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By admin on February 25th, 2010
By PaulP on March 10th, 2010
BRYN & NLST – We can never get enough of a good thing.
Good morning xtremepicks.com members.
The futures are indicating a positive open for the markets today.
Gold is trading at $1128.00/oz. up nearly $6.00/oz
Our #1 gold play BRYN is looking to extend its rally yet again today.
As the 2010 PDAC convention wraps up it will soon be back to business for everyone in the industry, especially BRYN and Trueclaim.
Trueclaim has two properties in the works right now and we think they are going to be a perfect match for BRYN and their Montauban Property in Quebec.
The Scaddin property property consists of seven contiguous mining leases containing a total of 56 mining claims. It reportedly produced approximately 914 kg of gold from 127,000 tonnes (t) of ore grading 7.2 g/t Au (grams per tonne gold) (or 29,400 ounces of gold from 139,742 short tons of ore grading 0.21 ounces/ton) during the period from 1984 to 1990.
The sandeb property is Adjacent northeast of the Dixie Lake North Area property where Grandview Gold Inc. is getting good drill results on its 88-4 Zone. The Grandview property contains a known resource of approximately 415,000 tons grading 4.5g/tonne.
When you pair these with BRYN’s Montauban Property we believe this is a winning combination.
The initial investigations undertaken in Quebec have revealed measured and indicated resources including 398,033 tonnes at a grade of 3.02 g/t Au and 27.72 g/t Ag for a total of 38,832 ounces of gold and 356,886 ounces of silver.
The huge breakout spike seen at the end of February is a very bullish pattern. BRYN had formed a bullish wedge and was itching to breakout. On Feb 26 on the heels of its P.R, volume exploded pushing BRYN up and posting close to a 100% gain in one day.
This ladies and gentlemen is the first of many super spikes to come.
NSTL has been better than good to us. Our very first alert went out when NLST was trading under $1.00 – $0.90 to be exact.
On its first thrust NLST ran from $0.90 to well over $7.00 a share providing our members with gains in excess of 700%.
Recently we’ve been all over NLST because the fundamental and technical picture is lining up to send NLST on another massive run.
Members who have followed our most recent alert are sitting on gains of close to 50% and this is just the tip of the iceberg.
With all the hype surrounding this pick we see much higher prices from here.
Stay tuned to Xtremepicks.com your stock trading connection!
By PaulP on March 09th, 2010
BRYN & NLST – The rumors are swirling – Big news is in the pipe for both.
Good evening xtremepicks.com members.
The markets ended the session on a high note.
Gold settled at $1122.00/oz.
BRYN had a good day today closing at $0.28 up nearly 2% on just under 400K shares.
The Prospectors & Developers Association of Canada (PDAC) 2010 Convention is in full swing in Toronto and BRYN has been working the floor all day long.
We received an email just after the market closed from management with news that this years convention is jam packed with a whose who of industry heavyweights as well as countless juniors and industry support outfits.
There is no doubt that BRYN will be making some new contacts and will in turn, grow these relationships to the benefit of it’s shareholders.
It is a given that when it comes to the juniors, news drives prices. BRYN was trading in the low teens not to long ago and it appeared some investors may have given up on the company (not a very wise decision), them BAM the wires start buzzing again and BRYN is up over 150% in a few short weeks.
This is only the beginning of a multy legged rally, as the PDAC convention wraps up we’ll be speaking with management after they’ve had time to digest all the action and we’re expecting some xtremely exciting news to come of it and further price appreciation as a result.
Technically BRYN is in great shape. The MACD is in rally mode, the 50 Day Moving Average is in the rear view mirror and we are chewing through minor resistance daily.
This junior has some big plans which will translate into big profits for all those long this stock.
NLST was on fire today closing at $4.68 up almost 12% on 8.7M shares.
Industry giant Cisco Systems – CSCO was out with news today announcing a new router that will “leapfrog it rivals”
The news was great for CSCO and anyone that uses the internet, but the news was especially exciting for NLST
The rumor mill is in full swing and there is speculation that NLST will be providing CSCO with some of the components needed in the new router. Adding to the mix is the rumor that the door may be open for some of CSCO’s major competitors like Juniper Networks – JNPR to take NLST’s products for a little test drive. Only time will tell.
All in all the future is looking very bright for NLST.
Stay tuned to Xtremepicks.com your stock trading connection!
By PaulP on March 09th, 2010
BRYN & NLST – They’re going to Explode like Champagne on New Years Eve.
Good afternoon xtremepicks.com members.
The markets are higher as we hit afternoon trade.
Gold last traded at $1120.00/oz.
At midday BRYN is looking GREAT, hitting a high of $0.305, the upward momentum is unstoppable.
Earlier this morning we brought our members up to speed on the mechanics of short selling.
The situation, as it pertains to BRYN is even more intriguing because the short sellers have a “naked position”
According to Investopedia
Naked Shorting
What Does Naked Shorting Mean?
The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
While no exact system of measurement exists, most point to the level of trades that fail to deliver from the seller to the buyer within the mandatory three-day stock settlement period as evidence of naked shorting. Naked shorts may represent a major portion of these failed trades.
Investopedia explains Naked Shorting
Naked shorting is illegal because it allows manipulators a chance to force stock prices down without regard for normal stock supply/demand patterns.
In 2007, the Securities and Exchange Commission (SEC) amended Regulation SHO to further limit possibilities for naked shorting by removing loopholes that existed for some broker/dealers. Regulation SHO requires lists to be published that track stocks with unusually high trends in “fail to deliver” shares.
When traders short a stock without first borrowing the shares to sell they play a very dangerous game. This especially holds true when we consider the float on BRYN is very small.
These naked shorts are subject to a forced buy – in should their accounts go off side and the margin clerks executing the buy orders will continue to place market orders until the account is onside.
To sum it all up, think of it like a bottle of Champagne being shaken as the clock counts down on New Years Eve.
As soon as the cork goes POP – we are going to see bids gushing into the market for BRYN !!!
Steady as she goes, $0.50 here we come.
NLST is catching a bid this Tuesday afternoon. Last at $4.83 up over 14% on 6 times the average daily volume.
The news flow on NLST has been very encouraging. Coverage of the company has recently been initiated by Liberty Analytics.
There is speculation that NLST’s technology is featured in Cisco Systems’ (CSCO) new router system, which it promises will usher in the next generation of the Internet.
If true, this will be a huge step forward for NLST as CSCO is the best in breed market leader when it comes to designing, manufacturing and selling Internet Protocol based networking and other products related to the communications and information technology industry.
A chart like this is just too good to pass up, join us and NLST as we rise to new highs.
Stay tuned to Xtremepicks.com your stock trading connection!
By PaulP on March 09th, 2010
BRYN and WAMUQ – Two plays with serious momentum to launch them much higher.
Good morning xtremepicks.com members.
The futures are indicating a lower open for the markets.
Gold is also lower this morning.
BRYN has been heavily shorted and with each uptick in price the shorts get more nervous as they dig themselves deeper and deeper in the hole.
We would like to put this into perspective for our newer or less experienced members as well as the seasoned veterans out there just so it is clear in everyone’s mind that the potential for BRYN to explode higher is huge.
According to Investopedia
Short Selling
What Does Short Selling Mean?
The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short.
The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short.
Investopedia explains Short Selling
Selling short is the opposite of going long. That is, short sellers make money if the stock goes down in price.
Selling short is the opposite of going long. That is, short sellers make money if the stock goes down in price.
This is an advanced trading strategy with many unique risks and pitfalls. Novice investors are advised to avoid short sales.
It is basically a bet against the company and the short seller will profit if the price goes lower. The biggest risk short sellers face is that theoretically the price will continue to rise, creating unlimited risk and substantial losses once they decide to “cover” or buy back the shares they’ve shorted.
BRYN has been trending upwards since our alert and is showing no signs of slowing down, these short sellers are definitely in trouble and are already showing signs that they are throwing in the towel.
Stay tuned for our next newsletter as we delve into “naked short selling” and why BRYN is the buy of the century.
In the mean time, trust us when we say that the price of BRYN will be well over the recent high of $0.30 very soon.
WAMUQ closed Monday at $0.549 up almost 42% on 66.8M shares.
This is the highest WAMUQ has been since the financial crisis hit and the shear fact it shows up on the 52 week high list is going to get alot more eyeballs on this play.
A very common and profitable strategy is to scan for stocks hitting their 52 week high and go long on the premise that the stock has cleared ALL overhead resistance and the momentum will carry the price higher and higher.
Legendary trader Martin “Buzzy” Schwartz made boat loads of money deploying this exact strategy.
WAMUQ is in a perfect position for us to follow “Buzzies” lead and bid it higher from here.
Stay tuned to Xtremepicks.com your stock trading connection!
By PaulP on March 09th, 2010
BRYN and WAMUQ – With Monday in the books we can’t wait till they ring the bell on Tuesday
Good evening xtremepicks.com members.
The markets closed slightly lower on the session.
Gold followed suit.
BRYN is in the sweet spot right here, we opened strong taking out overhead resistance and closed right on the line.
The recent P.R announcing that BRYN has entered into a Professional Services Agreement with Trueclaim Resources Inc is still making the rounds amongst traders
We’ve had a few inquiries from members asking us if we knew when the definitive exploration program is expected to be finalized.
While your guess is as good as ours, based on the discussions we’ve had with management we have a strong suspicion it will be sooner rather than later.
The company has committed countless hours and considerable expenses to get us to the home stretch.
Once the exploration program gets underway the expertise that Trueclaim brings to the table will surely provide BRYN with the results we all are expecting from the Montauban Property in Quebec. This will in turn kick off another mad rush to buy shares sending our positions to the moon.
Slow and steady wins the race and this price action is just what we like to see, buyers methodically setting their bids, stepping in anytime the price slips just a tad.
The shorts are still out there, they know the clock is ticking. They are going to get squeezed like a fresh orange with Sunday morning breakfast. Make sure your long before the pressure really starts.
WAMUQ up another 41% today making our members serious casholaaaa.
We’ll let Thestreet.com break it down for you.
“NEW YORK (TheStreet) — Washington Mutual (WAMUQ.PK) shares surged past the 50 cent-mark on Monday for the first time since the failed thrift was seized by regulators in late September 2008.The optimism stems from a likely resolution this week of legal disputes between WaMu and JPMorgan Chase (JPM), says Kevin Starke, an analyst with CRT Capital Group.
The roughly 16-cent rally to finish at 55 cents represented a 42% rise in the stock, which rose for a third straight session. Volume of nearly 67 million was just shy of quadruple the issue’s trailing three-month daily average of 17 million.
JPMorgan assumed most of WaMu’s assets the day it was shuttered, marking the largest bank failure in U.S. history. Since then, attorneys for WaMu’s holding company have been battling in court with JPMorgan over billions in disputed assets.”
Every time we look at this chart one word comes to mind – WOW . OK two words – WOW & PROFITS.
We continue to deliver the goods for you, our loyal members. We’re working on a few new plays so make sure you tell everyone you know to subscribe to our newsletter so they won’t miss a beat.
By PaulP on March 08th, 2010
BRYN and WAMUQ – Collectively we’re sitting on gains of 40% and it’s only Monday afternoon.
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By PaulP on March 08th, 2010
BRYN – The news out this morning is sure to move the market.
Good morning members
The futures are indicating another positive open for the markets.
Gold, again is showing strength as traders get positioned for the week ahead
BRYN, our #1 gold play has done very well for our members, up over 130% since our latest alert.
We knew that a P.R was around the corner and early this morning we learned that:
Bryn Resources Inc. Enters Into a Professional Services Agreement with Trueclaim Resources Inc.
“TORONTO, March 8 /PRNewswire-FirstCall/ – Bryn Resources Inc (PINKSHEETS:BRYN.pk – News) (PINKSHEETS:BRYN.PK.pk – News) is pleased to announce that it has entered into a Professional Services Agreement with Trueclaim Resources Inc. Trueclaim is a publicly traded TSX company which carries on business as a mineral exploration and mining company (http://www.Trueclaim.ca)
Bryn Resources had entered into a confidentiality agreement with Trueclaim previously and has now sought to solidify its relationship with Trueclaim in anticipation of Trueclaim being retained to perform services for Bryn Resources on its holdings in Quebec and specifically on the Montauban Property in Quebec. Once a definitive exploration program is finalized in furtherance of the agreement Bryn Resources will announce the timing and activity that will be carried out this year on the Montauban Property.”
Strap on your seat belts ladies and gentlemen, this is only the first of what will prove to be many market moving announcements from BRYN, especially with the 2010 PDAC convention in Toronto this week.
The last time BRYN got going, the momentum carried the stock to over a 1300% gain in a very short time frame.
BRYN has build a solid support zone and has digested those gains. BRYN is now gearing up for another MONSTER rally.
Mondays opening bell will ring very shortly, and we are expecting the bids to start coming in hard and heavy.
It’s not too late to pick up a piece of the action, we have upside targets well over $1.00 a share, so even with today’s expected strong open there is still plenty of room to run and profits to make.
Stay tuned to xtremepicks.com your stock trading connection.
