Penny stock list for July 17, 2009.

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

Attention to these penny stocks:

ABK – Made resistance at the RSI50 line, it will need more time to run again, hold.

AIG – Possible support at 12.5, hold.

AMNE – This is accumulation, it needs more time, hold.

BCND – It’s trading sideways, hold.

CORS – It has broken the RSI50 line to the down side and made resistance again at .29, but the ADX still looks good, this stock is very volatile, it will spike again to the up side soon, hold.

FRE – In the future I will avoid NYSE and NASDAQ stocks, I am full of this BS, they are more unpredictable than pink sheets, as soon it spikes to positive territory, I will recommend to sell all NYSE and NASDAQ stocks, hold.

GNBT – Still in accumulation, hold.

GSPG – Just to watch, possible buy soon, wait.

IDOI – It’s trading sideways, it needs to consolidate a little more, hold.

IGNT – Looks like it is trying to support at .004 – .0039, lets see if it will confirm the support, hold.

LGTT – It’s trading sideways, hold.

OPGX – It was a big mistake hold this for so long hoping for a spike that never came, just to try to help those that bought this higher than the recommended buy price of .0010, this stock was at .0050, a 400% profit, it was a big mistake not to give a sell recommendation at this price or even at .0020, a 100% profit, I will never do it again, it’s always preferable sell with 30% or 40% loss than with 80% or 90%, a loss is always recoverable with any other stock, this is a dilution machine and we need to sell this as soon as possible, and as high as possible and recover the losses with other stocks, hold.

PINR – It’s trading sideways, hold.

VGPR – The sell pressure almost gone, it will run in a few days, hold.

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Dr PennyStock

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