Sunday, September 12, 2010

Triple Zero Stocks To Watch This Week- APCX, HMIT, IMWL, NWTT, WRIT

I think these stocks offer a great opportunity this week:

APCX closed at $.0004 on Friday on almost 100 million shares.  This stock ran from this same level to over $.003 only a few weeks back.  Traders tend to remember stocks that have made big runs, because they know the potential is always there for another big rally.  APCX could see some nice gains this week.

HMIT this stock has been mired in a tight range after pulling back from its highs from a few months ago. Could this stock be ready to resume its rally?  The longer its stays in this range the better the case can be made for the bulls.

IMWL closed at $.0004 on Friday.  This thinly traded stock was trading over $.002 a share a little over a month ago.  It has dropped on low volume and looks ready to post a counter rally.  Considering the apparent lack of shares in circulation I don't think it will take much buying interest to get moving.  The stock started the year trading over $.07 a share.  We've seen some violent rallies recently in some of these triple zero stocks that have fallen so dramatically.  Obviously $.07 would be a monstrous run, but recent penny stock action indicates that anything is possible.

NWTT could break out of this .0001 - $.0002 range it has been stuck in.  I think there is a good chance it sees $.0004 - $.0006 at some point this week.


WRIT is another triple zero stock that is gaining interest.  This stock has also seen much better days and could be the the target of bottom players.

1 comment:

Unknown said...

All good picks, especially NWTT. Accumulation has been massive recently. Seems like there have been many air shares being sold. Expect a cover soon. That doesn't even take into account the share buy back and reverse merger with www.syntheticstraw.com