PNCH, FLPC & Extended Watchlist

IC Punch Media, Inc. PNCH

We are still looking at PNCH this morning. The stock closed strong at its high of day yesterday, marking the sixth consecutive trading sessions in which the stock has posted gains.

After first appearing on our radar on Tuesday at .006, yesterday’s high came in at .0081, an increase of 35% It is always a good bullish sign when a stock rallies into the close, and ends the session at its high of day, so we will certainly be keeping PNCH in our sights.

PUNCH TV is one of the fastest growing channels among viewers 18-54, according to a special report on Multicast Networks published on December 3, 2012, in the Broadcasting & Cable Magazine. PUNCH TV completed the 2012 year with 35 partner stations and reaching 55 million U.S. households, marking a 2500% growth rate in slightly over 1 year.

http://www.my.punchtv.net/

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First Liberty Power Corp. FLPC

We also wanted to send out a quick congratulation to anyone that caught this around lunchtime yesterday. After appearing on the midday report’s extended watchlist, FLPC, trading massive volume, went from .0069 to over a penny, gaining almost 50% in the second half of the day.

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Extended Watchlist:
HLNT, SAPX, BLDP, CSPT, RENU,

Thursday Midday Report: SKTO & Extended Watchlist

SK3 Group, Inc. SKTO

We wanted to send out a quick alert on SKTO this afternoon, as the stock came out of the gateĀ  We’ve been talking about SKTO since Tuesday, during which time the stock has traded as low as .0023. We are bringing it into focus again today as it is pushing new highs, with shares going for as much .0078, a 239% move from Wednesday’s low.

This large gain over such a short period solidifies our continuing notion to monitor the marijuana sector as a whole in 2013, as it has consistently produced winning picks for us over the past several months, beginning last year.

MIAMI, FL, Mar 13, 2013 (MARKETWIRE via COMTEX) — SK3 Group, Inc. (OTC Pink: SKTO) today announces that it has appointed licensing expert and former Executive of King World Productions, Kevin Allyn, as Chairman of the Board of Directors.

“Each of the members voted onto the Board brings experience, a unique perspective and direction,” said A. Mayor, CEO of SK3. “Kevin Allyn has broad experience as a senior executive and entrepreneur in entertainment, television, film, music, sports, licensing, and talent management. Kevin has also been an advisor to a variety of companies both private and multi-billion dollar public companies. Mr. Allyn was also one of the presidents of King World Productions, one of the most successful television companies in history. King World is the leading worldwide distributor of first-run programming, including the two highest-rated, first-run strips in syndication, WHEEL OF FORTUNE and JEOPARDY, as well as OPRAH, CSI, INSIDE EDITION, DR. PHIL, EVERYBODY LOVES RAYMOND, HOLLYWOOD SQUARES and THE LITTLE RASCALS. Mr. Allyn’s legendary list of contacts, his ability to innovate and his management expertise allow us to form a team that can scale effectively into this lucrative market.”

http://www.sk3groupinc.com
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Good “Calls” From This Morning
In our A.M. report, we stated that we “want to turn our attention to the 155.00 and 156.00 Weekly SPY Calls.” The 156.00 calls have seen a low of day of .38, and a high of .64 (last traded at .50, up 56%). The 155.00 Calls saw a 1.24 low, and a subsequent high of 1.60, having last traded at 1.40, up 32%

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Extended Watchlist:
LQMT, FLPC, SAPX, RENU, HLNT,

BFGC, LWSP & Extended Watchlist

Bullfrog Gold Corp. BFGC

BFGC is new to our reports this morning as a stock that caught our attention yesterday on one of our routine scans. The stock recently broke through its 200DMA, and chart conditions are looking ripe, so we wanted to make certain that we passed the ticker along to you.

Yesterday the company announced that it would start its third drill program at its Newsboy Gold Project located 45 miles NW of Phoenix, Arizona. The 30-hole drill program is scheduled for completion by early April 2013.

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Legacy Wine & Spirits International Ltd. LWSP

LWSP was a big winner for us yesterday, coming off of our extended watchlist with a really good session; the stock opened at .006, and closed at the HOD of .0099 on over 3.5x its 3mo. average volume.

A single-day gain of 65% from LWSP has definitely earned the stock a top spot on our watchlists for the remainder of the week. Closing at the HOD is often a bullish sign, so we would like to see the stock finish out the week posting higher highs and higher lows for it to continue its uptrend.

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Added Note:
AAPL and SPY are both gapping up and we will be looking at the calls today. We expect a pullback from some profit taking out of the gate, followed by a rebound.

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Extended Watchlist:
CCRY, INVA, KSWS, PSDV, MPET, RENU