Monday, June 20, 2011

Watchlist for Tuesday

SUTI (Sutimco Co).0018 formerly RPPR today traded as high as .0033 the stock since pulled back maybe ready for next leg watch for volume as some traders cannot sell yet because of name change

ITKH (Itinek Holding Co) .0035 the stock today closed at high of the day with current status on pink sheets and now news on financials surpassing expectations watch for volume could be nice entry:

iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry through its Send Global subsidiary, today announced that its sales for the first three quarters of FY 2011 were $8,700,671 compared to sales $7,339,657 for the entire four quarters of FY 2010. Net income in the first nine months of FY 2011 was $232,085 compared to a loss of ($94,511) in the same period of the prior year. Fredrick W. Wicks, Chairman and CEO of iTeknik Holding Corporation, stated, "Any time you are able to surpass your last year's sales in only three quarters of the current year, you are having a good year. We are very proud of this accomplishment and the fact that we have produced a significant profit from operations compared to a loss last year."
The complete financial report for the first three quarters of FY 2011, through the period ending March 31, 2011, can be viewed at: http://www.otcmarkets.com/stock/ITKH/financials.

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