Tag: CIRC

Into the Thick of Earnings Season!

Keeping the Options Train Rolling:

We have been faring extremely well with regard to our recent options ideas, which carries over into 2022 a winning trend that we have established as ‘the norm’ around here. Out of the four sets of fresh targets we offered up in yesterday’s premarket report, the only one that didn’t produce instant results were the ASAN 02/18 $65-70 Calls which were intended as a longer-term play, and that we will most likely come back to in the days and weeks ahead.

As for the rest, which were the SI Weekly $125-120 Puts, the GS Weekly $372.50-365 Puts, and the OPK 02/11 $4.50-5.00 Calls, we saw gains ranging from moderate to major on the day. Here are the overall trading ranges and total possible single session profits that were up for grabs on those ideas yesterday.

SI Weekly $125-120 Puts
$125: 6.83-22.10 (+224%)
$120: 4.01-17.55 (+338%)
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GS Weekly $372.50-365 Puts
$372.50: 13.50-25.45 (+89%)
$370: 12.15-22.89 (+88%)
$365: 8.55-18.36 (+115%)
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OPK 02/11 $4.50-5.00 Calls
$4.50: .18-.46 (+156%)
$5.00: .05-.16 (+220%)

Fresh Options Ideas:
UNH Weekly $455-465 Calls
BAC Weekly $46.50-48 Calls
SPY 01/19 $458 Calls

Extended Watchlist:
AIAD, ZNGX, VINE, SOFI, CIRC, NWBO, OPTI, UNQL, CBDS

BEAT, GRPR, INO, IWEB & Extended Watchlist

BioTelemetry, Inc. BEAT

After appearing on yesterday morning’s extended watchlist, BEAT went on a run that would take it from it’s early morning low of 6.40, to a strong close at 7.56, just a few pennies below the 7.59 high-of-day. A total intraday gain of 19% was made possible, an exemplary single-session move for a NASDAQ stock trading at over 5.00/share.

With the momentum we observed into the close, BEAT is a candidate for further gains, if it can maintain a base of support at or above previous resistance around 7.00.

Grid Petroleum Corp. GRPR

Another gainer to come off of the morning watchlist yesterday was GRPR, which in the first half hour of trading, would make a move from .0013 to as high as .002, representing a rapid move of 54%

Inovio Pharmaceuticals, Inc. INO

We’ve been following INO all summer long, and it has not been a source of disappointment. Beginning with the addition of the stock to our extended watchlist on June 14th, at which time INO was trading as low as .645. By July 1st, it had hit a dollar. Yesterday, we saw a new high of 2.20, which equates to an increase of 242% from our original mention.

Yesterday we had IWEB back on watch, attempting to anticipate a reversal from its recent consolidation, and our timing once again proved to be extremely accurate. After opening at .026, the stock was able to break back above three cents, trading for as much as .0327. That intraday move works out to 26% on just under twice the 3mo. average volume.

Since we first began talking about IWEB on July 9th, the stock has presented us with cumulative gains approaching 150%

As we go forward, we’d like to see the RSI continue to hold above the 50-line, and support hold above the 50DMA at .0272. Key resistance points are recent swing highs of .0355 and .04.

July was a busy month for the company, as it added several new clients, and made a good deal of progress toward its goal of becoming a full-service cloud computing provider:

More Info at www.iceweb.com

Extended Watchlist:
CIRC, NWGC, BCRX, CBMX, AFFX,

FOYJ | Foy-Johnston, Inc. & Extended Watchlist

Foy-Johnston, Inc. FOYJ

FOYJ appeared on our extended watchlist on January 14-15th, when we saw the stock running into resistance at .0009. It was as low as .0006 at the time, and yesterday the stock hit a high of .0015, representing a move of 150%

Now that has broken its previous resistance point .0012, it seems the may be gearing up for blue sky breakout mode, putting us on high alert. We’d like to see the .0012 level hold as support moving forward.

Yesterday following the market close, we saw a PR hit the wires, with a letter to the shareholders. “The company secured its initial exploration project in the country of Cameroon which is located in West Africa, in an area long known for its prolific mineralization. This part of Africa has been extracting gold and other precious minerals for centuries. The Company is currently in the process of acquiring several significant mining concessions in Cameroon as a result of initial exploratory work programs that were conducted over the past several months.”

We always like to monitor a situation carefully following untraded-upon news.

BARCHART.COM is currently giving FOYJ a 96% Overall “Buy” Rating

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Extended Watchlist:
CIRC, ENTB, XCHC, ORCC, KERX

MWIP, SCXN, & Extended Watchlist

MediSwipe, Inc. MWIP

MWIP closed at its high of day on Friday of a penny on record volume since Sept. ’11. High volume at heightened prices is often a signal that new investors are accumulating the stock, churning out the flippers and profit takers from lower levels.

It’s always a good idea to lock in profits when we have the chance to do so, and we certainly have given everyone that chance, with yesterday’s high representing a 317% rise from the low since we began talking about MWIP.

As stated in Friday’s report, the next key resistance point is going to come at .0125. With the way MWIP closed on Friday, we wouldn’t be surprised to see a continuation of momentum into today’s session.

Typically a gap up is followed by some profit taking, so we’d really like to see support hold at a penny, in the event it dips back to fill that gap.

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Scout Exploration, Inc. SCXN

SCXN is new to our reports today. In October, this stock was as low as a nickel, and it caught our attention on Friday after hitting a new 52-wk of .39, trading record volume in the process, to tune of more than 6X it’s 3mo. average.

Scout Exploration has a really interesting backstory- The company has been developing an ‘Oil-Spill Response System’ for the better part of 5 years now. In a nutshell, it has developed a line of unmanned first-response vessels that can be deployed via aircraft, as opposed to traditional implements which are deposited at the spill site by sea. In effect, it is their aim to greatly decrease response time of spill remediation. Faster response times could make a world of difference in dealing with the type of accident that spreads and worsens every minute it goes un-contained.

That’s why we are interested in watching SCXN move forward with this great idea, because it serves a real need. After seeing the kind of devastation caused in the Gulf of Mexico from the recent BP catastrophe and the mishandling of the clean-up, we think it’s about time that someone developed a faster, better way of facilitating rapid and effective action when the unthinkable occurs. SCXN is in the process of doing just that, and we’ll be watching with fingers crossed, because their success would mean something of great significance, not just for the stock but for the world at large.

Take a look at this video about Scout Exploration, Inc.

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Extended Watchlist:
AZFL, VELA, SFIN, CIRC, STWG, VOIS, TGIC, BRTX, ENZN, NOK

DG, AZFL, GERN & Today’s Extended Watchlist

Dollar General Corp. DG

Yesterday, we pointed to Dollar General as an options trading candidate as we were anticipating their earnings being released today. The report, out this morning, exceeded the expectations of many, and alluded to a total sales increase of almost 11%.

Earnings Per Share increased by roughly 25% as well as the company reported its most favorable Q3 results ever. Folks interested should definitely tune into this morning’s conference call.

Despite having such positive financials, the company issued a cautious guidance along with the report, so we want to be wary moving forward. Another reason to listen in to the call and get the 411 on DG:

The Company will hold a conference call on Tuesday, December 11, 2012, at 9:00 a.m. CT/10:00 a.m. ET, hosted by Rick Dreiling, chairman and chief executive officer, and David Tehle, chief financial officer. If you wish to participate, please call (866) 710-0179 at least 10 minutes before the conference call is scheduled to begin. The pass code for the conference call is “Dollar General.” The call will also be broadcast live online at www.dollargeneral.com under “Investor Information, Conference Calls and Investor Events.” A replay of the conference call will be available through Wednesday, December 26, 2012, and will be accessible online or by calling (334) 323-7226. The pass code for the replay is 56954859.

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Amazonas Florestal Ltd AZFL

AZFL hit a new high on Monday, reaching .09, and marking a gain of roughly 100% since we first began talking about this play.

With a very interesting backstory, and a currently well-performing stock, AZFL is one that we will continue to watch on a more long-term basis, well into the New Year.

AZFL is engaged in environmentally-safe and sustainable forestry practices in Brazil. Through cyclical and selective harvesting, the company preserves the integrity of its portion of the amazon rainforest. In addition to purchasing the necessary carbon offset credits, Amazonas also has plans to use the low grade biomass (upper branches and other material unsuitable for timber) to fuel an on-site generator to further negate consumption, as well as for sale of the surplus to local power authorities.

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Geron Corp. GERN

Following our alert of GERN yesterday, the stock traded in a range from 1.17-1.43, making gains of up to 22% possible. We will be keeping this stock on our radars as the week continues.

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CirTran Corp. CIRC

Another nice gainer from our extended watchlist yesterday, CIRC saw a daily range of .0019-.0034 for a possible 80% intraday gain.

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Extended Watchlist:
SOMX, CRME, CLDX, 

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