Tag: BMSN

Wednesday Afternoon Updates

Abby, Inc. ABBY

This morning, ABBY opened up at .155 as trades were going off at the offer. Following a wave of selling pressure, we unfortunately lost our key level of support, and are now monitoring for a new level of support.

We will watch closely for the selling pressure to ease off, and for the bid to solidify. This morning’s activity does not change ABBY’s status as a bottom-play trading near all-time lows. Our experience with bottom-plays in the past tells us that we need to be patient, and ready for any stir that can turn into the next big run.

Sell-offs can often cause people undue worry, so let’s not forget the exciting happenings with ABBY’s Nebraska oil field projects as outlined in this morning’s report. Any word of progress in that regard could be just the catalyst we are looking for to jumpstart ABBY off of its bottom.

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Amarantus Biosciences, Inc.  AMBS

We have been talking about AMBS since November 6th. Since that time, the stock has seen a low of .017 (Dec. 3rd), and a subsequent high of .0945 today. That move marks a gain of 456%____

Southridge Enterprises, Inc. SRGE

SRGE has been a topic of discussion for us since September 6th. In that span of nearly three months, we’ve seen the stock trade in a range from .001 (Sept. 17) on up to .0194 (Nov. 26th) for a monster 1840% move. It then dipped back to .0045 before running to .015 for an added 233% rip.

With the type of news we saw out of SRGE today, we wouldnt be surprised to see it retest previous highs:

DALLAS, Dec. 26, 2012 /PRNewswire via COMTEX/ — Southridge Enterprises Inc. (PINKSHEETS: SRGE) (“Southridge” or the “Company”) is excited to announce a new Joint Partner, Kinross (NYSE: KGC), a Major listed Mining Company for its Cinco Minas and Gran Cabrera properties. Southridge’s joint partnership with Kinross, a major NYSE listed gold mining company, is valued at roughly $550,000,000 to $600,000,000. Due to numerous shareholder inquiries Southridge and its Board of Directors felt the need to update the market on its recent announcement named, “Southridge Announces Signed Agreement with Major NYSE Listed Mining Company on Cinco Minas and Gran Cabrera Gold & Silver Mines in Mexico.”

Southridge and its advisers are currently working hand in hand with Kinross to finalize the remaining documents and agreements in order to execute this new joint partnership for its Cinco Minas and Gran Cabrera properties with Kinross. Due to the size and complexity of this transaction we expect to execute this joint partnership with Kinross by Mid-January.
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Extended Watchlist:
CTIX, EPGL,PAYD, BMSN

HLNT, XCLL, EEDG, EBIG & Today’s Extended Watchlist

Highline Technical Innovations. Inc. HLNT

HLNT had a good session on Friday, experiencing a bounce just as we predicted. The stock appears to have found support in the .005 range.

The low-of-day on Friday was .0054, before the stock ran to .0071, for a possible intraday gain of 31%

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XcelMobility Inc. XCLL

It seems we were able to time the bottom on XCLL as well, as the stock reached its 52-wk low on Thursday before upturning, and beginning to bounce on Friday after appearing on our Extended Watchlist.

We are viewing this play as more of a medium-to-long term involvement, as we seem to have showed up just in time for the stock’s recovery.

As you can see below, we’ve highlighted both the resistance points (in blue), and support (green), as well as an RSI coming off of being oversold, getting ready to test the 50MA. The PPO is showing signs of looking up, with a hint of convergence, and the Slow STO appears ready to cross and also come off of being oversold. All in all, the chart setup seems favorable.

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Energy Edge Technologies Corporation EEDG &

EastBridge Investment Group Corp. EBIG

Both EEDG and EBIG posted gains of around 10% on Friday, both trading between the .10 and .12 range.

We are happy to announce that these two rounded out our group of winners for Friday, being the third and fourth green plays out of five morning selections. Where else are you going to find that kind of consistency?

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Extended Watchlist:

   YIPI, BZRT, ENTB, BMSN,

ICPA, BMSN & Today’s Extended Watchlist

ICPA traded as low as .033 on Monday, only to hit .056 yesterday, for a 70% intraweek gain.

Our first alert of ICPA in 2012 came on January 19th. The stock hit its .0008 52-wk low the following day.

This weeks 70% gainer sure was nice, however, someone fortunate enough to wait patiently from its ultimate low to this weeks high wouild have seen gains on the order of 6900%

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Bio-Matrix Scientific Group, Inc. BMSN

BMSN held nearly all of yesterday’s gains, closing at .0104, gaining 89%, and earning us the number one slot from our friends over at Penny Stock Rumble.

From the looks of the chart, all indicators suggest this wild runner is not yet ready to be saddled.

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Extended Watchlist:
VPER, HOKU, MSLP, X