Month: March 2012

THQI, EFFI, UNDR, BPAX & Today’s Stock Watchlist

THQ, Inc. THQI

THQI was added to our watchlist as a possible bottom bounce-play. We have yet to see that bottom settle in. On Friday, the stock hit a new 52-wk low, but it appears as if it is still on the descent. The company has a PR out this morning:

AGOURA HILLS, Calif., Mar 05, 2012 (BUSINESS WIRE) — THQ Inc. (NASDAQ: THQI) today announced that THQ’s President and Chief Executive Officer Brian Farrell will make a presentation to investors at the Wedbush 2012 Technology, Media and Telecommunications: Management Access Conference on Wednesday, March 7, 2012, at 10:20 a.m. Eastern.

The presentation will be open to all interested investors through a live audio Web broadcast via the Internet on the Investor Relations Event Calendar page of THQ’s website located at http://investor.thq.com. An archived replay will also be available on the company’s website approximately 24 hours following the live broadcast.

EffTec International, Inc. EFFI

EFFI was added to our watchlist at midday on Feb. 28th as a momentum alert
At that time, the stock was trading around .13.  What we saw next was a high of .181 the next morning, for a tidy 39% gain overnight!

Since then, the stock has consolidated to find a new level of support at our original alert price of .13, and we already know what this stock can do, so our eyes are open for more such bounce opportunities.

For those interested, a good place to start your DD here, would be with this EFFI investor presentation.

UnderSea Recovery Corporation UNDR

UNDR enjoyed  a substantial momentum surge on Friday, trading sizable volume. It was observed bouncing off of a low of .0004, only to hit a high of .0009– That represents an intraday gain of over 100%.

As a result, Friday’s trading session saw abnormally high volume, and piqued our interest enough to warrant our paying of close attention this morning.

BioSante Pharmaceuticals, Inc. BPAX

We caught this stock at its 52-wk low. It was as low as .38 following our alert. 1.23 was the subsequent high, making for a 224% gainer.

BPAX had some significant news out this morning, outlining the favorable conclusion of  round of testing on its GVAX Prostate cancer vaccine.

LINCOLNSHIRE, Ill., Mar 05, 2012 (BUSINESS WIRE) — BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) today announced publication of results from a Phase I dose escalation clinical study that show its GVAX Prostate cancer vaccine in treating metastatic castration-resistant prostate cancer patients (mCRPC) in combination with ipilimumab (Ipi; Yervoy; BMS), resulted in 53 percent of patients achieving at least stable disease, with two patients showing clear regression of metastases. In addition, 23 percent of patients in the higher dose cohorts had confirmed partial PSA (prostate specific antigen) responses of greater than 50 percent from baseline.

Today’s Extended Watchlist:
 CRPZ, ERII

BIOF, PEIX, MWWC | Today’s Stock Watchlist

BioFuel Energy Corp. BIOF

On Tuesday, BIOF hit a low of .72, only to hit a high of .819 the following day for 14% overnight gain. Yesterday the stock saw some slight downward pressure, and brought about a low of .6635.

We also received the figures for the company’s 4th Quarter yesterday, which is to be followed by a conference call today, March 2nd, beginning at 11:00 a.m. (EST) to discuss the results. To participate, call (800) 944-8766. The participant code for the call is 84358. Approximately 90 minutes following the call, a phone playback will be available for 30 days by dialing (866) 281-6782. The access code for the replay is 167702.

After hours trades were going off in the .90’s after a .72 close, as it seems word of increased earning spread quickly. Based on this activity, it looks as if we could see a morning gap-up today. We will remain wary of course, as usually a gap-up in price is followed by a pullback before the run continues.

Pacific Ethanol, Inc. PEIX

Though they are not directly related, we’ve talked previously about how PEIX seems to share trends and run in tandem with BIOF, granted each stock’s proximity to the alternative fuel sector.

Marketing Worldwide Corp. MWWC

New to our radar this morning, we have good reason to pay a bit of attention to this company. Their business plan which caters to the automotive industry, is in an excellent space, with what we feel is a lot of opportunity for growth.

The management team is highly-seasoned, bringing together folks each with an extensive knowledge of their fields. Altogether they boast over 100 years of automotive experience.

In addition to an exciting backstory, MWWC also has one heck of a chart setup. Coming off of a relative low, one look at the chart reveals extreme promise to all of us bottom-seekers out here.

As you can see, the Parabolic SAR has just flipped over, as well as an imminent MACD cross, and a strengthening RSI is present. It is easy to see why we are compelled by this play.

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Extended Watchlist:
EFFI, ERII (possible bottom-bouncer)

EFFI, ERBB, FROI | Today’s Stock Watchlist

EffTec International, Inc. EFFI

After a monstrous run over the past couple of months, we would not now be surprised to see a pullback, as is to be expected in these instances.

From our momentum alert on Tuesday afternoon, the stock ran 38% to .18, and then dipped back to find support at our alert price.

As the week comes to a close, we are keeping a close watch for the support to hold, and are on the lookout for a possible bounce-play.

Tranzbyte Corp ERBB

ERBB appeared on our extended watchlist yesterday, as a result of all the buzz (no pun intended) currently surrounding medical marijuana related stocks.

Following its appearance in our morning report, the stock saw gains of nearly 100%, and closed out the day sustaining over 40% of those gains.

HEMP, CBIS and MJNA are some other stocks which are also taking advantage of the recent influx of volatility and volume in the sector.

Moving forward, we are keeping an eye out for all medical marijuana plays, as we see increased activity over this period across the board.

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Extended Watchlist:

Fero Industries, Inc.  FROI

As it recedes back to the price of our original alert (.0075), we are going to be watching FROI for a bounce in the weeks ahead.