Thanks for the thread MrAsia. I love looking for undervalued stocks under 5c.
My top pick for 2010 is definitely MMZ which is currently trading in the 0.007 to 0.008 range.
I took a substantial position recently after I heard from 3 separate reliable sources that MMZ are planning a huge world-wide Internet related project in the early part of 2010. I felt comfortable in taking a large position after researching and seeing that the 3 directors of MMZ had been buying large amounts of shares in recent times totaling over $400K. Simon Meadmore, who is the owner of the Pancake Parlour, has bought over $200K. This is usually a good sign when directors buy up big.
With the buyer outnumbering the sellers big time, and with the Top 20 holding over 75% of the shares, I am confident that when we get the news of exactly what MMZ are planning with their Internet project this stock will really fly.
