Wednesday, May 14, 2008

Stocks To Watch Thursday May 15th - UDHC, PGPM, LTDI, SPRL

UDHC is a new symbol for Ulysses Holdings the former symbol being UHCR. This was done to combat manipulation of the company's stock according to recent press releases. The stock saw some pretty significant gains today. When the UHCR shareholders shares settle into UHDC shares the stock could see some additional selling from those looking to lock in profits. But for now UDHC looks like it could continue to head higher here.

http://pennystockgurus.blogspot.com

PGPM closed up over 200% on Wednesday. GCOG started out with a similar gain and then blew past $.01. PGPM could see something similar before weeks end. Keep it on your radar.

http://www.pennystock-forum.com


LTDI had a press release on Wednesday as the stock hit a recent high of $.002. Then the sell off began and it did not stop until the stock hit $.0005. It was an amazing drop for a stock that seemed to be getting significant volume and attention. Why the sell off? The most obvious answer is that the company sold shares after the press release came out, of course that is just a guess but likely the right guess. Most companies dilute shareholder value and the stock drops 10-20-30% but to go from $.002 to $.0005 is almost criminal. The stock could have a bounce in it tomorrow. Play the bounce and move on.

Have a green Thursday.

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