Stocks To Watch 04/01/13 – GOFF SKTO LOTE


Hi Everyone & Welcome New Subscribers,

We hope everyone is enjoying their long weekend, taking advantage of some extra time off, but getting ready for a potentially exciting Monday. While most other major world markets will be closed tomorrow in observation of the Easter holiday, the focus will be on U.S. markets. Although tomorrow is April 1st, and also April Fool’s Day, we’ve got some stocks for you to watch that are no joke going into tomorrow morning!

GOFF  Continued Promotion/Accumulation – (Goff Corp.) – closed up 5.83%, at .4535c a share, on over 14.6 million shares traded Thursday. The stock continued to trade with consistently strong volume, opening above resistance at .43c, and rallied towards the end of the trading session. As mentioned last week, the stock is starting to eerily resemble the pattern this particular group’s last promotion followed, Swingplane Ventures or “SWVI“, which eventually tested $1.00/share. Price dips continue to be the most profitable trading opportunities in the stock, as they have tended to be short lived, and make for a nice profit in a short amount of time. Look for an increase in volume to the upside which could indicate the end is near. Until that point, it seems this stock could keep inching up. Keep it on close watch.

SKTO  Volume/Momentum – (SK3 Group Inc.) – closed down -2.22%, at .0441c a share, on over 38.88 million shares traded Thursday. The stock has been one of the biggest gainers this month, with shares trading below .001c when it started getting attention, and has even seen 1000%+ potential gains from our watch list mention at .0065c, HERE, just two weeks ago. Shares found heavy support at .03c Thursday, before rallying positive on the day to test .05c, and closed slightly down on what appeared to be some normal “Friday” or long-weekend-esque selling. After showing signs of a turnaround to retest highs Thursday, it seems like a prime swing candidate into tomorrow at the very least, but wouldn’t be one we’d be caught holding overnight. Keep it on close watch.

LOTE  Continued Promotion/Watch – (Lot78, Inc.) – closed up 1.84%, at $1.66c a share, on record volume of more than 1.42 million shares traded Thursday. Shares dipped late in the afternoon again Thursday, like they did the session prior, but recovered just the same as the day before by rallying off that dip back to green on the day. There is no denying the stock is starting to show strength, especially when you consider it traded record volume on a Thursday before a holiday weekend, and could be a major play over the next few weeks. An ideal move from here, for us, would be a pull back of some sort towards the $1.20-$1.30 range, or possibly lower, and a move to retest highs past $1.70-$2.00. With the celebrity appeal LOTE has, it could be as big of play as LUXR last year as mentioned last week on our blog. Continue to keep this one on watch.

Happy Trading!

The Penny Stock Experts Team at

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