ARIA, PVG, ATRM, TEMN, INVA & Extended Watchlist

ARIAD Pharmaceuticals, Inc.  ARIA

ARIA is the first of three solid winners to come off of our Extended Watchlist from Friday morning. The stock began by touching a daily low of 3.30, followed by a run into the 4.04 high, marking the opportunity for intraday gains of up to 33%

Just a word of caution, the company has a pending lawsuit in which it is being sued by a multiple plaintiffs in a securities fraud case that will commence next month. On October 9, 2013, the Company announced that the U.S. Food and Drug Administration placed a partial clinical hold on all new patient enrollment in clinical trials of Iclusig, following reports of non-serious and serious adverse events in Iclusig-treated patients. Following this news, the price of ARIAD shares dropped nearly 66%, or $11.31 per share, from the previous day’s closing price of $17.14 per share, to a closing price of $5.83 per share on October 9, 2013, on extremely heavy volume.

As a result, investors who purchased ARIA stock between Dec.’11 and Oct.’13 are eligible to take part in the class-action suit.


Pretium Resources, Inc.  PVG

PVG was another substantial gainer for us on Friday, bringing us gains to the tune of 48% as the stock tore out of the gate, pausing only briefly near its low of 3.93 before skyrocketing as high as 5.80 early in the session. For the remainder of the day, PVG held much of those daily gains, and managed a strong close at 5.32.

That kind of momentum makes PVG a good candidate for a possible continuation of momentum, so we want to make sure we’re paying close attention as we begin this short trading-week.


Aetrium, Inc. ATRM

ATRM is another one that came out of the gate with guns blazing on Friday. After opening at 8.46, the stock spiked sharply to a morning high of 10.45, nice 24% move.

Later in the session, we observed a bounce from 5.60 back up to 6.68, which added an opportunity for an additional 19% gain, bringing the total cumulative gains for ATRM to a very respectable 43%

When added to the gains we saw from our other selections, our total possible gains for Friday’s session topped out at 124% All in a day’s work!



Team Nations Corp. TEMN
&
Inova Technologies, Inc. INVA

We observed these two sub-penny plays hitting our scanner on Friday, trading substantial volume. We want to be on the lookout for any possible continuation of momentum heading into this week.

In the case of INVA, the stock was trading at more than a penny as recently as October, and is now coming off of a bottom, so it will interesting to see how much of its lost ground it can gain back. A return to October levels would mean gains up to and exceeding 100% from its current price.

TEMN Video Chart:


Extended Watchlist:
INO, OREX, CAMT, SIRI, DVAX, ONVO, GLUU

GOGO, AZC, PHOT, CBMX & Extended Watchlist

GOGO, Inc.  GOGO

Yesterday after appearing as a focus in our morning report, GOGO responded by posting yet another solid performance. After sinking to a daily low of 27.11, we witnessed a 12% intraday move to 30.26 on twice the 3mo. average volume. That was followed by a strong close, as it held the majority of its gains at 29.70.

The following screenshot captures the activity of the options we were interested in: The 01/18 $30 Calls made a 78% intraday move, and with the way GOGO is trading up pre-market, it’s fair to expect these contracts to be pushed even deeper into the money, adding to our already impressive chances for profit.


Augusta Resources Corp.  AZC

AZC also had a positive showing after yesterday’s report; the stock traded in a range from 1.06-1.25, giving us the opportunity to bank up to an 18% gain. We were correct in assuming that this recovery play was worth our attention, and a return to pre-11/20 levels would still mean significant gains from where it sits now.


Growlife, Inc. PHOT

We’ve continuously covered PHOT for over a year now, and the stock has definitely brought us some prime opportunities for sizable gains, as a quick glance at the chart will show. A recent dip back to the .06-range has been immediately followed by a significant bounce. We are looking at resistance sitting at .095 and from there it has a good chance to re-test recent highs.

We’d like to see higher lows today to confirm that PHOT is indeed back on an uptrend.

To take an even more in-depth look at the PHOT chart, view the video we prepared this morning:


CombiMatrix Corp. CBMX

CBMX came off of yesterday’s extended watchlist to have a big day. The stock opened at 2.48, and would ultimately touch a high of 4.44, which was good for a 79% intraday rip. This came on roughly 48X times the 3mo. average volume, so a stock with this kind of momentum flowing through it will surely continue to be on our watchlist as we close out the week.


Extended Watchlist:
MRIB, ARIA, USU, PVG, POZN, ATRM, ONVO, OIBR,

GOGO, NQ, GERN & Extended Watchlist

Gogo, Inc. GOGO

We’ve been pounding the table on GOGO for the past couple of months, and the stock had a great session following yesterday’s mention on the strength of their earnings release. From our initial alert price at 14.79, yesterday’s high of 24.85 represents a gain of 68% on roughly 6 times the 3mo average volume.

3rd Quarter Earnings Highlights

GOGO ATG4 Video


NQ Mobile, Inc. NQ

NQ also had a fruitful session to kick off the week yesterday, trading from a low of 11.55 up to 13.55, a 17% intraday gain.

The low following our first alert on NQ was 8.42; yesterday’s high represents an increase of 61%


Geron, Corp. GERN

GERN behaved as expected yesterday; if you recall, we were looking for the stock to reverse its downtrend, and it did find a bottom at 4.69. The resulting bounce pushed the price up 10% to 5.18, and the stock closed at 5.05.

Moving forward were looking for GERN to achieve higher lows, holding support above yesterday’s low of 4.69.


Extended Watchlist:
REVI, VNDA, ARIA, PERI, DNDN, CIMT, RNA

OXBT, CETV, APP, CYBK & Extended Watchlist

Oxygen Biotherapeutics, Inc. OXBT

After appearing on our extended watchlist yesterday morning, OXBT had a monster session. The stock was a juggernaut, rising all day from its low of 1.70, up as high as 2.87, good for an intraday gain of 69% on more than 48X 3mo. average volume.

This came on the heels of a press release, included below:

MORRISVILLE, N.C. & CHESTER, N.J.–(BUSINESS WIRE)–Phyxius Pharma, Inc. and Oxygen Biotherapeutics, Inc., (OXBT), today announced that researchers at the Duke Clinical Research Institute (DCRI), part of the Duke University School of Medicine, recently published findings of a meta-analysis of multiple clinical trials that evaluated the use of levosimendan in patients undergoing heart surgery. The study aggregated and analyzed results from 14 independent clinical trials with a total of 1,155 patients. The published results showed that levosimendan was associated with reduced mortality (death) and other adverse outcomes including heart attacks during and after operation in patients with reduced heart function undergoing heart surgery. >> FULL PR


Central European Media Enterprises, Inc. CETV

We first alerted CETV back on May 10th, as popped up on one of our Form-4 scans. At the time, the stock was trading as low as 2.67, and saw subsequent high of 6.6497. A huge potential profit of 149%  Since then, the stock has never dipped below that 2.67 mark, until yesterday, when disappointing third quarter and nine month financials were announced, and CETV was subject to a large backslide.

On stocks that see a large gap down, tanking the way CETV did, we  watch closely for the establishment of a new base and following recovery. Especially when the sell-off seems to be a knee-jerk reaction to an earnings release. We won’t want to miss any potential rebound action on this one.


American Apparel, Inc. APP

APP earned us an honorable mention in yesterday’s Penny Stock Rumble for putting in a solid performance. The stock did just what we had hoped, making higher highs and higher lows, and preserving the current uptrend off of its bottom. The daily range was from 1.34-1.52, an intraday move of roughly 13.5% on more than twice the 3mo. average volume.

As we stated yesterday, this stock has been on our holiday retail watchlist for years now, and 2013 is no exception. We’ll be very interested to follow the activity on APP over the next several months.


Cyber Kiosk Solutions, Inc. CYBK

This is one we wanted to throw into the mix this morning after including on our watchlist yesterday. The company had some news out  that caught our attention, and chart looks like it has some potential as well. Volume has recently been picking up, and the MACD is flipping up to the bullish side. The RSI recently passed the 50-line as well. We’re keeping CYBK on watch for a possible move as we head into week’s end.

CORAL SPRINGS, Fla., Oct. 29, 2013 /PRNewswire/ — Cyber Kiosk Solutions, Inc. (PINKSHEETS: CYBK) in May the Company announced 4,000 locations would be coming online using CYBK’s co-branded web based system.

These locations offer services such as, bill payment, money transfer, mobile top up, debit card load, gift card sales, Debit card purchase, and soon CYBK’s digital coupon program. >> FULL PR


Extended Watchlist:
EWSI, ANR, LSI, ARIA, CYNI (New lows watching for possible turnaround)

ONP, NQ, APP & Extended Watchlist

Orient Paper, Inc. ONP

ONP was a good pick from yesterday’s extended watchlist. We included it after after noticing that the stock was gapping up pre-market. It did so, and after touching a morning low of 2.15, we observed a move from ONP which took the price as high as 2.55. That was good for an intraday spike of 19%

This came on the heels of the company’s release of unaudited preliminary third quarter figures, which included 25% increases in both net income and earnings-per-share, and a 23.5% boost to gross profit. This is a steadily growing business that we will want to keep an eye on moving forward.


NQ Mobile, Inc. NQ

Another winner from the extended watchlist yesterday came in the form of NQ. The stock saw a daily range from 8.74 up to 12.18, and afforded us the opportunity at gains of up to 39% It seems we caught this play off of its bottom and mentioned it at just the right time.

As is generally the case when we come across such a play, today we’re on the lookout for the stock to post higher highs and higher lows to confirm an uptrend off of that bottom.


American Apparel, Inc. APP

On October 8th, we mentioned that we were watching for a bottom on an old favorite of ours, APP. It had been steadily downtrending since the beginning of August, and it seemed like the right time to re-alert the stock. Just two days later, we saw that bottom, as APP touched 1.04. After waiting patiently for just a few weeks, it seems that APP has finally begun a reversal and is now headed up once again. Yesterday APP broke through a key resistance point, the 50DMA at 1.31, and several indicators are showing strength, including the MACD, which is currently diverging, and we have an RSI which is heading straight into the power zone.

The timing here couldn’t much better, as APP has been one of our favorite retail stocks heading into the holiday season for years now. For example, last year, the stock saw a move from .90-2.40 between the months of November and April. The year before, it was from the .50-range up to 1.20. We are excited to see where this year’s retail season takes APP, especially after catching it right off of its dead bottom.


Extended Watchlist:
CYBK, S, NLST, ARIA, OXBT, MEET, BLDP

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