Stocks To Watch Tuesday - MXXH, BUGS, FRGY, MOPN

MXXH could see some buying interest this week in response to last weeks 8-K filing.  With the attartive share structure and promising news on the horizon MXXH xould be trading over $.01 short term.

BUGS a continuation of recent buying interst would send this stock over $.01 in short order.

FRGY I think this stock could be trading closer to $.002 in the coming days and near $.005 if it follows recent trading history.  Add this one to your watch list if you haven't already.

MOPN following in the line of environmental stock catching a bid on the Gulf catastrophe.  It could post more gains tomorrow.  Add it and every other oil remediation stock to your watch list.

BUGS - A Healthy Pullback

I really like the story behind BUGS.  At one point this year I was ready to make it my stock pick, but somehow it managed to rally before I could announce it to my members.  I like my members getting into a rally at the bottom, and BUGS offered a great ROI from its lower price range.

Today it sold off to the tune of 35% with equally impressive volume as Friday.  I think today was a healthy session after two robust moves higher for BUGS, it was only natural to have profit takers weigh on the price per share.  I believe BUGS will open higher and take another shot at $.01 and above.  It will be interesting to watch tomorrow.  With all the liquidity in this stock it make for a great day trade.  The chance for further gains in great.

ENTI - Money Flow

ENTI was up over 80% for no other reason than money was flowing into the stock.  The last press for ENTI hit the wires on April 23rd.  That date marks the start of the recent rally, but in no way explains today's multi-million dollar money flow.  Until the money stops flowing into ENTI the trend is up and the next target it $.01.

MXXH - Coming Back To Life

I get emails each day asking about stocks that look ready to buy and stocks that will post 1,000%+ gains.  Most of the time the stock ticker is a stock that has already risen 500%.   Face it, the average penny stock investor is buying a stock after most of the gains have already been made.  Why?  Because they see the press releases and get the promotional emails telling them to buy a stock.  The key to buying penny stocks is finding one of these runners before they run.   Before the press releases start hitting the wires.  Before the promotional campaigns start pounding your email.  Before investors start buying up the stock.

I think MXXH provides an opportunity to get into a stock before the press releases start hitting the wires.  At its current price I think it could trade 300% higher short term.



MXXH issued an 8-k this past Friday outlining their plans going forward.  It was the company's first correspondence in well over a year signifying that this stock may soon become active again.  The past few weeks MXXH has seen some volatile trade, with this 8-K filing the stock has some concrete footings in which to build a substantial rally.

The company, per the 8-k, is looking to acquire oil wells, more specifically the company will secure working interests in both producing, and exploration and development properties.  With the recent oil rig explosion and subsequent unmitigated spewing of oil into the Gulf MXXH has timed their entry into land based oil exploration perfectly.

With news of an acquisition hitting the press and the reasonable share structure, MXXH should trade over $.01 a share.   The updated share count is 125 million outstanding.  I would think the float is much smaller than that:

           Outstanding Shares

• 125,000,000 as of Apr 23, 2010

           Authorized Shares

• 400,000,000 as of Apr 23, 2010

The company is also working to get uplisted to the OTCBB.  This would be an important step for the company, and one that would provide more transparency to shareholders.

I believe that the April 30th 8-K represents a new beginning for MXXH and its shareholders.  One that will bring substantial gains for the stock.  MXXH should be a great trade going forward in anticipation of company press.  MXXH is a stock to keep on your watch list in 2010.  It is coming back to life in a big way.

MXXH APril 30th 8-k FILING

Chart of the Day - BUGS

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Monday's Stocks To Watch - ETLS, SPMI, CIND, TNXI

ETLS hit $.005 on Friday before pulling back. This was a healthy move, and should bode well as ETLS continues its trek back to $.01.

SPMI this Guru undervalued stock has hit a recent low and looks poised to post at least a 50% gain from current levels. Do some research on this stock and you will see the value these shares hold.

CIND with the very small share structure this stock remains one to watch this year. Any news will send CIND well over $.10 a share.

TNXI this Guru Buy and Hold looks poised to breakout in the weeks before it reports earnings. I think $.10 is a number we could see at some point this week.