Dow Jones 12961.98 +153.35 9:59 am PDT, April 21, 2007 NASDAQ 2526.39 +21.04 For info, visit access.smallcapnetwork.com S & P 500 1484.35 +13.62 Change your subscription status here Russell 2000 828.86 +9.54 VOLUME 07: ISSUE 42 CCBEF: Quick, While Nobody's Looking There's an old saying "the squeaky wheel gets the oil." It's just a cute way of saying whatever it is making the most noise will usually get the most (and most immediate) attention. I think the same is true for stocks. However, when it comes to stocks, I've also observed how the opposite of the cliché often should be true......sometimes, the best opportunities are the companies just laying low, focusing on doing whatever it is they do.  Case in point - Clearly Canadian (OTCBB: CCBEF). We've heard a little bit from Clearly over the last few weeks, now in their post-rebuilding phase. However, they haven't felt the need to clamor for attention. I can appreciate that. All too often, it seems like a press release is an attempt to make something more than what it really is. In Clearly Canadian's case, I just get the feeling they're mostly focused on executing the plan (driving sales), and less concerned about hype.  The reason I feel investors should care? Sometimes the best time to become a stock owner in a good company is when most everyone else isn't thinking about it. With demand not being frantically bolstered, it's a chance to find some bargain prices.....before any demand does get frantically bolstered.  I think Clearly Canadian might be a prime example of this 'timing is everything' scenario. Check out some of the recent highlights, and then check out the chart after that.    Did You Know? Though they may have been slightly off the radar over the last few weeks, Clearly Canadian has actually been making big strides for its shareholders. Just take a look at these highlights....  The company attracted $3.5 million worth of financing from some institutional-level names.....and they paid a per-share price above CCBEF's market value at the time.  Two California distributors were added. One of the key tenets of the new-and-improved Clearly Canadian plan is stronger distribution. Since January, we've seen some major distributors added to the army. Now, one of the biggest markets on the continent is getting big exposure to the Clearly line.  Clearly Canadian jumped into the organic snack food world by acquiring DMR Food Corporation.  The newest line - Natural Enhanced Waters - is now on store shelves. Specifically, chain-store shelves....a relatively new market for Clearly.  My Organic Baby - a new division made possible by the DMR acquisition - is being featured in Shoppers Drug Mart's (a major Canadian drug store chain) rewards program.  And let's not forget what put the company on the map in the fist place - bottled water. While all these other things have been getting launched, created, or acquired, Clearly Canadian continues to stay focused on (re)establishing itself as the premier name in the world of bottled water.    In Good Company I know I've already used "the squeaky wheel gets the oil", but there's another saying also in my mind right now...."birds of a feather flock together." The same can be true in the stock market, in a sense. While a lot of investors focus on picking the right stocks, they may not realize up to half the war is waged by the influence of sectors and industries. Ergo, a good company may be a great investment - if the sector is a strong one.  Well guess what.....Clearly Canadian is in some good company. First, just to establish an idea of the kind of potential CCBEF may have, we have to draw a comparison to another winner in the specialty-drink space - Jones Soda (NASDAQ: JSDA). The stock has only doubled since early March. Their earnings news was stellar, and interestingly, Jones followed up a few days later with the launch of a pure cane-sugar line of drinks. It seems to have started a buying epidemic.  But, the compelling part of the Jones Soda story to Clearly Canadian's investors may be this....their growth plan is quite similar to Clearly's. Their core product is a niche soft-drink concentrate sold through non-mainstream channels. But now, the company is starting to look at major retailers as possible distribution channels.  Does any of this ring a bell? More health-oriented ingredients, novel flavors, a niche product looking to go mainstream.....all things Clearly Canadian is doing too (and in our opinion, can do just as well). We're taking a cue from the Jones Soda story, thinking Clearly Canadian has comparable potential.  The follow up question might be 'Couldn't Jones Soda just be a stroke of luck?' Our answer? Yes, it could be - but we don't think it is. Like we mentioned a moment ago, Clearly Canadian is in some good company, as most stocks in the industry have been doing quite well.  Check out the nearby chart of the Dow Jones Soft Drink Index (DJUSSD). The index is up nearly 20% over the last 52 weeks, with a big chunk of that move being reaped by very recent momentum. While the index itself is predominantly made up of large caps, we contend there's also incredible potential from the smaller names in the industry. And yes, this includes Clearly Canadian.  In fact, I'd go as far to say I'd rather take a look at the smaller companies in this segment. The Dow chart itself looks a tad toppy. However, I think the smaller stocks within the group (which aren't in the index) are likely to find quality buyers once the initial euphoria of the larger names wears off. My point is, I feel the potential has been proven.    Timing is Everything Although bullish in the grand scheme of things, I've been watching this stock trade in a range for several weeks now. During this time, I've noticed a couple of key things worth mentioning that may make now a great time to consider becoming an owner.  Take a look at the horizontal line at $2.40. I think the bulls have drawn a line in the sand there. It's been tested three times in the last five weeks, and each time it's held up as support -with the last instance on Wednesday thrusting shares 29 cents higher by the end of the day. Of course, with the way CCBEF moves in tandem with its stochastic chart (just an oversold/overbought indicator), I wasn't really surprised to see a rebound off that low. With that in mind, we're not yet back to 'overbought' levels, so we may have at least a little room to move to the upside.  What really gets me excited, though, is when I take a step back and look at the much-bigger trend. Though up-and-down since November, the 'ups' have been bigger than the 'downs', and I still see an uptrend in place. Just take a look at the orange trend lines framing the chart. Needless to say, we're currently well on the lower side of an expanding range. I just have a feeling this pattern is going to keep on playing out until we finally see the stock get enough traction to break out - and stay broken out.  The bottom line is simple - between the kind of expansion the company is creating, and the stock's recent dip, I've got to believe CCBEF is a bargain right now. I'll just remind you that some 'smart money' just bought shares at $3.00 when shares were trading at $2.85. Now they're trading at $2.65?!?! I don't see too many opportunities like that. Our suggested target remains at $5.15....94% above the current trading level.      We Value Your Feedback   Got comments, questions or suggestions? Send 'em on over: Email the Editor 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 Phinder Lays One of the Last Pieces of the Puzzle Phinder Technologies (OTCBB: PHDT), through its Zupintra subsidiary, has integrated the 'Talking SIP' platform into its infrastructure. I didn't know what it meant either, but here's what I learned from the company....  SIP stands for 'session initiation protocol', which is simply software that makes their service work. The 'big deal' is just that their capacity will greatly increase, allowing them to start offering service to the likes of AT&T, Verizon, Qwest, and others. I don't know what was in place before the SIP, but it's my understanding that there's not a comparison.  In addition to the capacity, this particular SIP application also manages the billing aspects associated with its use. Overall, I'd consider this one of the last pieces of the puzzle to be put in place before the Phinder machine really gets up and running. Like we said a few days ago, we really do feel we're at the ground-floor, watching the company take flight - in a meaningful way - right before our eyes. We think investors are coming along for the ride.  For more on the news, click here.   Challenger Reports Year-End Numbers We finally heard the word - Challenger Powerboats (OTCBB: CPWB) has filed their annual accounting statements, which includes full-year sales, expenses, and earnings data.  They did $280K in sales the last quarter of last year, and ended up doing $238K for the year. Yes, that means without Q4, they would have had negative sales. In Q2, they had to book a major return-to-vendor, which is deducted from revenues. They were able to increase their inventory by the same amount though. They lost 16 cents per share in 2006, versus a loss of 14 cents per share the year before.  For the complete filing data, click here.  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. 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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 cash and 1,000,000 shares of newly issued restricted stock by Phinder Technologies, Inc. for coverage of the Company.  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. The aforementioned shares have become eligible to be free trading as a result of a registration statement. 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