Monday, June 14, 2010

Tuesday Stocks To Watch - SSWC, TTXP, TCLIF, NWTT, KATX


SSWC today's rally off the session lows was an encouraging sign for this stock. The dips continue to be bought, and to close down only $.0001 on such a volatile day is a testament to the resiliency of this stock and its investors. This bodes well for the stock going forward.

TTXP traded in a narrow range today, but that could change as the week progresses. Last weeks news is still getting digested and the reverse merger will add significant value to these shares.

TCLIF this lotto stock continues to see buyers and I feel a nice run is in the cards. It could come as soon as tomorrow.

NWTT the $.0003's continue to be under pressure and I suspect they will be gone if the current rate of buying persists. At some point NWTT will trade 100-200% from these levels, it is only a matter of time.

KATX a very disappointing day for shareholders. The stock rallied some what after it fell, but now we need to see how this stock reacts. We need a strong rally tomorrow otherwise KATX will either consolidate for 3-5 weeks or continue to fall further. It looks like the more gains scenario for leg 3 is now off the table.

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