Monday, August 23, 2010

Tuesday Stocks To Watch - UWRL, XYNH, PRGJ, CLDR


UWRL make it six straight down days for the stock. The bulls are ducking and waving their white flags, while the bears are trouncing on their fox holes. I tweeted UWRL at $.0011 today and I think this was a capitulation day. The stock should mount a violent rally from here.

XYNH the potential for this stock is enormous. Investors have neglected to factor in the demand for their products, namely the Hydro X Assist. This is a revolutionary product. One that most thought the company had given up on. In their most recent press the company reveals that research is still being done! This is excellent news for shareholders and may mean the company is closer than anyone had thought to bringing this product to market. As I said in my post on Friday, what trucking company wouldn't want to reduce their fuel costs by 80%? The demand for the Hydro X Assist will be astonishing. XYNH's stock will clearly benefit from these developments. I could see this stock trading back toward its 2009 highs and beyond if this product ever hits the market. This stock is a pure reflection on why people trade penny stocks. Owning stock in that potential blockbuster, whether that be a new drug or a revolutionary product that changes the lives of people all over the globe, can make you instantly rich.

PRGJ another gain for the day and a close of $.016. The stock is inching closer to my $.03 short term target.

CLDR this stock mounted a late day run that featured a frenzy of buying almost exclusively at the ask. If it wasn't for the sound of the closing bell this stock could have hit $.0035 - $.004. I suspect that is what will happen tomorrow if the buying resumes.

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