Thursday, April 22, 2010
Stocks To Watch Friday - SSWC, AMHI, MXXH, TYTN
SSWC is still holding its ground at $.0005 even as volume has dried up. I do think this stock has a big move higher in its future. After a healthy bout of consolidation that move could come in a swift fashion.
AMHI sold off on Thursday amid a lack of bid support. I do think the trend for this stock the next few weeks and months is higher. With the CEO talking merger, and having a $6 million tax loss carryford at his disposal, things could get interesting as material events are reported.
MXXH this stock awoke from its slumber and burst higher today. MXXH posted a run over $.005 a while back and looks poised to see that figure tomorrow. Add it to your watch list.
TYTN got backhoed late in the session. I do think a bounce is in the cards tomorrow. This is a volatile and tradeable stock at the moment, and one you may be able to capitalize on if you pick your entry and exit points. At least until it settles down.