TNXI, a Guru's Buy and Hold, surged over 30% higher today, before settling up 22%. This is the start of the run that will bring this stock to the targets the Guru set last month when I made it a Buy and Hold: http://pennystockgurus.blogspot.com/2010/03/tnxi-added-to-gurus-buy-and-hold-list.html Short term $.25 Long Term $1.00+
EMXC rebounded smartly from an early session decline as buyer swooped in to take advantage of the under valued shares. The stock briefly posted 10%+ gains before pulling back slightly at the close. The stock has solid support at $.006 and some tough resistance at $.007. There have been two tries to break the $.007 barrier, each of which have been unsuccessful. The third time should be the charm. A break of $.007 would make the short term target that much closer.
KATX I expect this stock to open much higher tomorrow. You should have been listening to the Guru the last few months. I have a feeling those who did will be very, very happy.
SPMI released their annual report after the close, posting a $.01 profit. Currently trading at $.085 a share the stock is undervalued compared with its revenues, net income, assets, and cash on hand. They also anticipate opening new stores in the coming months. This growing, profitable, sub $.10 stock should be trading at much higher levels.
CDIV I end with my chart of the day. The last time I had CDIV on the blog it was trading at $.28 a share and I noted how an investment of $1,000 at $.01 would have been worth $28,000. It turns out an investment of $1,000 at $.01 would be worth $57,000 today. Not bad for a few months of watching a stock trade.
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