HLNT, ICNB, NOK, TLON, ASKE & Extended Watchlist

Highline Technical Innovations. Inc HLNT

HLNT has appeared on our watchlist in the past, and is sporting one heck of a chart. HLNT pushed to a new high yesterday on twice the average 3mo. volume; this stock has entered blue-sky breakout territory.

As you can plainly see on the chart, HLNT has absolutely been on fire. The last time this appeared on our watchlist was July 2nd, at which time the stock was as low as .0046.

Recent News:

USA based Delta Electronics named premier manufacturer for Hy-Impact™ fuel saving and emissions reducing intelligent hydrogen systems

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ICNB had its third consecutive day of gains since we’ve been following it last Thursday.

Having been as low as .022 since that time, the stock has been making higher highs and higher lows. Yesterday the high reached .089, for a posible gain of 305%

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Nokia Corp. NOK

Nokia is another one that we began mentioning Thursday’s Extended Watchlist, after the stock had recently seen its 52-wk low. NOK has been gapping up 2-5% each day we’ve had it on our radar, and today seems no exception.

Key resistance should come at the 50DMA of 2.33, and if a break above that point occurs, we could see substantially more gains than the recovery process here has already provided.

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Talon Therapeutics, Inc. TLON

We’ve covered TLON since July 11th. At the time we stated “TLON is likely to become a target for many investors as we approach August 12, the company’s FDA PDUFA for their Phase III drug candidate Marqibo.” The stock was trading at 1.28.

At yesterday’s high of 1.83, we were up 43%

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Alaska Pacific Energy Corp. ASKE

This play, new to our newsletter yesterday, managed a possible gain of 100%, after seeing a low of .0002, and subsequently closing at .0004.

That’s an unbelievably positive first-day showing.

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Extended Watchlist:

AH, BBDA, AAPT, IMDS, AAPL $605 & $610 Calls (In the event APPL can return to $615 or higher, those calls will be well in the money.)

BBDA, AAPT & Today’s Extended Watchlist

Bebida Beverage Co. BBDA

BBDA has been holding support at the 20DMA (.0025).We are now looking for a break of .003. The next major resistance comes at the previous high of .0039. We like that it has been trading in a tight channel between .0025 and .003.

This stock has been on our radar for some time now, and will remain there for the foreseeable future.

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All American Pet Company, Inc. AAPT

AAPT has been hovering around the .018-.023 range for the past couple of weeks.

The chart on AAPT indicates a crossing PPO. Should the stock manage to break the 20DMA (.0221) & 100DMA ( .0266), there’s a chance that the stock might make a run at the 50DMA of .0341.

We like this stock, as well as the company and products behind it, and will continue to monitor it going forward.

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Extended Watchlist:
ICNB,  NOK, HIMR, RENU, EGCT, ASKE

ICNB, AMRN, AKS & Today’s Extended Watchlist

We try to bring you a nice selection of quality picks on a daily basis, and believe us, we are well aware of our competition. There simply isn’t another stock newsletter out there that has our level of continual success, coupled with concern for our readers’ success. Anywhere.

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Iconic Brands, Inc. ICNB

Take ICNB for instance. We put this forth yesterday as a momentum play, and after touching a low of .022, the stock surged ahead, closing at .055. Total possible single-session gains: 150%

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Amarin Corp. Plc AMRN

Despite receiving FDA approval for their new drug, AMRN appears to be gapping down this morning. After all of the hype and baked-in PPS leading into the approval date, it appears the stock now wants consolidate. Excessive profit-taking in these instances can hold back the progress of a stock, so we will be observing for any possible bounces.

BEDMINSTER, N.J. and DUBLIN, Ireland, July 26, 2012 (GLOBE NEWSWIRE) — Amarin Corporation plc (Nasdaq:AMRN), a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health, announced today that the U.S. Food and Drug Administration (FDA) has approved Vascepa(TM) (icosapent ethyl) capsules (formerly known as AMR101) as an adjunct to diet to reduce triglyceride (TG) levels in adult patients with severe (TG greater than or equal to 500mg/dL) hypertriglyceridemia (very high triglycerides).

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AK Steel Holding Corp. AKS  &  Arch Coal, Inc. ACI

On June 18th, we alerted ACI as a bottom-fishers dream, and the stock subsequently ran from a low of 5.41 to 7.63 for a gain of 41% The stock saw a new low yesterday (5.16), and again seems like a good one to watch for a possible upcoming bounce.

AKS is exhibiting some similar characteristics to ACI. The charts are alike in many ways, and like ACI, AKS is hovering around a bottom. Therefore, we want to keep an eye on it moving forward, in the event that it matches the kind of bounce we saw in ACI.

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Extended Watchlist:

IMDS, AAPT, RENU, BBDA, STEM, NOK

RENU, TLON, ICNB & Today’s Extended Watchlist

Renuen Corp RENU

Our interest in RENU has been renewed. Yesterday, the stock was able to break resistance at the 50 & 100DMA’s as we had expressed hope for in our morning report, touching .004 at one point. Being as low as .0015 last week, gains on the order of 167% were possible.

As you can see on the chart below, the RSI has surpassed the 50-line and the 50DMA. The blue bars on the histogram flipped up to the bullish side, we can see a PPO crossover, and the Slow STO has passed through the 50MA overlay. All of this on increasing volume, leads us to a bullish opinion of RENU.

NEW YORK, NY and ST. CLOUD, FL–(Marketwire -07/26/12)- RenuEn Corporation (RENU), a rapidly expanding renewable energy roll-up company focused on solar, wind and geothermal energy solutions, today announced that the Company has signed a Letter of Intent to acquire Team Energy, Inc., a developer of renewable energy projects based in St. Cloud, Florida. >>FULL STORY

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Talon Therapeutics, Inc. TLON

TLON enjoyed another nice day of gains on Wednesday, hitting a new 52-week high. We began mentioning it a couple of weeks back (July 11th), at which time the stock was trading as low as 1.28. Yesterday’s high of 1.72, marks a gain of 34%

Just a reminder, TLON has an upcoming FDA date on August 12th.

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Iconic Brands, Inc. ICNB

We have our eye on ICNB as a momentum play. The stock was up considerably yesterday and Tuesday, with 700% in gains rolling in during that short time. We just want to keep it on the radar in case it keeps moving. The company released a corporate update yesterday, included here:

NEW YORK, Jul 25, 2012 (BUSINESS WIRE) — Iconic Brands, Inc. (Iconic) (OTCBB: ICNB) announces corporate updates as related to ongoing operations and forward looking plans. As previously announced in September of last year our wholly owned subsidiary, Iconic Imports Inc. was forced to file chapter 7 bankruptcy when a senior creditor foreclosed on the subsidiary assets. The bankruptcy hearing has been held without claim and is pending discharge. There is no effect on the capital structure; the company maintains approximately 52 million shares outstanding with approximately 20 million in the public float.

In the interim we have aggressively started the process to update our financials and engage in new business opportunities to create value for our shareholders. We anticipate having all of the financials updated by no later than the third quarter ending September 30th, 2012. We have put up a simple website to provide information while going through this process. www.icnb.info

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Today is the FDA PDUFA date for Horizon Pharma, Inc HZNP

The FDA will rule on HZNP’s RAYOS modified-release low dose prednisone. We have done considerably well with HZNP leading into today’s upcoming verdict, thus, it may be a good idea for us to take profits off of the table, in the event of no approval.

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Extended Watchlist:
IWDM, IMDS, BBDA, AAPT, NOK

IDOI, HAIR & Today’s Extended Watchlist

IDO Security, Inc. IDOI

IDOI has been on fire of late, doubling in value over the past three trading sessions, with four consecutive green days in a row.

Normally at this point, we would consider taking profits off of the table, however, we feel that there is still potential for added gains here. In instances such as this, when our money has doubled yet strength remains, we are likely to sell half of our position, and play the rest with the house’s money.

BARCHART.com is still currently giving IDOI a 72% Overall Buy Rating

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Biostem U.S. Corp HAIR

After a recent 597% run from the .06 area to .46, HAIR has consolidated, and been making higher lows off of support in the low .20′s.

Just in the past week, the stock got above the 20 & 50 day moving averages, leading us to believe that another run is in the making.

There are also several indicators on the chart which suggest that HAIR has some real potential for growth (no pun intended!).

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FDA PLAYS — AMRN, HZNP, TLON

HZNP has appeared in our watchlist recently. Yesterday, the stock was up 7%, and appears as if it may gap up this morning. With the company’s FDA PDUFA date approaching on Friday, we certainly want to keep a close watch over HZNP in the next few sessions.

AMRN’s FDA date is this Thursday, one day prior to HZNP’s. We are watching closely here as well.

TLON’s date is coming up in a couple weeks (08/12/12), so there isn’t as much of a sense of urgency just yet, but we will still be following along as zero-hour approaches.

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Extended Watchlist:

EGCT, STEM, RENU, IWDM