China Nuvo Solar Energy, Inc. CNUV
CNUV was a good momentum alert yesterday, and it looks like the party just began here. The stock opened at .0028, hit .0031 for an 11% gain, before dipping to .0024 only to turn around to see a run to .0033; a 30% intraday gain.
While the stock closed down 10% on the day, there were plenty of opportunities to turn a quick profit by flipping this one. Maintaining the kind of volume we saw in the previous two days should keep CNUV in line to see even more possibility for profit.
FBC Holding, Inc. FBCD
We have been trying to sniff out a bottom on this past pick. FBCD has been on the back burner for awhile, but has made huge gains for us in the past. The company had news out post-market yesterday, the first time we’ve heard from FBCD since September, and this PR could be just the catalyst needed to bring this stock up off of its bottom.
Exit Only, Inc. EXTO
EXTO has been one of our favorite stocks this year, and continues to give us cause for our continual support. Yesterday EXTO closed with authority at its high of day, up 26% on the day, and more than 100% from last week’s bottom.
Earlier in the week, we pointed out the impending MACD cross, and it appears as if it is now kissing; we should see that cross today.
EXTO is one of our longer-term plays, and proof that even on the penny markets, there are those stocks whose activity makes it easy to stick with. EXTO was prime for a revisit, and we once again picked the right time.
The next levels of resistance here are .009 and the previous high of .0129. We are confident that these highs will be retested, which would represent a gain of 50% from the current price. A move past .0129, and the sky’s the limit for EXTO, we could be seeing new highs in the weeks ahead.
Diversified Global Holdings Group, Inc. DGHG
DGHG has been on another slow and steady uptrend, up over 20% since our recent outlining of the company’s exchange uplisting. It’s great to see a company graduate to the next level, and DGHG reached that sought-after achievement, bringing our confidence level in the stockto an all time high.
The previous high of 1.28 is just a few ticks away, and past that, it will be amusing to see where DGHG encounters a patch of resistance.
Hellix Ventures, Inc. HLLXF
Those of you that have been with us since the beginning of the year, would recall HLLXF as a huge performer, having ran from the .40-.50 range in the spring, to as high as 1.65 on Sept. 21st; that’s 300-400% in gains.
Since then, we saw a retrace to a low of .65, and has gradually been inching up from that bottom. We have confidence in the stock at its current price level, and believe that a break back into 1.00 territory could happen fairly easily, especially if we hear positive results back on the company’s drilling program.
Current gold prices continue to trend up in this uncertain global economy, another factor which plays right into HLLXF’s wheelhouse.