Tag: VXRT

BSGM Update & More

BioSig Technologies, Inc. BSGM

We are still tracking BSGM as we open up another trading week. If you recall one of our recent reports where we mentioned having talked about this stock on multiple occasions (April 7th, April 22nd) you can see that we’ve preen pretty hot on its trail through its whole recent run.

Our observed low on BSM came in at 3.45 shortly following our initial alert on it, and as of today in the premarket, we’re seeing high marks of as much as 9.25. That works out to an overall increase of in a matter of roughly three weeks.

The company has also just submitted an investigational new drug application with the FDA for its orally administered coronavirus treatment. We’re going to be very interested to continue keeping an eye on the activity in BSGM which has now been running hard for a full seven sessions.

Options Ideas 

Facebook’s announcement that it would be entering the multi-user conferencing arena, has us temporarily bullish on FB and bearish on ZM. We will formulate some quick-strike options ideas accordingly;

FB Weekly $192.50-197.50 Calls
ZM Weekly $160-155 Puts

Extended Watchlist:
AABB, FCEL, TPTW, UVFT, VODG, VXRT, XALL

New Highs to Report

More New Highs for Biotechs

Essentially every play we’ve been tracking that is in any way related to medical/biotech have been setting new highs as fast as we can update them. The coronavirus hysteria, along with an underlying need for a market correction is producing some incredible effects.  Here are the new highs on such stocks on our watchlist.

Co-Diagnostic Inc. CODX – As we were mentioning yesterday, we’ve been on the trail of CODX since the end of last month, at which time we observed a low of 1.52. Yesterday, just as we cautioned it would, the stock reached as high as 19.67. That extends our observed range on this play to 1194%
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Vaxart Inc. VXRT – Another coronavirus play we’ve been watching has been VXRT, beginning on January 31st  at a low of .956, and there is an impressive new high to report here as well,. The stock hit 3.40 yesterday, which brings our total possible gains on VXRT to 256%
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iBio, Inc. IBIO – Lastly, is a stock we placed on watch just a shade under three months ago, in IBIO. Subsequent to our tag on 12/05, we observed a low of .189 in IBIO, which has given way to a new high of .887 this week as viral virus fears continue to sweep the investment community. That represents a gain of 369%

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Fresh Options Ideas: 
SPY 03/13 $298-301 Calls

Panic Buying/Selling Goes Viral

Co-Diagnostic Inc. CODX – Review

The last time we mentioned CODX in one of our reports was toward the end of last month, and at the time the coronavirus was not inspiring as much fear as it is presently, but the stock had still already begun to trade high volume and edge upward.

Now, with the CDC warning of a potential pandemic, even as some public officials attempt to downplay the significance, fear-buying has driven up stocks like CODX, which happened to be the #2 gainer on the NASDAQ yesterday. It enabled new highs for us, and we’ve now seen CODX run from a low of 1.52 up to 10.89 in just over a month’s time! That’s a fantastic increase of 616%

The stock has broken $14 in the premarket, so our observed range stands to increase significantly today.

Vaxart Inc. VXRT

Speaking of coronavirus plays, we signaled VXRT on January 31st and promptly provided an update this month on the 4th, and it too has enjoyed a fear-powered run up the chart.

Our initially observed low on this play was .956, and as of yesterday’s new high of 1.91 that works out to an upswing of 99% With the stock on the verge of hurtling upward into blue skies, (over $2 in the premarket) we’re going to want to continue to keep an eye peeled for further activity.

Fresh Options Ideas:
SQ Weekly $78-80.50 Calls
MAR Weekly $120-117 Puts 

Extended Watchlist:
PXYN, MRNA, TNXP, INO, LMPX, SIX,