Dow Jones 12526.99 +49.83 1:12 pm PST, January 23, 2007 NASDAQ 2432.25 +1.18 For info, visit access.smallcapnetwork.com S & P 500 1427.69 +4.74 Change your subscription status here Russell 2000 784.85 +6.89 VOLUME 07: ISSUE 9 A Second Chance on Titan Global ?  It's been a little over a week now since we first issued our coverage of Titan Global Holdings (OTCBB: TTGL), and so far, we're pretty pleased. Of course, it's been something of a roller coaster since then. Following the initial profile from January 13th, we saw shares move from a close of $1.21 to a high of $1.40 on the 17th, then back to today's level of $1.16. Overall though, the broad uptrend still looks great to us.  But the swings? To be honest, they're not surprising. It often seems like we see our profiled companies 'pop' after we launch our first opinions, and in a case like Titan where the underlying story was really compelling to begin with, the stock can get traction on its own ....shares were already in a stair-step uptrend. Fanning the volatility flames was the earnings news from the 17th. Of course, they were as impressive as we figured they'd be - EBITDA improved by 50% over Q1 of the previous year.  All the gyration also brought up a lot of great reader questions about handling volatility. Let's take a detailed walk through TTGL's chart, and discuss our thoughts about some of the daily changes we can study that may affect how we trade these shares in the very near future. We'll even close with a pretty explicit opinion.    Walking Up Stairs  Have you ever heard the phrase 'Buy the rumor, sell the news'? Not that we whole-heartedly agree with the premise, but this may well be the mentality we were working through last week. The stock surged in front of earnings (gapped, actually) to top off what had already been a very solid breakout move from a consolidation range. Then when the news finally hit, it seems as if the owners at the time figured it couldn't possibly get any better, as they locked in hefty profits (thus, 'selling the news').  So do we follow the crowd? In our opinion, not this time. Going back to May of last year, selling the news looked to be a short-lived philosophy. Each minor dip was met with an even stronger rebound....with the rebound typically coming on - ironically - news, or at least the rumor of it. This is why we feel it pays to get in touch with a stock's personality. The lion's share of the rewards since early last year have been handed over to those traders buying on the dip - not the sellers.  And where are we now in the ebb and flow cycle? To us, it looks we're nearing the end of the ebb. In other words, we think most of any selling/profit-taking is over and done with. On the nearby chart, we've loosely drawn the stair-step rally that now dates back several months. Simultaneously, notice how the three major consolidation (sideways) periods we see on the chart all lasted for several days. Assuming we're still in this mode, we might need a little more time to burn off any lingering sellers.  To mark when we think the stock may take that next 'step', we're using a long-term support line as a guide. There are two basic possibilities here. The first is the possibility that TTGL shares could keep sliding until the line is met ....probably around the $1.00 area. The second scenario - and the one we think is more likely - is consolidation at or near the current $1.16 level. Since the support line is rising, the stock wouldn't have to do anything to eventually find that floor and make the next leg higher.  When and if we do get such a bounce, it could happen in a hurry - like the last four did. That's one of the reasons we feel you've got to stay in a stock like TTGL, as long as the bigger picture story and chart looks good.    Potential Retracement Levels  Regular readers may also recall we're fans of Fibonacci retracement levels. So, we've added a chart with Fibonacci lines nearby. The lower edge is parked at 85 cents. That's close to where we topped in early October, where we gapped in late October, and where we found support during the November/December consolidation. In other words, it's been an important level.  The run from 85 cents to the recent peak of $1.40 was a nice 64.7% rally. We thought we might just see a 38.2% retracement from the high after we saw lows of $1.21 over the previous three sessions. But, it looks like Tuesday's low of $1.10 put the 61.8% retracement line in play. It's at $1.07. If you're shopping for the ideal entry point, we'd say that would be it. However, there's one thing to note about waiting for the perfect retracement......you may never see it.  See, based on this stock's history, we won't be shocked if it spins its wheels momentarily where it is right now, then surges out of reach. Or, maybe we'll see it just rocket higher without warning, foregoing the consolidation period. The point is, if you like the trading idea based on the underlying information (as we do), trying to save yourself about a dime's worth of entry may end up leaving you in the dust during any future rally.  We liked the stock at $1.21, and we even liked it at $1.40. Sure we'd like it at $1.07....but that window may already be closed. True, the recent market environment seems to favor short-term reversals more than continuations, making the 'find a confirmed' bottom approach more attractive...on the surface. The headache we see with that idea though is, the precise bottoms have been exceedingly difficult to pin-point.    Our View  If you liked the idea a week and a half ago, but were afraid to jump into the pile of frenzied buyers, we think this is a great second chance. Likewise, it looks like the heaviest wave of selling (let's face - profit taking) is in the past too, with shares climbing up and off of today's lows pretty well.  As a reminder, our suggested target on this stock is $3.00, with a suggested stop of $0.70. And, we feel the recent pullback from the new 52-week high may be about as good of an entry point as you could hope for. Based on the underlying fundamentals we discussed a little over a week ago (which you can review here), we think this name's still got the potential to pay off big. And if you didn't get a chance to look over our initial analysis, we'd recommend you do - we think the company's revenue picture fully justifies this upward-marching chart, even right up to $3.00 or higher.      We Value Your Feedback   Got comments, questions or suggestions? Send 'em on over: Editor@smallcapnetwork.com If you wish to send a written request or inquiry, please send it to our physical address: TGR Group, LLC 4653 Carmel Mtn Rd Suite 308 #402 San Diego, CA 92130 Clearly Canadian Names One Of Its New Distributors Last Wednesday, Clearly Canadian (OTCBB: CCBEF) teased us with some news about new distributors, but didn't spill any beans about who any of them were. We finally got a hint today, as one of them was finally announced. Intrastate Distributors Inc. will be distributing Clearly's line in Michigan. And as far as distributors go, Intrastate seems to be a good one....it's one of the state's biggest distributors of non-alcoholic drinks, and we think they'll be able to flex a little muscle in getting Clearly Canadian some good shelf space.  As we discussed at length in last week's Clearly newsletter, we expect most of these distributors to be smaller, regional outfits. This was confirmed today. The upside here for Clearly Canadian is straight-forward .....they'll get the kind of attention they deserve.  This distributor also already fronts for vitaminwater (R) and Fuze (R). Both are in the same 'alternative' beverage group Clearly Canadian competes in. We think this confirms Intrastate can and will handle Clearly's product line appropriately, since they're already doing it for a similar product.  Here's the full press release, and don't forget - Clearly Canadian will be unveiling a new product line on Thursday. We can't wait to see it, and taste it.    CEL-SCI to Build Multikine Manufacturing Facility Just a few days after getting the green light from the FDA for Phase III trials of Multikine, CEL-SCI Corporation (AMEX: CVM) announced yesterday morning they've signed a letter of intent to build a $12-$14 million facility which will be used to manufacture the cancer-fighting drug.  We think CEL-SCI's decision to commit a few million bucks to a manufacturing facility speaks well of their confidence in the drug.....and specifically, their expectation of ultimately getting it to the market.  It could still be years until Multikine gets a final FDA approval, but CEL-SCI seems to be planning for the best.....and they'll be able to hit the ground running if it happens. In our view, the potential upside still far outweighs any downside in owning a piece of this ground-breaking company.  Here's the full press release. Be sure to read it, as it adds some detail regarding a cold-fill suite ....a feature that could be well utilized in manufacturing other drugs as well.    Execute Sports Rallies On Kawasaki News Late last week, Execute Sports (OTCBB: EXCS) announced they had reached an agreement with Kawasaki Motors Corporation to design and manufacture a line of JetSki products. The Lycra rash guards, Neoprene boots, and Metalite top will be delivered in March. You'll see them on shelves shortly after that.  You may recall we had a very positive opinion of the company, but being so new and unknown, the story could get very little traction within the investment community. As such, we finally had to drop our official coverage in search of better-responding ideas. Perhaps being linked to a name like Kawasaki finally put Execute on the map.  We'd say it's worth a little time to browse back through all of our blog entries and newsletters regarding Execute Sports (click here). We kept pretty close tabs on things, and we suspect today's interest is reflective of some of the things we discussed as much as it is the Kawasaki news.  (and here's the press release)  Subscribe Information is power and timely information is profitable. Become informed and profit from Small Cap Network Profiles and Trading Alerts by becoming a Preferred Member today. There is no cost associated with your email subscription. Add your email address below and make sure to check your email inbox and confirm your opt-in request to start receiving the Small Cap Network Email Newsletter on a regular basis. To ensure newsletter delivery, you can add any additional email addresses you may have to the Small Cap Network Member List. Receiving the Small Cap Network Newsletter in multiple locations is the best way of making sure you don't miss the next investing or trading opportunity! 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To the degrees enumerated herein, SCN should not be regarded as an independent publication.  Click Here or go to http://access.smallcapnetwork.com/compensation_disclosure.html to view our compensation on every company we have ever covered, or visit the following web address: http://access.smallcapnetwork.com/profile_disclosure.html for our full profiles and http://access.smallcapnetwork.com/short_term_alerts.html for Trading Alerts.  TGR Group LLC has been paid a fee of $30,000 and pledged 150,000 warrants with an exercise price of $2, currently convertible into restricted shares of Clearly Canadian, by Level III Research, for its coverage of Clearly Canadian. TGR Group LLC has been paid a fee of $25,000 and 150,000 shares of newly issued restricted stock by Cel-Sci for coverage of the Company. 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