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.
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