Tuesday, December 7, 2010

Stocks to watch Wednesday


PRMO (Prom Resources Inc) .0003 Today there was massive selling of PRMO shares, induced  mainly by bashers on boards and chat rooms sheer manipulation in my opinion, its the nature of the beast when investors let emotions drive there selling, The stock started at pre-market at .0003 bid and  .0004 on the Ask, there was a sense of uncertainty already from the Mondays trading. The boards were filling up with negative posts and the selling started. On the chats PRMO was the literally the laughing stock , which eventually drove more selling , although the ask did not change at all , there were only 3 left at .0003 but the negative drove the price down to .0001 played just right for investors to scoop shares hence "Buy on Fear and Sell on Greed" PRMO then without noticed surged with massive buys taking out 0002's which took so long to bring down when previous investors endured patiently in the previous months, now there were only 2 market makers at about 2pm and the price closed at .0003. The L2's formed beautifully which now look very thin for a run. Triple zero stocks is like a double edged sword they can go either way, to bad the investors were fooled , maybe that why they call it "Fools Gold"

IGSM (IGSM Group Inc) .0019 This stock has a very nice float of 400 million shares , its had it run before but never could manage to break past resistance of 0040 anyway this price is very nice entry because it has the ability to fly because it trades so thin many investors waited for the "short squeeze" never happened, but i think that will change this time huge volume and rumored news can set this one to new highs

SDIR (Super directories Inc) .0006 this stock was mentioned a couple of days ago when it was .0003 and .0004 this stock has traded well in the past at these same levels and charts are forming well, I see this trading and possibly making a run.
                                                          SDIR CHART
 
  DTSL (Delivery Tech Solutions) .0005 this had great news in my opinion that maybe didnt get to many investors the way it should have this is in consolidation and i think patient holders will see nice gains of at least 100% here again do not look at every tick but be sure that on a good trading day this will post some nice gains. News that its expanding to European markets bodes well for this micro-cap stock

   http://finance.yahoo.com/news/UDS-Plans-Expansion-Into-iw-1242656032.html?x=0&.v=1

Sleeper Stock

STAU (Star Nutrition Inc) .007 this is a stock that I really like and would add on every dip this stock has a product , sells in big chain stores such as Walmart, incredisocks and incredisole brands, there is real product real revenue and rumor of a military contract looming for absorbent sock contract , theses socks aid many doctors to help with diabetes , the only bad thing is market makers but consolidating on dips would play well for a run which can come any time                                                           

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