Ecologic Transportation, Inc. EGCT
EGCT first appeared in our newsletters on July 16th. At the time the stock was trading at a low of .30. The following week, it hit a high of .48, for a nice gain of 60%
After that initial run, we observed as the stock has pulled back to find support off of its 200DMA, last week at .22. Since that time, we’ve seen higher lows and higher highs, always a good sign that a bounce-back is in the making. We feel that there is a real possibility that we could see this stock return to pervious highs, if it can break through the 20DMA of .32, a key resistance point.
For those of you that may have missed the CEO interview with Edward Withrow III that was recently conducted, you can find an archived version here. The interview highlights many of the company’s latest developments.
We’ve taken the liberty of preparing a video presentation outlining some of the finer points of the EGCT chart:
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Renuen Corp. RENU
We’ve kept RENU on our watchlist for quite some time now, following the stock through multiple runs. We’ve seen it surge over 355% from .0016-.0173.
Toward the end of last month, we witnessed a new low of .0015, whereupon the stock subsequently rewarded our vigilance by once again testing the .005 range. Patience makes profits, as we like to say. Add the latest increases to the first run, and we’re well over 500% in gains on RENU.
This could be the next sub-penny play to really take off, provided we see the execution of the recent LOI indicating the company’s plans to acquire Team Energy, Inc.
We’ve prepared a video chart for this play as well:
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ioWorldMedia, Inc. IWDM
IWDM appeared in our watchlist quite a bit at the end of July, when we noticed the stock coming off of its 52-week low, giving our members ample opportunity to accumulate the bottom. The price was as low as .015 following our mentions.
On Friday the stock pushed through resistance, allowing us to see a new high of .03 at the close, a possible gain of 100% from our initial alerts. This could just be getting started, thus we want to keep IWDM on short, medium, and long-term watch.
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ADDED NOTE:
We were on a roll last week, appearing on Penny Stock Rumble for our calls of GYST, AAPT, and APDN. So don’t miss a beat this week. Today, in addition to our picks, we are keeping an eye on $655-660 Apple puts and calls (depending upon whether it seems that AAPL will pull back or continue to break out), following last week’s new 52-week high.
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Extended Watchlist:
APDN, GYST, AAPT, HBRM, UPZS