ACI, OMVE, ENTB & Today’s Extended Watchlist

Arch Coal, Inc. ACI

ACI was a good addition to yesterday’s midday report, and once again, we come through with impeccable timing. We took notice of the fact that the stock is trending up off of its 52-week low, and wasted little time in bringing it to you.

At the time of publication, ACI was slightly in the green, trading at 6.07. ACI went on to finish the day with strength, gaining another 2.5%, closing at 6.19. We will most likely be keeping ACI on our long-term watchlist. Big Board plays can take longer to see gains of the magnitude that we often see in the OTC market. Patience is key!
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Entest BioMedical Inc. ENTB

 Our abiltiy to keep our ear to the street, and time plays with great regularity is almost uncanny. ENTB has proven that, having gained 125% for our readers in just two short trading sessions.

Friday, we added it to the newsletter to watch for a bounce after consolidation from its previous run offered a prime entry at .01 on both Friday, and Monday. On Monday, the stock performed well all day, and closed at the high-of-day; leading us to believe that the momentum could spill over into today.

We will be watching to see where ENTB encounters its next resistance point, which, on the chart, looks like it could be .042; a previous high reached in May. Higher highs and higher lows confirm an uptrend, and we will be looking for a continuation of that into today’s session.

Omni Ventures, Inc. OMVE

As is often the case, we cover plays well in advance of other groups. Such is the case with OMVE as well. After the market close yesterday, our inbox began flooding with several paid newsletters touting OMVE. Fridays low of .13, and yesterdays low of .1435 offered some great entry points to our readers ahead of the crowd. Today we could see an increased amount of activity due to the increased exposure OMVE recieved overnight.

Keep in mind that there are several paid promoters covering this play, and where there are paid promoters, there is likely a third-party selling shares to cover the costs of the campaign, which could put pressure on the stock.

If OMVE gets enough momentum, and can break above resistance points at .20, we could see some additional gains. If you were able to catch the bottom on Friday, or Monday, you could be looking at gains of 30-44% already, at yesterdays close of .187.

Certainly nothing to complain about, and definately time to consider locking in profits if it can’t break through resistance. Moving forward we want to see the support increase, and we would like to see OMVE hold higher highs and higher lows in order to remain on our watchlist.

Yesterday’s News:
PRVCY Expands and Diversifies Customer Base

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Extended Watchlist:
  THWI, AAPT, ICPA, ARNA, JASO

Midday Updates – ACI, ENTB

Arch Coal, Inc. ACI

ACI looks to us like a bottom-feeders’ dream. We are adding this play to our bottom-play radars today, as it has just come to our attention. This is one bargain stock that may end up making us very happy that we caught it on the heels of its  52-week low (5.62, reached on Friday).

We want to monitor this play going forward, with the stock seeing a bit of green today at 6.07, being as low as 5.916- we’d like to see it continue to make higher lows off of its recent bottom.

The key level of support to hold would be 5.62, and from these levels, we think it realistic to imagine that the recovery here could be another great opportunity for substantial gains.

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Entest BioMedical Inc. ENTB

ENTB was as low as .01 on Friday when we added it to our newsletter, stating that, “Generally, a stock that has displayed these kinds of gains over a relatively short period are in for a bit of a slide; something that is generally followed up by a bounce. That is what we will be awaiting.”

We certainly didn’t have to wait very long. Today’s high of .018 represents an 80% gain, quick-as-you-please, and served up to us on a silver platter this morning!

It even prompted one of our faithul readers to send us an email expressing his gratitude for the heads-up call: “ENTB was a monster today. As usual, great service. The best part? The day’s not even over!”

As always, we welcome correspondence from our subscribers, so feel free to drop us a line!

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Extended Watchlist:

OMVE, ATRN, ICPA,THWI, JASO

IBIO, ARNA, & Today’s Extended Watchlist

iBio, Inc. IBIO

We’ve been quietly watching IBIO for quite some time. This AMEX stock has been on a consistant downtrend for the past couple of months, and is reaching the point where we felt it was time to begin sniffing for a bottom.

As you can see from the chart below, IBIO has the look of a stock that could be in for quite a recovering run once that ultimate bottom is reached. Shares from this price level could really turn out to be a bargain in the long run.

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Arena Pharmaceuticals, Inc. ARNA

ARNA hit a high of 8.65 on Wednesday.  That’s a 57% gain from the stock’s low (5.50) following our initial alert. It appears that many investors are, like us, highly anticpating the possibility of ARNA’s FDA Approval.

We’ve already seen sizable gains from ARNA, and certainly would like to keep the stock on our radars for the forseeable future. We will, of course, keep you updated as to the situation.

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We’d like to congratulate any traders who managed to trade RGIN successfully yesterday, as it was not for the faint of heart. The stock opened at .285 yesterday, and hit a high of .44 before falling into the close at .20. Savvy traders could still have made an intraday gain of 54% early on, and if anyone caught the afternoon bounce from .151 to .249 that came following the high of day, an additional 62% gain was possible.

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Extended Watchlist:
JASO, VPER, THWI, OMVE