Uranium Resources, Inc. URRE
Our call on URRE yesterday bore fruit almost immediately, as the stock came out of the gate trading as low 4.46, before spiking to the high of day at 5.53 (+24%). For people who missed out on that first surge, there was yet another opportunity after lunchtime, where the stock pulled back to 4.80 before taking off again, running into the close at 5.321 (+11%).
Total intraday gains of 35% seem exceptional for a stock in this price range, especially when you consider the fact that it came on just over 25X it 3mo. average volume.
We also earned an appearance on the Penny Stock Rumble for our mention of URRE:
URRE appears to be gapping down this morning. Remember, the stock was already up significantly prior to appearing in our report, so we wouldn’t expect further gains without first seeing a consolidation.
VTPI has hit our scanners as a possible reversal/bottom play. The stock has been beaten down recently, so we’re going to put it on our watchlist. If it can hold support at a penny, the chance for a bounce-play could present itself.
EQCO2, Inc. CLNOD
(Formerly Cleantech Transit, Inc. (CLNO)
We also wanted to point out that a stock we’ve been following since March, has undergone a forward split and name change, as highlighted in the PR below.
As Cleantech Transit, CLNO provided us some of the biggest gains we’ve ever seen, going from sub-penny prices all the way to .365. We will definitely continue to follow its activity after this change in direction and share structure.
LAS VEGAS, NV – (July 29, 2013) – CleanTech Transit, Inc. (CLNO) today announces that its name is now EQCO2, Inc. and the company will proceed with its five to one (5:1) forward stock split of its common shares. FINRA has finished processing the Company’s request for its new name and forward split to allow for the changes.
At the market opening on July 30, 2013, the Company’s common stock will begin trading on a post-split adjusted basis. The Company’s common stock will trade for 20 business days under the symbol “CLNOD” and then the Company’s trading symbol will revert to “CLNO.”
The change to EQCO2, Inc. was made to reflect the Company’s new direction, which is the offsetting, by equalizing/neutralizing, carbon dioxide emissions, so EQCO2.
Extended Watchlist:
HUSA, BIOD, LTBR, LLEN, STXS, SNTA