• $MNAI ·  
  • By clicking "Subscribe", you agree to our Disclaimer and Privacy Policy.

    The Stock Wizards announces its Top 10 Stocks for the week of 5/17/2010

    Written by:

    Bookmark and Share

    (1) KATX (OTC) Sector:  Mineral Exploration and Prospecting

    KATX — KAT Exploration Inc.

    KATX slides into the #1 position this week up from #2. The stock came out of a beautiful consolidation pattern to close above the psychological .10-cent area. KATX finished up very strong for the week to close at .128 cents. . TSW has one resistance level to get over going into next week and that will be the .135 area. Once the stock closes above this level it can get on a serious run.

    (2) ACLH (OTC) Sector: Gulf Oil Clean Up

    ACLH – Act Clean Technologies, Inc.

    ACLH has been a hot stock since the oil spill took place in the Gulf of Mexico. The stock has gone through a very nice consolidation phase, and looks like it’s getting ready to put on another move to the upside. Technical traders will have their eye on ACLH this coming week.

    (3) HMIT (OTC) Sector: Film & TV, Mining

    HMIT – Hidalgo Mining International

    Double Top? Or breakout? These are the questions traders and investors will be asking themselves as trading begins next week. HMIT has been a huge winner for TSW Weekly Top 10 subscribers.

    (4) MOPN (OTC) Sector: Manufacture and Supplier of Oil Recovery Products

    MOPN – MOP Environmental Solutions, Inc.

    Oil cleanup stocks have been red-hot. MOPN had a strong weekly close after the stock sold off early in the week. Traders and Investors will have their eye on the .20-resistance level for this week’s trading. A close above this level will spark another round of momentum buying.

    (5) QASP (OTC) Sector: Aerospace

    QASP – Quasar Aerospace Industries, Inc.

    QASP makes its first appearance in the Weekly Top 10. The stock is very oversold. Friday was the first day QASP is signaling a possible bottom reversal. TSW is looking for confirmation of the reversal by breaking above the 10 and 13 day moving averages this coming week. Looking for a rally back to the psychological resistance level of .01. If you do not know what psychological support and resistance is when it comes to trading penny stocks, we suggest you read an article that we wrote on this subject matter.

    http://bit.ly/bzrP1j

    (6) SFMI (OTCBB) Sector: Mining

    SFMI – Silver Falcon Mining, Inc

    TSW mentioned that .25 cents was a serious breakout level for SFMI in last week’s commentary. Not only did the stock break above the .25 level, but also exploded and hit a intraday high of .47 for the week. SFMI needs to take a breather and consolidate 5 to 7 days before it makes another leg up. A great buying opportunity would be at the 10 and 13 day moving averages this coming week.

    (7) WSCE (OTCBB) Sector: Energy

    WSCE – Wescorp Energy, Inc.

    WSCE is going in the right direction. TSW profiled the stock last week when it was trading at .24 cents. So far WSCE has been trending higher. At .273 cents. We are in the critical area of support and resistance; the stock is trading right above the 200 day moving average, which is a major support level. If WSCE holds above this level this coming week, the stock could be building a possible springboard for a major move higher. If you like energy stocks this is one to watch.

    (8) MMRF (OTCBB) Sector: Medical Records

    MMRF – MMR Information Systems, Inc.

    Questions to be answered this week. Double top? Or Breakout? TSW will be watching the .35 resistance level like a hawk this coming week. A breakout above this level could spark a weekly breakout, which has not been seen in MMRF since over a year ago at these levels. Momentum traders will be all over this on the breakout.

    (9) MRNJ (OTC) Sector: Mobile Device

    MRNJ – Metatron Inc

    MRNJ has been in a tight range for the last five trading sessions. You could see a nice pop in the stock on a breakout above .023 cents this coming week. Watching for any news and volume as confirmation of the breakout.

    (10) XTRN (OTC) Sector: Transportation

    XTRN – Las Vegas Railway Express

    TSW considers XTRN to be a sleeper play over the next 3 to 6 months. If you do not know what this company does, this has a great story behind it. TSW is actually surprised the story has not caught on so far. The stock closed up strong on the week, but really needs to close above a serious resistance level of .30 cents. A weekly close above this level and it should be game on. Just a great story going unnoticed with a nice chart shaping up.

    Discloser, Disclaimers: http://thestockwizards.net/about/disclaimer/

    Forward-Looking Statement: This press release includes “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. TheStockWizards.net is not a registered investment advisers or broker/dealer. TheStockWizards.net makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.

    PLEASE NOTE:  The Stock Wizards has not been compensated for any of the above stocks profiled in this Newsletter. Any compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. When compensated by a third party, please be fully aware that the third party may have shares and may liquidate it, which may negatively affect the market. When TheStockWizards.net receives free trading shares as compensation for a profiled company, TheStockWizards.net may sell part or all of any such shares during the period in which TheStockWizards.net is performing such services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies.  In addition, there may be members on this board that receive compensation for particular stock awareness without telling members, so please always use your own buy and sell signals based on your own decisions.  Any recent increase in volume or increase in stock price may be due to The StockWizards.com representatives buying. The Stock Wizards intend to sell shares received as compensation for providing Company Background Information, sending opt-in emails, posting charts, videos, site moderation, consulting etc. We do not give price targets in any of our written or recorded material. TheStockWizards.net will not advise as to when we decide to sell and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.  Please do your own research and make your own investment decisions. Always remember that TheStockWizards.net is not an analyst and we do not employ or contract any analysts. Investing in securities such as the ones mentioned on our website, in email, or consulted for are for high-risk tolerant individuals only and not the general public.

    Release of Liability: Through use of this website viewing or using you agree to hold TheStockWizards.net, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources, which we believe to be reliable, but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TheStockWizards.net affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. TheStockWizards.net encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TheStockWizards.net makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. In preparing this publication, TheStockWizards.net has relied upon information supplied by its customers, and press releases, which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies.

    TheStockWizards.net, 320 Plaza Real, STE P319, Boca Raton, FL 33432

    May 15, 2010 @ 3:32 pm Trackback URL Posted in Newsletter and tagged with , , , , , , , , , , , , , , , , , , , , , .