Penny Stocks To Watch Today - CCWW, HMWM, PFUO, SHMM

CCWW some promising news last night for the shell stock. This one should head higher today. The tradeable float is significantly less than the 1+ billion shares outstanding.

WESTPORT, CT--(MARKET WIRE)--Nov 6, 2007 -- Cable & Co. Worldwide, Inc. ("Cable") (Other OTC:CCWW.PK - News) has reached an understanding to purchase Quantum Research Services, Inc., doing business as Aspen Media and Market Research, Ltd., a Colorado corporation ("Quantum"). www.aspenonnet.comADVERTISEMENTHeadquartered in Colorado, Quantum is in the business of providing market research services, including research field services; circulation - subscription renewal and acquisitions; sales lead qualification program and specialized services; relational database creation and list consolidation; and print-to-electronic file conversion. Quantum had sales of $5.4 Million with an adjusted EBITDA of $405,000 for the year ended June 30, 2007. The closing of the Acquisition remains subject to various conditions, and it is currently anticipated that the Acquisition will be consummated in or about January 2008. Additional news regarding Cable's business plan will be released later this week and over the course of the next several weeks.

HMWM trading at .0002 had no volume until the early afternoon and then was up 100% for the day on a great deal of buying. This could be a sub-penny stock to watch for the next week or so. Apparently the company is now registered under another name, we haven't had a chance to verify this information.

PFUO has garnered some momentum this week after bottoming out below $.002. This one could touch $.01 before the week is out.

SHMM has been trading sideways since it soared from $.0015 to $.012 over the span of a few days. We feel it is setting up for another run. Keep your eyes on it.