No Borders, Inc. NBDR
We opened up yesterday’s report by highlighting the 337% move from .0112-.0489 made by NBDR since we tagged it last Wednesday. It is one of a number of OTC stocks we’ve been tracking in relation to the COVID-19 pandemic response.
The stock absolutely blasted off once again during yesterday’s session, this time reaching a new high of .089. That works out to a total increase of 695% in a span of just 5 trading days! We’ve done our best to continue bringing our readers chances to make quick-strike trades for profit during this crisis, and have in fact done a fantastic job of doing so.
Speaking of success quick-strike trades, we also formulated an options idea in the Virgin Galactic Holdings, Inc. (SPCE) chain yesterday morning, and were met with instant results. The stock enjoyed a solid session, as did most stocks, and it produced very respectable gain opportunities in our target range, the SPCE Weekly $13.50-16.50 Calls:
$13.50: 2.25-4.45 (+98%)
$14: 1.80-4.20 (+133%)
$15: 1.35-3.35 (+148%)
$16.50: .60-2.48 (+313%)
Our other options idea fresh for yesterday’s report was the Direxion Daily Junior Gold Miners Index Bull 3X (ETF) JNUG Weekly $4-5 Calls. Those also produced some nice moves on the day for us:
$4.00: 1.38-2.10 (+52%)
$5.00: .89-1.47 (+65%)
Fresh Options Ideas:
SPY Weekly $240-245 Calls
WGO 04/17 $25-30 Calls
NKE Weekly $78-81 Calls
BSGM(>News), GALT, HAL,
Reviewing OTC Gains
We have been focusing a bit more on OTC stocks than we have in years in the middle of the global health crisis. When big board stocks get in trouble, many opportunistic short term traders will turn to the lower exchanges to seek out chances.
So that’s why our readers have seen an uptick in OTC mentions here in our daily newsletter offerings, and already we’ve seen multiple significant payoff opportunities. In our morning report from last Wednesday, we tagged NBDR, and the stock has produced a multi-bag run in just a short period. It has traded in a range from .0112-.0489, which represents a gain of 337%
In addition to our premarket newsletters, any of our followers are welcome to participate in our daily traders chats on Skype (Contact request “stocksumo” to gain entry) to discover or share other opportunities throughout the course of each trading day. Here are a couple of coronavirus related chatroom plays from yesterday which fared very well:
Premier Biomedical, Inc. BIEI
Range: .0011-.0055 | Gain: 400%
American Biomedical Corp. ABMC
Range: .175-.43 | Gain: 146%
Fresh Options Ideas:
Direxion Daily Junior Gold Miners Index Bull 3X (ETF) JNUG Weekly $4-5 Calls
Virgin Galactic Holdings, Inc. SPCE $13.50-16.50 Calls
BWMG, WINT, NEXCF,
Todos Medical, Ltd. TOMDF
The see-saw of market volatility persists with no end in sight. Traditional investing has become a fool’s errand in many, if not most, cases. The kind of opportunistic short term trading that we do is relatively intact, with the right targets and scenarios.
In this case, we caught TOMDF’s coronavirus news in the premarket yesterday, stating that the company had secured distribution agreements for testing kits in both the US and Isreal. After including it in our extended watchlist, the stock managed a very nice intraday gain. It traded up from a low of 0413, and reached a high of .08, which works out to an intraday upswing of 94%
While we do focus primarily on quick strike opportunities, it’s also worth it to mention a few plays that represent products and services that are high demand at the present time due to the fallout from COVID-19. If the report from the UK’s highly respected Imperial College is accurate, this global health crisis is only in its beginning stages, and will get much, much worse in the months ahead.
While neither these, nor any other plays are “corona-proof”, the effects may weigh less heavily on these stocks and those like them:
CPB, APRN, CLX, GIS, PG
MATN, ZOOM, DECN, PCTL, NBDR, IPIX, GNPX, GNBT