Tag: F

KWBT, OGNG, NOK & Extended Watchlist

Kiwa Bio-Tech Products Group Corp. KWBT

This morning we’d like to talk about Kiwa Bio-Tech in the wake of a press release that hit the wires yesterday, causing quite a stir among traders. The stock has only recently awoken from a slumber at the end of November, and the company has since provided two updates that include yesterday’s news announcing that the share structure would remain unchanged per a vote at the annual shareholders meeting.

BEIJING and CLAREMONT, Calif., Dec 18, 2012 (GLOBE NEWSWIRE via COMTEX) — Kiwa Bio-Tech Products Group Corporation (OTCBB:KWBT) held its annual meeting Friday in Beijing. Over 67.1% of the total number of shares outstanding were represented in person or by proxy at the Annual Meeting.

Mr. Wei Li, Mr. Xucheng Hu, Mr. Lianjun Luo and Prof. Qi Wang, as the four individuals receiving the greatest number of votes, were elected to the Board of Directors. Each of them was elected as a director to serve for the term expiring on the date of the Company’s 2013 annual meeting and until his or her respective successor is duly elected and qualified.

Paritz & Company, P.A. was appointed to act as the Company’s independent auditors for the fiscal year ending December 31, 2012.

The proposal to increase the number of authorized shares to 800,000,000 from 400,000,000 failed to receive a majority of votes in favor and therefore was not approved.

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Bravo Enterprises Ltd. OGNG

Recently OGNG woke up and ran from the .01-.02 range all the way up to .115, and has since been inching up, maintaining higher highs and higher lows. Earlier this year, OGNG ran as high as 1.30, from .03, and later made a rip from .04-.25. Looking at those runs allows us to identify previous resistance points, and based on occurrences of high volume of the past, we see that it is capable of making big swings. A break of the resistance at .25 could really catapult OGNG into another huge run, so we have this stock on watch.

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Nokia Corp. NOK

We have included NOK on our extended watchlists through much of 2012, starting in July, at which time it was trading under two dollars (1.91). On Monday the stock broke the 4.00-mark, hitting a high of 4.27 yesterday. 1.91 to 4.27 marks a total possible gain of 124%

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Extended Watchlist:
AZFL, BOSC, SVEN, SCXN, SNTL, SWHC, F

VPER, IDVC, JNSH, EMWW & Today’s Extended Watchlist

Viper Networks, Inc. VPER

VPER had a big volume day on Tuesday, with over 188M shares traded (Approx. $820K in dollar volume). After gapping up, the stock ran into resistance at .0055, one of the key resistance points that we’ve pointed out in the past couple of video charts we’ve done outlining VPER.

The stock ended up closing down on the day at .0034 (its 50DMA). This stock has brought us gains of over 240% since we first discovered it. It is always important to lock in those porfits wherever possible, so we certainly hope others have found good fortune with VPER as well.

We’d like to see VPER hold over .0034, or things have a chance to get ugly.

The company had news out this morning:

DETROIT, May 30, 2012 (GlobeNewswire via COMTEX) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to provide additional information regarding recently announced corporate developments, and how the Company is building a foundation for greater success and profitability through sector diversity in attractive growth markets.

All in all, this play has more than done its part, and will now be moved to our back burner.

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Infrastructure Developments Corp. IDVC

We spotted IDVC over the weekend before mentioning it in yesterday’s extended watchlist, thinking it had some bounce-play opportunity.

The stock was as low as .0019, and hit a high of .0036 for a possible gain of around 90%

This is EXACTLY the reason why we stressed the importance of not only reading our picks for the day, but also looking through our extended watchlist. Winners are constantly cropping up from the bunch.

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JNS Holdings Corporation JNSH

We are putting this new stock on watch for “Blue Sky” breakout mode, as all indicators seem to be pointing toward the bullish. The stock has recently reached highs not seen since the summer of 2010.

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Structural Enhancement Technologies Corp. EMWW

Twice now we’ve timed this play for explosive gains, and are now observing the stock as it searches out a bottom. A bounce opportunity could be in the making, so we want to keep a pretty watchful eye on EMWW.

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Extended Watchlist:
AMBT, DAKT, TIVO, F, X

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

Viper Networks, Inc. VPER

VPER made a nice swing on Friday, having traded as low as .0017, and closing at the HOD of .0025. An intraday gain of 47% was made possible by the stock.

VPER recently ran from .0016-.0031 (05/04), and preceding that was a run from .0024-.0037. We want to treat these highs at .0031 & .0037 as key resistance points that we will be looking to break.

Should we break past those points, resistance is negligible until we hit .005. We could be looking at gains of 25-100+% provided the stock can continue its momentum, and retest previous highs.

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Extended Watchlist:

ADSK(Bottom),ATRN, EMWW, GMXS, FB, F