Legend Oil & Gas, Ltd. LOGL
We’re wrapping up what has been one of our most fruitful weeks of 2015 so far by taking a look at the move LOGL made after we flagged it in yesterday morning’s premarket report. It isn’t too often that we run across a play that goes from a low-subpenny PPS to barrel its way well past a penny in a single session, but that’s just what happened.
The stock rose steadily from a morning low of .0038 until early afternoon, when it broke through the 200DMA of .0077 and then really took off, reaching a high of .017 on volume which exceeded the monthly average by nearly six times.
That incredible run gave our readers the chance at intraday gains of up to 347%, so hearty congratulations are in order for anyone who was able to take advantage of our timely call!
The huge move was driven in part by the same acquisition news released Wednesday morning, which caused us to flag it in our extended watchlist at that time.
Cytori Therapeutics, Inc. CYTX
We tracked CYTX to modest gains earlier this week, and yesterday the stock really began to move on news that the FDA had given clearance for CYTX to expand the scope of clinical trials of ECCS-50, a treatment for Scleroderma. >>> READ PR
From an early low of .78, the stock trended up to a late afternoon high of 1.25, which registered as an 60% intraday run on huge volume of more than 20x the 30-day average!
Options Idea
We also have a possible daytrading idea for Monster Beverage Corp. MNST which is gapping up in the premarket today. The company just beat earnings expectations, sending it into blue skies.
In the likely event that we see a continued uptrend, we’re going to be looking at Weekly $135-137 Calls for potential quick-strike trades.
Extended Watchlist:
MGT, CLNE, ARCP, DARA, PPHM, SD