Wednesday, July 25, 2007

Stocks To Watch Wednesday July 25th 2007- EPGL BUNM GLLK MVBY MCCY

We keep EPGL as our main stock to watch today. If you look at the chart below each of EPGL's runs were preceded by a level trading period where ideally accumulation was taking place. The CMF is just about to go green officially signaling the buying that has been going on the last few days.




BUNM remains on our radar as a great lotto play. The stock has a low float and has been relatively ignored by the recent run in the sub penny market. It will only be a matter of time before BUNM breaks through the resistance at $.0002 / $.0003. The stock could potentially be trading over $.001 in the coming weeks.
GLLK hit rock bottom yesterday before bargain hunters swooped in for the kill. This might be a stock to watch for the next few days. If the company keeps printing shares - stay away. But any news release should boost this stock 50% or more.
MVBY continues to astound. Remember the stock is being promoted so it will drop soon, but how soon? HMIT, RCAU - remember them? They were also flying high for a while. Don't expect MVBY to hit $10.
Always set your entry and exit points. It is never bad to sell for a profit, even if the stock goes up another 100%.
Lets have a green day today!

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