Uranium Resources, Inc. URRE
First thing this morning, we want to highlight the recent performance of URRE, which we slated for tracking in last Friday’s report. It has since made an appreciable move to the upside that is worthy of note.
We saw shares changing hands for as little as 1.62 before yesterday’s session carried the stock to a new high of 3.94, demonstrating a rise of 143% in just a few days’ time. Yesterday’s big push also came on record volume, to the tune of more than 25M shares traded.
It puts the stock in unprecedented territory in terms of momentum, so we’ll be very interested to watch the activity unfold from this point forward. We would have to surmise that a signifcant dip-and-rip could very likely take place at some point in the near future, so we’ll be looking to time that to our advantage.
OWC Pharmaceutical Research Corp. OWCP
Continuing along with our coverage of OWCP’s stellar performance this week, we have yet another new high to report this morning. We mentioned yesterday that the stock was trading at its highest prices since 2014, a fact which firmly designates OWCP as a Blue Sky Breakout play, and lo and behold, the breakout was destined to continue for yet another session.
The stock traded in a range from .26 to .41, an intraday pop of 58% which occurred on the highest volume in more than two months. The new high achieved pushed our already mind-melting observed range on the stock since our alert on September 29th, to an incredible 9011% in less than ten weeks!
Like the above-mentioned play, OWCP is now in uncharted waters, trading at its highest PPS levels of all time, and thus must be characterized as a Blue Sky Breakout, and treated as such.
PM&E, Inc. PMEA
Also coming out of yesterday’s premarket report to make quite a respectable intraday move was PMEA. This subpenny play traded in a range from .0008 to .0015 for a solid 87% move on the day.
Incidentally, it represented the third mention of the morning yesterday that would go on to set a new all-time high!
Galectin Therapeutics, Inc. GALT
Lastly, we want to radar an unfamiliar stock in GALT this morning after noticing a ripening chart setup. We have included a snapshot below pointing out the various aspects that we find attractive.
We’re going to place GALT on watch in the days and weeks ahead. A filling of the highlighted gap on the chart and return to September pricing, from current levels, would be a move of more than 100%
Extended Watchlist:
VAPE, PURA, SNMN, OBMP, HEMP, TBIO