BUGS – U.S. Microbics
Traders and Investors have the best of both worlds with BUGS. This is a combination of a Gulf of Mexico oil play and a seasonal hurricane play. Our money flow indicators have not seen this kind of trading action in five years. There has been a lot of money pouring into the stock lately and looks like it could go a lot higher. We are watching for the psychological .01 weekly breakout at any time. The stock will be news driven and should be paid attention to over the next 4 to 6 weeks.
ENTI – Encounter Technologies Inc.
ENTI appears to have put in a technical double bottom on the daily chart. The stock closed Friday at its 50-day moving average for the week. We are looking forENTI to challenge its most recent highs from early May. TSW sees the stock fully valued at .02 in the short-term.
HMIT – Hidalgo Mining International
After a nice two-month consolidation period HMIT is back on our trading screen. The stock looks poised to start another rally higher. With a nice solid trading base established we can measure our risk if we are wrong. TSW will be watching for a weekly close above the (.002) area in the coming weeks. HMIT is currently trading above its 50-day moving average and would be a major let down if we broke below this moving average again. TSW will be watching for any kind of news for verification of this move.
KATX - KAT Exploration Inc.
Traders and Investors held their breath this past week as KATX sold off heavily and looked to challenge the .10-cent psychological support level. We dodged a Bullet this past week as we held this level. It is critical that we hold .10 cents over the next several weeks and build a new base. KATX has established a very wide trading range between .10 and .20. Near term TSW will be watching to see if one of those numbers are breached on a weekly basis. The short sellers won this round, can the Bulls come charging back?
EVXA - Enviroxtract Inc.
Watching for a technical breakout above the 50-day moving average this coming week. A weekly close above (.007) cents will spark some serious momentum in the stock.
ESPH - Ecosphere Technologies Inc.
Here is a press release from June 12, 2010
IRVING, Jun 12, 2010 (The Dallas Morning News Former Cowboys quarterbacks Drew Bledsoe and Troy Aikman are investors in a group offering a solution to clean the water in the Gulf of Mexico as oil continues to spill from the BP well.
Ecosphere Technologies Ozonix water treatment system separates oil from water and would replenish the gulf and allow BP to reuse the oil.
Ecosphere has had meetings recently with BP, and Aikman and Bledsoe were part of a news conference this week in Louisiana with ocean explorer Jean-Michel Cousteau.
“We can be on site within 72 hours, cleaning water,” Bledsoe said.
WOLV – Wolverine Exploration Inc.
The stock broke below the critical .20-cent weekly support level to close at .17 for the week. If WOLV can hold its 20-day moving average and close back above .20 cents, the stock could set itself up for another leg higher. This will be a very interesting week to say the least.
QASP - Quasar Aerospace Industries Inc.
QASP continued to trade in a sideways channel all week long. Is the stock ready for another rally? With the stock trading right below its 200-day moving average, traders and investors will have their eye out for a breakout. A weekly close below the psychological .01-cent area would be very disappointing.
LBAS - Location Based Technologies Inc.
LBAS just announced a big approval on their technology with AT&T on Friday.
Check it out!
IRVINE, Calif., Jun 18, 2010 Location Based Technologies, Inc. (OTCBB:LBAS), a leading-edge service provider of personal, pet and asset location devices, received confirmation from KORE Telematics of AT&T’s (NYSE:T) laboratory completion and approval for both its PocketFinder(R) and PetFinder(R) devices.
LBAS is flirting with a breakout above its 50-day moving average. A close above .25 cents will spark some nice momentum in the stock.
THRA – Therma-Med Inc.
THRA presents a low risk trade as it just closed above its 50-day moving average for the week. As traders and investors we always need to be able to identify our risk when trading a stock. Using the 50-day moving average helps you define your risk. THRA is breaking a critical downward weekly trend line which is very bullish sign for the stock.
Win a free iPad! Once again, The Stock Wizards are giving away a free iPad to one of our newsletter subscribers!
Discloser, Disclaimers: http://thestockwizards.net/about/disclaimer/
Forward-Looking Statement: This press release includes “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. TheStockWizards.net is not a registered investment advisers or broker/dealer. TheStockWizards.net makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
PLEASE NOTE: TSW has not been compensated for any of the above company profiles. However, TSW may from time to time be compensated for such profiles. Any compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. When compensated by a third party, please be fully aware that the third party may have shares and may liquidate it, which may negatively affect the market. When TheStockWizards.net receives free trading shares as compensation for a profiled company, TheStockWizards.net may sell part or all of any such shares during the period in which TheStockWizards.net is performing such services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. In addition, there may be members on this board that receive compensation for particular stock awareness without telling members, so please always use your own buy and sell signals based on your own decisions. Any recent increase in volume or increase in stock price may be due to TheStockWizards.net representatives buying. The Stock Wizards intend to sell shares received as compensation for providing Company Background Information, sending opt-in emails, posting charts, videos, site moderation, consulting etc. We do not give price targets in any of our written or recorded material. TheStockWizards.net will not advise as to when we decide to sell and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. Please do your own research and make your own investment decisions. Always remember that TheStockWizards.net is not an analyst and we do not employ or contract any analysts. Investing in securities such as the ones mentioned on our website, in email, or consulted for are for high-risk tolerant individuals only and not the general public.
Release of Liability: Through use of this website viewing or using you agree to hold TheStockWizards.net, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources, which we believe to be reliable, but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TheStockWizards.net affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. TheStockWizards.net encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TheStockWizards.net makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. In preparing this publication, TheStockWizards.net has relied upon information supplied by its customers, and press releases, which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies.