Normally I am not a sub penny trader but boy has chat been all over HTOG and QMNM today.

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QMNM consolidating and heading back up should test .03 by end of day.

HTOG Leading all subbers this may head all the way back towards where it fell from if the volume and momentum can keep up and dilution doesn’t kick in.

UPDV and oldy but a goody, numerous reverse splits, had a decent run last year or the year before many may remember it as UPDA.OB

GCOG consolidated and now with volume could support a move towards .01.

I don’t believe this buyout for a second… but it makes for a good play for those in low, so congrats!

Tonights scan really didn’t produce ANY results. So I have two of interest directly below and then went back through some previous scans and found charts that have set up for their next move.
Watch these Oil and Energy plays for volatility:(MXC) Mexco Energy Corp (PDO) and Other Crazy Energy/Oil Plays

There were a few other scans tonight you can find buy either scrolling down or “previous page”

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ROYL Royal Energy Inc - This is an EXCELLENT day trade there are many swings both long and short. The volume is enough to get in and out and play bigger for that quick 10 cent scalp or smaller and wait for the .30 to .50 move.

QMNM Quest Minerals & Mining Corp - This thing that burst out of no where should be a good bounce tomorrow, the volume is still there, trading nearly $8 million dollars for the second day in a row. Pretty amazing - this very well could test .05 again given a bounce, but until it turns its a bit questionable. It had news after hours so may propel it out of the bell as long as their are more buyers than sellers.

Scans from previous charts:

IPSU from scan HERE - held the $14 and broke higher, watching for a move towards $16.

IPSU great move today watching for more of a move tomorrow, needs to hold $14 as support for a confirmed reversal - HERE

IPSU Imperial Sugar Co New - coming off bottom, I am a buyer on the $14 break for breakout towards $16 - HERE

BOLT played out nicely from scan - it has since consolidated and looks likes its ready for more. Keep an eye for the $24 break for a squeeze towards $26.

From previous scan HERE.

BOLT Bolt Technology Corporation - broke out of consolidation today, $22 breaks it still has room to run, look back to last April, it can hold its gains for multiple days before giving them back, so I’m watching for a spike on the long side followed by a correction of at least $1-1.50 if it test $23-24.

NVTL - a great play on the $12 break, its come right back after consolidation.

Novatel Wireless Inc (NVTL) sitting just below $11 - this has closed the gap from mid April and is in squeeze mode after testing the $10 support today, watch for dips for the move towards $12+

MYEC - down 50% since writing about it HERE and have also since covered my short. Yes I think it will break below $2.00 but it can also bounce quickly on low volume and my hunch is it’all probably attempt to below falling below $2.

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Other scans today:

(QMNM) (GSPG) Defying Gravity (FXEN) (NOA) (GAIA) (GSI) Great Plays

Sunday Night Stock Scan for June 23rd

GTXO promotion or not, meeting resistance again if it can break it it should squeeze towards $3 quickly, if it can’t we’ll proably see it sit back rather quickly.

QMNM in the last 15 minutes has stepped it up a notch since the .03 break (right around the area of my last post) and has already traded $800,000 more dollars. I hope this is a good sign of plays to come in the OTCBB market, especially so close to summer where everyone always fears will slow things down.

Did anyone see MYEC from this scan HERE, exposed?

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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.