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

NVIV, CVM, IWEB & Extended Watchlist

InVivo Therapeutics Holdings Corp. NVIV

NVIV has traded as low as 4.84 since the first time we talked about it back on Monday, July 15th, and after just five trading days, hit a high of 6.20 this past Monday.

We’re going to have this stock on our longer-term watchlist moving forward, and would like to see the stock maintain support above 5.00. The technologies they have developed have the potential to be game-changers in the field of spinal cord injury treatment.

Earlier this month, InVivo announced it would be teaming up with the New York Mets to create Major League Baseball’s first Spinal Cord Injury Awareness Day on Sunday, September 15th at Citi Field when the New York Mets host the Miami Marlins at 1:10 p.m. ET.

More Info @

www.invivotherapeutics.com


CEL-SCI Corp. CVM

We want to add CVM to our radars this morning. The stock hit its 52-low of .16 just prior to the closing bell yesterday afternoon, and this morning the company had some fresh news hit the wires. We want to watch this one closely, as conditions like these can often lead to significant bottom bounces.

Today’s PR:

CEL-SCI Corporation (NYSE MKT: CVM) announces the publication of the results of influenza studies by researchers from the National Institute of Allergy and Infectious Diseases (NIAID) of the National Institutes of Health (NIH) and CEL-SCI in the Journal of Clinical Investigation, a leading journal for discoveries in basic and clinical biomedical research (2013 J Clin Invest. doi: 10.1172/JCI67550 2013, supplemental information at www.jci.org/articles/view/67550). The studies described in the publication show that when CEL-SCI’s investigational J-LEAPS Influenza Virus treatments were used “in vitro” to activate immune cells called dendritic cells (DCs), these activated dendritic cells, when injected into influenza infected mice, arrested the progression of lethal influenza virus infection in these mice. >>> FULL STORY


 

IceWEB, Inc. IWEB

Yesterday morning we stated our hope that IWEB would break through resistance at .0355- it did that and more. After touching an early morning low of .032, the stock went on a 22% intraday run, with shares trading at .039 at their peak.

In addition, the stock closed with strength (.036), above previous resistance at .0355, maintaining more than half of its daily gains on over 5X its 3mo. average volume, which is often a bullish signal.

From the low following our original alert of IWEB at .023, yesterday’s high represents an overall move of 70% Since that time, the cumulative gains attained by IWEB have amounted to more than 115% in possible profits.

BARCHART.COM has also upgraded its opinion of IWEB to a 72% Overall “Buy” Rating.


Extended Watchlist:
VPLM, DANG, RENN, XRX,

BRND, IWEB, NVIV & Extended Watchlist

Premier Brands, Inc. BRND

After discovering BRND’s news with Dennis Rodman and delivering our initial alert on the stock Thursday morning, we saw this juggernaut bull its way from a low of .0043 to Friday’s high at .0359. That represented an overall move of 735% over just two trading sessions.

As we always do with such a rapid gainer, we urged caution as we remained on the lookout for a pullback. That began to occur on Friday afternoon, with the stock closing at .0115. Today, we’ll be monitoring BRND for any possible bounce opportunities. We’ll need to see it hold a minimum support level of a penny in order for us to stay interested.


ICEweb, Inc. IWEB

IWEB brought us the chance for nearly 100% in cumulative gains last week, with a 48% initial run following our first report on the stock, after which we saw roughly 45% in subsequent bounces.  This is likely to be a stock that remains on our radars for quite awhile, as we follow along with the company’s efforts to expand their cloud services business. We were informed this morning of another development involving a large sale to a prestigious client.This Morning’s PR:

STERLING, Va.–(BUSINESS WIRE)– IceWEB Storage Corporation – (OTC BB:IWEB), an award-winning Unified Data Storage appliance provider for cloud and virtual environments, as well as the highly secure, scalable IceBOX BYOD (Bring Your Own Device) Private Digital Cloud Solution, today announced that the Company secured an order from an Ivy League University for up to 5,000 users.

 The University chose an IceWEB 2200 2U IceBOX storage appliance with 4TB capacity expandable to 48TB. >>> FULL REPORT


InVivo Therapeutics Holdings Corp. NVIV

NVIV is new to our reports today, and is a stock with a very intriguing backstory. The company is currently in the process of developing technologies to treat spinal cord injuries (SCI) with unprecedented success, if early tests are any indicator.

InVivo plans to culminate these technologies into unique products it intends to bring to the medical field. These include a bio-compatible polymer “scaffolding” device which is used to treat acute SCI’s, as well as a controlled-release methylprednisolone “hydrogel” which could replace injections currently used for some SCI’s.  The products have been tested, and demonstrated to promote functional recovery following traumatic SCI’s in several test subjects including rodent and non-human primate models.

This is definitely going to be an interesting stock to follow, especially with the current chart setup. We are seeing a definite uptrend, as the RSI heads into the powerzone, and the MACD recently underwent a bullish cross, as we’ve pointed out on the chart below:

 


Side Note:
On the options trading front, we are looking at LULU $65 Calls this morning.


Extended Watchlist:
CRWE, RNN, KNDI, XOMA,
LEAP (To be acquired by AT&T for 15$ a share)
PMCM (Possible momentum carryover from last week)