Tuesday, September 6, 2011

Wednesday's Stocks To Watch - ALCL, TNGL, GTSO, ABPR


ABPR closed at $.0047 today. The chart is looking strong after the stock hit the $.002 area. Recent financials show the company has posted a positive net income for the last 9 months after posting a huge $2 million + loss in 2010. Quite a turn around and I think the stock could have plenty of more room to move higher.

ALCL had it on watch for a turnaround last week. It can be tough to pull the trigger on a stock that has fallen rapidly. But these same stocks can post big moves after they have fallen and ALCL showed this to be true today. It remains on watch for further gains.

TNGL gold hit fresh highs today and this is one gold stock I like currently trading around $.04 a share.

GTSO VERT came down last week pre-market at $.175 and continues to hit the bid (as I tweeted that day). This stock will not rebound with selling/dilution going on and until VERT runs out of shares to sell, this stock will not be able to maintain any type of rally. I still like the chart and the stock is very oversold. If/when the selling stops, this stock will, in my view, post a sharp rally.

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