Month: February 2012

ANTS, THQI, MSTG – Stock Watchlist

ANTs software inc. ANTS

ANTS exploded yesterday on high volume, as it seems we’ve once again caught a momentum play just in the nick of time. The stock hit a high of .0061, and closed at .0055, for a 67% gain on the day.

With the momentum that we saw yesterday, we wouldnt be surprised to see that carry into next week, so for the time being, ANTS’ spot on our watchlist is reserved.

THQ, Inc THQI

THQ is a bottom play that we wanted to add to our watchlist this morning. It isnt very often that this sort of bottom opportunity is presented by such a well-known company, but video game developer THQ is certainly a name that we have heard before.

Back in early December the stock took a downturn from 1.80 to the 1.40’s, before a large gap-down from 1.46 to 1.21. The stock has recently bounced off of its low of .63, so we’d like to see a continued recovery to 1.20, where we could see that gap filled back up to 1.40. We don’t see this stock staying under a buck for long.

Mustang Alliances, Inc.MSTG

MSTG has closed near its high of day for 3 of the past 4 days. Yesterday the stock closed just two cents shy of recent highs that we predicted would be reached again. We are now in a position of having to raise the bar, so to speak, after a recent MACD cross, a move past these levels could create a definite blue-sky situation. Thus far MSTG has afforded us the opportunity to make an 18% gain, but the biggest gains we believe are yet to come.

ANTS | ANTs Software, Inc. | Bottom Play

ANTs software inc. ANTS

ANTS is a bottom-play that is showing some serious signs of life. The stock is trading heavily off of its all-time low, as it seems accumulation is beginning to pick up. This is definitely a stock that we want to keep on our radar moving forward, perhaps even in a more long-term sense, for if it can regain even a fraction of its former value, good times will be had by all! See what we mean by taking a look at the chart:

The main area of resistance from this vantage seems to be .0075. A break past that point, and it should be smooth sailing all the way to Pennyland.

MSTG, CRPZ, FROI – Today’s Stock Watchlist

Mustang Alliances, Inc. MSTG

MSTG was as low as 1.04 after our first alert, and closed at its high of day yesterday(1.15) for an 11% gain. When we first added it to our radar on Tuesday as a momentum play, we mentioned that we would like to see it return to its recent highs of 1.25. We are half way there, and at this rate our goal looks attainable.

Convenience TV Inc. CRPZ

There is always an open invitation to our readers to send in their trading ideas which they believe have value. This morning, a tip of the cap to Mike, for calling our attention to CRPZ.

It appears as if CRPZ qualifies for bottom play status, trading very close to it 52-wk low of .0014, making now a good time to take a look, thanks again Mike.

Fero Industries, Inc. FROI

On Dec 23rd, we added this stock to our watchlist, at which time, it was trading at .0082. That same day it high a high of .013, for a 62% gain.

The stock closed at a penny on Wednesday, still holding 22% percent of its previous gains. There was a recent MACD cross, and this chart looks like it is shaping up nicely.