Great Rock Development Co. GROC
As we were mentioning in yesterday morning’s premarket report, we tagged GROC last Wednesday at a low of .0055, and saw the PPS run as high as .0124 on Friday (+125%).
To kick off this week, GROC would perform well once again, and be just one of several timely alerts in our morning report. The stock briefly traded at .0095 early on in the session, and it would go on to register a daily high of .0148, which represented an intraday rip of 56%, and a four-session swing of 169% over our observed low last Wednesday.
We’ll continue to monitor the situation, as GROC closed on twice its 3-month average volume and with strength, maintaining the majority of its daily advances at .0139.
Plug Power, Inc. PLUG
We noticed PLUG gaining some momentum off of a recent bottom, noting multiple consecutive sessions of higher highs and higher lows. We mentioned that we’d be on the lookout for that trend to continue into this week, and that is the way it has unfolded.
The other things we said we’d be watching for were the filling of a small gap on the chart around 2.00, and a testing of the 50DMA of 2.13, and we witnessed the occurrence of both. PLUG managed a nice, steady move from the $2-mark up to 2.33 for a solid 16.5% increase, so again, we’ll keep our eyes open for it to keep recording higher highs and lows.
Embarr Downs, Inc. EMBR
EMBR was another stock from yesterday’s report, the activity of which would provide the opportunity for multiple successful swing trades.
From an early low of .0014 it broke out to the high-of-day at .0024 for an initial 71% jump, and that was followed by a dip to .0018 and a run back to .0024 (+33%). Just prior to the close, one more chance would present itself with a pullback to .0017 and return to its closing price of .0022, adding the chance at an extra gain of 29%
Greenway Design Group, Inc. GDGI
GDGI is a super-subpenny that we tagged yesterday after noticing some activity off of its low of .0002, and that activity not only continued, but increased. Roughly between 10:30AM-12:30PM, shares could have been snapped up at that .0002-level, and the stock ended up running into the close at .0004 for a smooth, 100% gain!
Great Basin Scientific, Inc. GBSN
We also want to raise an activity alert on GBSN, a stock we entered into the log three weeks ago as a bottom-watch play. It continued to peel back, setting new 52-week lows along the way, and we included a reminder for folks not to let it slip off a couple of Fridays ago.
After a patient three-week wait, GBSN has finally showed us what we had anticipated; yesterday the stock broke out from .0523 to touch a high of .0785, a nice, round, 50% run! We’ll be watching intently now, to ensure that GBSN will continue to establish a higher base of support and undergo a more sustained recovery.
Extended Watchlist:
TPIV, WGBS, WSTI, KATX