IWEB, STXS & Extended Watchlist


IWEB provided us with a couple of chances for solid gains over the past three weeks, running from .024 to .0355, and then again from .023 to .04. Early on this week it has consolidated, and is currently holding support off of the 50DMA. What we’re looking for here, is for the stock to post higher lows and higher highs to signal to us that it is ready for a reversal.

In addition, the company continues its efforts to expand into a full-range cloud services provider, announcing yet another prestigious university that has chosen IWEB for its cloud computing needs. Read the PR below outlining the University of Southern California’s recent order:

STERLING, Va.–(BUSINESS WIRE)– IceWEB Storage Corporation – (OTC BB:IWEB) today announced that the Company secured an order from the University of Southern California for up to 5,000 users.

“USC chose an IceWEB 2200 2U IceBOX storage appliance with 8TB capacity expandable to 48TB.” Said CEO Rob Howe, “The IceBOX solution meets their exacting requirements for a private cloud collaboration platform… This is another step along our path to our new strategic transition from hardware and software only to Complete Cloud Services.” >>> FULL RELEASE

Stereotaxis, Inc. STXS

In case you missed yesterday’s afternoon update, STXS, after appearing in our morning report, went on to yield potential gains pushing 200% in a monster run that ranged from 2.33 up to 6.90. This, on the strength of an FDA clearance for one of their flagship products (already a success in Europe), and along with it the go-ahead to introduce it into US markets.

Not only is fairly uncommon to see a double-bagger in a single session, but even more of a rarity when it comes in the form of a NASDAQ-listed stock, so a big congratulations to anyone who was able to take advantage of this anomaly.

Extended Watchlist:
MTOR, BEAT, VICL, VUZI (gapping down, potential bounce-play)

AACS, GRPR (two sub-pennies with momentum as of late)

NVIV has pulled back after recent run, monitoring for support to offer a re-entry