After appearing in this morning’s alert, AXXE traded as high as .459 before dipping back to .30, and has come back to .393 as of the time of this publication. From that bottom, it represents an opportunity for an intraday 31%. When added to the many swings that we’ve observed from this bouncy stock since we began following it, the cumulative gains add up to nearly 100% Volatile stocks like these can be good for rapid gains if properly timed, and we’ve seen evidence of that in AXXE.
Today’s PR:
- Axxess Pharma Inc. Acquires Existing Revenues, Patents, Formulations and NFL, NHL, UFC Athlete Endorsed Products From Leading Canadian OTC Healthcare Company Marketwired (Tue, Sep 17)
FreeSeas, Inc. FREE
We’d also like to include an update on FREE, which we recently began tracking on September 10th, when we stated that we were on the lookout for the “next areas of resistance to come at .33 and .38,”.
This afternoon we’re happy to report that yesterday’s trading broke the low barrier at .33. and today the stock punched through the .38-mark to hit a high of .50.
From the low following 09/10 (.2213), today’s high equates to a 126% increase in just over a week.
Extended Watchlist:
EXMT, RAD, DRYS, ZNGA, GOGO FB