Showing posts with label sttk. Show all posts
Showing posts with label sttk. Show all posts

Monday, June 6, 2011

Stock Watch: A Look Back


Before we delve into some new stocks, let's take a look at our track record from the stock we were watching a while back. We'll list the date we introduced a stock we were watching, what the price was and what it is now.

We will no longer be rolling out any cheesy "Free Stock Picks" to make the stock market seem more like sports, though make no mistake, the stock market is just legalized gambling. Here's a look back:

June 15, 2009

MGM: Then - $7.13... Now - $14.19... Profit = $7.06 (+99.02%)
LVS: Then - $9.10... Now - $42.08... Profit = $32.98 (+362.42%)

IGT: Then - $16.30... Now - $16.57... Profit = $0.27 (+1.66%)


Welcome to the wonderful world of casino stocks. Had you bought LVS near its bottom, you would be in good shape at the moment. As you can see IGT has not quite had the same boon, so if you debated between LVS and IGT after we recommended both of them, and went with IGT--whoops. MGM bounced back as we expected, a nice 100% profit there. But LVS is clearly the cream of this crop.

September 23, 2008
AIG: Then - $5.00... Now -$27.65... Profit = $22.65 (+453.00%)

Lot's of bad press was going around about AIG at this time, but that's the key to making money in the market--take a contrarian approach when the market is bottoming out. That's when you can find value in big companies like AIG. We might even still buy AIG and expect to make money once the U.S. economy finally gets out of this thing, but to get in at five bucks is gold. It's all about timing.

January 29, 2008
ETFC: Then - $4.14... Now $14.49... Profit = $10.35 (+250.00%)

Another value pick here... It's almost hard to believe E-trade was down to four bucks (actually got down to two), and we simply got in at the right time again. Trusting that the big companies will bounce back (most of them) in a recession is the best way to make money, although the downside is that it requires the economy to be in a recession. We did a nice job getting into some of these near their bottoms and striking while the iron was hot, but we also missed an opportunity with other stocks that had bottomed and then ballooned back up even more. Still, we're happy with the results of the ones we were in on.

January 21, 2008
STTK: Then - $0.035... Now $0.06 (as STTN)... Profit = N/A

This is your lessen kids: don't bet on penny stocks. While the appeal of getting rich quick is there, it's very rare. You may be asking, what are you talking about Stock Lemon, though STTK changed its symbol, it is up from three-and-a-half pennies to six pennies, almost 100% profit! Sure, kids, it looks that way. But the reality is, as far as we can tell (we haven't really been paying attention to this one), they had some sort of reverse split a couple years ago wherein a single share of STTK is not equal to a single share of STTN. Anytime a company changes its symbol, unless it was bought by someone, it's not a good sign. This is a borderline bankrupt company that by all appearances had nothing to do with Bird Flu as they claimed. Sketchy.

As you can see, aside from our dip into penny stocks (idiots), we have fared pretty well in the past. Here's hoping for continued future success. Take note: all of these stocks were as of market close on Friday, in what has been a bad week to start what is likely to be a bad month. These stocks all reached even higher levels than their current prices.

Sunday, June 14, 2009

Taking Stock Again

Earlier, we posted an entry titled Taking Stock (Lemon), explaining what was a brief absence from our post here at the site.

Now, we're Taking Stock again, this time in relation to the Free Stock Picks which used to dominate our site.

In other words, we've been taking some time to get back in the stock market, now that things are finally starting to clear up.

We've had brief success in the past with STTK, ETFC, and AIG, all of which are in miserable shape at the moment, but those were obviously short term stocks anyway. In the future, we'll have more stock analysis in addition to our sports coverage on the site.

Good things are ahead here at Stock Lemon, so stay tuned.

Sunday, April 13, 2008

STTK Ready to Make a Move


We've been a little distracted lately due to our success in the sports betting sphere, but as our name implies, we also started our company (and this website) to give smart stock tips.

That said, our first Free Stock Pick was STTK back on January 21, and as we foretold, good things come to those who wait. We recommended buying this stock at $.035, and after a short incline it dipped below that mark. At this time, we urged patience, as this stock just needed to gain momentum behind some of the good press that this company, Smart-Tek Solutions, was dishing out.

This week, the stock hit nearly $.09, an increase of over 150%. If you sold at that time, good for you--you turned a nice profit on this one. If not, though, you can either do so when the market opens today for a gain of almost 80%, or you can wait this one out a little longer and reap the benefits. It leveled off to a close of $.06 on Friday after the big gains in the middle of the week and is still in good shape for the long-term. We've heard from an inside source (someone very close to CEO Perry Law), that Smart-tek Solutions is expecting either a merger or some other type of big news on May 22. Just speculation for now, but something to keep in mind.

The volume still looks good and we like what we see from the charts. If you bought when we originally suggested, it might be wise to sell off half of those shares and ride out the rest. "Play with profit," as they say. If not, this is still a strong buy, as last week was only a glimpse of STTK's true potential.

Monday, February 4, 2008

STTK Up 28.57%

A nice leap today from STTK, up 28.57% to $.045. The $.04 hump was difficult to surpass, but now that that has been achieved, there's no telling what this stock might do next.

As the chart shows, it has gone up every day for the last three that the market has been open, so this might be the beginning of the run we've all been waiting for.

Penny stocks can be frustrating, but be patient with this one, the climb back to at least the $.30 range is inevitable.

Wednesday, January 30, 2008

STTK Up 21.21%

STTK is back up to $.04 today and poised to make a run back to the $.30 range. After a little bit of a rocky road getting back to $.04, we feel like things are finally settling down for this stock. Some good volume today is an indicator that this thing is finally ready to jump.
We usually don't advise investments in penny stocks, but the promising background behind how STTK has been traded gives it more than enough value at just $.04 per share. There's really nowhere to go but up for this low risk, high reward gem.

Tuesday, January 29, 2008

Free Stock Pick: ETFC

We thought about buying into this one yesterday, and after another 6.15% increase today, we're finally pulling the trigger. ETFC, which is the symbol for the popular E*TRADE Financial Corporation, was at $25.79 at its peak last year, and is now at $4.14 following today's run.

It bottomed out at $2.08 and is now in prime position to regain its position in the $20 range by the end of the year. As the chart above shows, the last three weeks have been better for E*TRADE, although the stock is still way below the norm. ETFC has shown signs over the last few weeks that it will continue to rise steadily back up to prominence.

The five day chart shown above gives and even better idea of how the stock will likely progress over the course of the next few months. It's a rather unspectacular yet significant enough growth that over time will benefit its shareholders.

With an average volume of 41,909,540 over the last ten days, you can expect more movement out of this stock pick than STTK will show initially, but both should end up at or very near to their highs from last year.

Wednesday, January 23, 2008

Bird Flu in India

Over 2,000 people in India have reported that they have have been suffering from a fever within the last five days, according a local paper.

It's bad news for humanity, but might be good news for STTK stockholders, as the security company has previously experimented in bird flu cures.

It could be an interesting few days coming up.

Tuesday, January 22, 2008

STTK Up 14.29%

With many fearing recession, STTK held strong, increasing 14.29% on Tuesday. Now at $.04, this stock is still a great buy, with short term increases of 10-15% expected daily.

Such an increase is very valuable on a cheap stock such as this, since its current value allows for thousands of shares to be purchased at little to no risk. The 3 month goal for this stock is anywhere from $.15-$.30, and the 6 month goal is $1.

We will continue to update STTK's progress following our STRONG BUY recommendation yesterday. We will also continue to search for the "diamonds in the rough" throughout the year.

Keep checking back for more updates on stock tips, sports wagers, and business news.

Monday, January 21, 2008

Free Stock Pick: STTK

The market was closed today due to the holiday, but judging by the markets overseas, it will be rough riding for stock owners tomorrow. In times like these, the usually risky penny stocks that have struggled in recent months are always a good bet to bounce back and profit. Fortunately, I was lucky enough to find one that has very good short-term and long-term potential according to the recent charts.


Smart-tek Solutions, symbol STTK, is a company that was highly invested in the bird flu market last year, and gained recognition as a result. It reached highs in the $1.70 range last year, and has now bottomed out at $.035 now that the bird flu scare has passed--for now.



There is reason to believe that this company, despite recent sturggles, is ready to bounce back. While still keeping an eye on the bird flu market, the companies security endeavors are what really keeps it afloat, and they have experienced unprecedent growth in that area. While it may not reach the $1.70 level anytime soon, hitting $1 again is not so far fetched.


This is a low risk, high reward stock, and one that I highly recommend purchasing in the near future.


For more information on the company, here's how they describe themselves on their official website, which is linked to above.

Smart-tek Solutions Inc. (SSI) specializes in the design and development of
Radio Frequency Identification (RFID) integration, monitoring and tracking
solutions to meet industry demands. The target market for SSI’s RFID solutions
is the livestock industry by way of total intergraded RFID equipment to aid in
the tracking, recording and monitoring of livestock.

There is growing demand for smart technology solutions from Government agencies as well as the private sector to track, monitor and collect key data to protect livestock producers and limit the potential economic losses from livestock disease outbreaks, such as Bird Flu and Foot and Mouth Disease.

Also, Smart-tek Solutions Inc. through its wholly owned subsidiary, Smart-tek Communications Inc. (SCI) is a market leader in designing and providing the latest, most advanced integrated security, voice and data communication systems.

Located in Richmond, British Columbia, SCI specializes in the design, sale, installation and service of the latest in security technology with proven electronic hardware and software products.

SCI has positioned itself as a market leader in the Greater Vancouver area. Valued customers include major developers, general and electrical contractors, hospitals, Crown Corporations and retail facilities. Projects range from high-end residential and commercial developments to system upgrades and monitoring contracts.

SCI's continued growth and success is a direct result of providing a consistently superior product at competitive pricing to both new and existing clients. SCI's stellar client retention is in itself a testimonial to the overall excellence of the product designed and installed.


Again, this is a strong buy. Smart-tek Solutions should be one of the most surprising and profitbale stocks in 2008.