Penny stock list for February 25, 2009.

Penny Stocks – CMLT CTIC DTMG GNTA GRDO GSPG GXPI IDOI IGTP INAR INCL MGLG NEOM PELE RBDC RMTD SOFN XHUA

Attention to these penny stocks:

CMLT – Traded 1 billion+ shares in two days, and, made a lower high, this one is a heavyweight, too much dilution, let’s see what it will make in the next days/weeks, just to watch.

CTIC – Made a double bottom and looks like ready to run high, it’s a buy.

DTMG – Slow and steady, it crossed the RSI70 line, it’s in overbought zone, it’s possible a pullback to .020 and test the previous resistance as support, hold.

GNTA – It has broken the support at .009 and will test the MA50 at .00713, depending of the behavior, should be a buy at this price, wait.

GRDO – Made an higher low and an higher high and closed strong, hold.

GSPG – It has broken the MA50 intraday, but, closed above it, not a big problem, this is accumulation, hold.

GXPI – Looks like the classic shake to buy low, despite the two strong resistances at .00219(MA50) and at .00263(PAR SAR), it’s a buy.

IDOI – Tanked at the close, in my opinion, this was just to catch a stop loss order of about 5 million shares, hold.

IGTP – I was wrong, and pulled back yesterday, I still have all my shares and will wait for the recover, I expect a flat day today with an higher low and a lower high, hold.

INAR – This is a very low volume stock, but, it’s increasing and a run to .25 is possible, it’s a buy.

INCL – It has broken the MA200, if you bought, just hold, this is a risky play, but, can also make a fast run to .0020.

MCET – Made another low, it’s a sell.

MGLG – It’s trading sideways, just to watch.

NEOM – Reduced the volatility, is trying to stabilize the price, hold.

PELE – Touched the support at .0015 again, it’s a sell if it breaks this support.

RBDC – This is a volume alert, I expect a run soon, wait.

RMTD – It’s trading sideways, wait.

SOFN – Respected the low of the previous day and stopped the fall, should recover a little today, hold.

XHUA – It will pullback to .0015 – .0010, wait.

Happy trading
Dr PennyStock

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