Tag: AMS

Interesting RETC Development & More

Dewmar International BMC, Inc. DEWM 

We have been seeing a lot of OTC runners cropping up recently, with another hot play coming off of our extended watchlist yet again in yesterday’s report.

The stock traded nearly a billion and a half shares as it ran from a daily low of .0012 up as high as .0035. That represented an intraday rip of 192% and with that kind of spike in volume and volatility, we’ll certainly want to maintain a close watch over this breakout play.
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12 Retech Corp. RETC – New Update 

As we were mentioning yesterday morning, RETC is another big OTC runner that we’ve seen make moves of over 500% since 04/21.

Yesterday, per the following post on his Twitter page, George Sharp was awarded custodianship of the company. He has a reputation for exposing fraud and working with legitimate companies, and thus it may have intriguing ramifications for the direction and status of RETC moving forward.

The stock is gapping up to new highs this morning as well, so things continue to be quite interesting with RETC, and should remain so in the days and weeks ahead.

T-Mobile US, Inc. TMUS – Options Recap

The standout options idea from yesterday morning’s premarket report was our target in the T-Mobile chain, the TMUS Weekly $129-131 Calls. 

Following its report of strong Q1 earnings and guidance, not to mention a heavy influx of new subscribers, the stock tested new highs, and provided the following considerable gain opportunities on the day:

TMUS Weekly $129-131 Calls 
$129 : 2.91-5.86 (+101%)
$130 : 1.92-5.32 (+177%)
$131 : 1.64-3.90 (+137%)
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Fresh Options Ideas:
PYPL Weekly $255-260 Calls
BUD Weekly $73-74 Calls
LIN 05/21 $290-300 Calls 

Extended Watchlist:
RNVA, BLDV, DSCR, FBCD, PJET, MSRT, ELRA, ALF, MITO, IFBD, AMS

CLNO, IWEB & Extended Watchlist

Cleantech Transit, Inc. CLNO

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New subscribers might not be familiar with CLNO, a stock that we rode for gains in excess of 5000% over a four month period this spring to early summer.

On Tuesday, we caught CLNO coming off of its 50DMA, and added it to our extended watchlist. After being as low as .12 at that time, it has managed to make higher highs and higher lows each day since.

Yesterday saw a high of .265 (+121%), and the stock closed strong at .26, just slightly below the HOD. As is usually the case when we see good momentum at the end of a session, we’ll want to keep CLNO on watch this morning for a continuation of the trend. We’ll need to see the stock test and overcome resistance at the previous swing high of .365, and from the look of the chart, there seems a fair chance of that occurring.

We can see the RSI is rumbling toward the power zone, and the MACD appears to be converging for a cross as the blue bars on the histogram prepare to flip up to the bullish side.

IceWEB, Inc. IWEB
We’ve been following IWEB all week long, and yesterday the stock continued to make higher highs and higher lows, closing at the high of day. Similarly to the previously mentioned play, IWEB is currently sporting a chart with several indicators pointing toward bullishness. In addition to breaking above the 100DMA yesterday, the RSI is making its way towards the power zone, and the Accumulation/Distribution has begun to pick up.

The previous swing high of .0355 is going to be an area of significant resistance. Should it break past that point, there’s easily a shot that the stock could find its way back to the 200DMA around the mid-.04 range.

For those who need to refresh their memory, we’ve been following IWEB since Tuesday of last week, when we released a special report on the stock after catching it coming off of its 52-week lows.

Extended Watchlist:
SNDY, AMS, CLSN, OXGN,