BPAX, APP, ATRN, TRID, AACS – Stock Watchlist

Today we are sticking with our watchlist from yesterday consisting mostly of bottom plays, and like they say, ‘If it ain’t broke, don’t fix it’. These plays have all done their part in growing our profits in the past month. We work hard to find these opportunities, and as you can see below, that hard work often pays off.

A lot of the “top” newsletters in this business do not provide the same level of dedication to you that we strive for, only presenting you with paid picks, that often turn out to be huge disappointments. We don’t care what our relationship to a stock is, if we think it’s worthwhile, we bring it to you. Nine times out of ten, our only compensation is the satisfaction we get from providing a helpful service to our valued readers.

Atrinsic, Inc. ATRN

Called: Jan. 4th  Started to rebound from .015 and ran to a high of .03 that day. It dipped to find support at .0148 the following day, and yesterday hit .045. That’s 100% on the initial call, and 204% for the second run.

Range .0148-.045   Max Gain: 304%

Trident Microsystems, Inc. TRID

Range: .075-.1087   Max Gain: 45%

American Commerce Solutions, Inc. AACS

Yesterday we added AACS to our watchlist and mentioned how we are looking for continued momentum and we are sticking with that mindset. If the momentum can continue, so can the breakout/multi day run!!!

Range: .0015-.0021   Max Gain: 40%

American Apparel, Inc. APP

Range: .52-.89   Max Gain: 71%

BioSante Pharmaceuticals, Inc. BPAX

Range: .38-.596   Max Gain: 57%


BPAX, GRDO, ATRN, TRID, AACS – Stock Watchlist Recap

We wanted to send out an afternoon update to include all of the stocks that have been keeping our interest of late. Last year was one of our best ever, and it looks like 2012 is getting off to a similar start, with some excellent bottom-bounce plays that have provided us with ample gains. 

BioSante Pharmaceuticals, Inc. BPAX

Our first BPAX alert came with perfect timing on December 16th, one trading day before it reached its bottom at .38. Yesterday, it reached a new high of .596, and is retesting it this afternoon. From, .38, .596 represents a 57% gain.

We still believe there to be significant gains to be made moving forward for BPAX, as the chart is just starting to fill a huge gap.

Guard Dog, Inc. GRDO

We are still amped up about GRDO, as it is holding solid support at .0005, and resistance at .0008 seems to be thinning.

The 50-Day moving average has started to take a sharp turn North, and it appears as if a Golden Cross could be in the making as it begins to converge with the 100DMA.

The chart is looking ripe with the MACD having just crossed, and currently the RSI is not looking overbought, with plenty of room to run into the power zone.

Atrinsic, Inc. ATRN

ATRN broke its previous resistance at .03, and tested a new high today of .033. When we first spotted ATRN, it made a 100% move only to dip to .0148, giving savvy investors a second chance to see triple digit gains in less than a week.

The way ATRN has traded warrants it a spot high on our watchlist.

Trident Microsystems, Inc. TRID

TRID was a new bounceplay added to our radar yesterday. Much like with BPAX and APP, the past few bounceplays, our timing here was impeccable.

Yesterday’s low of .075 to today’s high of .0939, marks a 20% gain, not too bad a turnaround for a 24-hour period. We always like to see stocks continue to make higher lows as has happened here, today’s low being .079. We’ll be watching for that trend to continue.

American Commerce Solutions, Inc. AACS

AACS was added to a lot of folks’ watchlists yesterday with a drastic increase in volume. We want to see a continuation of the momentum we are witnessing today.

AACS is off to a decent start, up over 15% on the day.

Our picks of the new year have already afforded us several hundred percent in gains, so be sure to stay with us moving forward as we continue to root out what we feel are some of the best opportunities to see rapid profits in 2012. 

TRID, SRPX, POWT – Today’s Stocks

Scorpex, Inc. SRPX

SRPX has a nice chart setup, looking a lot like a bottom bounce play. As recently as November, the stock was trading above .80, and has just recently gotten down to its 52-week low of .35.

Have a look at this video chart, pointing out some of the features of the chart.

Also take a peek at the company’s last major PR for a look into how things could be getting better for this stock in 2012.

LAS VEGAS, Dec 21, 2011 (BUSINESS WIRE) — Scorpex, Inc. (Pink Sheets: SRPX) (the “Company”), an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, has signed a waste supply contract with AISA, a Mexican waste transportation company with headquarters located in Tijuana, Mexico. The agreement states that AISA must provide 300 tons of hazardous and toxic waste at an average price per ton of $1,200 USD. Gross revenues from this agreement could produce up to $360,000 USD gross revenue per day and $131,400,000 USD gross revenue per year from this contact with AISA alone.

www.scorpex.com

POWRtec International Corp POWT

On Friday, we mentioned that we were looking at a gap-up, followed by a pullback, and then another run on POW. Unfortunately there wasn’t enough time in the day to completely fulfill that prediction. The stock did pull back, so now we are looking for that final step in the right direction to take this one back up.

It seems like Friday’s close could be a relative bottom, so we are still in cautious observer mode.

Trident Microsystems, Inc. TRID

TRIS is yet another bottom play. This NASDAQ stock recently fell off of a cliff, which is usually enough to get our attention. The indicators on the chart are hinting at recovery. The RSI shows overselling, and with a huge gap on the chart that needs to be filled, we feel that this is an undervalued play worth keeping an eye on in weeks to come.

The last time we dipped our toes into a higher exchange, we called another bounce play in the form of APP. For those of you that don’t recall, the stock was at .52 when we alerted it, and hit a subsequent high of .88 (currently at .85) for gains of 60-70%  If TRID does even half as well we will be pleased