Pre Market Stocks to Watch - 10/22/10

By Tim - http://stockstobuy.org

Good Morning everyone, below is a list of stocks I am watching in pre market today.

Rare Element Resources Ltd. (REE) - Rare Element Resources Ltd. is probably one of my top picks today due to the stock being under $10. I think we could see a 5-10% bounce in the coming days but this stock remains a bit risky. I plan to buy REE when it breaks up through the high of the day.

China Shen Zhou Mining & Resources, Inc. (SHZ) - Still watching SHZ but the momentum is clearly dying. If the volume comes back and SHZ can break $4.60, It may have legs. After doing some research, this company mines Fluorite which is not a rare earth metal. A rare earth metal pure play is Molycorp (MCP).

RiT Technologies Ltd. (RITT) - RITT is flying pre market but all indications point to this being a pump and dump by someone. No News to cause the spike.

Servidyne, Inc. (SERV) - Servidyne Commencing $5.8 Million Retro-Commissioning Project for Georgia Department of Corrections

Alanco Technologies Inc. (ALAN) - Up huge in pre market, no news. This is a data storage company.

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