Tag: OSH

MINE, PGRX & Extended Watchlist

Minerco Resources , Inc. MINE

MINE is an old favorite of ours that we’ve tracked for quite some time. Just following our highlight of the stock earlier this month, we saw a 100% move from .0015 to .003. In the weeks that followed that, there was a pullback to .0014 as it geared up for another swing. Yesterday’s close of .0024 marked a gain of another 71%, bringing our aggregate gains for the month of June to 171% .

Currently we are looking for MINE to break resistance at the 200DMA of .0025. If it can push past that mark, we’ll be looking to test its recent swing high of .0032. Beyond that level, we could possibly see a challenge of an earlier swing high from February at .004.

Prospect Global Resources, Inc. PGRX
Yesterday PGRX caught our interest with a breakout session, trading up significantly on near-record volume, breaking through its 50DMA (.25) and closing at the its high of day at .267. We want to put this mover on watch this morning for a continuation of the momentum that we saw building up yesterday.

Orchard Supply Hardware Corp. OSH
OSH is gapping down significantly, so we will want to scan it readily for a bottom-bounce. The recovery could be good for significant gains if timed properly.

Extended Watchlist:
PLUG, CYTK, FNMA, MSTX

BMSN, NEWL, KNDI & Extended Watchlist

Bio-Matrix Scientific Group, Inc. BMSN
BMSN is an old-time favorite of ours, that we’ve most recently mentioned in both Friday and Monday‘s extended watchlists. On Friday, the stock was as low as .0032, which, at yesterday’s .0048 high, marked a two-session spike of 50% BMSN managed to get above the 200DMA, and broke above resistance at a recent swing high (05/06/13 @.0045). The next key resistance comes at .0062.

Side Note:
Also included in Friday’s report with BMSN was Entest Biomedical, Inc. (ENTB). The two companies are headed up by the same management team. After trading as low as .0019 yesterday, ENTB also made a run, closing at its high of .0026, a 37% move. We’ll be monitoring for a continuation of that momentum this morning.

NewLead Holdings Ltd. NEWL
Speaking of momentum plays, here’s one fresh off our morning scan: NEWL was rebounding off of a recent 52-week low and having a breakout session yesterday. The stock closed at its high of day, and even continued its ascent after-hours. We are going to want to watch this mover into today’s trading. Momentum like that often produces extended multi-day runs, and if that is the case here, we’ll want to take full advantage.

Kandi Technolgies Group, Inc. KNDI & Other EW Winners
We also wanted to give ourselves a hearty pat on the back for our timely inclusion of KNDI in yesterday’s Extended Watchlist. This NASDAQ-traded stock made quite an impressive daily run for a security in this its price-range, trading from a low of 7.20 up to 8.31, gaining 15% on the day.

Other gainers on the day from yesterday’s win-filled extended watchlist include OSH, IGLD, & RNN.

Extended Watchlist:
PSID, XIDE, FREE, STWG

PSID, MSTX & Extended Watchlist


PositiveID Corporation PSID
PSID continued to roll on Friday as we had indicated it might, turning in its second straight session where the it managed to close at or near its high of day. From Thursday’s open at .19 we never looked back, and as of Friday’s high of .29, we were looking at a two-day gain of 53%

Moving foward, we’d like to see PSID challenge and surpass its 50DMA of .33; if it can do that, we think there is a very good chance that this multi-day runner could continue to break out.

 

We also whipped up a quick rundown of the PSID chart in video format for your convenience:

For those that may have missed them: The company has been reaching out to the investment community via audio interviews recently as well. Lyle Probst, President of PSID subsidiary, Microfluidic Systems, appeared on SmallCap Voice on 06/04, and CEO William Caragol gave an exclusive interview on our sister site, StockTradersTalk.com.

Mast Therapeutics, Inc. MSTX
On Friday, we included MSTX in our extended watchlist, citing that it had been gapping down to 52-week lows, and that we wanted to put it on alert for a potential bounceplay. The stock seems to have established a base here, and we still have this one on watch, as that spike off of the bottom could be significant. We want to be ready and waiting to take advantage when it does.

Extended Watchlist:
ACYD, BMSN, KNDI, OSH, IGLD, RNN