Thursday, January 20, 2011
Fridays Stocks To Watch - CTCC, TLAN, EXTO, PRPM
CTCC this stock looks ready to regain its footing in 2011. This stock has traded as high as $.46 in the last 52 weeks, and a recent leadership chance could incite a significant rally from todays $.0219 close. This is a stock to watch in the coming weeks and months.
TLAN volume is slowly starting to pick up and I think we'll see some positive momentum heading into the weekend. The company has already shown its willingness to grow both organically and through acquisitions. If the current trends continue I think TLAN could be firmly in the black in the near future.
EXTO this stock has been on a nice uptrend and could be ready to breakout. I would not be surprised to see this stock trade back to $.01 or better in the short term.
PRPM the company has aggressive plans for 2011 including a 400 million share buyback. That amounts to 20% of the authorized shares and should have a significant affect on the company's share price. At $.0002 a share I think this stock offers a great risk/reward investment. With a sustained rally I think PRPM could easily see $.001 or better from here. Of course these triple zero stocks always carry tremendous risk, but don't they all.
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