Thursdays Stocks To Watch - GRPS, SFIO, GRDO, RYUN

GRPS nice volume today and I do think this stock has hit bottom. It has fallen from over $.02 a share over the last month and could see a sharp rebound from current prices.

SFIO some late day news, three minutes before the close, could help bolster the stock tomorrow. It should get a jolt right out of the gate.

GRDO an authorized share raise from 1.5 billion to 6 billion. We've seen this happen with two other stocks recently where the company decides to raise the authorized by factors of at least 3. It really makes you wonder what their true intentions are. A few million, or ten million shares, can be dealt with, but why would you invest in a stock where the company has just told you they plan to dump 4.5 million share into the market and effectively dilute your investment? Greed. That is the only word I can find for this type of action. I could be wrong and I have liked this stock in the past, but an authorized share raise of this magnitude changes my view on this stock permanently.

RYUN what a great rally. This stock has made many a nice profit and could continue to see a strong bid. Add it to your watchlist if its not already there.

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.

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.

Friday's Stocks To Watch -FULO, INIX, GRDO, IACH

FULO released their annual report today showing an impressive net income of $787,000. With an outstanding share count of only 7.8 million the company posted an earnings per share of $.10. Considering the stock is trading at $.04, an EPS of $.10 should mean this stock has a lot more room to go higher before its fairly valued. We've seen low float stocks run on nothing, no news, no material events so I would not be surprised to see FULO get a nice push on their 10K filing. FULO, a low float stock with a little more than 3 million shares in the market, could see an impressive run if demand were to increase for shares. Add this stock to your watchlist.

INIX this triple zero stock is starting to heat up. It closed the day at $.0004 and looks poised to take a swing at $.0005-$.0006 or better tomorrow. This stock in the past has gotten very hot, and we could be seeing that again with INIX.

GRDO my take on GRDO was spot on last night. I called for a possible 50% rally today and guess what GRDO did? It rose exactly 50%. So here it is again, GRDO on the watchlist and what do I see? More gains of course. Remember nothing in this market is certain, and GRDO could crumble out of the gate, but after seeing the late day buying and the strong bid support I have to think $.003 is coming tomorrow. While I would love to call another 50% gain and have that figure hit, lets settle for roughly a 25% gain and a close of $.0031. I don't think that is asking too much.

IACH before the market opened I noted to my paid subscribers in the chat room that IACH was going to get a push on the pre-market news. Turns out I was right. IACH rumbled out of the gate and never looked back. It was an impressive session. With the recent IACH 10K, we were looking at a shell stock, today that shell got filled. The last time IACH saw a similar development was almost two years ago, and the stock traded from similar prices to over $.02 a share. Today IACH closed at $.003. A $.02 price would be an almost 700% move from here. In this market history does tend to repeat itself, and while I am not saying IACH sees $.02 soon, or possibly ever, I am saying that I think IACH is in the midst of a sharp rally that could see shares move much higher from here. Let's see if I'm right.

Thursdays Stocks To Watch - PPII, GRDO, BMOD, PRPM

PPII I think this stock will post an impressive rally when/if the company updates its shareholders about its growth and future prospects.  That is why I made this stock my pick several weeks ago.  With the low share count, any spike in demand for the stock will send it much higher from here.  I see the next resistance level at $.045, which represents an impressive move from the current $.0055 price per share.

GRDO this stock should post a nice bounce tomorrow.  If you can get in on the cheap GRDO could make for a nice trade tomorrow and possibly beyond.  It was down 48% and if it recovers just half of those losses you are looking at a 50% gain.

BMOD was also down today.  The stock two days ago was at $.26 a share and today plummeted nearly 50% to $.13.  I think picking a bottom here could make for a profitable trade.  If there is no sign of further selling, which could send the stock below $.10, I think a short term bounce to $.18-$.20 has a good chance of occurring.

PRPM closed at $.0009 today.  The chart shows a stock that is right on the cusp of breaking out.  A break of $.001 should bring the buyers into this stock in a big way.

Tuesdays Stocks To Watch - All Q Stocks, COWI, GRDO, PRPM

Almost All Q Stocks were catching a bid today, some to the tune of 1,000% or better. At some point Q stocks will get treated like the bankrupt companies that they represent, but until that time there is money to be made trading this euphoria. When hundreds of thousands of dollars are getting thrown into dead, bankrupt stocks, you know this market is truly primed with cash. The only thing you need to know is where that money is headed next. If tomorrow is anything like today then you have to be thinking ahead, trying to find the which Q stock will be the next to run.

COWI this stock remains on close watch for a breakout from its current down trend. Could we have seen it today or is there more downside for this stock. I think that current prices can be sold for a profit in the short term when/if this stock rallies off its bottom.

GRDO after the pop over $.005 a few weeks ago, GRDO has consolidated nicely and looks poised to test and break that $.0056 price point.

PRPM the steady buying pressure bodes well for this stock. I think we will see $.001 tomorrow. A break of that will send this stock notably higher.

Thursday's Stocks To Watch - INCC, CNUV, ZLUS, GRDO

INCC closed the session at $.0021 after hitting a high of $.0037. The price movement came as fresh ownership filings hit the wires. Of interest to me is not the filings themselves and the share transactions that took place, rather why are these filings hitting the wires now? INCC de-registered their stock early last year, which means they are under no obligation to file SEC documents. After almost a year of silence, why release these filings now. Usually filings after a dormancy means the stock is coming back into play either through a reverse merger, acquisiton, or company re-invigoration. The bottom line, keep a close eye on this stock, it could have a big move coming in the near future.

CNUV I noted this morning in my subscriber chat room that CNUV could see a decent push today. (link to that here) It hit a high of $.0044 before closing at $.0039. I liked the volume today and the way the stock held most of its gains. I think this is a bullish sign for this stock and that more gains await it tomorrow.

ZLUS a breakout day for this stock. The stock hit $.001 and then took off as traders hopped to ride the momentum. I am interested to see if this volume continues tomorrow or if today's action was just a one day event.

GRDO this stock continues to creep higher after the stock hit $.005 last week. I like the way its trading and I think it could be back to $.005 before the week is over.

Monday's Stocks To Watch: HLXW, TLAN, PRMO, GRDO

HLXW I think there is little doubt this stock will start Monday's session on higher ground. The stock has some impressive momentum going right now and there is really no telling when it will stop. Keep a close eye for a share increase as this would be one of the few risk factors for this stock. Absent this authorized share increase I think this stock has the potential to post a nice move from here.

TLAN I've like this stock for almost 3 months now. It's been a rocky ride from when I first brought it to my subscribers at $.0016 a share in December. It had a few rallies since then hitting $.005 and then ultimately $.0058 before closing Friday at $.0025 a share. I still feel the best days for this stock have yet to come and that when investors finally catch onto this stock it will ultimately trade for over $.01 a share. Nothing in this market is ever 100% certain, and I am surely never 100% right. But I do know that buying while a stock is cheap and near its all-time lows, can be a very lucrative trade. TLAN has an attractive share structure, is on the verge of profitability, is growing and remains a stock to watch going forward.

PRMO gold hit fresh highs tonight and PRMO remains the cheapest gold play in the stock market. It does have a large share structure, but that hasn't stopped similar stocks from running in the past. These $.0001/$.0002 are some of the biggest gambles in the penny stock world, but also can provide some enormous returns. Just look at EYSM and its recent $.0001 to $.0048 rally. The herd mentality rules the day with these stocks, why get trampled over at $.0003, $.0004, when you can get in at $.0002. Sure you are instantly down 50% if you want to sell, or even 100% if the bid at $.0001 gives out, but that shouldn't phase you because you are trading these stocks with money you can afford to lose.... right? If we've learned anything the last year, its that the stocks that seem the least likely to run, seem to run the hardest. There are only a few people that think PRMO will rally as evidenced by the paltry volume for this stock. With gold hitting new highs I think investors will start flocking to this cheap gold play.

GRDO after its breakout on Tuesday, the stock has given back most of its gains the until a nice recovery on Friday brought the stock back to a positive close. I think this momentum will continue into Monday and the stock could see a nice week of trading.

Wednesday's Stocks To Watch - GRDO, HLXW, APCX, SMPP

GRDO this stock broke out in a big way today on merger news. This was an alert of mine a month or so ago, and today's pop to $.005 has made quite a few some nice profits today. Tomorrow it will be interesting to see if these gains can hold and if the run can continue.

HLXW this stock continues to work its way higher. I've been stating the last few weeks how the share structure is maxed and without further threats of dilution this stock could see a nice counter trend rally. Looks like my comments are spot on as HLXW touched a new recent high of $.001. I expect this rally to continue all week.

APCX and SMPP could continue to post gains tomorrow. Both should open the session a tick or two higher, but should pull back into a buyable range. I think both of these stocks could make for a profitable trade over the next few days.

Tuesdays Stocks To Watch - GRDO, TLAN, EFTI, CTCC

GRDO looks to have bottomed and has significant support at $.0022 today.  I think this stock moves higher from here, and could move past recent highs, meaning there could be a nice 100%+ move on the horizon.  This stock should be on your watchlist if it isn't already.

TLAN shares appear to be in short supply, as the company recently reduced its float by over 11 million shares.  Recent financials show a growing company on the brink of profitability.  I think it is only a matter of time before this stock starts becoming more representative of its true value, which according to a recent acquisition, was $.05 a share.

EFTI this shell stock is active at its Secretary of state meaning a relevant business entity could enter it at any time via reverse merger.  the time to get into these potential reverse merger stocks is before the news hits the wires.  It sure beats chasing them on the way up.

CTCC it appears no one is selling this stock down here and investors are awaiting the next company update.  With an ambitious update from the new CEO, this stock is one to watch in 2011.  The share float is unbelievably low for a stock trading at $.0159 a share.  This was a $.46 last year, which shows the potential this stock has.