KNDI, PPHM & Extended Watchlist

Kandi Technologies Group, Inc. KNDI

This morning, we are revisiting a play that has been periodically appearing on our Extended Watchlists since this summer. Following a July 15th alert, we would see KNDI dip as low as 4.41 (07/23). We continued to monitor the stock through to September, as it went on to hit a high of 9.20 (10/26), marking an increase of 109% in roughly three month’s time. However, our adventures with KNDI had only just begun.

By early November, it had settled back to a low of 6.15, and it hasn’t looked back since. Moderate gains gave way to full-on breakout mode on Friday as the stock rocketed to a high of 10.4784, marking a gain of 70% off of its most recent low, and a 138% rise from our original alert low of 4.41. This huge move came just a few days after the following announcement:

This is definitely a story that we will continue to follow in the New Year, as the company expects to increase its delivery of electric vehicles. CEO Hu Xiaoming recently stated: “In 2014, we expect our EV business may surpass our legacy go-cart business and become a major revenue generator for the company,”

More information : http://www.kandivehicle.com

Peregrine Pharmaceuticals, Inc. PPHM

PPHM is an old-time favorite of ours that we wanted to call attention to this morning, as the stock is undergoing some notable pre-market trading action. From lows (1.25) following our most recent alert on PPHM is gapping up significantly, currently trading in the high 1.40’s on a PR fresh out this morning. We’re very interested to see how far the current trend will carry, so keep an eye peeled on PPHM.


Peregrine Pharmaceuticals Initiates Sunrise Pivotal Phase III Clinical Trial of Bavituximab in Second-Line Non-Small Cell Lung Cancer

Company Launches www.SunriseTrial.com to Assist Patients and Physicians

TUSTIN, CA, Dec 30, 2013 (Marketwired via COMTEX) — Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM), today announced the opening to enrollment of its SUNRISE trial at leading oncology centers in the United States. SUNRISE is a pivotal Phase III clinical trial comparing the company’s investigational immunotherapy bavituximab plus the chemotherapy docetaxel against placebo plus the chemotherapy docetaxel in patients with second-line non-small cell lung cancer (NSCLC). This trial will enroll approximately 600patients from more than 100 medical centers worldwide. >> FULL PR

Extended Watchlist:
AMMX, PROW, BIOL, CYTR, AVL(Coming off double-bottom)

CNDO, FREE, WPCS & Extended Watchlist

Coronado Biosciences, Inc. CNDO

When we last visited CNDO, we made mention of the large gap on the chart that we were looking to see filled. At the time (Dec.12th), we observed prices as low as 1.75. Now two weeks later, we have seen some real strides toward the filling of that gap, with yesterday’s high of 3.09 marking a gain of 77%

The stock has been making higher lows for the past four sessions, and we’ve mentioned that a break of the 50DMA could lead to further gains. Now that it has happened, we are going to be extra vigilant over this play.

We took the liberty of drawing up a video chart on CNDO for your convenience:

As far as options trading is concerned, we are currently eyeballing the 01/18/14 2.50 Calls, which closed at .72 yesterday. A return of the stock to previous levels in the $4-5 range would likely yield multi-bag gains on those contracts.

FreeSeas, Inc. FREE

FREE has been a big winner for us in the recent past. Following our last alert, the stock was trading as low as 1.12. We had previously ridden FREE for gains of more than 400% and after watching it consolidate heavily, we mentioned that chart indicators were signaling the beginning of what we assumed would be another significant run.

Once again, our assumptions proved to be highly accurate. The stock has found its way off its bottom, yesterday reaching as high as 2.40. That marks an opportunity for gains on the order of 114% in just a couple of weeks.

WPCS International, Inc. WPCS

On December 23rd, WPCS appeared in our extended watchlist. It didn’t take long to see a positive move out of this stock; yesterday as it traded from a low of 1.46 to 1.619, it afforded traders the chance at a modest 11% gain.

We really want to keep an eye out for further movement on WPCS, as the stock is gapping up heavily this morning, to the tune of roughly 80% This comes on the heels of yesterday’s news that the company has developed a Bitcoin trading platform to capitalize on the recent digital currency fad.

EXTON, PA, Dec 26, 2013 (Marketwired via COMTEX) — WPCS International Incorporated (NASDAQ: WPCS), (“WPCS” or the “Company”), today announced that its wholly-owned subsidiary, BTX Trader, LLC (“BTX Trader” or “BTX”) has released a beta version of its Windows-based trading platform that is now available to the public at www.btxtrader.com. BTX Trader, which was recently acquired by WPCS, is the first trading platform to enable Bitcoin traders and industry researchers to access market data and execute orders on the five most popular Bitcoin exchanges in a single application.

Extended Watchlist:
PROW, DRYS, GNK, NEWL, EGLE, RSOL, SHIP

TGRO, GOGO, IMUC & Extended Watchlist

Tiger Oil & Energy, Inc. TGRO

TGRO continued to push itself to new highs on Tuesday, as the stock we’ve followed from a low of .36 (12/09) reached 1.47, extending our total possible gain in just a few weeks to 308%

We’ve obviously been extremely pleased with the performance of this pick, but as is the case with any stock that sees gains this large is so small a time-frame, it is by this point that one usually considers taking profits.

For more adventurous folks who might want to leave something on the table, we would suggest the possibility of using a stop-loss, in this case, the bottom of the previous session’s candle at 1.00.

Gogo, Inc. GOGO

GOGO began to rebound on Tuesday after a recent consolidation, holding support and bouncing off of the 50DMA. Many of you will recall our coverage of this popular tech play dating back to September 16th, when we caught it as low as 14.79. It went on to hit a high of 35.77, gaining 142% before the subsequent pullback we just mentioned occurred.

We want to keep an eye on GOGO, now that it has bounced off the $23-range, and is making its way back up, with pre-market trades currently going off above $26.

As far as options trading ideas for GOGO, we are interested in the January or February $30 Calls. For example, the February Calls previously closed at 1.70. If GOGO returned to $36 by 02/22 , those contracts could be trading in the $6 area, which would be good for more than a 250% gain from current levels. .


Extended Watchlist Winners
As is usually the case, we had a few picks from off of our extended watchlist that presented opportunities on Tuesday.

Bioanalytical Systems, Inc. BASI

Daily Range: 2.75-3.80  Gained: 38%

Noah Education Holdings, Ltd. NED

Daily Range: 2.34-2.56  Gained: 9%

ImmunoCellular Therapeutics, Ltd. IMUC

Daily Range: .96-1.09  Gained: 14%

Note: IMUC appears ready to continue its run today, gapping up in pre-market trading. Stay on top of this one, as several key chart indicators are beginning to look favorable. The RSI is starting to come off of being heavily oversold, and the MACD appears ready for a turnaround. As we’ve pointed out below, there is a large gap on the chart, the filling of which would spell significant gains providing it can break through the 1.20-range. We’ll be certain to have this one on our radars in the days and weeks to come.

Extended Watchlist:
ARIA, SPCHB, EROC, GNK

TGRO, PROW & Extended Watchlist

Before we break for tomorrow’s market closure, we’d like to take this opportunity to extend our warmest season’s greetings to our treasured audience, you! Happy holidays to all of our friends around the world! Whatever your personal beliefs may be, however you choose to celebrate tomorrow’s off-day, we hope you have a safe and wonderful time. We’ll see you all bright and early on Thursday morning!

Tiger Oil & Energy, Inc. TGRO

TGRO continued to blossom yesterday, attaining a new high, as it traded from a low of .96 into a strong close at the high-of-day of 1.25, and doing so on over 3X its 3mo. average volume. That was good for a solid 30% intraday rip, and at the 1.25-level a gain of 247% from our original alert at .36 (Dec. 9th) was possible. Congrats to anyone who’s been able to clean up here, as there has been ample opportunity for all.

The stock continues to achieve higher highs and higher lows, always a favorable sign concerning its chances to continue trending up moving forward. We’ll be interested to monitor its activity both before and after the holiday hiatus.

Yesterday, once again, TGRO made us the champions of the Penny Stock Rumble, sweeping both categories: Percentage gain, and dollar volume!

Progress Watch Corp. PROW

Like TGRO, PROW also managed to achieve higher highs and higher lows on Monday, affording it our close attention. After delivering us a 51% possible gain on Friday, it continued its run, opening at .009 and peaking at a high of .013.

That gave us another opportunity to profit, this time to the tune of 44% on thrice the average volume. That brings our two-day cumulative gain total on PROW up to a very respectable 95%

Extended Watchlist:
SUPN, IMUC, AUMN, GENE, NED, BASI, SGYP, AAPL, FB

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),

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