MMTE continued to ascend closer to the penny level on consistent buying volume. This was fueled by a PR on March 26th
"Mammoth Energy Announces Signed Letter of Intent to Acquire Sport Technology, Inc. Market Wire "US Press Releases "WINSTON- SALEM, NC -- (MARKET WIRE) -- 03/26/08 -- Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) is proud to announce that the company has signed a letter of intent to acquire Sport Technology, Inc"
Tomorrow could be another up day for MMTE and it could hit $.01 with the right amount of volume hitting the ask.
EESO also looks poised for a continuation tomorrow. The stock bottomed out early today and then recovered as the day progressed. Accumulation was very impressive with very little profit taking from those who bought earlier in the day. EESO is a stock to watch on Friday.
MLXO pr'd right near the close what we already posted here the other day. But it should be good for more buying tomorrow for those who are seeing this news for the first time. Bottom line - MLXO is no coming back to life. And when value returns so should the price per share. It will only be a matter of time before MLXO pushes past $.01.
Have a green Friday and discuss these stocks and other penny stocks at our forums:
http://www.pennystock-forum.com/
http://www.pennystockforums.net/
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