Stocks To Watch 11/26/12 – SRGE OSGIQ ELAY

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SRGE  Breakout/Momentum – (Southridge Enterprises, Inc.) closed up 44.57% Friday at .0133c a share. Southridge Minerals Inc. is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties focusing primarily on the rich, yet highly underdeveloped gold deposits of Mexico doing so in a socially and environmentally responsible manner. Shares have risen nearly 2000% since September and closed at their highest point in nearly two years Friday. Look for this breakout to continue Monday.


OSGIQ  Continued Watch – (Overseas Shipholding Group, Inc.) closed up almost 3% Friday on nearly the same volume as it had Wednesday. Shares have been trending up since establishing a bottom under .50c in early November.With normal trading hours Monday, we will see if the stock can finally test and potentially break the $1.00 mark.


ELAY  Bounce Watch  (eLayaway, Inc.) closed down over 34% Friday as the stock met resistance near the prior day’s high of .014-.015c. The stock moved 200% from our breakout alert at .005c and 1500% from recent 52 week lows. Even after a 34% loss, the chart still seems intact for now after such a massive run off it’s established bottom. The stock’s 50 day moving average sits near .004 per share. Although the stock may catch support higher, the moving average always seems to be the most solid bet on major support.


Happy Trading!


The Penny Stock Experts Team at Todayspickis.com

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