CERP, SFOR, SCXN & Extended Watchlist

Cereplast, Inc. CERP

Yesterday morning we made sure to give everyone a heads up on the momentum and volume flowing through CERP, and we sincerely hope people were paying attention. The stock had one heck of a trading session, gapping up to at the open, touched a low of .0451 (just above the level we wanted to see hold as support) before trending up steadily to close one tick below the six-cent high of day at .0599. That represents a nifty intraday move of 33%

We’ve also pointed out a few key features on the chart below:

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Strikeforce Technologies, Inc. SFOR

SFOR was included in yesterday’s extended watchlist, and went on to turn in a great performance. Like CERP, SFOR gapped up in the morning to .003, and closed at its high of day .005 for a 67% rip. It broke a key resistance level at .0048. The next hurdle is at .0054 (100DMA), followed by .0059 and .0063, recent swing highs from last year.

Should the stock fail to make it past those areas of resistance, we will expect a pullback, however, the volume this week has totaled nearly 50M shares, which indicates that there is a chance for us to see the current momentum spill over into next week.

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Scout Exploration, Inc. SCXN

We’ve had this play on our long-term watchlist; we’ve done a profile, and a video chart in recent months. If you read the profile and watch the previous video, the stock has done everything we wanted it to do. It held support and has reached a new high, and as long as it continues to make higher highs and higher lows, we will remain bullish on SCXN.

We’ve also prepared an updated video chart which you can view by clicking below:


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Extended Watchlist:
PMCM, SNDY, TTNC, ABIO, OXGN, SUTR

PEIX, BIOF, EGCT & Extended Watchlist

Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

Our mention of PEIX yesterday got us a spot on the Penny Stock Rumble top gainers list. The stock hit a high of .695 before closing at .6896. From the low of .4513 on Friday following our morning alert, that makes total possible gains of 55%

We mentioned BIOF along with PEIX, as both ethanol plays have a tendency to follow the same trends. BIOF hit a high of 10.75 yesterday, before closing out at 10.21. Being as low as 7.55 on Friday, yesterday’s high marks a 43% gain.

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Ecologic Transportation, Inc. EGCT

EGCT had another day of higher highs and higher lows on Monday, touching .37 and closing out at .34. This adds to the continuing uptrend we’ve recently observed in the stock.  A proper timing of last week’s .20 low, would have put you in a position to make up to 85% percent in profits at the top of yesterday’s trading range.

This is the third run of substantial gains we’ve seen out of EGCT since we first mentioned it. At the time we called EGCT a long term play with short term potential, and it has lived up to our expectations completely. We expect the future to continue to bring similar fortune.

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ADDED NOTE: We’ve been stressing attention to Apple Calls in recent editions of our newsletter, and for good cause. Leading into this week we were looking at the $680 Calls and they are performing nicely, however, if Apple continues to trend upward, we may be turning our attention to Calls that aren’t so deep in the money, perhaps the $700 and $705 Calls.

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Extended Watchlist:
THC, BPAX, OXGN, DARA, PPHM,