Monday, April 19, 2010

Stocks To Watch Tuesday - BUNM, SSWC, KGRI, ICTY

BUNM posted an impressive session on Monday hitting the Guru's first target of $.0004.  There are many shares to trade through and that is exactly what happened on Monday.  The stock should be ready to make a move at the .0004's and .0005's on Tuesday.  That would put the goal of $.0006 on tap for Wednesday.  BUNM's Hypster.com property gives the stock more value than investors are giving it credit for.  Absent any new shares hitting the market, which I do not see, BUNM could be trading well over $.001.  Keep it on your watchlist.

SSWC met some resistance today at $.0009.  If a merger is announced $.0009 will seem like quite a bargain.  The stock closed one tick higher from Friday's close and built a solid base for the week.  A close at $.0007-$.0008 would be welcome for shareholders, but remember the merger news for TPHM and BGNN put those stocks well over $.004 a share.  SSWC is a bargain at these prices should s merger come into the shell.

KGRI the Guru gave this stock as a bottom play to his subs and readers last week.  It does look to be coming to life after a strong showing on Monday.  I think a $.001 break would be very bullish for this stock.

ICTY  news today gave this stock a little burst before it fell into the close.  I'm interested to see what this stock does tomorrow.  It has broken out in the past, but it bears watching nonetheless.

4 comments:

The Postal Service said...

Check out GEGP! 376 mill today as I am posting this on a company that has been inactive since 2005. Posted an S1 filing, insiders own 40%...

Anonymous said...

what's up with BUNM? It's down to 2 on the ask...Are you still looking to higher PPS?

Unknown said...

Hi Guru,

Do you think this thing lost steam?

Anonymous said...

0-4 dang