DUSS, AAPL, STWG & Extended Watchlist

Dussault Apparel, Inc. DUSS

Our first alert on DUSS came last Wednesday the 16th, at which point the stock jumped from .001-.0015, giving us the chance at intraday gains of up to 50%  DUSS would repeat this action the following day, once again bouncing from .001 to .0015.

We had DUSS on our watchlist once again on the 23rd following a sell-off from previous highs, and were just in time to catch a low of .0009, and watch the stock jump 44% to yesterday’s close at .0013. Highly volatile plays like this one are not for the faint-of-heart, and while extreme caution should be employed in trading such stocks, it’s plain to see that they can also facilitate a multitude of rapid-gain opportunities.


Apple, Inc. AAPL – Options

AAPL has continued its uptrend all week, and the 11/01 $505 Calls that we’ve been tracking since 10/16 have continued their ascent as well. They’ve now reached 32.53 from where we began in the $12-range. The $510 Calls, starting out at $10 have charged as high as  28.91.

On Tuesday, we talked about moving our strike price closer to the money, while AAPL was trading in the high $520’s; we then saw a pullback to $508, and traders could have jumped into the $525 contracts at a deep discount. They went as low as 9.50, and yesterday touched a 19.70 high en route to a strong close at 19.35.

That’s the second time in the past week that our options ideas have yielded possible gains in the triple digits.We are going to stay on top of Apple as the earnings release on the 28th approaches. Historically, the stock has a tendency to run into earnings announcements in addition to high volatility on the day of release. We’ll be ready and waiting to time our plays accordingly.


S2C Global Systems, Inc. STWG

We caught STWG on a volume scan back in December of last year. In subsequent months it ended up showing us a huge move from sub-penny levels up to .02, and presenting the chance at quadruple-digit gains, as some of our long-time readers might remember.

We are looking toward STWG once again, as it seems momentum has been picking up recently; volume has been increasing and accumulation is at an all-time high. We are going to be monitoring for a move past that previous swing-high at .02, which would trigger a blue sky breakout.

BARCHART.COM currently lists STWG with 100% “Buy” Ratings in both the short and medium term.


Extended Watchlist:
WTER, CECO, COCO, ELY, DVAX

FREE, PHOT, AAPL & Extended Watchlist

FreeSeas, Inc. FREE

Everything we talked about yesterday ended up doing well, beginning with FREE. After opening up at .3723 the stock shot up to a high of .468, a move of 26%. Most importantly it held those gains nicely all the way through the close at .45.

This was right on par with what we had hoped to see from FREE, as it closed above the 50DMA. It seems our timing of the bounce worked in our favor, and moving forward, we’d like to see the stock continue to make higher lows and higher highs. The 10DMA of .49 and the 20DMA of .60 are going to be our next major hurdles to clear.


Growlife, Inc. PHOT

PHOT went on a similarly successful run as well, following yesterday’s morning report. The stock opened up at .0719, and continued to push the envelope all day, reaching its peak at .0899 shortly before 2PM. That marked an intraday gain of 25%, and like FREE, the stock managed to hold a significant portion of those gains into the close (.0847)

That solid performance came on nearly four times the average volume, so we are going to be keeping an eye on this stock for continued momentum.


Apple, Inc. AAPL – Options

The 11/01 $505 and $510 Calls that we had been tracking would hit their highs early on in the session before AAPL began pulling back from its big gap-up. The $505’s touched an ultimate high of 29.70 (Original alert in the $12-range) while the $510’s reached their peak at 26.44 (1st alerted at $10).

Both sets of contracts offered the chance to gain over 100% At that point, any good trader is taking profits off of the table and chalking it up as a win. Between now and when AAPL releases earnings on the 28th, we’ll be looking to move our strike price closer to the money, and continue to take advantage of this cash cow any way that we can.


Extended Watchlist:
BIEL, AVEW, DUSS, JAKK, CERE, CPRX, STXS, CMFO (Large gap-down watching for possible bounce)

CHGS, DUSS & Extended Watchlist

China GengSheng Minerals, Inc. CHGS

After appearing on yesterday morning’s extended watchlist, CHGS came screaming out of the gate, running from .19 all the way up to .35 (+84%). The stock consolidated, and followed that initial run with two subsequent bounces, one from .24-.35 (+46%), and another from .28 to the day’s high at .39 (+39%).

A tip of the cap to anyone who was able to take advantage of some of the nearly 170% in cumulative intraday gains provided by CHGS, which can be seen on the following chart:


Dussault Apparel, Inc. DUSS
DUSS was the addition we made to the day’s watchlist in yesterday’s afternoon update. Following that alert, we saw a low of .0012, followed by a 25% run-up to the .0015 high-of-day where the stock closed.

As you can see on the annotated chart below, the next key area of resistance to watch for a break resides at .0024. A break past that point would put us in blue-sky breakout territory.

PLEASE NOTE: DUSS is a play that we selected from one of our daily scans. We were not compensated in any way to feature DUSS in our reports, however, owners of this newsletter did purchase two million (2,000,000) shares out of the open market.


Extended Watchlist:
KERX, GERN, ODP, BORN, FB, AAPL, XNY, RMTI