I could always grab what is hot on the boards and regurgitate it to you, but I feel that my mission is to give you more than that. So, I spend a great deal of time in the web and on my screening software looking for stocks that I think will either rise or fall. I don’t know with certainty when a move will happen, but it appears to me that one is imminent.
DYMTF
This stock has a great chart and based upon that I am recommending that you keep it on your radar. The company is in tough financial shape, but is in an industry that is hot (Biofuels) and and receiving government stimulus money. Dynamotive Energy Systems Corporation (DYMTF) is an emerging leader in converting both biomass residues and energy crops into fuels that are technologically viable and environmentally sound. Their technology and process uses biomass that is not feedstock (one of the complaints about biofuels).
The stock is oversold, it is 25% off of its recent high and volume is remaining steady. This company may travel along the oversold level for a few days or a week (as it did before), but the pressure is on the stock to rise. Watch the MACD to see what direction it takes and also whether it is above the signal line.
DANR
Natural resource plays are familiar fodder in the penny stock world. Some are good and some are not. The challenge isn’t finding out which are which, but rather finding the one that is going to move the most soonest. I believe that DANR might be in line for a upward correction and should be watched. Dana Resources is looking for GOLD in Peru and has 19 properties sprinkled throughout Peru. The company is still several years away from any significant revenues, but they believe the properties possess significant potential.
Here is the chart:
DANR is definitely oversold and, in my opinion, is due for a correction. The company has experienced a significant volume spike lately as investors unloaded the stock. The stock is up 10% today and it has much farther to run until it gets back what it has lost in recent days. There is no resistance between its current price and 37.5 cents. A volatile stock, but one that might deliver some good gains. This is a volatile stock and needs to have a tight stop on it.
Good luck and good trading.
___________________________________________________________________________________________________________
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

