MCET, MJNA, MWIP & Extended Watchlist

MultiCell Technologies, Inc. MCET

MCET put in another solid performance yesterday, maintaining its uptrend. We’ve taken a lot of interest in the biotech sector lately, and have been duly rewarded.

The volume that has been flowing through MCET for the past week and a half has been astronomical, with yesterday being the second-highest volume day. It opened at .0058, before dipping to .0046, and then ran to .006, gaining 30%  We then saw a dip to .0049 before the stock ran to .0067 tallying an added gain of 37%

From Friday’s low of .0035 we’re looking at gains of almost 100% in total, and with the amount of momentum in this stock currently, we are leaving MCET on our watchlist for the foreseeable future.


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Cannabis Stocks
MJNA and MWIP each closed out Monday’s session with gains of around 20% We have yet to stop paying attention to the marijuana sector, as it seems that we are pulling winners from that group on a very regular basis of late.

For those of you just joining our ranks, as listed in the most recent roundup report on marijuana stocks, we are looking at several different symbols, including: MJNA, MWIP, HEMP, CBIS, GRNH, XCHC, ERBB, PHOT, LATF, TRTC, and more recently, EDXC.

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Extended Watchlist:
VOIS, SIRG, CICI, CBAI, PEIX, BIOF, NEWL, PAL

SIRG, ECOB, EMWW & Today’s Extended Watchlist

Sierra Resource Group, Inc. SIRG

We mentioned SIRG back on April 19th at .0033, after which time the stock was trading as low as .0017. Yesterday we witnessed a high of .0135,  marking whopping gains from 300-694% in under a month’s time.

When the momentum tapers off, we have to expect a bit of a pullback; in our view, just another opportunity to play the bounce. In the past, when SIRG runs, as is the case with many astronomical gainers, there is a consolidation period that usually precedes further gains.

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Eco Building Products, Inc. ECOB

We are looking at ECOB this morning for a possible bottom-bounce momentum play. The chart is showing a hint of convergence on the MACD, with a cross in the works. We see a patch of major resistance at .10, which will be a huge hurdle for this play. We expect to see a pullback if the stock fails to breach the .10 mark, so we will want to remain vigilant.

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Structural Enhancement Technologies Corp. EMWW

EMWW has made some nice moves for us in the past, and we wanted to bring it back to your attention this morning on the heels of a new press release out yesterday. Find the link below.

Structural Enhancement Corp. Enters Into Letter of Intent to Acquire Challenger Brands Corp.

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Extended Watchlist:

ENTB, AGIJ, ICPA, WGAS, BMSN, HOKU, VPER, X

ICPA, RSRS, & Today’s Extended Watchlist

IC Places, Inc. ICPA

ICPA landed us at the top of Penny Stock Rumble’s winners list yesterday. It seems like there is never more than a few weeks in between our appearances on said list. With picks that come as early as and as fresh as we bring them to you, we’re bound to strike it big every so often!

The stock closed up 108% on Wednesday, right at its high of day (.0104) on abnormally high volume. .0104 marks 1200% gained from our first alert at .0008, and 316% from last week’s re-mentioning at .0025.

We also released this VIDEO CHART on Monday, after which time the stock touched .0041, before rising all the way to yesterday’s close (156%). We are on the lookout for additional gains, even being up this much. The level of volumne flowing through the stock is an extremely positive sign.

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Regency Resources Inc. RSRS

RSRS has been getting a lot of paid newsletter attention lately. While we have not accepted payment for our coverage, we were, of course, on this one before any of them, because that’s just the way we do things around here.

The stock traded record volume yesterday, with nearly $4M changing hands; more than Monday and Tuesday’s action combined. This leads us to believe that the action may only just be beginning. RSRS challenged it’s previous high of 1.35, bumping into 1.32, before a string close at 1.22.

Yesterday’s News:
LOS ANGELES, CA, Apr 18, 2012 (MARKETWIRE via COMTEX) — Regency Resources, Inc. (OTCBB: RSRS) (“Regency” or the “Company”), a development stage media based company aiming to offer an in-depth portfolio of content for Internet TV distribution, is very pleased to announce the appointment of Mr. Bruce Venezia to the position of Vice President, Content Acquisition.

Mr. Venezia’s career spans 30 years in the sourcing, negotiating and licensing of independent programming for the home entertainment market.

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Extended Watchlist:
ANDI, AGCZ, ECDC, DUTV, EEGC, SIRG