Ladies and gentlemen, the MMP would like to apologize as we had a nice trade for today and we meant to write this report on Friday so you could take advantage of the trade. Since I was late putting it up here I will not include it in our 'Working Mans Portfolio'. However, we will put up one trade today that you can take advantage of, unfortunately it is not as solid as the AA call we wanted to play. But we are going to buy 10,000 shares of OPMG at 10 cents a share. Penny stocks are like options, you need to be prepared to loose all of the money you put into it.
So we are going to roll the dice with OPMG and see where it takes us. Again I apologize for the Alcoa trade as we did not expect there to be an upgrade today on the stock which has sent it soaring upward. However, our portfolio in whole will be taking advantage of this upgrade as we own 100 shares of Alcoa already.
We also should of kept our US Steel (X) call on the board a little longer as that stock has continued to climb the ladder. But the Working Mans Portfolio is still nicely in the green. Just remember only buy an amount of OPMG that you can afford to loose. Penny stocks can be extremely profitable but there is a tremendous amount of risk.
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