CETV, PROW, TGRO, TSEM, ORMP, ARIA & Extended Watchlist

Central European Media Enterprises, Inc. CETV

We’ve been tracking CETV for quite some time now, having initially alerted the stock on May 10th following a routine Form-4 (Insider Trading) scan. We learned that a large block ($75M worth) of shares had just been purchased by none other than Time Warner, and took notice immediately. We observed the stock make a monster move of 147% before being subjected to a large gap-down (hit 52-week low @ 2.03) at the end of October.

We decided to re-alert the stock on November 13th, by which time it was trading as low as 2.12. Since then, it has been stair-stepping its way back up, having seen highs in the high 3.20’s last week. We’re looking for a breach of the 50 and 200DMA’s (3.48, 3.86 respectively), following which the filling of that large gap on the chart could result in further significant increases.


Progress Watch Corp. PROW

On Friday, we mentioned that we were looking for a break of a key resistance areat on PROW, the 200DMA residing in the .007’s, and the stock indeed surpassed and held above that mark into the close. After opening at .0065, PROW would see a subsequent high of .0098, an intraday run of 51% on more than 5x its 3mo. average volume.

We warned of PROW’s extremely tight share structure, which allows for significant increases on relatively small amounts of buying pressure. The stock demonstrated our point quite succinctly.


Tiger Oil & Energy, Inc. TGRO

Also appearing in Friday’s report was another of our recent favorites in TGRO, a stock which has afforded us ample opportunities in the two weeks that we’ve been tracking it. With our first alert coming exactly two weeks ago, the stock has run from a low .36, all the way up to 1.08, good for a mega-gain of 200%

For those who may have only caught Friday’s alert, there was still the chance to make up to 43% in profit from TGRO’s daily low of  .755 to the 1.08 high.


Extended Watchlist Winners

Friday’s Extended Watchlist also included a few choice picks that put up very respectable sessions to close out the week.

Tower Semiconductor Ltd. TSEM enjoyed a nice move of 26% trading in its daily range from 6.00 to 7.53.

Oramed Pharmaceuticals, Inc. ORMP spiked 36% running from 10.05 to 13.69.

ARIAD Pharmaceuticals, Inc. ARIA has been an Extended Watchlist mainstay since Nov. 12th, being as low as 2.31. Friday’s high of 7.75 represents a great run of 236% in just a little over five weeks.


Extended Watchlist:
BISU, AMRN, XRTX, CANF, CBMX, WPCS, S, AAPL(Big news with China Mobile),

TGRO, OLIE, PROW, ARIA & Extended Watchlist

Tiger Oil & Energy, Inc.  TGRO

We’ve been following TGRO since Monday of last week, at which time the stock was trading as low .36. After running up to the low .60’s, we observed the stock pull back to .38. We were encouraged to find that it held support above our initial alert low, as higher lows following a pullback are often a good sign.

Sure enough, since then, the stock has been stair-stepping its way up to hit yesterday’s high of .75. That marks a 108% overall move from our initial alert price, and up to 97% from TGRO’s most recent low of .38.


Olie, Inc. OLIE

On Wednesday, OLIE was an excellently timed call for us. We had the opportunity to make up to 147% profit as the stock ran from .0082-.02 before pulling back significantly to close at .0097.

Following up in yesterday’s report, we stated: “…with the kind of volatility we’re seeing out of OLIE, we definitely want to pay attention heading into week’s end. Further opportunities could certainly present themselves.” Our call turned out to be spot-on once again.

The stock shot right out of the gate to make a rapid 55% move from .0097 to .015. Then, following a pullback to .0108, it ran again, this time to .016, a 48% spike.

That brought our two-day total cumulative gains on OLIE to an impressive 250%


Progress Watch Corp. PROW

PROW popped up on our abnormal activity scanner yesterday, and we had to make certain to pass it along today.

Chart conditions appear to be favorable: The RSI is ready to breach into the power zone, and the MACD recently experienced a bullish cross. The 50DMA is rising sharply toward the 200DMA that should lead to a golden cross in the week and months ahead. Presently, we’re looking to see PROW push through and hold support above its 200DMA at  .0072.

We also want to point out that PROW boasts an extremely tight share structure, with only 25.1 million in the float as of March of this year. A stock trading at this increment with such a low float needs only a relatively small amount of buying pressure to produce significant gains.


ARIAD Pharmaceuticals, Inc. ARIA

We’ve been tracking ARIA ever since November 26th. Since that time, we’ve observed the stock trading as low as 3.80. ARIA has been picking up steam over the past few sessions, posting higher highs and higher lows for three consecutive days.

Yesterday it hit a high of 5.58, marking an increase of 47% over recent lows.


Extended Watchlist:
PLPE (Gapping Down on Large Premarket Volume), AMRN, ORMP, TSEM, CLWT, CYTR, BCRX,

CBIS, OLIE, BGMD & Extended Watchlist

Cannabis Science Inc.  CBIS

CBIS is among the medical marijuana cast of characters that we’ve been following for a very long time. We began tracking this play almost two years ago, and have certainly seen a fair bit of dips and rips during that time. Freshest in our minds would be our alerts from this past February, at which point we witnessed huge gains as CBIS rose from the .04-range all way up to .1195.

We decided that now was as good a time as any to re-alert this play, as we’ve noticed it coming off of its 52-week low at .0299. At this time of year, it’s common to see stocks being subjected to tax-loss selling. We want to be on our guard as this period winds down, when selling pressure is likely to be alleviated. Stocks like CBIS stand to gain ground when that happens, as we head into 2014.


Olie, Inc. OLIE

OLIE turned out to be a well-timed call for us from yesterday. The stock may have ended the session in the red, but not before running from .0082 all the way up to a high of .02! That was good for an intraday mega-move of 147% on almost ten times the 3mo. average volume.

As we said, there was a significant pullback into the close at .0097, and with the kind of volatility we’re seeing out of OLIE, we definitely want to pay attention heading into week’s end. Further opportunities could certainly present themselves.


BG Medicine, Inc. BGMD

We had BGMD in yesterday’s extended watchlist, as we were tracking its pullback off of a recent spike. We did in fact get the bounce that we were looking for; following its morning low of .87, the stock would go on to hit a high of 1.05. A strong close at 1.04 suggests that momentum could carry over, and indeed we are seeing the stock gapping up in pre-market trading today.


Extended Watchlist:
ALIM, PERI, PSDV, OXBT, CDTI, TSEM, GILT