Tag: INO

Blue Horseshoe Stocks: Midday Updates

VizStar, Inc. VIZS

VIZS made a modest run following the open today at .0013 as it promptly touched a high of .0016. That’s an intraday move of 23% The stock has subsequently come down to find support at .0006. It was from this level back in late July that VIZS spiked to .0019, so we’ll monitor for any further bounces VIZS.

Inovio Pharmaceuticals, Inc. INO

Yesterday morning, we mentioned that INO after hitting a high of 2.20, reminded us of the Energizer Bunny. At that point it had brought us possible gains on the order of 240%  The stock hit a high of 3.10 this morning, a 41% spike from the previous day’s high, and an overall move of 382% of from our initial alert at .6425.

Side Note:
We also wanted to take a second to pat ourselves on the back for our selection of STXS yesterday, which gained us an honorable mention on the Penny Stock Rumble for choosing the stock with the day’s highest dollar volume.

STXS, INO, BRND & Extended Watchlist

Stereotaxis, Inc. STXS

This one appeared in our reports on Friday as we had seen a significant run earlier in the week. No sooner did we congratulate ourselves on riding STXS for that impressive 196% gain from 2.33-6.90, did the stock heat up once again. From the low of 4.15 following Friday’s open, the stock took us on another steady upward climb, this time stairstepping all the way up to a late afternoon high of 8.99 for a intraday gain of 117%

Anyone who happened to catch STXS from the previous low of 2.33 (Tuesday), would have been up 286% on their positions at Friday’s high.

The stock closed at 7.34, holding much of the day’s gains on roughly 25X the 3mo. average volume. With a close like that, we’re on the lookout for a possible continuation of momentum today. Key resistance will be at Friday’s 8.99 swing high.

Inovio Pharmaceuticals, Inc. INO

On Thursday we mentioned that recent interest, INO, had seen a new high on Wednesday, marking a 242% gain from our original alert. This play doesn’t seem to be done yet, this morning gapping up past that previous high of 2.20. At this point INO is beginning to remind us of the Energizer Bunny.

Premier Brands, Inc. BRND

We reminded everyone to keep an eye on BRND in Friday’s morning report, and by the time we released an afternoon update, the stock had already run 53% intraday from .0077 up to .0121. Following that report, the stock continued to ascend, closing at a new high-of-day at .013, extending our total possible gain on the day to 69%

Options Trading Side Notes:

On Tuesday we felt we might see AAPL hit $470 by week’s end. AAPL fell a little short of our projected goal, hitting $462.85 on Friday. However the $455 Calls we were following last week still yielded significant opportunity. At the time of Friday’s afternoon update report, we had observed a run from 2.46 to 4.00. In the last three hours of trading, AAPL broke above $460 and those Calls were trading close to 8.00.

This morning AAPL is trading up to $468, and appears as if it could continue it’s upward trend. If that is indeed the case, we’re going to be shifting our attention to the $460 & $465 Calls.

Extended Watchlist:
ARTH, CGEN, SPEX, SANB

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,