Tag: HTGM

Blue Horseshoe Stocks: VSTM, KTOV Recaps & More

Verastem, Inc. VSTM

With impressive new highs being printed yesterday we thought it was a good time to swing back around and recap the recent progress of a stock we’ve been tracking since early this spring. A quick look at the VSTM tag in our archives reveals that we began tracking this play with a mention in our premarket report on March 24th at which time the stock saw a low of 1.59 and never went any lower. That was followed by another reminder just a few weeks ago when the stock was trading in the 2.10’s.

Despite the usual fluctuations, the stock has been in an ascending wedge pattern on the chart from our initial highlight, generally trading in an upward direction and yesterday, hit new highs of 3.75. From our observed low of 1.59 that works out to a total increase of 142%  For those who may have only caught the most recent mention, gains of up to 95% were still attainable as of yesterday’s new high.


Kitov Pharmaceutical Holdings, Inc. KTOV

We included KTOV in yesterday morning’s premarket report after picking it up on our routine morning scan. The stock responded with a very nice daily performance.

From a low of 1.80 it ripped 100% to 2.70 for a perfect double-bagger, and it did so on extreme high volume on the order of 155X the monthly average. With that kind of price action and liquidity, we’ll be certain to keep close tabs on KTOV as we close out this holiday-shortened week.

ProShares Short VIX Short-Term Futures ETF (SVXY) – Options Idea

After some positive jobs numbers went out this morning, we want to signal a range of options in the SVXY, which is one of the funds we use as a market analog. A bullish session for the markets as a whole could spell some nice gain opportunities in the SVXY Weekly $152-154 Calls*.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every time. Trading weekly options at the end of the week is a highly risky proposition that should never be attempted by beginning or novice traders! 

Extended Watchlist:
DGLY, GLBS, MARA, AVEO, HTGM, AFSI, CNAT

Blue Horseshoe Stocks: EKSO Recap & More

Yesterday’s Notable Gainers:

Ekso Bionics Holdings, Inc. EKSO – On a choppy day for the markets as a whole, we managed to root out a decent intraday mover in EKSO. This stock traded in a daily range from a low of 1.40 and ran as high as 1.92. That works out to 37% pop, and it occurred on roughly 12.5X the 30-day average volume.

With a strong close at 1.81, we’ll be interested in continuing to track EKSO as we head into week’s end, keeping an eye out for the registering of higher highs and higher lows.
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LiNiu Technology Group, Inc. LINU –  Also contained in yesterday’s premarket report was a reference to LINU, and it too made a moderate move on the day.

From its low of .42 LINU managed to get up as high as .5569, which marked a 33% upswing and that came on just a hair under five times the monthly average volume, so we’ll continue to keep tabs on this play as well.

Interpace Diagnostics Group, Inc. IDXG

As you can see on the chart below, IDXG has taken a bit of a beating of late, and we noticed it gapping up significantly in the premarket this morning, so we want to signal it for observation.

The early activity could be due in part to a bullish IDXG blurb published on Seeking Alpha this morning, but as we mentioned above, this in an interesting play purely from a technical perspective as well. We’re always looking for bottom bouncers to track and IDXG currently fits that bill. .

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HTG Molecular Diagnostics, Inc. HTGM

Speaking of bottom bouncers showing life in the premarket, we also want to point out similar activity in HTGM. Like the above-mentioned play, the stock has recently experienced an extended selloff period, and could be ready to mount a comeback, so we’ll be on the lookout for that. .

Extended Watchlist:
AVXS, CTIC, SKLN, ROX, XXII

Blue Horseshoe Stocks: INMG Recap & More

Innovativ Media Group, Inc. INMG

On Wednesday, just a day following news that the company had acquired a property in the cannabis space, INMG impressed by running 195% from .0019 to .0056. Participants in our daily live trader’s chat had a chance to get in on those gains, as we were mentioning in Thursday’s premarket report.*

But the party was only just getting started, and Thursday’s session proved to be every bit as exhilarating. INMG traded up from its morning low of .005, and managed to crack through the penny barrier to reach a high of .012 on the day. That was good for another multi-bag intraday move of 140% and extended our total two-session observed range on INMG to a walloping 532%

The move came on more than nine times the 30-day average volume, and the stock held a penny into the close, maintaining well over half of its daily advance, so we’ll be very interested to see how that head of steam transfers to this new trading week after a three-day weekend.

*We encourage all of our readers to join in on our daily in-session live chats. To participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.

4/20 Cannabis Watchlist

We’re heading into 4/20 week, with the holiday coming up on Thursday. For the uninitiated, 4/20 (“Four-Twenty”) has been a marijuana counter-culture holiday for decades, and in recent years as the legal cannabis space has really taken off, it has been taken to a new level through viral marketing events, festivals, celebrations, and targeted ad campaigns.

We would expect the frequency of press releases (and with them, increased visibility) from companies operating in or around the space to rise over the course of this week. We would also expect subsequent heightened activity in many cannabis stocks. 

In accordance with these expectations, we’ll put the many cannabis stocks we track on a routine basis on even closer watch. Stocks like CBIS, OWCP, RMHB, SGDH, TRTC, and more, will be high on our watchlist this week.

Extended Watchlist:
GIGL, GSAT, HTGM, BLPH, ADPT, NVCR, SPU