Monday, April 25, 2011
Tuesdays Stocks To Watch - APRM, TECA, ATIG, BRZL
APRM at today's close only two market makers stood between $.005 and $.0078, showing just how few shares exist in the market for this stock. A recent press release puts potential revenue numbers for APRM at close to $13 million, which would amount to almost $.20 per last reported outstanding shares. The bottom line is that this stock is undervalued based on future revenue potential and currently reported share structure. I think it could see a nice move higher in the short term.
TECA I told my subscribers this morning how it looked like the $.0002/$.0003 prices were being accumulated and that an attempt at $.0004 would show there were not many sellers of this stock. Sure enough $.0004 came down quickly. It only took 2 million to to take out the $.0005, It was 1.5 million to see $.0007 and before you knew it the stock has hit $.0008. This was early on in the session. The stock pulled back a tick or two from there and then mounted a furious late session rally to close near the day high of $.0012. People were buying up the float this morning and holding for higher prices and that bodes well for more gains tomorrow. It all depends on exactly where those buyers are going to be willing to sell their stock.
ATIG great money flow today. ATIG's chart is today's chart of the day, and with good reason as 6 straight days of gains for this stock must have shareholders jumping for joy. Will it last? Will it fade? Tune in tomorrow at the open. If those big block buys continue we could see $.02 - $.025 tomorrow.
BRZL its nice to see this stock back over $.01 with big money volume. I am curious to see how it reacts tomorrow as it sits right below its 50DMA. A break and close above this $.0112 point would be very bullish for this stock.
TECA I told my subscribers this morning how it looked like the $.0002/$.0003 prices were being accumulated and that an attempt at $.0004 would show there were not many sellers of this stock. Sure enough $.0004 came down quickly. It only took 2 million to to take out the $.0005, It was 1.5 million to see $.0007 and before you knew it the stock has hit $.0008. This was early on in the session. The stock pulled back a tick or two from there and then mounted a furious late session rally to close near the day high of $.0012. People were buying up the float this morning and holding for higher prices and that bodes well for more gains tomorrow. It all depends on exactly where those buyers are going to be willing to sell their stock.
ATIG great money flow today. ATIG's chart is today's chart of the day, and with good reason as 6 straight days of gains for this stock must have shareholders jumping for joy. Will it last? Will it fade? Tune in tomorrow at the open. If those big block buys continue we could see $.02 - $.025 tomorrow.
BRZL its nice to see this stock back over $.01 with big money volume. I am curious to see how it reacts tomorrow as it sits right below its 50DMA. A break and close above this $.0112 point would be very bullish for this stock.
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