TGRO, OLIE, PROW, ARIA & Extended Watchlist

Tiger Oil & Energy, Inc.  TGRO

We’ve been following TGRO since Monday of last week, at which time the stock was trading as low .36. After running up to the low .60’s, we observed the stock pull back to .38. We were encouraged to find that it held support above our initial alert low, as higher lows following a pullback are often a good sign.

Sure enough, since then, the stock has been stair-stepping its way up to hit yesterday’s high of .75. That marks a 108% overall move from our initial alert price, and up to 97% from TGRO’s most recent low of .38.


Olie, Inc. OLIE

On Wednesday, OLIE was an excellently timed call for us. We had the opportunity to make up to 147% profit as the stock ran from .0082-.02 before pulling back significantly to close at .0097.

Following up in yesterday’s report, we stated: “…with the kind of volatility we’re seeing out of OLIE, we definitely want to pay attention heading into week’s end. Further opportunities could certainly present themselves.” Our call turned out to be spot-on once again.

The stock shot right out of the gate to make a rapid 55% move from .0097 to .015. Then, following a pullback to .0108, it ran again, this time to .016, a 48% spike.

That brought our two-day total cumulative gains on OLIE to an impressive 250%


Progress Watch Corp. PROW

PROW popped up on our abnormal activity scanner yesterday, and we had to make certain to pass it along today.

Chart conditions appear to be favorable: The RSI is ready to breach into the power zone, and the MACD recently experienced a bullish cross. The 50DMA is rising sharply toward the 200DMA that should lead to a golden cross in the week and months ahead. Presently, we’re looking to see PROW push through and hold support above its 200DMA at  .0072.

We also want to point out that PROW boasts an extremely tight share structure, with only 25.1 million in the float as of March of this year. A stock trading at this increment with such a low float needs only a relatively small amount of buying pressure to produce significant gains.


ARIAD Pharmaceuticals, Inc. ARIA

We’ve been tracking ARIA ever since November 26th. Since that time, we’ve observed the stock trading as low as 3.80. ARIA has been picking up steam over the past few sessions, posting higher highs and higher lows for three consecutive days.

Yesterday it hit a high of 5.58, marking an increase of 47% over recent lows.


Extended Watchlist:
PLPE (Gapping Down on Large Premarket Volume), AMRN, ORMP, TSEM, CLWT, CYTR, BCRX,

CBIS, OLIE, BGMD & Extended Watchlist

Cannabis Science Inc.  CBIS

CBIS is among the medical marijuana cast of characters that we’ve been following for a very long time. We began tracking this play almost two years ago, and have certainly seen a fair bit of dips and rips during that time. Freshest in our minds would be our alerts from this past February, at which point we witnessed huge gains as CBIS rose from the .04-range all way up to .1195.

We decided that now was as good a time as any to re-alert this play, as we’ve noticed it coming off of its 52-week low at .0299. At this time of year, it’s common to see stocks being subjected to tax-loss selling. We want to be on our guard as this period winds down, when selling pressure is likely to be alleviated. Stocks like CBIS stand to gain ground when that happens, as we head into 2014.


Olie, Inc. OLIE

OLIE turned out to be a well-timed call for us from yesterday. The stock may have ended the session in the red, but not before running from .0082 all the way up to a high of .02! That was good for an intraday mega-move of 147% on almost ten times the 3mo. average volume.

As we said, there was a significant pullback into the close at .0097, and with the kind of volatility we’re seeing out of OLIE, we definitely want to pay attention heading into week’s end. Further opportunities could certainly present themselves.


BG Medicine, Inc. BGMD

We had BGMD in yesterday’s extended watchlist, as we were tracking its pullback off of a recent spike. We did in fact get the bounce that we were looking for; following its morning low of .87, the stock would go on to hit a high of 1.05. A strong close at 1.04 suggests that momentum could carry over, and indeed we are seeing the stock gapping up in pre-market trading today.


Extended Watchlist:
ALIM, PERI, PSDV, OXBT, CDTI, TSEM, GILT

ENIP, OLIE & Extended Watchlist

Endeavor IP, Inc.  ENIP

ENIP comes to us this morning as a stock that has been enjoying a nice run of momentum over the past few sessions, which set off our abnormal activity scanner yesterday. The stock traded up on just over 5.5x its 3mo. average volume.

Indicators on the chart seem to point to the possibility of a continued uptrend. As you can see, the RSI is rising sharply as it is just about to break through the 50-line, and there is an impending MACD cross that appears inevitable.

We’d like to see .65 hold as support to remain interested in ENIP, and the main area of resistance currently sits at the 50DMA of .84.


Olie, Inc. OLIE

OLIE is another runner that caught our eye yesterday, as it traded 12x its 3mo. average volume in the process of trading in a massive daily range from from its low of .0029, to the subsequent high at .0144. An intraday move of 397%

This monstrous run was no doubt sparked by yesterday announcement that the company had completed the assignment of a 10-year, $20M Medium Term Note(Click for Definition),  and they’ve released another PR this morning regarding the signing of a $250K business services contract with Laredo Resources Corp (LRDR). With all of the activity going on with OLIE, we’ll definitely want to keep an eye on it as we cruise through mid-week.

High flyers like this one, generally tend to pull back and provide significant bounce opportunities, which is also something we will be watching out for.

VANCOUVER, British Columbia, Dec 18, 2013 (GLOBE NEWSWIRE via COMTEX) — Olie Inc. (OTCQB:OLIE) (Olie) President, Robert Gardner, is pleased to announce that Olie has received a contract of $250,000 in Convertible Preferred Securities from Laredo Resources Corp. Laredo Resources Corp is trading on the OTCQB Markets under the symbol (OTCQB:LRDR). The agreement with Laredo Resources Corporation is for one year and is specifically to help Laredo Resources Corp become an Exchange Listed Company on the NYSE Alter Next.


Extended Watchlist:
SYNM, ICLD, MACK, BCRX, BGMD, EONC, NRZ