. Government has no business doing what it is doing. Americans will make the best decisions when it comes to spending and saving, not the federal government.
AIG is a lost cause, it never should have been given a dime. AIG was only saved to prevent the elite from losing everything they had. The special case ELITE have had plenty of time to dump their remaining investments in AIG. Now only foolish Americans attempting to make it big in the stock market will lose. Regardless, it is time to let this penny stock pig fail. Please do not foolishly throw any more good money after bad!

Thursday, February 26, 2009

Citigroup Announces The New Deal

It appears the Government is willing to further waste American tax dollars. In a scheme hatched to eliminate any real claim Americans have in Citigroup, federal regulators have expressed a willingness to convert already owned preferred shares in Citigroup to common stock.

The real problem with converting to common stock is that it will become worthless when Citigroup goes through bankruptcy. Who benefits when we convert preferred stock to common stock? Preferred stock has benefits beyond voting and or dividends. Many times preferred share holders are first on the list when dividends are distributed and they are not diluted when additional common shares are disbursed.

I do not know all the structure details for Citigroup preferred shares. The point here is that preferred shares are worth far more than common shares in this economy. Anyone who would agree to a conversion at this point would have to be a complete idiot or a criminal claiming to act in the best interest of the American public. Unless Americans are guaranteed greater than 51% collective stake in Citigroup we should keep our current preferred or sell our preferred position to another entity.

LISTEN!

Under no circumstances should our current preferred stake in Citigroup be converted to common stock! It would be an act of waste fraud and abuse to do so!