Tag: SOMX

IDOI, BRGO & Today’s Extended Watchlist

IDO Security, Inc. IDOI

IDOI makes its way back into our newsletter this morning. This is a stock we’ve covered since the 16th of February, and in that time, we have seen quite a lot of profit.

Following our intial alert, the stock was trading as low as .37, and subsequently ran as high as .56 in late March. In April, it dipped back to .34 before hitting a high of .485. We took the stock off our radars following these nearly 100% in gains, and didn’t give it much attention until we began assigning it to our Extended Watchlist around the beginning of last month. By that time, the stock had begun to slide, until reaching a low of .22 and finding its bottom. At that point, we began to observe a definite recovery, as it held higher lows off of that support level.

Which brings us to the present. This week saw a low of .28, and with the past two days of monstrous volume (more in 2 days than the previous 2 weeks), the stock has now begun to approach another breakout point.

We have provided you with a video presentation outlining the finer points of the IDOI chart.


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Bergio International, Inc. BRGO

BRGO has not made our newsletter since early September of last year. From that time, the stock saw a range of .091-.145 for a 59% possible gain. BRGO hits our radar again today as a momentum play.

The stock has been on a beast-like run, and closed at its high of day yesterday, with volume mounting to the tune of more than 21X the 3mo average. For that reason, we wanted to mention it once again today.

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Extended Watchlist:

GRAVF, IWDM,SOMX

DIMI, SOMX & Today’s Extended Watchlist

DiMi Telematics International, Inc. DIMI

We are adding DIMI to our radar this morning, as a possible dead-cat bounceplay. We always like to find stocks that have recently taken a beating, and attempt to anticipate resulting bounces.

Watching the level 2 late in the day yesterday, we noticed support building in the .07-range, and saw the stock trading heavily at .08 into the close.

We will of course be exercising extreme caution, but the potential for a recovery surge is pronounced, and thus we will want to keep a close eye for any possible gains.

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Somaxon Pharmaceuticals, Inc. SOMX

We wanted to give a nod to SOMX this morning, as a stock that recently enjoyed a surge on extremely positive press.

It appears as if the surge could continue, as the stock seems to be gapping up this morning, so we will keep an eye peeled for that occurance.

SAN DIEGO, Jul 17, 2012 (GlobeNewswire via COMTEX) — Somaxon Pharmaceuticals, Inc. (Nasdaq:SOMX), a specialty pharmaceutical company, today announced that it has entered into separate settlement arrangements with Mylan Inc. and its subsidiary, Mylan Pharmaceuticals, Inc. and Par Pharmaceutical Companies, Inc. and its subsidiary Par Pharmaceutical, Inc. to resolve pending patent litigation involving Silenor(R) 3 mg and 6 mg tablets.

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Extended Watchlist:

GTGP, SVNT,