Tag: MSTG

ANTS, THQI, MSTG – Stock Watchlist

ANTs software inc. ANTS

ANTS exploded yesterday on high volume, as it seems we’ve once again caught a momentum play just in the nick of time. The stock hit a high of .0061, and closed at .0055, for a 67% gain on the day.

With the momentum that we saw yesterday, we wouldnt be surprised to see that carry into next week, so for the time being, ANTS’ spot on our watchlist is reserved.

THQ, Inc THQI

THQ is a bottom play that we wanted to add to our watchlist this morning. It isnt very often that this sort of bottom opportunity is presented by such a well-known company, but video game developer THQ is certainly a name that we have heard before.

Back in early December the stock took a downturn from 1.80 to the 1.40’s, before a large gap-down from 1.46 to 1.21. The stock has recently bounced off of its low of .63, so we’d like to see a continued recovery to 1.20, where we could see that gap filled back up to 1.40. We don’t see this stock staying under a buck for long.

Mustang Alliances, Inc.MSTG

MSTG has closed near its high of day for 3 of the past 4 days. Yesterday the stock closed just two cents shy of recent highs that we predicted would be reached again. We are now in a position of having to raise the bar, so to speak, after a recent MACD cross, a move past these levels could create a definite blue-sky situation. Thus far MSTG has afforded us the opportunity to make an 18% gain, but the biggest gains we believe are yet to come.

MSTG, CRPZ, FROI – Today’s Stock Watchlist

Mustang Alliances, Inc. MSTG

MSTG was as low as 1.04 after our first alert, and closed at its high of day yesterday(1.15) for an 11% gain. When we first added it to our radar on Tuesday as a momentum play, we mentioned that we would like to see it return to its recent highs of 1.25. We are half way there, and at this rate our goal looks attainable.

Convenience TV Inc. CRPZ

There is always an open invitation to our readers to send in their trading ideas which they believe have value. This morning, a tip of the cap to Mike, for calling our attention to CRPZ.

It appears as if CRPZ qualifies for bottom play status, trading very close to it 52-wk low of .0014, making now a good time to take a look, thanks again Mike.

Fero Industries, Inc. FROI

On Dec 23rd, we added this stock to our watchlist, at which time, it was trading at .0082. That same day it high a high of .013, for a 62% gain.

The stock closed at a penny on Wednesday, still holding 22% percent of its previous gains. There was a recent MACD cross, and this chart looks like it is shaping up nicely.

VHGI, ATRN, BNVI, EXTO, MSTG – Today’s Stock Watchlist

VHGI Holdings, Inc. VHGI

Early in the week last week, VHGI ran into a patch of resistance at its 52-week high of .746. The subsequent dip took the stock back down to .54, and from there it has managed to spring back to .74 for a 37% increase. This of course, in addition to the already triple-digit gains provided to us by VHGI.

Atrinsic, Inc. ATRN

ATRN made a 100% gain on the first day of our first alert. After a dip to another low two days following, the stock surged to .0548 for another gain, this time of 270% Since then we’ve watched the stock pull back again, to .027 (Jan.26th) The high of day at .0949 yesterday marks a total gain from the original bottom of 541% in under a month.

BioNovo, Inc. BNVI

After making a 60% move for us, BNVI has consolidated back to lower levels than our initial alert. We are going to continue to monitor this pullback phase to cease, and enter search-and-destroy mode looking for a bottom to facilitate the next bounce.

We are exercising extreme caution with relation to BNVI following their announcement that they will voluntarily delist from NASDAQ, and continue to trade as an OTC stock. We don’t have an exact timetable yet, but rest assured, we will be monitoring the situation for any opportunities that may arise as a result.

Exit Only, Inc. EXTO

 The EXTO chart may not be familiar to some of our newer members, but we suggest that you change that fact. The gains that it has provided us in the past warrant your familiarity.

The stock has held support in the .0068 range for the past three trading sessions. In the weeks ahead, we are going to be on the lookout for a break of resistance in the .008 to .009 range in order to retest our previous highs at .0129.

Should that eventuality arise, we would be in line for another 85% gain.

Mustang Alliances, Inc. MSTG

This is a new play for us this morning. MSTG saw abnormally high volume yesterday on an 11% increase. Back on January 18th, it was as high as 1.25, and if the momentum can continue, and the stock returns to that recent high, that would be a 20% increase from current levels. We thought we’d add it to our watchlist, should that event occur.