View Systems, Inc. VSYM
We tagged VSYM in yesterday morning’s premarket report and despite an early dip to a low of .0014, the stock made a heck of a bounce in the latter portions of the day.
VSYM ran into the closing bell and ended just a tick below its high-of-day at .0028. It marked an intraday pop of exactly 100% and the move occurred on healthy volume to the tune of just over 2.5X the monthly average.
Chimerix, Inc. CMRX
CMRX grabbed our attention on Monday as we were noticing the massive 75% premarket selloff that was occurring. Failed clinical trials can be damning for a stock, but we felt as if the move was too reactionary and placed it on rebound watch.
Our exact words from Monday’s morning report were: “Knee-jerk selloffs of this magnitude don’t come along every day, but when they have in the past, we’ve almost always seen some measure of a recovery.”
The trading action that has followed certainly validated our assumption about CMRX. The stock has managed to record higher lows every day this week, as it has trended from Monday’s daily low of 6.43 to yesterday’s high of 8.56; a three-day swing amounting to 33%
That figure was extended to 43% as of this morning’s premarket high of 9.19. Based on the activity we’ve tracked to this point, it’s likely that we’ll continue our observation of CMRX into the new year.
Weight Watchers International, Inc. WTW
We’ve made ourselves familiar with WTW ever since the news of Oprah’s involvement with the company hit the wires this fall. We had tremendous success with WTW options at that time, and the stock itself appeared on our premarket watchlist yesterday.
It was a great time re-enter it into the mix as WTW ran from 20.63 to 24.22, marking a 17% move to the upside. We’d consider that quite an impressive single-session advance for $20+ stock.
We also drew attention to the WTW $22 Calls in our live trader’s chat (which are currently free and open to all of our readers*) and those went on to make a stellar performance, running from .40-2.15 (+437%) subsequent to our signal.
*Send a Skype contact request to ‘stocksumo’ to participate in our daily trader’s chats.
Extended Watchlist:
WRFX, BBRD, ZNTR, TPAC, CANV, APPG
