Tag: SPOM

Blue Horseshoe Stocks: SPOM, SRPT Recaps & More

Winning Pick Review

SPO Global, Inc. SPOM is a subpenny play that appeared in yesterday morning’s premarket report, and we got some good action out of the stock on our first day of tracking. We witnessed a run from .0042-.0058, which marked a respectable 38% pop on more than triple its monthly average trading volume.

Sarepta Therapeutics, Inc. SRPT – We began talking about SRPT last Wednesday, and cleaned up with a couple of ideas we had for trading weekly options contracts. We tagged it once again in yesterday’s watchlist, and the stock went on to set a new high. It traded in an intraday range from 14.52-18.14 for a 25% gain on the day. The stock is gapping up morning. From our observed low on Wednesday at 10.45, today’s high of 18.80 represents a 80% swing overall.

xG Technology, Inc. XGTI

We’ve tracked this stock in the past, most recently mentioning it in our report on 04/21. It took a few sessions beyond that to see the stock find support at .08, but we’ve seen it inch its way up since, and this morning we witnessed a premarket high of .1751 in the stock.

It marks an upswing of 150% over our observed low, and signals us to pay careful attention in coming sessions.

Pernix Therapeutics Holdings, Inc. PTX

PTX is another stock catching our interest after we noticed some abnormal activity on the heels of a large investor boosting his stake in the company while it had simultaneously reached a new 52-week low.

The stock is moving again in the premarket, and will be another worthy candidate for our watchlist as we head into midweek.

The last time one of our tracked plays caught momentum off of a large institutional investor taking up a big position was VLTC. Some of our more seasoned followers will surely remember that stock and the astronomical moves it made in such a situation.

Extended Watchlist:
AWGI, CRDS, CBBT(Abnormal Volume)

Blue Horseshoe Stocks: GLBS Recap & More

Globus Maritime Ltd. GLBS – Update

GLBS was among the shipping sector plays that we were talking about in Friday morning’s premarket report, and it ultimately ended up being the most interesting one of the bunch. The sector as a whole seemed to be buzzing leading into Friday, and the activity that coincided in the GLBS chart, which made several tradeable swings on the day.

It started from the opening bell when the stock initially ran impressively from .66-1.63 for gains of up to 147% right off the bat. We then observed a pullback whereafter the stock bounced from .95 on up to the high of day at 1.78; that added an 87% rip. Subsequent to that, yet another dip and rip carried from .97-1.41, tacking on another 45% upswing.  In total, cumulative single-session gains for GLBS came in at 279% as the stock traded record volume.

We often search for plays with volatility of this magnitude because they can be excellent for quick intraday flips as GLBS demonstrated on Friday. We’ll be interested to see how it establishes itself as things get going this week. More opportunities may be on the horizon.


Bottom Watchlist

The following trio of stocks caught our interest off of our bottom-play scan this morning. In the case of RCPI we’ve got a stock that’s been steadily beaten back into heavily oversold territory, while BIOC and STX have both violently gapped down in recent sessions. We’ll have all three on extended watch for potential bounce-play opportunities.

Rock Creek Pharmaceuticals, Inc. RCPI
Biocept Pharmaceuticals,Inc. BIOC
Seagate Technology Public Ltd. Co. STX

We’ve also included a conglomerate snapshot of all three charts:

Extended Watchlist:
SPOM, SRNA, SRPT, LBSR, GOFF