Tag: AURI

Starting Off the Week on a Good Foot

Friday’s Options Recaps 

We’re kicking off this new trading week in typical fashion by highlighting the performance of the fresh options ideas we put forth in Friday morning’s premarket report. Our pair of targets that were set to expire on the day were clear cut runners- specifically the FDX Weekly $275-280 Calls and the MP Weekly $40 Calls.

In both cases, Friday’s session brought major moves in the stocks themselves, which facilitated some incredible intraday gain possibilities for ourselves and our subscribers. Those fantastic multi-bag runs were as follows: 

FDX Weekly $275-280 Calls
$275: 2.90-7.93 (+173%)
$277.50: 1.58-5.61 (+255%)
$280: .72-3.64 (+405%)
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MP Weekly $40 Calls
$40: .75-6.00 (+700%)
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Fresh Options Idea:
SPY 03/22 $389-390 Calls

New World Gold Corp. NWGC – Recap

We’ve got to swing back around to NWGC as well, a stock which we alerted back on March 4th, subsequent to which it saw shares change hands for as little .002.

This month has brought mostly positive progress for NWGC, which on Friday broke in Pennyland and set a new high of .0119. That works out to a 3-week run of 495%

Bottom Watch Plays: 

We took notice of some of last week’s biggest losers, with ALX Oncology Holdings, Inc. ALXO and Nurix Therapeutics, Inc. NRIX which both fell off of a cliff on Thursday and Friday.

Whenever we notice massive selloffs like this, we begin to wonder at what point the consolidation becomes untenable. That’s when we place stocks on bottom watch and monitor them for potential reversals, because the volatility from such situations often brings us exactly the type of quick strike opportunities we’re after. Stay tuned for the possibility of specific targets on these plays in the days ahead.

Extended Watchlist:
TGGI, MRPI, SSOK, AURI, JAMN, BLUU, KALY, NSPT

Blue Horseshoe Stocks: Bottom-Watch Plays & More

Soligenix, Inc. SNGX

Catching our eye off of the scanner this morning is SNGX. The stock has recently made its way toward oversold territory, is trading at a relative bottom, and we’re noticing a positive funding-related PR hitting the wires today, so we’re going to designate this as a fresh news bottom-watch play.

As you can see on the snapshot of the chart below, the past couple of sessions have seen higher lows registered off of that bottom, so we’ll look for SNGX to continue that trend, possibly with the aid of this morning’s PR. The first area of resistance it needs to contend with en route to its moving averages will be a previous support level from May (1.36), so that will be the first benchmark we’d like to see broken once a rebound begins to occur. .

PRINCETON, N.J., Aug. 19, 2015 /PRNewswire/ — Soligenix, Inc. (SNGX) (Soligenix or the Company), a late-stage biopharmaceutical company developing products that address unmet medical needs in the areas of inflammation, oncology and biodefense, announced today that the National Institute of Allergy and Infectious Diseases (NIAID) has exercised its option to advance the development of Soligenix’s heat stabilized ricin toxin vaccine, RiVax™ >> FULL PR

Cannabis Science, Inc. CBIS

We tagged CBIS in yesterday’s premarket report in time to catch a nice intraday move out of the stock. We suspected that the momentum generated by some big news the day before could carry over into yesterday’s session, and that’s just what happened.

The stock ran from a daily low of .0349 to a high of .048, a respectable 38% jump which occurred on volume of roughly 8X the monthly average.

Corbus Pharmaceutical Holdings, Inc. CRBP – Chatroom Call

We also want to take the opportunity to highlight a call made by one of our daily traders chatroom* members. Well in advance of the opening bell ‘GTRudeBoy’ directed the room to watch CRBP, and it resulted in a nice chance for all to profit.

The stock opened at 2.80 and dipped to 2.57 before rallying to its high of 4.22; that’s an intraday move of 64% Cheers go out to ‘GTRudeBoy’ for alerting everyone to the interesting premarket activity.

*This serves as yet another great example of why we run our daily chats. We are stronger together! That’s why we routinely encourage any of our readers who’d like to get involved with our traders chats, simply send a Skype contact request to username stocksumo with “Traders Chat” in the special note. We’d be happy to have you join the fun!

Extended Watchlist:
AURI(Share reduction news)
NTAP ($31.50-32.50 Weekly Calls)
BWLD(Sept.18 $200 Calls)
CJES, ABUS(Annual Lows, Both on Bottom-Watch)

Blue Horseshoe Stocks: SOPW Recap & More

Solar Power, Inc. SOPW

On Friday, in a stroke of flawless timing, we highlighted SOPW as a potential bottom-play. The stock had been in virtual freefall for the better part of the past month. The combination of that heavy overselling and a morning PR announcing a 6-month, $50M share buyback program earned the stock top billing in our premarket report. >>> READ PR

It turned out to be a great decision, as SOPW registered a solid intraday move from 1.47-1.98 (+35%), and it managed to close just one tick below its high of day, at 1.97.

That performance firmly qualifies this play for continued observation this morning as it has effectively gone from a bottom play to a momentum play. We’ll want to be on the lookout for the possibility of some early profit-taking and consolidation, followed by a subsequent bounce.

There’s a fresh PR hitting the wires this morning that folks might want to check out >>TODAY’S PR

Auri, Inc. AURI

AURI was a great play for us at the beginning of last week as it gave us an opportunity to bank gains of more than 100%. Following the huge spike, we left off on Tuesday by mentioning that we’d “keep our eyes on the price action as the week progresses” and it was a good thing that we didn’t let it slip off of our radar.

AURI came down to ultimately find support at .0027 on Thursday, and on Friday it surged back to a high of .0061, so anyone who continued to pay attention had the opportunity to take advantage of a 126% swing.

Pervasip Corp. PVSP

We also want to do a quick recap of PVSP’s performance from Tuesday to Thursday. We’ve covered this play quite a bit this spring, and on Monday, we warned our readers that another upswing could be in the making. We certainly did see one, as PVSP ripped from its low of .0009 on Tuesday past the penny-barrier to a high of .0015 just two sessions later; it marked an intraweek move of 66%

Moving forward, we’ll want to see the stock continue to build higher lows, ideally holding support at .001 on any pullbacks.

Extended Watchlist:
BLDP, PTBI, MXL, PTN, GALE