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View Full Version : Penny Stock Watchlist 5/22



Blaine Tarr
05-21-2012, 07:42 PM
BPAX - Winner Winner Chicken Dinner. Not in? Watch for gap up and first high break to long it or gap and crap bounce. If it opens weak but still above .50, it needs over .53 for continuation. Opens below .50, might see some sellers before getting a bounce back towards .50. Play what it gives us. Better yet, join us in chat (http://onlinetradersforum.com/showthread.php?t=623969)!

GWBU - Absolutely gorgeous bounce called around 1.15 today. Solid 30%+ if you held rest of day, although I did suggest taking profits a bit early, nonetheless this was the washout I was looking for. Now they should try to get it going again. Needs over 1.60/1.65 in the morning hopefully on more volume

ROSG - nice gap and run today, watch for over $7 again in the morning, may have more in it. Stock is nuts. Gotta love low floaters after reverse splits of real companies. Sub-pennies that r/s don't count :p

EKDKQ - lost their patent cast today causing a sell-off into close. Any major panic in the morning may entice a quick bounce play.

MDMC - promo still inching up, should speed up one of these days, otherwise if you are long and it falls back below $1 be careful.

CUBV - promo, watch the .20 spot tomorrow.

PVA - decent chart, could get a breakout on daily tomorrow:

http://finviz.com/chart.ashx?t=PVA&ty=c&ta=1&p=d&s=l

Others to watch: LHPT GEAR BNVI MSVS PPHM SMAA ANYI BCLI IWEB RDN ZOOM KERX PSUN DCTH SWSH

Over $5: BWS OSIR TECUA UCTT FRO AAPL - pretty much anything you want, seems a bunch of oversold stuff could bounce back if the market does.