STLK | STL Marketing Group, Inc. | Special Update

STL Marketing Group, Inc. STLK

We had to send out a heads-up on STLK, which has simply flown out of the gate this morning, nearly cracking the three-cent mark. In the first fifteen minutes alone, the stock has doubled its average daily volume. This is a play that we’ve been monitoring for weeks now, and our vigilance is finally paying off in a big way.

From the low since we initiated coverage (October 22nd) of .005, to this morning’s high of .0299 represents a whopping 498%  It would be a good time for us to consider locking in some profits now to strike while the iron is hot.

We will continue to keep you updated on STLK as it closes out the week like a beast of epic proportions!

GALE, EDWY & Extended Watchlist

 

Galena Biopharma, Inc. GALE

We were happy to see that GALE earned us a spot on Penny Stock Rumble’s Top Gainers List this week. From its low (Wed.) of 1.6525 to yesterday’s high of 2.10, we saw total possible gains of 27% The stock had news out, and closed strong on the day at 2.04 on around 3X the average volume.

The GALE Chart is exhibiting all the telltale signs of a momentum mover, and we’re glad we were watching closely enough to hitch a ride! As you can see below, the RSI is screaming toward the power zone, while the Slow STO and the PPO have just crossed and are swinging sharply to the North.

Yesterday’s News:

LAKE OSWEGO, Ore., Nov 29, 2012 (GlobeNewswire via COMTEX) — Galena Biopharma (Nasdaq:GALE), a biotechnology company focused on developing innovative, targeted oncology treatments addressing major unmet medical needs to advance cancer care, today announced two presentations at the 35th Annual CTRC-AACR San Antonio Breast Cancer Symposium. The event will be held December 4-8, 2012 at the Henry B. Gonzalez Convention Center in San Antonio, Texas.

____

eDoorways International Corp. EDWY

EDWY first appeared on our extended watchlist this week. The stock recently ran from a low of .005 to a high of a nickel (+810%) between Sept 18 and Nov 1st. Following that big run, the stock consolidated to find support off of a penny-and-a-half.

Yesterday we observed trades as low as .0153, and as high as .025, for total possible gains of over 60% on the day. We are looking at key levels of resistance at .026 (20DMA) and .031 (200DMA), and judging by the history of the stock, a push past those levels could really lead to a serious breakout.

Indicators on the chart all seem to be shaping up rather nicely. We notice that the Accum/Dist has been steadily rising, the RSI is just on the cusp of breaking the 50DMA, and the PPO is currently pinching, hinting at a bullish cross. The bars on the histogram are also about to flip up to the bullish side, and we had a recent cross on the Slow STO.

____

Extended Watchlist:
TLAB, UTSI, PPHM, MAXD, SRGE, HLNT,

 

APP, GALE & Extended Watchlist

American Apparel, Inc. APP

We’ve been following APP for the better part of a year now, during which time we’ve had several successful calls, and our timing in re-alerting it last Friday couldn’t have been any better. We discussed increased Q3 revenues, as well as the anticipation of heightened sales for the holiday shopping season.

We called for a crossover on both the MACD and the PPO, noticing that they were both pinching, and sure enough, both underwent crosses in the past few sessions. We were also looking for a break of the 200DMA and for the histogram to flip up to the bullish side, which also occurred this week. So it would seem things are right on track for APP in aligning with our expectations. Although it appears, in this case, that we have a crystal ball, we do not. We simply track tons of stocks on a daily basis, and when we find one that reacts well, we continuously monitor for buying opportunities, so that all may have a chance to profit!

We’ve also included a video presentation of the APP Chart:

____

Galena Biopharma, Inc. GALE

GALE, an addition to our extended watchlist yesterday, had an exceptional performance. Having traded as low as 1.6525, and hitting a 1.84 high, the stock afforded folks the chance at a fast 11.5% intraday gain.

GALE ran into major resistance at the 20DMA (1.84), and above that, we can see another obstacle at the 50DMA of 1.86. A break past these points is what we are looking for to unlock some larger gains.

Thus far, pre-market, it looks as if the stock could gap up upon the open, trading as high as 1.90 already this morning.

____

Extended Watchlist:
SVEN, SOFN, VSUT, CPSZ, PRPM, AZFL