Monday, May 9, 2011

Tuesdays Stocks To Watch - VPRS, SFIO, BRZL, APRM


VPRS closed at $.08 today on over $250,000 in money volume. Last week an 8k hit the wires in which it appears a reverse merger is in progress. The new CEO is the CEO of privately held MediPharm Biotech Pharmaceuticals. In a recent research piece the company is projecting impressive revenue and profit figures: $45.1 million revenue and $13.8 million net profit in 2011, $92.8 million revenue and $36.1 million net profit in 2012, and $143.3 million revenue and $52.1 million net profit in 2013. These reverse merger type stocks can really get hot and post some amazing gains, which makes VPRS a stock to watch going forward.

SFIO the stock popped higher today and had over 1/2 million in dollar volume. Today's gains are on top of Friday's gains and confirms SFIO is not a one hit wonder. The question is how many days can this stock continue to run for? I think there is a good chance for more gains tomorrow as the stock closed above its 200 DMA.

BRZL as long as this stock stays above $.009 I feel the bullish scenario, a move to $.015 -$.02 short term, is still on the table.

APRM recent filings by the company, after an almost one year hiatus, show that the company is trying to get current before the new ecommerce site is launched. I see no reason for these filings unless APRM was preparing itself for a new chapter in its history. With investor interest low, the stock sits well below what I feel the stock will hit if the company comes through for its shareholders. With its attractive float and share count i think APRM will trading into the pennies when the commerce web site gets launched.

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