Tag: WGAS

GIHI, EGCT & Extended Watchlist

 

Globalgroup Investment Holdings, Inc. GIHI

GIHI appeared for the first time on our extended watchlist yesterday. The stock traded as low as .0025, before running as high as .0039 in just the first hour of trading for substantial intraday gains to the tune of 56% . Not too shabby of a performance for its first day on our radars.

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Ecologic Transportation, Inc.  EGCT

We have been following EGCT since July 16th, at which time we saw it run from .30-.48 (+60%), then a slide back to .22, before seeing it surge to .44 (+100%). This week the stock offered up another consolidation, dipping to a low of .25 where it found support. Yesterday saw a close of .30, up 20% from this week’s low. All in all, that’s 180% in cumulative gains for EGCT in approximately six week’s time.

We will continue to keep this play on our watchlist. For those of you who caught EGCT’s interview with Stock Traders Talk Radio a couple of weeks back, you may want to check out the update added yesterday.

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WGAS, MFTH & PLFM

These were big volume momentum breakouts yesterday. Each of these stocks were up significantly, and we’re on the lookout for a possible continuation of that today.

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Extended Watchlist:
STEM, NOK, RENU, ADHC, UPZS, TSYS, 

SIRG, ECOB, EMWW & Today’s Extended Watchlist

Sierra Resource Group, Inc. SIRG

We mentioned SIRG back on April 19th at .0033, after which time the stock was trading as low as .0017. Yesterday we witnessed a high of .0135,  marking whopping gains from 300-694% in under a month’s time.

When the momentum tapers off, we have to expect a bit of a pullback; in our view, just another opportunity to play the bounce. In the past, when SIRG runs, as is the case with many astronomical gainers, there is a consolidation period that usually precedes further gains.

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Eco Building Products, Inc. ECOB

We are looking at ECOB this morning for a possible bottom-bounce momentum play. The chart is showing a hint of convergence on the MACD, with a cross in the works. We see a patch of major resistance at .10, which will be a huge hurdle for this play. We expect to see a pullback if the stock fails to breach the .10 mark, so we will want to remain vigilant.

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Structural Enhancement Technologies Corp. EMWW

EMWW has made some nice moves for us in the past, and we wanted to bring it back to your attention this morning on the heels of a new press release out yesterday. Find the link below.

Structural Enhancement Corp. Enters Into Letter of Intent to Acquire Challenger Brands Corp.

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Extended Watchlist:

ENTB, AGIJ, ICPA, WGAS, BMSN, HOKU, VPER, X