DG, AZFL, GERN & Today’s Extended Watchlist

Dollar General Corp. DG

Yesterday, we pointed to Dollar General as an options trading candidate as we were anticipating their earnings being released today. The report, out this morning, exceeded the expectations of many, and alluded to a total sales increase of almost 11%.

Earnings Per Share increased by roughly 25% as well as the company reported its most favorable Q3 results ever. Folks interested should definitely tune into this morning’s conference call.

Despite having such positive financials, the company issued a cautious guidance along with the report, so we want to be wary moving forward. Another reason to listen in to the call and get the 411 on DG:

The Company will hold a conference call on Tuesday, December 11, 2012, at 9:00 a.m. CT/10:00 a.m. ET, hosted by Rick Dreiling, chairman and chief executive officer, and David Tehle, chief financial officer. If you wish to participate, please call (866) 710-0179 at least 10 minutes before the conference call is scheduled to begin. The pass code for the conference call is “Dollar General.” The call will also be broadcast live online at www.dollargeneral.com under “Investor Information, Conference Calls and Investor Events.” A replay of the conference call will be available through Wednesday, December 26, 2012, and will be accessible online or by calling (334) 323-7226. The pass code for the replay is 56954859.

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Amazonas Florestal Ltd AZFL

AZFL hit a new high on Monday, reaching .09, and marking a gain of roughly 100% since we first began talking about this play.

With a very interesting backstory, and a currently well-performing stock, AZFL is one that we will continue to watch on a more long-term basis, well into the New Year.

AZFL is engaged in environmentally-safe and sustainable forestry practices in Brazil. Through cyclical and selective harvesting, the company preserves the integrity of its portion of the amazon rainforest. In addition to purchasing the necessary carbon offset credits, Amazonas also has plans to use the low grade biomass (upper branches and other material unsuitable for timber) to fuel an on-site generator to further negate consumption, as well as for sale of the surplus to local power authorities.

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Geron Corp. GERN

Following our alert of GERN yesterday, the stock traded in a range from 1.17-1.43, making gains of up to 22% possible. We will be keeping this stock on our radars as the week continues.

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CirTran Corp. CIRC

Another nice gainer from our extended watchlist yesterday, CIRC saw a daily range of .0019-.0034 for a possible 80% intraday gain.

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Extended Watchlist:
SOMX, CRME, CLDX, 

TAO Minerals, Ltd. | TAON & Extended Watchlist

TAO Minerals Ltd. TAON

TAON maintained higher highs and higher lows on Friday, trading record volume. The stock hit a high of .0134, giving us the chance at a 49% gain, having jumped in after our bottom bounce alert early last week

Judging by Friday’s activity, and a close near the high of day at .0128, we are lead to believe that the momentum could carry into this week.

We witnessed a key break of the 20DMA at .0123, and we’ll need to see this level hold as a key area of support. The next crop of resistance shows itself at .0194 (50DMA).

On the chart-side, we can see that the Accum./Dist. has been on a sharp increase since late-November. The RSI has held support above the 50DMA, and seems to be setting up to punch through the 50-line. The blue bars on the histogram are flipping up to the bullish side, as the PPO is surpassing the 50DMA. We have a Slow STO that has recently crossed and is now trending up as well. All in all, there appears to be a ripe little chart in the making for TAON.

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Dollar General Corp. DG

Dollar General has earnings coming in tomorrow morning. For those like us that like to take part in options trading, we will be looking at the $47 December Calls on DG, and thought we’d pass that along today.

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Extended Watchlist:
ZERO, DEJ, GERN, HEMP, CBIS, GRNH, CIRC, AZFL

AZFL, GGSM, REVO, GALE & Extended Watchlist

Amazonas Florestal Ltd AZFL

When we first brought you AZFL on Nov.28th, the stock was trading as low as .047. Yesterday, it hit a high of .08 for a respectable 70% gain in a span of just eight days.

As we said in our previous report, AZFL is going to be a point of long-term focus for us, and we really like how it’s gone so far.

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Gold and GemStone Mining Inc. GGSM

As you can see on the chart we’ve included below, GGSM has been an absolute superstar stock for us this week, providing us with no less than three opportunities for profit over the past two days.First it went from .11-.13, gaining 23%, followed by a small 8% jump from .12-.13. It then pulled back to .105, before shooting back to .14, adding another possible 33%. In total, savvy traders could have banked up to 60% in gains.

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Revolutionary Concepts Inc. REVO

REVO appeared for the first time on our extended watchlist at midday on Wednesday. From a low of .0016, the stock showed us returns of 119% to yesterday’s high of .0035. We are going to want to keep this one on our radars through to next week.

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Galena Biopharma, Inc. GALE

We’ve been following this play since August in our extended watchlists. Last week, on the 29th, we focused on GALE. Being as low as 1.65 at the time, we enjoyed gains on the order of 32% when the stock hit 2.43 earlier this week.

We want to continue to keep an eye on this one as well, with as much success as GALE has brought us over just a short period of time.

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Extended Watchlist:
HEMP, CBIS, CLWR, ZNGA