AAPL, RFMK, PEIX, BIOF & Extended Watchlist

Apple, Inc. AAPL
Apple continued its pullback yesterday and bounced off of 623.55 (just above the 100DMA of 619.39), hitting a high of 640.49.

As you can see from the chart, that 100DMA has come into play quite a few times over the past six months. Those traders savvy enough to catch the dip into the 620’s could have been looking at some nice intraday profits.Thus far premarket, it looks like we may be seeing a gap-up this morning. It seems we were quite accurate in yesterday’s report: “Apple has been undergoing a selloff, and we want to observe carefully for a turnaround…..earnings are due later this month, and with this stock, there is always that tendency to run into earnings reports….”

We are currently monitoring October 20th $650 Calls. Yesterday they were as low as 5.10 before hitting a high of 9.40, and closing out the day at 7.70. You can see why we like to follow these intraday, as Tuesday could have been unbelievably profitable.

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RFMK is another stock we’ve been watching for awhile that offered a opportunity on a dip to low of .0025, only to turn around and close strong at .0034 (HOD). The new support is at .0025, a level we need to ensure that the stock holds moving forward.

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Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

Both of these ethanol plays have shown us nice gains in the past, and these two tend to trend together, being in the same sector. We felt the time was right to reintroduce these two stocks, as it seems more gains like we’ve seen in the past could be in store presently.

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Extended Watchlist:
LGNT, BCAP, RSH, VRNG

ANTS, BVSN, RFMK, EGCT & Extended Watchlist

ANTs Software Inc. ANTS

Another week ends on a good note. We had some nice opportunities this week. ANTS made us a nice gain yesterday, after mentioning it on Wednesday. The stock came from a low of .0118, and yesterday saw a close one tick shy of the high of day at .024, giving us the chance to score 112% in gains in just over a day.

ANTS went through a bit of a quiet period after its announcements back in July, and in the month of September, we’ve already seen three PR’s, including two 8-K’s, which really gave us a boost in volume, with the stock trading over 10M shares on three consecutive days. That is significant dollar volume for a penny stock. That is why we will continue to keep an eye on it heading into next week.

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BroadVision, Inc. BVSN

We typically do not dabble in big board listed stocks, due to the rarity of the types of gains we see with the pennies, however that was not the case with BVSN this week. We jumped on this stock after it hit our scanner, and brought it to you just in the nick of time on Wednesday. At that time the stock traded as low as 8.50. Yesterday’s high just shy of 12.00, marked the opportunity for gains of more than 40%

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Rapid Fire Marketing, Inc. RFMK

RFMK appeared for the first time in yesterday’s newsletter, and it seems our first time mentions have been hot lately. Sometimes we let stocks sit on our radars until the most opportune moments, and this was the case with RFMK. The daily range was between .0021 and .0026, on over 2X the 3mo average in volume.

Seeing a 25% gain on day one of our coverage is always a treat. Looking at the technicals on the chart, this could be the start of a nice run for RFMK. The MACD is just starting to cross, and the RSI appears as if it wants to head into the powerzone. With the activity on the chart and the way the stock is presenting itself, we’ll have this stock on our watchlist for the short-to-medium term.

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Ecologic Transportation, Inc. EGCT

We’ve been pounding the tables for months now on EGCT, and we wouldn’t expect it to end anytime soon. From last Tuesday’s twenty cent low, to yesterday’s high of .40, marks another 100% in gains added to the already exceptional performance of EGCT. As we’ve previously mentioned, we are going to be watching this for awhile, for reasons outlined in our recently published special report regarding the pending acquisition of ACE Rent A Car.

In all, the stocks appearing on today’s report have cumulatively brought us 278% in gains over the past week or so, which is exactly the type of week we love to have. Be sure to stay with us as we try to make next week just as special.

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Extended Watchlist:
KNKT, CBIS, BIOF, PEIX, WAFR, HALO, PPHM, EOX (Bottom Bouncer)

PEIX, BIOF, EGCT & Extended Watchlist

Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

Our mention of PEIX yesterday got us a spot on the Penny Stock Rumble top gainers list. The stock hit a high of .695 before closing at .6896. From the low of .4513 on Friday following our morning alert, that makes total possible gains of 55%

We mentioned BIOF along with PEIX, as both ethanol plays have a tendency to follow the same trends. BIOF hit a high of 10.75 yesterday, before closing out at 10.21. Being as low as 7.55 on Friday, yesterday’s high marks a 43% gain.

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Ecologic Transportation, Inc. EGCT

EGCT had another day of higher highs and higher lows on Monday, touching .37 and closing out at .34. This adds to the continuing uptrend we’ve recently observed in the stock.  A proper timing of last week’s .20 low, would have put you in a position to make up to 85% percent in profits at the top of yesterday’s trading range.

This is the third run of substantial gains we’ve seen out of EGCT since we first mentioned it. At the time we called EGCT a long term play with short term potential, and it has lived up to our expectations completely. We expect the future to continue to bring similar fortune.

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ADDED NOTE: We’ve been stressing attention to Apple Calls in recent editions of our newsletter, and for good cause. Leading into this week we were looking at the $680 Calls and they are performing nicely, however, if Apple continues to trend upward, we may be turning our attention to Calls that aren’t so deep in the money, perhaps the $700 and $705 Calls.

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Extended Watchlist:
THC, BPAX, OXGN, DARA, PPHM,