HEB, PEIX, BIOF & Extended Watchlist

HEB is new to our report this morning; we wanted to point it out due to a chart that  On Monday, the stock pulled back below the 100DMA for the first time since July. From July-Sept. HEB ran from .262-1.10, for chances at gains on the order of 320% We are keeping an eye peeled for this one, as we would be glad to take even a fraction of that kind of profit, should the stock break out again.

We’ve seen a chart phenomenon known as a Fibonacci retracement (50%). We’ve identified the key level of resistance as .68, which coincides almost exactly with the 100DMA of .67. A break past this point could be the key that unlocks much heftier gains.

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Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

We wanted to revisit our old favorites, ethanol plays BIOF and PEIX. We have grown accustomed to mentioning these stocks in the same breath, as we have observed that they trend together quite regularly.

We noticed these familiar stocks on our scanners yesterday, and saw them beginning to heat up once again, each testing their 50DMA’s. We want to keep these two near the top of our watchlist. Our experience with these stocks in the past has brought us highly substantial gains.

BIOF CHART

PEIX CHART

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Extended Watchlist:
BCCI, YMI, CLWR, ELAY, AZFL, APDN, DSTI, PFNI, 

ANTS, PPHM, MDHI & Extended Watchlist

ANTs Software Inc. ANTS

Once again, ANTS earned us a spot on Penny Stock Rumble on Friday. The stock hit a high of .034 before closing at .03. We had mentioned that we wanted to keep an eye on ANTS heading into this week as a result of the heavy momentum we observed, and currently we are up over 150% from Wednesday’s low. At this stage of the game, we are considering taking half off of the table, and playing the rest of the way with the house’s money. It is always vital to protect your profits, should the stock take a turn for the worse.

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Peregrine Pharmaceuticals, Inc. PPHM

Speaking of stocks heading in the wrong direction, PPHM is experiencing a huge gap-down today as a result of a disconcerting press release.

We first mentioned PPHM on August 14th, after which time it saw a low of 2.37 before hitting a high of 3.05. for a three-day, 29% gain. By the 27th it had pulled back to 1.27, and then on Friday hit its high of 5.50, and at that point marked a gain of 213%  That would have been the time to lock in profits, as we just stated; you really never know when some poor news can begin to damage a stock’s performance.

This drastic pullback this morning, should offer a bounce opportunity, which is why we want to continue to monitor it despite the current situation.

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Medical Alarm Concepts Holding, Inc. MDHI

MDHI hit a new high of .0065 last week, a gain of over 100% since we first began covering the stock back on August 6th when it was trading as low as .003.

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Extended Watchlist:
HEB, BLRX, LPH, BVSN, EGCT, DHRM, HLNT, SRGE, P