Friday, May 31, 2013

New Watchlist - ECTY, XRSC, PXLW, WPCS, SPIX, MZOR

ECTY ECOtality, Inc., together with its subsidiaries, engages in designing, manufacturing, testing, and commercializing electric vehicle (EV) charging and energy storage systems in the United States and internationally. Read its complete profile here

Why Buy? With growing buzz about Electric Vehicles (EV) by Tesla (TSLA), Nissan, BMW etc, the buzz about their charging stations also grow. Ecotality is the leader in this growing business. EV drivers can own a Blink charger (from ECTY) at home as well as join a growing community of EV drivers as a member of the Blink Network. Ecotality had a head start. It has received $115 million in grants from the U.S. government since 2009 to deploy more than 13,000 stations and has completed 80 percent of that goal. The San Francisco-based company recently signed a deal to put chargers in front of 225 Kroger Co. (KR) grocery stores and recently in Texas Instrument campus. Customers pay $1 to $2 an hour to power up.

Trading volume was a 12-fold increase from the three-month average for the shares, which have almost tripled this year. Vista Partners has initiated coverage of Ecotality with a 12-month price target of $3.70.
Revenue for 2012 increased 93 percent to $54.7 million, according to a statement released after the close of regular trading yesterday. The San Francisco-based company said its fourth-quarter net loss narrowed to $2.28 million from $6.7 million a year earlier.

Downside risk is $1.50 and upside potential is $5. 

PXLW Pixelworks, Inc., together with its subsidiaries, designs, develops, and markets video and pixel processing semiconductors, and software for digital video applications. Its products include ImageProcessor integrated circuits (ICs), which comprise embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems, such as projectors and high-resolution flat panels. Read more here.

Why Buy? 
1. Breakout . Stock has been on tear since 05/22 and closed at $3.52 its 52 week high today. Stock is poised for more breakouts in the future but it got to pull back to its 4 EMA of $3.20 before continuing its run.

2. Bullish Comments from CEO: PXLW reported its 1st Quarter earnings on 04/25 and there were not impressive click here. However, the CEO said "Despite these first quarter challenges, we expect our robust IP licensing pipeline, strong design win activity, and ramping of new products to contribute to topline growth in the second quarter and for the balance of 2013. As the industry begins a major shift to higher resolutions across all screens, we remain focused on capitalizing on this trend and applying our industry-leading video display processing technology to deliver the highest quality video experience to displays of all sizes.

3. Recent collaboration with Sony - Click here

This is speculative micro cap stock with high risk/reward if it works out. If PXLW speeds up their collaboration with other manufactures like Samsung or others then it will be a big win for the stock. They have 18 million outstanding shares and 11 million in float (yes low float again !) with $12.6 MM in cash and $2.3 M in long term debt.

Chart looks robust and again like I said it should pull back little bit (4 EMA) to move higher. Downside risk is $2.75 and Upside potential is $5.50 - $7


Other stocks include XRSC..volume spike and nice price action...next stop probably is $2.75, WPCS low float reverse split...$3.80 closed...upside $6, SPIX..sexy numbers in hot sector, downside $32 upside $100, MZOR - new listing on Nasdaq..Israeli based Medical instrument company...compare with ISRG...excellent growth in the recent quarter, click here and management is very bullish on the future...CMP $11.50...downside 10.80, upside $15-$18...big move ahead for these stocks.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

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Who is Mr.Incredible?

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Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!