April 29th 2009


Today in the Stock Market
Dear Fellow Trader,

Tuesday was another seesaw day in the market. This market is tired after a 35 days run, so we are waiting to see what it wants to do..

The Market

Not much to say other than we had again a very low volatility day with an inside day again.

QQQQ%20%20April%2029%2075 April 29th 2009

MicroCap Hot Stocks

I received a very interesting email yesterday on PGYC (and please send me email if you have questions at info@HyperGrowthStock.com and give me a day or 2 to answer them)

In any case this email was about the fact that people think PGYC is a fraud, because they read that on Chatroom. And people get shaken out of good trades because of hearsay. And if you speak with the best traders, most of the time the best trades are the scariest to take, like this GNBT around $0.26 – $0.28.

And i know that for many people they follow these boards, but in my view it’s never as good as a chart, because the chart basically incorporate all the information available, all the opinions and also all the information not available to the public yet ! And that’s key because with MicroCaps you want to play where and when the bigger investors trades.

Here is what i wrote yesterday about PGYC (i only updated the charts):

I will repeat this, because i am sure people might not see this but there is definitely someone buying this around 0,035 because i try to and i only get small lots. This is very bullish for me, i expect this PGYC to explode when it resume, just think about GNBT’s action and CTIC, similar pattern of accumulation and these are the one i really like…

PGYC%20April%2029%2076 April 29th 2009

PGYC Weekly chart show something also very interesting, the ride down from around 0,228 to the lows was done on very low volume and like any chartist would see, this stock can go back up to the 0,20 level quite easily and if it pushes through it, watch out…

PGYC%20April%2029%20W%2077 April 29th 2009

This other stock i like is doing nothing wrong, just holding where it should and being accumulated slowly, also they had another pieces of news and the stock will certainly start moving soon.

LVLV%20April%2029%20%2078 April 29th 2009

ABTG is maybe resuming the upmove, let’s watch it

ABTG%20April%2029%20%2079 April 29th 2009

PSPM has been holding well and consolidating for a few days, this base could also be a safer entry to join this stock, i would go for a small position around these levels and be ready to add if it take off over 0,72..

PSPM%20April%2029%20%2080 April 29th 2009

Featured HOT Stock


CYOU hit the buy point of $30 tuesday but promptly went nowhere. This is often a sell signal, because at key buy points massive buying should follow to propel the stock higher rapidly…

CYOU%20April%2029%20%2081 April 29th 2009

TTI has a nice cup and handle pattern, it could go higher soon when it clear this area. Buy point is over $6,00 on heavy volume.

TTI%20April%2029%20%2083 April 29th 2009

Earnings were out for SLG tuesday and they were positive above last years numbers. This stock now has a P/E of 3 and a yield of 7%. And these numbers could help support this stock. A move over $20 on strong volume would be a buy point.

SLG%20April%2029%20%2084 April 29th 2009

BAC is looking down now and unless it breaks the upper trendline, it will go back to 6,75 area…

BAC%20April%2029%20%2082 April 29th 2009

Have a great Trading Day !

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