After today's turnaround in oil sector, i am closing my positon in ATPG as soon as tomorrow morning , taking small profit but avoding major losses that may lie ahead. looking to open new long on ATAR
ATAR- Got in this morning @ 2.28 (strong buy)
MDRX-Got in @ 10.11 (strong buy)
DCEL- Got in at 1.94 (strong buy)
DCEL -Position closed at 1.82 Loss 6.02%
MDRX- Sell Half at 10.10
MDRX- Added another half at 10.06. position long.
QUICK UPDATE ON MY STOCKS:
MDRX, ATAR- Still holding both.
For those who were interested in FSIJ, i got some good news, the stock is showing an ongrowing buying interest among insiders, you may BUY this stock now.
Ok, Guys. it looks like IVAN is ready to rock&roll. today is a good day to buy this stock.
TORONTO, Dec 13, 2004 (PRIMEZONE via COMTEX) -- Food Safe International, Inc. (Pink Sheets:FSIJ), soon to be renamed Apollo Scientific Group, announced today that the Company plans to begin implementation of a marketing and distribution agreement with Ozone Technologies, Inc. and to be a distributor of their product line, including truck-washing equipment. Ozone Technologies, Inc. offers a revolutionary patented water sterilization and purification system which uses a safe, low-voltage electric current to create natural ozone that sterilizes and purifies tap water without the use of chemicals. After ozone has completed purification, it reverts back to pure, natural oxygen. The result is "Pure" FDA-quality water (meets FDA guidelines for "Pure" water) along with the natural sanitizing power to kill germs and bacteria, like Salmonella and E. coli, on contact. It is the only water treatment system that provides both sterilization and purification right from the faucet.
"There are no other products like the Ozone products on the market today. The water industry provides many purification choices to consumers, such as filters, UV systems, and reverse osmosis systems, yet nothing was previously available allowing the consumer to simultaneously kill bacteria in water and on surfaces, or help in the reduction of microbial contamination within the kitchen or food preparation environment," stated FSIJ's new CEO, Mr. Zabolotsky.
FSIJ's patent-pending "Food Safe" process was designed to minimize, if not eliminate, such disease risks with unique proprietary spray applications of "Food Safe" materials to fruits and vegetables after an initial chlorine bath. FSIJ's solution of water, citric acid (to maintain desired water Ph), chlorine, and ozone proprietary material are sprayed on the produce. While the solution effectively reduces or eliminates microbial pathogens, such as E. coli, and reduces the amount of chlorine usage by 30% to 50%, the company's program continuously monitors water quality, Ph, chlorine concentration and other factors to insure produce safety in accordance with current health recommendations made by The National Advisory Committee on Microbiological Criteria for Foods (NACMCF).
"The integration of the Ozone product line with FSIJ's process should yield unprecedented and far superior results than previously anticipated. Ozone has been proven to kill bacteria, destroy viruses, and water-borne parasites. Ozone has also been proven to kill germs up to 3,200 times faster than chlorine -- with absolutely no chemical residue. Adding an ozonation product of Tru-Pure's caliber to the FSIJ process will effectuate an overwhelming solution to the domestic and international concerns of food-borne related illnesses from microbial contamination," added FSIJ's new CEO, Mr. Zabolotsky.
Further, Food Safe International, Inc. - Apollo Scientific Group intends to focus its marketing efforts on restaurants, grocery stores, food processors, hotels, cruise lines and military sector by establishing working relationships with government agencies in order to provide food safety services in the US, Canada, Europe, Asia, Russia and Ukraine.
About Food Safe International - Apollo Scientific Group
Apollo's biotech R&D division intends to develop and market pharmaceuticals in the therapeutic areas of oncology, cardiology, diabetes and other life threatening diseases. Additionally, Apollo has been researching and is developing the business model for creating stem cell banks and stem cell treatment facilities. Apollo Scientific Group has a seasoned management team, supportive advisors and investor base. Food Safe intends to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. Food is one of the most mobile commodities traded internationally. Consumers are asking more questions and demanding answers. Whether the commodity is spices (insect contamination), beef (E. coli), strawberries (Hepatitis A, salmonella), fish (mercury) or any of thousands of foods traded globally, consumers and buyers are demanding new standards of quality, safety and nutritional value. Protecting people from food borne illness is Food Safe's number-one priority. Food Safe's comprehensive program is a proactive approach to food safety. Spurred into action by food crises in the global beef industry, there is an international consensus that producers and food industry stakeholders require a reliable methodology and technology for verifying food production and food safety.
About Ozone International and Food Safety International
Food Safety International offers a variety of products and services that provide you with safer products, better quality, reduced shrink, and better shelf life. Food Safety International LLC has developed a chemical free, environmentally safe system that guarantees the safety of customer's product. This is done through our unique ozonation process that removes pathogens and bacteria from product. This is a Whitewater Patent of Ozone International LLC that Food Safety International LLC has the marketing agreement. While food safety is our primary goal, an important bi-product of the system is that we significantly reduce shrink by improving shelf life. Food Safety International LLC has put together a team of industry experts with over 140 years experience to manage the company. Ozone wash is a non-toxic solution that delivers a fresher, safer produce to market, by destroying pathogenic microorganism that cause spoilage and transmit disease. Recently, FDA and ADEC has approved the use of ozone as a sanitizer for use in food processing plants.
Safe Harbor Statement
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives, and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
SOURCE: Food Safe International, Inc.
I've been monitoring this stock for more than a week and noticed some very steady accumulation going on, that's usually an indication of buying activity on behalf insiders then later it follows by price movement and when that happens outsiders usually jump into buying but insiders selling into buying idiots leaving them with losses.
It's hard to tell how soon the stock will start to move but if you bought this stock today and don't mind waiting, then i think you should hold on to it and keep checking for updates.
IVAN-Add 30% from your 60% at 2.64. keep another 30% to add up later.
ATAR- the stock isin uptrend rally condition, short-term target at 3.54.
MDRX-Hold your long but don't add more shares, the stock is about to rally. short-term-target 11.30.
Have a question for you. I've noticed the stock acted sort of weird today, it jumped up then held down a bit, then kept on rising again. No any news were released to influence that kind of price movement. Could that be a sign of manipulation by MM's?
Nop, don't see any signs of manupulation by Market Makers. the stock looks pretty healthy to me. Just sit tight and enjoy the ride!
IVAN-EXIT at 2.63- Sell ALL!
MDRX- SELL 50%
MDRX-SELL ALL @ 10.37 Profit 3.1%
ATAR-SELL AL @ 2.58 Profit 13.2% TOTAL 16.3%
Now just wait and see what market's gonna be like in the next few days. there is a possibility of profit taking before the Hoildays.
Oil sector will remain in my focus for the whole upcoming week. Majority of oil producing companies are set to report their results . America's leading Oil Giants like Chevron Texaco , Exxon Mobil Corp., ConocoPhillips and Occidental Petroleum are going to kick off next week by reporting their results starting on Monday. , all of them are expected to report a positive fourth-quarter profit results.
Stock to watch on Monday. COP, OXY,CVX, XOM, IVAN ,SNG.
Ok, guys it's time to load! Oil sector is getting hotter, (just like i expected) Here are the oil stocks that i recommend to buy as of today :
SNG- Trading at 1.72
ATPG- Trading at 20.57
Still keeping my eye on IVAN.