Viper Networks, Inc. VPER
On Friday, we saw another hallmark performance from VPER. The stock broke through its 50DMA (.0034), touching .0045 before closing out the week at .0039. Since our first alert VPER traded as low as .0016; Friday’s close represents a gain of 144% (181% at the HOD).
We’ve been on this play since March 13th, and have only recently noticed some of the other newsletters hopping on our coattails.
We are looking at patches of resistance at .0056, .0065, and .0084.
DETROIT, May 29, 2012 (GlobeNewswire via COMTEX) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce that the Company has finalized agreement terms with Aequitas Energy, Inc. by contractually committing to acquire thirty percent (30%) of the energy reseller company based in New Haven, Connecticut.
Agreement terms call for Viper Networks to invest one million U.S. dollars. Total monies due Aequitas may be in two increments throughout the remainder of 2012, but are expected to be in two main $500,000 tranches within two specific time frames. >>FULL STORY
ATTENTION READERS: By now you’ve all realized that we have a habit of including what is called our “Extended Watchlist”, (or “E.W.” as we’ve come to call it around the office). It is a term we coined for the group of stocks that we are monitoring (whether passively or aggressively) on any given day. For those of you that have taken the time to notice, we have had many winners emerge from this daily pool of interesting plays. [Take for example, last week, our EW picks AAPT (79%) ACYD (32%), and ALGF (>80%)]. For those who haven’t, we’ve now provided you with a reason to read through our morning alerts in their entirety!
That said, take a look at today’s Extended Watchlist:
IDVC, VNDB, COIL, X (US Steel)