MSLP, DGHG & Today’s Extended Watchlist

Muscle Pharm Corp MSLP

We are looking at MSLP as a momentum play that seems about mid-way through its run.

MSLP was recently a sub-penny, that just started to see explosive gains on increasing volume over the past week.

As per the most recent press release, the company’s MMA Elite Supplement products sell in Walmart stores.

There was also a recent announcement outlining the products entry to 500 more GNC stores nationwide, over the already existing GNC’s it had in its distribution channel. All in all, it seems you can get Muscle Pharm products just about anywhere.

MSLP is currently rated a “Strong Buy” at BARCHART.COM

Diversified Global Holdings Group, Inc. DGHG

Just recently, DGHG saw a new low of .51, and we are starting to see it bounce around off of its bottom.

This play is an old favorite of ours, and we felt it was a good time to re-enter it into the conversation, as it appears undervalued at the current level, and is just coming off of being oversold.

Extended Watchlist:

ASYI (Momentum Alert- Up significantly on high volume yesterday)

TRID, BPAX, APP, DGHG, ATRN, VHGI – Stock Watchlist

Trident Microsystems, Inc. TRID

TRID is the most recent bounceplay; as low as .075 last week at the time of our call. The stock managed a high of .1688, for a possible gain of 125%  We like the way TRID is recovering off of its bottom, making higher highs and lows, so we are still very interested to see where this short week takes it.

BioSante Pharmaceuticals, Inc. BPAX

BPAX ran into resistance last week at .596, before dipping to find support in the .48-49 range. Following BPAX moving forward, we will want that support to hold in the high .40’s, and the resistance taken out.

American Apparel, Inc. APP

After seeing gains on the order of 92%, APP ran into a slight patch of resistance at a dollar last week, and having found support in the low .90’s, is holding the majority of its gains from .52.

Diversified Global Holdings Group, Inc. DGHG

DGHG made a nice recovery off of its bottom last week. We were looking to see the stock jump back over a dollar, which it did. We like the look of the chart, having just seen a cross of the MACD.

Atrinsic, Inc. ATRN

Following our alert on ATRN, we witnessed the stock explode 265%, jumping from .015 to .0548.  The stock made a slight pullback, finding support at .0326. Just as long as ATRN can hold above three cents, we feel there is a high probability of seeing more bounceplay opportunities here.

VHGI Holdings, Inc. VHGI

Has had a stair-stepper of a chart since we began following it some time ago. The stock continues to reach new 52-wk highs, with virtually no resistance in sight.

Diversified Global Holdings Group | DGHG

Diversified Global Holdings Group, Inc. DGHG

Today’s afternoon alert includes DGHG. We have a bounce in progress here,  with the stock already having traded nearly ten times its 10 day average. by lunchtime. The day’s range is from a low of .59 to a high of 1.01 for a 86% intraday gain; we would like to see this return to and hold pre-New Year levels of 1.00 and better.

Oftentimes we like to revisit plays that have performed well in the past. DGHG certainly fits into that classification.

In the past DGHG has run from .71 to 1.51, for a 113% gain.