Summer Market Woes
Déjà vu? - It sure seems like it. With summer rapidly approaching, the market is showing some stark similarities to its behavior patterns of a year ago. Just like last summer, small/micro caps stocks are slumping to some extent with volume contracting.
So what's the upside here? Just when the sky looked the darkest for investors of all persuasions last summer - the market was setting up for some very sizeable, even record gains.
The way we see it, Siena Technologies (OTCBB: SIEN) and Tootie Pie Company (OTCBB: TOOT) could be a couple of the places where the "smart money" will be found this summer.
Both companies are very well-positioned and could become this year's big summertime bargains if properly played.
TOOT announced last week that it has expanded distribution into Oklahoma City as well as Kansas, Missouri, and Arkansas. The way that channel contacts like Ben E. Keith and SYCO have received their products thus far, I'd guess that more, even bigger announcements, are not far off.
Do things seem dark at Sienna Technologies? Yes.
Is the stock slumping? Yes
But
Important fundamental questions: Has the company's focus changed? No.
Is the company taking a proactive approach to improving its current situation and growth potential? Yes
The management over at Kelley Technologies has amassed decades of experience and seemingly impossible to develop local business connections in Las Vegas (ever tried doing business there?). SIEN has also patented and perfected one of the best, next-generation electronic sports books and is looking to make last year's multi-million dollar contract with Stations Red Rock Casino and Resort & Spa
So there you have it, two summertime small cap bargain ideas: One a newbie with enormous near- term potential and one a longtime player making moves to grow the way we always knew that it could.
As always, do your due diligence and happy trading!
Micro Stock Profit
Labels: SIEN, Sienna Technologies Inc., Smart Money, TOOT.ob, Tootie Pie Company Inc.


