Stocks To Watch 01/29/13 – NTEK SWVI JAMN ECAU

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ECAU has continued to be an absolute monster since we put it on watch, hitting a new high of $2.44 today and closing at $2.42 up another 45.78%. There is no doubt promotions like ECAU are few and far between these days and that it will likely be remember as one of the best, if not the best, promotions of 2013. ECAU is up 175% since our mention at .88c. 



NTEK  Continued Momentum – (NanoTech Entertainment Inc.) – closed up a whopping 136.47% today at .0201c a share on over 59.3 million shares traded. Shares closed at high of day with momentum very strong into the close. NTEK was featured on the top of our blog watch list this weekend after the company announced very solid news of a completed buyback of 10% of NTEK common stock. The stock opened above key resistance at .01c which set the precedent for how the rest of the day would shape up. There is no doubt NTEK was one of the hottest stocks in the market today, if not the hottest, and it’s likely to move at
least a little higher after today’s close. Keep it on close watch.



SWVI  Momentum – (Swingplane Ventures Inc.) – closed up 20.26% today at .3211c a share on over 10.5 million shares traded. The stock traded higher almost the entire day and almost methodically created new highs throughout the day, closing over resistance near .30c. We aren’t 100% sold on the mid-term possibilities of SWVI yet and are still happy with the gains these promotions provide on the day of announcement versus the risk/reward thereafter. If the infamous CFM (Capital Financial Media) hops on board like they did with FARE, it will perk our interest for additional trading opportunities. Keep it on close watch.



JAMN  Volume/Momentum – (Jammin Java Corp.) – closed up 66.67% today at .37c a share on over 3.5 million shares traded. The stock is a former big budget promotion that had made major moves in years past, but has perked up recently after finding a short term bottom. Shares traded higher almost the entire day today, and the amount of money being poured into JAMN again can’t be ignored. Look for the stock to potentially test .50c if this keeps up. Keep it on close watch.



ECAU – Volume/Promotion – (Echo Automotive Inc.) – closed up another 45.78% today at $2.42 a share on over 8.3 million shares traded. As stated in tonight’s introduction, promotions like this are few and far between these days, and there is little doubt in our minds that ECAU will go down as one of the best campaigns in 2013. Take a picture of the chart today while it’s still pretty because their is never a doubt that these big budget pump’s don’t end pretty. Don’t get caught up in the pump if you’re still in and trading this. Today was a very dangerous day for shorts (and longs for that matter) and there we’re likely a few betting against the strength of the stock today that lost, but could come out victorious tomorrow. Any rapid price dips may still be good for quick trades. Keep ECAU on close watch.



Happy Trading!

The Penny Stock Experts Team at Todayspickis.com



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