FBC Holding, Inc. FBCD
FBCD hit a high of .0165 on Friday, reaching as high as 65% from .01. We called for a bounce off of that bottom earlier in the week, and indeed, it came to fruition.
Friday saw ten times the 3 mon. average volume traded, and as we know, PPS appreciation follows increased volume, thus we will be continuing to monitor this stock.
The last time FBCD made a significant run, it trended up for several days running, so it will be amusing to see how much weight is behind the current momentum.
We are pleased that our call of the bottom came in a timely fashion.
Action Products International, Inc. APII
APII was as low as .11 following our call on Thursday and closed out the week at .135; in our previous alert, the stock had run from the .20’s up to .33.
The chart is a technical traders dream, with the MACD having just crossed , and the RSI creeping into the powerzone.
NEW YORK, NY, Oct 07, 2011 (MARKETWIRE via COMTEX) — Action Products International, Inc. (PINKSHEETS: APII) announced today that Gary Polistena is the featured CEO on an upcoming interview on Stock Legends Radio.
The interview will be published on October 10th, 2011 at 10am EST, and can be heard at http://www.stocklegends.com under the Radio Show link.
This interview will discuss a brief history of Action Products International, Inc., Mr. Polistena’s background and experience, and plans for the company. It will include immediate plans, short and long term objectives, acquisitions, financials, and the outlook for the company over the next few months and years.
Coffee Holding Co., Inc. JVA
We made quite the magnificent call on Friday in the form of JVA. The stock opened at 8.35, and traversed a path all the way to 9.25 before settling in at 9.04.
We don’t often pay a lot of attention to big board stocks, but we were right to make an exception in this case. The chart is forming up nicely, with the RSI coming off of being oversold, and the MACD pinching toward a cross.
All in all, we definitely won’t let this one slip off of our radars, as it is still in prime position to move early on this week. We saw a gap up last week, and would not be at all shocked to see another significant gap up this morning.