Peregrine Pharmaceuticals, Inc. PPHM
PPHM has been one heck of a play in the month and a half that we’ve been following its activity. We saw yesterday’s large gap-down as an opportunity to play a possible bounce, and indeed we were correct. The stock traded as low as .73 pre-market, with trades going off at .80 at the open. The stock then bounced back to 1.57, awarding those savvy enough to play the bounce a quick gain that nearly reached triple digits. PPHM’s ability to pad our pockets is why we want to continue to monitor the stock moving forward.
Possible Bottom Plays
Today we thought we’d scan for stocks that are at or near their 52-wk lows, in an effort to root out some nice bottom play opportunities.
Quantum International Corp QUAN
Aspire International, Inc. APIT
Steele Resources Corp. SELR
Smart-Tek Solutions, Inc. STTN
Source Gold Corp. SRGL
HPC POS System, Corp. HPCS
AEZS, ATRS, DARA, BRIZF (TSX: BRI), EGCT,