Tuesday, March 20, 2012

Watchlist for Wednesday

BOTTOM BOUNCE WATCH

NXOI .0008 this stock has been falling today had a high of .001 at some point this could have a nice rally keep an eye on this stock last news Feb 21 could see news any day

FLTT .0005 this stock 52 week low .0004 watch for a move , trading channel .0005-.-001 could break on next attempt , any news can send this dormant stock

Pink sheet stocks

FRHV .0012-.0016 today the stock saw a nice rally from bottom closing at .0014 this stock traded at .004 high from our first mention at .0016 , with solid updates upgraded website we could see this stock test .004 mark again

SWRF .0021-.0035 today the stock traded strong on volume , this hit a low of .0018 and bounced the stock could see a strong reversal after a big drop, today's action is telling that this financial stock could very well have an explosive bounce with the right buying pressure

ATWT .0005 this stock re-instated today saw nice volume end of day, stocks have had considerable rallies when re-instated. Look for volume and close eye on L2 with o/s maxed out could see 100% these levels

GRPS .0004 this triple zero stock has been seeing considerable volume last couple of days saw a high close of .0006 over its 50 day moving average. Since has retraced but has managed to hold .0003 x .0004 last year the stock dropped and could very well bounce months later with low 200 million float along with new website , this could very well be 300-1000% gainer, these stocks tend to rally at some point, could very well be GRPS time. There was a big buy at end of the day 5 million shares , Level 2 looks thin and with the right pressure could rally

http://stockcharts.com/h-sc/ui?s=grps

With the share structure alone this is a great potential stock


Share Structure
Market Value1 $87,364 a/o Mar 20, 2012
Shares Outstanding 218,409,628 a/o Mar 31, 2011
Float 159,135,628 a/o Mar 31, 2011
Authorized Shares 1,000,000,000 a/o Mar 31, 2011
Par Value 0.0025

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