Buyer Group International, Inc. BYRG
BYRG is gold play that is currently getting a lot of overnight newsletter coverage, so we figured we’d slip in a mention, and put this stock on our watchlist for today. It appears the stock is trading near a relative bottom, and Friday’s volume was well above average.
New PR this morning:
AUSTIN, Texas, March 18, 2013 /PRNewswire/ — Buyer Group International, Inc. (OTCPINK: BYRG) (“BYRG” or the “Company”) today announced that Rudolph M. Dahl has joined its team as a consultant focused on financing development of all aspects of BYRG projects on a domestic and international scale.
“We expect that Rudy will be of enormous benefit to Buyer Group in locating and financing international projects,” said Dave Bryant, BYRG’s CEO. After a thorough examination of BYRG, Mr. Dahl added, “I am excited to be joining the BYRG team and assisting in project development. The more you look at what is out there, the more you can see the potential.”
IC Punch Media, Inc. PNCH
We first mentioned PNCH on Tuesday, and it was followed by fours consecutive days of green closes for the stock. Following Tuesday’s mention the stock traded as low as .006, before reaching its high of .0092 on Friday, and closing at .009. This range marks the chance for gains of 50% or more.
BARCHART.COM is still calling PNCH a “72% Overall Buy” Rating, even after almost a week’s worth of increases.
After so many days of increases, it would not be out of the ordinary to see a pullback on PNCH this week. In that event, we would like to see support hold .0065.
First Solar, Inc. FSLR
FSLR is a big board energy play that we mentioned back on February 27th. The stock made a modest, yet solid 8% move in just two weeks, from a 25.50 low, up to Wednesday’s high at. 27.54. For a stock priced in this range, 8% is quite a good move in such a short time period.
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