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AONEQ had a strong day from the top of our watch list last night, closing up more than 22%, and trading up more than 54% at today’s high of .068c. Although the gains weren’t as big as they were with PPMIQ on Wednesday, which we somewhat predicted, they were still good enough to make it one of the best plays Thursday. Did we find another “Q” on the move to make it 3 for 3 to end the week?
ACTC – Continued Breakout – (Advanced Cell Technology Inc.) – closed up 11.11% today, at .09c a share, on over 36.6 million shares traded. The stock was also on our watch list last night, and although it traded with less percentage gains, it closed at Thursday’s high making it more than watch worthy into Friday. This could develop into a longer term biotech play where dips could be looked at as the best opportunities. Although that remains to be seen, the volume increasing to the upside for two days in a row, and potentially three come tomorrow, could make for a nice continued move here. Keep it on close watch.
PCXCQ – Potential Breakout – (Patriot Coal Corp.) – closed up 52.87%, at .24c a share, on just under 6 million shares traded today. Like that of PPMIQ earlier in the week, the stock traded with record volume on the year today, and could make a nice rally into tomorrow as well. Although it didn’t close at today’s high of .257c, it wasn’t far off, and has the potential to test .30c or higher soon. We’ve seen a lot of “Q’s” run this week, which could put this on a lot of radars tomorrow. Keep it on close watch.
FNMA – Bounce Watch – (Fannie Mae) – closed down -40.34% today, at $1.73c a share, on over 205.75 million shares traded today. After creating new 52 week highs of $5.44 a share on Wednesday, we’ve seen shares fall significantly, providing multiple daily swing opportunities along the way, that could find a bottom soon and see a nice bounce. The stock’s 50 day moving average sits at $1.11 a share, which would represent the heaviest support the stock has at this point, and will be a spot to look for. It’s hard to determine where an actual bottom may be without watching the stock in real time and paying close attention to valuable minute charts. Keep it on close watch for a turn.
The Penny Stock Experts Team at Todayspickis.com
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