Tuesdays Stocks To Watch - DGIN, QING, PRRY, NXOI

DGIN I still like this stock for a nice rebound in price. The company named a new CEO late on Friday and I think this news will bolster the stock.

QING this stock saw some volume today and investors could be looking at the company's most recent annual report showing a net income of $.40 a share. Using a conservative multiple of 10 this would give you a $4 stock.

PRRY was up over 65% today and closed the session up 34%. Its taken some time, but this stock is finally starting to impress and should be one to watch going forward.

NXOI some of you may recall many of my recent bottom calls, the best being GGRI at $.014 it hit $.20 a share. SIRG being another recent bottom call. I think NXOI will have a relief rally after its dramatic fall. The stock has held its current range meaning we could be seeing at least a temporary bottom. I wouldn't be surprised if this stock popped 100-150% in one session soon.

Wednesday's Stocks To Watch - QING, GRPS, TYTN, ILVL

QING today's closing price gave the stock a p/e of .29.   The financials show a stock that is growing revenue and eps.  If you take QING's latest quarterly $.15 eps and extrapolate that over the year you get $.60 a share.  Use a very conservative multiple of 10 and you get a $6.00 stock.

GRPS the stock appears to have bottomed today.  News out today as well as some filings could be the impetus for a rally in these shares.  Keep a close eye on it over the next few days for confirmation that a bottom was reached and a rally is underway.

TYTN I noted the bullish pennant formation tonight which should resolve to the upside.  I felt great about TYTN for tomorrow, but then I came across some new filings.  My concern now is the recent authorized share raise from 1.5 billion to 6.5 billion.  That is anything but a modest raise and questionable considering how well the stock has been trading lately.  I had this stock on my watch list before its move from $.0007 to $.005.  It made for a great trade, and now its been holding up so well, consolidating at current levels.  To raise the authorized by over 3 fold... I am really lost for words.  FIVE BILLION?   Let's see what wins here, a bullish looking chart, or a greedy authorized share increase.  I can understand raising the authorized by 100 million, even 500 million.  To raise the authorized by 5 billion shares, that's a lot of tractors!  It boggles the mind and makes one question the motives of those behind this company.  Let's hope this works out for shareholders and the chart resolves higher.

ILVL  This stock surged late in the session.  It could have some follow through tomorrow.  Add it to your watchlist.

Thursday's Stocks To Watch - TYTN , PRRY, QING, GRDO

TYTN I had this stock on my watchlist a few weeks ago at $.0007 and it has since soared to $.005 a share an over 600% move. Since then it looks to be consolidating and forming a bull flag. Also the chart shows a golden cross, a very bullish formation. Accumulation remains strong, and the stock could see a test and break of the recent highs in the near future. This stock remains one to watch.

PRRY recent news by the company has fallen on deaf ears. I think the news is positive and the company is really starting to turn the corner. This formerly $.80 stock now trades for $.02 a share. I think it could rebound smartly from here.

QING the stock boasts a p/e of .5, an amazing figure for a company that is growing and posted an EPS of $.40 last year. This past quarter the company earned $.15 a share which extrapolated over the year wold put QING's 2011 EPS at $.60. Using a conservative multiple the stock should be priced at $6.00 or better a share, not $.20.

GRDO the stock had a strong day today closing out near its highs. The stock sits right in between its 50 and 200 day averages. For GRDO $.0041 looks like the next upside target if these three days of consolidation end with a move higher. Let's see what tomorrow brings.

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.

Fridays Watchlist - QING, STHG, APRM, TAON, GRPS, VTPI

QING now trades at a .50 p/e. In 2010 QING earned $.40 a share, today the stock closed at $.20 a share. In the most recent quarter QING earned $.15 a share, putting it on pace to earn at least $.60 this year. Using a conservative p/e multiple of 10, QING should be trading for at least $6.00 a share. There is no denying the value in these shares according to the company financials and growth. the company is planning to open over a hundred new stores this year. At some point investors will catch onto this stock and I don't think it will be trading at such an obscene discount. you've been warned.

STHG it pains me to put this stock on my watch list, but since most of these stocks are just trading vehicles for all of you, STHG could make a decent trade at some point. What has me scratching my head is that the stock did over 600 million in volume today yet there are less than 800 million authorized. To see the outstanding shares get traded 1x or 1.5x is possible but unlikely, to see the entire authorized trade is even more unlikely. Something is awry here and I am curious to see if the authorized do increase the next few days after the fact. If not then you would have to think some naked shorting has taken place, which could be the kindling for a relief rally. Either way this stock could make for a very quick trade, other than that I would not touch this stock.

APRM the company recently got current with OTC Markets and has projected revenues for its yet to be released commerce site at almost $13 million. I think when this news hits the wires APRM will trade much higher than current levels. Factor in the low outstanding share count and float and APRM has some great potential going forward.

Bottom plays: TAON, GRPS, VTPI all three either forming a bottom or hit bottom today and look ready for a rebound. I really like VTPI here at $.0009/$.001 and think it could do a 100-300% type run from here. I might be a little early with this call, but in the end I think it will be very profitable.

Thursdays Stocks To Watch - WAMUQ, QING, GRDO, VPRS

WAMUQ As far as I understand this play, people buying WAMUQ are betting that JPM was wrong in taking Washington Mutual and its assets from them. The assumption is that shareholders of WAMUQ would stand to make out if JPM is proven wrong in its handling of the WAMU takeover. Only a few weeks ago this was at $.04 and today hit a high of $.23, a nice huge return for anyone that was in from the start of the recent run. I think this stock will remain in play for a while.

QING boasts a p/e of .61. Your typical, profitable company usually has a p/e of at least 10, which means QING should be trading at $4.00+ and not $.24. If you factor in the recent quarterly eps of $.15 then this stock should really be trading at $6.00 or $9.00. I think its only a matter of time before the market comes upon this glaring undervaluation.

GRDO with its share structure currently maxed out, this stock should rebound smartly from recent lows. I think the stock should continue to impress in the near term.

VPRS the stock is quietly climbing higher as we await further details about the possible reverse merger taking place. A recent 8k filing shows the shell was bought and the new CEO being the CEO of a privately held Chinese medical company. The drug they are marketing would, according to a recent document, provide substantial income and revenue: Vivatuxin® is expected to generate $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.

QING - Trading At An Amazing .70 P/E

Your average publicly traded shoe company trades at a p/e of 10-15, with some higher growth ones like DECK trading at a 22 p/e. QING after earning $.40 a share in 2010 currently trades at a p/e of .70. That means the stock is trading for less than what it currently earns. The only companies you will see trading for a p/e of .70 are bankrupt ones, and QING is thriving not bankrupt.

In the last reported quarter from January to March the company earned $.15 a share. Take that same EPS over the rest of the year and you get an annual EPS of $.60 a share this year, a 50% growth over last year. If you are a forward looking investor, like most intelligent investors, than that $.60 figure makes this stock even more undervalued than it currently is.

To put it into perspective, take a very conservative p/e of 10 and take QING's latest reported EPS for 2010 of $.40 anf you get a $4 stock. Look forward to the possible $.60 EPS for 2011 and you get a $6.00 stock.

QING is planning on opening another 170 stores in 2011, so factor in the growth there, as well as continued growth from existing stores and the p/e for QING should be in the 15-20 range. If you use a 15 and 20 p/e for last year $.40 EPS QING's stock should be trading at $6.00 - $9.00 a share. Use the projected $.60 EPS based on the last reported quarter and QING should be trading at $9.00 to $12.00 a share.

Funny thing is this stock did trade for $8.00 a share only a few months ago. Since that point the stock has sold off, and I don't think the sell-off has to do with the company financials, but more likely old shareholders and the sellers of the shell. I do not know what has gone on behind the scenes, but what I do know is that the financials for this company are impressive and with it's low outstanding shares I think the stock will start to trade higher when investors start seeing the value here.

The company has also started rewarding its shareholders with a dividend, which will be coming each quarter this year.

With penny stocks there are so many that slip through the cracks. You see a stock fall you figure it is good for a bounce, but you never figure to find such a great company hiding behind such an ugly chart... and that is what I think we have here with QING.

Based on the company's current and future earnings per share this stock has a long way to go in representing the true value of the company.