Penny stock list for July 2, 2009.

Penny Stocks – ABK AIG AMNE BCND CORS FRE GNBT IDOI IGNT LFBG LGTT OPGX PINR

Attention to these penny stocks:

ABK – It’s trying to rebound, hold.

AIG – They made a 20:1 reverse split without warning, these idiots will see what a R/S will do to the stock, unfortunately, we will need to deal with it, the only way will be to average down on the next support point, we need $33.20 to break even, the next support point is at 11.60, lets see if the stock supports above it, hold.

AMNE – This is a nerves war, I continue to believe it will breakout very soon, hold.

BCND – It will trade sideways, the weekly chart continues strong, hold.

CORS – It will trade sideways for a few days, before any try to break the MA50, hold.

FRE – It’s very close to the PAR SAR, it will try to break it, hold.

GNBT – It has support at this level, I expect a recovery soon, hold.

IDOI – Finally the breakout, the close was strong and I think it will continue the run, resistances at .0018, .0020, .0033, .0057, hold.

IGNT – The company is dumping billions of shares on the float, dilution will kill the stock, possible sell today, hold.

LFBG – It will fall further, wait.

LGTT – We should see a white candle today, the volume decreased, it means the sell is almost done, hold.

OPGX – Confirmed the support at .0003 and made an higher low and an higher high, lets see if it makes a spike to .0013 – .0020, at least, hold.

PINR – Made an higher low, but, it has still sell pressure, it will need a few days more before any new run, hold.

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Dr PennyStock

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