GZFX.OB - This stock has bounced nicely from support at .01 as can be seen in the chart below. We’re not surprised to see the dip here, but we are not expecting a fall below .01. If this were to happen it would definitely be a bad sign.
ARSC.OB - The trend for this stock is srtarting to look somewhat disturbing. It seems that there is a downward trend developing here as can be seen in the chart below. We may sell this stock tomorrow.
SMKT.OB - SMKT got a nice pop today after what look like a downward slide. There are some fundamental reasons why we are holding on to this stock. Namely, the upcoming merger with Texas Prototypes. As we can see in the chart below, it has once again crossed over it’s 200 day moving average . We will continue to hold this stock.
GZFX.OB - Technical analysis indicates that this stock may be finding support at the 50 day moving average level. This is just below the .01 cent level so we will adjust our stop loss to around .008.
ARSC.OB – ARSC presents the opposite situation. Technical analysis indicates that this stock will be bumping up against its 50 day moving average. We’ll keep a close watch on it and hopefully this stock can break out past its 50 day average.
SMKT.OB – We will continue to watch the 200 day moving average as support for this stock.
GZFX.OB - We will place a stop loss at .01 on this stock and continue to watch it. A recent news release indicated some additional Circuit City stores are being added to the pilot program in which CC stores are providing customers with the ability to sign up for GZFX programs at the store. From a technical analysis perspective there seems to have been a substantial break down here. This is not all that great, but we do expect some type of bounce coming our way soon.
ARSC.OB - This stock is still rolling along on a narrow range. We will hopefully see a breakout soon.
SMKT.OB – Today, technical analysis indicates that therer was a break down below one support level and this stock is now very close to its 200 day moving average. Hopefully this will act as a new support. We will continue to hold here.
GZFX.OB - Our technical analysis indicates that the stock took a pretty hard hit today on high volume. We’re looking to see a slight recovery here. Tomorrow might be the day that determines whether or not we reenter this position.
ARSC.OB - This stock opened at support levels and made it’s way up during the day. We will continue to hold this one.
SMKT.OB - Still a hold pending the Texas Instruments merger.
