Tuesday, February 8, 2011
Wednesday's Stocks To Watch -CTCC, PFMS, EFTI, TLAN
CTCC had another day holding strong above its 50 day moving average and looking poised to test its $.075 200 day moving average at some point in the near future. On the Level II only 4 market makers stand between this stock hitting $.10 a share. With its low float and current corporate turnaround, this stock will be one to watch in 2011.
PFMS one down day after 5 straight days of gains, I think that's healthy for this stock. Nothing should go straight up, a pull back allows for the next move higher, as people who were looking to get in, can now do so at a lower price. It also takes the weaker shareholders out of the picture, namely the ones that aren't holding for the big profit potential. A stock that wants to run big needs a strong shareholder base and this pull-back could be doing just that, getting stronger shareholders into the stock.
EFTI is an active shell stock awaiting a merger candidate. We all saw what a reverse merger could do for s stock today as GWAY soared over 23,000%. Accumulating a shell stock like GWAY could make you very rich in only a few hours. GWAY from $.01 to $2.98 in a few hours. Need I anymore evedince of what owning a shell stock can do for your portfolio?
TLAN today's pull back offers a great buying opportunity. The pull back was on light volume and could incite some buying tomorrow as traders try to get in at a cheap price. I think this stock, which closed at $.0031 today, should see $.01 and better in the near term.
PFMS one down day after 5 straight days of gains, I think that's healthy for this stock. Nothing should go straight up, a pull back allows for the next move higher, as people who were looking to get in, can now do so at a lower price. It also takes the weaker shareholders out of the picture, namely the ones that aren't holding for the big profit potential. A stock that wants to run big needs a strong shareholder base and this pull-back could be doing just that, getting stronger shareholders into the stock.
EFTI is an active shell stock awaiting a merger candidate. We all saw what a reverse merger could do for s stock today as GWAY soared over 23,000%. Accumulating a shell stock like GWAY could make you very rich in only a few hours. GWAY from $.01 to $2.98 in a few hours. Need I anymore evedince of what owning a shell stock can do for your portfolio?
TLAN today's pull back offers a great buying opportunity. The pull back was on light volume and could incite some buying tomorrow as traders try to get in at a cheap price. I think this stock, which closed at $.0031 today, should see $.01 and better in the near term.
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