*** Tasty Update ***

Categorized | Stock Newsletters

* Tasty Update *

Posted on 08 March 2010 by admin

Hello everybody. Hope everyone is well. I've got some pretty good news but first let's get right to the results of today's trading.

On the downside, one of last week's picks, SATM, closed the day down 4%. Not a crash, but still...in the red : (

On the bright side, another one of last week's picks, CIST, closed up about 2.5%. Not a big move, but still...in the green : )

The most recent alert, SXLP, closed the day up almost 6%. Not the huge move I was hoping for but I am still quite pumped on this one.

Why? Well volume today appeared to be the highest number of shares traded EVER on SXLP in a single day. The volume was brought on by multiple news items, as well as probably my coverage. SXLP is pouring out news like Moe pours out Duff beers. They released the positive report from Cohen Friday after-market, they also released some NEW news this morning regarding SXLP's further expansion.

http://finance.yahoo.com/news/Signature-Exploration-and-prnews-3446273375.html?x=0&.v=1

So newsletter coverage and not one, but TWO news items really propelled us into huge volume today.

On top of that, SXLP released yet ANOTHER news item after-market today.

http://finance.yahoo.com/news/Signature-Exploration-and-iw-1035551380.html?x=0&.v=1

The news has to do with SXLP potentially tapping into some gas reserves estimated to be worth 225 million bucks.

Not to keep going on and on about SXLP, but there is actually a lot more good news. Two of the biggest and most powerful newsletters just alerted their members to SXLP after market today! Tomorrow's volume will likely be even bigger than today's, and hopefully we'll see a huge price gain. On top of that, SXLP's recent resistance point was at $1.15. We broke through that today! We got as high as $1.17 on SXLP today. Obviously, we didn't keep that gain...because we closed at $1.10, but nevertheless...we broke through the resistance. So with after-market news, two huge newsletters covering SXLP for the first time tonight, and a broken resistance point...things look good for SXLP.

I really hope you guys got into SXLP today, because we should be in for quite a ride with this one. I am not psychic, so still trade with caution, do your own research, consult w/ a professional, etc, etc...

Hope we have a fun day tomorrow,

Trader

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