Tuesday, December 7, 2010

Wednesday's Stocks To Watch - TLAN, IGSM, PRMO, VLCO

TLAN this stock is starting to get hot.  With recent quarterly filings showing a company with growing assets, shrinking liabilities, and net income growth of 75% you have to think investors will catch onto this stock soon.  With increase buying interest I could see this $.0028 stock hitting $.01 in the short term.

IGSM this stock was under heavy accumulation today, surging 100% before closing up 90%.  The share structure has always been a plus with IGSM, and the low float means decent buying interest can propel this stock quickly. Today's move could be the start of another run to $.004 and beyond.

PRMO after some light volume took down the bid, you could sense people giving up on this stock.  Triple zero stocks are risky, and there were many who gave up on AWYI when it didn't rocket straight up from $.0003.  AWYI recently hit $.0023 and those selling early were regretting it later.  In this market selling scared will never make you a profit.  If you are not prepared to risk your capital, then you will likely never bear the fruits that patience can bring.  It takes guts holding onto a loss in hopes of a big gain, but that is one of the best ways to thrive trading penny stocks.  PRMO came back strong late in the session, which tells me it has a long way to go to the upside.

VLCO the money volume continues to pour in.  I really like this stock for the longer term.  They have a lot going for it, including the recently reduced share structure.

1 comment:

PennyStocKingZ said...

You should take a look @ EYSM there's no way it will be trading at these levels..

Also why the confidence in SSWC? It has a hideous share structure.. Not bashing just looking for a little insight.