As you know we specialize in penny stock picks that offer minimal loss risk and the opportunity for explosive gains. This week a lot of stocks look primed so we will be covering more than usual.
Lots of good looking set ups this week can't go over them all but here are some.
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Disclaimer: Not advice. Just opinions. Entertainment purposes only. Uncompensated
Watch List for week of May 12th
DOMK- .0025 http://www.domarkintl.com/
This stock seems to created a bottom by the .0021 level. A low SS stock with strong revenues and in the explosive cutting edge technology sector, also per previous PR's the Canadian website for Monitizer 101 is slated for this week. Do yourself a favor and read a summary of a investors recent conversation with the CEO http://www.reddit.com/r/PennyStockWatch/comments/24wkfv/domk_phone_conversation_with_ceo/
Picking up the stock down here should be a great swing trade over the coming weeks. And perhaps also a long term investment.
CMGO- .024
This fast growing company with over one million dollars in revenues is initiating a stock buy back of 45 million shares with cash on hand. Lots of eyes will be on this stock to see how aggressive they are buying back stock in the open market. This could be a huge winner here.
FGLD- .0006
This triple zero stock has had histories of past runs. Saw huge buying on Friday trading over 120 million shares, definitely looks like it's setting up for a move in the near future.
HRRN-.0004
This easy moving trip is expected to have news soon. Interesting MM action here seems like they're holding it down. There was "paint job" the close the stock down at .0004 end of day. Watch closely for volume picking up as news comes closer.
LBTG-.0006
This oversold stock, finally started what looks to be a nice breakout up 50 % on 55 million shares traded almost all buys.This stock could make a big move if it can break out of the trips on heavy volume keep on watch.
LRDR- .0009
This stock has been dragged down by a diluting MM. Be on close watch for when he runs out of shares or lets this stock "breathe". Could see easy 100% move to the .002 area where it belongs.
GBGM-.0013
Since I called the bottom last week at .0011 this stock has not dropped below. This past week saws very low volume. This was what I believe a confirmation of "the bottom being in" please keep on close watch for the reversal. I've made my case on guest blog post at pennylogic.com/blog
LVGI- .0027
The stock saw strong buying EOD, as news spread this it's now Pink current. A real company with a real product on the shelves that has shown in the past it knows how to run. Definitely one to keep on watch.
SAFS-.0014 www.safershot.com
This stock saw strong buying today, as it finally hit it's bottom with strong bid support in at .0012. This is a low float (a/s 400 million float said to be half of that) stock. That could easily move back up to .002's and may test those levels for a full breakout. And if you like charts there is nothing better then the pattern here.
Updates on previous stocks we've mentioned.
IDVC- The wide spread here is preventing new buyers from getting in. But with the companies filings last week issuing the shares for the buyout or Orbis, we should see the low floating stock take off very shortly.
FBEC-Has held it's support levels since we alerted a few days ago. This easy mover should get going soon as we expect the company to update us on their concert promoting they will be doing this summer keep on close watch.
CYTX-This is the low floaters at these prices in all of the OTC. The Level 2 shows a all retail ask. This one may require more patience then originally thought, but this will move soon in my opinion.
MYFT- After the nice run up, it hit very strong support on .0006's and had some nice buying Friday, usually when they run this up it hit's the .0025 level. I'm thinking they might run this thing again so keep on watch.
CYBL- Saw some more strong buying this week the ask is getting bigger while the bid gets smaller. Keep on close watch because I have got a feeling once the bid gets below 100MM some whale is gonna wipe them out. We are expecting news from this company also in the short term. Real 10 bagger possibility as we detailed in a previous post.
Pushes-
Hearing "pushes" coming to ENTB and SKYF this week so if you get in, ride the momo and get out when it slows down.
Also on watch NECA EVSV TRDX EVDR GGSM SRGL
