SVMI, CRPZ, THQI, BPAX, NSRS, LOGL | Stock Watchlist Updates

SaVi Media Group, Inc. SVMI

We’ve had SVMI on our radar for awhile now. We like the technology behind this stock, which lands it in a pretty unique space with few competitors, and jam-packed with potential. Following our alert, from a subsequent low of .006, the stock has gone to .0128, which represents a gain of 113%
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Convenience TV Inc. CRPZ

We want to thank our reader, Mike, for sharing this trading idea with the group. This play is a perfect example of why we encourage reader participation via replies to our alert emails.Thus far we’ve enjoyed a 60% ride from .0015-.0024._

THQ, Inc. THQI

We added THQI to the watchlist on Friday as it gapped down on news of disappointing earnings. We were waiting for the bottom to settle in, which it seems to have done in the low .50’s. This afternoon we have observed a bounce to the low .60’s. As we stated at the outset, the recovery in situations like these can make for handsome gains.
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BioSante Pharmaceuticals, Inc. BPAX

BPAX is experiencing another day of tidy gains today, as it broke above recent highs. Those of you who are new to the newsletter, BPAX was another great bounce play opportunity, like so many others we seem to be calling lately.We anticipated a run leading up to the FDA date (Feb 14th). Following that, the direction it takes will be contingent upon the results, but the days leading into it should be very interesting.The low following our maiden alert on BPAX was .38.  Today’s high of .83 signifies a possible gain of 118%

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North Springs Resources Corp. NSRS

NSRS continues to be a winner as it seems the stock is currently being fueled by a monstrous promotion (of which we have taken no part). We have been covering NSRS independently without compensation since December 28th.Since that time, the stock has been as low as .253. The percentage amount gained at today’s high of day (1.49) stands at 489%  No small feat to say the least. _

Legend Oil and Gas, Ltd LOGL

 Our new bottom play this morning had a range of .78-.8795 for an intraday run of 13%, and continues to look bullish, holding more than half of the day’s gains.

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

VSST, BPAX, ATRN, TRID – Today’s Watchlist

BioSante Pharmaceuticals, Inc. BPAX

You’ve heard us say, “if it ain’t broke, don’t fix it”. BPAX broke its resistance on Tuesday, hitting a HOD of .6749, closing the day at .66, and kicking off this short week in good fashion. So far, our total gains on BPAX are sitting at 74%

There are certain groups who believe wrongdoing was taking place with regard to the statements released by the company about its failed product, LibiGel. We are reserving judgement until more information comes to light, but thought you should be made aware of the situation as well. 

NEW YORK, Jan 11, 2012 (BUSINESS WIRE) — Levi & Korsinsky is investigating potential claims on behalf of purchasers of BioSante Pharmaceuticals, Inc. (“BioSante” or the “Company”) (Nasdaq: BPAX) securities concerning possible violations of federal securities laws.

For more information, click here: http://zlk.9nl.com/biosante-pharmaceuticals-bpax.

Atrinsic, Inc. ATRN

ATRN saw a modest 5% increase yesterday, on lighter-than-average volume. It is good to see a consolidation and sideways trading action on decreased volume; it appears as if ATRN is building a new base for its next leg up.

The RSI still appears oversold, and has plenty of room to climb higher from here

Trident Microsystems, Inc. TRID

TRID had its first down day Tuesday since we’ve been following this stock. After 125% in gains, a little pullback is to be expected, but we wont let the symbol slip from our radar just yet. The stock maintained a higher low of .127, only to close at .143, for a 13% intraday gain.

Voice Assist, Inc. VSST

This stock hit its 52-week low yesterday, so we are going to be watching closely for signs that its hit its bottom, that we might catch it on the rebound.

Just as recently as October, VSST was trading in the .70-.80 range, and between 1.25-1.50 back in August. Should the stock recover from this selloff and return to those previous prices, gains of 250%-600% could be in store.

This all may not happen overnight, thus we would categorize this as a long term play. As you’ve seen with our other bottom plays, its always best to begin paying attention early, so as not to miss a beat when the stock begins to turn up from its bottom.  

We think that this company has a great technology that could eventually take off, but don’t take our word for it: The company offers free 30-day trials here.