Wednesday, February 27, 2008

Stocks To Watch Thursday - CIRT, MNDP, BUNM, HCPC

The volume on HCPC this morning brought back memories of .0001 old. Last Spring BigHub (BHUB) and its little brother Leasemart (LSMJ) soared from .0001 just like HCPC looks poised to do. The difference is BHUB and LSMJ were shell stocks and were not actively updating their investors. BHUB rose from $.0001 to a high over $.007. LSMJ broke through the low $.002's but couldnt sustain the momentum like its big brother. HCPC could be the next big .0001 runner that we will all be talking about next year. It has the attention of investors, a strong business plan, and a possible share repurchse program that will only increase shareholder value.

The PR HCPC investors are waiting for is that share buyback announcement. Also the company has arranged $400 million in financing! If that deal closes we could see even more money and momentum come into the stock. For now HCPC shareholders are dreaming of huge price per share gains. A break of $.001 by Friday would be a substantial move. Thats what I called yesterday and I hold to it today after a close of $.0003 on over 1 billion shares traded. A 1,000% gain in less than a week, arent penny stocks great?

CIRT is on bottom watch for Thursday. This stock has fallen dramatically on reasonably low volume the last few weeks. With any buying pressure this stock could easily head back over $.01. Also take into consideration that dilution does not appear to be an issue as the outstanding shares of 133 million has not changed since December. The selling has likely been impatient shareholders. The play is that the selling has gone too far. We'll see if we are right. The company's web site is here http://www.cardio-cor.com/

I wrote this yesterday about BUNM "Their main site http://www.hypster.com/ just surpassed the 250,000 member mark as I type. This is a very big milestone that will likely be pr'd. " Sure enough a news release came out this morning about the huge milestone. Like i said previously this is a growing company that keeps adding web sites to its portfolio. Its lead web site Hypster.com is growing in leaps and bounds. The story here is compelling for a stock that closed the day at $.0001. We'll see if more people find interest in this stock over the coming weeks. This will be another .0001 stock to watch, just like HCPC.

MNDP looks like it has bottomed, just like CIRT. Keep this one of your radar for the time being.

Discuss these stocks at our web sites:

http://www.pennystockforums.net
http://wwwpennystockforum.net

Have a Green Thursday

1 comment:

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