SNPK | Sunpeaks Ventures, Inc. | Running on Promo

We wanted to give people a heads up on a play that is being heavily promoted at the moment. SNPK is receiving substantial attention this afternoon as it hit inboxes courtesy of the same network of promoters responsible for a large part of the recent campaign on  NSRS.That stock’s percentage gains ran into the thousands.

We have our eyes on this one heading into week’s end, if nothing else it should make for an interesting Friday. Be sure to come back tomorrow and check out updates on this and our other picks. In the meantime, why not sign up for our newsletter to ensure that you don’t miss one step of the action?

VGTL, MELY, FROI, UNDR, IRBL | Today’s Stock Watchlist

VGTel, Inc. VGTL

&

Microelectronics Technology Co. MELY

These two plays both recently had news out, (VGTL News, MELY News) Over the past couple of days, we have seen an increase in volume on both of these stocks, as accumulation seems to have gotten underway in both cases.

As a result of the recent influx of activity, we will monitor VGTL and MELY on our watchlists, attempting to anticipate their next moves. On a side note, VGTL is also currently being promoted, just another reason to see how things play out with that one.

Fero Industries, Inc. FROI

FROI is beginning to exhibit signs of a recovery off its bottom, with a solid level of support at .008. The MACD is setting up nicely, and the RSI is above 50; right where we like to see it.

UnderSea Recovery Corporation UNDR

UNDR has been a great flipping stock since we added it to our radar.  Yesterday, it held above the 200-day moving average of .0018, precisely as like we had hoped. Moving forward we would like to see UNDR continue to hold above that 200dma.

Inrob Tech, Ltd IRBL

IRBL came up on a bunch of scanners yesterday trading much higher than average volume, as a result we are adding it to our radars. We always love a good sub-penny momentum play, and IRBL fits that category.

UNDR | Undersea Recovery Corp. Breaks 200-Day Moving Average

UnderSea Recovery Corporation UNDR

Yesterday we stated that we were looking for UNDR to break past resistance at .0017, and indeed it has done just that. The stock has now breached the level of its 200-day moving average (.0018), and trades are now going off at .002.From yesterday’s low of .0009, UNDR has gained 122% overnight!

Moving forward, we’d like to see the stock hold above the 200-day moving average, building a higher level of support.

With volume trading well above average, this is one liquid sub-penny. We sincerely hope we were not the only ones who were able to capitalize on these explosive gains.

UNDR, HPCS, EFFI & Today’s Extended Watchlist

UnderSea Recovery Corporation UNDR

UNDR ran into a key level of resistance at .0017. We thought we might see a break past that yesterday, but alas, as we all know, no one can be right every time.

Moving forward, we’d like to see support hold above .001.

HPC POS System, Corp. HPCS

This is a momentum alert that came up on our scans yesterday after seeing a huge volume increase. HPCS was bouncing off of a relative bottom for the better part of February, and yesterday, it bumped its head into resistance at .03.

The .03’s are going to be the key resistance point after which we think the stock could really make some headway.

EffTec International, Inc. EFFI

EFFI has been under consolidation over the past few sessions after making a huge gain this year. The stock moved from .011 in January, to a high of .182 (1720%) After the expected pullback, EFFI seems to have found solid support at .13

The EFFI chart continues to set up for a golden cross, one of our favorite bullish indicators, so we want to just camp out and wait for that to come to pass.

Today’s Extended Watchlist:

AGCZ BUCS CRPZ

UNDR – Undersea Recovery Corporation

UnderSea Recovery Corporation UNDR

UNDR was added to our pre-market radar this morning after Friday’s volume explosion raised more than a few eyebrows. We like to add stocks to our tickers when we see high volatility, and rapidly increasing volume.

It has been awhile since we’ve come across a triple-0 stock that we felt was worthy of adding to our watchlist.

After gapping up to .0009 from Friday’s .0007 close, UNDR made an intraday move to .0017. That represents an 89% gain from today’s open, and 142% from Friday’s close.

Currently UNDR has traded almost 4x its 10-day average volume, and looks like it wants to test new highs as we head into the close. We’re going to reserve a spot on our tickers for UNDR as this wave of activity continues.

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