In Spite of the News...

By: Tom Allinder
April 15, 2008

I was working on putting together some news spots last night and was checking the financial headlines. Obviously, throughout the day, the talk was of the mega-merger between Northwest Airlines and Delta Airlines. Now, we know that Delta will be the surviving entity with their CEO running the show. From Yahoo! Finance this morning: If Delta and Northwest are going to create the world's largest airline, they'll first have unions to cajole, politicians to placate, and antitrust regulators to convince. Time will tell; we will see what happens. It's quite natural for hard times to force consolidation for survival.

I doubt seriously if the NWA/Delta merger is weighing on the minds of most Americans this morning. Most of us are looking at ways to save a little money here and there to offset the high gas and food prices.



Multiple news sources are reporting this morning that John McCain wants the federal government to free people from paying gasoline taxes this summer and ensure that college students can secure loans this fall, a pair of proposals aimed at stemming pain from the country’s troubled economy. And now, at the same time, the certain Republican presidential nominee says Democratic rivals Barack Obama and Hillary Rodham Clinton would impose the single largest tax increase since World War II by allowing tax cuts pushed to passage by President Bush to expire.

“Both promise big ‘change.’ And a trillion dollars in new taxes over the next decade would certainly fit that description,” McCain said in remarks prepared for delivery Tuesday. “All these tax increases are the fine print under the slogan of ‘hope:’ They’re going to raise your taxes by thousands of dollars per year — and they have the audacity to hope you don’t mind.”

Now, in spite of all this, there is always hope in the nano and microcap markets... You see, at these levels, mergers, politics, gas and the price of a cabbage or bag of carrots doesn't matter.

Lets look at Planet Nutrition Holdings, Inc. (Pink Sheets: PNHL); the stock closed at 0.0012, up 0.0004 on volume of 60,236,626 shares traded yesterday. That is more volume than the stock has done in any one day for at least the last couple of months. If PNHL at .0014 or better, it could get exciting. I do not own it at this time.
Other nanocaps doing well recently include: BDRR, AUCI, SMKG, EESO, QCPI, SPNG, BOGA, and TIDE...

On TradersNation.com this morning, I covered mainly solar stocks during my segment. An interesting looking chart belongs to ICP Solar (OTCBB: ICPR). The stock has seen a sizable advance over the last month but has consolidated nicely. I am spending a good amount of time looking at alternative energy stocks these days because I believe they will perform for some time to come. One would think, at some point, the success seen by solar energy stocks like First Solar (NASDAQ: FSLR) has got to spill down to the smaller companies on the OTCBB and Pink Sheets.
So, IN SPITE OF ALL THE BAD NEWS OUT THERE... there are still lots of opportunities for those willing to look for them!

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