April 29th, 2008 
Dr PennyStock Penny stock list for April 29, 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 – It’s trading sideways, nothing more to say, hold.
DEEP – Doubled my position yesterday and I should double again today, if I see the ask at .20, I will buy at this price.
DFR – It will pullback to $1, I will buy there.
DVAX – The run is very close, resistance at 1.69 (PAR SAR).
KERX – Great reaction yesterday, has broken the resistance at .54, should support at this level again, hold.
MESA – We have a higher low and a higher high, the stock closed positive, resistance at .63 (PAR SAR), hold.
NUVO – Touched the PAR SAR, should react to the up side today, if not, I will sell, hold.
Happy trading
Dr PennyStock
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Posted in 
NUVO has good news and is trading at $1 on pre-market, the strongest resistance point is at 1.08(MA50), let’s see if it will break this resistance or even trade close.
DEEP – DOc, you think it has a chance to go up again. It just declared BK ? wanted to buy, but the BK shadow is scaring me…
DEEP has fallen to 0.20 Time to double-up and hope the rebound is imminent.
DBEN
If you are not comfortable buying this stock, better not to buy, better buy NUVO, has good news and has good buy pressure.
doc what are your thoughts on todays news and price movement on swvc
Bob
In my opinion, the stock is giving a strong signal of support at this level, the candle of yesterday was a high wave, usually a reversal candle, the volume was good, and today is confirming .0035 as support point.
Looks like a buy point here, but, I can not say at this moment that it will be the base to a big run that all we expect, I need to see more volume and two or three consecutive green days.
Doc, it is a good time to jumb in for DEEP or we have to wait until it is moved to Pink. Thanks.
Tess
Hi Doc, what are your thoughts on kerx for today
Tess
DEEP is already trading on pink sheets, DEEP is a pink sheet stock since yesterday, I am trading this because I bought DEEP before the BK.
I’ve just doubled my position today at .165 and my average is now .315, but, this is to try not to lose money here, this is a very risky stock, I think it will run at least enough to recover all my money, but, don’t buy this, better to buy MESA, it’s trying to break the .60 resistance right now, or DVAX, just gave buy signal, has broken the PAR SAR.
DEEP – Doubled my position again at .165, my average is now .315, but, I have also a substantial amount on this stock, so, the risk is also higher than before, let’s see what it will do.
Thanks Doc, I am still in Mesa. I may jumb in Dvax.
Thanks so much.
Tess
DVAX – Just bought at 1.70.
Hey Doc, love the site. What are your thoughts on DKAM?
Jack
It’s making a small pullback, has a good support at .51 and is trading above .54, previous resistance point with easy, this is clearly a continuation pattern and it will trade higher, it will trade above .60 till the end of this week.
Jim
The stock is trading in a down trend, touched the resistance today and reacted to the down side with volume, it will trade sideways for a while, IMO.
Can penny stock be shorted? Most brokerage does not allow
shorting below $5, is there any brokerage that allows shorting below $5.
Dr P. Thaks for all you do!http://www.cashsystemsinc.com/secfilings.asp
How do you interpet this ammendment to their 10-k filed a few minutes ago? Are they getting ready for transfer of ownership or is this normal? Bid/Ask went up after hours when this was posted.
Thanks- Georganahana
Pipul
You are not the first thinking that
, it’s a temptation, but, legally nobody can short stocks under $5, only using foreign hedge funds is possible.
Georganahana
It’s a little speculative, but, can be a signal of a possible buyout or merger, anyway, it’s the kind of news (rumor) that can boost a run.
Let’s see if it breaks the PAR SAR again to the up side.