Tuesday, August 23, 2011

Wednesday's Stocks To Watch - DGIN, FCNR, CRPZ, TMHO


DGIN more news out today saw modest volume come into the stock. I think we are looking at a slow steady move higher from here. New CEO, New business, and as long as there is no new selling DGIN will be a stock to watch going forward.

FCNR assuming this stock doesn't get suspended by the SEC before the market opens tomorrow, it should be one to watch. While showing a 435% gain today, the low was really $.004 meaning it was less than a 100% gain for the session. That doesn't' mean it wasn't an impressive day. At one point when the stock was near its highs the bid was chock full of shares with at least two market makers showing 2 million share bids totaling over $28k. When the selling came these bids vanished without getting filled. The odd trading for this SOS default stock that hasn't filed with the SEC in over 2 years would have me concerned considering the recent bout of delinquent stock suspensions. If FCNR is still trading tomorrow, I think it could make for a nice buy the dip quick flip.

CRPZ strictly a bottom type play as the stock was down over 40%. Just looking for a bounce.

TMHO this stock hit new 52 week lows today and I think its readying itself for a big move higher. I had it on my twitter today at $.0033 and I think it has a good shot of getting back over $.01 at some point in the short term.

No comments: