LBSR, TLON, NGSX, CLSP & Today’s Ext. Watchlist

Liberty Star Uranium & Metals Corp. LBSR

LBSR first appeared in our extended watchlist as a momentum play on July 3rd . When we returned from the holiday, we included it in our newsletter once again. At that time the stock was as low as .028. On Friday, the stock closed at .04.

We’ve pointed out a few key points on the chart in the following video.


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Talon Therapeutics, Inc. TLON

TLON is the play we mentioned last week with an upcoming FDA Date. The company is set to receive results on August 12th on its leukimia treatment, Marquibo.

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NeurogesX, Inc. NGSX

NGSX is a bottom bouncer that we included in Wednesday’s newsletter. We are still giving it some time, although we have already seen gains of 10-20% in the two days we’ve covered the play.

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Callisto Pharmaceuticals, Inc. CLSP

Another one of our selections from Wednesday that is performing well for the short time we have been paying attention. CLSP was as low as .57 following our alert, and managed to close at .70 on Friday. If CLSP breaks through its previous resistance of .72, we could see a could turn to bluesky breakout mode.

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07/21 $615 AAPL Calls (APPL Earnings Expected 07/24 Could run to $620+ into earnings.)

Recent release of the new iPad into Chinese markets, said to have had major effect on the company’s Q2 earnings.

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Extended Watchlist:

GPXM, EGCT,

PROP, TEGY & Today’s Extended Watchlist

Propell Corp. PROP

We had PROP in our Extended Watchlist on June 25th at .0052, shortly after which time the stock traded as low as .0036. For the past three sessions, we’ve seen higher highs and higher lows, closing green each time.

Yesterday signified a key break in resistance, with the stock hitting a new high (since Feb.) of .025. For the ones keeping track, that’s a possible range of gains of 384-594% from the time of our first alert.

The chart recently underwent a Golden Cross, with the 20DMA superceding the 50DMA, often a bullish indicator. It looks as if the 20DMA could also cross the 100DMA.

RSI is looking like it wants to push into the powerzone, the PPO had a cross, and the Slow STO is about to cross the 50 overlay.

Should we see a pullback, we’d like to see support hold at .0098.

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Transact Energy Corp TEGY

Here’s another Extended Watchlist play that turned a decent profit. We alerted TEGY on June 5th. On June 11th, it hit .03, before touching a new high yesterday of .061 for a gains ranging from 22-102%

The following press release, out Wednesday, could be a real catalyst for added gains, once it begins to sink in just how big a devopment $25M in new financing can be.

SAN ANTONIO, TEXAS, Jul 11, 2012 (MARKETWIRE via COMTEX) — TransAct Energy Corp. (PINKSHEETS: TEGY), an innovator in sustainable energy production, is reporting a memorandum of understanding that will provide the company with a twenty-five million dollar financing. Rod Bartlett, President, stated, “The company signed the MOU with Alfra Developers of San Antonio, TX, over 90 days ago but is announcing it today because it is now considered material, as the terms for the funding have been tabled.”

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Extended Watchlist:

LNGT, LBSR,

CHTP, LBSR, XCLL, ACI & Today’s Extended Watchlist

Chelsea Therapeutics International, Ltd. CHTP

CHTP appeared on our Extended Watchlist on Tuesday after we saw a large gap-down occurring pre-market. The stock saw a low of .70 where it found support, only to turn around to hit .9399, for a possible intraday gain of 34%

After our first day of following CHTP, we like what we see. We are going to monitor this one with a more long-term approach.

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LBSR was added as a momentum play on Tuesday, the stock came out of the gate stong, running 28% intraday from .039 to .049, before consolidating and closing out the day at .037.

The volume we saw on Tuesday certainly validated our classifying the stock as a momentum play. Should the momentum continue, it is likely that we will see additional opportunities to rake in a profit.

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XcelMobility Inc. XCLL

Our call of XCLL on Tuesday landed us a spot on Penny Stock Rumble’s top gainers list, a feat we have now accomplished twice in as many weeks.

XCLL was a great call for us. We swooped in and caught the stock off of its 52-wk low. On Friday, after our first mention, shares were as cheap as .11. Just three short trading days later, the stock had gone up 150% to close out the day on Tuesday at .25.

According to the chart, the next point of resistance should come at .36. If the stock can’t breach that level, it is likely that we’ll see a pullback.

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Arch Coal, Inc. ACI

We called ACI a bottom-fishers dream on June 18th, it was as low as 5.41 a few days following that, and on Tuesday hit a high of 7.63. That marks a gain of 41%

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  AAPL (Options- We pointed out the $600 Weekly Calls on Tuesday, they ran from 2.47-4.02, dipped to 2.16, only to close at 3.10. With this type of volatility, there is ample opportunity to pull down substantial gains. )

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Extended Watchlist:

ICPA, YIPI, IDOI, EEDG