Friday, March 28, 2008

Mid-Day Update- EESO, MLXO

EESO has soared 180%+ today on continued buying volume. The stock looks poised to hit $.01 + if the current bullish consensus in the market remains. Profit taking is being done on the ask which is nice for a change, and might explain why the stock has soared so quickly. If the company keeps fund raising to a minimum the stock could easily surpass $.01 and possibly $.02.

MLXO is selling off some in the mid-day. There are many holding this stock for years and have been looking for a chance to exit with anything they can get. But the ironic part is that MLXO is just getting started. Those holding now will be looking at huge gains over the next few months. MLXO is one of the rare penny stocks that you can hold today for 3-6 months down the road.

Have a great weekend.

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