Afternoon Update on Plandai Biotech (PLPL)

Plandai Biotechnology, Inc. PLPL
We’re sending out an update on PLPL this afternoon following this morning’s report. After trading as low as .55, the stock made its way back to .67, registering a 22% intraday gain in the process, and is currently holding support above the 50DMA.
In addition to an opportunity for a tidy profit during early trading, PLPL provided the public with a new press release that you can check out below. It eludes to an intellectual property licensing agreement, under the terms of which the company should be able to increase the effectiveness of its botanical extracts by a significant margin.

SEATTLE, WA, September 3, 2013 – (ACCESSWIRE) – Plandai Biotechnology, Inc. (PLPL), a producer of highly bioavailable plant extracts for industries including health, wellness, nutriceutical, and pharmaceutical, today announced that it has signed an exclusive agreement with North-West University in Potchefstroom, South Africa, that holds the patents and associated intellectual property associated with the entrapment of compounds in long-chain fatty acids-based nano- and micro-particles, known as Pheroid(R). Under the terms of the world license, Plandai has the exclusive right to use the Pheroid(R) technology with all Phytofare polyene-based extracts, which includes proprietary extracts of most botanical matter, for human and animal use. >>> FULL PR

Some links for those who may have missed this morning’s newsletter:
PLPL Report
PLPL Video Chart

Extended Watchlist:

RENU & Extended Watchlist

Renuen Corp. RENU

RENU appeared on our extended watchlist back on March 14th. At the time, it was trading as low as .0021, and went on to hit .0045 on March 25th. After receding back to its support level at .0022, the stock ran again, this time to .0037. This week, we’ve seen an increase in volume as a result of recent positive news announcements, which bode well for the company. We want to continue to monitor RENU’s activity, as well as participate in tonights conference call, details of which can be found below.

The conditions on the chart are somewhat favorable, though we would like to see momentum and volume continue to pick up. We like the way the RSI is heading North, both the MACD and the Slow STO recently crossed over and are showing divergence at this time.

Included in the recent developments was the acquisition of Total Exteriors Corporation, a solar and renewable energy construction company.

In addition, CEO Don Wood will conduct a webinar tonight, May 2, 2013 at 7:00 p.m. EDT. The company will discuss current projects, acquisitions, growth strategy, and more.To participate, register at the following address: You will then be able to listen on your computer, or call: (470) 200-0305 Access Code: 857-011-329 Webinar ID: 407-072-665.

Extended Watchlist:

PNCH, SKTO, PLUG & Extended Watchlist


IC Punch Media, Inc. PNCH


SK3 Group, Inc. SKTO

We first began talking about PNCH and SKTO last Tuesday, and have seen really good performances out of each stock since that time.

PNCH hit a high of .0149 before closing at .0142, up 42% on the day on over 2X the 3mo. average volume, and bringing our total gains on the stock thus far to 148%. BARCHART.COM is still giving PNCH a 72% Overall Buy Rating.

SKTO hit a high of .03 yesterday, an astonishing 1204% rip from last Wednesday’s low of .0023. We certainly hope that many of our readers took notice of our coverage, and were able to play SKTO for much of those gains.


Plug Power, Inc. PLUG

Yesterday we re-alerted a past play in PLUG. We were rewarded with a powerful session from the stock, as it managed to close at its high of day ( .2687), for a 24% gain on the day. We are seeing that momentum carry it into a morning gap-up, having already traded above .30 pre-market.

The next key resistance will come at the 50DMA of .33, and should we see a break past that level, there is a chance we could see this one trade up to the forty cent-range. The RSI is inclining, but has not yet reached the power zone, so we have reason to believe that the stock is not yet overbought.


Side Notes:

Alot of newsletters struggle to bring you one green play in a day. We’re not sure where else you can go to find several winners a day. Yesterday, three out of four of our selections made significant gains. The fourth, had already seen multi-bag gains this week following a prior alert.

We also want to remind everyone to keep an eye peeled for a special report we will be sending out following today’s closing bell. We have a promising opportunity in the form of a stock that we feel could close out the week with a bang. You won’t want to miss this special report. 


Extended Watchlist: