ELRA, EVPH – Penny Stocks on Watch

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Stocks on Watch Traders Recap: THLD, GNOM, ASTX, CHTP Good Morning Traders! Elray Resources, Inc a/k/a Elray Gaming (OTCBB: ELRA) was formed in 2004 when a group of Successful Online Casino marketing specialists identified an opportunity: the market need for professional and qualified consultants to effectively manage, market and operate Online Casinos.

ELRA is on our watchlist… online gaming is a hot subject right now, remember this article in late December [1]http://www.nytimes.com/2011/12/25/us/online-gaming-loses-obstacle-at-justice -department.htmlpagewanted=all where the Justice Department has reversed its long-held opposition to many forms of Internet gambling, removing a big legal obstacle for states that want to sanction online gambling to help fix their budget deficits.


Ever since this announcement ELRA has established a nice chart and is started to trend up… a break and hold of .012 is key, and look for volume / breakout if it does break past that point.

Everybody`s Phone Company (OTCBB: EVPH) offers local telephone service on a prepaid basis. Specifically, local services include a “bare bones” product providing unlimited local dial tone and 911 emergency access with the option of several customer calling features, for an additional fee, including Call Waiting, Caller ID, Call Forwarding and Speed Dialing. These features may be purchased individually or in a package at reduced rates.

EVPH is another stock on our watchlist over the next few weeks. EVPH has been moving up as the company has announced a reorganization and a new CEO has been placed in the company. That PR can be found [2]HERE . This is usually a good sign of things to come… We`re looking for more updates from this company in the short term with this update as the chart has us thinking acquisitions /

revenue news (good news) of any sort could send this much higher.

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References 1. http://www.nytimes.com/2011/12/25/us/online-gaming-loses-obstacle-at-justice-department.htmlpagewanted=all 2. http://ih.advfn.com/p.phppid=nmona&article953644 3. http://t.co/LWYDojdQ 4. http://www.bullquake.com/about/disclaimer/

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