Monday Stock Alerts SLW, PROP

POT, PROP, SLW, NSAV, SPY


Potash (POT:NYSE) This Ag play is very interesting. Does the decline in the dollar create a rally for POT or does the potential lack of global demand reduce shares to dead money at best ? The Ag’s deserve to be watched, but POT could be extremely complex to trade in this environment.

Propell Corp (PROP.OB) Shares of PROP still have not retraced from last week’s gap up, but the promo may run out of steam due to sentiment. Remember, hot money sometimes only goes as far as the broader market will take it. The 12 cent level seems to be a guide for short term support.

Silver Wheaton (SLW:NYSE) This silver streamer stock is another way to play the 2nd hottest metal on the street. Shares SLW and silver mining penny stocks may get another look from traders with the Standard and Poors U.S. debt credit downgrade. Mainly because most of the group are trading at a fair distance off of their highs.

Net Savings Link (NSAV:OB) This is worth mentioning solely because NSAV is a hot penny stock that has undergone a symbol change. The old symbol (CXLT) was a potential Groupon IPO sympathy play, and the charts seem to be against this name on a short term basis.

S&P 500 ETF (SPY:NYSE) Throw the longer term charts out the window on Monday, because we are in unchartered waters. Scalpers may have a ball tommorow playing intraday charts, but regardless of your bias, swing trading on the broader indexes should probably be avoided.

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JCOF To Report Earnings Next Week

JCOF JCOF To Report Earnings Next Week 

JAVALUTION COFFEE (JCOF)

 
JAVALUTION COFFEE CO (PINK:JCOF) shares are showing very unusual volume over the past couple of weeks with the stock moving in broad range of $0.64-$0.95.
 
On June 23, 2011, JCOF issued a statement stating that Richmont Holdings has increased its holding in JCOF by excusing 10 million of its warrant. On the same day, shares of JCOF climbed about 18% on heavy volume.
 
The stock then corrected to the level where it started to move higher within next 4 trading sessions on high volume.
 
On June 30, JCOF said that it has set its effective date for its merger with Youngevity Essential Life Sciences on July 11, 2011. It further added that JCOF will report Second Quarter financial earnings on July 11, 2011 as well.
 
On June 17, JAVALUTION COFFEE CO (PINK:JCOF)  had announced that it has reached an agreement to merge itself with Youngevity Essential Life Sciences, a private global direct marketing company.
 

JCOF Merges With YOUNGEVITY

 
On July 05, the stock gained 20% as investors are betting on JCOF earnings.
 
JCOF had a total outstanding shares of 152.80 million with market capitalization of $125.30 at the current market price. JAVALUTION COFFEE CO (PINK:JCOF)  had revenue of $4.17 with net loss of $1.43 million shares.
 
 

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r a penny share.

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Dunkin Brands IPO Plays Under $15

dunki Dunkin Brands IPO Plays Under $15

Dunkin Brands IPO – DNKN


As many of our readers already know, we have highlighted Dunkin Brands and other coffee stocks several times in the past month or so. From what we are hearing so far at PSE, the pending Dunkin Brands IPO should be size-ably oversubscribed. So just like many other anticipated IPO’s of the past, the pure anticipation of the Dunkin Brands deal can easily influence the shares prices of coffee stocks, especially small cap and penny stock issues.

Right now, many investors don’t realize that coffee is now the best selling product at Dunkin Brands. And while DNKN still makes doughnuts and owns Baskin Robbins, the anticipation of the offering could potentially impact several coffee related names. For now, we will highlight four. So if you can’t get Dunkin Brands IPO shares and are looking for alternatives or sympathy plays, check these names out. They are listed below:

Dunkin Brands Ipo Compliments JAMN


Jammin Java (JAMN:OB) This coffee distributor stock doesn’t have retail outlets and has run up on questionable PR’s only to fall back. However, it may have one more run in it if a promotion runs at the same time as the Dunkin IPO. JAMN also has a wide following and despite the lack of substance, shares are somewhat oversold.

Caribou Coffee Company (CBOU:NASDAQ) CBOU operates 534 coffee house and has sort of been a small cap darling this year with the advances made in the coffee sector. CBOU is exactly the type of stock that could have it’s valuation reset if Dunkin Brands trades considerably higher. Keep in mind that CBOU has consistent revenues is profitable and had a smaller market cap than JAMN just a short time ago.

Krispy Kreme (KKD:NYE) We have profiled KKD before and touched on it’s comparison to Dunkin Brands. KKD is not a true coffee play, but could catch attention from momentum traders based on KKD’s impressive earnings turnaround, small market cap and past comparisons to Dunkin Doughnuts products. There is some resistance at $10 though, but keep KKD on your stock list.

Baristas Coffee (BCCI.PK) This a super speculative pink sheet coffee chain with a drive up, Hooters type baristas twist. BCCI does generate a small amount of revenue, and bottom fishing penny stock traders could step in after it’s recent decline. Odds are that BCCI doesn’t participate in the Dunkin Brands sympathy trade, but is still worth adding to your penny stock list on a just in case basis.

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Stocks to Watch for Thursday APOL, FCX

 

APOL, POTG, FCX, TWER, WTFS

 
Apollo Group (APOL:NASDAQ) The flagship stock of the for profit education stocks seems to be on the path to a breakout. APOL has been up seven out of the last eight trading sessions, and despite the fact that there is a gap to fill on the down side there isn’t much resistance until the $52 range.
 
Portage Resources (POTG.OB) Shares were up nicely Wednesday on decent volume. As far as a read goes, the double top is still in play at $1.24, and POTG is starting to develop that penny stock beast look, at least for the short term. The news of POTG’s recent acquisition and a quality promo could make the stock a quality trading vehicle for the next few weeks.
 
Freeport McMoran (FCX:NYSE) Shares of FCX were up again on Wednesday, but closed off of the highs of the day. Since some traders look at copper prices and copper stock performance for broader market direction, the series of lower highs in FCX may concern some.
 
Towerstream (TWER:NASDAQ) TWER is a classic example of low priced stock traders buying a head fake breakout. Shares were added to the Russell 3000 in late June and the chart has done nothing but bend lower recently. It’s probably too late to short TWER, but it’s probably not wise to go long either.
 
Xinde Technology (WTFS:OB) We highlighted WTFS and Chinese Reverse Mergers just a little while back. We also mentioned that Bob Passani of CNBC is always looming with his skepticism on the group. Shares of WTFS can’t seem to get out of their own way, so despite Wednesday’s nice pop, it’s hard to imagine any sort of sustained rally in this name. The 12 cent level remains the line in the sand on a technical basis.
 
 

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Stock Alerts GLUU, POTG

MCP, POTG, BAC, GLUU, AA


Molycorp (MCP:NYSE) Along with the rest of the rare earth group, shares of MCP are looking weak. Tuesday showed a decline and despite the fact that the volume wasn’t especially heavy, MCP could have eyes for some lower support levels. There is also a gap to fill on the downside.

Portage Resources (POTG.OB) This super hot penny stock has been flying recently and the volume has been simply terrific. There is a potential double top at $1.24, that could spur either a breakout or additional profit taking if shares reach that level. Regardless of your bias, add POTG to your penny stock list.

Bank of America (BAC:NYSE) Three down days in a row could create some bottom fishing activity mid-week, but there is not a ton of technical support below these levels and the vibe in BAC is terrible. It’s probably best to stay away unless you have a super long term time frame.

Glu Mobile (GLUU:NASDAQ) We profiled GLUU in one of our recent Zynga IPO pieces. Shares of GLUU performed well on Tuesday and could see more action as the Zynga IPO date comes closer. GLUU has a market cap that is smaller than some penny stocks, so in a perfect, world it does have the potential for some nice percentage gains. But disregard the baseless takeover rumors for now.

Alcoa (AA:NYSE) Shares of this market indicator were down for the second day after posting earnings. While the decline isn’t large, the volume surely is and some large institutions might be bailing. There are some layers of support at slightly lower prices, but the sidelines seem to be safest on AA for now. Especially in this market.

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