Monday, March 24, 2008

Stocks To Watch Tuesday March 25th - CGGP, HCPC, CIRT, AMHD

CGGP pushed ahead today closing at $.003 on some great buying volume. With a reasonable amount of shares in circulation this reverse merger play could approach $.01 or more depending on continued interest in it.

HCPC keeps hacking away at the wall at .0004. With billions of shares in the float and billions more restricted it is amazing that this stock is able to hold up so well amidst flurries of selling. Could the company finally be following through on its share buy back program? If that news is ever official this stock will soar to new recent highs very quickly. Until then its worth keeping an eye on it.

CIRT threatened to hit a new all-time low today. The stock has traded with relatively light volume and has received very little support on the bid. The last press release in February put the outstanding shares at 133 million, which is a very manageable number for a stock at .0009. If the company issues any kind of update the stock should bounce very quickly.

AMHD continues to trade in a solid range and looks poised to finally move higher. The stock has proven to be a flippers delight for some as the constant price swings gives a great opportunity to make money in the short term. But as the shares reach hands unwilling to sell, the stock should start to head higher, assuming the company keeps dilution at a minimum.

Discuss these stocks and others at http://www.pennystockforums.net and httP://www.pennystockforum.net

Have a green Tuesday!

No comments: