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 - 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.
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