Stocks To Watch Today - RVGD, ONMC, GWTR

RVGD - Revenge Designs surged to new recent highs yesterday on an amazing dollar volume for a Pink Sheet stock. The stock sold off at the end of the day as traders took some profits off the table. Remember this stock was trading as low as $.0012 only a few weeks ago, so the stock is still going to face profit taking as it climbs.

ONMC dropped to .07 yesterday making for a good buying opportunity. The stock could see $.10 again before to long.

GWTR has been on our penny stock radar for months now. The stock is under tremendous accumulation, yet still lacks interest from the investment community. Slowly the volume has been picking up as has the price per share. We expect this trend to continue and see GWTR as having the potential to reach $.01 in the future.

As always everything we post is just our opinion. You can lose you entire investment trading penny stocks. To discuss these stocks or others head over to our forum at http://www.pennystockforums.net.

Stocks To Watch Today - SGGC, RVGD, COPI

SGGC and RVGD both look ready to head back over $.01. Each stock has recieved considerable volume the last few weeks and look poised for runs back to their original highs. Keep them both on your watch list the coming days.

COPI has had a memorable run that looks ready to continue. The stock has also been under some serious accumulation the last few weeks. That trend should continue after a brief sell-off slowed the stocks momentum.

Always check our site for stock picks, news, and utilize our forums at http://www.pennystockforums.net

Stocks To Watch Today - IAHL, RVGD, ABVG, ONMC

IAHL announced news last night that surely will "Propel" its stock much higher. They have acquired Thrush Aircraft. www.thrushaircraft.com For a stock trading at less than $.10 a share this is a very large announcement. Also consider that prior to this acquisition the company had no real source of revenue. Now they will have a multi-million dollar revenue stream. IAHL will be a stock to watch going forward.

RVGD is another stock to keep your eyes on. Dilution appears to be over and the stock is starting its run back up into the penny range. It could be another 200% + gain from these current levels.

ABVG and ONMC are both gaining some momentum and attention recently. Look for both stocks to continue to appreciate in value.

Have a green Friday and enjoy your weekend

Cramer's 'Mad Money' Recap: Ugly Market Limits Picks

Cramer's 'Mad Money' Recap: Ugly Market Limits PicksBy TheStreet.com Staff1/4/2008 8:01 PM EST"Everything in this market has been poisoned by the Federal Reserve," Jim Cramer told viewers of his "Mad Money" TV show Friday.The only stocks Cramer believes will work in this market are in infrastructure, oil, agriculture, aerospace/defense, health care cost-containment and gold."The Cramer rant heard around the world doesn't really sound too crazy anymore, does it?" Cramer explained. "The Fed has become more than a travesty," he said. "They've been so consistently wrong, they should be ashamed of themselves."These turbulent markets were very easy to foresee, but the Fed didn't move aggressively last year, Cramer said. He said he tries to be bullish, but admitted it's hard in this environment. Out of the 6,000 stocks he follows, Cramer was able to identify only 40 to 70 names that he now finds attractive.Cramer cited PepsiCo (PEP - Cramer's Take - Stockpickr - Rating), Coca-Cola (KO - Cramer's Take - Stockpickr - Rating) and Altria (MO - Cramer's Take - Stockpickr - Rating) as good defensive names, along with Medco Health Solutions (MHS - Cramer's Take - Stockpickr - Rating).Cramer also warned viewers that "we may have lost the tech stocks." He advised sticking only with companies that are able to make their numbers, stocks like Microsoft (MSFT - Cramer's Take - Stockpickr - Rating).Tips From a Mutual Fund GuruIn turbulent markets, one strategy Cramer has found successful is piggybacking off institutional investors with great track records. One such investor is Ken Heebner, manager of the CGM Focus Fund. The fund was ranked No. 3 for the year and posted gains of 79.9% for 2007. Cramer looked at the fund's recent filings and compared them to less recent filings to see what Heebner had recently bought and sold. He found that Heebner has sold Hansen Natural (HANS - Cramer's Take - Stockpickr - Rating), MasterCard (MA - Cramer's Take - Stockpickr - Rating) and Transocean (RIG - Cramer's Take - Stockpickr - Rating). Cramer disagreed with the sale of Transocean.Heebner recently purchased Posco (PKX - Cramer's Take - Stockpickr - Rating), Arcelor (MT - Cramer's Take - Stockpickr - Rating), Vimpel (VIP - Cramer's Take - Stockpickr - Rating), Mobile Telesystems (MBT - Cramer's Take - Stockpickr - Rating), Research In Motion (RIMM - Cramer's Take - Stockpickr - Rating), Canadian Natural Resources ( CNQ - Cramer's Take - Stockpickr - Rating), Suncor ( SU - Cramer's Take - Stockpickr - Rating), Petroleo Brasileiro (PBR - Cramer's Take - Stockpickr - Rating), Cnooc ( CEO - Cramer's Take - Stockpickr), CVRD ( RIO - Cramer's Take - Stockpickr - Rating), Rio Tinto ( RTP - Cramer's Take - Stockpickr), BHP Billiton ( BHP - Cramer's Take - Stockpickr), Freeport McMoRan ( FCX - Cramer's Take - Stockpickr - Rating), McDermott ( MDR - Cramer's Take - Stockpickr - Rating), Foster Wheeler ( FWLT - Cramer's Take - Stockpickr - Rating), and Fluor (FLR - Cramer's Take - Stockpickr - Rating).Cramer said these purchases confirm his bull market theses in mining and minerals, agriculture, oil, and international markets and recommended taking a look into all of these names. Fooled by the Stock PriceCramer dispelled two market fallacies with a single stock in his "going-to-the- tape" segment. He examined recent moves in Darden Restaurants (DRI - Cramer's Take - Stockpickr - Rating), operators of the Red Lobster and Olive Garden chains, to show investors where they may go wrong in their evaluation of a stock.The day before releasing its current earnings, Darden closed at $36, he said. The next morning, the company missed earnings estimates by 9 cents a share and lowered guidance, causing the stock to plummet to $28.60. This big move may have led investors to think the stock is too cheap with its 2.7% dividend yield, but that is the wrong conclusion, Cramer said."Too cheap means nothing in this market," Cramer explained. He believes Darden has no reason to go higher. The company operates only in the U.S. and has failed to make its new restaurant concepts work, Cramer pointed out. "This is not a stock that's too cheap," he said, noting it is a stock that is making the painful transition from being a growth stock to being a value stock.Cramer noted that Darden is also a casualty of the ethanol craze. With the company's recent acquisition of Longhorn Steakhouse, it now suffers from the rising raw costs associated with corn-fed beef. "Everything Darden needs requires corn, and corn is getting expensive."Turning a Profit in a Tough BusinessCramer welcomed Cliff Hudson, chairman and CEO of Sonic (SONC - Cramer's Take - Stockpickr - Rating), to the show to discuss the company's recent success. He noted that while many restaurants are struggling to make the bottom line, Sonic continues to excel.Hudson attributed the company's success to innovation and growth, citing its "happy hour," half-priced drink promotion as one way it has sparked growth and increased traffic in a trying time for most restaurant chains. He acknowledged a "challenging environment with commodities and labor getting tougher," but sees price elasticity in many of their markets.Cramer pointed out that he's been behind Sonic since day one. The company still does not have national exposure but does have an aggressive stock-repurchase program.In the Lightning Round, Cramer was bullish on Halliburton (HAL - Cramer's Take - Stockpickr - Rating), Schlumberger (SLB - Cramer's Take - Stockpickr - Rating), Transocean (RIG - Cramer's Take - Stockpickr - Rating), Oceaneering International (OII - Cramer's Take - Stockpickr - Rating), FMC Technologies (FTI - Cramer's Take - Stockpickr - Rating), McDonald's (MCD - Cramer's Take - Stockpickr - Rating), Yamana Gold (AUY - Cramer's Take - Stockpickr - Rating), Barrick Gold (ABX - Cramer's Take - Stockpickr - Rating), VF Corp. (VFC - Cramer's Take - Stockpickr - Rating), Monsanto (MON - Cramer's Take - Stockpickr), Core Labs (CLB - Cramer's Take - Stockpickr - Rating),Cramer was bearish on Parker Drilling (PKD - Cramer's Take - Stockpickr - Rating), Western Refining (WNR - Cramer's Take - Stockpickr - Rating), Valero Energy (VLO - Cramer's Take - Stockpickr - Rating), NetSuite (N - Cramer's Take - Stockpickr) and Dendreon (DNDN - Cramer's Take - Stockpickr - Rating)Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.For more of Cramer's insights during the Lightning Round, click here.