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Xtremepicks.com: BRYN & NLST - The rumors are swirling - Big news is in the pipe for both.Mar 09, 2010“ Good evening xtremepicks.com members. The markets ended the session on a high note. Gold settled at $1122.00/oz. ” Share on
Email Friend Contact Author (eTradeWire.Org) – Xtremepicks.com: BRYN & NLST - The rumors are swirling - Big news is in the pipe for both.
Good evening xtremepicks.com members. The markets ended the session on a high note. Gold settled at $1122.00/oz. FREE news letter at http://www.xtremepicks.com BRYN had a good day today closing at $0.28 up nearly 2% on just under 400K shares. The Prospectors & Developers Association of Canada (PDAC) 2010 Convention is in full swing in Toronto and BRYN has been working the floor all day long. http://www.pdac.ca/pdac/conv/index.html We received an email just after the market closed from management with news that this years convention is jam packed with a whose who of industry heavyweights as well as countless juniors and industry support outfits. There is no doubt that BRYN will be making some new contacts and will in turn, grow these relationships to the benefit of it's shareholders. It is a given that when it comes to the juniors, news drives prices. BRYN was trading in the low teens not to long ago and it appeared some investors may have given up on the company (not a very wise decision), them BAM the wires start buzzing again and BRYN is up over 150% in a few short weeks. This is only the beginning of a multy legged rally, as the PDAC convention wraps up we'll be speaking with management after they've had time to digest all the action and we're expecting some xtremely exciting news to come of it and further price appreciation as a result. Technically BRYN is in great shape. The MACD is in rally mode, the 50 Day Moving Average is in the rear view mirror and we are chewing through minor resistance daily. This junior has some big plans which will translate into big profits for all those long this stock. NLST was on fire today closing at $4.68 up almost 12% on 8.7M shares. Industry giant Cisco Systems - CSCO was out with news today announcing a new router that will "leapfrog it rivals" http://www.reuters.com/article/idCNN0922624120100309?rpc=44 The news was great for CSCO and anyone that uses the internet, but the news was especially exciting for NLST The rumor mill is in full swing and there is speculation that NLST will be providing CSCO with some of the components needed in the new router. Adding to the mix is the rumor that the door may be open for some of CSCO's major competitors like Juniper Networks - JNPR to take NLST's products for a little test drive. Only time will tell. http://www.thestreet.com/_yahoo/story/10698685/1/netlist-volume-spikes-on-cisco-rumors.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA All in all the future is looking very bright for NLST. Stay tuned to Xtremepicks.com your stock trading connection! As always make sure you do your due diligence on alerts, tweets and stock picks. # # #
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