Month: July 2013

IWEB, STXS & Extended Watchlist

IceWEB, Inc. IWEB

IWEB provided us with a couple of chances for solid gains over the past three weeks, running from .024 to .0355, and then again from .023 to .04. Early on this week it has consolidated, and is currently holding support off of the 50DMA. What we’re looking for here, is for the stock to post higher lows and higher highs to signal to us that it is ready for a reversal.

In addition, the company continues its efforts to expand into a full-range cloud services provider, announcing yet another prestigious university that has chosen IWEB for its cloud computing needs. Read the PR below outlining the University of Southern California’s recent order:

STERLING, Va.–(BUSINESS WIRE)– IceWEB Storage Corporation – (OTC BB:IWEB) today announced that the Company secured an order from the University of Southern California for up to 5,000 users.

“USC chose an IceWEB 2200 2U IceBOX storage appliance with 8TB capacity expandable to 48TB.” Said CEO Rob Howe, “The IceBOX solution meets their exacting requirements for a private cloud collaboration platform… This is another step along our path to our new strategic transition from hardware and software only to Complete Cloud Services.” >>> FULL RELEASE


Stereotaxis, Inc. STXS
In case you missed yesterday’s afternoon update, STXS, after appearing in our morning report, went on to yield potential gains pushing 200% in a monster run that ranged from 2.33 up to 6.90. This, on the strength of an FDA clearance for one of their flagship products (already a success in Europe), and along with it the go-ahead to introduce it into US markets.

Not only is fairly uncommon to see a double-bagger in a single session, but even more of a rarity when it comes in the form of a NASDAQ-listed stock, so a big congratulations to anyone who was able to take advantage of this anomaly.

Extended Watchlist:
MTOR, BEAT, VICL, VUZI (gapping down, potential bounce-play)

AACS, GRPR (two sub-pennies with momentum as of late)

NVIV has pulled back after recent run, monitoring for support to offer a re-entry

Afternoon Updates: CLNOD, STXS

EQCO2, Inc. CLNOD
(Formerly Cleantech Transit, Inc. (CLNO)

Our mention of CLNOD this morning turned out to be an excellently timed call,with the stock trading from a low of .06 all the way up to .22, representing a move of 267%  Congratulations to anyone who was able to take advantage of this mover.

Stereotaxis, Inc. STXS
Traders scrambled to acquire a piece of STXS following Monday’s post-market announcement that the company had received FDA clearance to market its Vdrive™ Robotic Navigation System with V-Sono™ Intracardiac Echocardiography (ICE) catheter manipulator in the U.S. The company has had success with the Vdrive system in Europe over the past few years, and is likely to do the same here in America, The stock traded considerable pre-market volume today, leading us to include it on our Extended Watchlist.

STXS jumped out of the gate 2.33, and as of 11:02AM, hit a high of 6.90 for max gains of nearly 200%

STXS is definitely going to be a stock to keep an eye on moving forward as they begin to introduce the Vdrive system to the domestic market.

Options Trading Side Note:
Apple made quite an impressive move today, and the Calls are currently on fire. If the stock continues its bullish trend, we will be looking to reap the benefits in the Calls ranging from $450-460. For example, today already the $455 Calls have traded in a range from 2.00-5.22. If AAPL reached $470 by the end of the week, that could put these Calls in the range of $15.

URRE, VTPI, CLNOD & Extended Watchlist

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.

Vital Products, Inc. VTPI

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

Uranium Resources, Inc. | URRE | Momentum Play

Uranium Resources, Inc. URRE

We have a possible momentum mover today in the form of URRE. This uranium play caught our attention, as it has been on quite a rip over the past few sessions, trading in the 2.40’s last Monday to Friday’s high of 4.31.

The chart, while having just posted major gains, still appears ripe with the RSI punching into the powerzone, as well as impending golden crosses as both the 20 and 50DMA’s are rising toward the 200DMA.

Even in the event of these rapid gains leading to a pullback, we are going to want to stay aware of the possibility of resultant bounces which could be used to our advantage.

The company also announced an upcoming conference call for the benefit of shareholders Friday of next week, that we are going to be tuning in for:

LEWISVILLE, Texas, Jul 29, 2013 (GLOBE NEWSWIRE via COMTEX) — Uranium Resources, Inc. (Nasdaq:URRE) (“URI”) will host a conference call and webcast on Friday, August 9, 2013 at 11:30 a.m. ET. During the call, Christopher M. Jones, President and CEO, and Jeffrey L. Vigil, Vice President and Chief Financial Officer, will provide an update on URI’s strategies, outlook, and progress in advancing its Texas and New Mexico properties. A question-and-answer session will follow.

The URI conference call can be accessed by calling (201) 689-8471. The live webcast can be monitored at www.uraniumresources.com.

A telephonic replay will be available from 2:30 p.m. ET the day of the teleconference until Friday, August 16, 2013. To listen to the archived call, dial (858) 384-5517 and enter replay pin number 417986. Alternatively, the webcast replay can be heard on the Company’s website and a transcript will also be posted, once available.

About Uranium Resources, Inc.

Uranium Resources, Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced uranium by in-situ recovery (ISR) methods in the state of Texas and currently has a number of initiatives underway to return the Company to production. URI has over 206,600 acres of uranium mineral holdings and 144.8 million pounds of in-place mineralized uranium material in New Mexico and an NRC license to produce up to 3 million pounds of uranium per year. URI has an additional 664,000 pounds of in-place reserves in Texas. The Company acquired these properties over the past 20 years along with an extensive information database of historic drill hole logs, assay certificates, maps and technical reports.

Uranium Resources routinely posts news and other information about the Company on its website at www.uraniumresources.com

Extended Watchlist:
GOFF, SPMI, VTPI(possible rebound), KNDI, HSOL, INO,LUVU

IceWEB, Inc. | IWEB Continues Momentum

IceWEB, Inc. IWEB

IWEB continued its strong performance on Thursday, as we had anticipated, registering higher highs and higher lows for the third consecutive trading session.

After touching a low of .035, it jumped 14% to .04, a new high since our first mention of the stock. We also saw significant volume flowing, to the tune of more than 4X the 3mo. average.

Just as it did on Wednesday, IWEB closed with strength just under the high of day (.389). We’re going to be on the lookout this morning for a continuation of the momentum we’ve seen over the past few sessions.

The key area of resistance that we are looking to test is the 200DMA at .045. A move past that level would effectively put us into blue-sky breakout territory.

As we’ve continuously stated, while we have seen incredible short-term success from IWEB, our interest in the stock’s long-term potential is also still very much alive.
More Info @ www.iceweb.com

 

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