Tuesday, February 22, 2011
Wednesday Stocks To Watch - TSNP, SPAH, CTCC, SOFN
TSNP a great day for shareholders as record volume poured into this stock. As traders see a formerly $.0001 stock like EYSM rise to $.0026, they are on the look out for the next one to post such a rally. TSNP could be that stock, and judging by the money flow, there are many using their wallets to make the same statement. Here is my view of TSNP from late last month and why I think it could rally from here : http://pennystockgurus.blogspot.com/2011/01/tsnp-triple-zero-stock-with-potential.html
SPAH today saw some very nice accumulation as the stock held at $.0012 and traded as high as $.0018. The ask is very thin with few market makers offering shares below $.002. $002 is really a great number for this stock as it represents its 50 day moving average. A test and break of that figure could see $.005 come quickly into focus.
CTCC you really have to like the volume today. Investors are finally starting to realize the potential of this stock. I think this turn around story is still in its infancy, meaning you haven't seen anything yet.
SOFN a curious breakout for this stock. It has had no news, filings, since 2008. It is revoked at its Secretary of State, but it is trading higher and the chart is looking quite bullish. We all know that money trumps everything else and the money has been coming into SOFN, lets see if it continues tomorrow.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment