Monday, May 17, 2010

Tuesday Stocks To Watch - SPAL, KATX, SSWC, NWTT




SPAL hit a high of $.038 today before pulling back a little. I think the recent high of $.075 is within reach. With the low share structure and looming merger, this stock is a bargain at these prices.

KATX I see $.20 coming sometime this week. The question is what happens after it hits $.22. Does it go higher, or will that be the top?

SSWC has begun to move higher. I see $.001 as the next logical point of resistance. A break of that price and the air gets thin to $.002.

NWTT this stock is in the cusp of a major break out. At $.0002/$.0003 the risk reward ratio is low, meaning buying at $.0003 could pay off handsomely down the road.

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