These are the penny stocks to watch today:
OTCBB Stocks – APPI BANY CBAY DMEC EPGL GMSC GOVX NAWL NTMM PHEI PLMA SGLS SLWF UDTT USEI USXP XKEM XPNG
From this list above, I think that CBAY DMEC GMSC NAWL SLWF and USXP are the best penny stocks and can move today.
Cheers
Dr PennyStock
Hey Doc, UPDA is once again sliding back to what was your re-entry point (.085-.09)I have also jumped into wrnw(great volume), nvmg and hmgp (very low float)other O&G plays that look ready to jump. What do you think?
Hi Dr Pennystock,
my first visit to your new site, I like it.
CBAY frustrates me again, is right above 0.007 the final bottom ?
Thanks
Cal
Hi Shred
First of all, welcome to my new home.
About UPDA, I really don’t know what to tell you, because the Market conditions are very bad, lately I’ve seen so many stocks give buy signals with amazing volume and the next trading day just fall again with volume to the previous level, and if you look to UPDA right now, you can see that it’s closer to break the support than react on this same support, no volume, no MOMO, no nothing, it’s almost dead, I will not buy any stock till I see the Market act normally.
Cheers
Dr PennyStock
I’ve edited the comment just to say that the next support point is about 0.07, after that 0.036, in my opinion 0.07 will not be strong enough and UPDA will fall to 0.036.
Hi Cal
Welcome to my new home.
Thanks for the compliment.
In my opinion, yes, this is the support, but, caution.
I’ve told you that I’m 90% sure that it will run, but, looks like first it needs to support again at 0.007, give it a day, if today close flat or positive, it’s the signal.
Cheers
Dr PennyStock
Hi Dr Pennystock,
USXP gets oversold. A buy these days ? What do you think ?
Thanks
Cal
Hi Cal
Last Friday it gave the first buy signal, with 600M+ shares traded, let’s see the next two trading days, if stays above 0.0011, I think that is a buy.
Look to BANY CBAY and PHEI, right now, they are better than USXP.
Cheers
Dr PennyStock
Hi Dr P,
I’m holding already BANY and I closely watch it these days in order to add more when it starts to run again.
I must admit I sold CBAY again yesterday after holding it for only a few days. Technically it looks very good, no doubt, but I have no real confidence right now. My impression of CBAY in 2007 is that MMs only move the pps for one or two days before selling huge amounts of shares again (UBSS ?!). It looks like attracting some new buyers before diluting it again. So I don’t know if this is really the bottom now. Anyway, CBAY could explode easily soon, even today, I just think it is risky, too risky for me at the moment.
Generally, my confidence has been hurt recently after collecting some bigger losses so I try to minimize my risk these days until markets get more positive again. Yesterday I held FLIP for only several hours making a tiny profit of 30$ only, actually I sold at the perfect time. I just try to secure profits very quickly in order to establish my confidence again. Tough times to trade at the moment.
Happy trading
Cal
Hi Cal
That is pure common sense, I totally agree with you, right now, that is the best way to make some money, take a quick profit and run, about the rest, you just need to feel good with yourself.
Cheers
Dr PennyStock
Hi Dr P,
PHEI on the move again ! Your target ?
Thanks
Cal
Hi Cal
If it breaks the MA50 at 0.0024, look for 0.004 – 0.0044 as price target.
I just want to sell without losses
Looks like strong.
Cheers
Dr PennyStock
I had to work a lot today and missed the initial lift of PHEI but managed to buy late today at 0.0019. Hope this stock continues to recover.
CBAY is very interesting tomorrow as well, has stabilized and could run soon too. I probably was too pessimistic on this one.
Good luck
Cal
At least it will touch 0.0023, so, you can make a profit.
GLTY and all
Dr PennyStock
Doc,
Take a look at ETIM…it sure has some MOMO. The PPS may be a bit high at the moment for entry but with all the free press it is getting I expect a high riser tomorrow and in the following days, weeks. Yes PHEI is also moving finally and I was lucky enough to lower my average somewhat today. I like the new site. As always I follow your opinions and recommendations religiously…we have had some tough times in the market recently but maybe the worm has turned. CBAY may be setting up to move also.
Hi Easymoney
Curious, another person told me about ETIM in an email that I will respond after this comment. Ok, talking about facts, ETIM has a very powerful chart, I like very much, but, like you told, it’s not the moment to entry, made resistance at 0.007, let’s see where it will stop, I will analyze a few stocks and will publish the charts today on my old blog that I rebuild and I will use to post only charts.
PHEI NAWL CBAY BANY and a few others may run very soon.
Cheers
Dr PennyStock
Doc,
CBAY looking very strong today with nice volume….I would be pleased to see your opinion of the chart with resistances noted.
Thanks and best regards,
easymoney
Easymoney
Just click here to see what you want, the chart says all, look to all the details, arrows, lines, etc.
Cheers
Dr PennyStock
Dr Pennystock,
great day with CBAY waking up. I’m lucky again, managed to buy at 0.012 today, being virtually the last order filled at that price.
Now, will we see 0.024 tomorrow ?
Btw, you have been quiet on USEI lately but it seems to me that this one looks very hot now. There have been constant accumulation for a couple of weeks. I feel this will run soon again.
Cal
Doc and Cal,
Actually I sold my CBAY today after picking some up at .0081 (last week) and .012 (also today). I have just been burned by this one so bad I just wanted to take some profits before they could have disappeared. It looks poised for a continued run…very strong end of day. I will be watching for re-entry.
Best of luck to both of you.
Cal
No, I don’t believe that, it’s possible, yes, but, we have a 1% chance of that, IMO.
I’ve not sold this one because it has broken the support at 0.085 with low volume and I’ve noticed a good support at 0.075 – 0.08, yesterday the volume was good and I agree with you, it will run soon.
Dr PennyStock
Easymoney
You’ve made the right choice, congrats, look to the green line to re-enter (0.012 – 0.013).
GLTY
Dr PennyStock
Dr. Pennystock,
I was wondering what your opinion of UPDA was? It has fallen sub-penny now and given natural gas/oil is in such demand is there any upside potential to this stock.
Thanks Doc,
Tony
I don’t see any potential on this stock right now, the +DI just crossed the ADX line to the down side a few days ago, I don’t see signals of a reversal of the down trend in the short-term.