Tuesday, August 16, 2011

Wednesday's Stocks To Watch -PWTC, ZMGD, NXOI, PCFG, VLCO

PWTC and ZMGD the top two sub $.10 gains on the session. Could they both follow up today's performance with more gains tomorrow? ZMGD the late day press gave it a bold move into the close while PWTC faded later in the session. I think both should see a quick jump out of the gates tomorrow.

NXOI still waiting for the $.012 stock to bounce. These bottom type plays can just keep falling, but more often then not they bounce. The stock has hung around current levels for a short while and could be forming a bottom for a move higher.

PCFG, VLCO both these stocks had big down days today with PCFG down 35% and VLCO down 39%. I think any further dips in these stocks could be bought for quick trades with the intent of selling on the intra-day bounces.

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