Blue Horseshoe Stocks: DRIO Update & More

LabStyle Innovations Corp. DRIO

After bringing us cumulative gains of nearly 150% over the course of two spikes since we first picked up on DRIO back on on August 26th, the stock continued to pile on the opportunities yesterday.

We saw it open at a .13 and make a solid 26% intraday run to .164 just prior to the close on nearly twice the one-month average volume. The chart still looks very good, with the RSI just having crossed above oversold status, and the MACD looking bullish as well. As we’ve pointed out below, we caught the bottom on this one perfectly, seeing a steady uptrend since our first tag of DRIO.


Hemispherx BioPharma, Inc. HEB

HEB showed continued resilience in coming up off recent lows after appearing in yesterday morning’s extended watchlist. The stock would trade in a range from .303-.364 on more than 12x the average volume. That was good for a modest yet solid intraday run of 20% and we’ll continue to keep it on our radar moving forward.

Yesterday’s run was fueled in part by the announcement that the company would be working with USAMRIID (U.S. Army Medical Research Institute of Infectious Disease) in studying the effectiveness of two drugs against the ebola virus. >>>Read PR Here


Alkame Holdings, Inc. ALKM

We’re observing significant trading action from ALKM in the pre-market this morning, catching it off one of our routine scans. We noticed the company had a notable distribution agreement in Hawaii this morning which you can >>Read Here. One look at the chart shows that ALKM has recently been recovering from its 52-week lows. This is a stock that we will definitely want to put on our radar as we head into mid-week.


Extended Watchlist:
LUNA, SCOK, CRNT, THLD, CTIC