Month: November 2011

Veritec, Inc. | VRTC | Hot Stock Today

Good Morning, Traders!

We couldn’t be more excited to release today’s new pick. We have patiently awaited the timing to be just right in order to maximize the potential opportunity for all.

We now unveil our new pick to you. We expect Veritec to remain on our watchlists for weeks and months to come, as we are officially introducing it as a long term interest:

Veritec, Inc. VRTC

We have taken the time to prepare a brief report on the company in order to give everyone a head start on their own research. You may follow the link, or download this handy pdf version.  You can also view this video about VRTC.  

 

After much of our own due diligence, we have discovered VRTC to be both technically and fundamentally sound. There is a chart included with the report dated the 16th, but we’ve also included one here from today:

Stay tuned for regular updates on the status of this new pick. As we stated, we will be following its activity closely.

BIOF, ICNM – Today’s Stocks

 

BioFuel Energy Corp. BIOF

BIOF hit a high of 1.10 on Thursday, a 10% gain. Although we are still sitting on the sidelines with this one, so far during our coverage of the stock, there have been several opportunities for flippers to have a field-day with BIOF.

Yesterday alone saw a 22% run from .90 to 1.10, dipped back to .85, and closed at .97, for an added chance at another 14%

In our opinion, the party isn’t quite over for these ethanol related stocks due to the current conditions affecting ethanol futures.

Icon Media Holdings, Inc. ICNM

ICNM opened at .07 on Thursday, and subsequently hit a high if .095, a sweet 35% gain. We are glad when our new picks fare well on the first day of coverage, as it can sometimes take a few days.

Volume was great yesterday, and it appears as if there is solid support at .07, which we would like to see the stock hold going into the weekend. We do have key resistance at .10, which will be the major hurdle to get over moving forward.

PEIX, BIOF, ICNM – Today’s Stocks

 

BioFuel Energy Corp. BIOF & Pacific Ethanol, Inc. PEIX

BIOF was a nice overnight gainer for us, racking up a 55% increase.
Our first alert came the day before yesterday at 3pm; the stock was trading at .80 at the time. Yesterday the stock gapped up and ran strong out of the gate, hitting a high of 1.24.

We hopped on BIOF because we saw the surge from PEIX and though these two companies aren’t affiliated, they have a connection of being in the same space.

We want to keep these two on our radar moving forward. For now we are sitting on the sidelines waiting for a pullback.

  Our confidence in these Ethanol related stocks stems from our confidence in the corn-based biofuel itself. With federal mandates requiring higher ethanol blending rates in gasoline, and associated tax credits set to expire by the end of the calendar year, ethanol futures are hot right now, and should remain so for the foreseeable future.  We should also see demand increasing steadily leading into the 2015 deadline for total compliance with the new mandates.

For these reasons we will certainly be keeping PEIX and BIOF on our radars going forward.

 

Icon Media Holdings, Inc. ICNM

ICNM is a fairly thinly traded stock with current support levels at .03, and resistance at .10 and .11. The next resistance points following those appear to be .145 and .16. As of recently, there has been some light accumulation, and because  of the light volume and tight share structure (21M in float, 101M O/S) any little bit of buying can bring rapid PPS swings.

RALEIGH, NC, Nov 17, 2011 (MARKETWIRE via COMTEX) — Icon Media Holdings, Inc. (PINKSHEETS: ICNM) announced today that the Company has launched a storefront on Amazon Canada. This particular venue has been successfully in operation for the last four months under the brand name “Punt Dog Posters.” Product add-ons such as framing and laminating are also being offered, allowing for higher average order values.

The storefront can be found at http://tinyurl.com/7hbwx3q.

 

 ICNM owns and/or operates e-commerce websites that offer both new and classic movie posters and custom framing at retail. The company runs numerous websites, as well as selling their products on third party storefronts such as Amazon, Amazon UK and eBay, among others.