Penny stock list for July 16, 2008

Penny Stocks - FVRL GCOG GRDB GSPG HTOG IRBL MGI NCC PFB PMI PTSC PTSH QMNM RAD UPDV XJT

Stocks - ABK AMD AMR CDE CPSL CPST ESLR ETFC F FMNTQ FRPT IDEV IVAN NCC ROYL SIRI SONS WM

Attention to these penny stocks:

FVRL - Nothing to say, hold.

GRDB - It has broken the support at .10 and increased the volume, but, closed above the support, not so bad, maybe a false breakout just to increase the volume, hold.

GSPG - It’s testing the previous resistance as support, I haven’t bought yesterday because I want a confirmation of support at .035 or above, if it confirms, I will buy today.

HTOG - It’s trading sideways, I will hold for now, looks like strong even with a very bad market the latest days, hold

IRBL - I just want a confirmation of support today and I will buy.

PTSH - Made a doji, increased the volume, but, the resistance at .0016 is very strong, it will try to break the resistance today, hold.

QMNM - Not bad at all, despite the red candle, the body is very short, it means that the sell pressure decreased and should support near this mark, hold.

UPDV - It has broken the PAR SAR and should fall a little further, I will hold and maybe double my position, hold.

Happy trading
Dr PennyStock

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