Thursday, September 23, 2010

Friday's Stocks To Watch - THES, BFHJ, ICBU, UWRL


THES pre-market bid stomping brought the stock down right out of the gate today. It didn't get much of a chance to breath as the stock couldn't muster much of a rally. The main problem is the lack of buying pressure. Market makers and shorts can scare longs into selling by hitting the bids. I think that is what happened today. Tomorrow THES starts the day out of over bought territory and looking to regain its footing into the weekend.
BFHJ the casino is just about ready, as evidenced by the web site. This is huge news for shareholders who have been waiting patiently. I think this could send this stock much higher from here. My previous targets are still valid. This is a stock to watch the next few weeks.
ICBU it was a battle today as the stock was able to post yet another solid close. This is a stock you need to add to your watchlist if you haven't already. Look for it to break through recent highs tomorrow.
UWRL finally UWRL. This stock briefly hit $.0006 before closing at $.0008 on a few small blocks. There is no doubt in my mind that this stock has bottomed. Support is strong and I look for UWRL to work its way higher from here.

1 comment:

Anonymous said...

Hi Guru,

I really, really think it is time to take a look at RNWF - Renewal Fuels - once again. The chart looks great, with steady accumulation over the last few weeks. Even with no news this stock can triple, as it has done a number of times in the past year. I'd love for you to cover it again! Volume has been picking up lately. Thanks for all your hard work!

f2s