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.

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