Penny Stock Soldiers (OTC tradeable tickers)/Momentum Plays

[ThePennyDoctor]

Penny stock blog below - second day in a row I am holding all the tickers they mention. Very unusual, but a lot of tickers look pretty good right now on the OTC.

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Penny Stock Experts Blog - blog.todayspickis.com
Stocks To Watch Wednesday 10/23/13 - FNMA PGLO NTEK
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We prefer to follow up with everyone on days like this, after every stock on our watch list for Tuesday closed higher, combing for gains of more than 40% between the three of them. As a result, there are a few familiar faces going into tomorrow. PHOT could still move higher as well, but it will need to break past .09c. Over the past two weeks we have gone out of our way to bring light to PHOT's potential and our favoritism towards the stock over others in the sector, which has equated to potential gains of more than 30% with plenty of liquidity to trade sizable positions and make serious money.


FNMA - Potential Continued Breakout - (Fannie Mae) - closed up 9.94%, at $1.77 a share, on over 38.2 million shares traded today. Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold. FNMA made a nice move after breaking past $1.65 today, a level of key resistance we made light of last night on our blog. By closing over that level, and just off it's high of day at $1.78, FNMA is in a position to move even higher tomorrow if momentum continues to remain strong. The stock is no stranger to big moves either, moving from under $1.00 to over $5.00 in less than a month earlier this year. If the stock can break past $1.80 and hold above that level, we feel strongly about it testing $2.00 and above later this week or early next week (bearing no fundamental changes deemed bad news). Keep it on close watch.


PGLO - Volume/Promotion - (Pan Global Corp.) - closed up 14.01%, at .415c a share, on over 3.6 million shares traded today. Pan Global, Corp., through its wholly owned subsidiary, Pan Asia Infratech, Corp., is focused on environmentally sustainable energy, infrastructure and technologies. Our aim is to invest in green energy technology and infrastructure to build an inclusive green economy around the world. For additional information, visit: www.panglobalcorp.com.
PGLO continued higher today while maintaining strong trading volume and closed just off today's high of .42c. Last night we made light of a $1.1M promotion that began on the stock over the weekend, which continued to propel it higher today. You can watch the full promotional video for PGLO, HERE. After dipping to .31c briefly this morning, shares were soaked up on the dip as investors raced to get a piece of PGLO, a great testament of the stock's strength at this point. If there is any weakness early tomorrow morning, it may be safe to place a buy to trade out if/when the stock goes green past .41c again, similar to today. This is of course all hypothetical, and for all we know the bottom could fall out this time. It's the OTC Market, nothing is a for sure, especially when there is a major conflict of interest in a large promotional campaign. Keep it on close watch again tomorrow.


NTEK - Potential Continued Breakout - (NanoTech Entertainment, Inc.) - closed up 8.87%, at .154c a share, on 11.8 million shares traded today. NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. Shares of NTEK broke past their recently created 52 week high of .1485c today, which pushed the stock into blue skies where it created a new high of .157c, closing not far off it's newly created high. NTEK has moved steadily higher since the middle of August from the .06c, after making a big move from .01c to .14c between June and July. The Company operates in a sector that clearly appeals to a lot of investors, which is easily verified from the volume the stock trades on a consistent basis. After closing at it's highest point this year, look for the stock to rally even more tomorrow if it breaks past it's new high of .157c. Keep it on close watch.