Penny Stock Guru:
From the Pennystock guru
Thursday's, 9/16, Stocks To Watch - EPGL,
EPGL could get interesting the last two trading days of the week. I've
seen it happen many times with these $.0002 stocks. People wait until
the market makers start leaving the ask at $.0002 before taking a
position. They are intent to wait at the bid hoping to get in for a
50% discount. In the end they end up getting in at $.0003 or even $.
0004 which will only help with the buying pressure when EPGL gets
moving. Today almost all the trades were on the ask and this bodes
well for tomorrow. Once a few market makers start moving up to $.0003
and $.0004, the shares at $.0002 will disappear in a hurry. The
impetus could be a the release of positive developments by the
company, or merely investors that have yet to hear about this stock.
Either way the buying will come and this stock has a great chance to
hit $.0008 - $.0012 short term.