Stocks To Watch 01/08/13 - REVO FARE USGT
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Hi Everyone & Welcome New Subscribers,
Today was an exciting start to our first full trading week of the year. FARE and USGT, two stocks with big budget promotional campaigns, that have been on our watch lists several times over the past few weeks, continued to make new highs on even higher volume. USGT is nearing 100% from our first mention near .545c with FARE approaching nearly 200% from our first mention near .1141c.
REVO - Volume/Momentum Breakout - (Revolutionary Concepts, Inc.) - closed up 126.92% today, on 91.6 million shares traded, at .0059c a share. The stock closed just off it's high of day at .0062c and had solid momentum and volume mid-to-late in today's session as more people caught wind of news regarding an impressive $15M acquisition. Read today's press release HERE. Keep this one on close watch tomorrow.
FARE - Continued Momentum - (World Moto, Inc.) - closed up another 18.66% today at .3001c a share on over 71.5 million shares traded. With a close above the 50 day moving average on Friday, it appears FARE hit many more radars over the weekend, and continued to break out today. Last night we mentioned the possibilities of .30c being tested today and that's exactly what happened. Volume picked up today as well, but we question how much longer the promotion will last. Continue to keep it on close watch.
USGT - Continued Watch - (USA Graphite Inc.) - closed up another 7.61% today at .92c a share on it's highest single share volume day ever of 5.4 million shares. The stock closed at it's high of day and at new 52 week highs. USGT is without a doubt the biggest promotion in the OTC market right now and has one of the biggest campaign budgets we can remember for a stock under 1$. Continue to keep it on close watch.
Worthy Mentions:
CADY - Bounce - (Digital Caddies, Inc.) - closed up 20% today at .12c a share on over 204,000 shares traded. The company issued extremely positive news after hours Friday regarding the closing of financing for the entire year. The stock responded well today and seems to have established a bottom near .10-.11c. Look for the stock to continue moving higher over the next several weeks!
Happy Trading!
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