Friday, June 3, 2011
Stocks To Research This Weekend - VPRS, QING, SMVI
VPRS the stock surged higher today out of the gate hitting $.093 on impressive buying. It settled down, but its becoming evident that investors are starting to catch onto this reverse merger stock. Take a look at the recent 8k filing showing new ownership and CEO. This stock has the potential to trade much higher in the future as the market begins to factor in these developments.
QING trading at a p/e of .50 this stock is being priced for bankruptcy, considering the company is growing at a 50% clip I think the market is way off on this one and this stock offers a tremendous bargain at current levels. Using last years eps this stock should be trading at $4.00 or better a share. That doesn't include the growth we are already seeing this year as the company posted earnings of $.15 per share for the latest quarter.
SMVI this stock could start to heat up the next few weeks. The chart shows a stock that is looking to rally with $.0006 as the next logical price point. After that the 200 DMA comes in at $.0012 and the 2011 high of $.0024 would be next.
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1 comment:
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