VPER | Viper Networks, Inc. & Today’s Extended Watchlist

Viper Networks, Inc. VPER

On Friday, we saw another hallmark performance from VPER. The stock broke through its 50DMA (.0034), touching .0045 before closing out the week at .0039. Since our first alert VPER traded as low as .0016; Friday’s close represents a gain of 144% (181% at the HOD).

We’ve been on this play since March 13th, and have only recently noticed some of the other newsletters hopping on our coattails.

We are looking at patches of resistance at .0056, .0065, and .0084.

DETROIT, May 29, 2012 (GlobeNewswire via COMTEX) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce that the Company has finalized agreement terms with Aequitas Energy, Inc. by contractually committing to acquire thirty percent (30%) of the energy reseller company based in New Haven, Connecticut.

Agreement terms call for Viper Networks to invest one million U.S. dollars. Total monies due Aequitas may be in two increments throughout the remainder of 2012, but are expected to be in two main $500,000 tranches within two specific time frames. >>FULL STORY
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ATTENTION READERS: By now you’ve all realized that we have a habit of including what is called our “Extended Watchlist”, (or “E.W.” as we’ve come to call it around the office). It is a term we coined for the group of stocks that we are monitoring (whether passively or aggressively) on any given day. For those of you that have taken the time to notice, we have had many winners emerge from this daily pool of interesting plays. [Take for example, last week, our EW picks AAPT (79%) ACYD (32%), and ALGF (>80%)]. For those who haven’t, we’ve now provided you with a reason to read through our morning alerts in their entirety!

That said, take a look at today’s Extended Watchlist:

Extended Watchlist:

IDVC, VNDB, COIL, X (US Steel)

RENU, IDOI, & Today’s Extended Watchlist

Renuen Corp RENU

RENU had a record volume day on Tuesday, cleaning out what appeared to be old sellers leaning on the stock.

At yesterday’s HOD of .0046, we’ve already witnessed gains on the order of 188%

RENU rose above its 200DMA never looking back. The RSI is currently sitting at 67, ready to breach the Powerzone. The PPO recently crossed, and is kissing the 50DMA, looking like it wants to surpass that, as we’ve highlighted on the chart below. The Slow STO also crossed recently, pointing North after surpassing its own 50DMA.

Along with the recent increase in volume, it appears RENU is running with the bulls. We’d like to see it hold above its 200DMA moving forward.


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IDO Security, Inc.

IDOI has been making higher highs and lows ever since it bounced off its 200DMA at .34.

All the moving averages are steadily climbing as you can see below. The 50DMA recently crossed the 20DMA, and the 100DMA is setting up to do the same.

The RSI is showing strength, having just passed the 50 mark, and looks likely to cross above its 50DMA.

The PPO looks ready to cross as well, with the histogram about to flip up topside.

The Slow STO is exhibiting similar signs, and also heading for the powerzone.

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Extended Watchllist:
MHYS, VPER, EMWW, BMXI, VNDB