TVIX, ENKG, GSPT – Hot Stocks Today

VelocityShares Daily 2x VIX Short Term ETN (NYSE:TVIX)

From our call on Tuesday, TVIX has made higher lows and higher highs each day, and even provided gains of almost 25% from its low around 52.00, up to nearly 65.00

Technical indicators still paint this fund as bullish, and we are still expecting to see it recover some of the ground it lost recently coming down from more than $100

It appears as if there is a nice level of support in the 50-52.00 range. If the fund dips down to that level again, we will go back into acquisition mode, as that is where we would likely see another bounce.

Godfather Media, Inc. ENKG

ENKG showed us surges of 90% or greater twice this week, on what turned out to be quite a rollercoaster ride. It appears that for the moment the company’s shift in focus has garnered it some extra attention, and increased price action.

This stock, in the triple-zero range just days ago, is now searching for support as it consolidates down to the .002-.003 level.

Golden Spirit Enterprises Ltd. GSPT

GSPT was a great call for us yesterday. The stock closed up 33%, though at one point was up as high as .008 for a possible gain of 45%

GSPT has been as high as .03 as recently as September, and as high as .075 back in June. A return to those levels would mean gains anywhere from 300-900% from here, and it does now seem like the stock is waking up off of a bottom.

Yesterday, we pointed out the similarities between GSPT and ENKG, chartwise. We feel that with the possibility for opportunity ahead, we will likely be covering these plays through next week.

ENKG, GSPT, CXLL – Hot Stocks of the Day

Godfather Media, Inc. ENKG

While ENKG was already running hard as we called it for a midday alert yesterday (The PPS was at .002) it still made a huge move in the afternoon, rocketing to .0075, for an unbelievable gain of 275%, before receding back to .0035, maintaining 75% of the gains we saw in just a few hours.

The stock traded close to 10X its 3mo. average volume, as everyone scrambled for a piece of the action.

We certainly weren’t exaggerating when we referred to ENKG as a momentum play.

Golden Spirit Enterprises Ltd. GSPT

GSPT has a chart that looks very similar to ENKG, showing all of our most reliable indicators pointing toward bullishness.

The stock was as high as .03 as recently as September; since that time it fell off of a cliff, and found its bottom around .0016, which leads up to the present, and the stock has begun its recovery. From its low of .003 to the high of .009 represents a 200% intraday gain.

Much like ENKG, the recovery of this stock is a good opportunity for us to acquire bargain-priced shares.

Chatter Box Call Center Ltd. CXLL

We saw a lot of newsletters covering CXLL last night, so we thought we’d send out a promo alert on the company. With a 4 million share float, increased activity could provide just the push needed to send this play for a ride.

HONG KONG, Oct. 18, 2011 /PRNewswire via COMTEX/ — Chatter Box Call Center (CXLL.OB) is pleased to announce today that it has launched new services — SEO (Search Engine Optimization), Affiliate Marketing and Social Networking. This endeavor provides specialized services for businesses that want to engage in information technology.

Chatter Box Call Center diversified into these markets to broaden their coverage in online business marketing. Chatter Box is a BPO (business process outsourcing) company.

RAYS, ENKG – Midday Mentions

Godfather Media, Inc. ENKG

ENKG sent up some serious alert flags this morning. The stock is coming off a recent bottom, and the recovery is providing one heck of an opportunity for momentum trading.

The company announced a shift in gears this morning. While the symbol remains the same, the company’s name and focus will now be changing.

Energy King, Inc. Changes Name to Godfather Media, Inc.

MISSION VIEJO, CA, Oct 18, 2011 (MARKETWIRE via COMTEX) — Energy King, Inc. (PINKSHEETS: ENKG) Board of Directors is pleased to announce that it has changed its name to Godfather Media, Inc. and the ticker symbol will not be changed at this time.

Energy King, Inc. CEO Michael Cummings stated, “The Company’s Board of Directors, as well as the Majority Shareholder believes that the Name Change is in the Company’s best interest and is intended to more accurately reflect the Company’s operations and interests. At present, the Company is no longer engaged in the HVAC business but in the mobile and social media industry. We also launched a new website at  www.godfathermedia.net which explains our focus in more detail.”

Raystream Inc. RAYS

Just a quick update on the current situation with RAYS. The stock touched a new high of 1.74, bringing our overall gains since alerting at 1.34 up to 30%, and it doesn’t seem as if the ride is over yet.

Another positive press release from Raystream could send the stock hurtling even further upward.

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