LGNT | Laser Energetics, Inc. & Extended Watchlist

Laser Energetics, Inc. LNGT

Today’s interest is a unique company and product. Laser Energetics makes what are referred to as laser optical distractors. Essentially, high powered lasers are used as a deterrent/disorienting device from anyone from private citizens to government law enforcement agencies. One could imagine all of the scenarios in which technology like this would be useful. The principle the devices are built upon is the same as police car roof sirens, that are designed to cause disorientation through bright and distracting flashing lights. Quite an interesting niche for this company which has been around for more than 20 years.

The primary focus of Laser Energetics is the Dazer Laser® – Light Fighting Technologies™, and its new BrightStar™ Alexandrite laser technology. In addition, LEI is developing a new product line of light diffusers called Totally Reflective Transmitter (TRT) technology, which will be marketed for use in mobile phones and PDA’s screens as well as signage – for example as a replacement for neon signs.

From the stock side of things: This one has made some nice bounces over the past year, making some good runs to .075 and .08 where there is significant resistance. Key levels of support are at .05 and .055. Should the stock get past the moving averages which sit in the range from .06-.063, we could easily see a break to .07 or .08. A move to those levels from here, would mark gains of 36-45%

We have taken the liberty of providing you with a video presentation of the chart:

____

Extended Watchlist:
RFMK, PROT, NOK, HDY, 

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.

____

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.”

____

Extended Watchlist:

LNGT, LBSR,