November 30, 2007

Penny Stocks to Watch by Stock Analyzer

By admin

Rating 3.00 out of 5

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Penny Stocks to Watch

Great numbers and new faces in the chat room today. Hitting 27 members and a few new faces are starting to come in and share both big board and penny stock plays.

Our stock profile of AFFN did well today. Starting the day .30 by .40 and closing at .45 by .51 I believe. I did add today and I think we should have some good potential here to test .60 or .70s in the short term (week or two) We MUST remain over .25 .30 to keep this stock in play IMO

Here are my stock scans for tomorrow:
SNRN looks like a possible play here brough to us by one of our SNO members. Chart looks like a possible bottom was formed at .12 and MUST hold .10 .12 range to remain in play. Resistance at .18 .22 ahead and then possible .28 if we see continuation

AFFN I added today and is our new SHO stock profile. This stock moves fairly easy and we could see .60s or .70s in the short term. I added 6k shares today and it moved up nicely. If the stock gets a few 2-5k share buys here and there we could see a nice rally start. This is not a recommendation to buy but it is a stock I felt comfortable buying a small amount to let it ride and see how it turns out. Here is a chart showing .60 break could get us to .70 .80 range

GSPG (chart not great to see) but this looks like a bottom at .004 and could test .006 again in the short term

I am not a registered broker so please buy and sell on your own choice. These are just my opinions and should not be used for buy/sell signals.

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