Tag: IWEB

Blue Horseshoe: Afternoon Updates & Reminder

Stereotaxis, Inc. STXS
–
This morning we noted that key resistance was sitting at 8.99, and upon the open, STXS blew through that level on its way to a high of 10.20. That marks an intraday gain of 34% from the day’s low of 7.60, and an enormous move from last Tuesday’s alert at 2.33 amounting to more than 335%

Job well done to anyone who was able to take advantage of this juggernaut.

Compugen Ltd. CGEN

This morning, shares of CGEN gapped up significantly on the arrival of news stating that  the company had signed a collaboration and license agreement for R&D of antibody-based cancer immunotherapy with pharmaceutical behemoth, Bayer Healthcare.

As part of the agreement CGEN will be entitled to an upfront payment of $10M USD, with the addition of up to $500M in “milestone payments” from Bayer, who will retain commercialization rights to any resulting products, with CGEN receiving a royalty on global net sales.

Read more about the agreement between CGEN and Bayer in this article we published this morning.

IceWEB, Inc. IWEB

IWEB is hanging in there, maintaining support above the 50DMA, and we’d like to see that persist as we begin a new trading week. The stock is currently up 5% at .0271x.0295 at the time of this publication. We also saw news out today announcing a new partnership entered into by IceWEB. Click through below for more details.

Recent Press:

Info @ www.iceweb.com

Options Trading Side Note:

The AAPL Calls we’re following plowed upward as we suggested they might this morning.

The $465 calls were as cheap as 3.15,  last trading near the  high of day of 6.80.  The $460 calls were as cheap as 5.45, last trading near the high of day of 10.39.

At the time of the screen shot below, AAPL broke to a new high of day, hitting 469.30. As you can see, the $465 Calls responded with a positive move of more than 85%

SPECIAL REMINDER:

We’ve got a brand new subpenny stock lined up for tomorrow’s morning report that you won’t want to miss, so be sure to monitor your inboxes shortly before the open! This play has maintained higher lows after a recent consolidation that followed a big run off of it’s 52-wk low.  It is beginning to appear poised for another breakout, so get ready, because tomorrow should be another great day!

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,

IWEB, STXS & Extended Watchlist

IceWEB, Inc. IWEB

IWEB provided us with a couple of chances for solid gains over the past three weeks, running from .024 to .0355, and then again from .023 to .04. Early on this week it has consolidated, and is currently holding support off of the 50DMA. What we’re looking for here, is for the stock to post higher lows and higher highs to signal to us that it is ready for a reversal.

In addition, the company continues its efforts to expand into a full-range cloud services provider, announcing yet another prestigious university that has chosen IWEB for its cloud computing needs. Read the PR below outlining the University of Southern California’s recent order:

STERLING, Va.–(BUSINESS WIRE)– IceWEB Storage Corporation – (OTC BB:IWEB) today announced that the Company secured an order from the University of Southern California for up to 5,000 users.

“USC chose an IceWEB 2200 2U IceBOX storage appliance with 8TB capacity expandable to 48TB.” Said CEO Rob Howe, “The IceBOX solution meets their exacting requirements for a private cloud collaboration platform… This is another step along our path to our new strategic transition from hardware and software only to Complete Cloud Services.” >>> FULL RELEASE


Stereotaxis, Inc. STXS
In case you missed yesterday’s afternoon update, STXS, after appearing in our morning report, went on to yield potential gains pushing 200% in a monster run that ranged from 2.33 up to 6.90. This, on the strength of an FDA clearance for one of their flagship products (already a success in Europe), and along with it the go-ahead to introduce it into US markets.

Not only is fairly uncommon to see a double-bagger in a single session, but even more of a rarity when it comes in the form of a NASDAQ-listed stock, so a big congratulations to anyone who was able to take advantage of this anomaly.

Extended Watchlist:
MTOR, BEAT, VICL, VUZI (gapping down, potential bounce-play)

AACS, GRPR (two sub-pennies with momentum as of late)

NVIV has pulled back after recent run, monitoring for support to offer a re-entry