ICPA traded as low as .033 on Monday, only to hit .056 yesterday, for a 70% intraweek gain.
Our first alert of ICPA in 2012 came on January 19th. The stock hit its .0008 52-wk low the following day.
This weeks 70% gainer sure was nice, however, someone fortunate enough to wait patiently from its ultimate low to this weeks high wouild have seen gains on the order of 6900%
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Bio-Matrix Scientific Group, Inc. BMSN
BMSN held nearly all of yesterday’s gains, closing at .0104, gaining 89%, and earning us the number one slot from our friends over at Penny Stock Rumble.
From the looks of the chart, all indicators suggest this wild runner is not yet ready to be saddled.
We mentioned SIRG back on April 19th at .0033, after which time the stock was trading as low as .0017. Yesterday we witnessed a high of .0135, marking whopping gains from 300-694% in under a month’s time.
When the momentum tapers off, we have to expect a bit of a pullback; in our view, just another opportunity to play the bounce. In the past, when SIRG runs, as is the case with many astronomical gainers, there is a consolidation period that usually precedes further gains.
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Eco Building Products, Inc. ECOB
We are looking at ECOB this morning for a possible bottom-bounce momentum play. The chart is showing a hint of convergence on the MACD, with a cross in the works. We see a patch of major resistance at .10, which will be a huge hurdle for this play. We expect to see a pullback if the stock fails to breach the .10 mark, so we will want to remain vigilant.
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Structural Enhancement Technologies Corp. EMWW
EMWW has made some nice moves for us in the past, and we wanted to bring it back to your attention this morning on the heels of a new press release out yesterday. Find the link below.
LQMT appeared on our watchlist on May 25th. On the very next session following our alert, the stock was trading as low as .235. Yesterday, we saw a high of .375, for a posibble gain of 60% Not bad for just a week’s time.
The way the chart is looking, we believe that LQMT could be in what are only the early stages of an uptrend.
The company has also been very active with regard to recent press. We’ve included links to some of those those releases below.
ICPA continues to stack gains upon gains for us this week. Yesterday brought gains in excess of 30%, and when compounded with possible gains from Monday, our total for the week reaches 50%
The next key resistance on ICPA should come at the previous high of .0585, after which time we are traversing into Blue-Sky Territory. Touching .0585 would represent a 20% gain from yesterday’s close at .0482.
GMXS had another positive day yesterday with regard to one of their mining properties.
We’ve been talking about GMXS for some time, during which period the stock has provided us with several opportunities to time bounces, and rake in some pretty substantial profits.
Our patience has been rewarded, and yesterday’s news could be just the catalyst to allow for the continuance of its success. Reports show that the La Tapada gold property contains deposits as rich as 243 grams per ton.
On Friday, we stated that “GMXS looks very attractive to us in the .04-.06 area, due to the previous trading patterns, which suggest the stock could easily push back into the .08-.10 range.”
Monday’s session confirmed our assumptions about GMXS, as the stock most certainly did reach the .08 mark, closing there at the high-of-day.
In a time when the market is very turbulent, we like precious metal plays. Our opinion of GMXS is still riding fairly high for this reason.
Not only did the stock make a higher low and higher high on Monday, but several of the indicators that we’ve pointed out below suggest that things could get really exciting.
We’re looking at an RSI that is kissing the 50DMA overlay, having just pushed past the 50 mark. The PPO has crossed and upturned while its histogram bars have also flipped up topside. The Slow STO has also surpassed its own 50 day average, and is heading to the power zone.
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IC Places, Inc. ICPA
ICPA is among our top picks this year. Yesterday the stock traded as low as .033, and as high as .0399, for 21% gained. This was nothing in comparison to the 3150% gain we saw earlier this year from .0018 to .0585, however these smaller gains sure do add up, and as we say around her, “profits are profits”.
Indicators on the ICPA chart are still looking good as outlined below.
As we were watching the activity late in the day on Friday, we noticed a stream of steady volume, and a nice PPS increase as it closed with authority at its high-of-day.
We’ve done a few video charts on this play in the past, and have been very accurate without our observations to this point. We’ve prepared yet another for you for this morning, to outline some of its bullish points.
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Structural Enhancement Technologies Corp. EMWW
EMWW has performed well for us in the past, and is looking as if it could be approaching an ideal bounce spot.
First appearing in our newsletter on 04/30/12, the stock subsequently traded as low as .004, and just two sessions later, hit a high of .0125, for a possible gain of 213%. The stock then fell to support at .0052, before running back on up to .0125 (140%).
Over the past few sessions, the stock is trading as low as .0046. We feel that any type of surge in volume could be the catalyst for this play’s next leg-up. We are keeping it on our radar in anticipation of that next bounce.
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Algae Farm (USA), Inc. ALGF
ALGF has been our latest sub-penny play, coming from .0008 at the time of our first alert. We saw a high of .007 this past Thursday, giving our members the opportunity to see a whopping 775% in potential profits.
As we’ve stated previously, this is one of those low float plays that has some exteme profit potential, as we’ve already seen as plain as day.
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SMA Alliance, Inc. SMAA
SMAA appeared on our newsletter for the first time on Friday. As is the case with most of our other alerts, our timing was very good.
The stock opened at .162, saw a low of .157, just to hit a high of .24, and closing out the day .222, with a total intraday max gain of 53%.
After what we’ve seen already, with the stock having broken its previous high, it will be interesting to see where it goes this week, being officially in Blue-Sky territory.
