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

GIHI, EGCT & Extended Watchlist

 

Globalgroup Investment Holdings, Inc. GIHI

GIHI appeared for the first time on our extended watchlist yesterday. The stock traded as low as .0025, before running as high as .0039 in just the first hour of trading for substantial intraday gains to the tune of 56% . Not too shabby of a performance for its first day on our radars.

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Ecologic Transportation, Inc.  EGCT

We have been following EGCT since July 16th, at which time we saw it run from .30-.48 (+60%), then a slide back to .22, before seeing it surge to .44 (+100%). This week the stock offered up another consolidation, dipping to a low of .25 where it found support. Yesterday saw a close of .30, up 20% from this week’s low. All in all, that’s 180% in cumulative gains for EGCT in approximately six week’s time.

We will continue to keep this play on our watchlist. For those of you who caught EGCT’s interview with Stock Traders Talk Radio a couple of weeks back, you may want to check out the update added yesterday.

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WGAS, MFTH & PLFM

These were big volume momentum breakouts yesterday. Each of these stocks were up significantly, and we’re on the lookout for a possible continuation of that today.

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Extended Watchlist:
STEM, NOK, RENU, ADHC, UPZS, TSYS, 

ZNGA, MFTH, MSVS, F & Today’s Extended Watchlist

Zynga, Inc. ZNGA

ZNGA hit 8.67 yesterday, gaining 18% from its 52-wk low that we pointed out the day prior. It’s always nice to be able to time a bottom just right.

As we said yesterday, Friday’s upcoming Facebook IPO has a lot of folks buzzing about related stocks as well, leading us to believe that the rest of the week could continue to be very interesting for ZNGA.

Yesterday we pointed out ZNGA options as well (the $10 June Calls), which traded as low as .35, and as high as .55, for a possible 57% profit.
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Medisafe 1 Technologies Corp. MFTH

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Micron Enviro Systems Inc. MSVS

These two new momentum plays popped up on our radar recently after we noticed inreasing volume and PPS. We are going to be to keeping an eye out for each to continue the patterns we have observed, hopefully bringing us some nice added gains.
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Ford Motor Co.  F

We want to keep our scanners attuned to Ford stock as well as the stock has been on a steady downtrend of late. It is currently trading as low as it has since the last week in December, and we are on the sidelines patiently waiting for it to settle into an absolute bottom, which we will attempt to time as well as we did with ZNGA.

Once we see a turnaround here, we wouldn’t be surprised to see the stock go right back to around 12.00 or 13.00, which would be a tidy gain from current levels.

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Extended Watchlist:
EMWW, MSLP, ICPA,