Not a TON on scan, more oil plays than anything…

MDII always been a good short after a few days on squeezing this has ran to $3 from these levels before, obviously pre dilution but can test $.70+ of momentum carries over, however one thing is for sure, it always meets gravity and goes right back to where it began - profitability is cool, but only if they can sustain it through next quarter

EDIT - REIS was a buyout - took off scan

Below I’ve copied a scan from a while back where for oil plays. These will all be good shorts as soon as their sympathy bounces cool off, they are all in bouncing range

MXC Mexco Energy Corp resistance around $30

PDO Pyramid Oil Co

TGC Tengasco Inc

NOG Northern Oil & Gas Inc Nev

KOG Kodiak Oil & Gas Corp

ROYL Royal Energy Inc

SSN Samson Oil & Gas Ltd

FPP Fieldpoint Petroleum Corp - Watch for the squeeze over $4+ probably

Lots of movers today as we saw in chat - check out these sub penny stocks HERE.

LBAS still on a tear HERE.

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SQNM I’ve been trading a lot the past few weeks along with ROYL due to its tendency to swing between .25-.50 cents numerous times per day. BUT, the past few days here its been tightening up and not providing as many opportunities. I’ve got it on radar now because soon some volatility will come in, either a squeeze towards $18 or it will top off - as shown below on the ROYL chart - as ROYL did today. So worth having up on your screen for the flippers.

ROYL

From Scan HERE. EGI perfect breakout over $2.00 after the $1.80 break. Great .40 cents profit, watching for a gap and crap tomorrow

EGI  Entree Gold Inc. Nice consolidation around $1.50 for the past 2 months, it double topped at $1.80 Friday - I’d be a buyer on dips if it holds Friday’s gains, and add on a $1.80 break. It may head straight towards $2.00 on the break. (EGI)

COIN  Converted Organics Inc - let it run out of open, after a potential gap then I’m monitoring for the short. It has room to run towards $8.

TGC  Tengasco Inc nice move today, the $2.70 break sent it soaring towards $3. Tomorrow may bring a gap and run at which point I’m looking for the short back under $3. No reason to fight the trend, I’ll wait for it to top. Today’s move good for $.30 cents so far from the $2.70 break.

TGC from scans breaking to new highs, $2.70 may send it to $3, I’d like to see it test that out of the open and on weakness I’m looking for a short, if it can take out $2.50 support I may hold the short back towards mid level $2’s

HYGS  Hydrogenics Corporation - didn’t fail to $2 break, in fact broke it and squeezed and made for a nice intra day short from $2.22 to $2.07 for me as posted HERE.

HYGS on failure to break $2 I will short, this can sit back quite a bit coming from lows of $.50 and near 400% gains

Tonights scan really didn’t produce ANY results. So I have two of interest directly below and then went back through some previous scans and found charts that have set up for their next move.
Watch these Oil and Energy plays for volatility:(MXC) Mexco Energy Corp (PDO) and Other Crazy Energy/Oil Plays

There were a few other scans tonight you can find buy either scrolling down or “previous page”

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ROYL Royal Energy Inc - This is an EXCELLENT day trade there are many swings both long and short. The volume is enough to get in and out and play bigger for that quick 10 cent scalp or smaller and wait for the .30 to .50 move.

QMNM Quest Minerals & Mining Corp - This thing that burst out of no where should be a good bounce tomorrow, the volume is still there, trading nearly $8 million dollars for the second day in a row. Pretty amazing - this very well could test .05 again given a bounce, but until it turns its a bit questionable. It had news after hours so may propel it out of the bell as long as their are more buyers than sellers.

Scans from previous charts:

IPSU from scan HERE - held the $14 and broke higher, watching for a move towards $16.

IPSU great move today watching for more of a move tomorrow, needs to hold $14 as support for a confirmed reversal - HERE

IPSU Imperial Sugar Co New - coming off bottom, I am a buyer on the $14 break for breakout towards $16 - HERE

BOLT played out nicely from scan - it has since consolidated and looks likes its ready for more. Keep an eye for the $24 break for a squeeze towards $26.

From previous scan HERE.

BOLT Bolt Technology Corporation - broke out of consolidation today, $22 breaks it still has room to run, look back to last April, it can hold its gains for multiple days before giving them back, so I’m watching for a spike on the long side followed by a correction of at least $1-1.50 if it test $23-24.

NVTL - a great play on the $12 break, its come right back after consolidation.

Novatel Wireless Inc (NVTL) sitting just below $11 - this has closed the gap from mid April and is in squeeze mode after testing the $10 support today, watch for dips for the move towards $12+

MYEC - down 50% since writing about it HERE and have also since covered my short. Yes I think it will break below $2.00 but it can also bounce quickly on low volume and my hunch is it’all probably attempt to below falling below $2.