Ecologic Transportation, Inc. | EGCT & Extended Watchlist

Ecologic Transportation Inc. EGCT

We’d like to welcome all of our new subscribers today. Those of you who have been with us for awhile, know that we have covered EGCT consistently for a good long while now. We first added it to our radar back on July 16th, and have no plans to cease our coverage any time soon.

This stock has given us tons of opportunities along the way. When we first began covering EGCT, it was trading as low as .30, subsequently running as high as .48. Next it dipped to .22 before turning up and surging back to .46. Again the stock pulled back, this time to .21, before reversing once again and touching .40. This week, EGCT has maintained a higher level of support, not trading any lower than .35, which is now acting as the new support level. Below .35, we seem to have support sitting at .30, and .25 as well.

We have prepared a detailed annotated chart this morning to illustrate some of the key technical points of EGCT. Looking at the chart, you can see that the stock has traded in a tight channel, achieving higher highs and higher lows, and offering savvy traders the chance to take advantage of large percentage gains from the bounces it has seen. In the time of our coverage, there has been the opportunity to lock in over 260% in cumulative gains. We’ve identified the key levels of resistance to be .40 and .45, a move past which point could send us into blue sky breakout mode.

It has been quite the rollercoaster thus far, but we feel that the ride is a long way from over. In fact, it has yet to even truly begin. The impending acquisition of ACE Rent A Car is the main element in what we feel should be an exciting future for EGCT. Once the recently announced financing is secured for said acquisition, things should really get interesting.

If you didn’t catch the special report we put out on EGCT a couple of weeks back, we strongly encourage you to do so now:

EGCT Special Report

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Extended Watchlist:

RFMK, BBDA, BLVT, CEII, ASTX, CYTX, TPI, BYFC, WSGI (Potential Bottom),  

ANTS, BVSN, RFMK, EGCT & Extended Watchlist

ANTs Software Inc. ANTS

Another week ends on a good note. We had some nice opportunities this week. ANTS made us a nice gain yesterday, after mentioning it on Wednesday. The stock came from a low of .0118, and yesterday saw a close one tick shy of the high of day at .024, giving us the chance to score 112% in gains in just over a day.

ANTS went through a bit of a quiet period after its announcements back in July, and in the month of September, we’ve already seen three PR’s, including two 8-K’s, which really gave us a boost in volume, with the stock trading over 10M shares on three consecutive days. That is significant dollar volume for a penny stock. That is why we will continue to keep an eye on it heading into next week.

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BroadVision, Inc. BVSN

We typically do not dabble in big board listed stocks, due to the rarity of the types of gains we see with the pennies, however that was not the case with BVSN this week. We jumped on this stock after it hit our scanner, and brought it to you just in the nick of time on Wednesday. At that time the stock traded as low as 8.50. Yesterday’s high just shy of 12.00, marked the opportunity for gains of more than 40%

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Rapid Fire Marketing, Inc. RFMK

RFMK appeared for the first time in yesterday’s newsletter, and it seems our first time mentions have been hot lately. Sometimes we let stocks sit on our radars until the most opportune moments, and this was the case with RFMK. The daily range was between .0021 and .0026, on over 2X the 3mo average in volume.

Seeing a 25% gain on day one of our coverage is always a treat. Looking at the technicals on the chart, this could be the start of a nice run for RFMK. The MACD is just starting to cross, and the RSI appears as if it wants to head into the powerzone. With the activity on the chart and the way the stock is presenting itself, we’ll have this stock on our watchlist for the short-to-medium term.

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Ecologic Transportation, Inc. EGCT

We’ve been pounding the tables for months now on EGCT, and we wouldn’t expect it to end anytime soon. From last Tuesday’s twenty cent low, to yesterday’s high of .40, marks another 100% in gains added to the already exceptional performance of EGCT. As we’ve previously mentioned, we are going to be watching this for awhile, for reasons outlined in our recently published special report regarding the pending acquisition of ACE Rent A Car.

In all, the stocks appearing on today’s report have cumulatively brought us 278% in gains over the past week or so, which is exactly the type of week we love to have. Be sure to stay with us as we try to make next week just as special.

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Extended Watchlist:
KNKT, CBIS, BIOF, PEIX, WAFR, HALO, PPHM, EOX (Bottom Bouncer)

EGCT, BVSN & Extended Watchlist

Ecologic Transportation Inc. EGCT

Yesterday, EGCT managed a gain of 12.5% on 41,500 shares traded, and with zero sells on the bid. It looks like the selling pressure that took the stock down to .20 last week has dried up. From watching the level 2 yesterday we noticed that the support was forming at .34. This is the third successful bounce we’ve seen off of support, and if the stock can test recent highs at .46 and .48, we could be looking at gains on the order of 28-33% from yesterday’s close of .36. A break of those recent highs will send us into full-on blue sky breakout mode, where we could see a new 52-wk high.


(Snapshot taken at yesterday’s close)

If you didnt check out our article on EGCT that we sent out yesterday you might want to do so now. It provides a good look at the market of which EGCT is about to become a part.

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BroadVision, Inc. BVSN

BVSN had a stellar performance yesterday, opening at 8.66, dipping as low as 8.50, and hitting 11.75 before closing out the day at 10.68. This range gave us the opportunity to see between 26-38% in gains. It isn’t often that we cover stocks over 5.00, but we seem to have the timing down just as well as we do for any other play.

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Extended Watchlist:
RAD, ACAD, RFMK, CYTR, CIM, PRAN