LTCHD & Extended Watchlist

mCig, Inc. LTCHD

LTCHD landed us atop the Penny Stock Rumble following yesterday morning’s alert.  After touching an early morning low of .12, the stock would stair-step its way up for the entire day, closing out the afternoon at its high of .23. That was a golden opportunity for our subscribers to bank up to 92% in gains on a single session.

This excellent daily performance came on a large amount of volume, and spawned a nice setup for the chart as the 50DMA is preparing for a Golden Cross of the 200DMA. We definitely want to keep this play on our watchlists moving forward. As is the case with any heavy gainer, we also want to stay cautious for a possible reversal.


Extended Watchlist:
CYNX, SAPX, LOTE, LOCM, ENVI, GRPN, PLUG

VPER | Viper Networks, Inc. & Today’s Extended Watchlist

Viper Networks, Inc. VPER

We first caught VPER back on March 13th. The stock was trading as low as .0018, and ran to .0056, 211% the very next day.

Since that time, we saw another run, after the stock pulled back to .003, and subsequently surged to .0064; so we know VPER is capable of some nice swing action.

Yesterday, we saw the stock trickle down to a new low, and as you can see on the chart, it appears to be searching out a bottom that we will attempt to time for yet another bounce-play.

Recent News:
DETROIT, May 1, 2012 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce the appointment of Mr. David Alpert of Prestige Business Management, Inc. of Nevada, to supervise and complete the last two fiscal years of the Company’s financials ended December 31, 2011.>>> FULL STORY

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Extended Watchlist:
ICPA, ECDC, EVDR, MSLP, RENU, CYNX,

MSLP | Muscle Pharm Corp. & Today’s Extended Watchlist

Muscle Pharm Corp MSLP

It has been a while since we first jumped on MSLP. Our maiden alert came on March 20th. Following that point, the stock was as low as .012, and we witnessed a run as high as .0375 by April 2nd.  After that 213% run, the stock pulled back to find support off of the 50DMA around a penny-and-a-half. A bounce from .0147 to .0305 was yielded by MSLP from there. Following that, it established a new low at .017, from which point we arrived at a high of .0228.

There have been a few good PR’s recently, including the announcement of a stock repurchase program, as well as new news out this morning:

DENVER, May 3, 2012 /PRNewswire via COMTEX/ — MusclePharm Corporation (OTCBB: MSLP), a nutritional supplement company focusing on all categories of an active lifestyle, today said that, in light of yesterday’s FDA ban on the substance DMAA, >>>Full Story

The look of the chart is ripening as well. We can clearly see the 50DMA rising toward the 200DMA and heading for a potential golden cross, as well as the MACD converging, with the histogram bars therein looking like they may soon want to flip up topside. All in all, it seemed like the right time to mention MSLP once again.

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Extended Watchlist:
CYNX, EVDR, EMWW, GMXS, ICPA