Wednesday, September 15, 2010
Thursday's Stocks To Watch - EPGL, HTLJ, PRGJ, EVRN
EPGL could get interesting the last two trading days of the week. I've seen it happen many times with these $.0002 stocks. People wait until the market makers start leaving the ask at $.0002 before taking a position. They are intent to wait at the bid hoping to get in for a 50% discount. In the end they end up getting in at $.0003 or even $.0004 which will only help with the buying pressure when EPGL gets moving. Today almost all the trades were on the ask and this bodes well for tomorrow. Once a few market makers start moving up to $.0003 and $.0004, the shares at $.0002 will disappear in a hurry. The impetus could be a the release of positive developments by the company, or merely investors that have yet to hear about this stock. Either way the buying will come and this stock has a great chance to hit $.0008 - $.0012 short term.
HTLJ when insiders buy over 10% of the outstanding shares you know they have a good idea about where the price per share is headed. Just in the last month these insiders made a huge statement, yet the retail investor has yet to react as boldly. While volume is up, the stock has not moved. I think that will change soon. The current ask is $.24 and I think it trades 400% higher from here in the short term. With all the positives this stock and company have going for it this is the easiest 400% call I have ever made.
PRGJ this stock is sitting near recent lows. The last time it was at this level it surged over 100%. At $.007 this stock could see a 200-300% gain from here just on valuation alone.
EVRN this stock has fallen and closed today's session at $.0015. I think this stock could see a quick 150% rebound tomorrow and Friday. It could be a very profitable trade.
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1 comment:
Guru your the man. ARSC was a 4 bagger from you alert, but I think she's dead. I think we should have a funeral here on you blog.
Solo
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