Quest is off and Running

Even in these trying economic times, Outcast Trader continues to conjure up a number of very profitable investment ideas. Over the past two months, (OTCBB: QMNM), (Nasdaq: SQNM) and (Nasdaq: QTWW), have all given subscribers something to cheer about.

Quest Ready to Run Again

After our alert a few weeks back, Quest Minerals and Mining Corp. (OTCBB: QMNM) gained 4431.25% on roughly 643,000,000 shares traded between 6/18 and 6/23. Shares hit a 52-week high of $.075, a MAJOR increase from a measely .0016 close just days before. Coal is becoming a very hot commodity today given the current global energy crisis and Quest is now producing it with plans to soon move its second mine into full swing.

As I mentioned previously, every $1,000 invested in QMNM at 6/18's closing price of $.0016 would have made you nearly $43,000 in profits if you sold out around the high print of $.075. With all of the volume in the stock, I’m guessing many of you did. Subsequent to today's production announcement, shares gained over 100% hitting an intra-day high of $.048 before closing up 42% at $.0339 on volume of 133,921,767. An interesting thing to note, today's news did not hit the wire until roughly 2:30 EST. Only an hour and a half left in the trading day. From that point, QMNM traded over 100,000,000 shares! Now that is impressive! Wednesday's pullback could have created a very nice entry point for those willing to bet on another run-up. The horses are running and lately QMNM has been the track favorite.

SQNM Ran From $9.33 to $16.89

We first introduced Sequenom Inc (NasdaqGM: SQNM) on 6/4 at $9.33 per share. The stock then ran up to a 6 year high of $15.2 on 6/13. This past Monday, shares dipped to a recent low of $13.28 before setting a new 52-Week high of $16.89 Wednesday on 4.3M shares, the highest volume in 8 days.

The company’s non-invasive prenatal Down Syndrome test blew away the competition in a sample size of 201 and is now being tested on a larger population. Success in this stage of testing will likely allow them to take a large share of a $1 billion dollar market.

The stock has already shattered many analysts’ lofty price targets.

Elemer Piror from Rodman & Renshaw saw his bullish $13.50 target get shattered over the past two weeks. In addition, Charles Butler at Lehman brothers upped his target a few weeks back to $12. Don’t get me wrong, these guys are good and both quite confident in the company’s test becoming the industry norm. Even Oppenheimer and Co. analyst Kevin DeGeeter’s expectation of 17.50; which seemed extremely high just a few weeks ago, could become laughable if wide scale test results match those of the 201 sample population.

TWW Has More Than Doubled Since Our First Mention

Since we first brought you Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) on May 11th at a price of $1.28, the stock more than doubled and now trades at $2.47, $.48 off of its 52-Week high of $2.98 hit on 6/9. The company is building a diverse portfolio of alternative energy businesses with a strong focus on the hydrogen and solar industries. Don’t forget, shares were trading at their 52-week low of $.37 on 1/18 and have appreciated more than 700%.

As business picks up, I suggest watching this one closely. As I have stated previously, this is one of the best small-cap growth stories I have come across this year. QTWW just goes to show that the proverbial "5-bagger" is quite possible in the penny stock world. You just have to know where to look.

So, there you have it. Three big winners in less than two months. For tomorrow, I suggest watching QMNM very closely. As I mentioned before, word of the company producing coal could fuel another major run-up in the stock. Until next time, folks.