We first talked about APP all the way back on December 27th. Yesterday it popped back onto our radars as we observed APP hit a new 52-wk high.
Granted the season, and industry, APP should be experiencing better quarterly numbers in the months ahead. Between students returning to school, and the impending holiday retail boom, this apparel company is in position to rake in quite a bit of revenue. For that reason, we will be monitoring APP more closely in the immediate future.
We have also prepared a video chart outlining some key technical points for the stock.
____
Medisafe 1 Technologies Corp. MFTH &
Sigma Labs, Inc. SGLB
As we have stressed in the past, the symbols we place in our extended watchlist simply must not be overlooked. These two stocks did very well yesterday.
MFTH opened at the previous close and LOD of .004, then hitting a high of .0071 before closing at .0062 for possible intraday gains ranging from 55-78% Not bad for having just racked up over 100% in gains one day prior. Following our first mention of MFTH, the stock saw a low on the order of .003, and subsequently touched a high of .006 last week, and has been holding support in the low-to-mid .004’s.
SGLB opened at .016, and touched .03 before closing at .02. for gains ranging from 25-86%
EGCT has appeared in our extended watchlist a few times in the month of July, beginning on the 16th. At that time the stock was trading at a low of .30. By the 25th the stock touched .48, a 60% gain.
Today we are bringing the stock to you as a featured play as we believe it could about to get even more interesting. This one is flying under a lot of people’s radars, but we feel that it could deliver the kind of results that were afforded to us by IDOI.
As always we are the first ones to show up at the party. We have a sinking suspicion that this play could soon be receiving mainstream attention. Currently we view it as undervalued as it momentarily remains off the beaten path.
____
IDO Security, Inc. IDOI
We’ve been tracking IDOI like a pack of bloodhounds since we first became familiar with the stock in mid-February. In that time, we have had quite a few opportunities for profit, having run from .37 -.55 on our first big take, and having seen a low of .22 before surging as high as .74 in the meantime.
After last week’s panic sell-off due to false accusations levied against IDOI, yesterday, the stock closed above every recorded moving average, and punched past all resistance, indicating that the recovery is well underway. A break above the .46-.48 range would leave the next patch of resistance to show up in the mid-.50’s, as indicated in the video chart we’ve drawn up for you today.
As a stock that seems to respond well to good news, we are anxious to observe the performance of IDOI following yesterday’s post-market news.
Yesterday’s Press:
NEW YORK, NY, Aug 01, 2012 (MARKETWIRE via COMTEX) — IDO Security Inc. (OTCBB: IDOI), developer of the innovative MagShoe(TM) shoe scanning device (SSD), today announced that the Company has installed the MagShoe at the Penitenciarul Poarta Alba Prison in Bucharest Romania.
Following the Company’s participation in the Israeli delegation to the 2012 Black Sea Defense & Aerospace Exhibition in May 2012, and demonstrating the MagShoe at the ICPA Regional conference in Bucharest, June 14th and 15th http://www.icpa.ca/news/1478, IDO Security has begun a pilot program in the Constanc’a Prison.
____
Bebida Beverage Co. BBDA
We have been talking about BBDA for the better part of a month now; in that time, we’ve had a few occasions to profit.
The stock was as low as .0015 on July 13th. We’ve noted .003 as a key resistance point in the past, and we were watching for a break of that price point, which came yesterday. The next key resistance is the previous high of .0039. Past that level, it is blue sky, as referenced in the included video chart.
It seems some other groups are finally starting to catch up to the SUNB party, which is a good signal for us to start gathering our things and preparing for departure!
You have to get it where you fit in with these things, and we certainly did just that, so it is time for us to consider our exit, after enjoying a run from .165-.43 for gains topping 160%
Guard Dog, Inc. GRDO
GRDO on friday, closed with strong with some significant buying late in the day to finish up 22%.
We’ve got a new support level at .0008, and a key resistance point at .0012, and once the stock can break that point, its headed for blue skies…
The chart is looking nice as well:
We want to be around to see what happens after that occurs.
Convenience TV Inc CRPZ
We are still watching this reader pick that has done well for us recently, with the stock having gone as high as .007. We want to continue to monitor this one in the weeks ahead for added gains.
Exit Only, Inc. EXTO
EXTO has been trading in a tight channel from .006 to .007
We are monitoring for any substantial volume increases, which could cause another pop.
For those who remember, the stock was trading .0025 first mention this past July, and is still holding roughly half of the gains seen from hitting its high of .0129.
Our longtime followers will recall that EXTO made a 415% move after that first call.
American Apparel, Inc. APP
Here’s another past pick where the chart is setting up well; it looks like the MACD is ready to cross.
We called APP shortly after it hit its 52-wk low(.52), and enjoyed an unbelievable run to a dollar.
The stock is now trading around .71, so here we have yet another stock holding roughly 50% of its gains. So like EXTO, we will be watching APP closely because we know its potential.
TRID is the most recent bounceplay; as low as .075 last week at the time of our call. The stock managed a high of .1688, for a possible gain of 125% We like the way TRID is recovering off of its bottom, making higher highs and lows, so we are still very interested to see where this short week takes it.
BioSante Pharmaceuticals, Inc. BPAX
BPAX ran into resistance last week at .596, before dipping to find support in the .48-49 range. Following BPAX moving forward, we will want that support to hold in the high .40’s, and the resistance taken out.
American Apparel, Inc. APP
After seeing gains on the order of 92%, APP ran into a slight patch of resistance at a dollar last week, and having found support in the low .90’s, is holding the majority of its gains from .52.
Diversified Global Holdings Group, Inc. DGHG
DGHG made a nice recovery off of its bottom last week. We were looking to see the stock jump back over a dollar, which it did. We like the look of the chart, having just seen a cross of the MACD.
Atrinsic, Inc. ATRN
Following our alert on ATRN, we witnessed the stock explode 265%, jumping from .015 to .0548. The stock made a slight pullback, finding support at .0326. Just as long as ATRN can hold above three cents, we feel there is a high probability of seeing more bounceplay opportunities here.
VHGI Holdings, Inc. VHGI
Has had a stair-stepper of a chart since we began following it some time ago. The stock continues to reach new 52-wk highs, with virtually no resistance in sight.
Today we are sticking with our watchlist from yesterday consisting mostly of bottom plays, and like they say, ‘If it ain’t broke, don’t fix it’. These plays have all done their part in growing our profits in the past month. We work hard to find these opportunities, and as you can see below, that hard work often pays off.
A lot of the “top” newsletters in this business do not provide the same level of dedication to you that we strive for, only presenting you with paid picks, that often turn out to be huge disappointments. We don’t care what our relationship to a stock is, if we think it’s worthwhile, we bring it to you. Nine times out of ten, our only compensation is the satisfaction we get from providing a helpful service to our valued readers.
Atrinsic, Inc. ATRN
Called: Jan. 4th Started to rebound from .015 and ran to a high of .03 that day. It dipped to find support at .0148 the following day, and yesterday hit .045. That’s 100% on the initial call, and 204% for the second run.
Range .0148-.045 Max Gain: 304%
Trident Microsystems, Inc. TRID
Range: .075-.1087 Max Gain: 45%
American Commerce Solutions, Inc. AACS
Yesterday we added AACS to our watchlist and mentioned how we are looking for continued momentum and we are sticking with that mindset. If the momentum can continue, so can the breakout/multi day run!!!
