Tuesdays Stocks To Watch - TLAN, BYRG, INIX, SMHS

TLAN the company issued great news for its shareholders this morning.  Essentially there will be only one class of stock going forward, as the preferred stock will be done away with.  Also the company is retiring 100 million shares of stock or over 15% of the outstanding shares.  Shareholders will have a bigger stake in the company going forward.  TLAN remains, in my view, in a class all by itself in the Pink Sheet market.

BYRG this stock fell over 70% today.  I think its worth watching for a bounce tomorrow.  Sure it could drop more, but it could also rally hard to $.02 or better.  One method to playing a potential bounce is to make an entry using only half the funds you initially wanted to.  Then using the rest if the stock falls further.  While I don't advocate averaging down it does make sense in some instances.

INIX the stock looks ready for a another move higher here.  I am thinking $.002 or better this time around.

SMHS this $.0033 stock is also looking to make a move higher off its recent bottom.  This was a stock that was trading at over $.035 a share to start the year.  A reasonable bounce target is $.007.