Exit Only, Inc. EXTO
EXTO has seen two consecutive days of gains. The RSI is creeping up, as the MACD has begun to diverge following its recent cross.
We are seeing a volume increase here as the chart begins to shape up quite nicely. This has been the stock that has brought us the most opportunities to profit in 2011, and at the rate we’re going, the same could hold true in 2012.
Agri-Dynamics, Inc. AGDY
AGDY was a fast moving momentum play, that caught our eye because of its heavy volume. Once the excitement settles and the momentum of the surge dies down, we will be anxious to see where AGDY finds its base.
The stock was under a penny at the time of our alert, .009 to be exact, and ended up hitting an intraday high yesterday of .02., for a lightning quick gain of more than 100%
American Apparel, Inc. APP
APP hit a high of .68 after being as low as .52 following our alert earlier this week. This represents a gain of around 30% for this retail play.
We mentioned that it is not uncommon to see stocks in this sector enjoy increased activity at holiday time, due to a frenzied shopping season.
BioSante Pharmaceuticals, Inc. BPAX
BPAX is a bottom alert this morning. The stock fell off of a cliff yesterday following news that one of its highly anticipated products, Libigel, did not meet expectations in the latest round of testing.
We always like to play the role of bottom-feeder when stocks like this take a major dive, as profits are made in the resultant recovery period. We are going to want to watch this one diligently to identify the bottom, and adjust our entry strategy accordingly.