TRID, SRPX, POWT – Today’s Stocks

Scorpex, Inc. SRPX

SRPX has a nice chart setup, looking a lot like a bottom bounce play. As recently as November, the stock was trading above .80, and has just recently gotten down to its 52-week low of .35.

Have a look at this video chart, pointing out some of the features of the chart.

Also take a peek at the company’s last major PR for a look into how things could be getting better for this stock in 2012.

LAS VEGAS, Dec 21, 2011 (BUSINESS WIRE) — Scorpex, Inc. (Pink Sheets: SRPX) (the “Company”), an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, has signed a waste supply contract with AISA, a Mexican waste transportation company with headquarters located in Tijuana, Mexico. The agreement states that AISA must provide 300 tons of hazardous and toxic waste at an average price per ton of $1,200 USD. Gross revenues from this agreement could produce up to $360,000 USD gross revenue per day and $131,400,000 USD gross revenue per year from this contact with AISA alone.

www.scorpex.com

POWRtec International Corp POWT

On Friday, we mentioned that we were looking at a gap-up, followed by a pullback, and then another run on POW. Unfortunately there wasn’t enough time in the day to completely fulfill that prediction. The stock did pull back, so now we are looking for that final step in the right direction to take this one back up.

It seems like Friday’s close could be a relative bottom, so we are still in cautious observer mode.

Trident Microsystems, Inc. TRID

TRIS is yet another bottom play. This NASDAQ stock recently fell off of a cliff, which is usually enough to get our attention. The indicators on the chart are hinting at recovery. The RSI shows overselling, and with a huge gap on the chart that needs to be filled, we feel that this is an undervalued play worth keeping an eye on in weeks to come.

The last time we dipped our toes into a higher exchange, we called another bounce play in the form of APP. For those of you that don’t recall, the stock was at .52 when we alerted it, and hit a subsequent high of .88 (currently at .85) for gains of 60-70%  If TRID does even half as well we will be pleased

GRDO, POWT – Today’s Stocks

POWRtec International Corp POWT

POWT is another momentum play for us this morning. We are looking for a morning gap up, followed by a pullback, and then most likely another run.

This stock is being heavily promoted right now (by the same group that did SPAH); we usually like to stick our noses into a play when it has a fairly large budget behind it.

http://www.powrtec.com

Guard Dog, Inc. GRDO

We still like the look of GRDO’s chart. The MACD cross that we were anticipating occurred. On Thursday, PPS came down as low as .0006 before pressing back to .0008, and making a 33% intraday gain.

We’ve mentioned before that .0009 is the key resistance point, and that still holds true now.

We’d like to see GRDO gain a full head of steam and get over that hump, it should very well see .001 and better. For now, we are just making sure the stock maintains support at .0005-.0006, which would be a slight increase from the previous support at .0004.

TBSS – TBSS International – Hot Stock Today

TBSS International TBSS

We’re adding TBSS to our radar this morning. The company has news out this morning, and has awakened off of a bottom, rattling off record volume with nearly a million shares trading hands in the first hour.

Check out this video chart outlining some TBSS highlights:

TAMPA, Fla., Jan. 5, 2012 /PRNewswire via COMTEX/ — TBSS International, Inc. (OTCQB: TBSS.OB) (“TBSS”), an international service company with service contracts in gold mining, oil drilling, water well drilling, trenching and construction and energy efficient lighting, announced today that the company has initiated production of neon lighting units to fulfill a $3.2 Million order backlog.

http://www.tbssinternational.com

ATRN, NSRS, EXTO – Today’s Stocks

Atrinsic, Inc. ATRN

ATRN traded over five times its 10-day average volume on Wednesday, and following our early-morning alert at .015, rocketed up 100% to close at its three cent high-of-day.

It looks like the stock is gapping up before the bell, and we are set to continue to ride this wave of momentum.

North Springs Resources Corp. NSRS

NSRS is another 100% gainer for us, having hit a high of .52 yesterday following our initial alert point at .25, which is good for 106% to be exact.

After seeing that huge gain, NSRS pulled back to .34, before closing out the day at .43 for an added intraday surge of 25%

We’d like to see the stock hold above .3865; a 50% retracement from the low of our alert to the high. Should we hold that support figure, we will remain bullish on NSRS

Exit Only, Inc. EXTO

EXTO, as we pointed out earlier in the week, likes to bounce around between .005-.008, providing many opportunities to turn it over for a quick profit.

Yesterday the stock hit .008, so we are keeping a close watch for another brief dip before it makes another run at its resistance point.

ATRN | Atrinsic, Inc. (Kazaa.com) – Bottom Bounceplay

 

Atrinsic, Inc. ATRN

ATRN is a bottom play we just discovered that could not wait another second to be put on our radar. ATRN is the proprietor of the Kazaa digital music service.

ATRN was in the $2.00+ range as recently as late October, and subsequently fell off of a cliff to below a penny following a voluntary delisting from the NASDAQ.

The stock is now finding legs in its new arena, as recent announcement of significantly increased 3rd quarter revenue has it waking up from rock bottom. We are very interested in how the storyline will play out from here, but most importantly, how we may be the beneficiaries!

With the Kazaa digital music service now being offered for the competitive price of $9.99/mo., ATRN could very well continue to see increased revenue.

www.kazaa.com

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