Category: Newsletters

ACYD, FB Options, TWGP & Extended Watchlist

American Community Development Group, Inc.  ACYD
–
ACYD played out the dip-and-rip scenario that we anticipated yesterday to the letter. The stock pulled back to a low of .031, before recovering ground on up to .049, marking the chance at  up to 58% in intraday gains.

The performance was solid enough to land us atop the Penny Stock Rumble as yesterday’s #1 Stock Pick.

We easily spotted the opportunity in ACYD yesterday, and we’re taking a similar view of the stock today. It is making higher highs and higher lows on significant volume, and we will remain interested as long as that trend continues. Keep in mind, trading with a tight stop-loss is the prudent course of action on a play like this, where the stock has already exhibited greater-than-average volatility.

Facebook, Inc.  FB -Options
We saw a dip-and-rip from FB after a gap-up yesterday. The stock has been on the rebound this week, and we are looking for similar action today. In that event, we would expect the 10/11 $49 Calls to also undergo a dip-and-rip scenario. It seems a real possibility to see FB return to the $50-level or higher, which would likely cause those contracts to yield multi-bag gains. They closed at .54 yesterday, and are in the process of gapping up in pre-market trading this morning, putting us on alert for another potentially-fruitful session to close out the week.

Tower Group International, Ltd. TWGP

Earlier this week, we were looking for TWGP to make a dead-cat bounce as the stock was tanking. This morning the stock is gapping-up so we could now be witnessing what could be an opportunity-laden recovery. There is a large gap to fill on the chart to the 7.00-range. Covering even half of that gap would have us looking at sizable profits from current levels.

Extended Watchlist:

 FREE, WTAR, OCLR, VVUS, ASFI, ETRM

ACYD, PROP & Extended Watchlist

American Community Development Group, Inc.  ACYD
–
ACYD appears on our radar today as a full-bore breakout play, having increased over 3800% in less than a month. In June we tagged this stock as one to watch, and then again on 09/23. This illustrates why it is of vital importance to stay tuned to not only our daily focal points, but our extended watchlists as well.

At this point, ACYD has burst into the stratosphere, making entry from these levels extremely risky, if not inadvisable. We are not in the business of chasing extreme runners like this one, so what we’re going to do is monitor this play for a pullback and subsequent bounce.

It wouldn’t be the first time we’ve reaped profits from a stock in the same situation, if you recall BRND as an example. Over the summer, we timed the pullback after a series of tweets by Dennis Rodman caused the stock to spike violently over a very short period. On the heels of a gain in excess of more than 700%, that play afforded us a chance at over 80% on the dip-and-rip from .0077-.014.

Propell Technologies Group, Inc.  PROP
Another extended watchlist play, yesterday we placed PROP on watch after noticing it had broken its 50DMA in recent sessions. It turned in a solid intraday performance to the tune of 20%, having traded as low as .44 before hitting a high of .527, and closing strong at .52.

The next key resistance resides at .56, coinciding with the current 200DMA. Just a heads-up: Failure to breach that hurdle at .56 would likely give way to a pullback.

Extended Watchlist:

 FREE, SVFC, LQMT, CHTP, DRWI

EWSI, CELGZ & Extended Watchlist

E-Waste Systems, Inc.  EWSI
–
We talked about EWSI on Friday, at which time it was trading at a low of .043, and have monitored the stock throughout this week. Yesterday, we saw a high of .0519, marking a 21% move off of the bottom. We wanted to see EWSI hold above its 50DMA (.045), and it has thus far managed to do so. Looking forward, we’d like to see the stock continue to hold above that level.

The company had some news out yesterday regarding plans for the opening of the largest e-waste facility in India:

LONDON, UNITED KINGDOM, Oct 08, 2013 (Marketwired via COMTEX) — E-Waste Systems, Inc. (OTCQB: EWSI) (‘EWSI’ or the “Company”), an electronic waste management services, technology and reverse logistics company and the first public pure eWaste company, announced today that it has signed an MOU with Cerebra Integrated Technologies Limited (‘Cerebra’), a publicly traded company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Cerebra, based in Bangalore, India is India’s leading total IT Solutions provider. The agreement calls for the creation, in Bangalore, of the largest E-Waste facility in India, using EWSI’s ePlant1000(TM) technology. The facility is expected to achieve at least 98% recovery of recyclable materials. An investment via a share exchange between the partners is also expected to form part of the relationship.

Celgene Corp. CELGZ
We were watching CELGZ yesterday due to abnormal pre-market activity, for the possibility of quick gains, and that’s just what we got. The stock, after touching a low of 1.39 rumbled upward to as much as 2.70, a 94% intraday gain. This came on roughly 33X the 3mo. average volume.

With that kind of momentum, it appears as if CELGZ’s success could spill over into today’s session, so we’ll want to keep this one high on our watchlists.

Extended Watchlist:

 ABIO, INO, AA, GOGO, PROP