Saturday, May 9, 2009

MARKET CONDITIONS AND TECHNICALS ON OVERSOLD STOCKS FAVOR SPRING FLING 2009

* OVERSOLD STOCKS HAVE AND CONTINUE TO PERFORM WELL
* ILLIQUID POSITIVE MICRO CAPS COULD PRODUCE MULTI BAGGER RETURNS
Astoria, New York
Spring Fling 2009, as initially predicted by the real economist at http://www.therealeconomist.blogspot.com/ and later confirmed here by microcapstock.blogspot, is showing some good results. This is happening after a disastrous winter that in a way has wiped out in a way never seen before the values of investors' portfolios. With Obama's plan at work, there has a been sense of relief as many investors have returned to the markets by buying and trading on some cheap financials such as Citigroup (C) and Allied Irish Banks (AIB). Shares of Citigroup have quadrupled since its all time low just under one dollar per share. But the real economist is concerned with higher inflation, fueled by fiscal stimulus, printing of money and incentives to buy. " We have never seen a perfect market economy with true capitalism at work in the right way. The reason is due greed and fear as well as government intervention. Therefore we must rely on some kind of social capitalistic structure that could be ready to act where there is weakness and that is what we are getting from the Obama administration" said the real economist. In the meantime, some microcaps are showing signs of recovery, and some others are ready to explode in coming weeks thanks to a Spring Fling scenario that should last until summer arrives. " I am afraid that we will be oversprung by July and this will cause markets to stablilze and perhaps underperform during the summer months. I will discuss this scenario at a later date" finalized the real economist. In the meantime shares of GVSS have remained below 30 cents, ahead of earnings release and conference call on May 14th. There is speculative rating on the stock with a short term conservative specualtive buy rating and a target price of 45 cents. There will be evaluations on other micro stocks this week and there will be discussions on general reasons for rallies of micro caps. Micro caps are intended for professionals and accredited investors due to various reasons. Please read the full disclosures on this web blogspot.
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