Penny Stock Watchlist 10.25.10
RITT ZAGG HOOK EONC MCP NLST REDF REE
Ready to start the new week strong. Feel good after tagging SHZ both long and and short last week and I thing we have ourselves another candidate this week.
RITT
What an exciting play for Friday. Since Thursday RITT has move up over 200% . No doubt there is some message boardĀ pumping going on here. This stock was such a low floated until Friday when volume quadrupled. It;s still early in the pump cycle so RITT could bounce more. Definite short play soon.
ZAGG
Have to keep this up on the list. ZAGG is not a true slug of a company. but looks as if the run is loosing steam. If ZAGG holds above 8.40 it could break out to $9. If it struggles in that area it should retraceĀ to 7.50
EONC
And old runner and crasher about a year ago. I saw that it had a nice spike on Friday so I have added this to watch. I remember Lionmaster from TheLion was pumping this heavy and his many disciples were following him to the holy land. This company is terrible so I do not expect this spike to hold. I would like to see another up day before shorting
HOOK
This was brought up in chat on Friday. After looking at the daily chart I like this as a swing long play, especially if it can brake 7.50. We will see what happens Monday morning
Others still in play from previous watch
MCP NLST REE REDF