BUCS, EXTO | Today’s Stock Watchlist

Business Continuity Solutions Inc. BUCS

We called the bottom on BUCS on the 16th, at which time, the stock was trading around a low of .025. We saw a new high of .035 yesterday, for a gain of 40% from our initial mention.

We are still confident in the stock performing well from these levels. We of course would like to see the stock make both higher highs and lows, reaffirming its bullish status.
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Exit Only, Inc. EXTO

For those of you wondering why we continue to cover EXTO week in and week out for month upon months, we have drawn up a chart that illustrates our reasoning. This bouncy stock has created a flipper’s paradise, complete with predictable swings which are fit snugly into a substantially-pronounced uptrend.

From where it now stands, it doesn’t look like we are too many cycles away from testing previous highs reached this past summer at .0129. As if its predictable patterns didnt give enough of an indication, we are also seeing MACD and RSI states which are highly indicative of a continued uptrend in the short term.

VHGI, GRDO, EXTO | Today’s Stock Watchlist

Guard Dog, Inc. GRDO

As we stated yesterday, GRDO has a key resistance point at .0012, and it did bump into it before closing out the day flat at .0011.

It has performed well in the past for us, which is why you continue to see it on our watchlist. Accumulation/Distribution has been steadily rising since the the 13th, as you can see on this chart. In addition, the parabolic SAR is in an uptrend, not to mention the fact that the 50dma is rising toward the 200dma, heading for a Golden Cross.

GDRO is currently receiving a “Strong Buy” rating from BARCHART.com

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VHGI Holdings, Inc. VHGI

We first called VHGI on December 9th, it was as low as .21, a fraction of today’s price (.70). The stock has been as high .749 (+257%), before undergoing a consolidation. The stock is now trading in a narrow channel between the mid-.50′s and the .70′s.

The RSI recently bounced off of the .50 mark, and we have seen two consecutive days of modest gains. With a favorable MACD setup, we are liking the look of the chart from a long-term standpoint.

VHGI is currently receiving a “Buy” rating at BARCHART.com

This Morning’s News:

VHGI Holdings, Inc. Completes Acquisition of Lily Group Inc. and Secures $13,000,000 Debt Financing

FT. WORTH, Texas, Feb. 22, 2012 /PRNewswire via COMTEX/ — VHGI Holdings, Inc. (OTC.QB: VHGI) announced today that its wholly-owned subsidiary, VHGI Coal, Inc. has completed the acquisition of all of the stock of Lily Group, Inc., and in connection therewith, Lily Group has secured a $13,000,000 debt financing in order to refinance certain existing debt of the Company, pay vendors, pay costs of the transaction and for short-term working capital purposes.

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Exit Only, Inc. EXTO

We mentioned the tight channel in which EXTO has been trading of late, between .006-.007. Well, we once again saw a break in that pattern yesterday, with the stock running 50% intraday from .006 to .009. It closed out the day up 21%, exhibiting its ability to bounce for some nice gains.
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The RSI is indicating some room left to grow, and we are witnessing a MACD kiss, so we will be keeping EXTO in the forefront of our minds, and near the top of our tickers.
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EXTO is receiving a “Strong Buy” rating at BARCHART.com

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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.

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VHGI, ATRN, BNVI, EXTO, MSTG – Today’s Stock Watchlist

VHGI Holdings, Inc. VHGI

Early in the week last week, VHGI ran into a patch of resistance at its 52-week high of .746. The subsequent dip took the stock back down to .54, and from there it has managed to spring back to .74 for a 37% increase. This of course, in addition to the already triple-digit gains provided to us by VHGI.

Atrinsic, Inc. ATRN

ATRN made a 100% gain on the first day of our first alert. After a dip to another low two days following, the stock surged to .0548 for another gain, this time of 270% Since then we’ve watched the stock pull back again, to .027 (Jan.26th) The high of day at .0949 yesterday marks a total gain from the original bottom of 541% in under a month.

BioNovo, Inc. BNVI

After making a 60% move for us, BNVI has consolidated back to lower levels than our initial alert. We are going to continue to monitor this pullback phase to cease, and enter search-and-destroy mode looking for a bottom to facilitate the next bounce.

We are exercising extreme caution with relation to BNVI following their announcement that they will voluntarily delist from NASDAQ, and continue to trade as an OTC stock. We don’t have an exact timetable yet, but rest assured, we will be monitoring the situation for any opportunities that may arise as a result.

Exit Only, Inc. EXTO

 The EXTO chart may not be familiar to some of our newer members, but we suggest that you change that fact. The gains that it has provided us in the past warrant your familiarity.

The stock has held support in the .0068 range for the past three trading sessions. In the weeks ahead, we are going to be on the lookout for a break of resistance in the .008 to .009 range in order to retest our previous highs at .0129.

Should that eventuality arise, we would be in line for another 85% gain.

Mustang Alliances, Inc. MSTG

This is a new play for us this morning. MSTG saw abnormally high volume yesterday on an 11% increase. Back on January 18th, it was as high as 1.25, and if the momentum can continue, and the stock returns to that recent high, that would be a 20% increase from current levels. We thought we’d add it to our watchlist, should that event occur.

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SAPX, EXTO, PROT – Today’s Watchlist

Proteonomix, Inc. PROT

PROT hit a high of 4.00 on Tuesday, before receding back to 3.20. With all of the gains that the stock has been racking up, it is to be expected to see a bit of a course correction here or there. So, much like some of the other stocks on our watchlist, we are sitting in careful observer mode in order to eye the next possible entry point.

Exit Only, Inc.EXTO

As we’ve seen before, and stated in yesterday’s newsletter, there is going to be a bit of resistance in the .008-.009 range, but we are still counting on EXTO to break over a penny. In all honesty, we believe that EXTO could attain new highs in 2012 (previous high .0129)

Seven Arts Entertainment, Inc. SAPX

SAPX remains high on our watchlist this mid week, after it was confirmed on Tuesday that the company will be acquiring two as yet unreleased albums by multi-platinum recording artist, DMX.
LOS ANGELES, CA, Jan 24, 2012 (MARKETWIRE via COMTEX) — Seven Arts Entertainment Inc. (NASDAQ: SAPX) (“Seven Arts”) announced today that it has executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that “Undisputed,” the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group
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We are of course still monitoring all of the stocks that have appeared on our watchlists recently, which in addition to today’s featured stocks, include SVMI, VHGI, BNVI.

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