ALGF, IDVC & Today’s Extended Watchlist

Algae Farm (USA), Inc. ALGF

ALGF first appeared on our extended watchlist on May 24th, at which time the stock was trading as low as .0008! Yesterday, the stock made its fourth consecutive day of gains since May 24th at .0056, for a possible gain of 600% thus far.

Rumor around the campfire, is that some investors anticipate ALGF to be trading in the multi-penny range in coming weeks. With such a small float, those rumors could very well become a reality,  which is why we want to keep ALGF on our radar moving forward.

In addition, ALGF is currently receiving a “Strong Buy” Rating at BARCHART.COM

ALGF has a reported float of 67M shares, as of May 10th, 2012, according to

Algae Farm (USA), Inc., a Nevada corporation, is a biotechnology developer of processes and systems that produce high yield, predictable, reliable, scalable, sustainable algae oil, residual biomass and algal biomass in an indoor climate controlled environment.

For more information on the company, click here.


Infrastructure Developments Corp. IDVC

IDVC was a bottom-bounce play that has turned into a momentum play with the recent surge of volume which has yielded two solid days of gains for our members.

Over the long weekend, we discovered IDVC while scanning for a good bottom play, and our timing couldn’t have been any better. We mentioned it Monday in our extended watchlist, when the stock was trading as low as .0019.

At yesterdays high-of-day (.0067) we have already witnessed the opportunity to reel in 256% in gains; not bad at all for just a two-day stretch

We will be monitoring this play for a follow up to the update we received early-on this week:

SALT LAKE CITY, May 29, 2012 (GlobeNewswire via COMTEX) — Infrastructure Developments Corp. (OTCBB:IDVC) (the “Company”) wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities. Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy “Lido” project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC’s public float which increase may have resulted in the drop in IDVC’s stock price over the past ten months.

Except for $2,000, all convertible debt that is currently entitled to conversion has been converted to stock as of today’s date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion. >>FULL STORY


Extended Watchlist:

ATRN, AAPT, EMWW, DNAD, CRCL (Watching for bottom)