Monday, March 14, 2011

Tuesdays Stocks To Watch - PELE, NEGS, PRPM, DIII




PELE
took off and didn't look back today. It was the top gainer in the market today posting an over 600% gain. It looks like the company is coming back to life. This stock deserves a good, hard look going forward.
NEGS this was another top gainer in the market today and took in over $100k in money volume. I would look for the interest to continue and for the stock to break today's highs of $.0029.
PRPM late last year the company made some very bullish comments for 2011 and also said they planned on doing a share buyback. This makes PRPM an interesting trade this year, and with the stock sitting right near some big resistance at $.0006 we need to be looking for a break here. This is not the first time a PRPM rally has brought the stock to $.0006. Tomorrow should give a better idea of where PRPM is headed in the short term. A break of $.0006 would bring $.001 quickly into focus.
DIII an 8k out today helped boost the stock and then it lost bid support and fell to close at $.0012. This stock is worth watching the coming days and weeks. If they do indeed get their filings up to date this stock could post a nice rally from here.

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