Northwest Biotherapeutics, Inc. NWBO
We’ve been mentioning NWBO this week beginning on Monday, and yesterday, despite already having seen some solid gains from the stock, we were met with a second consecutive solid intraday performance.
NWBO traded in a daily range from .551 to .76, which marked a surge to the upside of 38% and from our observed low subsequent to its appearance in our morning report on Monday (.5018), yesterday’s high represented a two-day swing of 51%
We’ll continue to track the progress here, and will be anxious to see if the stock can maintain it’s multi-day runner status.
Yesterday we submitted a bottom watchlist consisting of three oversold stocks that we’re going to want to keep on our radars for the possibility of an eventual rebound (MGT, AIII, NVAX). This morning, we’d like to add a couple more to that list for us to monitor in sessions ahead.
Each of the following stocks appears to be egregiously oversold, and both have just registered new 52-week lows; two key components we look for when searching for potential recovery plays.
Gordman’s Stores, Inc. GMAN
Towerstream Corp. TWER
Fresh Options Ideas
We also want to delve back into the realm of options trading this morning, with a couple of ideas based on post-market earnings releases yesterday.
As our regular readers are well aware, we’ve used post-earnings options calls to find MAJOR short to intermediate-term success on countless occasions in the past, and these are just the types of plays for which we’re constantly scanning the landscape.
Our new targets are the following:
FDX Weekly $165-170 Calls
ADBE 10/21 $100-110 Calls
EBIO, GLRI, USLV, SFOR, LOGX, ADMS