MRNA - Another Before and After

On July 1st last week I noted MRNA could make for a decent bottom trade. That day I also posted three times on Twitter about the stock and its potential as a bottom play. These are high risk stocks, and catching a falling knife can be a difficult proposition. In this case MRNA traded exactly as I had envisioned it last week.

This is the chart I posted on my blog after Friday's trading session last week, lets call this the BEFORE:



MRNA this week struggled and for the first time in many months started to rally. The stock touched just below $.20 yesterday and then galloped out of the gates this morning on some pre-market news. Today the stock soared more than 50% to $.2878 from my initial alert price of $.184. I was thinking the stock would be good for 20-30% and possibly more and I was right on the money. I'm not always right and I'm happy to give my readers the opportunity to profit off these bottom type stocks. Congratulations to those who stuck it out and took a chance on MRNA. I called GGRI recently at $.014 and it hit almost $.20 a share. MRNA was not the 1,000%+ rally that GGRI was, but it was still a very profitable trade. Once again to those who bought and profited congratulations. There is no better feeling than pointing out to my readers potentially profitable trades.

Let's call this next chart the AFTER:

MRNA - Surging Up 53% On The Session

MRNA once again ample time to play this stock near its bottom as I noted a chance for a bounce numerous times including last night.

Congratulations to all that took a chance and are sitting on over 50% in profits.

Friday's Stocks To Watch - PELE, MRNA, TSNP, TRTH

MRNA we could be looking at the start of a sharp rally for this stock. It's down from $4.00 to $.19 with not much a of a bounce in between. I think a 20-30% gain or more lies ahead.

TSNP news out today helped bring the buyers. Tomorrow will determine if this was a one day event or the start of a big move higher.

TRTH in a press release out today the company increased its net income from $871 in Q1 2010 to $420,715 in Q1 2011. This stock, currently trading at $.009 a share, in my view is way undervalued.

TAON when RAFF moves off the lead ask this stock should see a nice rally. As I told my subscriber today RAFF on TAON is like VFIN on GRPS, both are selling stock with little care about what price they do it at. Its called dilution and for TAON and GRPS let's hope it ends soon, so both stock can recover some of their lost prices and investors can get rewarded for buying these stocks near their lows

MRNA - Starting To Turn Up?

After hitting fresh lows, MRNA has battled back and posted two consecutive positive trading sessions. The stock took a swing at $.20 today and looks ready to end the week on a positive note. I think the stock could rally 20-30% or better from current levels.