Monday should be quite interesting fo r 3 penny stocks, CNCE, THTH & NXCD
Only thing that is of concern to me is that it seems every penny board I read has these same players (at least NXCD & CNCE) & calling for the same targets,, and that usually means everyone will end up wrong.
In a related story from dectective work & extrapolation on my part a dividend was declared by Conseco Strategic Income Fund (CFD), a closed-end investment management company and a wholly owned subsidiary of Conseco, Inc. (CNCE).
To me it's all the same for CNCE & will reflect in it's stock price. here is the link.
This is besides the debt for equity swap being thrown about.
NXCD filed an SEC form showing a 1/2 million profit for 6 months,,,,compared to huge loses the same time last year,, this profit was unexpected..that news had not gotten out yet when the Friday runup occurred. Folks coming home to the site of a 700% runup & PROFIT in this stock SHOULD make for a popping Monday..... has a lot more legs
THTH has moved from .12-.13 area doen to .09-.10 area & now back to .13 arera,, alot of buying there. This is a different type of play in that it has been a very consistant channel player for months. Only in the last 2 weeks did it sleep. For days & days I was taking 10% daily on this one. Time to do it again.
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