PROP, TEGY & Today’s Extended Watchlist

Propell Corp. PROP

We had PROP in our Extended Watchlist on June 25th at .0052, shortly after which time the stock traded as low as .0036. For the past three sessions, we’ve seen higher highs and higher lows, closing green each time.

Yesterday signified a key break in resistance, with the stock hitting a new high (since Feb.) of .025. For the ones keeping track, that’s a possible range of gains of 384-594% from the time of our first alert.

The chart recently underwent a Golden Cross, with the 20DMA superceding the 50DMA, often a bullish indicator. It looks as if the 20DMA could also cross the 100DMA.

RSI is looking like it wants to push into the powerzone, the PPO had a cross, and the Slow STO is about to cross the 50 overlay.

Should we see a pullback, we’d like to see support hold at .0098.

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Transact Energy Corp TEGY

Here’s another Extended Watchlist play that turned a decent profit. We alerted TEGY on June 5th. On June 11th, it hit .03, before touching a new high yesterday of .061 for a gains ranging from 22-102%

The following press release, out Wednesday, could be a real catalyst for added gains, once it begins to sink in just how big a devopment $25M in new financing can be.

SAN ANTONIO, TEXAS, Jul 11, 2012 (MARKETWIRE via COMTEX) — TransAct Energy Corp. (PINKSHEETS: TEGY), an innovator in sustainable energy production, is reporting a memorandum of understanding that will provide the company with a twenty-five million dollar financing. Rod Bartlett, President, stated, “The company signed the MOU with Alfra Developers of San Antonio, TX, over 90 days ago but is announcing it today because it is now considered material, as the terms for the funding have been tabled.”

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Extended Watchlist:

LNGT, LBSR,

ICPA, TLON & Today’s Extended Watchlist

We’d like to extend a big welcome to all of our new subscribers! Get ready for a new way of doing things! You made a great choice in signing on with us, and will soon notice that we’re not your average stock newsletter. We provide our readers with play after play, day after day, with little regard for our own interests. All we really care about is bringing you the best product we can, through careful coverage of many stocks at once. More often than not, we cover these stocks for long periods of time, waiting for just the right moment. Take our first mention today, ICPA. We have been on this one for a very long time, and have had our patience rewarded highly on more than one occasion as a result:

IC Places, Inc. ICPA

Our first mention of ICPA in the newsletter came on January 9th. At the time, the stock was trading as low as .0008, and since that time, the stock has provided us with many opportunities to gain as the one year chart shows.

At one point in the beginning of May, a high of .0585 was attained, however the nature of trading on this stock has given us the chance to rake in more than just the astonishing gain from triple-zero range to a nickel. Subsequent to that run, the stock pulled back to find support in the .02’s only to turn around and hit the nickel-range once again. ICPA has been a veritable cash cow for us at times, so our newest members will become familiar with this stock.

After another recent pullback in late June, we saw support form at the 200DMA (.0112).  ICPA now has broken the 100DMA at .0185, which we’d like to see become the new support. .

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Talon Therapeutics, Inc. TLON

We picked up on this upcoming FDA play, and wanted to pass it along to you today. TLON is likely to become a target for many investors as we approach August 12, the company’s FDA PDUFA for their Phase III drug candidate Marqibo.

Some of you will remember ARNA, a recent FDA play that we covered quite successfully. The stock ran into its approval date, and scored approval, along with a serious surge in PPS. (5.44-13.50 in just about a month and a half)

If TLON enjoys even a fraction of the success garnered by ARNA, we’re in for quite a ride in coming weeks.

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Extended Watchlist:
CLSP, NGSX (Bottom Bouncer), AAPT

CTDT, HLNT, BBDA, VHGI, & RENU | Today’s Stocks

Centaurus Diamond Technologies, Inc. CTDT (Formerly SWTR)

CTDT ended up closing at .20 yesterday on strong volume. With the kind of momentum we saw we wouldnt be surprised to see a small gap-up this morning.

In that event that occurs, we would consider taking profits, and observe for a subsequent pullback.

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Highline Technical Innovations. Inc. HLNT

Last week, we alerted HLNT as a bounce play, and this week, we have begun to see some momentum building in the stock. If it can hold support at .007, we could see a re-test of its recent high of ,0135.

We like the makeup of the chart here:

The RSi appears to be strengthening, trying to get up to that 50 mark, while the PPO seems to be converging. The Slow STO has converged and is in the midst of a cross.

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Bebida Beverage Co. BBDA

Another stock we caught after a large run up in effort catch a bounce on Friday. We said we would like to see support hold at .002, and it did hold at .0025. The stock saw a close of .003 yesterday, a gain of 20%

We are looking to see a break of resistance at .003, hopefully to test recent highs at .0039.

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VHGI Holdings, Inc. VHGI

VHGI saw some more uptick action on Monday. We put it back on our watchlist on June 25th after we noticed a recent selloff. At the time, it was trading as low as .055.

The stock seems to be making higher lows and higher highs off of the bottom we caught, and we’d like to see it hold support at or above the 20DMA of .09.

At yesterday’s high of .13, we’ve seen 136% in possible gains from .055, in just two weeks’ time.

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Renuen Corp RENU

RENU News Out Today:

NEW YORK, NY, Jul 10, 2012 (MARKETWIRE via COMTEX) — RenuEn Corporation (PINKSHEETS: RENU), a rapidly expanding renewable energy roll up company focused on solar, wind and geothermal energy solutions, announced today that the Company now has a live website that conveys RenuEn’s new corporate identity to both the renewable energy and investment communities. Visitors to www.renuen.com will find information regarding the Company’s products and services.

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