Fridays Watchlist - TLAN, FTEG, WAMUQ, EMXC

TLAN, FTEG, WAMUQ, EMXC

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 - PRMO, WAMUQ, UWRL, LKEN

PRMO this stock is getting ever so close to breaking out higher. This gold stock is starting to gain interest and could see a rapid ascent as the accumulation continues.

WAMUQ we know this stock over the last few years has rewarded investors big nice gains. We could be looking at a little run right here.

UWRL for those of you who think I have given up on UWRL, I have not. Actually it's UWRL that has given up on us by prolonging their promises. However I remain confident that when/if the company gets things straightened out, this stock will post a significant run.

LKEN those of you who saw my twitter yesterday were sitting on 100% gains today, before LKEN pulled back to $.001. I think tomorrow is a big day for this stock. I'd like to see it close higher to confirm that a new rally has begun.

WAMUQ - Hope You Heeded My Warning Two Days Ago

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Readers I hope you listened to my post less than two days ago:

http://pennystockgurus.blogspot.com/2010/03/wamuq-money-ha-been-made.html


I stated specifically: I think the money has been made playing WAMUQ, and the risk is to the downside. If you haven't locked in your gains from my repeated posts at $.20, tomorrow would be a good time.

Today is a WAMUQ blood bath.

WAMUQ - The Money Has Been Made

I think the money has been made playing WAMUQ, and the risk is to the downside.  If you haven't locked in your gains from my repeated posts at $.20, tomorrow would be a good time.  Of course if you just want to ride it out in a, lotto ticket winner or bust type of mentality, then by all means let your shares ride.

WAMUQ - Goes Parabolic From The Guru's $.20 Alert Hitting $.70 a share

WAMUQ joined the likes of some of it's bailed out brethren today, AIG FRE FNM AIG C, and soared higher pushing over $.70 a share before crumbling to $.33 and then recovering for a slightly red day.  It was a roller coaster.

Any of my readers who bought on my alert at $.20 hopefully were the ones selling at $.60 and $.70.  Today, with the surge in volume, was a top in my book.   The WAMUQ story has been played and now is the time to be moving on to other issues as the potential for price gains is just not there going forward.

WAMUQ - 100%+ Gain From The Guru's Alert

Only days ago at $.20 the Guru set a target for WAMUQ of $.30. The target was met. He set a target of $.40. The target was met.

Today WAMUQ hit $.054 a share more than a double from the Guru's call.

WAMUQ - $.40 Target To be Hit In One Session?

WAMUQ closed trading at $.33 yesterday.  We noted how it broke out of our channel and put a short term target of $.40 on it.  Now, several hours later, WAMUQ already looks like it is going to hit our targets, once again much sooner than expected.   It is trading over $.38 a share in the pre-market.  At this rate we could be looking at $.50 before the month is through.

Stocks To Watch Friday 3/5 - WAMUQ, POWN, TYTN

WAMUQ appears ready to post even more gains heading into the weekend.  The Guru's new target is $.40 a share.

POWN a Guru Buy and Hold stock, has been on an absolute tear.  When you consider that Dow Component Disney has been buying up share in this stock, you have to wonder why it's still trading for less than $1.

TYTN is getting some bids the last few days.  This is a legitimate company, with real revenues that is currently trading under the radar.  In due time this stock will be trading over $.01.

WAMUQ - Breaks Ascending Channel

You may remember my WAMUQ chart a few weeks back when the stock was trading hands at a little over $.20 a share.  I called for a 50% rise to $.30 a share.  Only days later my target was hit.

Today WAMUQ broke that channel to the upside.  I think this bodes well for longs in this stock and confirms another big move higher.  The next target stands at $.40.

WAMUQ - $.30 A Share Target Hit

Our $.30 target for WAMUQ has been hit today. We made the call when the stock was trading at $.20 a share. WAMUQ is up another 13% today, on top of yesterday's 16% gain.

It will be interesting trying to figure out just where it heads from here.... stay tuned.

WAMUQ - I Will Let My Chart Do The Talking

My annotated chart on Feb 19th when WAMUQ closed at $.214


Today's WAMUQ chart with a $.265 close. Looks like my $.30 target will come sooner than expected.

WAMUQ - Next Target $.30

The recent uptrend gives credence for a $.30 target.


Check out the Guru's chart below:

Stocks To Research This Weekend - WAMUQ, SKGO, PTFC, GOIG

WAMUQ fell 6% following the broader market today. I expect renewed interest next week.

SKGO is looks like a great buying opportunity right here. I think it's will bounce from here. It is a buy.

PFTC is an interesting stock. Let's see some of the research you can find on this big gainer.

GOIG closed at $.0020. Up 400% since the Guru called the bottom at $.0004.

Monday Watchlist - SKGO, PFEH, KATX, WAMUQ

SKGO merger news should give this stock a bid at the open.

PFEH looks poised for a big breakout.  It closed at $.0005 on Friday.

KATX is still in consolidation mode before its next move higher/lower.  The trend could take time to establish, but it's worth watching.

WAMUQ closed up double digits on Friday and could see some nice upward movement this week.  This is a stock worth a gamble if you have the money to lose.