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.

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