The Micro Cap Opportunity

03/31/2008
The Micro Cap Opportunity 'Weekly' - Week of March 24th - March 28th, 2008

Announcements & General Commentary:

Despite the continuing saga of the global credit crisis, the financial world’s seemingly immediate disdain for all things risk we are looking at a new potential ‘Featured Pick’ for the coming week in the Gold Exploration space that should be a juicy one. Stay on point and keep on the look-out.

IMPORTANT REMINDER - Make sure that info@microcapopportunity.com has been added to your inbox or address book so you don't miss any of the action!

Featured Pick: Recap & Outlook
RED REEF LABORATORIES INTERNATIONAL INC (OTC: RRLB)

PHEW!

After picking RRLB at $.004 recently and seeing it almost immediately drop to new lows of $.002, we were fortunate (or at least our position was) to watch the stock stage a sizable rally during Thursday's and Friday’s trading sessions - on nice volume, mind you - to close the week at $.005, XX% higher than our initial pick price.

Clearly some buyers came in and now we are hoping that the stock will continue this upside price action so that we can begin to test the $.01 level - a double from Friday’s close. To get there we believe the company will have to support this rally with some news-of-meaninful-merit, but given the Company’s recent proclivity towards silence (they haven’t put out a release since March 12th), we can only hope they will support our trade.

Lots of volatility in this one, which means there is opportunity, so stay on top of this trade!

Read our initial coverage on Red Reef Laboratories International Inc (OTC: RRLB)

OUR PICK: RRLB.PK
OUR RATING: Speculative Buy & Trade
CURRENT PRICE: $.005
PRIMARY ALERT PRICE: $.004 (+25% Return)
SHORT-TERM TARGET: $.01 (Potential 150% Return from Primary Alert Price)

Featured Pick: Recap & Outlook
MARINER’S CHOICE INTERNATIONAL INC (OTC: MCII)

Not much in the way of volume on MCII and the price volatility shows it after the stock opened the week’s trading at the $.04 level only to trade (and we use the term “trade” sparingly) as low as $.028 on the week.

Oddest part of the whole week? The Company announces that it has launched a retail kiosk program to feature its products in retail environments and increase brand awareness. According to management, the two week old program is getting praises from MCII’s distributors and participating retailers and 50 have already been deployed in retail environments. What happens? The stock doesn’t trade....go figure.

Luckily, MCII managed to make a move late in the week - again, on not much volume to speak of - and close at the $.06 level. Lets hope we get some follow through this week on the back of some strong volume, which would confirm the validity of any upside move.

Sticking with our $.16 target.

Read our initial coverage on Mariner’s Choice International Inc.

OUR PICK: MCII.PK
OUR RATING: Speculative Buy/Trade
CURRENT PRICE: $.06
PRIMARY ALERT PRICE: $.07 (14.3% Drawdown)
SHORT-TERM TARGET: $.16 (Potential 128% Return from Primary Alert Price)

Featured Pick: Recap & Outlook
SARISSA RESOURCES INC (OTC: SRSR)

You Down week for Sarissa shares last week, but even still closed well within its 3-month trading range and within the trend lines of the symmetrical triangle that has been formed over since November when it broke out from relative obscurity. We think any downside pressure - and to be fair there was hardly any - was caused by a lack of news.

Let’s face it, this one has a lot going on. They just need to update shareholders on the “fairy tale” Lake Nemegosenda property and, provided the news is good (and we think it will be), this baby is poised to GOOOOOO!

Almost there we thinks....

Read our initial coverage on Sarissa Resources, Inc

OUR PICK: SRSR.PK
OUR RATING: Speculative Buy
CURRENT PRICE: $.009
PRIMARY ALERT PRICE: $.0075 (20% Return)
SHORT-TERM TARGET: $.015 (Potential 100% Return from Primary Alert Price)

Featured Pick: Recap & Outlook
RED BRANCH TECHNOLOGIES INC (OTC: RBTI)

Actually saw RBTI break its recent low of $.09 and set a new low of $.07 this past week as volume began to pick up in rather random fashion. Don’t get me wrong, there are still people buying stock, but all the buying is at the bid (no sense in rushing out and paying to much at a red tag sale, right) as buyers seem ill-motivated to line sellers pockets. We would like to see the stock churn in here and rotate stock into more stable hands. Then, with a bit of news and some momentum, we think the run can start again.

The question: Where will it go? The Answer: We have no idea, but as a point of reference, if this thing gets back to the $.45 level, there is more than 400% profit opportunity on the table. That’s juicy...

Read our initial coverage on Red Branch Technologies

OUR PICK: RBTI.PK
OUR RATING: Accumulate & Trade
CURRENT PRICE: $.09
PRIMARY ALERT PRICE: $.25 (64% Drawdown)
SHORT-TERM TARGET: $.60 (Not Reached)
SECONDARY ALERT PRICE: $.15 (40% Drawdown)
SECONDARY ALERT TARGET: $.45 (200% Potential Return)
LONG-TERM TARGET: $.60+ (Potential 140%+ Return)


As always, do your due diligence (its a journey, not a destination), be smart when you trade these stocks, operate within your limits and LETS MAKE SOME MONEY!

Warm Wishes & Happy Trading,

~MCO Staff

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