SafeCode Drug Technologies Corp. SAFC
We wanted to bring SAFC to your attention this morning, as a number of factors is causing us to keep a watchful eye. The company recently announced a share buyback program for the month of January wherein 1,000,000 shares will be bought at up to $0.20 per share. We are also seeing a stock coming off of a recent bottom; on Friday it rose 15% on light volume. This often indicates a tightly-held, low-float play, upon which any surge of buying can act as a catalyst for much larger increases.
It is for those reasons that we kick off our week keeping an eye on SAFC.
Peregrine Pharmaceuticals, Inc. PPHM
We’ve seen a lot from PPHM in the roughly 5 months we’ve been monitoring the stock. With our first mention coming on August 14th, and focusing more intently in the weeks that followed, we saw PPHM rise from the 1.80’s all the way up to 5.50 on Sept. 21st. It was at that time we observed a huge sell-off, in fact the stock has been as low as .68 as recently as November.
Big Three Restaurants, Inc. BTHR
BTHR was as low as .0012 when it appeared on our watchlist on Wednesday. On Friday the stock closed at the high-of-day of .0022, for a gain of 83% in just two day’s time.
ABAT, AMBS, BMSN, MWIP, VSUT, STOA, FOLD