Thursday, February 10, 2011

Friday's Stocks To Watch - SFSH, TLAN, GLER, CTCC


SFSH is giving the "dump and run" a good name. After a precipitous fall SFSH is in the midst of a great counter rally and just may see a push back to $.01. As long as we see the buying continue I have little doubt that SFSH sees $.005 - $.006 tomorrow.

TLAN the bid firmed today and the stock looks to have turned the corner. The MACD looks to be turning and should make a bullish crossover. With the reduced float and the company on the brink of profitability this stock is trading well below what I think it's fair value is. TLAN was recently valued at $.05 a share for an acquisition and should, in my view, be trading over $.01 in the short term.
GLER what a rally today. The stock was up 320% on the session and closed a tick below its 200 day moving average. I always tell my readers and subscribers not to chase, but a firm break of the 200DMA could be a buying opportunity. Let's see what transpires out of the gates tomorrow.
CTCC more great news out of this company. It seems to have fallen on deaf ears, which makes this stock even more attractive. The time to be buying a stock is when no one else is. With its low float and the company already bringing value into these shares, at some point the share price will break out. Until then you are buying a quality stock when no one else is, and that can be a very profitable endeavor.

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