Penny Stocks To Watch: WGLT ETIM WTVI RSDS BANY ILGY

If you look to last Friday's article: http://www.pennystockforums.net/GH_ShowArticle.asp?HID=45&CATID=12345 you will see that none of our picks performed as planned. They all stayed pretty much even for the week. So if you followed our article you would have made nothing, but also would have lost nothing, save for broker fees.
With Penny Stock sometimes you are lucky just to break even. The SEC wouldn't warn about trading stocks under $5 if penny stocks weren't risky. Realistically they are a gamble, but the house doesn't always have the advantage. This is becoming an article that I will write another time. For now I'll briefly focus on the week that was and the upcoming week.
I don't know if anyone watched WGLT this week. It tanked and just when you thought it had dropped enough, it tanked some more. WTVI dropped to lows it hasn't seen in a while. BANY continued to slide after temporarily rebounding last week. ETIM reached new recent high's surging from the .004 last to .0075 - a nice gain from when Jimmybob covered the company a few weeks ago. RSDS traded in a fairly similar range all week. It was up a little in the a.m. and down a little in the afternoon. ILGY basically held its ground and did not move as expected. PMCL fell back to the low $.03's and then rebounded late yesterday to the high $.04's for a pretty gain! All in all it was a quiet week, save for those that held BHUB. The stock moved quicker than Shakira's hips and could have been a 500% or more gain recently, even if you were not lucky enough to have purchased at .0002. I think BHUB represents what we all what when we trade Penny Stocks: Excitement, Anxiety, and ultimately a heck of a lot more money in our brokerage accounts.
The coming week should provide more opportunities to make money. I truly believe ILGY will make us some money this week. A company update is close at hand, and that alone would propel the stock. If you have watched recent trading activity it has yet to drop below $.0005. To me that is now our bottom. No one is selling below that price, which means we can only go up from here. This is my crystal ball: The company issues a PR either Monday or Tuesday and the stock is trading above .001 by the end of the week. Even without PR I have a good feeling we are heading higher because oil prices are heading higher. Of course do your own research and feel free to chime in about ILGY: http://www.pennystockforums.net/forum/forum_posts.asp?TID=117&PN=1&TPN=2
Some stocks that to look out for this week include: ONGO and ATLJ. I will write why I think these two stocks are ready to rise in another article later this weekend. Happy Easter.