Tag: BIOF

AAPL, PURE, RAD, DRWI & Extended Watchlist

Apple, Inc. AAPL
Apple fared quite well on Wednesday.  The $650 October 20th Calls we mentioned were as low as 7.70, and hit a high of 10.30, making 34% possible in just the first hour of trading.We will continue to monitor these calls heading into earnings, and we feel that there will be multiple opportunities to profit, just as we’ve seen over the past few days.
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Rite Aid Corp. RAD

Everyone should be familiar with a household name like Rite Aid. The stock has been on something of a downtrend for the past month, and seems to be ready to bounce off of oversold territory. A year ago this time, it was trading in the .90-range, and ran as high as 2.12 by mid-March. Now that RAD has returned to a support level, we want to put it on our watchlist, as a longer-term play to follow in the coming months.

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PURE Bioscience PURE

PURE has recently begun an uptrend off of its 52-wk low of .90, which it reached just under a month ago.  As you can see from the included chart, the stock had traded between the 2.00-4.00 range for the majority of this year. Now that we are starting to see a rebound on this stock, we have a positive outlook that the stock will recover and trend upward over the next couple of months.

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Dragonwave, Inc. DRWI

DRWI is another big board play that just hit it’s 2.05 52-wk low on October 1st. Over the past few months, the stock has struggled to get above its 50DMA, currently sitting at 2.33. Provided a break past the resistance at that  level, we could see a nice breakout. That is precisely the reason we are adding DRWI to the watchlist this morning.


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Extended Watchlist:
LNGT, PPHM, PROT, PEIX, BIOF

AAPL, RFMK, PEIX, BIOF & Extended Watchlist

Apple, Inc. AAPL
Apple continued its pullback yesterday and bounced off of 623.55 (just above the 100DMA of 619.39), hitting a high of 640.49.

As you can see from the chart, that 100DMA has come into play quite a few times over the past six months. Those traders savvy enough to catch the dip into the 620’s could have been looking at some nice intraday profits.Thus far premarket, it looks like we may be seeing a gap-up this morning. It seems we were quite accurate in yesterday’s report: “Apple has been undergoing a selloff, and we want to observe carefully for a turnaround…..earnings are due later this month, and with this stock, there is always that tendency to run into earnings reports….”

We are currently monitoring October 20th $650 Calls. Yesterday they were as low as 5.10 before hitting a high of 9.40, and closing out the day at 7.70. You can see why we like to follow these intraday, as Tuesday could have been unbelievably profitable.

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RFMK is another stock we’ve been watching for awhile that offered a opportunity on a dip to low of .0025, only to turn around and close strong at .0034 (HOD). The new support is at .0025, a level we need to ensure that the stock holds moving forward.

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Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

Both of these ethanol plays have shown us nice gains in the past, and these two tend to trend together, being in the same sector. We felt the time was right to reintroduce these two stocks, as it seems more gains like we’ve seen in the past could be in store presently.

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Extended Watchlist:
LGNT, BCAP, RSH, VRNG

ANTS, BVSN, RFMK, EGCT & Extended Watchlist

ANTs Software Inc. ANTS

Another week ends on a good note. We had some nice opportunities this week. ANTS made us a nice gain yesterday, after mentioning it on Wednesday. The stock came from a low of .0118, and yesterday saw a close one tick shy of the high of day at .024, giving us the chance to score 112% in gains in just over a day.

ANTS went through a bit of a quiet period after its announcements back in July, and in the month of September, we’ve already seen three PR’s, including two 8-K’s, which really gave us a boost in volume, with the stock trading over 10M shares on three consecutive days. That is significant dollar volume for a penny stock. That is why we will continue to keep an eye on it heading into next week.

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BroadVision, Inc. BVSN

We typically do not dabble in big board listed stocks, due to the rarity of the types of gains we see with the pennies, however that was not the case with BVSN this week. We jumped on this stock after it hit our scanner, and brought it to you just in the nick of time on Wednesday. At that time the stock traded as low as 8.50. Yesterday’s high just shy of 12.00, marked the opportunity for gains of more than 40%

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Rapid Fire Marketing, Inc. RFMK

RFMK appeared for the first time in yesterday’s newsletter, and it seems our first time mentions have been hot lately. Sometimes we let stocks sit on our radars until the most opportune moments, and this was the case with RFMK. The daily range was between .0021 and .0026, on over 2X the 3mo average in volume.

Seeing a 25% gain on day one of our coverage is always a treat. Looking at the technicals on the chart, this could be the start of a nice run for RFMK. The MACD is just starting to cross, and the RSI appears as if it wants to head into the powerzone. With the activity on the chart and the way the stock is presenting itself, we’ll have this stock on our watchlist for the short-to-medium term.

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Ecologic Transportation, Inc. EGCT

We’ve been pounding the tables for months now on EGCT, and we wouldn’t expect it to end anytime soon. From last Tuesday’s twenty cent low, to yesterday’s high of .40, marks another 100% in gains added to the already exceptional performance of EGCT. As we’ve previously mentioned, we are going to be watching this for awhile, for reasons outlined in our recently published special report regarding the pending acquisition of ACE Rent A Car.

In all, the stocks appearing on today’s report have cumulatively brought us 278% in gains over the past week or so, which is exactly the type of week we love to have. Be sure to stay with us as we try to make next week just as special.

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Extended Watchlist:
KNKT, CBIS, BIOF, PEIX, WAFR, HALO, PPHM, EOX (Bottom Bouncer)