EGCT, IDOI, BBDA & Extended Watchlist

Ecologic Transportation, Inc. EGCT

EGCT has appeared in our extended watchlist a few times in the month of July, beginning on the 16th. At that time the stock was trading at a low of .30. By the 25th the stock touched .48, a 60% gain.

Today we are bringing the stock to you as a featured play as we believe it could about to get even more interesting. This one is flying under a lot of people’s radars, but we feel that it could deliver the kind of results that were afforded to us by IDOI.

As always we are the first ones to show up at the party. We have a sinking suspicion that this play could soon be receiving mainstream attention. Currently we view it as undervalued as it momentarily remains off the beaten path.

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IDO Security, Inc. IDOI

We’ve been tracking IDOI like a pack of bloodhounds since we first became familiar with the stock in mid-February. In that time, we have had quite a few opportunities for profit, having run from .37 -.55 on our first big take, and having seen a low of .22 before surging as high as .74 in the meantime.

After last week’s panic sell-off due to false accusations levied against IDOI, yesterday, the stock closed above every recorded moving average, and punched past all resistance, indicating that the recovery is well underway. A break above the .46-.48 range would leave the next patch of resistance to show up in the mid-.50’s, as indicated in the video chart we’ve drawn up for you today.

As a stock that seems to respond well to good news, we are anxious to observe the performance of IDOI following yesterday’s post-market news.

Yesterday’s Press:

NEW YORK, NY, Aug 01, 2012 (MARKETWIRE via COMTEX) — IDO Security Inc. (OTCBB: IDOI), developer of the innovative MagShoe(TM) shoe scanning device (SSD), today announced that the Company has installed the MagShoe at the Penitenciarul Poarta Alba Prison in Bucharest Romania.

Following the Company’s participation in the Israeli delegation to the 2012 Black Sea Defense & Aerospace Exhibition in May 2012, and demonstrating the MagShoe at the ICPA Regional conference in Bucharest, June 14th and 15th http://www.icpa.ca/news/1478, IDO Security has begun a pilot program in the Constanc’a Prison.

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Bebida Beverage Co.  BBDA

We have been talking about BBDA for the better part of a month now; in that time, we’ve had a few occasions to profit.

The stock was as low as .0015 on July 13th. We’ve noted .003 as a key resistance point in the past, and we were watching for a break of that price point, which came yesterday. The next key resistance is the previous high of .0039. Past that level, it is blue sky, as referenced in the included video chart.

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Extended Watchlist:

APP, NOK, TLON, PGNX (bottom-bouncer)

HLNT, ICNB, NOK, TLON, ASKE & Extended Watchlist

Highline Technical Innovations. Inc HLNT

HLNT has appeared on our watchlist in the past, and is sporting one heck of a chart. HLNT pushed to a new high yesterday on twice the average 3mo. volume; this stock has entered blue-sky breakout territory.

As you can plainly see on the chart, HLNT has absolutely been on fire. The last time this appeared on our watchlist was July 2nd, at which time the stock was as low as .0046.

Recent News:

USA based Delta Electronics named premier manufacturer for Hy-Impact™ fuel saving and emissions reducing intelligent hydrogen systems

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ICNB had its third consecutive day of gains since we’ve been following it last Thursday.

Having been as low as .022 since that time, the stock has been making higher highs and higher lows. Yesterday the high reached .089, for a posible gain of 305%

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Nokia Corp. NOK

Nokia is another one that we began mentioning Thursday’s Extended Watchlist, after the stock had recently seen its 52-wk low. NOK has been gapping up 2-5% each day we’ve had it on our radar, and today seems no exception.

Key resistance should come at the 50DMA of 2.33, and if a break above that point occurs, we could see substantially more gains than the recovery process here has already provided.

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Talon Therapeutics, Inc. TLON

We’ve covered TLON since July 11th. At the time we stated “TLON is likely to become a target for many investors as we approach August 12, the company’s FDA PDUFA for their Phase III drug candidate Marqibo.” The stock was trading at 1.28.

At yesterday’s high of 1.83, we were up 43%

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Alaska Pacific Energy Corp. ASKE

This play, new to our newsletter yesterday, managed a possible gain of 100%, after seeing a low of .0002, and subsequently closing at .0004.

That’s an unbelievably positive first-day showing.

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Extended Watchlist:

AH, BBDA, AAPT, IMDS, AAPL $605 & $610 Calls (In the event APPL can return to $615 or higher, those calls will be well in the money.)

BBDA, AAPT & Today’s Extended Watchlist

Bebida Beverage Co. BBDA

BBDA has been holding support at the 20DMA (.0025).We are now looking for a break of .003. The next major resistance comes at the previous high of .0039. We like that it has been trading in a tight channel between .0025 and .003.

This stock has been on our radar for some time now, and will remain there for the foreseeable future.

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All American Pet Company, Inc. AAPT

AAPT has been hovering around the .018-.023 range for the past couple of weeks.

The chart on AAPT indicates a crossing PPO. Should the stock manage to break the 20DMA (.0221) & 100DMA ( .0266), there’s a chance that the stock might make a run at the 50DMA of .0341.

We like this stock, as well as the company and products behind it, and will continue to monitor it going forward.

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Extended Watchlist:
ICNB,  NOK, HIMR, RENU, EGCT, ASKE