Bonanza Creek Energy, Inc. BCEI
On an otherwise relatively quiet day, we observed a nice move in BCEI, a stock we’ve been tracking routinely for quite some time. The most recent occasion upon which we mentioned the stock was a few weeks back on August 18th, and we subsequently observed a low of .81.
Yesterday’s move from 1.19 up to a new high of 1.41 was not only an intraday push of 18% but it also represented a total upswing of 74% over our observed low. It has been a fairly steady incline over the past ten sessions or so, and we’ll continue to monitor it higher highs and higher lows.
Other Updates
Signal Bay, Inc. SGBY – We alerted our readers to our interest in SGBY on Tuesday, and the entire week has been a a continual uptrend as it has recorded higher highs and higher lows every single day.
From Tuesday low of .0103 to yesterday’s new high at .0219, we’d seen a total three-session increase of 113% and it will remain on our radar going forward.
_____
Enteromedics, Inc. ETRM – We’ve got a history with ETRM that literally stretches back for years, and yesterday thought to re-signal the stock as it was showing a hint of life coming off of the new 52-week low it established just this week.
We mentioned that we’re going to keep an eye on it for a recovery over an extended period, but it fared pretty well in the short-term also, with a nice 21% move from .1383-.167. We’ll continue to track it for higher highs and higher lows in sessions to come.
InvestView, Inc. INVU
We spotted a possible subpenny bottom-play in INVU. It registered a new 52-week low of .0025 last week, traded in a daily range from .0031 up to .0041 yesterday, with accumulation/distribution picking up considerably in recent sessions. We’re going to keep watch over this one for signs of a recovery off of these lows.
Extended Watchlist:
PVHO, CATQ, GCHK, STX, EARS, CLCD, TVIX