MIMVI, Inc. MIMV
We are introducing MIMV to those of you previously unfamiliar with the stock. We are calling this play a hi-octane momentum mover; the company had news with tech supergiant, Microsoft, out yesterday and the PPS went bananas. It rocketed to its highest price since March, on record volume of over 26X the 3mo. average.
We want to continue to watch MIMV for a continuation of the huge momentum it built up yesterday.
Glen Rose Petroleum Corp. GLRP
It has been awhile since we brought an oil & gas play to the table, and GLRP came across our scanner, as we were alerted by heavy volume increase over the past couple of days.
In addition to big volume and price increases, there appears to be a number of Form-4’s filed over the past year indicating large insider buying at premium prices well above current market value.This is definitely something to take notice of, and we will be adding GLRP to our watchlist moving forward.
Peregrine Pharmaceuticals, Inc. PPHM
PPHM has been a beast for us, making a dead-cat bounce from .80 on Monday, and reached 1.87 yesterday. We want to watch closely as it continues its attempt to recover lost ground. It has been trading record volume over the past two sessions.
EGCT, ICNB, RSH, SCMP,