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