BNX

NEW PICK (QuickPlay!)

Banks.com Inc
BNX
BNX Chart
Buy Point: (Closed Thursday at $0.23)
Sell Point: $0.36 - $0.39

BNX is ready for a breakout. I've been watching it for the last 2 weeks as its been rebounding on its low for the year, showing steadily increasing volume each day. The formula finally flagged it at the close of the market Thursday, after it saw a nice 10% gain. We're ready to rock!

The formula identified BNX's 'true' value at $0.37, and I'm expecting to see a surge in volume this morning. Investor interest should spike heavily today after Thursday's gain, and due to the fact that BNX is undervalued by nearly 60%.

I am expecting we will see about a 35% - 45% bump today that will get BNX closer to it's true value. BNX will move quickly, and I recommending that we do not hold it for longer than a day or two. We want to play BNX for the 35% - 45% that is expected today, rather than hold it for much longer. BNX will be a quick 'in-and-out', and should be a nice win for us.

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