Stock Picks For Tomorrow 4-7
-HYSR, HYII, IPRU.
HYSR is currently one of our LONG TERM PENNY STOCKS. However during the last few weeks HYSR was way too expensive IMO. Today’s drop put HYSR at an affordable price. HYSR still is a great stock due to its fundamentals but we will be day trading HYSR as we can foresee a bounce to .5 possibly .6.
HYII- .0001. I ABSOLUTELY LOVE STOCKS THAT are .0001. There is literally 0 risk with the sky being the limit. For those that do not know, it is IMPOSSIBLE for its price to go below .0001 its just not possible. Combine that with 800million in volume. HYII could easily break the .0002 plane tomorrow. If it does not work out ? The most you will lose is a miniscule commission fee.
IPRU- Technical Pick- Easy pattern that has repeated it self over the last few weeks. In fact , I day traded IPRU last Wednesday. If the ask falls to 5 or 6 this is a must buy as it WILL bounce back up to .0007
As for Monday’s Picks. PRPM had 25% swings all day long. From .0007 to .0009 PRPM was driving me off the walls. I am holding PRPM amid news of their buy back plan. Semi-News out of PRPM as I quote the CEO ” Good evening all. I will be posting an official statement tomorrow as to the Global Lock. We have had a positive response. At this point and time I am 100% focused on resolving the issue as nothing else matters if everyone does not have access to their investments. A public company can not survive without the ability to be traded. From here forward this has my complete attention. I assure you we will resolve this as rapidly as possible” – Luther Jeffries . AEGY stormed out of the gate opening up 18% ^ amid news of its partnership with SKTO. LATF opened up 4% before 11% ( 15% swing)
MANNKIND WATCH : Breaking news out of MNKD due to the FDA extending its Afrezza PDUFA date to July 15. Afrezza’s original PDUFA date was scheduled for April 15. For the short term it means that the hype is going to die down along with a mediocre volume which will drive down the price as it did today. It dropped 8% after it was announced that the PDUFA date was being postponed until July 15 (18% drop during premarket hours). This has no implications on the possibility of the drug getting approved it is still highly likely that the FDA will approve Afrezza in the coming months. So until we start nearing the PDUFA date don’t expect anything huge out of MNKD. Long term wise this is a good stock short term not so much as the risks heavily outweigh reward. In short MNKD will move out of the picture in the stocks we cover mainly because we were interested in MNKD for it’s AdCom and PDUFA.
Long Term Stocks
MYEC- BIG BIG NEWS! MyECheck, Inc. (MYEC) going global with an iCard1 agreement To read out analysis on this click here!
As For Our Long Term Picks
( STOCK TO STAY AWAY FROM ) KING IPO- OVERPRICED !!! KING’s IPO was a joke ( IPO pricing of 22$) in my opinion it had one legitimate game ( one hit wonder ) . ZNGA has had more success yet they are only priced at 4-5 $. THEY need more success/revenue to back up their value we have yet to seen a glimpse of their financials ( signals instability ) . Great Candidate for PUT OPTIONS as the company has done nothing to warrant their current value.
LONG TERM WATCH LIST! ( Changes once every 1-2 weeks )
LONG TERM STOCKS- CMG, TRMR, FNMA, FMCC, MA, GOLD, BRK-B, NKE, NOW, ICLD, GNTX, XOM.TSLA.CTIC, VZ, PLUG FNMA TSLA
– ARTX As I mentioned before I sold ARTX during the selloff post earnings. This stock still has a bright future therefore I will wait for the selloff to finish and then I will assess and most likely re-enter with a position on ARTX.
LONG TERM PENNY PICKS- MYEC, HYSR, Marijuana Stocks ( * UTRM *, FITX, MJNA, PHOT, TRTC, HEMP, CBIS, MDBX) For our detailed analysis on the future of Marijuana Stocks click here !
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