Lots of movers today as we saw in chat - check out these sub penny stocks HERE.

LBAS still on a tear HERE.

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SQNM I’ve been trading a lot the past few weeks along with ROYL due to its tendency to swing between .25-.50 cents numerous times per day. BUT, the past few days here its been tightening up and not providing as many opportunities. I’ve got it on radar now because soon some volatility will come in, either a squeeze towards $18 or it will top off - as shown below on the ROYL chart - as ROYL did today. So worth having up on your screen for the flippers.

ROYL

From Scan HERE. EGI perfect breakout over $2.00 after the $1.80 break. Great .40 cents profit, watching for a gap and crap tomorrow

EGI  Entree Gold Inc. Nice consolidation around $1.50 for the past 2 months, it double topped at $1.80 Friday - I’d be a buyer on dips if it holds Friday’s gains, and add on a $1.80 break. It may head straight towards $2.00 on the break. (EGI)

COIN  Converted Organics Inc - let it run out of open, after a potential gap then I’m monitoring for the short. It has room to run towards $8.

TGC  Tengasco Inc nice move today, the $2.70 break sent it soaring towards $3. Tomorrow may bring a gap and run at which point I’m looking for the short back under $3. No reason to fight the trend, I’ll wait for it to top. Today’s move good for $.30 cents so far from the $2.70 break.

TGC from scans breaking to new highs, $2.70 may send it to $3, I’d like to see it test that out of the open and on weakness I’m looking for a short, if it can take out $2.50 support I may hold the short back towards mid level $2’s

HYGS  Hydrogenics Corporation - didn’t fail to $2 break, in fact broke it and squeezed and made for a nice intra day short from $2.22 to $2.07 for me as posted HERE.

HYGS on failure to break $2 I will short, this can sit back quite a bit coming from lows of $.50 and near 400% gains

Tags: COIN, EGI, HYGS, ROYL, SQNM, TGC

This entry was posted on Tuesday, July 1st, 2008 at 9:39 pm and is filed under NASDAQ, Plays. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.