End-Of-Day-Recap 6/26/2007
ADDL was a new stock listed today. The stock receives revenues from the destruction left behind by severe weather, and last year it went to $1.95 on expectations alone. Please see the blog entry posted earlier today for more information.
ANRC was the biggest gainer today after significant volume came in at the end of the day and pushed the stock up 10%. Judging by the way it moved, I wouldn't be surprised to see it move up nicely again tomorrow.
DPDW pulled back some today. After its last breakout, the stock established support near $0.65, and it may return there if no further news is released. I am still confident in this stock and believe it would be wise to hold until after the hurricane season.
IMJX hasn't made any big moves yet and I'm considering to take it off the watch list. When I listed it, the ask was $0.0001 and now it is $0.0002 but many have not been able to sell at the new ask for 100% gains because of the lack of interest.
Now for our Small-Cap Stocks:
Last night I mentioned that I may list LABL as a new Small-Cap Stock. This morning I listed it as a new play, and it is up 1.59% from last night's close. I'm excited to see how far this stock will go.
REED closed slightly in the red, but is holding strong from its recent run. I really like the way it is establishing support along the 50 day moving average.