Blue Horseshoe Stocks: AMDA Recap & More


Amedica Corp. AMDA

We want to begin this morning by highlighting the performance of AMDA last week. We put this one on our radar on Tuesday, and would witness a heck of a run which culminated in an extremely strong session on Friday.

On Tuesday following our alert, we observed a low of .3851, and after registering higher highs and higher lows throughout the middle of the week, AMDA hit a new high of .6199,  which accounts for an intraweek swing of 61%

For a stock trading in that price range, we’d call that a top-notch four-session performance!


Fresh Ideas

We’ll also add a couple of newcomers to our radar this morning. We’ve got an energy play and a mining play that are both are coming off of rough outings on Friday:

Uranium Energy Corp. UEC fell below $2 for the first time since April during Friday’s session, so we’ll want to be open to possibility of a possible bottom-bounce here. Today the company revealed that it will be added to the Russell 3000® Index and the Russell Global® Index, effective this Friday. >> Read PR

Great Panther Silver Ltd. GPL also took quite a beating to wrap up the week, falling to the low .30’s. In premarket trading today the stock is back above .40, so we’ll be on the lookout for a continued rebound here as well.


Extended Watchlist:
BLRX, CNIT, SGYP, FRO