Lightlake Therapeutics LLTP
We are hearing a lot of exciting chatter on LLTP, a biopharma stock that is new to our newsletter today.
There is an interesting story behind this company; they have chemically developed a way to combat addictive disorders such as chronic drug/alcohol abuse, obesity due to binge eating, and just about any other malady that is driven by addiction. The company claims that their compound works upon the chemical connections in the brain that cause habitual destructive behavior.
Dr. David Sinclair, Chief Science Officer for Lightlake Therapeutics said: “Most human behavior is driven by a system of reinforcement controlled by powerful brain chemicals. We have learned how to regulate these chemicals using an active compound that is extremely safe and effective, so that bad habits are progressively extinguished, and good ones promoted.”
Raystream Inc. RAYS
RAYS did fairly well in its first week of trading following our first call Monday afternoon. On Tuesday it went from a low of 1.36, to yesterday, touching 1.70, for a 25% gain.
The company put news out yesterday announcing a connection with their very first client, that will serve as a testing-ground of sorts for their video data compression services.
DALLAS, Oct 13, 2011 (BUSINESS WIRE) — Raystream Inc. (OTC BB: RAYS.OB), an emerging global provider of HD online video services, today announced it has signed its first customer contract with edgefactory OMNIMEDIA for a variable use license of the Raystream Compression Service. The one-year license agreement represents the genesis of Raystream’s technology-forward service matched with edgefactory’s cutting-edge business production services.
“We are pleased to announce our first customer contract, negotiated through Raystream’s Orlando office by BDM Didier Nicholas,” said Michael Seay, Raystream’s Vice President of Sales and Strategic Implementation. “A global corporate and convention video production provider, edgefactory OMNIMEDIA serves as our first strategic partnership that will test new revenue opportunities in live broadcast streaming compression.”
Raystream is launching its proprietary online video compression technology with edgefactory as its inaugural client.
FBC Holding, Inc. FBCD
We have been covering FBCD for some time. We re-alerted the stock recently at a penny, and it subsequently ran 71%, hitting a high of .0171.
On Wednesday, the stock found support just over a 50% retrace at .013, and we are looking to hold this support, and retest this week’s high of .0171.
This stock is a prime candidate for flippers, as it likes to dip and surge with great regularity.
It’s been awhile since the last company update, so we are anticipating forthcoming news at any time.
Coffee Holding Co., Inc. JVA
JVA has proven to be another short-term success for us, rising steadily over the past week. We also believe that it has a significant long-term upside. We saw another bounce yesterday, to the tune of 9%
We were fortunate enough to come across this play at a nice bottom, so far, in a little over a week we have already seen 56% in gains.
As far as what we have observed about the trading patterns: The stock likes to gap up, then consolidate, offering a dip before finishing strong to close near the high of day.