SRGE, MIKP & Extended Watchlist

Southridge Enterprises, Inc. SRGE

SRGE has been on our radars for the better part of a week now. The first appearance on our watchlist was on September 6th. On Friday, the stock traded as low as .0024, and yesterday the stock hit an impressive high of .0095. That represents a possible gain of 296% Congrats  to those who were able to capitalize on some substantial gains. We love a good gold play, and this one turned out to perform quite well.

The company has has an active summer with regard to press, and yesterday released yet another tidbit of positive info:

DALLAS, TX, Sep 10, 2012 (MARKETWIRE via COMTEX) — Southridge Enterprises Inc. (PINKSHEETS: SRGE) (“Southridge” or the “Company”) today announced it has begun a Multi-million Dollar expansion of its Cinco Minas Mill (CMM) located at Cinco Minas, Jalisco, Mexico. The new facility’s high efficiency expansion will raise full production capacity to 500 ton per day (tpd), a more than 8 fold increase from the current 60 tpd production level, by the end of 2013.

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Mike The Pike Productions, Inc. MIKP

MIKP was a play from our August 16th extended watchlist, which reached new highs yesterday after making a nice move. Being as low as .0005 following our alert, yesterday’s high (and close) of .0023 marks gains of up to 360%

If we see a consolidation here, we’d like to see MIKP hold .0019 as a level of support. Previous highs often serve as future support levels, and if .0019 can hold, we might see a significant bounce off of that price point. Other key key levels are the 50 and 100 DMA’s of .0015 and .0012 respectively.

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BBDA, AAPT & KMAG

Even though gains were not huge yesterday, each of these stocks were in the green yesterday. Past gains from these have been substantial, and thus we continue to keep these plays on our watchlist.

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Extended Watchlist:

VDSC, MFTH, SGLB, CTYX

PPHM | Peregrine Pharmaceuticals Inc & Extended Watchlist

Peregrine Pharmaceuticals, Inc. PPHM

We’ve had PPHM on our radars for the better part of a month now. In that time, there has been quite a few opportunities to get in and out at a nice profit. At the time of our first alert, on August 14th, it experienced one of its biggest volume days ever, trading over 12.5M shares.  We reminded our members of PPHM’s explosiveness last Thursday. On Friday, the stock traded a whopping 29M shares, accompanied by a significant price increase. The stock touched a low of 2.68 before surging 90% to 5.08, and closing at 4.50. With all of the increased interest and activity, we want to keep an eye on PPHM moving forward.

The company had a lot of news out last week outlining various developments, including its intent to release financials today, premarket.

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Side Note: The APPL $680 Calls that appeared in our extended watchlist on Friday, at one point ran from .90 to nearly 3.00. Apple options continue to be an ongoing source of profits for us.

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Extended Watchlist:

MDHI, BBDA, AAPT, KMAG, SRGE, EGCT, IGC, MGM, P

DOMK, PPHM, MDHI & Extended Watchlist

DoMark International, Inc. DOMK

Typically our sweet spot for stocks are in the low price range between subpenny and .25, however every once in awhile, we do come across a big-gaining stock in a higher price range. This was the case with DOMK when we discussed it back on April 12th. We saw it catapult from 3.44 to 4.88, making gains up to 42%. We then followed as it dipped to 1.67, only to bounce as high as 3.63, for an added run of 131%

After that run, the stock slid into a downtrend, and we monitored from the sidelines as it reached a low of .32 in the month of August. Last Wednesday, the stock jumped once again from .325 to .765 for a huge 135% rip. It then consolidated to find a higher level of support in the low .50’s, and yesterday we saw a close at the high of day, up 23% at .67.

The company is anticipating the release of the iPhone 5, for reasons outlined in yesterday’s PR:

LONGWOOD, FLORIDA, Sep 05, 2012 (MARKETWIRE via COMTEX) — This document corrects and replaces the press release that was sent today at 8:35 am ET.

DoMark International Inc. (OTCBB: DOMK) (the “Company” or “DoMark”), through its wholly owned subsidiary, SolaWerks Inc., is moving forward with several product developments in anticipation of the release of the iPhone 5 by Apple. The iPhone 5 is potentially the most anticipated mobile device release in history. Apple is expected to announce the release of the iPhone 5 in San Francisco at 10:00 am EST on September 12, 2012. Sales are expected to commence September 21.

DoMark is actively preparing for the iPhone 5 release, which has high potential to be Apple’s strongest product launch in history. DoMark is presently seeking to replenish its stock of SolaPads and SolaCases. Furthermore, as the iPhone 5 specifications become available, DoMark will launch reconfigured versions of its best selling SolaPad and SolaCase for the new device as with all upcoming Apple mobile devices.

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Peregrine Pharmaceuticals, Inc. PPHM

We first began talking about PPHM on August 14th. Following that first alert the stock ran from 2.30 to 3.09. As we watched it consolidate, we were sure to keep it in our extended watchlist. On August 27th it appeared there, as we observed a new low of 1.76. Yesterday, we saw the stock reach a new high of 3.21, marking a gain of 82% for anyone sharp enough to time that bottom.

Between this play and the above mentioned one, it becomes clear that we can in fact have good fortune with relatively high-priced stocks.

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Medical Alarm Concepts Holding, Inc. MDHI

For those who still prefer the pennies, we re-submit MDHI. Back on August 6th, we first talked about this play, being as low as .003. In just a couple days, it hit .0046, then in another few weeks, we saw highs of .005.

For the past three trading sessions, the stock has been holding higher lows and making higher highs, which landed it back on our watch screens. There is a golden cross formation setting up on the chart with the 20DMA (.0041) preparing to breach the 100DMA (.0042). There is a key level resistance at the 200DMA of .0053. Other bullish points to take in from the annotated chart we’ve linked to below, the Accum./Dist. has been steadily increasing since the end of July, and the RSI appears to be strengthening. The Slow STO has also recently crossed over.

Here is a link to an annotated chart on MDHI.

In addition, news out this morning could give MDHI the push it needs to negotiate its way through its key resistance:

KING OF PRUSSIA, Pa., Sept. 6, 2012 /PRNewswire via COMTEX/ — Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK), manufacturer of the MediPendant(TM) two-way voice personal medical alarm, today announces the retirement of the last portion of it outstanding Series B Convertible Preferred shares.

Ronald Adams CEO commented, “Over the past few months we have negotiated the cancellation of a large portion of convertible debt, the cancellation of 165 million toxic warrants most of which were in the money, and now the final piece of Series B Convertible Preferred shares. All of our Series A preferred had been retired previously. As we prepare to move into profitability and back into fully reporting status, these retirements and cancellations will allow us to reflect the true worth of our business on upcoming balance sheets and in our other financials.”

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Extended Watchlist:
BBDA, AAPT, SRGE, KMAG

IWDM, KMAG & Extended Watchlist

ioWorldMedia, Inc. IWDM

IWDM first appeared in our newsletter on July 19th, shortly after it had hit its 52-wk low. For about a month following, the stock lingered at around .015-.0219, giving everyone ample opportunity to accumulate cheap shares. Last week, the stock had pushed as high as .06, making gains of up to 300% possible since the time of our first alert.

After hitting that six-cent high, the stock experienced a couple days of consolidation, until yesterday, when it began to move up once again.

Currently, BARCHART.com rates IWDM as a “Strong Buy”

Technically speaking the chart is looking sound. We have a golden cross of the 20DMA superseding the 100DMA, as accumulation and distribution has been on a steady increase this month. The RSI has also been hovering around the powerzone.

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KMA Global Solutions International, Inc. KMAG

Speaking of golden crosses, KMAG, an old-time favorite, is experiencing one currently, with the 50DMA surpassing the 100DMA. Accum/Dist. has been rising steadily, the RSI recently held support off of the 50DMA, and the PPO is pinching, showing a hint of covergence. The Slow STO recently crossed over, passing the 50DMA, and is heading up to the powerzone.

We started putting KMAG back on our radar at .0075 on August 3rd, and by the 13th, it hit a price of .019, for a tidy 153% gain. Key levels of resistance will come at August’s high of .019, and .0231 (previous high hit in April)

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Extended Watchlist:
AAPT, BBDA, ENTB, OTHM, PSTI, NOK, HEK

AAPL, APDN, AAPT, SAGD & Extended Watchlist

APPL Options

Our mention of AAPL Options yesterday was right on time. The $655 Call was as low as 5.00, closing at the HOD of 14.40 (188%). The $660 call was as low as 3.39, closing at 11.05 (226%). We sincerely hope our members were able to catch our newsletter from yesterday morning which alluded to these calls. We don’t have a crystal ball with regard to Apple’s trend continuing, as volatility is often the order of the day. That said, while indicators remained bullish, we stayed with the calls, and were handsomely rewarded as a result.
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  Applied DNA Sciences, Inc. APDN

APDN has been on our watchlist since last Friday, having as low as .07. At yesterday’s high of .1645, we were looking at a 135% gain in the span of just two sessions. In that time, we’ve also seen the volume increase significantly. Yesterday’s volume doubled that of Friday, which had doubled Thursday’s volume as well. We will certainly be monitoring APDN for the remainder of the week to see where the momentum can carry us.
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All American Pet Company, Inc. AAPT

AAPT had yet another positive performance yesterday, after it’s consolidation during Friday’s trading. We’ve been following the stock since April,with mainly good results, as we have become quite familiar with it’s patterns and trends. We noticed the stock beginning to make some headway last week as we observed a breach of the 20, 50 and 100DMA’s. Yesterday we saw a new high since early June, and as long as it continues to hold support above the 100DMA of .029, we will continue to keep an eye peeled in its direction.
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South American Gold Corp. SAGD

We would like to add SAGD to our periphery this morning, as a gold play momentum alert. Monday saw some nice volume and explosive gains, bullishly closing at the high-of-day (.0087), and just above a key level of resistance (The 50DMA of .0085).

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Extended Watchlist:
UPZS, HBRM, KMAG, GYST, HLNT

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