Clean Diesel Technologies, Inc. CDTI
Jumping off of yesterday’s extended watchlist was CDTI, which made an early run which could have been milked for noteworthy intraday gains. The stock surged out of the gate in a range from 2.27-3.38 within the first 20 minutes of trading; that was good for profits of up to 49% for the quick-witted trader.
The run came in conjunction with a PR containing positive trial results from the company’s “Spinel” clean emissions exhaust technology >>Read PR
We’ll continue to monitor CDTI’s progress as the week progresses, especially as it searches for support on the heels of yesterday’s early spike. There could be some bounce-action forthcoming.
There’s also more news hitting the wires today highlighting an underwritten public offering, the net proceeds of which will reportedly be in excess of $4.5M. >>Read PR
Coates International, Ltd. COTE
We made yet another early call in our Skype-based trader’s chatroom yesterday in the form of COTE. Just a few minutes into the session we tagged the stock, and from a low of .0025 it absolutely broke out to a daily high of .0165. That’s an epic mega-move of 560%
Those who missed out on the intial pop could have utilized several subsequent swings of serious stature; COTE logged moves from .0103-.014 (+36%), .007-.0105 (+50%), and .0078-.01 (+28%).
We’d call that a darn good reason to get involved with our chats, but it isn’t the only one we’ve given recently.
We were just reminding our readers the other day about joining in our daily chats after we called AURI in the room last Thursday, and that idea actually led to a multi-day, multi-bag run from that stock. We’ll be looking for similar activity from COTE, staying open to the possibility of a dip-and-rip scenario following a consolidation off of yesterday’s huge spike.
Once again, if you want to get in on our chats, all you need to do is send a Skype Contact Request to ‘stocksumo’. All of our readers are more than welcome to participate, and it will prevent you from missing out on prime chances like this one!
New Options Ideas
We thought we’d also provide a few new options ideas for the first time this week. We’ve got potential short and longer-term possibilities to suggest:
Petroleo Brasiliero SA (Petrobras) PBR – This old favorite always seems to produce for us, and after sizing up the chart (snapshot below), we like the current landscape, provided it can continue to maintain support at or above the 50DMA of 8.44. In the short-term, we’re looking at the Weekly PBR $8.00-9.00 Calls. For a potential extended idea, we’ll be tagging the August $10.00-11.00 Calls for observation.
LinkedIn Corp. LNKD – LNKD is another repeat-appearance options play for us. Today we’re going to be keeping watch over the Weekly $205.00-212.50 Call range, and for our longer-term watchlist, the August $220.00-230.00 Calls.
MNOV, RXII, AGEN, PBMD, DNRG(>>Interesting PR)