Stocks To Watch 11/20/2012 – LQMT GWYT TRTC ELAY

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Markets rallied today, with the Dow Jones up over 200 points, due to rumored lawmakers discussion on a resolution of the looming fiscal cliff. Apple, Inc. (AAPL) shares bounce back in a big way, closing up over 7%.


LQMT  Momentum/Past Runner -(LiquidMetal Technologies, Inc.) closed up 45.45% today at .16c, the high of day. Momentum was strong throughout the entire day and with a close at the day’s high, the stock has a better chance of continuing tomorrow. LQMT has had several large moves in the past as indicated on the stock’s weekly chart and could see nice gains in the short term as it bounces off of 52 week lows (similar to ELAY).


GWYT  Volume/Momentum – (Greenway Technology Inc.) closed up just over 163% today at .19c on it’s highest single share volume day ever of 19.9 million shares. The company issued news this morning that was complemented with a decent sized promotion of $175,000. The paying party behind the promotion likely recouped their principle early on, and then some, as indicated by a big block trade late morning when market maker VFIN move from the offer. With the possibility of the stock trading on it’s own (no selling outside of retail buyers), and the likeliness of such being the case as indicated by a high of day close after creating a new low early on – GWYT could have a quite a bit more in the tank. Keep this stock on your radar early tomorrow morning.


TRTC  Continued Volume/Watch – (Terra Tech Corp.) closed up another 3.3% today at .44c, now up over 35% since being placed on our watch list last week. The company has been on our list almost every single day after showing continued strength. Volume is staying strong too, over 800,000 shares traded today, which bodes well for a further move north and a potential test of the .50c level over the coming days.


ELAY  Continued Watch – (eLayaway, Inc.) closed up 27.03% today at .0047c a share after being placed on our watch list last night. We mentioned the .005c a share level as a major resistance that could fuel a breakout if the price were to break through. When the stock broke .005c this afternoon, it quickly moved to .007c a share, holding above .006c most of the day, but closed at .0047c still under resistance. It is imperative, in our opinion, that the stock close above .005c to continue to move higher. Congratulations to those who capitalized on the price breakout after .005c of up to 40% at .007c a share.

Happy Trading!


The Penny Stock Experts Team at Todayspickis.com

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