ANTS Marching

On January 6th After the market closed I wrote about ANTS on my blog. http://pennystockgurus.blogspot.com/2012/01/weekend-sub-penny-stock-to-watch.html In it I noted that the then $.0024 stock could see a nice revesal. Today ANTS hit $.0075 and closed up almost 100%.

Congratulations to those who took a chance on ANTS at the lows, support held nicely and the stock mounted a text book rally.

Weekend Sub-Penny Stock To Watch - ANTS

This stock has a 52 week high of $.64 and traded over $3.00 in 2010. It has since crumbled and at $.0024 a share, I think a "dead cat" bounce is in the cards. This isn't a stock you want to be holding onto too long, but the chart itself is looks ready for a reversal.

This $.0024 stock was trading over $.10 a share less than two months ago. There could be a decent rally for these shares, if they do indeed bounce.