Midday Updates – ACI, ENTB

Arch Coal, Inc. ACI

ACI looks to us like a bottom-feeders’ dream. We are adding this play to our bottom-play radars today, as it has just come to our attention. This is one bargain stock that may end up making us very happy that we caught it on the heels of its  52-week low (5.62, reached on Friday).

We want to monitor this play going forward, with the stock seeing a bit of green today at 6.07, being as low as 5.916- we’d like to see it continue to make higher lows off of its recent bottom.

The key level of support to hold would be 5.62, and from these levels, we think it realistic to imagine that the recovery here could be another great opportunity for substantial gains.


Entest BioMedical Inc. ENTB

ENTB was as low as .01 on Friday when we added it to our newsletter, stating that, “Generally, a stock that has displayed these kinds of gains over a relatively short period are in for a bit of a slide; something that is generally followed up by a bounce. That is what we will be awaiting.”

We certainly didn’t have to wait very long. Today’s high of .018 represents an 80% gain, quick-as-you-please, and served up to us on a silver platter this morning!

It even prompted one of our faithul readers to send us an email expressing his gratitude for the heads-up call: “ENTB was a monster today. As usual, great service. The best part? The day’s not even over!”

As always, we welcome correspondence from our subscribers, so feel free to drop us a line!


Extended Watchlist:


ATRN, ARNA & Today’s Extended Watchlist


Atrinsic, Inc. ATRN

ATRN is a stock we have been covering for quite some time. Some of you may recall the huge run exhibited by the stock earlier this year. Following our alert in January, the stock was trading as low as .012, only to hit a high of .3599 by February for one of our biggest gains all year, totaling 2899% .

As for the present situation, the stock has not been this low since January, and while we do not expect a run of the magnitude we saw before, even a run to the 50DMA of .07, from this level would yield a gain of 100%

We’d like to see the stock hold its key level of support .035, and are looking for a break past .05 (20DMA), which is the first main area of resistance.


Arena Pharmaceuticals, Inc. ARNA

ARNA continues to pile up the gains since we began mentioning it back on May 11th , having risen a total of 53% since that time.

We said that the time leading up to the company’s prosposed FDA approval date of 06/27 was going to be interesting, and we were correct. The stock continues to run as we approach zero hour, and we are certainly excited to see the results, and how the stock is affected at that time.


Extended Watchlist:

XG (Coming off lows), WEST, ICPA, THWI,

ALGF, IDVC & Today’s Extended Watchlist

Algae Farm (USA), Inc. ALGF

ALGF first appeared on our extended watchlist on May 24th, at which time the stock was trading as low as .0008! Yesterday, the stock made its fourth consecutive day of gains since May 24th at .0056, for a possible gain of 600% thus far.

Rumor around the campfire, is that some investors anticipate ALGF to be trading in the multi-penny range in coming weeks. With such a small float, those rumors could very well become a reality,  which is why we want to keep ALGF on our radar moving forward.

In addition, ALGF is currently receiving a “Strong Buy” Rating at BARCHART.COM

ALGF has a reported float of 67M shares, as of May 10th, 2012, according to OTCMarkets.com

Algae Farm (USA), Inc., a Nevada corporation, is a biotechnology developer of processes and systems that produce high yield, predictable, reliable, scalable, sustainable algae oil, residual biomass and algal biomass in an indoor climate controlled environment.

For more information on the company, click here.


Infrastructure Developments Corp. IDVC

IDVC was a bottom-bounce play that has turned into a momentum play with the recent surge of volume which has yielded two solid days of gains for our members.

Over the long weekend, we discovered IDVC while scanning for a good bottom play, and our timing couldn’t have been any better. We mentioned it Monday in our extended watchlist, when the stock was trading as low as .0019.

At yesterdays high-of-day (.0067) we have already witnessed the opportunity to reel in 256% in gains; not bad at all for just a two-day stretch

We will be monitoring this play for a follow up to the update we received early-on this week:

SALT LAKE CITY, May 29, 2012 (GlobeNewswire via COMTEX) — Infrastructure Developments Corp. (OTCBB:IDVC) (the “Company”) wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities. Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy “Lido” project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC’s public float which increase may have resulted in the drop in IDVC’s stock price over the past ten months.

Except for $2,000, all convertible debt that is currently entitled to conversion has been converted to stock as of today’s date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion. >>FULL STORY


Extended Watchlist:

ATRN, AAPT, EMWW, DNAD, CRCL (Watching for bottom)