Stocks To Watch 02/11/13 - GNIN BMSN ERBB USGT

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GNIN keeps moving higher, now up 25% from our alert a week and a half ago, and looks strong into tomorrow after closing at another new 52 week high of $1.20. The stock has quietly doubled over the past month, but after making new highs last week, it could be gearing up for it's best days yet. BMSN performed exactly as we expected too, closing up over 50% Friday, and strong off price dips.



GNIN - Continued Breakout - (Green Innovations Ltd.) - closed up another 8.11%, at $1.20 a share, on increasing volume of 1.3 million shares traded Friday. The stock closed at new 52 week highs for the second trading session in a row. After breaking 52 week highs of $1.05c this past Thursday, the stock moved .15c higher into Friday. It certainly seems like momentum and volume are on the rise, which could make for another solid day tomorrow. It may make sense to think about taking some profits come tomorrow and watching for price dips thereafter, hopefully near old highs towards $1.05, and then ideally make new highs thereafter. This is all highly speculative, but without knowing what's really fueling this move yet, it seems most sensible. Keep GNIN on very close watch.



BMSN - Continued Accumulation - (Bio-Matrix Scientific Group Inc.) - closed up 54.35%, at .0071c a share, on over 95.5 million shares traded Friday. Shares closed not far off their .0075c high of day, with lots of late day momentum and price action, and raced higher into the close. We spoke about BMSN last week, HERE, and it's trend of buying dips and selling rips, and how spot on this trend has been with the stock. Such was the case again, when the stock dipped to .0045 support, and is now up considerably higher at .0071c. With momentum as strong as it was Friday, it's likely to move higher early into Monday, but it may be a time to consider profits and stick to whats held true thus far. Keep it on close watch.



ERBB - Momentum - (Tranzbyte Corp.) - closed up 25.81%, at .0078c a share, on over 102 million shares traded Friday. The stock closed at it's highest point in over 9 months and could test the .01c level this week. With the company operating in the ever-so-hot Cannabis sector, it is certainly one to keep on watch over the coming days. Volume and accumulation have been strong, and the stock could still have plenty of gas in the tank. Keep it on close watch.



USGT - Continued Bounce/Reversal - (USA Graphite Inc.) - closed up 22.75%, at .205c a share, on over 3.7 million shares traded Friday. Shares traded as high as .2198c a share and held solid gains all day long. It was put on our watch list Thursday night, after showing signs of a reversal, after closing down 9 out of the 10 previous trading days. Shares traded as high as .85c just two weeks ago, which leaves plenty of room tomorrow for an extended bounce play from Friday. Keep it on close watch.



Happy Trading!


The Penny Stock Experts Team at Todayspickis.com



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