FBCD, APII, JVA – Hot Penny Stocks Today

FBC Holding, Inc. FBCD

FBCD hit a high of .0165 on Friday, reaching as high as 65% from .01. We called for a bounce off of that bottom earlier in the week, and indeed, it came to fruition.

Friday saw ten times the 3 mon. average volume traded, and as we know, PPS appreciation follows increased volume, thus we will be continuing to monitor this stock.

The last time FBCD made a significant run, it trended up for several days running, so it will be amusing to see how much weight is behind the current momentum.

We are pleased that our call of the bottom came in a timely fashion.

FBCD Video Chart

Action Products International, Inc. APII

APII was as low as .11 following our call on Thursday and closed out the week at .135; in our previous alert, the stock had run from the .20’s up to .33.

The chart is a technical traders dream, with the MACD having just crossed , and the RSI creeping into the powerzone.

APII Video Chart

NEW YORK, NY, Oct 07, 2011 (MARKETWIRE via COMTEX) — Action Products International, Inc. (PINKSHEETS: APII) announced today that Gary Polistena is the featured CEO on an upcoming interview on Stock Legends Radio.

The interview will be published on October 10th, 2011 at 10am EST, and can be heard at  http://www.stocklegends.com under the Radio Show link.

 

This interview will discuss a brief history of Action Products International, Inc., Mr. Polistena’s background and experience, and plans for the company. It will include immediate plans, short and long term objectives, acquisitions, financials, and the outlook for the company over the next few months and years.

 

Coffee Holding Co., Inc. JVA

We made quite the magnificent call on Friday in the form of JVA. The stock opened at 8.35, and traversed a path all the way to 9.25 before settling in at 9.04.

We don’t often pay a lot of attention to big board stocks, but we were right to make an exception in this case. The chart is forming up nicely, with the RSI coming off of being oversold, and the MACD pinching toward a cross.

All in all, we definitely won’t let this one slip off of our radars, as it is still in prime position to move early on this week. We saw a gap up last week, and would not be at all shocked to see another significant gap up this morning.

JVA, CIGX, FBCD – Today’s Hot Stocks

Coffee Holding Co., Inc. JVA

We dont typically talk about listed securities, but are making an exception this morning for JVA. This stock is at a low after having found a bottom in the eight dollar range, and trading at 10.00 or better for the majority of the summer. At times, much better; it hit a high of nearly 30 dollars!

Have a look at the annotated chart we prepared which points out some of the highlights. We have noticed that this stock is capable of making wicked moves; In January it traded in the 4 dollar range, only to hit 30 dollars in July, for over 600% gained. We would love to see that happen again.

Star Scientific, Inc. CIGX

CIGX made a great move this week from a low of 2.00 to a high of 2.84, for a nice 42% gain. The MACD is currently pinching toward a cross, which will signal another bullish rally for CIGX.

Once again we have taken it upon ourselves to include an annotated chart for your viewing convenience which outlines some of the more attractive features of the chart.

Take heed of the gap we pointed out, as gaps like that almost always get filled. After the current run has ended, we will be on the lookout for a retracement to the 2.34-2.41 range.

FBC Holding, Inc. FBCD

Early on this week, we re-added FBCD to our watchlist after a relatively long hiatus. The stock has performed exceptionally well for us in the past, and our confidence that another run is in the cards for the near future is increasing steadily.

We’ve seen an increase in volume over the past couple of weeks that leads us to the conclusion that savvy investors are loading up shares here at this relative bottom. It will be interesting to see where this stock will travel in the coming weeks.