Thursday, March 13, 2008

Stocks To Watch On Friday March 14th - AMHD, BUNM, UHCR

UHCR continued to address a possible share discrepancy today with a press release stating how their auditors expect them to deal with this problem. One solution was purchasing back 4 million UHCR shares on the open market. That alone could create an enormous upside for the stock. Even if the company doesn't purchase a single share, others will surely be doing so in their place, so expect plenty of upward movement on UHCR on Friday.

AMHD issued a press release today and the stock moved higher with an impressive close. With a high outstanding share count the stock has required a lot of volume to get it moving, and finally it appears to be breaking through some resistance in the high .002's. A close above $.0035 tomorrow would be very bullish.

BUNM lost some more market makers willing to sell at $.0002 today. Essentially the amount of shares available at .0002 is shrinking with each trading session. Two things to note: there appears to be very little selling of stock over the last week or so and the Hypster.com property continues to grow at an impressive clip. Combine those two and you have the right ingredients for a move past the .0002's and well into the mid .000's.

Have a green Friday and a great weekend.

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