Viper Networks, Inc. VPER
VPER had a big volume day on Tuesday, with over 188M shares traded (Approx. $820K in dollar volume). After gapping up, the stock ran into resistance at .0055, one of the key resistance points that we’ve pointed out in the past couple of video charts we’ve done outlining VPER.
The stock ended up closing down on the day at .0034 (its 50DMA). This stock has brought us gains of over 240% since we first discovered it. It is always important to lock in those porfits wherever possible, so we certainly hope others have found good fortune with VPER as well.
We’d like to see VPER hold over .0034, or things have a chance to get ugly.
The company had news out this morning:
DETROIT, May 30, 2012 (GlobeNewswire via COMTEX) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to provide additional information regarding recently announced corporate developments, and how the Company is building a foundation for greater success and profitability through sector diversity in attractive growth markets.
All in all, this play has more than done its part, and will now be moved to our back burner.
Infrastructure Developments Corp. IDVC
We spotted IDVC over the weekend before mentioning it in yesterday’s extended watchlist, thinking it had some bounce-play opportunity.
The stock was as low as .0019, and hit a high of .0036 for a possible gain of around 90%
This is EXACTLY the reason why we stressed the importance of not only reading our picks for the day, but also looking through our extended watchlist. Winners are constantly cropping up from the bunch.
JNS Holdings Corporation JNSH
We are putting this new stock on watch for “Blue Sky” breakout mode, as all indicators seem to be pointing toward the bullish. The stock has recently reached highs not seen since the summer of 2010.
Structural Enhancement Technologies Corp. EMWW
Twice now we’ve timed this play for explosive gains, and are now observing the stock as it searches out a bottom. A bounce opportunity could be in the making, so we want to keep a pretty watchful eye on EMWW.
AMBT, DAKT, TIVO, F, X