Stocks for This Week and Into Summer..........
Post# of 2559
TNTY ~ I originally shared this stock at .153. Since then, we saw a move to the low .30s which was followed by a drop into the .08s when a failed acquisition was unwound. Things appear to be back on track, and the stock has moved into the .50s and .60s while closing at .58 on Friday. Once the first acquisition closes, I hope to see new 18 month highs, well above the $3.00s. I would suggest a little DD be done on the last two months of releases and 8Ks.
SPDL ~ Shared at .0799 in February, SPDL saw a move to .30 prior to being hammered by some older shareholders who decided to move on. When the constant selling from .30 to .20 didn't seem to be coming to an end, those of us accumulating decided to enter bids in the sub .16 area. Patience paid off as the sellers continued hitting our bids and picked up steam, all the way down to .11 last week. Since then, the stock recovered a little and closed at .153 on Friday. It's my opinion, that the selling is nearing an end, and as material news flow increases, the stock could see a healthy move into the low dollars over the next 12-24 months. Recent announcements point to an excellent investment ahead.
GCEI ~ After multiple years of developing their waste to energy technology, GCEI has stated major news is upon us. The stock closed at .005 on Friday. The chart and technicals look good, and we could see a sharp gain when news begins to flow, which could begin any day now. My own targets are based on the weekly chart. A move to .05-.10 seems very possible over the summer.
TMXN ~ I shared this stock on May 6 when it was trading .006 x .008. It closed Friday at .0229. There has been some decent news since it was first shared, and per management, there's some major developments near. Chatter out there has it that the stock could see .30-.40 over the next couple of quarters into year end. We'll see how things develop shortly.
PLFX ~ Relentless selling over the last few months.... It's been very disappointing, but many of us continue to accumulate in anticipation of the major events ahead. The stock has declined from a high of 1.00 to last weeks lows during a steady and continued flow of selling. Most of the accumulation of PLFX with investor friends has been in the .50-.65 range prior to the drop into the .30s last week. Compare it to a .01 stock dropping to .005, and one might not get too concerned with the percentage decline. If we are correct with this stock, the sub .40s are very inexpensive for those with a longer term investment horizon.
IORG ~ After months of silence, the company might finally be ready for financials and news over the next few weeks. Many have sold and moved on, while a few of us have accumulated down into the .11/.12s. Nothing has changed my opinions of IORG as a long term investment.
I'll be posting charts this week on the above mentioned stocks as well as a few others that many of us are invested in.
I hope everyone had a good Memorial Day Holiday!