NSRS, ICPA, BPAX, SAPX – Today’s Stock Watchlist

BioSante Pharmaceuticals, Inc. BPAX

BPAX pushed to a new high on Wednesday, breaking resistance, and hit .75, before closing at .6719. We are going to monitoring closely as the company approaches its FDA date next month.  A positive FDA decision on BPAX’s Bio-T-Gel could be a serious catalyst for more growth in the stock.

Seven Arts Entertainment, Inc. SAPX

Last week, we added SAPX to our radar, and since then it has been trading sideways in a tight channel, seeing little movement in either direction. We want to keep this stock on our radar, waiting to see a pickup in volume which would likely result in a nice PPS increase.

North Springs Resources Corp. NSRS

NSRS exploded yesterday, closing at .825. From our original alert at .253 on Dec.28th, that’s a 232% gain! The stock has been rising steadily over that time, with an extra boost provided by Tuesday’s PR outlining a new LOI:

LAS VEGAS, NEVADA, Jan 17, 2012 (MARKETWIRE via COMTEX) — North Springs Resources Corp. (OTCBB: NSRS)(PINKSHEETS: NSRS) (the “Company” or “North Springs”) is pleased to provide this further update regarding the recently announced Letter of Intent (“LOI”) with Discovery Gold Ghana Limited (“Discovery Gold”) to acquire a ten percent (10%) interest in the Edum Banso Gold Project (“Edum Banso”), a high-potential gold exploration property in Ghana, Africa.

IC Places, Inc. ICPA

This blast from the past did very well for us midway through 2011, and has had a couple of nice bounces as its come down to touch bottom. .0009 and .0011 are our levels of support that we should watch closely; if those levels are lost, things could get ugly fast, but in the meantime, we are treating ICPA as a bottom play with bounce potential. Key resistance points are .003 and .0042.

ICPA was a spotlight on StockTradersTalk radio last night. For those of you that have not checked out the STT, feel encouraged to do so, as the show provides some really good insights into the world of trading for both beginning and experience traders alike. Check it out at StockTradersTalk.com