Penny Stocks

Trouble With Magellan Energy

Magellan Energy New (MGLG.PK) looks like neck deep in trouble. There seems to be no escape from the continuing problems faced by the corporation. Company is traded in OTC under the symbol MGLG.PK.

Almost a year before company released information on its Lankford Lease. The Lankford Lease, comprising of 11 producing wells, is located on the Chattanooga Shale. A recent report on the Chattanooga shale reserve potential confirms the Company’s own due diligence and its subsequent participation in the project with its partner, TMD Energy.

On September 3, 2009, company informs that a high BTU situation don’t allow for continuous natural gas production. In late 2008, the federal government, through the agency FERC, mandated that any gas with a BTU count higher than 1100 was unsafe and should not be transported in interstate pipelines or sold to consumers. Gas originating from oil wells usually has a high BTU count, and this is especially true in the Burville area where the Anderson and Martin wells are located. As a result, Magellan, as well as many other area producers, had their wells shut in by Citizens Gas for a protracted period of time. Following this announcement, the share price dropped to all time low of $0.0001. At this rate one can by 1 million shares for $100.00.

To add the misery, the MGLG is listed as one of the companies allegedly hijacked by some nice gentle man. They are approaching the deadline to submit paperwork on this issue. Hopefully some decision will be made soon and the trading will be back to normal.

However there is a ray of hope in this situation. A potentially huge consumer of natural gas in Tennesee has come to the forefront with TVA’s announcement that a natural gas-fired electric plant in Rogersville is scheduled to come online in late 2011 and will require up to 160 million cubic feet of natural gas daily. Tennessee is now producing about 16 million cubic feet of gas, but has immense potential to produce a great deal more, with the most potential coming from the Chattanooga Shale. Magellan and other area producers stand to benefit greatly from this enormous new demand source. TVA is the nation’s largest public power provider and is completely self-financing. TVA provides power to large industries and 158 power distributors that serve approximately 9 million people in seven southeastern states.

According to the EIA Annual Energy Outlook 2009, U.S dependence on imported oil is expected to decline over the next 25 years — due to high prices and limited resources; and natural gas production, led by gas shales, is expected to provide the majority of growth in gas supply. As the economy improves, we should see a marked improvement in the price of natural gas and in the overall value of the Chattanooga Shale gas reserves.

To cap it up: Magellan Energy New can look forward to do well if and only if, they could come out of the court battle and TVA is in a position to use high BTU gas for the new plant. For the time being no considerable investment is recommended in this stock. However for a gambler,  it may be an opportunity to buy at the bottom now.

Losing Money in Stock Market

Losing Money in Stocks?

Are you making enough profit from stock market.  Or you are losing on  daytrading stocks?  Are you the one who jump on any stock and later regret it?   There some people, who always do the right thng at the right time. For them investing is always successful. If you are not one of them, if you are not making enough profit from stock market, read thisa carefully. Is your investing strategy right?  How are you getting the leads for investing in stock market?

Still if you can make it, stock market is not for you.  I don’t recommend loosing all your hard earned money in stocks. If you are hit hard two or three times, then don’t try to makeup the loss.   My humble advise, of you are not comfortable at , don’t do it.  Don’t waste your hard earned money, just because your friend or relative made a killing in the stock market.

Top Reasons for Losing Money in Stock Market

• Buying or selling strictly based on Entertainment shows like Cramer’s – Cramer has a tendency to make many picks and recommendations, studies have shown his picks to be both right and wrong about 50% of the time. The Cramer show should be appreciated for it’s humor and entertainment value.
• Investigate for buying, weather the company has a usable product, or likely to come with a usable product in the near future.
• Incase of Penny Stock there are so many people floating shell company and remains as a shell company for so many years. the fact is that they make a living by that.  They periodically bump the stocks with nice press release, and sell the shares.  Then they start buy back as the price go down.  This is a cyclic process, and they make lots of money in the process.
• Buying a stock because it “looks cheap.” – The share price of a stock should not be a determining factor when buying stocks. A $5 stock is no cheaper than a $15 stock. If both stocks go up 15%, you gain that same percentage in both stocks. (works same way with losses also).
• Investing is like fishing. When there is fish on the net grab it.
• Falling in love with a stock – Too many investors fall in love with a stock and refuse to close out of it even when the writing is on the wall. A stock should be treated as an investment and if that investment turns sour, one should get out of it as fast as possible. Just remember no stock remains a hot stock to buy forever.
• Following the masses – All too often a person would just buy a hot stock because they see everyone else buying and feel that it cannot go down. This type of investor often ends up being the “bag holder.” They are left holding the bag when the stock turns sour and the price drops.
• Spam messages – Buying a stock from an email that you received recommending the stock is one of the worst way to invest. Usually these stocks are penny stocks that have little or no value and will end up going belly up at some point. Do not buy stocks from spam emails, it’s a negative gamble. Over my years of investing, I have never seen a profitable stock that was recommended by a spam message.
• Buying a stock without Due Diligence – Research and Research! Buying the next hot stock requires you do proper diligence or it can be a flop that leads to a loss. It’s a good idea to get tips from sites like Hot Stocks to Buy but it’s very important that you do your own due diligence prior to any purchase. This has to be one of the major reasons why investors lose money in the stock market. Always perform due diligence before putting your hard earned money into any investment. The goal of investing in stocks is to take the guessing and gambling factor out of the equation.

Cord Blood America Starts Vegas Operation

Cord Blood America was founded seven years ago in Southern California, with funding from Credit Card, CBAI now claims to have one of the largest stem cell cryogenic storage facilities in the nation.  CBAI recently acquired CorCell, “the first licensed private cord blood bank in the United States.”

Most people will remember stem cells for the great promise they hold for medicine, and the controversy over taking them from embryos. However, the stem cells at CBAI (and other cord blood banks) are taken from umbilical cords at birth.

 On 22nd Januavary they started their operation  in Las Vegas.  CBAI occupies a modern-looking 17,000 square-foot building just a short block south of East Sunset Road. During the ribbon cutting ceremony, there were short speeches by CBAI board member Joseph R. Vicente; Somer Hollingsworth, who is President and CEO of the Nevada Development Authority, working to bring economic diversity to Las Vegas; Nevada Lieutenant Governor Brian Krolicky; CBAI Lab Director Dr. Geoffrey O’Neill; and Matthew Schissler, CEO and co-founder of CBAI, who talked about the growth of the company over the past seven years.  Dr. O’Neill is the lab director who once worked with Robert A. Good who was the first physician to perform a successful human bone marrow transplant.

Cord Blood America Storage

Stem cells from cord blood can be beneficial for the child, can also be useful for the parents or relatives, and the possibilities don’t stop there. Stem cells may also be used for treating other people when the tissue type matches the recipient.  The collected Cord  Blood is stored in different liquid nitrogen storage tanks that can hold more than 20,000 samples each.  Each tank is insulated, and when the nitrogen level gets low the tank automatically sends a signal to the suppliers, in Los Angeles or Phoenix.

Cord Blood America Inc. (CBAI), through its wholly owned subsidiaries CorCell Companies Inc. and Cord Partners Inc., markets a patented service to preserve umbilical cord blood, thereby allowing families to preserve cord blood at the birth of a child for potential use in future stem cell therapy. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments. Cryogenically preserved umbilical cord stem blood is shown to be effective in the treatment of approximately 75 diseases.

Cryogenics is the freezing of live tissue or whole living organisms in order to defrost and bring them back to life at a later date. There are diseases that cannot be cured today and there is a theory about where some one may one day be kept on ice so to speak, while medical science works out how to cure the illness.

It may be a humble begining of another Amazon or eBay, who knows!

SpongeTech Wash ‘N Wax 6-pack Combo Car Kit

SpongeTech Wash ‘N Wax 6-pack Combo Car Kit

Profiting From Penny Stock

Every body wanted to make money on the stock market, but the return on investing long term in blue chip stocks was low and takes years to get any decent amount. If you wanted to get returns on your investments faster and at a higher rate, Penny Stock is the option. By carefully watching penny stocks, you will understand that it makes amazing daily percentage gains.

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