Wednesday, February 23, 2011
Thursday's Stocks To Watch - SPAH, EYSM, MMTE, TLAN
SPAH the stock broke through its 50 day moving average with reckless abandon, closing the session at $.0028. The chart shows a stock that is starting to breakout and I would look to the 200 DMA as the next point of resistance. The 200 DMA is currently $.005 a share. If you haven't added SPAH to your watchlist... now is the time.
EYSM has now rallied some 3,300% from $.0001 and continues to show why we like triple zero stocks. For all those lemons at $.0001 that just suck your money, you get a delicious peach like EYSM that just makes you grin ear to ear. By weeks end EYSM shareholders could have an even bigger smile on their faces.
MMTE news out today boosted the stock. The stock traded strong the rest of the session and looks to build upon that strength on Thursday.
TLAN this remains one of my favorite stocks. I like what the company does, its transparency, share structure, and its growth potential. Late last year the stock was valued at $.05 for an acquisition, it closed today at $.003. While I don't think it sees $.05 in the near term, I do think TLAN shares are undervalued and offer a great opportunity.