VPER, GMXS, ATRN, & Today’s Extended Watchlist

Viper Networks, Inc. VPER

VPER made higher highs and higher lows on Monday, signifiying to us that the stock may be ready to rise off of its recently realized bottom and begin the next bullish trend.

Keep this play on your radars. As the past has shown us, VPER is capable of some nice bounce action.

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Gemini Explorations, Inc. GMXS

GMXS experienced a pullback on Monday, and as we have in the past, we are observing the stock for its next bounce opportunity.

A previous resistance level for GMXS has been .05, and we’ve seen it hold as a level of support, facilitating runs to the 52-wk high of .10, an event we will be watching for once again.
PR from Monday:

FORT LAUDERDALE, FLORIDA, May 21, 2012 (MARKETWIRE via COMTEX) — Gemini Explorations, Inc. (‘Gemini’) (PINKSHEETS: GMXS) is pleased to announce that it has formed a wholly owned Colombian subsidiary company named Minera Gemini SA (‘MGS’). Registered and based in Medellin, MGS will hold all of Gemini’s Colombian mining concessions and interests. MGS will also streamline and facilitate future mineral property acquisitions as well as mining, permitting and banking procedures in Colombia.

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Atrinsic, Inc. ATRN

Since we added ATRN back to our Extended Watchlist last Friday, the stock has been dipping and dodging, and providing sharp-witted traders with opportunities for quick profits. The stock has two nice runs runs; first from .0955-.11, and after pulling back significantly to .0315, had another surge to .059. We are watching closely, as ATRN’s volatility could allow for even further gains coming up.

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Attractive Option Idea: ADSK ($33 July 21st Calls)

On Friday, traded as low as .78, closed yesterday over 1.50. We’re keeping an eye on this option, expecting to experience high-volatility until the expiration date, having seen nearly a 100% swing just two sessions.

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Extended Watchlist:
EMWW, MSLP, KMAG, ICPA

Viper Networks, Inc. | VPER & Today’s Extended Watchlist

Viper Networks, Inc. VPER

VPER made a nice swing on Friday, having traded as low as .0017, and closing at the HOD of .0025. An intraday gain of 47% was made possible by the stock.

VPER recently ran from .0016-.0031 (05/04), and preceding that was a run from .0024-.0037. We want to treat these highs at .0031 & .0037 as key resistance points that we will be looking to break.

Should we break past those points, resistance is negligible until we hit .005. We could be looking at gains of 25-100+% provided the stock can continue its momentum, and retest previous highs.

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Extended Watchlist:

ADSK(Bottom),ATRN, EMWW, GMXS, FB, F

FB (Facebook), GMXS, EMWW & Today’s Extended Watchlist

Facebook, Inc. FB

Here’s our take on FB. As a service used by a sizable portion of the free world, and all of the excitement being kicked up by today’s IPO, it would seem reasonable to expect the stock to trade like a beast out of the starting gate, BUT (and here is our word of caution)- We will not be getting married to FB stock in its early trading days, as we feel that once the initial hysteria dies down, FB will be subject to a large consolidation.

For the short-term, we feel that taking quick profits, and adopting a cautious attitude will prevail. As far as the long-term is concerned, it seems unlikely that Facebook will hold its initial gains.(which could figure to be pretty substantial). So what we are looking at here, is a bit of a double-edged sword, but leaving out all emotion and trading smartly could make a play at this new stock worth our while.

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Gemini Explorations, Inc. GMXS

GMXS had another nice performance yesterday on the heels of a post-market announcement made by the company Wednesday.

We saw gains on the order of 47% on its second highest volume day ever, trading 369,000 shares, just 20K shy of the all-time high.

The stock closed with strength Thursday, finishing at it’s high-of-day, and having broken through the 50MA. The next key levels of resistance will be the 20MA (.08), and the 52-wk high of .10, however beyond that, we’re in blue-sky breakout mode, and traveling into uncharted waters.

From yesterday’s close at .078, to the previous ten cent high, would represent a gain of 28%; nothing at which to bat an eye.

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Structural Enhancement Technologies EMWW

Winners, winners, everywhere! EMWW saw another green session Thursday, also having closed at it’s HOD (.0098), up 30% on the day.

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Extended Watchlist:
ATRN, MHYS, VPER