Tag: TBIO

Longer-Term Options Plays & More

Smith & Wesson, Adobe Options Review: 

As usual on Friday morning we formulated some fresh options ideas for the day, and just like usual, we met with some serious intraday gain opportunities. We had some targets in the SWBI Weekly $20 Calls and the ADBE Weekly $555-570 Calls and found success across the board.

In both cases the daily activity on the stock was enough to propel our designated targets to some serious moves and gain chances for our readers. SWBI saw a big move that was good enough to record it as the 6th highest gainer on the big boards for the session and it scored us a four-bagger on our tracked contract set!

Here were the total possible profits that were on the table for anyone who caught our report:

SWBI Weekly $20 Calls
$20: .70-3.51 (+401%)
_____

ADBE Weekly $555-570 Calls
$555: 5.30-12.92 (+144%)
$560: 2.02-8.20 (+306%)
$565: .43-3.53 (+721%)
$570: .86-2.02 (+135%)

Fresh Options Ideas:
TBIO 08/20 $17.50-20 Calls
MRNA 08/20 $195-210 Calls 

Extended Watchlist:
TRCH, AEI, MNOV, ENOB, PSWW, WNBD, NWGC, HPNN,  AHFD, BRTX

Blue Horseshoe Stocks: TBIO Recap & More

Transgenomic, Inc. TBIO

After noticing the stock’s significant premarket bullishness, we placed TBIO in yesterday morning’s report, and it’s a good thing that we did. It responded with a meteoric rise on the day en route to a very strong close.

TBIO traded in a daily range from a low of .67 up as high as 1.27, making intraday gains of up 90% possible, and the activity came on a torrent of volume, in the neighborhood of more than 37X the 3-month average volume.

TBIO continued to plow upward in post-market trading, and this morning has changed hands for as much as 1.64 a share in the premarket. Given the present circumstances, we wouldn’t be at all surprised to see the stock attain new highs once again today.

Puration, Inc. PURA

We were also keeping an eye on PURA, listing it in yesterday’s watchlist, and the stock recorded a modest yet solid session. On roughly eight times the monthly average, it traded up from a low of  .037 to .0482, a 30% increase.

PURA has been on a fairly steady upswing for most of this month so far, yesterday’s activity just being an extension of that pattern, so we’ll be on the lookout for a continuation of that current trend.

Ampliphi Biosciences Corp. APHB

We want to signal APHB as a possible bottom-bounce play this morning. Between it just showing a flicker of life off of recent relative lows, and the fact that it was trading at triple its current value just three months ago, we definitely want to keep this one on watch.

We’ve included a snap of the current chart, which illustrates what we’re talking about. This has the potential to become a solid recovery play in the days and/or weeks ahead.

Extended Watchlist:
IOTS, OPXA, CLSN, MEMP, ZSAN, VDRM, DRWI

Blue Horseshoe Stocks: 3 Stocks Hitting All-Time Highs

Uranium Resources, Inc. URRE

First thing this morning, we want to highlight the recent performance of URRE, which we slated for tracking in last Friday’s report. It has since made an appreciable move to the upside that is worthy of note.

We saw shares changing hands for as little as 1.62 before yesterday’s session carried the stock to a new high of 3.94, demonstrating a rise of 143% in just a few days’ time. Yesterday’s big push also came on record volume, to the tune of more than 25M shares traded.

It puts the stock in unprecedented territory in terms of momentum, so we’ll be very interested to watch the activity unfold from this point forward. We would have to surmise that a signifcant dip-and-rip could very likely take place at some point in the near future, so we’ll be looking to time that to our advantage.

OWC Pharmaceutical Research Corp. OWCP

Continuing along with our coverage of OWCP’s stellar performance this week, we have yet another new high to report this morning. We mentioned yesterday that the stock was trading at its highest prices since 2014, a fact which firmly designates OWCP as a Blue Sky Breakout play, and lo and behold, the breakout was destined to continue for yet another session.

The stock traded in a range from .26 to .41, an intraday pop of 58% which occurred on the highest volume in more than two months. The new high achieved pushed our already mind-melting observed range on the stock since our alert on September 29th, to an incredible 9011% in less than ten weeks!

Like the above-mentioned play, OWCP is now in uncharted waters, trading at its highest PPS levels of all time, and thus must be characterized as a Blue Sky Breakout, and treated as such.

PM&E, Inc. PMEA

Also coming out of yesterday’s premarket report to make quite a respectable intraday move was PMEA. This subpenny play traded in a range from .0008 to .0015 for a solid 87% move on the day.

Incidentally, it represented the third mention of the morning yesterday that would go on to set a new all-time high!

Galectin Therapeutics, Inc. GALT

Lastly, we want to radar an unfamiliar stock in GALT this morning after noticing a ripening chart setup. We have included a snapshot below pointing out the various aspects that we find attractive.

We’re going to place GALT on watch in the days and weeks ahead. A filling of the highlighted gap on the chart and return to September pricing, from current levels, would be a move of more than 100%

Extended Watchlist:
VAPE, PURA, SNMN, OBMP, HEMP, TBIO