Progressive Care, Inc. RXMD
The only ones not to receive the addition of RXMD in our premarket reports yesterday were our Blue Horseshoe Stocks email subscribers. It was a late-add to our watchlist, and the BHS email had already been published.*
Members of our other lists, our live traders chat members** or readers of the Blue Horseshoe Stocks blog did receive the alert before market open, in time for one of the most epic runs we’ve witnessed in quite awhile.
We witnessed a crossover from subpenny territory at the stock’s morning low of .009, and RXMD was driven deep into Pennyland, as it peaked at a PPS of .049 at around 12:45PM. That represented an astronomical 444% intraday swing. Volume exceeded the 3-month norm by more than 25X.
With that kind of momentum built up, we’ll be certain to continue to track the activity in RXMD as this exciting trading week comes to a close.
*RXMD serves as a reminder to our email subscribers that situations like these do occur, where we catch an opportunity at the last minute, which is why we suggest subscribers of all of our lists also navigate to BlueHorseshoeStocks.com daily, as the most updated version of our reports will always be posted there prior to market open.
**Our live traders chats are conducted on Skype and are open to all of our readers. Send contact request to ‘stocksumo’ for admittance. Below you can see the snapshot of when we handed the idea off to the room:
Cleveland BioLabs, Inc. CBLI
CBLI was one of the main points of focus in yesterday’s premarket report. We caught it in the midst of a premarket Blue-Sky Breakout in the wake of the announcement that the company had entered into a beneficial equity financing arrangement that will yield something on the order of $25M. >>Read PR
We stated that “whenever we run across a stock in this position we’re always on the lookout for dip-and-rip scenarios” and pointed to the 200DMA of 5.35 as the minimum level where we’d need to see support hold on any early pullbacks.
We got exactly what we were looking for as CBLI underwent a slight dip, holding safely above our identified level as it rebounded off of the 5.40-mark, and went on a strong run to a high of 7.24. That was good for intraday gains of up to 34% before it began to pull back. There was also a subsequent swing from 5.75-6.35 for an added 10% move.
Dominovas Energy Corp. DNRG
DNRG was a stock that we tagged earlier this month on the 3rd, and at the time we observed an awesome 150% single-session run from .005-.0125.
Things largely quieted down for the stock until Wednesday of this week, when it began to stir once again. Yesterday it absolutely broke out on an incredible intraday run from .065-.228 (+250%).
Hypothetically, anyone to have picked it up at our observed low of .005, and held to yesterday’s peak could have been looking at gains on the order of a mind-numbing 4,460%
A move like that in a period of just 17 sessions makes DNRG one of the biggest gainers we’ve tracked in recent memory.
Extended Watchlist:
GIGM, LPTN, CUR, DGAZ, MBHC