Month: October 2012

LNGT, PROT, RFMK & Extended Watchlist

Laser Energetics, Inc. LNGT

LNGT had a decent end to the week last week, holding support off of .053, and running into some resistance at .06. On an ongoing basis we’d like to see the stock make higher highs and higher lows. As indicated in Friday’s video chart, if LNGT can break above resistance at .06 and .063, there’s chance we’ll see a run back to the .07-.08 range.

____

Rapid Fire Marketing, Inc. RFMK

Speaking of stocks making higher highs and higher lows, RFMK has done that since we added it to our watchlist on Sept. 20th. Having been as low as .0021, and hit a high of .0041 this past Wednesday. Towards the end of the week, it consolidated on light volume, and found support in the mid-.003 range. Provided RFMK continues to hold support above the 200DMA of .003, we’ll remain bullish on this stock. We feel the chart is really setting up nicely, and will keep an eye on RFMK moving forward.

____

Proteonomix, Inc. PROT

It appears as though PROT did some leveling off after a sharp selloff toward the beginning of last week. The stock has made some huge runs in the past, and now that we’ve observed it forming a new base here, it would be wise to keep an eye peeled for a possible upcoming bounce.

____

Extended Watchlist:
EGCT, VRNG,

LGNT | Laser Energetics, Inc. & Extended Watchlist

Laser Energetics, Inc. LNGT

Today’s interest is a unique company and product. Laser Energetics makes what are referred to as laser optical distractors. Essentially, high powered lasers are used as a deterrent/disorienting device from anyone from private citizens to government law enforcement agencies. One could imagine all of the scenarios in which technology like this would be useful. The principle the devices are built upon is the same as police car roof sirens, that are designed to cause disorientation through bright and distracting flashing lights. Quite an interesting niche for this company which has been around for more than 20 years.

The primary focus of Laser Energetics is the Dazer Laser® – Light Fighting Technologies™, and its new BrightStar™ Alexandrite laser technology. In addition, LEI is developing a new product line of light diffusers called Totally Reflective Transmitter (TRT) technology, which will be marketed for use in mobile phones and PDA’s screens as well as signage – for example as a replacement for neon signs.

From the stock side of things: This one has made some nice bounces over the past year, making some good runs to .075 and .08 where there is significant resistance. Key levels of support are at .05 and .055. Should the stock get past the moving averages which sit in the range from .06-.063, we could easily see a break to .07 or .08. A move to those levels from here, would mark gains of 36-45%

We have taken the liberty of providing you with a video presentation of the chart:

____

Extended Watchlist:
RFMK, PROT, NOK, HDY, 

ONTC, RFMK, CMGO & Extended Watchlist

Onteco Corp. ONTC

ONTC proved to be an excellent alert for us yesterday. The stock began trading premarket at .0008, and subsequently hit a high of .0012, trading over ten times the three month average volume.  Even those unable to catch the bottom and hang on for maximum gains (50%), a 22% profit was possible from the .0009 PPS at the open, to .0011. Any way you slice it, ONTC was a successful pick for Wednesday. As our included video chart suggested, resistance began cropping up at the 20 and 50DMA at .0012.

____

Rapid Fire Marketing, Inc. RFMK

This stock first appeared on our watchlist on September 20th. Yesterday marked a new high since we’ve been following RFMK. Being as low as .0021 on the day of our alert, and yesterday touching a high of .0041, we’ve seen the opportunity to make a profit of 95%

____

CMG Holdings, Inc. CMGO

CMGO first appeared in our newsletter on the 17th, and we re-alerted it again on Tuesday. From Tuesday’s low of .026 to yesterday’s high of .035, represents a gain of 35%

____
Extended Watchlist:

EGCT, ECOB, MRNA, MJNA, CBIS, CCAJ, CLRX,