Stocks To Watch 04/30/13 – FLPC AAMRQ WSGP


Hi Everyone & Welcome New Subscribers,

The talk of the town again today was LOTE, as the stock surpassed $11, hitting new highs of $11.65, making it one of, if not the most, incredible penny stock promotions of all-time. As mentioned last night, penny stock traders will likely refer to several promotions over the next few years as the “next LOTE” instead of the “next LEXG” after this move. One thing we found very interesting, was that LEXG‘s peak was made on April 29 of 2011, which is an eerily similar coincidence to LOTE.

FLPC  Potential Breakout – (First Liberty Power Corp.) – closed up 8.47%, at .0064c a share, on over 7.83 million shares traded today. The stock saw a moderate increase in volume over Friday, to the upside, and responded well as a result. By trading as high as .007c a share today, the Parabolic SAR indicator on the stock’s daily chart has turned positive, which has been a solid indicator in the past of the stock moving higher, and could have the same effect again. We mentioned in our e-mail last night the fact that FLPC reported no change in the float last week, which may be a sign that the non-dilutive funding the Company already received a commitment for is very near being closed on, or has already been closed on. With that being said, the stock could move at a more gradual pace overtime, ideally moving higher as the Company gets closer and closer to production, which is expected soon. A break of today’s high at .007c could garner even more momentum soon, and we’ll be looking for that as early as tomorrow. Keep it on close watch for a potential breakout.

AAMRQ  Accumulation – (AMR Corp.) – closed up 4.74%, at $4.20 a share, on over 7.28 million shares traded today. The stock was featured on our blog last night, with the time seeming extremely right, as things got back to normal for airliners after recent cuts from sequestration, and seems strong into this week for a test of 52 week highs at $4.52. Shares traded as high as $4.23 today, closing not far off that level, and seemed ready for even more into tomorrow. Look for a break of today’s high tomorrow early and a retest of year highs soon. Keep it on close watch.

WSGP  Accumulation/Promotion – (Western Graphite Inc.) – closed up 10.11%, at .98c a share, on 644,328 shares traded today. The stock traded up all day, with the exception of the first half hour of today’s session, and closed at it’s high of day, and at all time highs, making it a strong candidate for even more tomorrow. A test and break of the $1.00 level could bring even more momentum into the stock, as we talked about last week, and could happen as early as tomorrow after some much needed consolidation last week and today’s “perfect” close. Remember, the last promotion from Tobin Smith, who’s behind this particular campaign, PSON, started near .85c and went above $1.40, which gives some insight or perspective on what could be expected here. Keep it on close watch.

Happy Trading!

The Penny Stock Experts Team at

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