PNCH, SKTO, PLUG & Extended Watchlist

 

IC Punch Media, Inc. PNCH

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SK3 Group, Inc. SKTO

We first began talking about PNCH and SKTO last Tuesday, and have seen really good performances out of each stock since that time.

PNCH hit a high of .0149 before closing at .0142, up 42% on the day on over 2X the 3mo. average volume, and bringing our total gains on the stock thus far to 148%. BARCHART.COM is still giving PNCH a 72% Overall Buy Rating.

SKTO hit a high of .03 yesterday, an astonishing 1204% rip from last Wednesday’s low of .0023. We certainly hope that many of our readers took notice of our coverage, and were able to play SKTO for much of those gains.

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Plug Power, Inc. PLUG

Yesterday we re-alerted a past play in PLUG. We were rewarded with a powerful session from the stock, as it managed to close at its high of day ( .2687), for a 24% gain on the day. We are seeing that momentum carry it into a morning gap-up, having already traded above .30 pre-market.

The next key resistance will come at the 50DMA of .33, and should we see a break past that level, there is a chance we could see this one trade up to the forty cent-range. The RSI is inclining, but has not yet reached the power zone, so we have reason to believe that the stock is not yet overbought.

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Side Notes:

Alot of newsletters struggle to bring you one green play in a day. We’re not sure where else you can go to find several winners a day. Yesterday, three out of four of our selections made significant gains. The fourth, had already seen multi-bag gains this week following a prior alert.

We also want to remind everyone to keep an eye peeled for a special report we will be sending out following today’s closing bell. We have a promising opportunity in the form of a stock that we feel could close out the week with a bang. You won’t want to miss this special report. 

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Extended Watchlist:
FLPC, IDVC, RENU, SIRI, GEVO, PGSI

IDVC, SNDY & Extended Watchlist

Infrastructure Developments Corp. IDVC

IDVC appeared in our extended watchlists on March 4th & 5th, being as low as .001 at the time. Over the past three days, we’ve seen some pretty solid gains from the stock, and yesterday it closed just one tick below the HOD of .0025.

A key aspect of this week’s breakout was the breaching of the 200DMA at .0016, and we’d like to see that level hold as support moving forward. With the noticeable volume and momentum increase, IDVC has garnered itself a place on our watchlists heading into next week.

BARCHART.COM is currently giving IDVC a “56% Overall Buy” Rating

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Solos Endoscopy, Inc. SNDY

Within the first two weeks of trading in the new year, SNDY was as low as .0024. By the end of February, we saw a high of .0087, representing a 263% move in 2013.

Following that big run, there was a consolidation, and we watched the PPS slip back to a low of .0036, this past Wednesday. That level is higher than the previous low from this year, and support held above the 100DMA, a positive sign.

Yesterday, the stock opened at the low of day (.0039) and closed at the high of day  (.0055). That move broke through the 50 & 200DMA, and put the close at the 20DMA. It is the apparent strengthening of the chart that has us watching SNDY for its next leg up. A break of the resistance here at the .0055 area is key, and the next patch of resistance comes at a recent swing-high of .0087.

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Extended Watchlist:
BMSN, BTHR, CLSN, GNIN, SIRI, KWK

VHGI, MDIN, SUNB, IDVC & Extended Watchlist

VHGI Holdings, Inc. VHGI

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Northstar Global Business Services, Inc. MDIN

After featuring in yesterday morning’s report, VHGI and MDIN both continued their runs from last week on Monday. With MDIN logging a 189% gain from Thursday’s low (.0037 ) to a high of .0107,
and VHGI touching .048, marking a 380% move from Friday’s low of a penny to yesterday’s high of .048, we were extremely pleased with the performance on each of these stocks.
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Sunbelt International Corp. SUNB

Another nice gain off of yesterdays newsletter was SUNB which appeared on both Friday’s and yesterday’s extended watchlist. From the .015 low on Friday to yesterday’s high of .025, a gain of 67%

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Infrastructure Developments Corp. IDVC

Another extended watchlist mover, IDVC ran from .001 to .008 before pulling back to .0015. Out of all the stocks recently mentioned in our newsletters, IDVC strikes us with the most intrigue. The chart is primed up, with the RSI just having punched through the power zone. The PPS just broke through the 20, 50 & 100DMA’s while spending a portion of yesterday’s trading session above the 200DMA. The PPO and Slow STO have both just crossed and passed up through the 50DMA, and the blue bars on the histogram are cranking up to the bullish side. There has also been a significant increase in volume over the past few days, All in all, the ripe setup on IDVC leads us to place this stock near the top of our watchlists heading into mid-week.
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Green Innovations Ltd. GNIN

GNIN is another stock that will be on our watchlist today, after we featured it in a short video chart published last night. We’d recommend everyone head over and get subscribed to our youtube channel (http://youtube.com/bluehorseshoestocks) so you can stay up to date on all of our video publications.

Some of the things we are looking for out of GNIN moving forward- We’d like to see the .89 level (50DMA) hold as support, and have the stock climb back above the 20DMA at 1.22.

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Extended Watchlist:
ANTH, ACUR, ACRX, ABIO, BBDA, ENTB, BTHR

REDG, VHGI, MDIN & Extended Watchlist

Red Giant Entertainment Inc. REDG

REDG appeared on our social networking feeds on Wednesday, and the stock was trading between .08-.11 on abnormal volume with large blocks of shares going off in between the bid and the ask.

It is a good idea to keep an eye on our social networking feeds, as in the case of REDG, when we may not have the time to send out an entire email, our social feeds are the quickest method of following our activity.

REDG then appeared in our daily report for Thursday. The large volume continued, and it seemed the market makers were shaking the tree to root out the weak hands, as the stock dipped as low as .075 in the first few minutes of trading. The high-volume momentum on the stock really intrigued us, and had to keep REDG on our radar into this week as well. In the last hour of trading on Friday, we observed REDG pushing to new highs, hitting .16 before closing out at .155, representing possible gains of nearly 115% from Thursday’s .075 low.

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VHGI Holdings, Inc. VHGI

We’re no strangers to VHGI, having seen a huge run from the stock last year, to the tune a .20-.40 run. We’ve been noticing it start to move up off of its bottom, and re-alerted the stock in Friday’s Extended Watchlist, just in the nick of time to catch the explosion. Opening at .0134 and subsequently dipping as low as a penny, the stock hit a high of .029, and closed at .024 for gains ranging in the 140-190% area.

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Northstar Global Business Services, Inc. MDIN

We mentioned MDIN on Thursday’s Extended Watchlist, and the stock was as low as .0037. On Friday, we saw a range from .0051-.0074 (closed @ .0072), and we are eager to see how that momentum will spill over into this week.

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Extended Watchlist:
IDVC, TADF, PGOL, SUNB, ETRN (Possible Bottom Bounce)

ALGF, IDVC & Today’s Extended Watchlist

Algae Farm (USA), Inc. ALGF

ALGF first appeared on our extended watchlist on May 24th, at which time the stock was trading as low as .0008! Yesterday, the stock made its fourth consecutive day of gains since May 24th at .0056, for a possible gain of 600% thus far.

Rumor around the campfire, is that some investors anticipate ALGF to be trading in the multi-penny range in coming weeks. With such a small float, those rumors could very well become a reality,  which is why we want to keep ALGF on our radar moving forward.

In addition, ALGF is currently receiving a “Strong Buy” Rating at BARCHART.COM

ALGF has a reported float of 67M shares, as of May 10th, 2012, according to OTCMarkets.com

Algae Farm (USA), Inc., a Nevada corporation, is a biotechnology developer of processes and systems that produce high yield, predictable, reliable, scalable, sustainable algae oil, residual biomass and algal biomass in an indoor climate controlled environment.

For more information on the company, click here.

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Infrastructure Developments Corp. IDVC

IDVC was a bottom-bounce play that has turned into a momentum play with the recent surge of volume which has yielded two solid days of gains for our members.

Over the long weekend, we discovered IDVC while scanning for a good bottom play, and our timing couldn’t have been any better. We mentioned it Monday in our extended watchlist, when the stock was trading as low as .0019.

At yesterdays high-of-day (.0067) we have already witnessed the opportunity to reel in 256% in gains; not bad at all for just a two-day stretch

We will be monitoring this play for a follow up to the update we received early-on this week:

SALT LAKE CITY, May 29, 2012 (GlobeNewswire via COMTEX) — Infrastructure Developments Corp. (OTCBB:IDVC) (the “Company”) wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities. Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy “Lido” project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC’s public float which increase may have resulted in the drop in IDVC’s stock price over the past ten months.

Except for $2,000, all convertible debt that is currently entitled to conversion has been converted to stock as of today’s date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion. >>FULL STORY

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Extended Watchlist:

ATRN, AAPT, EMWW, DNAD, CRCL (Watching for bottom)

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