TRID, BPAX, APP, DGHG, ATRN, VHGI – Stock Watchlist

Trident Microsystems, Inc. TRID

TRID is the most recent bounceplay; as low as .075 last week at the time of our call. The stock managed a high of .1688, for a possible gain of 125%  We like the way TRID is recovering off of its bottom, making higher highs and lows, so we are still very interested to see where this short week takes it.

BioSante Pharmaceuticals, Inc. BPAX

BPAX ran into resistance last week at .596, before dipping to find support in the .48-49 range. Following BPAX moving forward, we will want that support to hold in the high .40’s, and the resistance taken out.

American Apparel, Inc. APP

After seeing gains on the order of 92%, APP ran into a slight patch of resistance at a dollar last week, and having found support in the low .90’s, is holding the majority of its gains from .52.

Diversified Global Holdings Group, Inc. DGHG

DGHG made a nice recovery off of its bottom last week. We were looking to see the stock jump back over a dollar, which it did. We like the look of the chart, having just seen a cross of the MACD.

Atrinsic, Inc. ATRN

Following our alert on ATRN, we witnessed the stock explode 265%, jumping from .015 to .0548.  The stock made a slight pullback, finding support at .0326. Just as long as ATRN can hold above three cents, we feel there is a high probability of seeing more bounceplay opportunities here.

VHGI Holdings, Inc. VHGI

Has had a stair-stepper of a chart since we began following it some time ago. The stock continues to reach new 52-wk highs, with virtually no resistance in sight.