Friday, April 1, 2011

Stocks To Research This Weekend - LGBS, INIX, IACH


LGBS this stock has trickled down from $.01 until recently it hit its 52 week low of $.0008. The stock rests a few ticks up from that figure and looks poised to reverse its downward trend. Today the stock had record volume and I expect the price to follow suit next week. The company has been issuing press on a consistent basis and recently announced its in acquisition talks with a company that would "accelerate the Company’s efforts in the development of existing solar energy and wind power designs with the goal of enhancing the efficiency within these types of technologies". LGBS is a stock to watch as it looks to move off its lows.

INIX the $.0005's were in focus for a minute or two today. The stock traded mostly at $.0004 and had only one market maker left asking that price when the session ended. I really like this stock going forward and think it could easily see $.001 or better in the near term.

IACH volume was down some 70% yet the price per share didn't suffer as much, as investors used today to accumulate shares in the low $.002 area. After such a nice move the last few days, IACH took a break today. One thing is for certain, this stock is no longer an empty shell. The company yesterday announced the acquisition of Automated Customer Care, a proprietary technology company developing integrated, online, customer relationship management software system. This should restore value into the shares of IACH and consequently send the stock higher from here. I'm looking for this stock to trading into the $.003's on Monday and from there $.005. It closed the session today at $.0024.

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