April 28th, 2008 
Dr PennyStock Penny stock list for April 28, 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 has broken the PAR SAR, but, still no signals of a run, has a short-term resistance at .38, hold.
CYTR – Has resistance at 1.05 (PAR SAR), it will try to break this resistance today, next resistance at 1.40 (MA50).
DEEP – Filed BK after close last Thursday, I will see the trading pattern today to decide my strategy about this one, looks like it will trade on pink sheets today, still hold.
DFR – Powerful candle on Friday, I will try to catch a pullback to buy the stock.
DVAX – Looks like ready to run, made a doji and doubled the average volume, resistance at 1.73 (PAR SAR).
KERX – It’s trading sideways, hold.
MESA – Confirmed support at .44, I will double my position today, hold.
NUVO – It’s almost touching the PAR SAR as support, if I don’t see a positive reaction today, I will sell at a profit, hold.
Happy trading
Dr PennyStock
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Posted in 
MESA – Doubled again my position at .50, my average price is now .553.
Cool Dr. I wish I had that much money like you. We missed you last friday.
DEEP – Doubled again my position today at .20, my average price is now .465.
I consider double again my position if needed just to recover from this situation, I think the stock will support here and will recover.
Tess
I will respond all the comments now, sorry but last Friday was a very busy day, was impossible respond to the comments, I just published the comments, but had no time to respond or even to follow the market, lost two good runs, DFR and XJT .
I have always money available to these situations, but, when I began trading was difficult.
Hi doc how come CKNN is not getting any volume at all..
Mjstyle
Still not enough accumulated shares to run.
“Still not enough accumulated shares to run”.
Please Doc, could you explain this one a little clearer if you don’t mind. I just want to understand it deeper.(Not rush, when you have time)
Thanks so much.
Tess
What makes a stock run up, is the buy pressure, and, to create buy pressure, much shares need to be bought, these buyers will hold their shares to sell at a higher price, when we buy, less shares will be free to trade on the market, it’s called the free float, and if the buyers have not shares at .34 they will rise the bid to buy more, but, if there is not enough shares to fill that order, he will need to rise the bid again to buy all the shares he want, and so on, this is accumulation, the buyers accumulate shares that they bought from the sellers, when the sellers finish to sell their shares, the stock will run naturally because there are not free shares on the market.
This is the law of the market.
Doc,
That is very clear. You are very good Teacher.
Thanks again.
Tess
Doc is swvc a buy, hold or sell.
Bob
I will be totally honest with you, at this moment I am so confused with the trading pattern of this stock that I have no idea, the RSI is touching the oversold line on both charts, the daily and the weekly, the ADX gave sell signal on the daily chart and buy signal on the weekly, the indicators are very confuse at this moment, we need to wait a few days to see if the stock gives some strong signal, positive or negative.
Kerx,
Dor, Kerx is running now. any thought Doc.
TEss
Tess
My only thought is, let it run
.
Very powerful, but, it needs to break the .54 resistance, after that, it has resistance at .69.
KERX just broke the resistance at .54 and made HOD at .57, very, very powerful.
MESA – Doc, what you think about Mesa ? Are we on an uptrend ? Most of the airlines were down, MESA did good today.
Doctor Penny:
I found your website a few weeks ago and had a success with the purchased of SCA and KERX. You noted on your website your failures in the begining, and your success as you began studying penny stocks. What are your study methods?
Thank You,
Perkins
DBEN
We are not on an uptrend, even if the stock breaks the PAR SAR, no uptrend, to break the down trend, the stock must break .90, I think that the stock can hit .90 in the short term, but, first it needs to break the PAR SAR at .63.
Perkins
Your question is a little confuse, if you talk about the indicators I use, I can tell you, I use Volume, Parabolic SAR, MA50, MA200, RSI, MACD and ADX.