Pages

Tuesday, August 24, 2010

Wednesday's Watchlist

Reverse Merger Plays:

SEWC -  Over 600M in Vol today. SEWC traded only 39M in Vol yesterday. Something tells the KINGZ that something is brewing & looks as though, that's just what it is. There are talks of a R/M on the horizon and the Vol certainly coinciding with the MACD level and the RSI indicators as well. A/S is 2B & the Float is est. 800M with almost 500M shorted today. With all the trading that took place today, SEWC just very well gap up in the morning & if more investors catch wind of this and continue the buying pressure, this could see .0005 and shorts may start covering to send this stock RUNNING!
    INBG -Still on news watch this week. Investors are sitting on the sidelines waiting to see if the merger happens and the details. R/M's at these levels have seen gains from 5,000% to 40,000% so if news is good there's a pretty penny to be made here, but if there's no R/M then there will be a huge sell off. Which is why we don't invest with money we can't afford to lose.


    High Alert Plays:


    KHGT - We alerted KHGT via twitter early this am at .25 and stated that this would hit .30, and within 3 hours of our twitter alerts, it touched an exciting .32 and consolidated very nicely thereafter with a close of .30. The weekly chart is still set up pretty nicely being that TRIX, MACD, & RSI indicators are still pointing north. We the KINGZ feel that the buying pressure will continue to flow tomorrow being that it consolidated superbly for 2 hours straight without going below .30

    XYNH - Some expected pullback today as investors took their profits. Could pullback as low as .0011 if it does that will be a nice entry point to ride the bounce back up.

    As always do your own research. Happy trading to all!



      No comments:

      Post a Comment