Tuesday, January 4, 2011
Wednesday's Stocks To Watch - TLAN, BGTH, ZLUS, TSNP
TLAN today closed at $.004. The buying came fast and furious near the close and if the market was open another few minutes we would have seen a $.0044 or better close. It's becoming apparent investors are slowly starting to catch onto this undervalued stock. With a recent transaction valuing shares at $.055, TLAN has a lot of catching up to do. The company has reduced its tradeable float by over 11 million shares, an excellent sign for shareholders and a move that reinforces my bullish stance on this stock. All signs are pointing to a significant rally.
BGTH was on my watch list last night as well, and did not disappoint. It slowly headed higher early in the session before breaking out into a bull run. As I said last night, these stocks can get a mind of their own, and that could be just what we are seeing here. BGTH could make a parabolic move tomorrow.
ZLUS after spending much of the day in the red, ZLUS roared back to close near its recent highs. Impressive. This stock is trading with strength and at this stage you would have to think $.01 is the next progression in this rally.
TSNP today this stock held its ground and could be ready to takes its next step higher. With a low float, most of which has traded the last few sessions, shares are drying up. These triple zero's can take a few days, even weeks, to get going. I think TSNP will do just that and head to $.0005 or better short term.
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