Tuesday, May 11, 2010

Wednesday Stocks To Watch - CIND, SPAL, KATX, RNWF

CIND is still being accumulated. I suspect another push to $.10 and beyond lies on the horizon.

SPAL burst much higher today on merger speculation, briefly hitting $.075 a share. I do think this stock, just as a shell is worth $.02-.03 factor in the name change and reverse merger prospects and you are potentially looking at a $.10 or better stock.

KATX after many months KATX has finally broken $.10. This opens up the potential for $.20 and beyond. Keep this high flyer on your radar. This third leg, if it is anything like legs one and two, will run 500% or better.

RNWF once again traded erratically. I still cannot figure out exactly what is going on. I am hoping Wednesday will give more clarity.

4 comments:

Anonymous said...

RNWF is doing horrible lol. i lost 400$

Anonymous said...

Rnwf is nothing more than a pump and dump imo. Just because someone buys a crap load of shares doesnt mean there is for sure news on the way. This is indicative of its run for 75% and then losing all of its gains and retracing all the way back to where it is now at .0014 from two days since the rally. Lucky to get out when I did...Guru check out HFBG and tell us what you think...

Anonymous said...

Cind, again, a good volume and attempt to break its new high today, still under accumulation, good recommendation gurus!

JacksonR said...

RNWF isn't anymore of a P&D than ETLS. Same story, same prospects. Settled at .0016 today...will be interesting to see where it goes next.