Tuesday, November 23, 2010
Wednesday's Stocks To Watch - PRMO, STAU, UWRL, PCFG
PRMO as I have said previously PRMO is the cheapest gold stock in the entire stock market. Anyone wishing an inexpensive way to capitalize on the recent rise in the price of gold need to look no further than PRMO. This stock has found solid support and I would no be surprised to see it start to gain momentum over the coming days and weeks. This stock is ripe for a big rally.
STAU is shaping up to be an excellent trade. The chart shows a stock that is slowly grinding higher, with an RSI showing neither overbought or oversold conditions. The slow move higher is both healthy and desirable for this stock and gives me reason to believe that this rally is still in its infancy.
UWRL we are still waiting for the company to get its house in order. Four months in the penny stock market is like 4 years anywhere else. Investors have shown some semblance of patience, but the tipping point is drawing near. I think the current prices offer a great chance to capitalize on UWRL getting the skull and bones removed from Pink Sheets.
PCFG the stock closed up over 60% today, and looks to build upon those gains tomorrow. Certainly this is a stock to watch heading into the holiday.
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