Penny stock list for April 24, 2008
Penny Stocks – AAI BBI CKNN CYTR DEEP DFR DVAX FBR FMD GNBT GRO HYTM KERX LUM MCU MESA MSPD NBF NUVO PTSC PTSH QTM REV RMDX SCA SWVC TGIC TMA XJT XRM
Attention to these penny stocks:
CKNN – The stock made a doji with average volume, let’s see if it is today that the stock will break the PAR SAR, the PAR SAR is at .38 but, today must be at .36, so, if the stock price at .37 we have a breakout, hold.
DEEP – The volume is increasing, but, I don’t see a possible bottom yet, I will double my position soon, hold.
KERX – We have a lower low, but, also a higher high, this pattern is called a Bullish Engulfing, the stock touched the support and closed very close to the HOD (High Of The Day), we should see .50 or higher today, hold.
MESA – As I predicted yesterday, the stock has broken the support at .50, still no signal of a strong support point, I will maybe double my position here, hold.
NUVO – Nothing to say, is trading sideways, has support at .80 and .76, hold.
Happy trading
Dr PennyStock
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CKNN – The PAR SAR is at .36 and the stock made .3599 as high of the day, I expect another try near the close.
DEEP – I am buying right now and will double my position.
MESA – I think that it will close near the high of the day or even break the actual high of the day.
Hey doc… Three for you to watch… SPNG, CLXN, WEHI
Hi Greg
SPNG – It is on my screener since a few weeks ago, but, is too slow and has a strong resistance at .043 (PAR SAR and MA200).
CLXN – Too much dilution, very high risk, too close to the three zeros zone, not good.
WEHI is a pink, I don’t trade pinks, you know.
Cheers
Dont understand, why is MESA down with Oil down and all airlines up big time ?? You even have bankrupt Frontier trading higher today ? If MESA can be up in a day like today, will they ever be up. Is it time to Sell ?
Sorry Doc, forgot we’re Blogging… I’m use to Tommy’s page…
DEEP – Doubled my position at .49, my average is now .73.
DBEN
MESA is making a reversal candle, it’s time to buy. Don’t try to understand the market, just follow it, it is always right.
Greg
No problems, you are always welcome.
Doc what is going on with swvc. I assume you are still holding, as I am.
Bob
Yes, I still hold, it depends of the close today, if the stock close above the open, it will be a reversal candle, the volume is increasing, it’s a good signal, but, if the the stock close near the low of the day, will be a very bad signal for us, I think that it will reverse.
CKNN – We have a breakout, finally, first test will be .46.
Doc, can you check the margins out on the website? YOur sponser margin is overshadowing some of the lead blogs..
Doc, MESA was the only airline closing in the red in an airline rally and oil down. Honestly,is it time to sell this thing. If we cant go up in a day like this, we are doomed !
MESA can the real reason for it to be at .45 is because of the litigation with DELTA and the possibility of losing that contract ? if not, there was no reason for it to not rebound along with airlien industry today
Greg
I use resolution 1280×1024 and the blog is perfect, what is your resolution? Also can you take a screen shot and post here a link to see what is the problem, please?
DBEN
Yes, can be the litigation with DELTA.
Doc, CKNN and Kerx is trading under $1 closing to 30, do we have to worry about delisting? if that, the stocks will be going down? Sorry for memting this but it is real. Thanks
Doc,
Do you have any concerns if cknn goes 30 business days under $1 and potentially gets delisted from nasdaq? 30 days is 30 April.
MESA – Doc, are you still holding MESA after today ?
Isn’t DEEP going down the tubes? They fired a hell of a lot of people and hired restructuring personel. Isn’t this an indication of bk? My average cost is $1 and I’m about to jump ship…hehe
what is the address for the blog
CKNN starting to show life…
Regarding CKNN trading under $1.
Couldn’t you just buy one share at $1.
Then sell one share @ $1.
???
Problem solved.
DFR is on a roll today. Glad I was still holding on to it. Thanks Doc.
Tess
Yes, this is real, but, there are many stocks trading under $1 for months, the management can appeal to not be delisted, unfortunately the management of DEEP has not appealed.
I just hope it will run in the next days to sell.
Georganahana
Read my response to Tess above, yes, it’s a real possibility, but, I hope that the management of CKNN react in a good way to us.
DBEN
Yes, I am still holding MESA and I doubled my position today, the next resistance is at .63 (PAR SAR).
Shaun
I doubled again my position and I consider double again if necessary, I think that the stock will recover from here.
Imran
You are on the blog, this is a blog.
Greg
But still too much indecision, it needs more accumulation.
Eric
Good way to resolve the situation
, but, it’s not possible, if you put an order to buy a share at $1, you will buy at the actual ask price :).
Net
Congrats well done, I lost that run :(.