Tag: IDRA

Blue Horseshoe Stocks: NUGN Recap, New Watchlist & More

NuGene International, Inc. NUGN

We entered NUGN into the mix on Friday as one to put on bottom-watch, and it instantly became the latest in a string of perfectly timed rebound plays. After taking an absolute beating during Thursday’s session, wherein the PPS decreased by roughly 40%, the stock displayed an absolute turnaround.

From its open at 2.65, NUGN made a very respectable 26% intraday move on relatively heavy volume, hitting 3.33 shortly after noon. It maintained the majority of those gains into the close (3.10), so we’ll be on the lookout for possible momentum carryover.

We’ve identified some of the key aspects of the NUGN chart here:

Adding to Our Radar:

We’ve got a few stocks we want to put on a speculative watch for various reasons as we kick things off this week:

Axion Power International, Inc. AXPW – This fresh news play is the first that we want to enter as a possible new item of interest. The stock is trading massive premarket volume as the company published an interesting PR this morning. Take a look>> READ PR  

Trucept, Inc. TREP – This is a thinly-traded subpenny stock that is unusual due to its revenue-producing status. The company published its Q1 2015 financials this morning, so we want to tag this play for observation. An influx of volume could send TREP on a ride.

Indo Global Exchanges Pte Ltd. IGEX – This is a super-sub-penny momentum play for which we’ll want to reserve a spot on our watchlists. It’s began to trade up off of a relative bottom on Friday so we’ll be on the lookout for the possibility of some of that activity to spilling over into this week.

Enertopia Corp. ENRT – This is a stock that has been the subject of recent promotion. We’ve never mentioned it ourselves, but we want to put it on the radar today as it is coming off of quite a thrashing on Friday. There’s a chance it could present itself as a rebound play upon finding support.

Extended Watchlist:
NURO, PTBI, BLRX, IDRA, APT, AMDA, HQCL

Blue Horseshoe Stocks: Two New Plays & TASR Recap

TASER International, Inc. TASR

We re-tagged TASR in yesterday morning’s watchlist along with a link to the new PR pertaining to the influx of orders for body cameras from several law enforcement agencies across the country (View PR).

We’ve been tracking this play continuously since we first inserted into our reports the day before Thanksgiving. Over those 5½ sessions, we’ve observed a low of 20.79 (12/01), followed by a gradual rebound to back above the $24-mark.

In this morning’s premarket, the stock has thus far made its way to a high of 24.72, which represents an increase of 19% over Monday’s low. We’re going to want to keep close watch on this play as the national dialogue over the need for more stringent police oversight continues to heat up. As we stated in one of our previous reports on TASR, TASER is already a trusted name in law enforcement/personal safety products, and thus a natural choice for many of the agencies now considering the implementation of body-worn cameras.

Alaska Communications Systems Group, Inc. ALSK

ALSK is running like a scalded dog in concurrence with an after-hours PR from yesterday regarding the sale of the company’s wireless division for $300M.

Already up over 60% in premarket trading, we’re going to be on the lookout for a dip-and-rip setup to occur. After a big initial push, we’re no strangers to sniping out profits on a course correction and subsequent rebound.

ANCHORAGE, Alaska–(BUSINESS WIRE)–Alaska Communications (ALSK) has entered into a transaction to sell its remaining wireless assets to GCI Communications, Inc. (GNCMA) for $300 million and plans to use net proceeds to de-leverage its balance sheet. A stronger balance sheet, combined with top and bottom line growth, better positions the company to evaluate a variety of additional opportunities to create shareholder value.>> Full PR

Barristas Coffee Company, Inc. BCCI

We also have a possible momentum play to add to the mix this morning. In the wake of a PR announcing BCCI’s uplisting to the OTCQB yesterday, the stock began to trade up off of a  bottom and bull-rushed its way to close at its high of day (.05). The move occurred on more than 7X the monthly average volume, and any time we see momentum like that, we go on full alert for a potential continuation into the following session.

Extended Watchlist:
TRVN, IDRA, GERN, ICLD

Blue Horseshoe Stocks: Update on AEZS & More

AEterna Zentaris, Inc. AEZS

Our Monday morning report this week included AEZS as a potential bottom play which we did end up timing perfectly, seeing an 18% intraday move (.55-.65) during that session.

We also focused in on AEZS yesterday morning, mentioning that further opportunities appeared possible, and were rewarded for the second straight day. The stock traded in a range from .67-.79, which registered as another 18% intraday jump.

Yesterday’s high marked an overall increase of 43% and provided an excellent example of why the setting of new all-time lows in a given stock is a phenomenon that will draw our attention every time.

We’ll continue to monitor this play as the week progresses, but all in all, we consider it to be a success already, with the chances it has given us to make solid gains over a period of just two days.

Quick Update on TASER International, Inc. TASR

We wanted to update readers on another stock we’ve been monitoring over the last week- TASR has also provided a modest opportunity over the past couple of sessions. The stock bounced off of support at 20.79 on Monday, and yesterday managed to push its way to a high of 24.44, a notable 17.5% increase.

Extended Watchlist:
IDRA, MOLG, SQNM, ONVO,