Huge Trades today in chat again!!!!!!

100% Gains on Mesa Air Group Inc. (MESA) and Why if You’re Not in Chat… You’re Missing Out

1000% Gain on International Aerospace Enterprises, Inc. (IARO.OB) And You?

First like I said in last nights scan our swing really paying out well now closed near highs yet AGAIN (still in from 3.17-3.19s partial position left)! Congrats everyone on this! Also the WAVE we bought yesterday at .48-.50 (I had 20,000 shares over night) well… you know how that went the first 30 minutes of the trading day hitting a high of nearly .62! Can’t believe the plays that have been rocking day in and day out!

CBK – last night I said “CBK $6.50 nice support watching this one tomorrow may get a spike towards $7+ watch for green hold or if it opens lower watch for red/green and volume” and it did just that by holding green and continued towards $7.. if it test tomorrow should have a power house day

MESA hugeeeeeeeeeeeeee alert today in chat, read about it here. As you know .. in at .10 and .102.. sold some on the fist pop, locked more in at .17-.18 after hours and it closed at .20 – absolutely awesome trade today, congrats all!

MHLD – real nice move off $6s this may still have more watch for $7 test and hold and further squeeze to the upside

ZEP $14 top past few months if it breaks and holds we’ll have a $2/share mover coming up

MENT played this one long today on the $6 break.. sold out 6.20 range.. shorted towards close but covered for .05 loss.. watch for gap/test over $6.50 and possible short back down after a spike or sideways price action and fade

LIOX from scan the past few nights “picked it off 1.78-1.80s for a decent trade today will continue to trade it on dips towards the $2 break” today we had the $2 break and spike but should base around $2 now and head higher potentially.. swinging a little

COYN holding this one accumulated bid side through the 2nd half of the day – possible gap and continuation

Check out the latest calls on NPWS, ONFI and IARO for OTCBB/Pinks and MDTL, WAVE and DCGN for Nasdaq, oh and there’s more coming… you know …the doubler on MESA today And those who say pattern day trade rule is only reason you can’t make money …… think again 11k to 39k

[Wed Jul 01_14:11:38 EDT 2009] InvestorsLive MESA

[Wed Jul 01_14:11:39 EDT 2009] InvestorsLive red/green test

[Wed Jul 01_14:12:46 EDT 2009] InvestorsLive longed some .10 and .102

[Wed Jul 01_14:21:35 EDT 2009] InvestorsLive MESA comon .11 u can do it

[Wed Jul 01_14:24:37 EDT 2009] InvestorsLive .11 MESA

[Wed Jul 01_14:36:06 EDT 2009] InvestorsLive another bidder MESA

[Wed Jul 01_14:36:10 EDT 2009] InvestorsLive comon get us to .12 lol

[Wed Jul 01_14:39:19 EDT 2009] InvestorsLive nHOD MESA

[Wed Jul 01_14:39:58 EDT 2009] InvestorsLive 19% in 20 minutes

[Wed Jul 01_14:41:20 EDT 2009] InvestorsLive Thank you kind sir, .12 it is

[Wed Jul 01_14:41:24 EDT 2009] Muddy yeah

[Wed Jul 01_14:41:24 EDT 2009] InvestorsLive woooooooooooo !

[Wed Jul 01_14:41:26 EDT 2009] dirtydc nice IL

[Wed Jul 01_14:41:37 EDT 2009] InvestorsLive yahooo

[Wed Jul 01_14:41:38 EDT 2009] giantseaturtle whoa look at that vol

[Wed Jul 01_14:41:39 EDT 2009] tarheeljeff what a day! (so far!)

[Wed Jul 01_14:41:53 EDT 2009] InvestorsLive seriously

[Wed Jul 01_14:41:57 EDT 2009] InvestorsLive this day is ridiculous

[Wed Jul 01_14:42:01 EDT 2009] giantseaturtle IB won’t let me sell my MESA

[Wed Jul 01_14:42:04 EDT 2009] giantseaturtle might be a good thing

[Wed Jul 01_14:44:37 EDT 2009] InvestorsLive make sure u guys lock in MESA if playing at least some.. 20% move

[Wed Jul 01_14:49:34 EDT 2009] InvestorsLive MESA !!!!!!!!

[Wed Jul 01_14:49:37 EDT 2009] InvestorsLive .13s up 30%

[Wed Jul 01_14:49:44 EDT 2009] InvestorsLive woooooooooooooooooo!

[Wed Jul 01_14:49:45 EDT 2009] dirtydc weeeeeeeee

[Wed Jul 01_14:54:25 EDT 2009] GS all kinds of stuff “flying around” court verdict on MESA heh

[Wed Jul 01_14:54:26 EDT 2009] InvestorsLive MESA magnet on HODs

[Wed Jul 01_14:54:57 EDT 2009] dirtydc thanks IL all out for me

[Wed Jul 01_15:34:58 EDT 2009] InvestorsLive MESA da %%%%

[Wed Jul 01_15:34:59 EDT 2009] realbigdeals MESA inching up

[Wed Jul 01_15:35:02 EDT 2009] InvestorsLive we had dead bottom

[Wed Jul 01_15:36:20 EDT 2009] Jens Gould News MESA, http://www.ca11.uscourts.gov/opinions/ops/200813733.pdf

[Wed Jul 01_15:40:40 EDT 2009] realbigdeals MESA little more

[Wed Jul 01_15:47:54 EDT 2009] realbigdeals MESA HOD

[Wed Jul 01_15:48:30 EDT 2009] InvestorsLive MESA

[Wed Jul 01_15:48:43 EDT 2009] InvestorsLive 38%

[Wed Jul 01_15:51:05 EDT 2009] InvestorsLive MESA I will keep some for after hours or morning gap

[Wed Jul 01_15:52:06 EDT 2009] realbigdeals IL – if MESA crosses .14 = pop?

[Wed Jul 01_15:52:25 EDT 2009] InvestorsLive hoping for .15 tomorrow morning when I wake up early

[Wed Jul 01_15:52:29 EDT 2009] InvestorsLive or more

[Wed Jul 01_15:52:39 EDT 2009] InvestorsLive but I am up 40% on this half

[Wed Jul 01_15:52:42 EDT 2009] InvestorsLive so not really risky

[Wed Jul 01_15:52:47 EDT 2009] realbigdeals Got .14 on the ask

[Wed Jul 01_15:53:08 EDT 2009] realbigdeals OH YEAH

[Wed Jul 01_15:55:05 EDT 2009] realbigdeals MESA .145 !

[Wed Jul 01_15:55:11 EDT 2009] mindstatements MESA .15 !

[Wed Jul 01_15:55:13 EDT 2009] InvestorsLive 48%

[Wed Jul 01_15:56:08 EDT 2009] InvestorsLive .149s up MESA

[Wed Jul 01_15:59:32 EDT 2009] InvestorsLive MESA banggggggggggggg

[Wed Jul 01_15:59:33 EDT 2009] InvestorsLive 50% guys

[Wed Jul 01_15:59:34 EDT 2009] InvestorsLive

[Wed Jul 01_16:00:07 EDT 2009] realbigdeals Speedtrader has .15 on the ask

[Wed Jul 01_16:00:26 EDT 2009] mindstatements ohhh MESA pooop !

[Wed Jul 01_16:00:35 EDT 2009] InvestorsLive how about that MESA

[Wed Jul 01_16:00:37 EDT 2009] InvestorsLive

[Wed Jul 01_16:00:42 EDT 2009] Muddy MESA no doubt will do its gap open thing

[Wed Jul 01_16:00:50 EDT 2009] InvestorsLive hope so

[Wed Jul 01_16:00:54 EDT 2009] InvestorsLive got a boat load of that left

[Wed Jul 01_16:00:59 EDT 2009] Muddy always does on late run

[Wed Jul 01_16:01:01 EDT 2009] InvestorsLive RED TO GREEN

[Wed Jul 01_16:01:03 EDT 2009] realbigdeals MESA was worth the price of admission all by itself

[Wed Jul 01_16:01:07 EDT 2009] InvestorsLive FORMERRRRRRRRRRRRRRR RUNNNNNNNNERRRRZZZ

[Wed Jul 01_16:01:25 EDT 2009] Muddy red to green is the bread and butter plays

[Wed Jul 01_16:01:41 EDT 2009] Muddy yup combined with former ones

[Wed Jul 01_16:02:00 EDT 2009] mindstatements DCGN MESA WAVE NVNC made a great day for me !

And it just closed at .20 cents after hours

If you pay any attention to this blog all of you know how hot the plays have been coming outta chat .

Check out the latest calls on NPWS, ONFI for OTCBB/Pinks and MDTL, WAVE and DCGN for Nasdaq, oh and there’s more coming… you know …the doubler on MESA today And those who say pattern day trade rule is only reason you can’t make money …… think again 11k to 39k

[Tue Jun 30_09:46:22 EDT 2009] Muddy IARO 1 mil .015

[Tue Jun 30_09:52:56 EDT 2009] dcarlton IARO on .02

[Tue Jun 30_09:55:55 EDT 2009] Muddy IARO .02 hit

[Tue Jun 30_09:56:01 EDT 2009] Muddy 2 mil now

[Tue Jun 30_10:03:59 EDT 2009] Muddy IARO .027 …. (Jun 30-09:45) Muddy: IARO 1 mil .015 .. nearing a doublr

[Tue Jun 30_10:04:07 EDT 2009] domino IARO from Muddy hod

[Tue Jun 30_10:04:07 EDT 2009] Muddy .03 hit woot

[Tue Jun 30_10:26:54 EDT 2009] dcarlton IARO nhod

[Tue Jun 30_10:28:10 EDT 2009] Muddy IARO tuff so far 5 mil shrs now

[Tue Jun 30_10:30:06 EDT 2009] Muddy IARO .04 hit

[Tue Jun 30_10:30:11 EDT 2009] Muddy 219%Tue Jun 30_10:32:20 EDT 2009] domino Muddy

[Tue Jun 30_10:32:21 EDT 2009] Muddy IARO $$$$$$$$$$$$$$$$$$

[Tue Jun 30_10:32:26 EDT 2009] Muddy (Jun 30-09:45) Muddy: IARO 1 mil .015

[Tue Jun 30_10:32:37 EDT 2009] InvestorsLive nasty Muddy 2nd or 3rd one today

[Tue Jun 30_10:32:39 EDT 2009] Muddy love those million hits

[Tue Jun 30_10:32:55 EDT 2009] InvestorsLive (Jun 30-09:56) Muddy: IARO .02 hit (Jun 30-09:56) Muddy: 2 mil now

[Tue Jun 30_10:33:02 EDT 2009] InvestorsLive 2 mil still a double and more ha

[Tue Jun 30_10:33:05 EDT 2009] Muddy seeing .05 coming up

[Tue Jun 30_10:33:14 EDT 2009] mindstatements pow IARO ! .05

[Tue Jun 30_10:33:15 EDT 2009] Muddy bingo

[Tue Jun 30_10:35:01 EDT 2009] mindstatements Muddy thanks a million for IARO

[Tue Jun 30_10:35:31 EDT 2009] dcarlton IARO .055

[Tue Jun 30_10:36:05 EDT 2009] mindstatements give us more IARO ! .06 !

[Tue Jun 30_10:39:00 EDT 2009] dcarlton IARO .065

[Tue Jun 30_10:40:18 EDT 2009] mindstatements IARO running out of steam

[Tue Jun 30_11:59:29 EDT 2009] Muddy IARO .07

[Tue Jun 30_11:59:46 EDT 2009] InvestorsLive IARO wow Mud

[Tue Jun 30_11:59:46 EDT 2009] ultimachi Wow IARO a beast

[Tue Jun 30_12:00:19 EDT 2009] Muddy i’ve seen .085 asks many times on IARO

[Tue Jun 30_12:01:33 EDT 2009] InvestorsLive OSCI more vol

[Tue Jun 30_12:02:25 EDT 2009] Muddy IARO gonna do .085 imo…anyway i’m still holding

[Tue Jun 30_12:05:03 EDT 2009] Muddy IARO gonna go .08 here looks

[Tue Jun 30_12:06:11 EDT 2009] Muddy bingo .08

[Tue Jun 30_12:06:23 EDT 2009] Fugu IARO dang .085

[Tue Jun 30_12:06:27 EDT 2009] Muddy heres comes that .085 i’ve seen all morn

[Tue Jun 30_12:06:53 EDT 2009] Muddy i told Laura,it goes to .085 when ask repeatly hit it

[Tue Jun 30_12:07:04 EDT 2009] Muddy that was back at .03

[Tue Jun 30_12:07:34 EDT 2009] ultimachi wow the ask hit .085 back at .03? Insane

[Tue Jun 30_12:07:48 EDT 2009] Muddy yes many times,on scott

[Tue Jun 30_12:08:10 EDT 2009] Muddy now i just saw .10,but just once so far

[Tue Jun 30_12:08:22 EDT 2009] Muddy see if it bangs it more

[Tue Jun 30_12:08:27 EDT 2009] Abraxas CPD watching for fade

[Tue Jun 30_12:08:51 EDT 2009] Muddy yehaaaa .099

[Tue Jun 30_12:08:54 EDT 2009] Fugu WOW

[Tue Jun 30_12:08:57 EDT 2009] Muddy .10 $$$$$$$$$$$$$$$$$$$$

[Tue Jun 30_12:09:06 EDT 2009] ultimachi haha! WOOO MUDDY!!!

[Tue Jun 30_12:09:16 EDT 2009] kaspju nice IARO wow took my eyes away for a minute

[Tue Jun 30_12:09:21 EDT 2009] ultimachi I knew I should have jumped in on the pullback

[Tue Jun 30_12:09:55 EDT 2009] ultimachi .14 ask hit lol

[Tue Jun 30_12:10:09 EDT 2009] Muddy gonna get a 10 bagger

[Tue Jun 30_12:10:21 EDT 2009] Muddy in 1/2 day wooooooooooooooooo

[Tue Jun 30_12:10:50 EDT 2009] InvestorsLive how to turn $1000 into $11,000 lesson 1

[Tue Jun 30_15:52:56 EDT 2009] Muddy IARO .099

[Tue Jun 30_15:53:53 EDT 2009] Muddy IARO bid up

[Tue Jun 30_15:54:55 EDT 2009] Muddy oh baby IAROTue Jun 30_15:54:58 EDT 2009] InvestorsLive wow IARO

[Tue Jun 30_15:55:19 EDT 2009] Muddy i said that

[Tue Jun 30_15:55:31 EDT 2009] Muddy .12 hit

[Tue Jun 30_15:56:07 EDT 2009] Muddy tell me they aren’t playing with this one

[Tue Jun 30_15:56:08 EDT 2009] domino amazing Muddy

Now if this isn’t relevant financial news, I don’t know what is!

NEW YORK (AP) — It’s one of the biggest mysteries in the Michael Jackson saga: How much was the lavish-spending, massively debt-ridden pop icon really worth?

In the most detailed account yet of the singer’s tangled financial empire, documents obtained by The Associated Press show Jackson claimed to have a net worth of $236.6 million as of March 31, 2007. But less than $700,000 of that amount was in cash — a relatively paltry sum given his opulent lifestyle, prodigious borrowing and seven-figure shopping sprees.

The revelation came Tuesday as Jackson’s family reversed itself and said the singer did in fact have a will — complicating a bid by Jackson’s mother to take control of her son’s finances. The will names his mother Katherine as guardian of his children and puts his assets in a trust, according to a person who spoke on condition of anonymity because he was not authorized to speak on the topic.

Jackson had $567.6 million in assets, including his Neverland Ranch and his share of the Sony/ATV Music Publishing catalog, which includes the rights to songs by the Beatles, according to a statement of financial condition prepared by Washington, D.C.-based accounting firm Thompson, Cobb, Bazilio & Associates.

The report was prepared at a time when Jackson had large sums of debt coming due that had to be refinanced. The financial statement, which is not as thorough as an audit, was based in large part on estimates provided by Jackson’s advisers that the accounting firm said it could not verify..

The five-page report says Jackson had debts of $331 million. The singer had just $668,215 in cash, according to the report

What We Should All Have Learned From the King of Pop

Lesson 1) Get a good accountant

Lesson 2) Do some sort of financial planning, have your monies in order

Lesson 3) Call it quits before you reach your 11th cosmetic procedure

Wall Street ended a record quarter on a down note as all three major averages trended lower Tuesday. The economy saw a decline in consumer confidence in the month of June, which now stands at 49.3, down from its revised May level of 54.8. The decline can be contributed to mounting job losses which have taken a toll on personal job security. After being slightly positive, stocks turned negative on the news as consumer activity accounts for almost 2/3 of economic activity in the nation.

By the closing bell, the street seemed to be glad to usher out the 2nd quarter of the year, as the spring rally has stalled over the past weeks, and traders are looking for an excuse to either sell off or send the market to its next leg. The Dow Jones Industrial Average fell 82.38, or 1 %, to 8,447.00; the S&P 500 fell 7.90, or 0.9 %, to 919.33, and the Nasdaq slid 9.02, or 0.5 %, to 1,835.04.

The Dow Jones industrial average rose 11 % during the quarter, while the Standard & Poor’s 500 index surged 15.2 %; their first quarterly gains since the third quarter of 2007. The Dow also had its best quarter since 2003 and the S&P 500 its best since 1998.

Morning Outlook

Stocks were mixed in Asia overnight to ring n the new quarter. China’s Shanghai Composite index rose 1.7 % to 3,008.15, while South Korea’s Kospi advanced 1.6 % to 1,411.66. Japan’s Nikkei 225 index fell 18.51 points, or 0.2 %, to close at 9,939.93 after a weaker than expected business survey; the index had been up over 1% during trading.

An increase in business activity for the euro zone’s manufacturing sector rose for the fourth straight month, sending major indices higher. The FTSE 100 index of leading British shares was up 58.83 points, or 1.4 %, at 4,308.04 while Germany’s DAX rose 67.80 points, or 1.4 %, to 4,876.44. The CAC-40 in France was 55.36 points, or 1.8 %, higher at 3,195.80.

On Wall Street, stocks look to economic data to drive the market higher. Before a barrage of reports, futures signal a positive opening. Following the gains in Europe, Dow Jones industrial average futures are up 40, or 0.5 %, to 8,434. Standard & Poor’s 500 index futures are up 5.10, or 0.6 %, to 920.60, and Nasdaq 100 index futures are up 7.50, or 0.5 %, to 1,483.75.

Economic Calendar

Motor Vehicle Sales: Auto and truck sales show market conditions for auto makers and the slew of auto-related companies as well as manufacturers of other big ticket discretionary goods in the domestic market. The economic consensus is for 7 million units for the month of May, which would be greater than the April annualized rate of 6.9 million units. Sales on such big ticket items have really been hit hard in today’s environment. The potential lack of solvency from these large automakers is also having consumers think twice.

8:15 AM
ADP Employment Report: The new ADP national employment report can help improve the payroll forecast by providing information in advance of the employment report. By tracking the jobs data, investors can sense the degree of tightness in the labor market.

10:00 AM
The ISM Manufacturing Index: The Institute for Supply Management surveys more than 300 manufacturing firms on employment, production, new orders, supplier deliveries, and inventories. The index gives a great look at the state of manufacturing and the direction it is heading. The cyclical nature of manufacturing could signal further economic downturn, and also can send off serious inflationary pressures in the economy on a higher than expected number.

The consensus figure is 45 for the month of June, up from May’s reading of 42.8.

10:00 AM
Construction Spending: The report measures the value of new construction activity on residential, non-residential, and public projects, giving a great indication of the economy’s momentum. Why would you expand your operation if you think the near term outlook is bleak? The same can be said on the residential front. Public project spending puts money back into the hands of those providing the labor and thus has its own ripple effect throughout the economy.

The consensus is for a drop of 0.5% in May after advancing 0.8% in April.

10:00 AM
Pending Home Sales Index: A leading indicator of existing home sales for the month of February developed by The National Association of Realtors. This provides a gauge of not only the demand for housing, but general sentiment on the consumer front. People have to be feeling pretty comfortable and confident in their own financial position to buy a house and the ripple effect a housing purchase has throughout the economy.

10:35 AM
EIA Petroleum Status Report: The Energy Information Administration (EIA) provides weekly information on petroleum inventories in the U.S. Oil prices have ticked up as OPEC continues production cuts to meet its quota, despite continued stockpiles. Trading on the NYMEX has been primarily driven by the direction of equities and the level of optimism of a sooner rather than later economic recovery.