reposted for Big Tuna: The time has come to rev
Post# of 63700
The time has come to revisit a few of my favorites as I believe a reversal to the upside is underway for all five stocks listed below.
SNST
PLFX
ATOC
RGFR
IORG
SNST saw a low of .1601 in early December. It's now at .77. Previously it moved from a low of .02 to over 3.00 in anticipation of some major funding for the company. Unfortunately, that fell thru and the stock began a lengthy decline to a low of .1601 in December prior to rebounding to .86 last week. There are approx 14MM in the OS and a float of about 2.2MM. The company carries a large book value which I hope has finally been monetized to a certain degree. Recent news is interesting.
PLFX has been trending in the .50s to .80s for since early December. Extremely thin and will be very difficult now to accumulate a 50,000+ position. Go to www.pulse.co and do your DD on the team and the Digital Human technology. Last year, upon announcing that Simon Fuller joined the team, the stock ran from .40s to almost 3.80 within two weeks. In my opinion, the company is now on the verge of major news and execution.
ATOC is another stock that if one is inclined to do so and acquire a decent portion, you'd better get to it. Less than 1MM in the float and tight. Begin your homework at www.atocworldmedia.com. In late 2015, the stock was trading at under .10 prior to appreciating to 1.20 in the summer of 2016. As with all emerging companies, the stock saw a lengthy decline to the recent lows of sub .10 with the last trade at .25. My opinion is this stock shouldn't be at current levels and any volume will witness appreciation to similar levels seen in June. The OS is under 7MM with a float of approx 1.2MM. Very thin and tightly held. Just needs that news flow and filing catalyst.
RGFR is very in the O&G space and appears to be a solid, emerging company. Check the last few 8Ks and crack some numbers. Looks very inexpensive based on the recent acquisition of the Cherryvale property. 2,000,000 of recoverable oil, and using today's price of oil at $50+ per barrel, that's over $100MM in the ground. Approx 16MM OS and a float of under 2MM.
IORG appreciated from Oct 2015 from .04 to 1.10 into June 2016 prior to a series of delays resulting in a decline to the recent lows of .125. The stock begin to recover this week and closed at .3299. The OS is just over 16MM with a float of 6.24MM. IORG offers a very interesting and complex software and stock tracking analytical platform. Go to the website, and begin your research there.
I'll be active here for the next few weeks and months primarily focusing on real companies, with strong potential and solid fundamentals. I'll be sharing the charts for those interested in technicals.