FROI, BPAX, NSRS – Today’s Stocks

BioSante Pharmaceuticals, Inc. BPAX

BPAX enjoyed another day of gains on Tuesday, once again our timing calling the bottom was spot on.

It appears as if the recovery process on this stock is still in the beginning stages, and some more nice gains could be in store, much like those we saw from APP.

North Springs Resources Corp. NSRS

NSRS is a momentum play this morning. We saw heavy volume flowing through the stock yesterday, in addition to seeing some very large newsletters covering this stock.

These are some of the same newsletters from which we got MILV before riding it from .05 to .125. If for no other reason, that is enough to get us paying attention for the time being.

Fero Industries, Inc FROI

FROI continues to make higher lows, as it found support at the .0094 level yesterday. The chart is still looking pretty bullish to our eye, so we need to keep this one near the top of our watchlist for the foreseeable future.

FROI, APP, BPAX – Today’s Stocks

Fero Industries, Inc FROI

FROI hit a low of .0082 on Friday, only to come back to close at .012, for  an intraday gain of 42%, and bringing our two day gain total to more than 70% on this hot nutraceutical stock.

Let’s also keep in mind that FROI has a lot going on with Sucanon, having just made arrangements to distribute the product throughout the Middle East. Sucanon is one of just three insulin sensitizing treatments for patients suffering from Type-2 Diabetes worldwide.

American Apparel, Inc. APP

APP pushed past the resistance at .75 prior to the holiday weekend, setting the table for an interesting start to this short week.

It appears as if the new level of resistance will come at the .80 mark, which marks a again of 54% from the level of our initial alert.

LOS ANGELES and LONDON, Dec. 27, 2011 /PRNewswire via COMTEX/ — American Apparel (Amex: APP), the vertically integrated clothing manufacturer based in downtown Los Angeles, has announced the opening of a new store in Westfield London. This new store opening is part of American Apparel’s recent expansion in the UK, which in addition to two Selfridges store-in-stores opened earlier this month brings the company’s total store base to 18.

BioSante Pharmaceuticals, Inc. BPAX

BPAX is beginning to come off of its bottom much like APP managed to do the week before last, and we feel that this play could take a similar path.

We saw a modest 7% gain on Friday, thus are hoping to see a carryover of that bit of momentum into this week.

BioSante Pharmaceuticals, Inc. | BPAX

BioSante Pharmaceuticals, Inc. BPAX

BPAX continues to look better with its second consecutive day of gains. The stock hit a high of .51, and has held a good portion of that gain heading into the close, on more than 3x the 3mo. average volume.

We’ve stated, even just this morning, that BPAX is going to provide folks with some good opportunities moving forward as it continues to recover from a monumental pullback these past few weeks. We’ve been proven right for the second day running.

Again, a reminder to be on a sharp lookout for our newsletter tomorrow, as it will include a brand new pick that has us really excited. 

It is a sub-penny play with one of only three herbal nutraceutical products approved anywhere for insulin sensitization. This company is operating in a multi-billion dollar sector, and appears to be poised for astronomical growth.  It recently has bounced off of its 52-week low, and is making higher lows since then. Tune in tomorrow for the symbol.