Stock Market Watch

NSRS, SPAH and Other Hot Penny Stock Updates

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This article is written by Stock Analyzer of Super Nova Premium

Good evening traders,

Tonight we are going to do a quick recap on a few of the hottest penny stocks and small cap stocks for the day. Before we do here is a quick look at how my “Premium” newsletter members are doing so far. As of 2/7/2012 my premium members have posted nearly $375,000 in profits on our 3rd party verifying site. Keep in mind we have 3 levels from that give you the combined profits of nearly $375,000. Click here for more details

Today we saw some great swings in the small cap and penny stock markets as ATRN ran from $.10 to $.135 levels for a 35% gain. SPAH opened at $.031 and hit $.04 for a 30% run early before pulling back and NSRS continued to show gains with a 10% move from yesterdays closing price.

The question as always is where do these stocks go from here?

NSRS has a very BEARISH “doji” candle forming on the daily chart right now along with major mental resistance at $1.75 which is why I am glad I have alerted my traders to sell this stock right now and lock in profits from our alert several weeks ago. If NSRS does start to fall then I would see support at $.78 and $.42 with a outside shot of NSRS falling all the way to $.10 cents which is where I originally said this penny stock might fall to.

SPAH had tremendous volume today but as I pointed out to my premium and elite members, the $.042 previous high appears to be too much for this stock to break though. Keep in mind the day SPAH hit $.042 recently it also traded a very high amount of shares which leads me to believe anyone who is stuck in at those highs will be more than willing to sell at a break even price therefore causing a major resistance point.

ATRN has had a solid three day run and has been making higher lows and higher highs for several weeks now. For this “uptrend” to stay in tact we would need to see ATRN hold over $.065 on any major pull back and then run up surpassing the $.135 high created today. Next mental resistance is at $.15 imo.

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About North Springs Resources Corp.

North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.

About Spectrum Acquisition Holdings, Inc. (SPAH.OTC Markets)

Spectrum Acquisition Holdings Inc., (“Spectrum” or the “Company”) is a new technologies engineering business serving the mining industry. It is developing “Small footprint” technologies including, Laser Guidance Systems for Diamond Wire Stone Cutting, Apparatus for Digesting Metal Ore with Bacteria and new Green Mining technologies that represent sustainable green mining innovations. The Company is focused on producing cash flows from its Western American Mining division and Avalon acquisitions, as well as, its proprietary Eco-Mining Technology.

Spectrum is executing a three-pronged strategy for growth. The Company is acquiring interests in high quality, low-risk gold projects with past production and sizeable resources. Spectrum is developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production and processing. Spectrum is also pursuing acquisitions of mining sector service companies including operators, mine site service providers, equipment manufacturers, geology firms and technology developers.

Atrinsic, Inc. operates as a direct to consumer Internet marketing company. The company sells entertainment and lifestyle subscription products direct to consumers through the Internet. It offers Kazaa, a subscription-based digital music service that enables users to download music files and ringtones; GatorArcade, a casual game subscription service that provides access to digital games, arcade games, strategy games, puzzles, and mobile entertainment; and subscription-based lifestyle services and clubs, which offer consumers an access to shopping and entertainment coupons and other services that could be redeemed online. The company also develops and manages search engine marketing campaigns for third party advertising clients, as well as offers online marketing services, including a display media platform, online and business intelligence, and brand protection. In addition, it enables advertisers to use its affiliate network to create partnerships with publishers to drive Website traffic, customer acquisitions, and online sales. Further, the company provides lead generation services. It serves corporate clients, advertisers, and end user consumers.

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Jeff Williams (Top Stock Picks)
Post Written By: Jeff Williams
My name is Jeff Williams of TopStockPicks.com. As a trader, I have spent the last 15 years navigating and scanning the penny stock markets. I don’t know anyone who has the breadth and depth of penny stock experience that I do. Through my proven methods I have consistently found some of the markets biggest and most profitable trades…and the great news is that I will share them with all of my subscribers. Signup for my newsletter at TopStockPicks.com

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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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