VGTL, IRBL, EFFI & Today’s Extended Watchlist

VGTel, Inc. VGTL

VGTL was a nice addition to our watchlist yesterday, the stock was trading in a tight range between .60-.67 on over 11X it 3mo. average volume, with intraday gains of 8-12%. The stock is receiving a“Buy” Rating at BARCHART, and has made 50% in combined gains over the past two sessions. It will be interesting to see how this stock continues to perform over the next week.

Inrob Tech, Ltd IRBL

IRBL opened at .0069 on Thursday, before hitting a high of .0094, for an intraday gain of 36%. The stock then pulled back to find support at .0037, and close out the day .0039.

Yesterday’s consolidation was not surprising, after all, the stock has made huge moves in the past month, running from as low as .0003 to yesterday’s high, and registering more than 3000% in gains.

EffTec International, Inc. EFFI

EFFI has established a solid base in the .13 range, and has held that for the past seven trading sessions.

This stock is going to be kept on watch as long as the chart continues to shape up nicely, with a golden cross in the making as the 50dma approaches the 200dma. We’re camped out here, monitoring the activity moving forward.

Today’s Extended Watchlist:
AGCZ, CRPZ, VHGI

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

BIOF, PEIX & Today’s Extended Watchlist

BioFuel Energy Corp. BIOF

&

Pacific Ethanol, Inc. PEIX

Although these companies are not linked, because of sharing a common sector (alternative fuels), it appears as if they are subject to many of the same trends and outside influences.

BIOF was first added to our radar back in mid-November. We caught it in the middle of a run, and watched it break out from .80-1.25, making overnight gains of more than 50%

We added PEIX on the same day as BIOF, due to a similar surge in buying. The stock saw a subsequent run from 1.01-1.85 (83%)

Both of these stocks have seen a pickup in buying much like we saw in November, and with many analysts calling for gas prices to continue to rise to $4.00 and beyond, we want to keep a close watch over alternative energy plays.

BIOF News:
DENVER, Feb. 22, 2012 /PRNewswire/ — BIOFUEL ENERGY CORP. (NASDAQ: BIOFNews) announced today that it will be releasing its fourth quarter and year-end 2011 earnings on Thursday, March 1, 2012, after the market closes.

The Company plans to host a conference call on Friday, March 2, 2012, beginning at 11:00 a.m. (EST) to discuss the results.  To participate, please dial (800) 944-8766.  The participant code for the call is 84358.  This call will be available for phone playback for 30 days by dialing (866) 281-6782. The access code for the replay is 167702.

A look at the charts on these plays reveals almost identical situations, and more reason for mentioning these two plays in the same breath.

Charts:

PEIX Chart
BIOF Chart

Barchart Opinions:

PEIX: “Strong Buy”
BIOF: “Strong Buy”

America West Resources, Inc. AWSR

This is the latest promo stock that has been bouncing, on Friday running intraday from .50-.93 for an 86% gain. It has been the subject of a lot of chatter over the past week, so we are keeping our eyes peeled on this one.

Today’s Extended Watchlist:
AGCZ, BUCS, CRPZ, EXTO