MIMV, GLRP, PPHM & Extended Watchlist

MIMVI, Inc. MIMV

We are introducing MIMV to those of you previously unfamiliar with the stock. We are calling this play a hi-octane momentum mover; the company had news with tech supergiant, Microsoft, out yesterday and the PPS went bananas. It rocketed to its highest price since March, on record volume of over 26X the 3mo. average.

We want to continue to watch MIMV for a continuation of the huge momentum it built up yesterday.

SUNNYVALE, Calif., Sept. 25, 2012 /PRNewswire via COMTEX/ — Mimvi, Inc. (OTCQB: MIMV) has announced that it has finalized a partnership agreement with Microsoft Corp. The partnership will see Mimvi develop a number of products and services to complement Microsoft’s Windows Azure and Windows Mobile 8 Platforms. The agreement also involves Microsoft making investments in Mimvi in the form of engineering services, software, and cash. More Info at:

http://www.mimvi.com

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Glen Rose Petroleum Corp. GLRP

It has been awhile since we brought an oil & gas play to the table, and GLRP came across our scanner, as we were alerted by heavy volume increase over the past couple of days.

In addition to big volume and price increases, there appears to be a number of Form-4’s filed over the past year indicating large insider buying at premium prices well above current market value.This is definitely something to take notice of, and we will be adding GLRP to our watchlist moving forward.

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Peregrine Pharmaceuticals, Inc. PPHM

PPHM has been a beast for us, making a dead-cat bounce from .80 on Monday, and reached 1.87 yesterday. We want to watch closely as it continues its attempt to recover lost ground. It has been trading record volume over the past two sessions.

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Extended Watchlist:
EGCT, ICNB, RSH, SCMP,

PPHM, Bottom-Play List & Extended Watchlist

Peregrine Pharmaceuticals, Inc. PPHM

PPHM has been one heck of a play in the month and a half that we’ve been following its activity. We saw yesterday’s large gap-down as an opportunity to play a possible bounce, and indeed we were correct. The stock traded as low as .73 pre-market, with trades going off at .80 at the open. The stock then bounced back to 1.57, awarding those savvy enough to play the bounce a quick gain that nearly reached triple digits. PPHM’s ability to pad our pockets is why we want to continue to monitor the stock moving forward.

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Possible Bottom Plays

Today we thought we’d scan for stocks that are at or near their 52-wk lows, in an effort to root out some nice bottom play opportunities.

Quantum International Corp QUAN

Steele Resources Corp. SELR

Smart-Tek Solutions, Inc. STTN

Source Gold Corp. SRGL

HPC POS System, Corp. HPCS

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Extended Watchlist:
AEZS, ATRS, DARA, BRIZF (TSX: BRI), EGCT,

ANTS, PPHM, MDHI & Extended Watchlist

ANTs Software Inc. ANTS

Once again, ANTS earned us a spot on Penny Stock Rumble on Friday. The stock hit a high of .034 before closing at .03. We had mentioned that we wanted to keep an eye on ANTS heading into this week as a result of the heavy momentum we observed, and currently we are up over 150% from Wednesday’s low. At this stage of the game, we are considering taking half off of the table, and playing the rest of the way with the house’s money. It is always vital to protect your profits, should the stock take a turn for the worse.

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Peregrine Pharmaceuticals, Inc. PPHM

Speaking of stocks heading in the wrong direction, PPHM is experiencing a huge gap-down today as a result of a disconcerting press release.

We first mentioned PPHM on August 14th, after which time it saw a low of 2.37 before hitting a high of 3.05. for a three-day, 29% gain. By the 27th it had pulled back to 1.27, and then on Friday hit its high of 5.50, and at that point marked a gain of 213%  That would have been the time to lock in profits, as we just stated; you really never know when some poor news can begin to damage a stock’s performance.

This drastic pullback this morning, should offer a bounce opportunity, which is why we want to continue to monitor it despite the current situation.

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Medical Alarm Concepts Holding, Inc. MDHI

MDHI hit a new high of .0065 last week, a gain of over 100% since we first began covering the stock back on August 6th when it was trading as low as .003.

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Extended Watchlist:
HEB, BLRX, LPH, BVSN, EGCT, DHRM, HLNT, SRGE, P

ANTS, BVSN, RFMK, EGCT & Extended Watchlist

ANTs Software Inc. ANTS

Another week ends on a good note. We had some nice opportunities this week. ANTS made us a nice gain yesterday, after mentioning it on Wednesday. The stock came from a low of .0118, and yesterday saw a close one tick shy of the high of day at .024, giving us the chance to score 112% in gains in just over a day.

ANTS went through a bit of a quiet period after its announcements back in July, and in the month of September, we’ve already seen three PR’s, including two 8-K’s, which really gave us a boost in volume, with the stock trading over 10M shares on three consecutive days. That is significant dollar volume for a penny stock. That is why we will continue to keep an eye on it heading into next week.

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BroadVision, Inc. BVSN

We typically do not dabble in big board listed stocks, due to the rarity of the types of gains we see with the pennies, however that was not the case with BVSN this week. We jumped on this stock after it hit our scanner, and brought it to you just in the nick of time on Wednesday. At that time the stock traded as low as 8.50. Yesterday’s high just shy of 12.00, marked the opportunity for gains of more than 40%

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Rapid Fire Marketing, Inc. RFMK

RFMK appeared for the first time in yesterday’s newsletter, and it seems our first time mentions have been hot lately. Sometimes we let stocks sit on our radars until the most opportune moments, and this was the case with RFMK. The daily range was between .0021 and .0026, on over 2X the 3mo average in volume.

Seeing a 25% gain on day one of our coverage is always a treat. Looking at the technicals on the chart, this could be the start of a nice run for RFMK. The MACD is just starting to cross, and the RSI appears as if it wants to head into the powerzone. With the activity on the chart and the way the stock is presenting itself, we’ll have this stock on our watchlist for the short-to-medium term.

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Ecologic Transportation, Inc. EGCT

We’ve been pounding the tables for months now on EGCT, and we wouldn’t expect it to end anytime soon. From last Tuesday’s twenty cent low, to yesterday’s high of .40, marks another 100% in gains added to the already exceptional performance of EGCT. As we’ve previously mentioned, we are going to be watching this for awhile, for reasons outlined in our recently published special report regarding the pending acquisition of ACE Rent A Car.

In all, the stocks appearing on today’s report have cumulatively brought us 278% in gains over the past week or so, which is exactly the type of week we love to have. Be sure to stay with us as we try to make next week just as special.

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Extended Watchlist:
KNKT, CBIS, BIOF, PEIX, WAFR, HALO, PPHM, EOX (Bottom Bouncer)

EGCT, BVSN & Extended Watchlist

Ecologic Transportation Inc. EGCT

Yesterday, EGCT managed a gain of 12.5% on 41,500 shares traded, and with zero sells on the bid. It looks like the selling pressure that took the stock down to .20 last week has dried up. From watching the level 2 yesterday we noticed that the support was forming at .34. This is the third successful bounce we’ve seen off of support, and if the stock can test recent highs at .46 and .48, we could be looking at gains on the order of 28-33% from yesterday’s close of .36. A break of those recent highs will send us into full-on blue sky breakout mode, where we could see a new 52-wk high.


(Snapshot taken at yesterday’s close)

If you didnt check out our article on EGCT that we sent out yesterday you might want to do so now. It provides a good look at the market of which EGCT is about to become a part.

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BroadVision, Inc. BVSN

BVSN had a stellar performance yesterday, opening at 8.66, dipping as low as 8.50, and hitting 11.75 before closing out the day at 10.68. This range gave us the opportunity to see between 26-38% in gains. It isn’t often that we cover stocks over 5.00, but we seem to have the timing down just as well as we do for any other play.

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Extended Watchlist:
RAD, ACAD, RFMK, CYTR, CIM, PRAN

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