Thursday, March 10, 2011
Fridays Watchlist - ELRA, APRM, SRNW, GRBG
ELRA news out after hours confirms an 8k filed late last month. The company has basically undergone a reverse merger. At $.021 a share this stock could see a nice run tomorrow after the open.
APRM the company released an update to shareholders showing a projection of over $12 million in revenue. If they follow through on this projection I think APRM should trade well over $.01.
SRNW this stock rose swiftly late in the session posting a 166% gain. This monetum should carry straight through to tomorrow's open. Add this stock to your watch list.
GRBG a little over a month ago this stock did a 1,000 for one reverse split, essentially screwing over any of its loyal shareholders. It popped nicely today, but at some point I expect it to trade down as history almost always repeats itself in this market. Be wary of this stock at these lofty prices.
APRM the company released an update to shareholders showing a projection of over $12 million in revenue. If they follow through on this projection I think APRM should trade well over $.01.
SRNW this stock rose swiftly late in the session posting a 166% gain. This monetum should carry straight through to tomorrow's open. Add this stock to your watch list.
GRBG a little over a month ago this stock did a 1,000 for one reverse split, essentially screwing over any of its loyal shareholders. It popped nicely today, but at some point I expect it to trade down as history almost always repeats itself in this market. Be wary of this stock at these lofty prices.
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