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.


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.


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.

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.

Extended Watchlist: