GSPG.OB which we’ve been watching for a while now has been really proving to be a great trade. It’s been holding all support levels, consolidating at higher levels and breaking out time after time. This thing is really defying the odds found in most sub penny stocks. Watch for this to hold .04, once it confirms this may start making a QMNM type spike (remember HERE) - we may see a nickel tomorrow.

View Tonight’s Scan below for tomorrow:

Monday Night Scan For Tuesday the 15th of July

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UBHI  Ubid Com Hldgs Inc - Breaking out over previous highs

CRWG  Crowdgather Inc - this ones been sneaking up, keep an eye on it

ETLO next MXFD or is it going to tank soon?

FOUR from scan HERE - amazing move so far

GSPG  Goldspring Inc - after a nice consolidation this thing is heading for the .04 break - been quite a play lately and managing to hold all gains despite QMNM and HTOG giving back quite a bit of their moves….

MEYN.PK makes new highs from scan HERE.

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Other scans today:

Sunday Night Stock Scan for June 23rd

QMNM - Talk about MOMENTUM! This stock is $300k dollars short of trading $5 million dollars today. This move has been incredible and although its hard to believe its going to fly too much higher due to its high percentage gains day after day and its need for correction THERE IS SOME REAL support in there and may test towards the .035-.04 range today (but hey then again it could go to .05++!)

GSPG from scan breaking out of a nice channel today if it can top last highs should clear .04 with no trouble. This has such a large shareholder base, and for that matter a short base that it very well could.

FXEN setting up nicely - I like this consolidation here after it helds yesterdays gains, very bullish in my opinion.

FXEN FX Energy Inc - I’m a buyer if this holds $5.75 range or breaks back through $5.85 for the move/squeeze over $6, I like this consolidation around $5 and breakout from it…

GSI grabbed the $2 more of upside I expected, down currently 40 cents off its highs, am looking for .50-$1.00 pull back form that $14 level.

GSI General Steel Holdings Inc - $12 break I’m a buyer only for a quick flip because thats big resistance to break should spike .50-$1.00 + on the break (it has run to spike another $1.00-2 max in my opinion (on this move), after that I’ll be looking for reverse sides for downside potential of $1.00 or so, based on its past it seem as though once it reverses direction it gives back nearly all its gains.

GAIA - not taking off radar consolidation around this area followed by a $15 break should cause a nice squeeze higher.

GAIA Gaiam Inc beautiful bottom reversal, rather large move on Friday. I want to see this continue but I don’t trust $15 yet, I’d watch for it to dip out of open once it finds support buy on the $15 break. If it holds $15 out of open, go for it and it may put in a good squeeze.

NOA - opened much higher than it closed so I didn’t end up touching it, if anyone grabbed a short out of the open near $24 or above, congrats!

NOA North American Energy Partners Inc. This thing has been on cruise control since $10 and has hardlk looked back. This has consolidated the past week around $20 - $21.43 is breakout (52 week highs) if it holds $20.50 I’m a buyer for the $21 break.

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There is not much on scan tonight. In fact, my normal scan only came up with about 5-10 stocks 2 of which I felt were worthy of covering. A second scan netted 2 others which are listed below. I’m sure there will be more that will be in play such as (PDO) (MXC) (FPP) (ROYL) and potentially (SQNM) with either a break or bounce off $14 all of which have been great day trades in the chat room lately.

PINN  Pinnacle Gas Resources Inc - I’d like to see this test $4, notice the past 3 months (end of March, middle to late April and mid May) the stock was unable to break that level. This is tough resistance which if broken can cause quite the squeeze, BUT if its not broken gives us a great shorting opportunity.

KKD  Krispy Kreme Doughnuts Inc - $6 is coming up I’m looking to short as soon as weakness comes in tomorrow this may sit back towards $4.50-5 easily. I’d really like to see a squeeze first of .50-$1.00 before jumping on the short wagon. I’d look for something similar to (GTE) which we saw today break down and recover slightly.

GSPG  Goldspring Inc - this stock is beyond amazing, that it’s held up this long - from .0004 until now holding gains of 1000’s of %’s gains from the lows. It trades day in and day out hundreds of thousands of dollars - pretty amazing. It had a nice consolidation patter in the mid .02’s looking for the .03 break for continuation - normally I do not scan stocks like this but due to the lack of stocks on scan tonight I figured this may provide a quick half penny scalp out of the open.

HYHY  Hydrogen Hybrid Tech Inc - yet again another strong day, now up nearly 500% from the lows where we mentioned it should be watched for similarities of KYUS.
From scan May 29th:

HYHY just placing on watch to see what it turns into, perhaps we start talking about the similarities between this and KYUS and what the circulation is on HYHY.OB in the coming weeks/months

This is a tough one, there has been so much volume through the whole move that at times I feel like it could be over at any second, but on second thought the circulation stated on THIS mailer is unbelievable. SO shorts could be in for it if longs can keep it up. It seems like an easily borrowed stock for many firms which could either help it or hurt it depending if they can cause a massive squeeze. At any rate there should be lots of swings in both directions just like today - in the end the shorts yes.. will win, but how many times will they lose before that final time when the bottom drops out.