PSWS, ACGX & Extended Watchlist

PureSafe Water Systems, Inc. PSWS

PSWS earned us the top spot on Penny Stock Rumble yesterday, after appearing in our morning newsletter. We are pleased to report that we saw an enormous 369% move out of the stock from Monday’s low of .0049 to yesterday’s high of .023.

We saw resistance build up at the 200DMA of .0194  yesterday, a barrier we will have to breach to continue to see gains here. Should that occur, we would like to see that 200DMA hold as support. We have to remain vigilant at this stage of the game, and would urge extreme caution to those not yet in PSWS. This is a stock that has posted gains for nine straight days, so it stands to reason that a pullback could be in the cards for the near future.
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Alliance Creative Group, Inc. ACGX

We are no strangers to ACGX, and each time we’ve talked about this stock in the past, it has gone on to bring us some handsome profits. We’ve noticed this play getting attention from other newsletters, so we thought we’d re-mention it as well.

Last Thursday, ACGX announced that it had shipped 50,000 displays for Wellnx Life Sciences’ raspberry ketone and green coffee bean weight management products to the world’s largest retailer.

The chart is in the middle of a serious uptrend. As you can see below, the Accum/Dist has recently skyrocketed, and we have an RSI that is barreling into the power zone. The PPS recently broke through the moving averages, volume has recently begun to pick up, and the PPO and Slow STO are both diverging and heading north after both made bullish crosses in recent months.

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Extended Watchlist:
CLNP, PPHM, BWEN, SWHC, ECOB (Bottom Play – Coming Off 52-wk Lows),

Marijuana Stocks Blazing to New Highs in 2013

Marijuana Stocks Blazing to New Highs in 2013

On Monday, we encouraged everyone to check out one of our recent marijuana stock reports, where we highlighted no less than ten plays in the up-and-coming sector. We feel like a broken record at this point, having pounded the table on these stocks for a very long time, but we won’t quit parroting ourselves until we’re sure everyone understands: If you ever asked yourself “what is the next ‘big thing’?”, this is it. Marijuana stocks are the next big thing, and we’ve done our absolute best to show everyone we believe just that. It has become clear to most lawmakers that the advantages to ending marijuana prohibition, particularly from a fiscal standpoint, far outweigh any alleged drawbacks. The Marijuana Stock Index has risen over 900%% since October, and it’s no coincidence. Just take a look at this article explaining how the marijuana industry is gearing up for a “legislative windfall” regarding the legal status of the now mostly-illicit substance.

This week, MWIP has thus far traded in a range from .0585-.12 gaining 105% If you take into the account the low since we first mentioned MWIP (.0024), our total cumulative gains have reached a staggering 4900% as of yesterday’s high.

ERBB hit a high of .0163 yesterday, which represents move of 104% from this week’s previous low of .008.

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PureSafe Water Systems, Inc. PSWS

PSWS has been a successful new play on our watchlist, performing very well so far this week. It first appeared on our extended watchlist on Monday, when it was trading as low as .0049. Yesterday the stock closed at the high of day at .0075, a 53% gain from Monday’s low.

This morning’s PR:

PureSafe Water Systems, Inc. (OTCQB: PSWS) Announces The Signing Of An Exclusive Worldwide Sales And Marketing Agreement And An Engineering Package Agreement

PLAINVIEW, N.Y., Feb. 13, 2013 /PRNewswire via COMTEX/ — Leslie Kessler, CEO of PureSafe Water Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS), is pleased to announce the signing of strategic agreements with Global Equipment Marketing, Inc. (“GEM”) and Engineering Technologies Group, Inc. (“ETG”) of Hopkinton, MA.
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Peregrine Pharmaceuticals, Inc. PPHM

Those of you who have followed us for long enough, know that PPHM is an old-time favorite of ours. We’ve tracked this play for the better part of a year now, and in that span, we’ve seen it make some stellar gains.

PPHM first began appearing in our watchlist in mid-August 2012, as it ran from 2.30-3.09, after which time it pulled back to 1.76, before skyrocketing as high as 5.50.

More recently, we’ve been looking for PPHM to challenge 2.78, a recent swing high, that represents the current main area of resistance on the chart. The company released favorable test results for its pancreatic cancer treatment this morning, so be sure to check this stock out if you have not  already done so.

This morning’s PPHM headline reads:

Peregrine Pharmaceuticals Announces Results From Phase II Clinical Trial of Bavituximab in Stage IV Pancreatic Cancer

Top-Line Results Demonstrate Signs of Anti-Tumor Activity; a 28% tumor response rate as opposed to the control group which posted a rate of just 13% These statistically significant results have the stock trading up 20% pre-market, so today should get interesting for PPHM.
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Extended Watchlist:
ADCF, BMSN, GRPN, ZNGA, IGC,

LWSP, PSWS & Extended Watchlist

Legacy Wine & Spirits International Ltd. LWSP

LWSP first began appearing on our extended watchlist on January 16th, at which time the stock was trading as low as .006. Within a few days, it had pushed its way up to .023, for a 283% move.

Again on Friday we included LWSP on our extended watchlist, this time at a penny, and yesterday we saw the stock hit .02, a chance for an added 100% rip.

The chart conditions remain favorable as well- the RSI is climbing into the power zone, the PPO pinching in for a cross, and the Slow STO recently crossing up through the 50MA.

Friday’s post market PR:

Legacy Wine & Spirits International Ltd. (OTCPINK:LWSP) announces the signing of a Letter of Intent (“LOI”) with Mojave Gold Corporation (“Mojave”), www.mojavegoldcorp.com of Largo, Florida.

The LOI allows for Legacy to have the right to earn up to a 30% interest in Target #1(Kaburi Anorthosite) of Mojave’s PGM Project in their Platinum/Palladium licenses in Guyana. The arrangement also calls for an exchange of shares for both companies and a cash commitment from Legacy to Mojave for the Target #1 work program.

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PureSafe Water Systems, Inc. PSWS

PSWS came off of our extended watchlist yesterday to trade in a range from .0049-.0065, and closed at its high of day, for gains as much as 33%

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Added Note:

BMSN and MWIP were focal points yesterday, we noted that the two stocks have gained nearly 5000% over the past four months. Yesterday, they continued to pile on the gains, turning in two stellar performances. They, of course, remain high on our watchlist.

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Extended Watchlist:
SCXN, ZNGA, ENTB, CLSN