Wednesday, December 1, 2010

PRMO next gold stock to breakout?

Today PRMO opened with all buys wiping out 7 market makers in just 15 minutes of opening what seemed to be an eternity for some investors who have held now for months ,now felt like a blink of an eye, the run was just about to start. In about an hour into trading the volume surged  just over 130 million shares , investors finally realized that financial release , reporting of 18 million in assets showed this stock to be very under value. Triple zero stocks take a while but when they go they sometimes post huge gains sometimes over 1000% and the gold Sector being so hot as of late, with fiat currency faltering world wide, PRMO is a steal for many investors. Through out the day there was a battle for .0002's which at a time nobody wanted and today there were about 7 bidding at .0002 , oh the irony, it got so bad even on the boards the bashers started with the rumors, some even got kicked out for breaking rules on the board, nonetheless this stock will be interesting in the days and weeks to come keep on your radar .

 STRONG BUY
http://www.barchart.com/quotes/stocks/PRMO

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