{"id":3144,"date":"2013-11-11T14:11:51","date_gmt":"2013-11-11T14:11:51","guid":{"rendered":"\/?p=3144"},"modified":"2013-11-11T14:12:00","modified_gmt":"2013-11-11T14:12:00","slug":"first-liberty-power-corp-otcmktsflpc-promises-a-strong-week","status":"publish","type":"post","link":"\/articles\/first-liberty-power-corp-otcmktsflpc-promises-a-strong-week\/","title":{"rendered":"First Liberty Power Corp. (OTCMKTS:FLPC) Promises a Strong Week"},"content":{"rendered":"

Sometimes, even a few emails will have an avalanche effect on a stock. This is the case of First Liberty Power Corp. (OTCMKTS:FLPC<\/a>), which grew more than four times since mid-September. FLPC<\/a> grew by 10.95% on Friday, reaching $0.07 on dollar volumes of above $741,000. \"FLPC1111.png\" <\/p>\n

The last promotion for FLPC<\/a> was from Lions of WallStreet, a small $2,500 pumping effort, yet the company seems to have riled up enough enthusiasm. Yet at the peak of the trend, despite the relatively accessible price, FLPC<\/a> is seen as a risk at investors’ forums. Seven cents is hardly an entry point. \"FTTN1111.png\"<\/p>\n

Others see FLPC<\/a> as a longer-term value bet, with the mining prospects for antimony and other rare minerals holding a real promise. But don’t forget that mining obscure substances is the favorite bet of penny stock companies- and after the shares have had their run, the mining and sales rarely materialize.<\/p>\n

For now, forum moods also point to a fear of flipping, and an expectation that FLPC<\/a> has enough drive to gain to a higher level, especially if the company shares a fresh PR message, or a new promotional email is sent.<\/p>\n

FLPC<\/a> seems serious about its activity, with four mines in various stages of development. One uranium mine was recently acquired, two lithium mines are in exploration, and the rare earth and antimony mine opened with the first blast. But all of those assets are quite far from being profitable any time soon.<\/p>\n

Still, FLPC<\/a> is expecting a SEC filing soon, along with press releases, and the general mood is for a dynamic new week. As of October 30th, FLPC<\/a> filed a NT 10-K for a delay in delivering results.\"BLUF1111.png\"<\/p>\n

We may glean an idea of where FLPC<\/a> could be going by looking at the performance of tickers from the same sector. Recently active First Titan Ore, Corp. (OTCBB:FTTN<\/a>) spiked at a bit below $2, only to fall on expected selling as the ticker lost about 50% of its value. FTTN<\/a> was mostly a trend enjoyed while it lasted, with investors fully aware that it would end sooner rather than later.<\/p>\n

And Bluforest, Inc. (OTCMKTS:BLUF<\/a>) looks even more pathetic, having spiked above $1.75 on a series of promotions. The ticker slid down to around 22 cents, immediately starting downwards as the promotion ended. BLUF<\/a> promised a big future for its carbon offset business, yet it overestimated its assets and the demand. It turned out BLUF<\/a> was little more than hot air.<\/p>\n

If you still believe FLPC<\/a> can hold on and stave off selling, it is still best to be aware of the risks, such as the 1 billion authorized shares. Avoid investing sums that you cannot afford to lose through a big cut in price. Also be aware that the current investors’ mood is strictly subjective and is only a tentative predictor of stock performance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sometimes, even a few emails will have an avalanche effect on a stock. This is the case of First Liberty Power Corp. (OTCMKTS:FLPC), which grew more than four times since mid-September. FLPC grew by...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[163,56,293],"class_list":["post-3144","post","type-post","status-publish","format-standard","hentry","category-news","tag-bluf","tag-flpc","tag-fttn"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3144"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3144\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}