Sunday, August 8, 2010

Monday's Stocks To Watch - UWRL, CTYX, FFGO, WTCT


UWRL nothing has changed my stance on this stock, if anything I am more confident that it will head higher. The 50 and 200 day moving averages sit at $.0016, which should provide support while the $.0023 price has been a barrier to more gains.

CTYX seems like this stock can't resist the need to hit $.0003 on almost every recent trading session. It has done so on 11 of the last 13 sessions. Any reader of my recent posts on CTYX already knows how I feel about this company and the direction I see this stock going in the days and weeks ahead. The last few days is just a prelude to the new upward trend.

FFGO this stock just can't seem to catch a bid. The bevy of recent news and filings has done little to get the stock price out of the bidless $.0001's and into the $.0002 and $.0003 area. It could have something to do with the 74 billion shares outstanding. If there is a stock that can muster some upward price movement with such an enormous share count its FFGO. The stock has done it before. Obviously these bidless stocks carry the risk of total loss, so tread carefully.

WTCT I had a member is my subscriber forum post about WTCT a few weeks back. He had called the transfer agent and was able to calcutalte the float as being around 38 million shares. This is an attractive float for a stock that closed Friday at $.0025 a share. Also the company recently filed with the SEC a change in leadership. Good things could be on the horizon for this stock. I suggest that it be added to your watchlist.

Friday, August 6, 2010

Wednesday, August 4, 2010

Thursday's Stocks To Watch - UWRL, CTYX, KATX, TGGI


UWRL had another impressive trading session. The recent consolidation is nearing an end and UWRL is ready to embark on its next leg higher.

CTYX an interesting day for investors as the stock gyrated up and down to close even. I see CTYX back over $.001 by weeks end.

KATX here we are again experiencing another KATX breakout. These are usually good for a few hundred percent gains, although considering KATX is at $.17, I think a 50% gain would suffice. KATX short term target $.24.

TGGI is in breakout mode after working its way off its 52 week lows. There is no telling just how high this stock will go. I think it could hit $.0015-$.0017 with ease tomorrow.

Tuesday, August 3, 2010

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Wednesday's Stocks To Watch - UWRL, CTYX, HTLJ, PRGJ


CTYX
came to life late in the session, posting an impressive rally into the close.  Investors were scooping up shares with reckless abandon.  This could ultimately mark the turning point for this stock.


 
UWRL a quiet but steady day.  This has been a steady play since I picked it, and has a big run coming soon.  I see $.006 and better which is a handsome gain from current levels.  


http://pennystockgurus.blogspot.com/

HTLJ the volume is picking up.  I think those buying at $.175-.2 are getting the bargain of a lifetime.  This stock is heading over $1 short term.

PRGJ is just waiting for the buyers to bring this stock to the value it belongs at.  The share structure and financials embody a $.05- $.10 stock, yet it trades at $.012.  I don't think that will last.

CTYX - It's Hammer Time



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CTYX traded in a wild session, providing on lookers an entertaining view of a battle between the bulls and the bears.  The stock opened at $.0006 briefly hit $.0007, then fell as low as $.0003 late in the day, as the bid remained under constant pressure.  And then suddenly, it was as if the clouds hanging over the stock lifted, and investors were able to see the true value behind this stock.  CTYX mounted a remarkable rally into the close posting a sizable 40% gain.  It was a site to behold.  I suspect there were many who through in the towel today, but there were also some ready to jump in when the price was right.  That explains the late day rush into the close. I fully expect this positive momentum to carry through the rest of the week and CTYX will be over $.0025 at some point in the near future.  That is my view.  The only thing that will change that view will be a share structure change.  Other than that this stock has a lot of room to go to the upside.

Why do I say it's hammer time?  Today CTYX printed a hammer on the chart.  This is a technical signal notorious for marking the end of a bearish trend.  The bears tried to push CTYX back down, but the bulls took over lifting CTYX higher.  Also one of the market makers who has been leading the selling moved to well over $.001 a share late in the day.

One of the best parts about today's trading session is that after a big sell-off the momentum players leave and you are left with shareholders who have a true belief in the stock and the company.  In order to maintain a new uptrend, if indeed we are starting one, shares need to be held for higher prices.  Those who didn't panic at today's lows likely won't be assaulting the bid on the way up either.

I am not telling CTYX shareholder's to go out in the street and dance, although they are more than welcome to do so.  I just want them to know that today's hammer and late day trading both point to more gains on the horizon.

Monday, August 2, 2010

Tuesday Stocks To Watch - UWRL, SSWC, CTYX, HTLJ

UWRL the stock hit session highs early on Monday before falling to close a tick below Friday's close.  Some may view today's session in a negative light, however I think there is plenty of positives to draw from it.   For the first time in 6 sessions UWRL did not hit $.0015. Also UWRL closed at $.0017 one notch above the $.0016 50 day and 200 day moving averages.  This is a bullish signal, one that should lead to more gains going forward.

SSWC more great news for shareholders of this stock.  SSWC has been a great trade for months now and with today's news that trend is not going to end.  The recent rise in price per share is being done with less volume.  As I've noted previously SSWC is a $.004 - $.005 stock short term and could see a penny within a few months.  The news flow from the company continues to be nothing short of impressive.

CTYX obviously a disappointing day for investors, but not a day to run for the hills.  The upward trend remains intact and with the attractive share structure for this stock, I think CTYX could see $.0025 - $.003 short term.

HTLJ the stock is seeing increased volume.  This is not a $.20 stock.  I feel the value based on revenue and assets makes this a $2-$3 stock or better.  Consider they earned over $4 a share in revenue last year alone.  Each share represents $1 is assets.  Need I say more?