Less than one hour into the Tuesday trading session and three particular penny stocks are making positive moves which can not be overlooked by traders. Of three hot penny stocks, only Computer Software Innovations, Inc. (CSWI) has a definitive ceiling to it after announcing 7 minutes after today’s open a merger agreement with a set price of $1.10 per share. The other two, TagLikeMe Corp. (TAGG) and Bonanza Goldfield Corp. (BONZ) are having break out and rebound sessions respectively.
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Breakout Penny Stocks – TAGG, BONZ, CSWI
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TagLikeMe Corp. had no news this morning. TAGG stock was up as high as 0.28 earlier today, a 211% gain from our alert on September 24.
Bonanza Goldfields Corp. announced plans to initiate mining operations Q4 as a result of securing a $1.66M Financing Agreement with Tonaquint Inc., a Utah corp. The financing will be available to Bonanza upon the effectiveness of an SEC S-1 Registration Statement, with a first tranche effective immediately and allocated towards equipment purchases. Subsequent tranches will be used to execute a three tiered strategic plan commencing with the mining and processing of Bonanza’s gold deposits on its Tarantula Project.
Bottom Line: These penny stocks should be on your list already. Look for pull backs in TAGG and SANP during the session.
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