We had included ACDU in Friday’s newsletter after noticing increased volume and building momentum in Thursday’s session. Opening strong and rallying out of the gate, the stock touched a high of .0093 before consolidating and retracing on a midday pullback. We observed as ACDU found support and bounced from .0061 back up to .0086 (+42%) and ended the day solidly at .0083.
Congrats to anyone who was able to take a quick profit from ACDU.
Gogo, Inc. GOGO
We’ve been monitoring GOGO pretty closely since Sept. 16th at which time the stock was trading at 14.79. By Sept. 26th, we saw the stock hit a high of 19.80. Over roughly the next month, GOGO retraced back to 15.90 (10/24). This morning GOGO appears to be gapping up significantly, hitting a high of 22.30 premarket, so we’re definitely going to continue paying close attention to this stock.
Geron, Corp. GERN
After we mentioned GERN in Thurday’s report, we saw a good short opportunity as the stock fell from the high 7.70’s to below 6.00.
On Friday the stock opened in the 5.00-range, and continued its descent, trending down to the mid-4.00 range. As GERN has pulled back so drastically in a small amount of time, we are watching for the dust to settle, and poising ourselves for the potential rebound which could follow.
Oxygen Biotherapeutics, Inc. OXBT
NQ Mobile, Inc. NQ
OXBT made a move from a low of 1.46 to 11.40 for a 681% gain since we began following it near the end of October.
Roughly around the same period of time, we also starting watching NQ, at the time trading as low as 8.42, which would go on to hit a high of 15.85, an 88% gain.
Both of these stocks underwent big consolidations last week, and began to rebound toward the end of the week. As is often the case following major runs, large pullbacks, if properly timed can make for some excellent quick-strike opportunities to profit. Thus, we still have both of these on our radar.
From Friday’s Extended Watchlist:
Revolution Lighting Technologies, Inc. RVLT
RVLT traded as low as 2.88 on Friday before hitting a high of 3.54, a possible gain of 23%
SunEdison, Inc. SUNE
SUNE traded from a low of 11.00 to 12.75, a positive intraday move of 16%
Groupon, Inc. GRPN
GRPN traded in a range from 9.45-10.43, a 10% gain.
Peregrine Pharmaceuticals, Inc. PPHM
PPHM saw a 1.22 low and went on to close at its high-of-day at 1.30, for a modest 7% increase.
DROP (Coming off recent lows),TCPS, XCLL(Golden Cross), DSCO, FRO, NNVC, GURE, CLRX, ZLCS (Huge gap down, watching for possible rebound)