Tag: FREE

IWEB, INO & Extended Watchlist

IceWEB, Inc. IWEB
We were exceedingly pleased with the performance of IWEB on our very first day of coverage, as it behaved just as we thought it might, given the conditions of the chart heading into the session.

The initial run out of the gate brought the stock from its opening price of .024, and ran 48% to .0355 before 11 o’clock. Following that, a couple opportunities to catch bounces off of the .028 mark presented themselves, from .028-.0335, and then again from .0282-.033. Along with the price action came some really impressive liquidity, trading roughly 9X its 3mo. average in the highest volume day since early this spring.

To finish off a solid day, IWEB added a solid close, coming in above the previous resistance sitting at .031.

Just a reminder for those who may have missed it, we conducted an exclusive interview with IWEB CEO Rob Howe via our sister site, StockTradersTalk, which contains a lot of good information about IWEB’s operations and plans moving forward. Check it out right here. You can also take a peek at the report we released yesterday which includes a copy of the PR released by the company, as well as several other details.

Our coverage of IWEB also earned us a spot at the top of the Penny Stock Rumble, an accolade we are always proud to receive!


Get More Info @ www.iceweb.com

Inovio Pharmaceuticals, Inc. INO
We added INO to our extended watchlist on June 14th, and at the time the stock was trading as low as .6425. The stock hit a high of 1.20 yesterday, marking a move of 87%

INO is gapping up premarket this morning, having last traded at 1.40. We are going to want to keep an eye on this stock today.

Extended Watchlist:
AAPT, PPHM, FREE, BBRY,

BMSN, NEWL, KNDI & Extended Watchlist

Bio-Matrix Scientific Group, Inc. BMSN
BMSN is an old-time favorite of ours, that we’ve most recently mentioned in both Friday and Monday‘s extended watchlists. On Friday, the stock was as low as .0032, which, at yesterday’s .0048 high, marked a two-session spike of 50% BMSN managed to get above the 200DMA, and broke above resistance at a recent swing high (05/06/13 @.0045). The next key resistance comes at .0062.

Side Note:
Also included in Friday’s report with BMSN was Entest Biomedical, Inc. (ENTB). The two companies are headed up by the same management team. After trading as low as .0019 yesterday, ENTB also made a run, closing at its high of .0026, a 37% move. We’ll be monitoring for a continuation of that momentum this morning.

NewLead Holdings Ltd. NEWL
Speaking of momentum plays, here’s one fresh off our morning scan: NEWL was rebounding off of a recent 52-week low and having a breakout session yesterday. The stock closed at its high of day, and even continued its ascent after-hours. We are going to want to watch this mover into today’s trading. Momentum like that often produces extended multi-day runs, and if that is the case here, we’ll want to take full advantage.

Kandi Technolgies Group, Inc. KNDI & Other EW Winners
We also wanted to give ourselves a hearty pat on the back for our timely inclusion of KNDI in yesterday’s Extended Watchlist. This NASDAQ-traded stock made quite an impressive daily run for a security in this its price-range, trading from a low of 7.20 up to 8.31, gaining 15% on the day.

Other gainers on the day from yesterday’s win-filled extended watchlist include OSH, IGLD, & RNN.

Extended Watchlist:
PSID, XIDE, FREE, STWG

TCPS, FNMA, FMCC & Extended Watchlists

TechnoConcepts, Inc. TCPS

We called for caution on TCPS in yesterday’s report, indicating our belief that a pullback was likely to soon be upon us. Fridays are often profit-taking days, and after six straight sessions of gains (420% in total at yesterday’s high, from original alert at .0025) it’s difficult for us not to chalk this up as a win and take our hefty profits.

While there is a chance the momentum could carry over to next week, at the very least, we’ll be looking to sell half of our position to lock in our initial investment, and ride the rest of the way on the house’s money.

Fannie Mae and Freddie Mac – FNMA & FMCC

FNMA and FMCC appeared in the extended watchlist both May 15th and May 16th, and since that time, have each made sizable increases:

FNMA – Low (05/16):1.20 – Yesterday’s High: 2.20 – Gained: 83%

FMCC – Low (05/15): 1.11 – Yesterday’s High: 2.05 – Gained: 85%

Both of these have been trading copious volume, so we want to be on the lookout for a continuation of the recent uptrends. In the event of a pullback, we feel there would be significant bounce opportunity.

Solar Sector Watchlist:
It looks as if the solar plays we mentioned on Tuesday are beginning to heat up. We are going to be paying attention to this group of stocks as we head into the long weekend:

ASTI, RSOL, CSIQ, HSOL, FSLR, SCTY, JKS, LDK

Extended Watchlist:
HALB, TNP, FREE, EGLE