Monday, December 28, 2009

Watchlist - Tues Dec. 29th ---- GOIG, HESG, EVRN

GOIG posted its first significant up day in a very long time. Today's record volume also might draw some dilution questions.  It looks more like restricted shares turning into free trading than an increase in the authorized to the Guru.

Some readers might have seen our post about it this weekend when it was trading at $.0005.  Today it pushed resistance at $.0007 and looks to be ready for a big move in the coming weeks.

The guru's short term targets on this issue are $.0015 and $.0025.  We need the volume to continue and the shares to tighten up. 


HESG still holding its ground and posted a decent press release during today's session.  That release is pasted below.  HESG remains in a holding pattern.  The price action feels like it wants to go lower, but with continued news HESG still could break out.  Keep an eye on her this week.

EVRN is another stock that be brought to our readers attention.  This stock is in the process of bottoming and we expect a pop above a penny at some point in the coming weeks.

No comments: