Month: January 2012

ATRN | Atrinsic, Inc. – Hot Stock Today

Atrinsic, Inc. ATRN

We have been monitoring ATRN as a possible bottom play for quite some time now, and on Thursday, the occurrence for which we were waiting came to pass.  The stock rose 65% following an 8-K filing that indicated a significant sale which led to more than $600,000 in proceeds.

We’ve already witnessed the stock making explosive gains, running from  .015 to over .05. We were looking for a support level at around .03, and it ended up materializing at .027, which pleases us greatly.

We are now looking for the previous .0548 to be broken, after which time we see nothing but blue skies.

SAPX, EXTO, PROT – Today’s Watchlist

Proteonomix, Inc. PROT

PROT hit a high of 4.00 on Tuesday, before receding back to 3.20. With all of the gains that the stock has been racking up, it is to be expected to see a bit of a course correction here or there. So, much like some of the other stocks on our watchlist, we are sitting in careful observer mode in order to eye the next possible entry point.

Exit Only, Inc.EXTO

As we’ve seen before, and stated in yesterday’s newsletter, there is going to be a bit of resistance in the .008-.009 range, but we are still counting on EXTO to break over a penny. In all honesty, we believe that EXTO could attain new highs in 2012 (previous high .0129)

Seven Arts Entertainment, Inc. SAPX

SAPX remains high on our watchlist this mid week, after it was confirmed on Tuesday that the company will be acquiring two as yet unreleased albums by multi-platinum recording artist, DMX.
LOS ANGELES, CA, Jan 24, 2012 (MARKETWIRE via COMTEX) — Seven Arts Entertainment Inc. (NASDAQ: SAPX) (“Seven Arts”) announced today that it has executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that “Undisputed,” the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group
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We are of course still monitoring all of the stocks that have appeared on our watchlists recently, which in addition to today’s featured stocks, include SVMI, VHGI, BNVI.

PROT, EXTO, SVMI, SAPX, VHGI, BNVI – Today’s Stock Watchlist

Every single one of our picks was in the green on Monday kicking off the week right, for combined gains of 79%!

Proteonomix, Inc. PROT

Having recently experienced a golden cross, PROT awoke like a sleeping giant to bring us gains on the order of 1000% in the past month. As if that wasn’t more than adequate, on Monday, the stock continued to trade like a beast, racking up further gains of nearly 40% In the past three days, PROT is up over 100%  With the strength heading into yesterday’s close, we wouldn’t be shocked to find that momentum continuing this morning with a gap-up, followed by an additional run.

Exit Only, Inc. EXTO

EXTO enjoyed its fourth consecutive day of appreciation on higher than average volume. Once we breach the .008-.009 range, it looks to be smooth sailing through to a penny. Anticipation for the name and symbol change is indeed building, and once that transpires, we could see a new wave of investors begin to accumulate the stock. We will keep you apprised.

SaVi Media Group, Inc. SVMI

The chart SVMI is shaping up quite nicely, and volume has been quite strong for the past two sessions. A move from .0083 to .009 put its modest gain for the day at just over 8% There seems to be some resistance at .009, but once broken through, there is room for more gains. As we proved with PROT, sometimes these things take more than just a few days to produce, and we are still fairly confident in the case of SVMI.

Seven Arts Entertainment, Inc. SAPX

We have seen three consecutive days of increases for SAPX. On Monday, the stock crept up 10% on greater-than-average volume. The high on Monday was .50, which, from the previous low following our call, (.271) made a possible gain of 85%

VHGI Holdings, Inc. VHGI

 VHGI is our energizer bunny stock, just going, and going.. The stock has produced gains for 4 out of the last 5 days, with seemingly no end in sight. It added 10% to its gains on Monday.

BioNovo, Inc. BNVI

This play is turning out exactly as anticipated, seeing two days of gains in a row. From Friday’s low at .1512  to yesterday’s peak at .218, the stock gained 44%