Uranium Resources, Inc. | URRE | Momentum Play

Uranium Resources, Inc. URRE

We have a possible momentum mover today in the form of URRE. This uranium play caught our attention, as it has been on quite a rip over the past few sessions, trading in the 2.40’s last Monday to Friday’s high of 4.31.

The chart, while having just posted major gains, still appears ripe with the RSI punching into the powerzone, as well as impending golden crosses as both the 20 and 50DMA’s are rising toward the 200DMA.

Even in the event of these rapid gains leading to a pullback, we are going to want to stay aware of the possibility of resultant bounces which could be used to our advantage.

The company also announced an upcoming conference call for the benefit of shareholders Friday of next week, that we are going to be tuning in for:

LEWISVILLE, Texas, Jul 29, 2013 (GLOBE NEWSWIRE via COMTEX) — Uranium Resources, Inc. (Nasdaq:URRE) (“URI”) will host a conference call and webcast on Friday, August 9, 2013 at 11:30 a.m. ET. During the call, Christopher M. Jones, President and CEO, and Jeffrey L. Vigil, Vice President and Chief Financial Officer, will provide an update on URI’s strategies, outlook, and progress in advancing its Texas and New Mexico properties. A question-and-answer session will follow.

The URI conference call can be accessed by calling (201) 689-8471. The live webcast can be monitored at www.uraniumresources.com.

A telephonic replay will be available from 2:30 p.m. ET the day of the teleconference until Friday, August 16, 2013. To listen to the archived call, dial (858) 384-5517 and enter replay pin number 417986. Alternatively, the webcast replay can be heard on the Company’s website and a transcript will also be posted, once available.

About Uranium Resources, Inc.

Uranium Resources, Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced uranium by in-situ recovery (ISR) methods in the state of Texas and currently has a number of initiatives underway to return the Company to production. URI has over 206,600 acres of uranium mineral holdings and 144.8 million pounds of in-place mineralized uranium material in New Mexico and an NRC license to produce up to 3 million pounds of uranium per year. URI has an additional 664,000 pounds of in-place reserves in Texas. The Company acquired these properties over the past 20 years along with an extensive information database of historic drill hole logs, assay certificates, maps and technical reports.

Uranium Resources routinely posts news and other information about the Company on its website at www.uraniumresources.com


Extended Watchlist:
GOFF, SPMI, VTPI(possible rebound), KNDI, HSOL, INO,LUVU

PAWS, PNCH, SKTO, PLUG & Extended Watchlist

PAWS Pet Company, Inc. PAWS

We brought you PAWS in yesterday’s extended watchlist. The stock opened at .0196, only to run 308%, trading as high as .08 on much greater-than-average volume. After pulling back to .023, we saw a bounce back to .04, another 74% move.

It is not that often that we see a stock pull in nearly 400% in total gains in a single trading session, so we are chalking up yesterday’s call of PAWS to a big win.

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IC Punch Media, Inc. PNCH

PNCH, on Monday, saw its eighth straight day of gains. It opened up strong, breaking a penny in the first half-hour of trading. During lunchtime, the stock saw a drastic pullback to .0075 where it held firm support. PNCH then punched through to hit a new high of .0109 into the close.

We called for yesterday’s pullback, and stated that we wanted to see it hold support at .0065, which it did. We would, of course, like to see .0075 hold as support moving forward. We also saw a break past the 200DMA of .0102, a significant movement which could give rise to further bullish activity.

Total possible gains we’ve seen out of PNCH from .006 to .0109 stand at 82%

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SK3 Group, Inc. SKTO

Much like the other medical marijuana plays that we’ve been tracking, we’ve seen STKO make really substantial gains. Having first appeared in our newsletter a week ago today, the stock was as low as .0023 following our alert. We observed a breakout yesterday, before notifying our followers via a midday update email, that the stock could achieve further gains.

SKTO would go on to close at its HOD of .016 with an immense amount of strength. That price marks up to 590% in gains for STKO in just the short time we have been covering the stock.
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Plug Power, Inc. PLUG

Regarding PLUG, on February 15th, we stated:”PLUG is an energy play that went on an extreme backslide yesterday, tanking to .12 from the previous day’s close at .25. While remaining very cautious, there may be a bottom-bounce opportunity with PLUG, so we are presenting it as a potential recovery play.”

After reaching a low of .115 following our alerts, yesterday the stock hit a high of .24, making our bounce call good for gains of up to 108%

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Extended Watchlist:
GOFF, YTRV, BMSN, ENTB

Blue Horseshoe Stocks Midday Update: SKTO

SK3 Group, Inc. SKTO

We brought SKTO to our members last Tuesday, adding it to the list of stocks we are currently tracking in the cannabis sector. Since that time, the stock has traded as low as .0031. As of the time of this report being written, SKTO is up 300% at .0124, and looks like it could continue to push new highs into the close.

SKTO is one that we want to continue to keep on watch, especially with the momentum that is currently flowing through the stock.

MIAMI, FL, Mar 13, 2013 (MARKETWIRE via COMTEX) — SK3 Group, Inc. (OTC Pink: SKTO) today announces that it has appointed licensing expert and former Executive of King World Productions, Kevin Allyn, as Chairman of the Board of Directors.”Each of the members voted onto the Board brings experience, a unique perspective and direction,” said A. Mayor, CEO of SK3. “Kevin Allyn has broad experience as a senior executive and entrepreneur in entertainment, television, film, music, sports, licensing, and talent management. Kevin has also been an advisor to a variety of companies both private and multi-billion dollar public companies. Mr. Allyn was also one of the presidents of King World Productions, one of the most successful television companies in history. King World is the leading worldwide distributor of first-run programming, including the two highest-rated, first-run strips in syndication, WHEEL OF FORTUNE and JEOPARDY, as well as OPRAH, CSI, INSIDE EDITION, DR. PHIL, EVERYBODY LOVES RAYMOND, HOLLYWOOD SQUARES and THE LITTLE RASCALS. Mr. Allyn’s legendary list of contacts, his ability to innovate and his management expertise allow us to form a team that can scale effectively into this lucrative market.”

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Added Note:
We are also adding Goff Corp. (OTCQB:GOFF) to our watchlists, as it is trading abnormally high volume today. It is also one of top stocks currently trending in the online penny stock community.

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Extended Watchlist:
ENTB, BMSN, YTRV, LUVE