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We didn't see as much as we would've liked to out of PHOT today, but will keep it on an extended watch as the Company plans to release earnings by November 15th, which could give enough reason to trend higher in the meantime. NTEK closed up nicely on the day and remains on our list again for tomorrow.
NNRX - Potential Continued Breakout - (Nutranomics, Inc.) - closed up 16.24%, at .63c a share, on over 2.5 million shares traded today. NNRX is a publicly traded company engaged in research and development of nutritional food products. Nutranomics' mission is to increase human health and longevity through education and self-awareness. Shares closed at today's high of .63c as e-mails profiling NNRX poured back in to help bring awareness back to the stock after falling from it's highs of $1.48 down to as low as .26c. The stock has plenty of room to continue bounce higher tomorrow, but we're going to (of course) label this a high risk play with the groups behind the play having a major conflict of interest. Keep it on close watch nonetheless tomorrow for a continuation. If it breaks below today's low of .55c, it may be time to stop watching it for good.
SKTO - Potential Continued Breakout - (SK3 Group, Inc.) - closed up 44.44%, at .0143c a share, on over 46.2 million shares traded today. SK3 Group is acquiring strategic assets in technology, healthcare, and business services and has acquired Medical Greens, Inc., a provider of administrative, accounting and other services to California marijuana collectives, authorized under California law. Shares of SKTO have made a big bounce off their recent lows near .0038c a share, up 275% over the past three sessions, and could move even tomorrow after closing just off today's high of .0144c. If shares can break past their 200 day moving average of .0157c tomorrow, we could see the .02c level tested over the short term. Keep it on close watch; any stock with relevancy to the medical marijuana sector will continue to be worth keeping an eye on.
NTEK - Potential Continued Breakout - (NanoTech Entertainment, Inc.) - closed up 8.52%, at .125c a share, on over 8.1 million shares traded today. NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. Shares closed above .12c today, which should establish it's continued trend higher towards taking a shot at new highs past .14c potentially this week. The stock traded with a high of .133c today, which will be a key level to break to continue higher tomorrow. Keep it on close watch.
Agreed - INO should be a good one to pick up soon
The SA article is desperate. The author shorted the ticker far too early and is deep in the red. VISN may have no value, but it could go much higher still. Probably best off to short after weakness sets in.
I missed this one completely - I will look into now.
I was referring to suspended promo tickers; once a promo ticker is suspended and sent to the greys, the jig is up.
The greys are a death sentence - same thing happens every time without exception. Go look at PWEI for an indication of how this will trade.
Feel bad for those caught holding this one over night and I am not just saying that as I know your pain - I got nailed on PWEI. The CE went up on this in record time and many of us posted on promo day 1 here the halt risk was high (hence the horrible volume for an APS promo). At least the halt came after the crash so no too many got burned this time.
For us promo traders, perhaps we can use this a measuring stick for how long it takes those bastards at the SEC to suspend a promo ticker. We know they were investigating this one from day 1, and they did not step in before the normal pump and crash had time to take shape (same happened with POLR, NORX, and BIZM). It seems safe to say the PWEI halt was much faster only b/c that one had a halt history and already had filing violations (ie, the 3 week safety rule only applies to clean promo tickers, and it obviously not full proof - I am just assessing probabilities).
Wonder what the volume will be like on APS's next pick. The volume on this one was down about 2/3's from normal. For the next one, even if we take off another 1/3 off of the regular APS volume, it will still be playable. A lot of APS's enemies will claim this halt is their demise, but I suspect the next promo will do well. I thought this one would suffer much more from the PWEI fiasco, but APS proved me wrong. Just don't hold the next one over night after week 3 (or at all if you want to play it conservative - that will be my approach if I trade it past the easy day 1 pop grab).
That is an interesting comment, given that this company is a shell setup by APS to pump and dump. In other words, there is no actual company. Not to be rude, but why do you think every APS pick has no assets and always goes to nil value shortly after the pump ends. Haven't you ever bothered to research how these scams work?
Nice day for me on this one - before open on this board, I called for a 30% dip and then a rip; we got what I expected and more. I bailed when it went above open - did better than I thought it would. Bounce may continue Monday, but remember it won't last and where this is headed shortly. GLTA - I am done with this ticker. Have to give APS props, it was a good promo (especially after the PWEI disaster, which I still am not happy with them over - if they just went straight to this one and skipped the PWEI fiasco, this one would have had 100-300% higher volume and went much higher IMO)
ETF article caught my eye as I like to trade TAN:
Top Stocks..
3 hot ETFs destined to burn even brighter
If you can stomach some risk, consider allocating a small percentage of your portfolio to one of these high-flying funds riding momentous trends.
By Traders Reserve 1 hour ago
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Solar energy (copyright Mick Roessler/Corbis)By Karen Riccio, Traders Reserve
As earnings season collides with the U.S. government shutdown, it's getting harder and harder to find much to be optimistic about heading into the fourth quarter.
Preliminary reads on guidance show only 18 companies are set to share good news, as opposed to 94 who are decidedly negative -- that's the highest number since at least 2006. Leading negative sectors within the S&P 500 Index ($INX +0.63%) include technology, consumer discretionary and industrial.
But all that gloom means squat for a trio of stellar ETFs marching -- higher -- to their own drumbeat in three distinct but booming sectors.
These ETFs, the highest flying exchange-traded funds in the third quarter, are specifically focused on solar, social media and Chinese technology: Guggenheim Solar (TAN +2.03%), the Global X Social Media Index (SOCL +1.03%) and PowerShares Global Dragon China (PGJ +1.76%).
While they focus on diverse sectors, these ETFs have three traits in common: All are thinly sliced, aggressive and riding momentous trends.
So, if you can stomach some risk and room in your portfolio, consider allocating a small percentage to one or all of them. Here is why each is riding high and should be more than one-quarter wonders:
Guggenheim Solar (TAN +2.03%)
The revived popularity of solar power and a lucrative buying incentive program by the U.S. government are keeping TAN's momentum moving forward, up 45% in the past three months and 114% year to date.
Solar panel installations are increasing at a very fast rate; a system is put in place every two minutes. Plus, two-thirds of all installations took place over the past two years.
TAN’s top 10 holdings make up about 60% of the ETF, more about quality than quantity. One company with a 4.5% slice is SunPower (SPWR +4.88%), the beneficiary of an uptick in use of solar power by very large data centers, i.e. Apple (AAPL +0.68%) and Verizon (VZ +0.49%).
SunPower is at the core of Apple's future solar panel farm next to its data center in Reno, Nev. The 137-acre solar array -- called Ft. Churchill -- will generate approximately 43.5 million kilowatt hours of clean energy for Sierra Pacific's power grid. Apple's North Carolina data center, the largest of its kind in the nation, is powered by two solar farms built by SunPower that generate 42 million kilowatt hours of clean, renewable energy annually for the 100-acre, 20-megawatt (MW) facility.
Verizon also signed a multi-year agreement with SunPower for its $100-million solar and fuel cell energy project that will help power 19 of its facilities in seven states across the country. Verizon hopes to generate more than 70 million kilowatt hours of its own green energy annually, while eliminating more than 10,000 metric tons of carbon dioxide. Verizon’s goal is to cut carbon emissions in half by 2020.
A recently released report by Bloomberg New Energy Finance predicts that solar power capacity will overtake wind for the first time this year due to a slowdown in use by China and the U.S.
New onshore and offshore wind farms are expected to add 33.8 gigawatts and 1.7 gigawatts, respectively, to global power markets. That compares with an estimated 36.7 gigawatts of new photovoltaic, or PV, capacity, giving solar the edge in megawatts.
There’s no end in sight for this trend, unless the government suddenly stops the incentive program. Right now, though, it has much bigger fish to fry.
PowerShares Golden Dragon China Portfolio (PGJ +1.76%)
You would be hard-pressed to find a sector growing faster in China than the Internet. The China Internet Network Information Center (CNNIC), a state-affiliated research organization, predicted that at the current rate, the total number of Internet users in China will reach 800 million by 2015.
Seven of PGJ’s top-10 holdings or 53.5% of its weight is devoted to technology and Internet stocks. Up 38% in the third quarter and 51% year-to-date, key companies include: Sina (SINA +1.87%), Baidu (BIDU +1.01%) and Youku Tudou (YOKU +3.25%), largely growth stocks focused on mobile users.
Baidu's share in the Chinese Internet market is 80%. It reaches a 1 billion-plus market that Google can’t touch because of Chinese Internet censorship laws.
Today, a total of 591 million internet users reside in China, the most in the world. However, that represents less than 40% of its population. That leaves a big part of China’s current and growing Internet market largely untapped. Nearly 80% of Americans use the Internet.
An interesting note about PGJ is that it only holds U.S.-listed Chinese securities. So, if China experiences another cooling off period, it will likely continue to outperform all the other China-related ETFs just as it has thus far in 2013.
The Global X Social Media Index (SOCL +1.03%)
While this ETF had little trouble becoming a top performer in the third quarter, its future success may rest partly in the hands of a newbie to the NYSE: Twitter.
No exact date has surfaced, but post IPO (early 2014), Twitter will join some of the fastest-growing social media companies in Facebook (FB +0.08%), Sina, LinkedIn (LNKD -0.54%), Groupon (GRPN +0.14%) and Pandora (P +0.81%), which combine for roughly a third of SOCL’s weight. Just 26 holdings make up SOCL.
Like the growing trends in solar and China's Internet, social media will help lift SOCL to even bigger and better future returns than its 35% gain over the past three months and 54% in 2013.
Nearly one in four people worldwide will use social networks in 2013. The number of social network users around the world will rise from 1.47 billion in 2012 to 1.73 billion this year, an 18% increase. By 2017, the global social network audience will total 2.55 billion.
The popularity of Facebook and Twitter will no doubt add to the ETF's $53 million in assets, 31% of which poured into it since August.
I did say we will break $1 the other day, just didn't give a time line. Assuming the political issues continue to be resolved and the wider market does not crash, I could see us breaking $1 by next Friday.
PM looking good. I called the gap and crap yesterday perfectly - today, I am calling for a gap and run to yesterdays high of .7 by 10:30. I expect it to go sideways from there and then close strong. All the other shippers are up this morning also, supporting a solid day. Glad I picked some up at close EOD yesterday - may pick up more at open to catch some more of the run depending on how high it ends up gapping.
I have made nice money on APS bounces in the past - often good for a quick 30%. I like to ride them up, short the dump, and try the bounce. Day 3 is a typical bounce day, and this one has crashed harder and faster than others supporting bounce potential for today. I am expecting a dip and rip bounce, and will look to bid about 30% below prior day close - won't bother with it otherwise. Should be an interesting morning.
I posted in the morning on Thursday that it would gap and crap, but I thought after a fill of most of the gap, it would rally back to the high. I picked up shares at .60 and feel fine with that PPS. The EOD profit taking was by those upset they did not sell into the 30% gapup. The stage is now set for this ticker to rally to $1 in the short-term.
The news could not have been much more bullish - the CEO was clearly excited:
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Mr. Ion G. Varouxakis, Chairman, President and Chief Executive Officer of the Company made the following comments: "We are pleased to announce the extinguishment of approximately $30 million of debt, representing approximately one third of the Company's total bank debt. This transaction will result in significant gains, which are presently estimated to exceed $12 million. As a result, our balance sheet will be completely transformed, resetting us in position for future growth."
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He used the catch phrases traders love - significant gains, "completely transformed" B/S, and future growth; reads like an OTC penny stock tout, but it is actually legitimate.
Looks like the other shippers are ready to start rallying again also which will help FREE.
Well, got that bounce I wanted from ACAD. May have a little more in it tomorrow if the market stays strong. Huge rally today, so hard to say whether we will have a pull back tomorrow or more of a run. I expect a slightly green day for the markets unless bad news comes out of Washington
Looks on track to close at or above $1.5 tomorrow
Given the news, surprised ticker did not closer higher. I think it will rally in the AM right off the bat and touch today's highs. Should hit $1 at some point.
I have traded FREE for years but missed out on today's huge gapup - happy for FREE holders. I actually agree with the other poster that it is dangerous to buy the gapup - FREE has a long history of gap and craps. In this case, it is gapping to a recent high, so it may hold, or even rally, but I am going to wait it out to see how it trades today. The real money has been made by those that bought yesterday - I don't chase. Either way, should close up strong today and stage may be set for a future rally above $1.
Look at NEWL for a potential sympathy bounce, although it is up 10% PM already also.
Could bounce today - APS crashes always have a follow-up bounce. Only question is whether it will be today or tomorrow. I would prefer to wait unit it drops further, but I actually think it will bounce this morning. Guess we will see soon.
Damn - should have been holding FREE - up 30% PM:
FreeSeas Announces Elimination of $30 million Debt
FREE | 39 minutes ago
Athens, Greece, Oct. 10, 2013 (GLOBE NEWSWIRE) -- October 10, 2013 -- FreeSeas Inc. (Nasdaq CM: FREE)("FreeSeas'' or the"Company"), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of six Handysize vessels and one Handymax vessel, announced today that approval was received on October 9, 2013, by the Supreme Court of the State of New York of the terms and conditions of an exchange agreement (the "Exchange Agreement") between FreeSeas and Crede CG III Ltd ("Crede"), a wholly owned subsidiary of Crede Capital Group.
Mr. Ion G. Varouxakis, Chairman, President and Chief Executive Officer of the Company made the following comments: "We are pleased to announce the extinguishment of approximately $30 million of debt, representing approximately one third of the Company's total bank debt. This transaction will result in significant gains, which are presently estimated to exceed $12 million. As a result, our balance sheet will be completely transformed, resetting us in position for future growth."
Previously, the Company amended a settlement agreement (the "Settlement Agreement") with Deutsche Bank Nederland N.V. ("Deutsche Bank"), and Crede became a party thereto and agreed to purchase $10.5 million of outstanding indebtedness owed by the Company to Deutsche Bank, subject to, among other things, court approval of the Exchange Agreement. As a result of the court approval, Crede will release today $10.5 million to Deutsche Bank Nederland N.V. ("Deutsche Bank"), presently held in escrow, and Deutsche Bank, upon receipt of the funds, will, in accordance with the Settlement Agreement, forgive the remaining outstanding indebtedness and overdue interest owed by FreeSeasof approximately $19.5 million in total as well as release all collateral associated with the loan, including the lifting of the mortgages over the M/V Free Maverick and the M/V Free Knight. The other $10.5 million of outstanding indebtedness will be eliminated upon consummation of the transactions contemplated by the Exchange Agreement, which will occur later today. A complete description of the Exchange Agreement and the court approval is more fully described in a 6-K Form being filed with the Securities and Exchange Commission contemporaneously herewith.
The Company is reviewing the accounting treatment of the transaction and preliminary expects to recognize a gain on extinguishment of debt during the year ending December 31, 2013. The gain, which represents the difference between the fair value of the equity interest granted by the Company and the carrying amount of the debt, is estimated to be in excess of $12 million.
About FreeSeas Inc.
FreeSeas Inc. is a Marshall Islands corporation with principal offices in Athens, Greece. FreeSeas is engaged in the transportation of drybulk cargoes through the ownership and operation of drybulk carriers. Currently, it has a fleet of Handysize and Handymax vessels. FreeSeas' common stock trades on the NASDAQ Capital Market under the symbol FREE. Risks and uncertainties are described in reports filed by FreeSeas Inc. with the U.S. Securities and Exchange Commission, which can be obtained free of charge on the SEC's website at http://www.sec.gov. For more information about FreeSeas Inc., please visit the corporate website, www.freeseas.gr.
Forward-Looking Statements
Read more at http://www.stockhouse.com/news/press-releases/2013/10/10/freeseas-announces-elimination-of-30-million-debt#WToOD5J7zPcjSB1c.99
Overall market up big on default news (6 week resolution should pass). Hard to pick which stock will rally best - too many gapups making it difficult to trade the rally. I will be watching ACAD closely.
NEW YORK--With investors staring down the barrel of the U.S. government default, readings on the stock market's so-called fear gauge have jumped--and trading volume in exchange-traded securities that track the CBOE Volatility Index has surged.
However, many investors are using a rise in the VIX as a chance to cash out.
As the VIX jumped from 16.7 at the end of the day Friday to a high of 21 Wednesday, the $1.5 billion iPath S&P 500 VIX Short-Term Futures exchange-traded note (VXX) has gained 8.7%, while the S&P 500 is 2% lower. Trading volume in the iPath ETN Tuesday hit its highest level in four months.
The products track futures on the VIX, not the VIX itself.
Gains have been bigger for leveraged VIX products. The ProShares Ultra VIX Short-Term Futures (UVXY) and VelocityShares Daily 2x VIX Short-Term ETN (TVIX) are both up 17% this week. Tuesday's trading volume in both hit record highs.
Those moves higher in price have generally been greeted with investor selling, cashing out after the VIX has spent most of 2013 near multi-year lows.
The $1.5 billion iPath ETN has seen $188 million in outflows since last week's government shutdown, while the $272 million the ProShares Ultra VIX fund has seen $114 million walk out of the door, according to IndexUniverse. The VelocityShares 2x VIX ETN's assets are flat.
"People who buy these as hedges, or portfolio insurance, are taking money off the table," said Adam Grimes, chief investment officer at Waverly Advisors, which provides tactical research for traders and money managers.
Outflows show that some investors who bought the products as hedges are already cashing out.
The last time the VIX staged a major rally, in August 2011, the fear gauge shot up 50% in a single day to 48. But fund flows indicate that traders aren't yet betting that the current wrangling will play out to that extreme.
Market participants caution that daily flow statistics don't provide a complete picture of investors' moves. Market makers can sometimes wait days before going to the ETF sponsors to create or redeem shares.
But recent outflows match the mood of this market, they say.
"We don't think this is one of those environments that will lead to more and more volatility, or see anything really scary happening," Mr. Grimes said. He's telling clients not to expect a situation akin to 2011.
There are signs that some investors are not only cashing out, but betting that volatility is going to fall.
The $339 million VelocityShares Daily Inverse VIX Short Term ETN (XIV) has taken in $108 million since the shutdown. Its price moves in the opposite direction as VIX futures, rising 3.1% Wednesday as the VIX ticked lower.
And historically, big VIX moves tend to act as harbingers of a rebound in the stock market. The VIX jumped 20% or more 13 separate times over two consecutive trading sessions since the start of 2011. The S&P 500 was higher a week later every time, according to Schaeffer's Investment Research in Cincinnati.
"You get this big surges and panic, and just as quickly the volatility can implode as the worst fears don't happen," Mr. Detrick said.
CPRX chart looks more like an APS ticker than that of a legitimate company.
I was just reading about the shutdown and debt ceiling - it seems to me the Republicans are willing to cause a default to make their point and demand concessions. If the default arises, I can't see how the markets won't crash. Since business leaders own the republicans, I can't understand why they are not lobbying for a resolution to avoid the default. I am somewhat rooting for the default - realistically, it will get resolved and everyone will get paid, so after the crash, we can then play the bounce. Will allow for a re-set of charts - bring tickers back down to 2010 levels.
Keep an eye on ACAD - it has taken the biggest beating in the last 2 days. Should bounce at some point.
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From Monday - Acadia Pharma -18% on rumor but no hard news
Acadia Pharmaceuticals (ACAD -17.9%) shares are down sharply, with no recent news or information to account for the move, though biotech blogger Adam Feuerstein tweets a rumor that today's decline is due to a doctor on a Cowen panel having a bearish stance on its lead drug candidate pimavanserin.
Pimavanserin is in Phase 3 development as a potential first-in-class treatment for Parkinson's disease psychosis, and ACAD established an expedited path to an NDA filing in Q2.
Shares are up 403% YTD.
VISN looks primed for a surge or a crash tomorrow. I will wait to see how it looks after the first 15 minutes after open.
BONA continues to trend nicely through tough market conditions
Never noticed this one - will follow it in the AM. Up 100% in a month after falling for years. Had not heard of it until now.
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Keep Calm and Invest On: 3 Stocks Outperforming Congress
Posted:10/08/13
By:Antonio Alfonso
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Keep Calm and Invest On: 3 Stocks Outperforming Congress
Research these Stocks on Kapitall’s Playground Now
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The government shut down and the debt ceiling is near. But these stocks might help you keep calm and invest on.
We're in week two of the US government shutdown, and markets have been acting crazy. Congress could take the country to the wire on the debt limit this month, and the shutdown is now trickling down to the real economy.
Read more from Kapitall about the government shutdown: Keep Calm and Invest On: 4 Stocks to Survive the Government Shutdown?
Although certain economic data is not being released as usual due to the shutdown, some private sector indicators are out. Gallup released the results of its consumer confidence poll. It fell to -34 from an already dismal reading of -13 in August.
But some investing opportunities exist even in a down market. Some companies have been rallying all quarter and have continued the trend during the shutdown. We decided to screen for stocks traded on US exchanges performing well over the last week – an interesting benchmark for the performance of Congress in the same period.
Tianli Agritech (OINK) is a small cap hog producer based in China that has surged recently. The company recently signed a deal with eight major Chinese hotels and restaurants to provide pork meat. And a few weeks ago, a major Chinese investor paid a premium for a 20% stake in the company. Tianli is currently trading above it's 20, 50, and 200 day moving averages.
Another company surging in recent weeks is Ever-Glory International Group (EVK) which is an apparel company involved in manufacturing and retailing. The company could be benefitting from investors looking to profit on the coming holiday season. Some concerns do exist with a recent warning from the NYSE and consumer confidence having taken a hit.
To round out our list, Quantum Fuel Systems Technologies Worldwide (QTWW) is a producer of fuel systems and storage tanks. The company is benefitting from a recent $9.3 million order for its tanks and increasing usage of a top system it produces. The company is also currently trading above key moving averages.
VCSY - somehow, did not notice this one until now - it is on the top traded listed tonight. Has one hell of a chart. May be too late, but I will start watching closely now. Was a great play for some - up 44% steady in last 3 days, 122% for the month, 208% for 3 months, and 521% for 6 months - perfect OTC ticker.
NVIV is trying to make a comeback - put on watch. Note that SA touted it today:
http://seekingalpha.com/article/1736742-new-ceo-should-right-invivos-ship?source=google_news
MMTIF exploded today. Put on watch for the AM and watch L2 closely. This was a news based pop - it should either crash or pop hard again in the AM.
http://www.itbusinessnet.com/article/Micromem-Technologies-Inc:-Provides-Oil-Sector-Update-2852808
No one hear after the big run today? Better put on watch for tomorrow AM.
http://www.itbusinessnet.com/article/Micromem-Technologies-Inc:-Provides-Oil-Sector-Update-2852808
I expect FNMA will have a little run in the AM, unless it gets drag down by the overall market
Best Damn Penny Stocks new pick set for October 15:
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If You Text Any Other variation like Ye, Yea, or anything else other than YES you will not be confirmed.
This will be my First Full Blown SMS Only Pick Since Soul and Vibe Interactive Inc Which Jumped over 700% in just 10 trading days!
This pick will be a mirror image!
I am coming back to reclaim my crown!
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TUNG - OTC Magic pick for tomorrow - don't expect much out of this one:
Good Afternoon Everyone,
I just came across a really exciting opportunity for tomorrow's session.
This one has been building a strong base over $0.20 at its 52 week lows and has a massive gap to fill to $1.50
My pick is Tungsten Corp: TUNG
Currently at $0.215 TUNG traded over $1.50 just a few short months ago and has been building a strong base over $0.20 at its 52 week lows. TUNG has formed strong support over $0.20 and has begun to wake up and trading volume has begun to accelerate.
All technical indicators point to a significant breakout coming to TUNG!
TUNG is a resource company focused on the development of tungsten deposits within the US. Significant upturns in the value of tungsten over the past decade combined with increasingly restrictive practices from overseas producers have created an opportunity for renewed interest in domestic production for the first time in over 50 years.
TUNG, which aims to position itself as a leader in the proliferation of this emerging sector has already acquired two enormous Tungsten Deposits in the Resource-Rich Western States of Nevada and Idaho.
TUNG's properties include 97 claims on the Cherry Creek property in Nevada which encompasses approximately 2,300 acres within a 36 square mile area that is 6 miles wide and approximately 6 miles long anomalous in Tungsten, silver, gold and other associated base metals as well as 100% of the tungsten mineral rights in the immediate vicinity of an area commonly known as the Wildhorse Mine property, located approximately 50 miles west of the town of Mackay, in Custer County, Idaho.
Tungsten is one of the few "must –have" metals in the world today and there is literally no substitute for it. Virtually all industry depends on tungsten and without it, many would grind to a halt. America's need for reliable tungsten supplies has never been more crucial and this is what makes this situation so explosive!
TUNG is in the right place at the right time; as the American tungsten mining industry slowly comes back to life TUNG is poised to dominate this space and the potential is massive!
Technically speaking TUNG is a leashed beast right now and once the chain is cut we feel it could be one of the most talked about OTC companies on the market. From current levels, TUNG could be a massive winner. The stock has just started to trend upwards off its $0.20 base on growing volume.
As I said before all technical indicators point to a significant breakout coming to TUNG!
Get Ready for Breakout!
Sincerely,
Marco Magic
PCWT finally crashed today. Gotta give APS credit - after screwing over everyone with PWEI, this was actually a good promo with a nice steady increase, good high, and plenty of signs/time to escape the crash. Put on watch now for a bounce, which may come tomorrow. I watched L2 on the crash - .095 had large support; if it holds again tomorrow, could see a 30% bounce. This is a high risk play of course - could shed another 30-50% tomorrow before the bounce. If it dips at open and .095 does not hold, I would expect it too fall hard.
Penny stock blog below. I know some here were trading ACYD - hope you get a hold of it as it was the big winner today. Overall, the markets were shaky again today with the default looming. Presumably, they will come to a resolution soon and the markets will rally. The government shutdown was one thing - it has happened before - but defaulting on treasury bills seems improbable.
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Hi Everyone & Welcome New Subscribers,
After an exciting day yesterday, we saw several small caps trade down today with little opportunity on the long side. There are always movers and shakers though, you just have to find them. We've got a completely new list for tomorrow.
WTER – Volume/Promotion - (Alkaline Water Co.) - closed up 13.51%, at .605c a share, on over 1.1 million shares traded today. The Alkaline Water Company, Inc. are the developers of Alkaline84 - a lifestyle product delivering a refreshing and economical way to achieve maximum hydration while maintaining and benefiting from balanced pH. Shares closed just off today's high of .61c and made a nice rally this afternoon into the end of the day. If the stock can break past today's high tomorrow, and hold over it's 50 day moving average at .61c as well, it could test .70c again soon. Keep it on close watch for a quick trade.
GSAT – Potential Continued Breakout - (Globalstar Inc.) - closed 3.08%, at $1.34 a share, on over 6.2 million shares traded today. Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to commercial and recreational users in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Shares closed just off today's high of $1.35 after turning green this afternoon before confirming heavy support near $1.20. Volatility has been on the rise lately, which is a reason to exercise caution and trade the stock out quicker than you normally would while we wait for the dust to settle. Keep it on close watch tomorrow nonetheless.
ACYD – Potential Continued Breakout - (American Community Development Group, Inc.) - closed up 88.83%, at .0355c a share, on over 18 million shares traded. The Company announced a completed merger with Wialan Technologies, Inc. on August 23rd of this year, and since the share price has taken off from near .001c a share to a new 52 week high of .0359c. Wialan is a next generation telecommunication provider with a fast-track growth model. Their proprietary and patented internet platform boasts features that are superior for their market segment. Wialan has already established a track record of successful installations that include airports, municipalities, apartment buildings, parks, marinas and other. While little information is available on the ACYD, shares continue to be bought up as if they're running out of inventory. Fear not though, the Company has a market cap of more than $43M before even releasing a single financial statement. This could turn out to be a nice trade off another 52 week high breakout tomorrow, but we would use extreme caution with this one. If it sounds too good to be true; it always is. Keep it on watch.
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Stocks To Watch Wednesday 10/09/13 - SGLB PHOT EWSI
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There was plenty of opportunity in the stocks on our watch list for Tuesday, with two out of three closing in the green and the other consolidating some after creating new highs. Tomorrow's list looks even better than today's.
SGLB - Potential Continued Breakout - (Sigma Labs, Inc.) - closed up 18.74%, at .083c a share, on record volume of more than 22.5 million shares traded today.
Sigma Labs, Inc. was founded by high-level scientists from the world-renowned Los Alamos National Lab. Sigma Labs is bringing to market advanced manufacturing, materials and process monitoring technologies that will serve their clients in many ways. Shares of SGLB have been trending higher since the beginning of June, from lows near .025c to a new 52 week high of .146c today, where the stock closed. SGLB rallied higher after breaking it's previous high of .135c and never looked back. If the stock opens up too much higher than today's close, it may be better to ignore it, but if it can hold support near it's previous high and create another new high, expect it to test .15c and above. Keep it on close watch.
PHOT - Potential Continued Breakout - (GrowLife, Inc.) - closed up 6.37%, at .0618c a share, on over 8.32 million shares traded today. GrowLife, Inc. is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. PHOT has been on our watch list for many weeks, and we have mentioned it several times, but it has continued to hold up well and keep it's uptrend in tact. Shares closed at today's high of .0618c, which puts them in a strong position to keep moving in the right direction for longs. Keep it on close watch.
EWSI – Potential Continued Breakout - (E-Waste Systems, Inc.) - closed up 1.01%, at .05c a share, on over 1.23 million shares traded today. EWSI was established to create a market-leading, integrated business in the emerging waste electrical and electronics equipment ("WEEE") industry, targeting businesses facing regulatory or other mandates for handling e-waste. EWSI announced today that it had signed an MOU with Cerebra Integrated Technologies Limited ('Cerebra'), a publicly traded company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The agreement calls for the creation, in Bangalore, of the largest E-Waste facility in India, using EWSI's ePlant1000(TM) technology. Read the full release, HERE. Although not completely definitive under the terms of the agreement, today's news for EWSI provides further insight into the direction of the company, it's superior fundamentals, and worthiness of a continued watch as financials for the 3rd quarter are soon released. While it has provided for a trade of up to 20% from our alert less than 3 trading days ago, it has held support higher, and may turn out to be a great long term play as we initially suspected and highlighted in our profile. Keep it on close watch.
ISCO looks quite interesting - not sure yet what the catalyst for today was. The July crash was a typical stock offering far below the close price - offer was at .15 - close today at .173 - big pop was .19
AHs showing signs of a bounce - will have to see if follows through at open. If so, there will be a lot of bargains.
An interesting ticker today was CVM - down 30% as it priced a share issuance below its prior day close (we have seen than many times this year). Interestingly, it fell below the subscription price of $1. I will be keeping this one on watch for a bounce.