TGC completed its correction today in my opinion with a sell of to $2.00!! This is why we watch these high flying stocks, because whether or not this is going to $5, $10 or $20 long term in order for it to have a healthy move there it needs to pull back after each large move to the upside. All we are doing is taking advantage of that. I’d watch for the sell of some more this afternoon and it may end up proving to be a great bounce. I’d watch for consolidation/support around $2.15-2.20. If it stays below it I’d be cautious and watch for any major sell offs to create a “bounce” position.

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

VEXP great drop here where it was unable to break $1.25 a great nearly .50 cent short, I’d suggest probably closing the position here. This is the previous scan HERE.

It may be able to carry some mometum if you look far back on the chart its been a huge squeezer in the past before it’s reverse splits. However, if its unable to break $1.25 in the morning… and there are shorts available it may be worth taking a test back to sub dollar land.

JUHL.OB amazing three day double for those who chose to buy! Currently $5.10 up another dime since I wrote the title of this post! I’m happy here with a double, I’d be inclined to take 50% of my position off and let the rest ride in case any squeeze… after all you can’t go broke taking a profit. If you are holding I would sell into any large spike, yes this could go to $6-7 or more but where else can you get 100% return in three days virtually sweat free?

To see JUHL’s first mention visit HERE.

IDAE had a slight dip today - but right back up with some staying power, curious to see how this pans out.

From last nights scan HERE. BBX BWTR UXG sneaking up, GSS opened below where we were looking for so take that off the list.

Don’t forget LiveStock today…

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