Monday, November 8, 2010

Tuesday Stocks To Watch - PRMO, STAU, DGRI, PCFG

PRMO this $.0002 stock could be the next big gold stock.  The company has updated its Secretary of State and could be releasing news to its shareholders at any moment. At current prices this stock offers and great risk to reward trade.

STAU it is only a matter of time before this "Incrdi"stock gets back on its feet  This $.0003 stock should, in my view, post a 750%_ gain from today's close.

DGRI only two days into this run and I don't think its over yet.  Tomorrow should see another gap at the open.

PCFG today's trading was healthy and necessary if this stock wants to take it to the next step.

PRMO - The Next Big Gold Stock?

Every day it seems gold is making new highs.  In response the penny stock market is seeing Gold stocks soar in unprecedented fashion.  Everyone is on the lookout for the next big Gold stock, and I think I may have found one, PRMO - Prom Resources.  While investors have been out chasing $.005, $.05 gold stocks, they've been missing the cheapest Gold stock in the market, PRMO.

PRMO closed trading today at $.0002 a share.  I think it could see interest grow in the coming days and weeks.  Last year PRMO's annual report showed assets of over $12 million.  Currently PRMO's market cap is 1/6th that figure.  If PRMO just wanted to realize fair market value it would have to post at least a 600% gain from today's close.   And those are last years numbers.  With Gold up over 60% from last year, PRMO's assets have likely grown considerably, meaning its shares are even more undervalued today then ever before.

Some may argue that PRMO has a very large share structure that will limit price gains and the the recent amendment will send this stock back to $.0001.  My response is simply that I don't think the company would bother staying active and filing amendments if they did not see a price gain on the horizon.  Actually the company is putting things together at precisely the right time.  With Gold hitting a new high seemingly every trading session, what better time to utilize your millions in assets and restore shareholder value then right now?

I have always tried to find my readers and subscribers stocks that are poised for a big run.  I think PRMO fits the bill for the next runner.  There will be many that are surprised by this stock and many who have the opportunity to profit off this stock.

While everyone is out buying up the next Gold stock for $.02, $.05 $.20 a share, investors have missed a great opportunity that was right under their nose.  I do not expect to see $.0002's last for very much longer.  At the current prices PRMO offers an excellent risk/reward opportunity.  The risk is that PRMO goes back to no bid, the reward is PRMO posts a 500 - 1,000% rally from here or even better.

Either way PRMO deserves watching in the days and weeks ahead.

LOCN - Chart of the Day


Sunday, November 7, 2010

Monday's Stocks To Watch - SDIR, AWYI, LOCN, PCFG

SDIR this stock is still working its way higher. At some point I think it will break out and those buying at current levels will be sitting on a nice profit.

AWYI has been consolidating nicely the last few sessions while relieving overbought conditions. The company recently reduced debt and the share structure is maxed out, meaning there are no shares available for dilution. This was a $.012 stock two years ago and if the interest comes back to this stock there is really no telling where it can go.

LOCN talk about a pretty chart. I think we could see another try at $.325 early this week. A break of that price would put the $1 mark into focus.

PCFG this Gold stock continues to follow the precious metal higher. With volume and price on the rise, I could see $.10 or better this week, especially if Gold continues its ascent.

Friday, November 5, 2010

PCFG - Chart of the Day



This gold stock just keeps posting gains for investors.



Thursday, November 4, 2010

Friday's Stocks To Watch - SDIR, HTLJ, LOCN, PCFG

SDIR this stock held strong today and looks to continue its new upward trend.

HTLJ some interesting filings hit the wires today.  The company has brought more assets in and looks to continue its growth.  At some point traders will begin to see the value here.  Until then, in my view, this is an amazing buying opportunity.

LOCN after going over $.30 LOCN pulled back.  No sense going to fast, especially if you want price sustainability. I like the way this stock is trading and at this rate I would not be shocked to see LOCN at $.50 in the short term.  After all, whats another 150% after a 10,000%+ run.

PCFG I nailed this stock at the start of the week.  I stated: the recent consolidation phase looks to be nearing an end. While I am no chart Guru, the recent action appears to have formed a bull flag, which means more gains are likely. With gold back near all-time highs this is a stock to watch in 2010-11.  With gold hitting news highs every day, this gold stock is following suit.  I think it can see $.10 and better short term.

LOCN - Continues Its Amazing Rally