AAPT & Extended Watchlist

All American Pet Company, Inc. AAPT

AAPT shined on Thursday, landing us at the top of Penny Stock Rumble‘s Top Gainers list for the second straight day (GYST put us there on Wednesday). After touching a low of .027, it reached .0389, for more than 40% gained on the day.

Beginning Thursday of last week, (trading at .0143) we’ve been encouraging folks to take a look at AAPT. Those fortunate enough to have jumped in at last weeks low would be up 172% as of yesterday’s high.

BARCHART.com was rating this play a “Sell” up until yesterday. Today, it is being rated a “40% Buy”

All in all, AAPT has been our top performer (though still just one among many) of the past couple of weeks. We want to keep this on watch for weeks to come as well. With all the exciting developments of late, we don’t want to miss a beat.

____

Extended Watchlist:
APDN, AONE, RENU, BBDA, EGCT, MJNA, ALU, PPHM

All American Pet Company | AAPT & Extended Watchlist

All American Pet Company, Inc. AAPT

After hitting a high of .0295 yesterday, the stock ran into some resistance at its 100DMA of .0282. We are looking for AAPT to make that its new level of support, as the chart indicators are all still suggesting that this thing could continue to increase in value.

As you can see, the RSI passed the 50DMA, heading towards the power zone. The blue bars on the histogram continue to build up to the bullish side, and PPO recently crossed over, passing the 50DMA, with the Slow STO heading into the power zone.Based on these indicators, this could be setting up for a multi-day runner.

The company has been very active with regard to making information available, and we would not be surprised to see that trend continue with more news in coming weeks.

____

Extended Watchlist:
RENU, GYST, MIKP, MJNA,

BBDA, AONE, MDHI & Extended Watchlist

Bebida Beverage Co. BBDA

BBDA turned things right around for us yesterday, just as we had hoped. The s1tock found support off of .0054, only to rally back and hit a HOD .0082 before closing out the day at .0077.

Gains of 42-53% could have been attained yesterday alone. BBDA has certainly done a bangup job for us over the past couple of weeks, and based on current momentum, theres seems to be no end in sight.

____

A123 Systems, Inc. AONE

AONE was a nice addition to the extended watchlist yesterday after we caught it on our morning scans. The stock opened up strong out of the gate, had a pullback midday to find support at .47, bouncing as high as .5129, before closing at .50.

AONE is just coming off of its 52-wk low, and all of the chart indicators lead us to believe that this could be more than just a one-day wonder. The next key resistance level is sitting at .63.

____

Medical Alarm Concepts Holding, Inc. MDHI

MDHI had its 3rd consecutive green day in a row since we’ve been following it on Monday, continuing to make higher highs and lows for the third day as well.

The stock has news out this morning, so it will be interesting to see how that plays into the midst of an already well-performing stock:

MDHI Cancels Fuel Additive Project – As Company Trends into Profitability to Concentrate Exclusively on the MediPendant
KING OF PRUSSIA, Pa., Aug. 9, 2012 /PRNewswire via COMTEX/ — Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK) today announced the cancellation of its exploratory entry into the fuel additive business in order to concentrate exclusively on its MediPendant personal medical alarm product line.

____

Extended Watchlist:
MJNA, NOK, AAPT, KMAG, VNDA