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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.

EFFI | EffTec International, Inc. | Momentum Alert

EffTec International, Inc. EFFI

EFFI is one promising stock that hit our radars today. Despite being up significantly, the stock has traded close to 13x its 10-day average volume, so we thought that certainly qualified for a momentum alert.

The stock has been rather thinly traded until now, so we think it should be interesting to see where this surge in activity will take EFFI.

Just a little background on the company, EffTec’s flagship product is EffTrack(TM), an Internet-based analysis tool for water-based HVAC chillers. The patented system has been proven to reduce energy costs associated with large HVAC systems by 15-25%

Investor Presentation on EFFI

More Info @ www.efftec.com

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Extended Watchlist: AWSR, CRPZ, BUCS,

SPAH | Spectrum Acquisition Holdings, Inc.

Spectrum Acquisition Holdings, Inc. SPAH

We have a new play for you this morning in SPAH, that comes on the heels of a 14% increase on Monday’s session. The stock is currently boasting an RSI that looks oversold, and in general, a favorable chart setup to possibly see further gains.

Apart from the promising technicals, this company operating in the mining sector has properties in the Shasta Cascade mountain region, which straddles the Oregon and California border. With prices of precious metals having been on a steady rise for the past couple of years, and no visible signs of slowing, which is why we always have an eye out for a good mining play.

Not your every day mining outfit, Spectrum is currently pursuing a variety of patent applications in what is being referred to as the “bio-mining” sector. These include various bio-processing methods/apparatuses for ore, in addition to a laser-guidance system for use with an industrial stone-cutting system.

More info: http://www.mineamerica.com

BIOF, PEIX & Today’s Extended Watchlist

BioFuel Energy Corp. BIOF

Pacific Ethanol, Inc. PEIX

Although these companies are not linked, because of sharing a common sector (alternative fuels), it appears as if they are subject to many of the same trends and outside influences.

BIOF was first added to our radar back in mid-November. We caught it in the middle of a run, and watched it break out from .80-1.25, making overnight gains of more than 50%

We added PEIX on the same day as BIOF, due to a similar surge in buying. The stock saw a subsequent run from 1.01-1.85 (83%)

Both of these stocks have seen a pickup in buying much like we saw in November, and with many analysts calling for gas prices to continue to rise to $4.00 and beyond, we want to keep a close watch over alternative energy plays.
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BIOF News:
DENVER, Feb. 22, 2012 /PRNewswire/ — BIOFUEL ENERGY CORP. (NASDAQ: BIOF – News) announced today that it will be releasing its fourth quarter and year-end 2011 earnings on Thursday, March 1, 2012, after the market closes.

The Company plans to host a conference call on Friday, March 2, 2012, beginning at 11:00 a.m. (EST) to discuss the results. To participate, please dial (800) 944-8766. The participant code for the call is 84358. This call will be available for phone playback for 30 days by dialing (866) 281-6782. The access code for the replay is 167702.

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A look at the charts on these plays reveals almost identical situations, and more reason for mentioning these two plays in the same breath.
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Charts:

PEIX Chart
BIOF Chart
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Barchart Opinions:

PEIX: “Strong Buy”
BIOF: “Strong Buy”

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America West Resources, Inc. AWSR

This is the latest promo stock that has been bouncing, on Friday running intraday from .50-.93 for an 86% gain. It has been the subject of a lot of chatter over the past week, so we are keeping our eyes peeled on this one.

Today’s Extended Watchlist:
AGCZ, BUCS, CRPZ, EXTO