ATRN | Blue Horseshoe Stocks

BPAX, GRDO, ATRN, TRID, AACS – Stock Watchlist Recap

We wanted to send out an afternoon update to include all of the stocks that have been keeping our interest of late. Last year was one of our best ever, and it looks like 2012 is getting off to a similar start, with some excellent bottom-bounce plays that have provided us with ample gains.

BioSante Pharmaceuticals, Inc. BPAX

Our first BPAX alert came with perfect timing on December 16th, one trading day before it reached its bottom at .38. Yesterday, it reached a new high of .596, and is retesting it this afternoon. From, .38, .596 represents a 57% gain.

We still believe there to be significant gains to be made moving forward for BPAX, as the chart is just starting to fill a huge gap.

Guard Dog, Inc. GRDO

We are still amped up about GRDO, as it is holding solid support at .0005, and resistance at .0008 seems to be thinning.

The 50-Day moving average has started to take a sharp turn North, and it appears as if a Golden Cross could be in the making as it begins to converge with the 100DMA.

The chart is looking ripe with the MACD having just crossed, and currently the RSI is not looking overbought, with plenty of room to run into the power zone.

Atrinsic, Inc. ATRN

ATRN broke its previous resistance at .03, and tested a new high today of .033. When we first spotted ATRN, it made a 100% move only to dip to .0148, giving savvy investors a second chance to see triple digit gains in less than a week.

The way ATRN has traded warrants it a spot high on our watchlist.

Trident Microsystems, Inc. TRID

TRID was a new bounceplay added to our radar yesterday. Much like with BPAX and APP, the past few bounceplays, our timing here was impeccable.

Yesterday’s low of .075 to today’s high of .0939, marks a 20% gain, not too bad a turnaround for a 24-hour period. We always like to see stocks continue to make higher lows as has happened here, today’s low being .079. We’ll be watching for that trend to continue.

American Commerce Solutions, Inc. AACS

AACS was added to a lot of folks’ watchlists yesterday with a drastic increase in volume. We want to see a continuation of the momentum we are witnessing today.

AACS is off to a decent start, up over 15% on the day.

Our picks of the new year have already afforded us several hundred percent in gains, so be sure to stay with us moving forward as we continue to root out what we feel are some of the best opportunities to see rapid profits in 2012.

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.