Sunday, June 21, 2009
NXHD, BUNM - This Week's Lotto Plays
We brought BUNM's unusual volume to your attention last week. It is still trading in the $.0001 - $.0002 range with above average volume. Once the resistance at $.0002 is broken BUNM could be poised to surge at least several notches higher, possibly putting its $.0008 high of a few years back to test.
Add NXHD as another $.0001/$.0002 stock to watch this week. This one got hit with almost 400 million shares of volume on Friday. Keep in mind this stock did a 1000-1 reverse split less than a year ago, and while history usually repeats itself, NXHD could see some more upside before the next reverse split comes into play.
Put these both on your watch list this week.
Add NXHD as another $.0001/$.0002 stock to watch this week. This one got hit with almost 400 million shares of volume on Friday. Keep in mind this stock did a 1000-1 reverse split less than a year ago, and while history usually repeats itself, NXHD could see some more upside before the next reverse split comes into play.
Put these both on your watch list this week.
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