XTOG, SNRV, LQMT, PPHM & Extended Watchlist

Options Trading

Last Thursday, we mentioned that we were looking into the SPY 153.50 Calls as we saw the SPY gapping up. They traded as low as 1.04, and ended up closing at 1.45. Then on Friday, they opened over two dollars,  hit 2.09 in the first ten minutes of trading, and by later that afternoon had pulled back to 1.28. We then saw a subsequent run to a new high of 2.13. Savvy traders could have flipped the SPY 153.50 Calls twice in as many days, with gains totaling more than 150%

We are looking for a consolidation from the SPY in the beginning of this week, and plan to revisit it later in the week for a bounce.

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Xtreme Oil & Gas, Inc. XTOG &

Sun River Energy, Inc. SNRV

These two oil & gas plays hit our scanners recently. The energy sector is remarkably hot right now, and here are just a couple of related stocks that are maintaining our interest as we begin this new trading week.

After each made significant moves last week, we are going to be on the lookout for continued momentum and/or bounce plays moving forward.

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Liquidmetal Technologies, Inc. LQMT

This is another stock that we pulled off of our scanners this weekend. The action on Friday pushed the stock above its 20DMA. We are looking at the nine-cent 50DMA as the next key level of resistance, and if it can push past that, we feel it could go back to .105, a recent swing-high from a couple weeks back. We’d like to see support continue to hold in the .07-.08 range.

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Peregrine Pharmaceuticals, Inc. PPHM

PPHM is a big board stock that has done exceedingly well for us on several occasions, dating back to early last year when we first began tracking its movements.

During Friday’s session session, PPHM showed strength as it cracked through its 200DMA at 1.50, which is a bullish confirmation. We’d like to see that level hold as support. The next key resistance sits at the 50DMA of 1.78.

The MACD is kissing, and appears ready to converge for a cross, and the RSI is steadily strengthening, touching the 50-line as it makes its way up towards the power zone.


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Extended Watchlist:
VDSC, JALA, PMEA, TRLR, CEDC, CLSN 

BMSN, ENTB, BIOF, PEIX & Extended Watchlist

Bio-Matrix Scientific Group, Inc. BMSN

We continue our coverage of BMSN this Tuesday morning following six consecutive sessions of positive moves for the stock.  Last Monday, we focused on BMSN, having already seen upwards of 2400% in gains from the stock to that point. From Monday’s low of .0075, to the high Friday at .015, we added another 100% rip to our resume’ of gains since we’ve been tracking BMSN.

Currently on the chart, we have a very favorable set-up. The 50DMA is approaching the 200DMA, setting up for a Golden Cross, which is something we always like to see.

While the chart is beginning to appear top-heavy, we have yet to observe any of the signs of the stock being overbought. We continue to see higher lows and higher highs being maintained. However it is at this point that we’ll exercise extreme caution, because as many other stocks in this position have taught us in the past, a wave of profit-taking could cause a sell-off at any time. At that point, we’d like to see a penny hold as support for BMSN to continue to hold our interest.

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Entest BioMedical Inc. ENTB

We’ve been keeping ENTB in our extended watchlist consistently since January 15th. Shortly following that date we saw a low of .001. The stock has been gaining steadily since that time, and hit a high of .0077 on Friday. In exactly one month’s time, ENTB managed to increase 670% in value for us, and we couldn’t be more pleased.

It’s worthwhile to note that ENTB is under the same management as our previously mentioned winner, BMSN.

The chart is exhibiting similar pattern to BMSN as well, so we want to look out for the 50DMA to continue to curl up to the 200DMA toward a potential Golden Cross.

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Side Note:

BIOF and PEIX, are our two ethanol plays that have continued to bring us solid gains. Friday’s session was no exception. PEIX traded in a range from .393-.469, a gain of 19%, while the range on BIOF was 5.678-6.84, a 20.5% jump.

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Extended Watchlist:
PPHM, ODP, OMX, 

PSWS, ACGX & Extended Watchlist

PureSafe Water Systems, Inc. PSWS

PSWS earned us the top spot on Penny Stock Rumble yesterday, after appearing in our morning newsletter. We are pleased to report that we saw an enormous 369% move out of the stock from Monday’s low of .0049 to yesterday’s high of .023.

We saw resistance build up at the 200DMA of .0194  yesterday, a barrier we will have to breach to continue to see gains here. Should that occur, we would like to see that 200DMA hold as support. We have to remain vigilant at this stage of the game, and would urge extreme caution to those not yet in PSWS. This is a stock that has posted gains for nine straight days, so it stands to reason that a pullback could be in the cards for the near future.
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Alliance Creative Group, Inc. ACGX

We are no strangers to ACGX, and each time we’ve talked about this stock in the past, it has gone on to bring us some handsome profits. We’ve noticed this play getting attention from other newsletters, so we thought we’d re-mention it as well.

Last Thursday, ACGX announced that it had shipped 50,000 displays for Wellnx Life Sciences’ raspberry ketone and green coffee bean weight management products to the world’s largest retailer.

The chart is in the middle of a serious uptrend. As you can see below, the Accum/Dist has recently skyrocketed, and we have an RSI that is barreling into the power zone. The PPS recently broke through the moving averages, volume has recently begun to pick up, and the PPO and Slow STO are both diverging and heading north after both made bullish crosses in recent months.

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Extended Watchlist:
CLNP, PPHM, BWEN, SWHC, ECOB (Bottom Play – Coming Off 52-wk Lows),

Marijuana Stocks Blazing to New Highs in 2013

Marijuana Stocks Blazing to New Highs in 2013

On Monday, we encouraged everyone to check out one of our recent marijuana stock reports, where we highlighted no less than ten plays in the up-and-coming sector. We feel like a broken record at this point, having pounded the table on these stocks for a very long time, but we won’t quit parroting ourselves until we’re sure everyone understands: If you ever asked yourself “what is the next ‘big thing’?”, this is it. Marijuana stocks are the next big thing, and we’ve done our absolute best to show everyone we believe just that. It has become clear to most lawmakers that the advantages to ending marijuana prohibition, particularly from a fiscal standpoint, far outweigh any alleged drawbacks. The Marijuana Stock Index has risen over 900%% since October, and it’s no coincidence. Just take a look at this article explaining how the marijuana industry is gearing up for a “legislative windfall” regarding the legal status of the now mostly-illicit substance.

This week, MWIP has thus far traded in a range from .0585-.12 gaining 105% If you take into the account the low since we first mentioned MWIP (.0024), our total cumulative gains have reached a staggering 4900% as of yesterday’s high.

ERBB hit a high of .0163 yesterday, which represents move of 104% from this week’s previous low of .008.

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PureSafe Water Systems, Inc. PSWS

PSWS has been a successful new play on our watchlist, performing very well so far this week. It first appeared on our extended watchlist on Monday, when it was trading as low as .0049. Yesterday the stock closed at the high of day at .0075, a 53% gain from Monday’s low.

This morning’s PR:

PureSafe Water Systems, Inc. (OTCQB: PSWS) Announces The Signing Of An Exclusive Worldwide Sales And Marketing Agreement And An Engineering Package Agreement

PLAINVIEW, N.Y., Feb. 13, 2013 /PRNewswire via COMTEX/ — Leslie Kessler, CEO of PureSafe Water Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS), is pleased to announce the signing of strategic agreements with Global Equipment Marketing, Inc. (“GEM”) and Engineering Technologies Group, Inc. (“ETG”) of Hopkinton, MA.
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Peregrine Pharmaceuticals, Inc. PPHM

Those of you who have followed us for long enough, know that PPHM is an old-time favorite of ours. We’ve tracked this play for the better part of a year now, and in that span, we’ve seen it make some stellar gains.

PPHM first began appearing in our watchlist in mid-August 2012, as it ran from 2.30-3.09, after which time it pulled back to 1.76, before skyrocketing as high as 5.50.

More recently, we’ve been looking for PPHM to challenge 2.78, a recent swing high, that represents the current main area of resistance on the chart. The company released favorable test results for its pancreatic cancer treatment this morning, so be sure to check this stock out if you have not  already done so.

This morning’s PPHM headline reads:

Peregrine Pharmaceuticals Announces Results From Phase II Clinical Trial of Bavituximab in Stage IV Pancreatic Cancer

Top-Line Results Demonstrate Signs of Anti-Tumor Activity; a 28% tumor response rate as opposed to the control group which posted a rate of just 13% These statistically significant results have the stock trading up 20% pre-market, so today should get interesting for PPHM.
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Extended Watchlist:
ADCF, BMSN, GRPN, ZNGA, IGC,

HEMP, MJNA, CBIS, XCHC & Extended Watchlist

We’re continuing our medical marijuana coverage this morning, after the cannabis related stocks we mentioned on Friday each turned in a fine performance. We had a sizable influx of new subscribers over the weekend, so we’d like to take this opportunity to welcome all of our new friends and thank you for your support. You made a great choice when you signed up, and we will do our best to ensure that you are able to reap the rewards.
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Each of the following stocks appeared on Friday’s report, and subsequently had a good session on Friday, but our coverage of these plays began way back in the fall, and in that time, have been very impressed with the results. Just look at the gains we’ve made from these cannabis stocks:

Medical Marijuana, Inc. MJNA

MJNA has traded in a range from .071 to .35 since we began following the stock, giving us the chance to rake in over 390% in profits.
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Hemp, Inc. HEMP

HEMP took a mere four sessions following our original call to run from .027-.09 this fall, and more recently saw a low of .0222 (Jan. 7th) before hitting a high of .051 on Friday, for an opportunity at another 130%
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Cannabis Science, Inc. CBIS

In the time since we first talked about CBIS, we’ve observed a range of .04-.099 (+148%).  Last week, CBIS was as low as .048 before hitting a high of .0749 on Friday for an added 56% in gains.
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X-Change Corporation XCHC

XCHC is the newest among these to appear in our reports, and also had a killer week. It promptly gained 178% from .0521-.145 after we added it to our list of marijuana stocks last Monday.
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Other stocks we’ve recently covered in this rapidly expanding field which have also made tremendous gains for us include: GRNH, ERBB, MWIP & PHOT. We’ve definitely gone over many of the most popular hemp plays on the OTC Markets, however, we’ve managed to root out a couple new ones to add to the mix. Allow us to also submit LATF and TRTC for your consideration. That brings our tracking list up to 10 stocks in one of the hottest, most cutting-edge market sectors of our time. For those of you who are indeed new to our mailing lists, you showed up during one of the most exciting periods in our more than ten years reporting on hot penny stocks.  
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Extended Watchlist:
PPHM, KERX, RMTI, SONS, PEIX, BIOF, MOBI, ETRM

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