Sunday, August 8, 2010

Monday's Stocks To Watch - UWRL, CTYX, FFGO, WTCT


UWRL nothing has changed my stance on this stock, if anything I am more confident that it will head higher. The 50 and 200 day moving averages sit at $.0016, which should provide support while the $.0023 price has been a barrier to more gains.

CTYX seems like this stock can't resist the need to hit $.0003 on almost every recent trading session. It has done so on 11 of the last 13 sessions. Any reader of my recent posts on CTYX already knows how I feel about this company and the direction I see this stock going in the days and weeks ahead. The last few days is just a prelude to the new upward trend.

FFGO this stock just can't seem to catch a bid. The bevy of recent news and filings has done little to get the stock price out of the bidless $.0001's and into the $.0002 and $.0003 area. It could have something to do with the 74 billion shares outstanding. If there is a stock that can muster some upward price movement with such an enormous share count its FFGO. The stock has done it before. Obviously these bidless stocks carry the risk of total loss, so tread carefully.

WTCT I had a member is my subscriber forum post about WTCT a few weeks back. He had called the transfer agent and was able to calcutalte the float as being around 38 million shares. This is an attractive float for a stock that closed Friday at $.0025 a share. Also the company recently filed with the SEC a change in leadership. Good things could be on the horizon for this stock. I suggest that it be added to your watchlist.

2 comments:

Penny Stocks, penny stock information,Stock tips said...

FFGO is good to invest.
I always prefer this one.
But right now looking for new stock
please any suggestions

Penny Stocks Information

Unknown said...

Where do you see uwrl going up to in the next month or two?