SkyFidelity Inc. SRMX – Recap
Although the dog days of summer made July a fairly subdued month, August has started off pretty well so far, with our first multi-bag gainer showing up in the form of SRMX. We included it in our premarket report yesterday morning after catching the PR the company released on a routine news scan, and were happy that we did.
SRMX, after releasing news of a potentially disruptive new product, went absolutely haywire, trading in an incredible range from .0043 all the way up to .024. That worked out to a fantastic single-session pop of 458%
SkyFidelity, Inc.’s (OTC: SRMX) subsidiary Tri Cascade, Inc., an Internet of Things (IoT) technology company, has created a 4G/LTE Gateway Hub that provides consumers with the ability to access the internet directly from a SIM-based 4G/LTE Super Router called the SkiQ. The Company has designed this innovative communication device that will disrupt the traditional communications hardware industry, making routers, modems, satellite dishes, set-top boxes and media boxes obsolete. (>>View Full PR)
Lumber Liquidators Holdings Inc. LL
The options idea we submitted on LL earlier this week has made some decent progress that we wanted to report back to our readers this morning.
The stock has strung together two bullish sessions since then which has facilitated the following moves in our highlighted target contracts, the LL Weekly $27.50-29.50 Calls. The listed lows were logged on Tuesday, and highs recorded yesterday.
$27.50 Calls – Range: 3.00-8.54 – Max Gain: 185%
$28 Calls – Range: 2.30-7.79 – Max Gain: 239%
$28.50 Calls – Range: 3.36-7.32 – Max Gain: 118%
$29 Calls – Range: 2.00-6.75 – Max Gain: 237%
Strategic Global Investments, Inc. STBV
We also put STBV on our radar yesterday morning and it too produced a positive move on the day. From its low of .0731 the stock ran as high as .145, an intraday rip of 98% which came on more than nine times the monthly average volume.
We’ll continue to keep an eye on STBV which is at multi-year highs and firmly in blue sky breakout territory.
Medical Transcription Billing Corp. MTBC
We also want to circle back to MTBC, which we’ve been tracking since the morning of July 17th. Shortly thereafter the stock saw a low of 1.08 and it hasn’t looked back.Yesterday it reached a new high of 2.39, which marks a 121% run through a period of just over two weeks. We’ll continue to stay on its track, as the company just posted a solid quarterly report which included a 55% boost in revenue.
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