Thursday, August 19, 2010

Friday's Stocks To Watch - UWRL, XYNH, PRGJ, HTLJ, APCX

UWRL fell a few more point today on it highest volume day in over a month.  I think the buyers will swoop in tomorrow and the stock will close a few points in the black for the first time this week.  Absent new company development this stock may consolidate for another few days.  I still hold my $.006 short term target which makes current prices a great opportunity.

XYNH this stock had a very impressive session today.  It truly is coming back to life.  The buying action was palpable as investors were ready and willing to buy their position on the ask rather than the bid.  I suspect shares will be tougher to come by in tomorrow's session.  Consequently XYNH could see a nice rise during the session.

PRGJ this stock is a triple waiting to happen.  The company released financials and share information to Pink Sheets a month ago.  The numbers, in my view, make  PRGJ a $.05 - $.10 stock.  It may take some time, but the market has a keen sense of value.

HTLJ undoubtedly the most undervalued stock out there right now.

APCX this stock is rallying after under going a process that seems to be gaining popularity.  I have coined the phrase "Dump and Run" to describe the act of dumping a stock down to low triple digits and then running it.  It seems penny stock traders are drawn to the low price and help with the run once the dumping is done.  We've seen it work before and APCX is just another example.  I could see APCX hitting $.002 - $.0025 before any type of selling resumes, which means more gains are in the cards for shareholders.

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