Tuesday, May 4, 2010

Stocks To Watch Wednesday - MXXH, CIND, SSWC, FRGY


MXXH I do think this stock is going to head higher over the next several weeks.  My short term target is $.005, and if the company issues a press release outlining recent developments I think the stock could even see $.01 in short order.  Today's action was heavy, but I think those buying on the dips today will be rewarded down the road.

CIND continues to hold its ground and looks ready to mount another move higher.  As I've said before, when news hits the wires this stock will get explosive.

SSWC at $.0003 offers a compelling merger play.  I see this stock trading over $.004 a share once it becomes active again.  That is over a 1,000% gain from Tuesday's close.

FRGY posted a promising close and is making strides toward new recent highs.  If the trading continues to be healthy and the stock slowly moves higher, I think $.003 would be a reasonable short term target.

1 comment:

Anonymous said...

Why would you think that SSWC.pk would go up to 0.004?