Tag: CRPZ

BIOF, PEIX & Today’s Extended Watchlist

BioFuel Energy Corp. BIOF

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Pacific Ethanol, Inc. PEIX

Although these companies are not linked, because of sharing a common sector (alternative fuels), it appears as if they are subject to many of the same trends and outside influences.

BIOF was first added to our radar back in mid-November. We caught it in the middle of a run, and watched it break out from .80-1.25, making overnight gains of more than 50%

We added PEIX on the same day as BIOF, due to a similar surge in buying. The stock saw a subsequent run from 1.01-1.85 (83%)

Both of these stocks have seen a pickup in buying much like we saw in November, and with many analysts calling for gas prices to continue to rise to $4.00 and beyond, we want to keep a close watch over alternative energy plays.
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BIOF News:
DENVER, Feb. 22, 2012 /PRNewswire/ — BIOFUEL ENERGY CORP. (NASDAQ: BIOF – News) announced today that it will be releasing its fourth quarter and year-end 2011 earnings on Thursday, March 1, 2012, after the market closes.

The Company plans to host a conference call on Friday, March 2, 2012, beginning at 11:00 a.m. (EST) to discuss the results.  To participate, please dial (800) 944-8766.  The participant code for the call is 84358.  This call will be available for phone playback for 30 days by dialing (866) 281-6782. The access code for the replay is 167702.

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A look at the charts on these plays reveals almost identical situations, and more reason for mentioning these two plays in the same breath.
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Charts:

PEIX Chart
BIOF Chart
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Barchart Opinions:

PEIX: “Strong Buy”
BIOF: “Strong Buy”

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America West Resources, Inc. AWSR

This is the latest promo stock that has been bouncing, on Friday running intraday from .50-.93 for an 86% gain. It has been the subject of a lot of chatter over the past week, so we are keeping our eyes peeled on this one.

Today’s Extended Watchlist:
AGCZ, BUCS, CRPZ, EXTO

APP, GRDO, SUNB, CRPZ, EXTO | Today’s Stock Watchlist

Sunbelt International Corp. SUNB

It seems some other groups are finally starting to catch up to the SUNB party, which is a good signal for us to start gathering our things and preparing for departure!

You have to get it where you fit in with these things, and we certainly did just that, so it is time for us to consider our exit, after enjoying a run from .165-.43 for gains topping 160%

Guard Dog, Inc. GRDO

GRDO on friday, closed with strong with some significant buying late in the day to finish up 22%.
We’ve got a new support level at .0008, and a key resistance point at .0012, and once the stock can break that point, its headed for blue skies…

The chart is looking nice as well:

We want to be around to see what happens after that occurs.

Convenience TV Inc  CRPZ

We are still watching this reader pick that has done well for us recently, with the stock having gone as high as .007. We want to continue to monitor this one in the weeks ahead for added gains.

Exit Only, Inc. EXTO

EXTO has been trading in a tight channel from .006 to .007
We are monitoring for any substantial volume increases, which could cause another pop.

For those who remember, the stock was trading .0025 first mention this past July, and is still holding roughly half of the gains seen from hitting its high of .0129.

Our longtime followers will recall that EXTO made a 415% move after that first call.

American Apparel, Inc. APP

Here’s another past pick where the chart is setting up well; it looks like the MACD is ready to cross.

We called APP shortly after it hit its 52-wk low(.52), and enjoyed an unbelievable run to a dollar.

The stock is now trading around .71, so here we have yet another stock holding roughly 50% of its gains. So like EXTO, we will be watching APP closely because we know its potential.

BUCS, SUNB, FROI, TRIDQ, CRPZ | Today’s Stock Watchlist

Business Continuity Solutions Inc. BUCS

BUCS made higher lows and higher highs yesterday, as this recovering bottom play begins to look really tempting. There are several factors contributing to the ripeness of this play; as you can see from this video chart.

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The next key area of resistance is .03, and following that, there seems to be an awful lot of upside potential. The stock was trading from the .045 to .085 range for the better part of 2011, which is why we consider shares being traded at the current level to be undervalued.

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Sunbelt International Corp. SUNB

On Thursday, SUNB experienced the classic “Shaking of the Tree”. After a small gap-up, shares were traded as high as .40.

The inevitable profit-taking caused the stock to dip to .23, scaring off some of the more skittish investors, however, saw it close down just 5% at .36.  Savvy traders who timed the bounce properly will have seen gains upwards of 50%

Tacking that on to the already-triple-digit gains leaves the impression that SUNB is aone of our top stocks for the month of February.

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Fero Industries, Inc. FROI

FROI was added to our watchlists back on Dec. 22nd, at the time, trading as low as .0075. That same day, we saw an explosion to its high of .015, for an intraday gain of 100% The close had it up 47% (.011) that day.

From a subsequent low of .0077, to Wednesday’s high of .0118 marks another 53% gained. Currently the MACD is kissing, one of our favorite indications of impending activity.

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Trident Microsystems, Inc. TRIDQ

TRIDQ has been undergoing a pullback over the past two trading sessions, as can be expected, following its run from .075, where we called the bottom.

We witnessed 325% in gains since our original alert on Jan 9th. We are going to be watching for the dust to settle, in order to time the next bounce properly.

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Convenience TV Inc. CRPZ

CRPZ is trading in an increasingly tighter channel day-by-day. We want to monitor this closely, because you never know when a sudden surge could come in (like last Friday) sending the stock soaring.