Thursday, February 4, 2010
Friday's Watchlist - IMJX, WAMUQ, SKGO, GBOI
IMJX surged higher today as risk takers decided this stock has more room to go. These triple zero stocks seems to be on fire as of late.
WAMUQ held its ground today in line with its support on the charts. I favor this stock above $.20 and would be a seller if it falls below this mark.
SKGO sold off today and really needs to hold its ground in the mid - $.003's for me to be a believer that more upside potential exists. For now I view this stock as the $.0001 stock it was... although I have no problem being proven wrong.
GBOI is a stock I'd let fall a little more before buying. With the record volume today there is little doubt that heavy dilution was the culprit. I'd wait until the shares dry up before taking a position.
WAMUQ held its ground today in line with its support on the charts. I favor this stock above $.20 and would be a seller if it falls below this mark.
SKGO sold off today and really needs to hold its ground in the mid - $.003's for me to be a believer that more upside potential exists. For now I view this stock as the $.0001 stock it was... although I have no problem being proven wrong.
GBOI is a stock I'd let fall a little more before buying. With the record volume today there is little doubt that heavy dilution was the culprit. I'd wait until the shares dry up before taking a position.
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GBOI? or GBOE?
You must mean BGOI. They have been dumping millions of shares since they increased their OS last week.
This stock is a mess.
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