BMSN, AMBS & Extended Watchlist

Yesterday in reference to BMSN, we stated that “we are expecting to see a pullback at some point. In such an event, we’d like to see the support hold off of the 50DMA of .001.”  Sure enough, that’s exactly what we saw, as the stock bounced off of .0011 before closing at .0018. Not only did BMSN follow our prediction to the letter, but it managed a 64% intraday gain off of the bounce as well.Accumulation remains at an all-time high, with close to three-quarters of a million dollars changing hands yesterday, a record-setting volume day for the stock. This leads us to believe that there is certainly something left in the tank for BMSN, and we will continue to monitor the Level 2 as we do with every ticker that’s high on our watchlist, to make sure that support holds in the .001’s.

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Amarantus Bioscience, Inc. AMBS

AMBS had another great day on Wednesday, raking in some more serious gains. We observed a new high of .195, on heavy momentum, much like BMSN. Yesterday was the third highest volume day the stock has logged in the past two months, with $4.5M in dollar volume. When we see momentum in a high-flyer like this, it’s easy to get excited, yet we remain vigilant. It’s important not to let greed run the table, and protect those profits where you can, after all, we’ve already seen cumulative gains of 1047% from AMBS.

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Extended Watchlist:

PNCH, SNTL, UNLA, PRTN, EGCT, BGMD, DUSS

UPZS, RENU, ADHC & Extended Watchlist

Unique Pizza & Subs Corp. UPZS

We first put UPZS on our watchlist on August 15th, at which time the stock was trading as low as .051. Friday, we saw a high of .13, making gains of 155% possible over that range. Yesterday the stock settled at .08, its lowest price since August 17th. The pullback served us up an opportunity to catch a bounce, or an entry for those that missed that first run. We’ve seen some additional newsletters covering this play as well, so we expect to see even more interest coming in on UPZS.

Today the company released some news regarding the progression of a previously mentioned LOI into a Definitive Agreement. Its all too often that we see companies on the penny market announce an LOI, and then fail to execute. That does not appear to be the scenario with UPZS.


Unique Pizza Signs Definitive Agreement to Acquire Pizza Fusion; Deal to Capitalize on Synergies With Pizza Fusion’s Organic Sector Leadership and Global Growth Business Plan

PITTSBURGH, PA, Aug 29, 2012 (MARKETWIRE via COMTEX) — Unique Pizza and Subs Corporation (PINKSHEETS: UPZS) today announced that it has signed a Definitive Agreement to acquire privately held Pizza Fusion Holdings, with closing expected by the end of the third calendar quarter. Pizza Fusion will become a wholly owned subsidiary of the parent company Unique Pizza and Subs. The Company announced on March 2 it had signed a binding LOI for the transaction.

The business combination capitalizes on Pizza Fusion’s acclaimed organic menu offering, eco-friendly practices, sector leadership position and global growth business plan. Further, it brings together and leverages Unique Pizza’s highly cost effective franchise business model, which enables the prolific roll up and rebranding of existing ‘mom & pop’ pizza restaurants under the Unique Pizza and Subs brand.
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Renuen Corp. RENU

We are still waiting on execution of an LOI announced by RENU in late July.  The stock had another strong trading session yesterday, hitting its highest point that we’ve seen in three months.  RENU hit a high of .006, and closed at .0059, a gain of 300% off its .0015 bottom that we observed at the end of July.

The way that the stock has been performing time and again, is what keeps us coming back to RENU.

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American Diversified Holdings Corp. ADHC

ADHC, our momentum alert from yesterday had a heck of a performance, dipping as low as .0063, before running as high as .0105, for an intraday gain of 67%  The stock continued to pick up volume, trading 3 million more shares than the previous day.

We’ll continue to watch for added momentum today.

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Extended Watchlist:
PRTN, BBDA, EGCT, GIHI, P (Pandora),

BBDA, PRTN, ADHC & Extended Watchlist

 

Pristine Solutions, Inc. PRTN

When we put out our newsletter pre-market on Monday morning, we noted that we had a hunch that PRTN was Awesome Penny Stocks’ next big play, and as it turned out we were correct. After touching a low of .31 the stock ran as high as .413. for an intraday gain of just over 30% on monstrous volume.

While other newsletters may claim to bring you timely alerts, we strive to be the first to mention big opportunities, and that was certainly the case here. We didn’t start seeing other coverage of PRTN appearing until after the bell Monday morning.

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Bebida Beverage Corp BBDA

We have talked about BBDA a lot latelty. On the 22nd it had come down as low as .0045, before starting on its most recent tear that has taken a high of .0148 yesterday. Gains of 229% from that low were possible. From Monday’s low of .008, it represents an 85% gain.

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American Diversified Holdings Corp. ADHC

We would classify this as a momentum play just coming off of its 52-week low. We’ve seen a spike in volume, and believe that momentum could carry over into today’s trading.
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Extended Watchlist:
LBGO, EGCT, MSLP, PPHM,