HPNN - Another Bottom Buster Called By The Guru

We alerted readers to HPNN as a possible bottom play last week. It has since crept up over 50% from out initial alert on reasonable volume.

Obviously if you are up 50% now is the time to take some off the table. If you have yet to take the leap, then maybe a few more days of waiting this one out won't hurt. Make sure the selling doesn't resume in earnest.

HPNN could see significant upside from today's close. I don't think $.003 would be asking too much.

FTCH - What You Hope For Everytime You Buy A Pink Sheet Stock

FTCH has surged 5 fold since being alerted on this blog last week. The stock has come under impressive buying pressure and touched an intra-day high of $.148 from our alert at sub $.02. 700% - not so bad for a days work.

FTCH is really giving Pink Sheet stocks a good name. See... not all of them are scams. Not all of them suck away your money and reverse split. FTCH has risen on ever increasing volume. It has risen with impressive news releases and a growing buzz.

Of course there is always a time to sell and sometimes a stock can get a little long in the tooth. But FTCH seemed overbought at $.06, now its trading at $.10. At this stage $.20 is not even100% away. This should be a short term target for the stock.

Like we said before - FTCH is a stock to watch through the summer.

Monday, May 4, 2009

FTCH - Follow The Money
FTCH has been range bound the last few weeks and looking for a direction. Today the market gave it some direction with record volume and a roughly 50% rise in the stock. With penny stocks dollars speak louder than words. In other words, when a penny stock experiences record money volume to the upside a breakout could be in the offing. The stock consolidated around the .012 - .018 level and has since broken out above its resistance at .02. This bodes well for more upside tomorrow and over the next several trading sessions. FTCH will be a stock on our radar well into the summer months.

EQUR - an 800%+ run we called not long ago

EQUR surged to new recent highs today amidst a flurry of buying volume. The stock continues to mirror the big boards and trend to the upside. We alerted readers to EQUR back in March when it came under impressive volume after several months of dormancy.

We have a knack of finding those stocks that have suddenly come to life. Some of you might remember our call of PGYC and its subsequent run from sub-penny to over $.08. EQUR looks well on its way to a similar run.

Back in March we had this to say about EQUR:

Sunday, March 8, 2009

EQUR - Equus Resources, Inc - Place On Watch List
Equus Resources, Inc encountered some impressive price action on Friday. The stock soared from triple zeros to the high half penny range. As always unusual price action usually precedes MORE unusual price action. So much like the big boards follow the momentum.EQUR could surpass the .01 mark on Monday en route to a $.02 target here by the penny stock gurus. Trade this one on nothing other than price appreciation and volume. If it lacks these two characteristics than check back here on Tuesday for the next stock to watch.

EQUR has surpassed our most bullish targets by over 100%. I'd say that is pretty impressive.

Check back soon as we will surely be able to uncover another 800% runner in the near future.

FTCH - Follow The Money

FTCH has been range bound the last few weeks and looking for a direction. Today the market gave it some direction with record volume and a roughly 50% rise in the stock.

With penny stocks dollars speak louder than words. In other words, when a penny stock experiences record money volume to the upside a breakout could be in the offing.

The stock consolidated around the .012 - .018 level and has since broken out above its resistance at .02. This bodes well for more upside tomorrow and over the next several trading sessions. FTCH will be a stock on our radar well into the summer months.

HPNN - Calling All Bottom Fishers

Trading penny stocks, when you get down to it, is really a simple game. Just like the big boards you buy low and sell high. The problem lies in trying to ascertain where the low is and where the high is. You can get burned very easily buying a .001 stock at what you thought was the low only to find it trading at .0003 a few days later. Your "investment" at .001 is cut significantly because you jumped the gun. Of course the stock could have surged after you made your buy.

HPNN has been stuck in a recent downward trend. Today the stock dropped anther 35%+ and looks ripe for the plucking. Keep your eyes on HPNN. It might touch new lows or .0011 could be a bottom.

Making money trading penny stocks involves finding stocks that have sold off substantially while still holding value as a company. HPNN might be one of those stocks.