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Tuesday, September 19, 2006

Old Reliable At It Again!!!

Commerce Planet has been a textbook trading stock for us (see chart). On the heels of a recent announcement that "PAID MEMBERS" continue to grow at a rapid pace, Commerce Planet's stock price rise is gaining momentum.

CPNE appears ready to Break Out again. At the risk of sounding like a broken record, we feel this is just the beginning for CPNE. Our next targets for the stock are $1.25 and then $1.45 Longer term (4 -6 months), we believe $2 is not out of the question.

CPNE is drawing more and more positive attention in the small cap community. But with revenues growing the way they are, consistently increasing earnings and zero debt, what more would you expect? Small Cap Nasdaq? Inclusion in small cap mutual funds? Being bought out? The sky could be the limit for this one.

What are your ideas for the future of CPNE? Got any? With a situation this explosive, I bet you do. $2 Bucks? We would love to hear your thoughts

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