Yippy, Inc. YIPI
YIPI recently caught our attention, as a stock that has been on a steady incline for months now. Yesterday’s activity was exciting, and despite the Dow being down over 100 points, YIPI managed a nearly 60% gain.
Any stock that is doing this well during a relatively turbulent time is certainly worth a second look.
The company also had some news out yesterday:
Arena Pharmaceuticals, Inc. ARNA
This stock has appeared on our newsletters before. On May 11th, we stated that “we want to watch this play carefully heading into the month of June, being the target month for FDA approval, as we believe that there could be trading opportunities in the meantime”
We turned out to be correct. In the days following our alert, the stock was trading as low as 5.50, and yesterday reached a high of 7.23, for a 31% gain. Should the company indeed receive the FDA approval it seeks, that 31% could be just a drop in bucket of some much larger gains.
We will keep our eyes peeled for any additional press coming over the wires. In the meantime here’s a link to this morning’s announcement: