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Stock Updates - Tuesday, October 28, 2008
The NASDAQ
Tuesday, October 28: The NASDAQ rebounded from almost oversold conditions and had a huge day up 143.57 to 1,649.47 or 9.50%+. There are several, several bargains out there in the market and investors began to load up today.
Stock Updates on Stock Picks
Tuesday, October 28: We will be looking for BIDZ to confirm its turn around by moving higher again tomorrow.
Tuesday, October 28: We have named ATVI as our Stock of the Week. We believe ATVI is the #1 gaming stock in the market right now with a huge amount of potential.
Tuesday, October 28: Investors may be shying away from IVN in case the Mongolian government talks fall through, but IVN is already severely oversold. IVN may stay at its bottom under a press release comes out announcing either approval or not by the Mongolian government to start developing a mine there. If IVN receives approval, we expect IVN’s shares to surge big.
Tuesday, October 28: We mentioned CBLI in our “Stem Cell Stocks for 2009” that we released on October 15th. CBLI was the #1 perecentage point gainer on the NASDAQ today, up 56%+.
Tuesday, October 28: MCZ traded to the higher end of its range today.
Tuesday, October 28: CBOU is trading significantly below its book value and at the lower end of its bottoming pattern.
Tuesday, October 28: MAXY is lower than it was after its big Bayer deal was announced.
Tuesday, October 28: FSYS is a bargain down at its current level especially with its possible place in the new energy market that influential people like T. Boone Pickens are pushing.
Altair Nanotechnologies (ALTI)
Tuesday, October 28: ALTI should have support around its current price level, but has shown to trade down below $1.40 at times.
Tuesday, October 28: UXG could be a major gainer once gold prices turn around and UXG starts producing gold.
Tuesday, October 28: GVHR has dropped significantly from its highs in mid-August. We’ll be watching for a confirmation tomorrow.
Natural Gas Services Group (NGS)
Tuesday, October 28: Natural gas and natural gas service stocks have been sold down a great deal. NGS was a natural gas stock that rebounded big today, up 16%+.
Tuesday, October 28: SWSI is a great bargain down at its current level. It is down below IPO levels.
Ascent Solar Technologies (ASTI)
Tuesday, October 28: ASTI is another amazing bargain and it looks like it has really solid support around its current level.
October 29, 2008 No Comments
