Almost a record volume for NXOI and the stock closed up 13%. Could this be the start of a rally? If it is, it got off on the right foot today.
Tuesday, August 2, 2011
NXOI - First Day Of Reversal?
Almost a record volume for NXOI and the stock closed up 13%. Could this be the start of a rally? If it is, it got off on the right foot today.
August 2nd Bottom Scan
Symbol Close Volume Name
MDMN 0.094 2500028 Medinah Minerals, Inc.
GAMR 0.074 1221346 Great American Resources Inc.
EMPR 0.031 117900 Empire Petroleum Corp.
SGDH 0.03 219660 SGD Holdings Ltd.
NXOI 0.029 1101900 Next 1 Interactive, Inc.
BGPIQ 0.021 1283367 Borders Group Inc.
DSEN 0.007 513900 Datascension
IFUS 0.003 390000 Impact Fusion International Inc.
RCYT 0.002 258433 Recycle Tech Inc.
EXBX 0.001 766600 Exobox Technologies Corp.
ALGF 0.001 2607542 Algae Farm (USA), Inc.
ZVUE 0.001 575200 ZVUE Corp.
EXPU 0.001 46587104 Expert Group, Inc.
GOIG 0.001 4355375 Goip Global Inc.
Monday, August 1, 2011
Remember The GWAY!
The summer months are slow in the penny stock market. Just remember each trading session offers some amazing potential. GWAY was a stock that moved from $.01 to over $5 a share in 3 trading sessions earlier this year. My point is that this market has offered some tremendous gains in the past and that big 1,000%+ stock could be only a day away.
My blog post on GWAY from earlier this year:
GWAY just kept moving higher today hitting $5.39 before closing at $4.50. As I tweeted earlier today someone, the day GWAY rallied from pennies to dollars, purchased two 5k blocks at $.02 for a total purchase price of $200. Those $200 two days later could have been sold for over $50,000. $200 turned into $50k in two days.
My blog post on GWAY from earlier this year:
GWAY just kept moving higher today hitting $5.39 before closing at $4.50. As I tweeted earlier today someone, the day GWAY rallied from pennies to dollars, purchased two 5k blocks at $.02 for a total purchase price of $200. Those $200 two days later could have been sold for over $50,000. $200 turned into $50k in two days.
Tuesdays Stocks To Watch - NXOI, RXPC, MASP, SPAH
NXOI and RXPC both show nice potential as bottom trades. Each could see a big rally from current levels as both stocks are very oversold.
MASP this stock remains one to watch. The company, in its most recent filing, is looking to secure $2 million to fund its plans for the future. The market cap for SPAH is 75% less than that figure, meaning the stock is undervalued.
SPAH with gold and other precious metals in high demand, this speculative gold stock should be well bid going froward.
MASP this stock remains one to watch. The company, in its most recent filing, is looking to secure $2 million to fund its plans for the future. The market cap for SPAH is 75% less than that figure, meaning the stock is undervalued.
SPAH with gold and other precious metals in high demand, this speculative gold stock should be well bid going froward.
NXOI - On Watch For Reversal
NXOI was trading at $.28 in May hit $.02 today, closed at $.026. I think it could see a sharp reversal in the next few sessions. Remember these bottom play type stocks could continue to fall, but they could also post sizable relief rallies. The farther the fall the greater the chance for reversal... its been quite a fall for NXOI.
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