Friday, December 3, 2010
Stocks To Research This Weekend - PRMO, NSCT, UWRL, STAU
PRMO investors are starting to digest the annual report from earlier this week and realize the true potential of this stock. Gold is trading near all-time highs and I suspect PRMO is ready to trade near and through its highs as well. The accumulation is evident and the potential for price gains, at this point, is great. Just as the price of gold has no limit, PRMO has no set target. All we know is that this stock is just starting to get going. It could turn into one of those memorable stocks people will be talking about in the years ahead.
NSCT an 8k filing mid-day vaulted this stock up several thousand percent. I am curious to see if the gains can continue on monday. This stock should be a fun one to trade going forward.
UWRL We are nearing the rumored skull and bones removal date. It seems investors are front-running this rumour and rightfully so. As I have said all along, if UWRL gets its act together, finalizes all the mergers it has said it was going to do, then this is a $.006 or better stock. Right now its nothing more than a momentum traders stock.
STAU market maker RAFF has been hammering the bid since appearing on the ask when STAU was at $.0016. Its pretty easy to see that RAFF is PENA's little brother. RAFF and PENA have no problem dumping shares on what was a healthy and promising rally. Dilution in this market can be frustrating, but it is tradeable. When RAFF leaves the ask and joins his brother at $1 a share, then STAU will resume its ascent. Until that time, I would just watch.
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