Wednesday, March 30, 2011
Thursdays Stocks To Watch - PPII, GRDO, BMOD, PRPM
PPII I think this stock will post an impressive rally when/if the company updates its shareholders about its growth and future prospects. That is why I made this stock my pick several weeks ago. With the low share count, any spike in demand for the stock will send it much higher from here. I see the next resistance level at $.045, which represents an impressive move from the current $.0055 price per share.
GRDO this stock should post a nice bounce tomorrow. If you can get in on the cheap GRDO could make for a nice trade tomorrow and possibly beyond. It was down 48% and if it recovers just half of those losses you are looking at a 50% gain.
BMOD was also down today. The stock two days ago was at $.26 a share and today plummeted nearly 50% to $.13. I think picking a bottom here could make for a profitable trade. If there is no sign of further selling, which could send the stock below $.10, I think a short term bounce to $.18-$.20 has a good chance of occurring.
PRPM closed at $.0009 today. The chart shows a stock that is right on the cusp of breaking out. A break of $.001 should bring the buyers into this stock in a big way.
GRDO this stock should post a nice bounce tomorrow. If you can get in on the cheap GRDO could make for a nice trade tomorrow and possibly beyond. It was down 48% and if it recovers just half of those losses you are looking at a 50% gain.
BMOD was also down today. The stock two days ago was at $.26 a share and today plummeted nearly 50% to $.13. I think picking a bottom here could make for a profitable trade. If there is no sign of further selling, which could send the stock below $.10, I think a short term bounce to $.18-$.20 has a good chance of occurring.
PRPM closed at $.0009 today. The chart shows a stock that is right on the cusp of breaking out. A break of $.001 should bring the buyers into this stock in a big way.
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