Thursday, March 11, 2010

Friday Stocks To Watch - HFBG, EIGH, VGPR, GWTR



HFBG this stock, if you look at the chart, looks ready to make its next big move up after today's action took it out of the overbought territory.  If you follow the support line, a hold tomorrow, of today's close, would be bullish for this stock and I put a short term target of $.0025.  If it breaks the support line then I'd be waiting for a chance of re-entry.

EIGH this stock just won't quit.  Oddly enough after today's $.12 close I still feel there is more room for gains.  I would not be surprised if this stock hit $.20 in the very near future.

VGPR  this popular stock looks ready for another push.  Although I am not a big fan, I do know it is a tradeable stock with big price gain potential.

GWTR this stock saw some deliberate selling in the morning, followed by some decent recovery in the afternoon.  I added this stock to my buy and hold list because I felt the share price was not reflective of the company value.  I also like the share structure remaining stable for the last two years and the roughly 180 million shares that were returned to the company treasury.  These are all good signs and I expect the price to reflect this going forward.

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