Tag: YIPI

Blue Horseshoe Stocks: Update on ONOV & More

BioNovelus, Inc. ONOV

We were just mentioning yesterday morning, how ONOV, since our initial tag of the stock on the 26th of April had been undergoing a serious uptrend. We’d witnessed a staggering 1617% run from .006 in April, to a new high of .103 on Monday.

We acknowledged the fact that the RSI indicated that the stock was overbought, but also noted that the impending Golden Cross on the chart overruled that, and kept it on our watchlist for further tracking. All we said we needed to see from the stock was for it to maintain support at or above previous support at .04 on any pullbacks, and it was never an issue. The bounce point and low of day was .087 and from there the stock ran 57% intraday to a new high of .1367.

That extended our total observed move on ONOV this spring to a brain-busting 2178% and allowed the stock to continue the blue-sky breakout currently in effect.

Motorcar Parts of America, Inc. MPAA 

After noticing a surge of insider buying beginning last week on MPAA, and the fact that it was searching for a new 52-week low, we placed MPAA on extended-term recovery watch yesterday, and got an immediate response.
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Our call of the bottom appears to have been absolutely perfect as MPAA rose from that annual low of 25.50 which also happened to be the low of day, and rebounded up to 30.97. That marked an intraday increase of 21% which is fairly impressive for a $25 stock. We’ll continue to monitor, and will be looking for it to begin to register higher base levels of support off of that newly established 52-week low.

Chatroom Reminder:

Speaking of great calls, our friend DJ from our live traders chat was up to his old tricks again yesterday, making an absolutely massive call. He noted that MYLI was extremely thin on the offer, and his vigilance provided huge potential rewards for the room.

The PPS was as low as .0025 following his mention at 9:46am, and peaked at .0145 late in the session for a chance at 480% in gains. This is why we constantly remind our readers that you are welcome to join our daily chats, as you never know when the next big gainer might get passed along!


To join in, just send a Skype contact request to username “stocksumo“.

Medina International Holdings, Inc. MIHI – We also want to radar this stock, which is a low-float news play that caught our eye this morning. (>>View PR)

Extended Watchlist:
SIPC, YIPI, TPIY, CLRB, EXAS, SPHS

BBDA, PPHM & Extended Watchlist

Bebida Beverage Co. BBDA

BBDA had another great day yesterday, hitting an all time high of .01, and closing strong at that price.

As you can see on the chart, the stock has had very few down days since mid-July, when we really began taking a great interest, as it traded as low as .0015.

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Peregrine Pharmaceuticals, Inc. PPHM

We want to mention PPHM as a blue sky breakout play. This stock has multiplied its value seven-fold since April.What we watch for in cases like these, is the eventual pullback, and resulting bounce that usually occurs. Patience in this matter could be duly rewarded.

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Extended Watchlist:

CLWR, VELT, YIPI, GYST, KMAG,  

 

IDOI, CMG & Today’s Extended Watchlist

IDO Security, Inc. IDOI &

We continue our coverage of IDOI this morning, after the stock made some impressive moves last week. Being as low as .40 on Thursday, we saw Friday’s close come in at .62, just one tick down from the high of day at .63. Total possible gain, 56%

Considering the post-market PR that came across the wires on Friday, we are observing for continued momentum. Untraded-upon news can often have a big effect, and we want to be sure to maximize our profits here.

We have provided yet another of our video presentations of the chart for your viewing convenience:

In an age when tragedies such as that which occurred this past weekend in Colorado seem to happen with increasing frequency, security is a concern at the top many people’s lists. A company like IDOI is poised to serve growing demand for added security measures in all public venues.
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Chipotle Mexican Grill, Inc. CMG

CMG stock fell 20% (Down 86.00/share) as a result of their recent earnings report, thus we are looking bounce activity on CMG options.

The $350 07/27 Calls closed at .40 on Friday. The $350 08/18 Calls closed at 2.54. Provided the stock can recover some of its lost ground, and get back above its 200DMA (373.33), those options are going to work out very well. Therefore, we will be watching closely for the stock’s recovery.

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Extended Watchlist:

WAVX, BBDA, YIPI, GEN, AAPT, BFGC, LLTP

TLON (FDA PDUFA 08/12/2012)

HZNP (FDA PDUFA 07/27/2012)