EXHI, BOPO & Extended Watchlist

Exlites Holdings International, Inc. EXHI

 It’s been awhile since we’ve talked about a medical device company, though it is a sector we like to keep our eye on for any new and exciting technologies. According to a PR out this morning, EXHI has made arrangements to acquire foreign tech that it intends to bring Stateside. This could get interesting, so this is one story that we want to follow in coming months. We’ll be sure to keep you updated of any further developments.

EXHI boasts a tight share structure according to OTCMarkets’ currently available data, and has a ripening chart. With such a low float, this is a play that is liable to gain a significant amount on a relatively small amount of buying pressure.

SALT LAKE CITY, UT, Aug 12, 2013 (Marketwired via COMTEX) — Exlites Holdings International, Inc. (PINKSHEETS: EXHI) announced that it has entered into an agreement with a company that will source new cutting edge medical products from China, Taiwan and Japan. Exlites has contracted with a company in Utah whose mission is to assist medical product companies from around the world to develop economic opportunities and exclusive vendor arrangements with U.S. corporations.

Exlites has been developing a division specifically to assist companies in China, Taiwan and Japan to obtain FDA approval for their products as well as financing to bring those products to the U.S. market. Hang Yee, Managing Director of the consulting firm, stated that “The agreement should yield new exclusive vendor relationships with medical product companies in China and Japan and will allow Exlites to enter new markets to provide customers with medical equipment that contains cutting-edge technology,” said Ms. Yee. “Companies throughout China, Taiwan and Japan are developing new medical equipment everyday and we have exclusive relationships with many of those companies from whom Exlites may derive significant economic benefit by selling their products here in the U.S.,” she added.

BioPower Operations Corp. BOPO

This is another stock in an attractive space that caught our eye during our morning scan, and like EXHI has an attractive chart along with news today in the form of a 10Q/A for the most recently ended quarter.

We are constantly on the lookout for new stocks to monitor, especially when they have a recent history of of rapid gains as is the case with BOPO, which spiked as high as .064 in July.

Extended Watchlist:
PHOT, EXK, SFPI, LPR, (Coming Off 52-WK Lows)

CELO & Extended Watchlist

Ceelox, Inc. CELO

It isn’t often that we mention a stock that trades by appointment only, however we’re making an exception today in the case of CELO. We’ve caught wind of a joint alert from several awareness groups that we believe are planning to target the stock today.

With regard to the share structure, there appears to be only 38.6M shares outstanding. In instances like these where a low float is present, even small amounts of buying can inflate the price of the stock significantly. So if a handful of promoters are indeed focusing on CELO, we could see some significant price action in this play today.

Tesla Motors Inc. TSLA

Our mention of the TSLA $140 & $145 Calls yesterday proved to be spot on. We noticed a pre-market earnings gap-up which seemed likely to lead to some significant opportunities for gain: The $140’s traded as low as 11.75 before running up as high as 18.65 (+59%), while the $145’s registered a spike from 7.52 to 14.00, an increase of 86%

Extended Watchlist:
MNKD, OTHM, YONG, MEET, NEWL, GERN

Blue Horseshoe Stocks: IWEB, GRPN, TSLA

IceWEB, Inc. IWEB

Yesterday, we mentioned that if we could “see IWEB make higher lows, and find a level of support at .03 or better”, we would remain optimistic about this stock. We’re happy to report that after running up 23% on the day to .042 and nearly testing the 200DMA followed by a consolidation, it managed to close at .0325 on its highest volume since early April.

That makes the third major spike we’ve seen from IWEB in just under a month and every time, we’ve been ready and waiting to pounce on each bounce, because the trend is our friend! It’d be a good idea to monitor IWEB for higher lows and higher highs in anticipation of a possible fourth run from the stock in as many weeks.

Side Notes: Earnings Gap-Ups

Groupon, Inc. GRPN
Groupon earnings have the stock looking like a gapper this morning- We’ve been monitoring GRPN on our extended watchlists over the past few months, putting the stock on watch this spring and seeing a subsequent run-up from the 6.00-range to recent levels over $10.

Tesla Motors Inc. TSLA
Another play we’ve mentioned in the past is gapping up on earnings today. What we’re likely looking for in TSLA is a run-up, consolidation, and eventual bounce. Option-trading opportunities may be presented by this one, more specifically in the $140 & $145 Calls.