What an exciting week coming to an end and we can't wait for Monday. Brexit shook up some of our plays, luckily we stayed out of forex due to the risk trading such an event. Our cryptocurrency plays knocked it out of the park with ETH recovering from 0.0015 to 0.0023 and XRP moving upwards strongly after our alert.
Forex Play
Waiting for volatility to revert back to normal from Brexit aftershocks. We will most likely have a new play next week.
Stock Picks This Week
VVUS (VIVUS) A biopharmaceutical company developing and marketing therapeutic products mainly. It has two approved therapies by the FDA including a product that treats ED. Price action has been interesting here with price stable around $1.10 at the beginning of 2016 before $1.80 on big volume for over a month before depressing back down to $1.00 levels, this recent push was based on investors hearing chatter on new FDA filings for generic versions of STENDRA, their own ED treatment medicine.
With Institutions like North Tide Capital heavily investing into VVUS at the price of $1.12 and $1.40 we see huge price growth possible, institutional ownership hovers around 40% however shorts are heavy right now with 27 days to cover, this can end up helping the price growth as shorts try to buy back and cover their positions in addition to investors being attracted at this 1.00-1.15 price level. VVUS is highly leveraged with their finances more-so than usual pharmaceuticals giving them room for faster growth but no room for mistakes. Price to sales puts the company in a nice spot compared to its peers, we see high growth in the future here and we recommend you keep a tight watch on VIVUS' future financing options, cash flows and we should see a real possibility of huge growth and achievements for the company.
Buy under $1.05
MDVX (Medovex) A development-stage company making/marketing patents and tech info in the medical field. Their main system DenerveX treats joint issues and pain. They recently reached a milestone on a live tissue model test with the DenerveX system. Medovex is riding on the momentum from their previous announcements lifting share price up to $2.25 as investors rushed in to buy before backing off over the course of the month as Brexit tensions heightened. Back to a reasonable price of $1.50 we see a good opportunity to buy back in as other investors think the same. Short term cash flows look to be improving here and price to book ratio is very low.
Buy under $1.40
XXII (22nd Century Group) Although a consumer staple this company is mainly a plant biotech, focused on tobacco and plant research. They are working on being able to fine tune and change parameters of tobacco plants like changing nicotine levels to help smoke cessation in addition to manipulating cannabis plants to increase the THC levels in them. This company has silently been increasing revenue each year and is on track to being profitable in the future as finance and R&D debt is managed properly. Share price started the year at $1.20 and has been slowly battled down to a more reasonable $0.79. As XXII is fairly valued and resumes some stability we see an excellent entry point for a swing trade here.
Buy under $0.77
Cryptocurrencies
The DGB (Digibyte) order book is shifting around and thickening up again looking ready for a move up from 50, over 30 Bitcoins of support buys around 50 satoshi.
NXT making interesting moves upward with buying pressure from china and after new research we have added NXT to our long term plays here.
Sunday, June 26, 2016
Sunday, June 19, 2016
Trading Week 6/20/16
Our stock plays last week remained very flat, Brexit concerns increased volatility and shook out investor confidence as some would like to wait on the sidelines until the situation is resolved. Stocks from last week to keep an eye on: CBIO
Forex Play
Our GBPUSD play at 1.425 was deemed risky but ended positive with a small USD pullback and more confidence flowing into the pound. The GBP closed at 1.434 from our 1.425 alert.
For this week we are taking a break from Forex to minimize risk.
Stock Picks This Week
DRAM (Dataram Corp) An information tech company, independent producer of memory solutions for business. Recently undergoing an unusual acquisition of US Gold Corp (With assets at $160M) Seeing a strong influx of volume these last months, share price stabilized around $0.60 three months ago, before jumping up to $1.50 on the acquisition news. We see a short term opportunity here as this company re-positions opportunities and growth while managing their debt obligations.
+Accumulation
+Recent spike on volume
Buy under 0.92
IPCI (Intellipharmacuetics International) A pharmaceutics company with a wide pipeline of products including drug delivery systems and product candidates focused on Neurology, Diabetes, and pain. Having just closed their public offering this is a great time to buy with many short term catalysts. Price/Sales ratio is just right for IPCI, in line with their peers. Hovering around $3.00 last year and strong support under 1.50 means a short swing trade could be significant and low risk at these levels.
+Strong bounce from recent all time low
Buy under 1.50
OESX (Orion Energy Systems) A designer and manufacturer of energy efficient lighting, this unknown small cap value company has seen stronger and stronger volume as it nears support at $1.20, although revenue is down this year they issued a statement promising to meet at least $80M in sales next year, this would almost be a ten-fold increase from current numbers. OESX looks poised to make a strong comeback next year and our numbers show they are currently undervalued. Although managing their debt carefully their quick ratio shows short term they have a bit of finances to work with..
+Institution ownership at 49.06%
+Big insider buying at $1.28
Buy under 1.22
Cryptocurrencies
ETH was crushed this weekend from DAO hack news, click here to read more. We believe Ether is far too oversold and is looking bullish in the short term and long term.
XRP is looking poised for big jumps in the future and we are keeping our eyes on Ripple in the medium term.
Forex Play
Our GBPUSD play at 1.425 was deemed risky but ended positive with a small USD pullback and more confidence flowing into the pound. The GBP closed at 1.434 from our 1.425 alert.
For this week we are taking a break from Forex to minimize risk.
Stock Picks This Week
DRAM (Dataram Corp) An information tech company, independent producer of memory solutions for business. Recently undergoing an unusual acquisition of US Gold Corp (With assets at $160M) Seeing a strong influx of volume these last months, share price stabilized around $0.60 three months ago, before jumping up to $1.50 on the acquisition news. We see a short term opportunity here as this company re-positions opportunities and growth while managing their debt obligations.
+Accumulation
+Recent spike on volume
Buy under 0.92
IPCI (Intellipharmacuetics International) A pharmaceutics company with a wide pipeline of products including drug delivery systems and product candidates focused on Neurology, Diabetes, and pain. Having just closed their public offering this is a great time to buy with many short term catalysts. Price/Sales ratio is just right for IPCI, in line with their peers. Hovering around $3.00 last year and strong support under 1.50 means a short swing trade could be significant and low risk at these levels.
+Strong bounce from recent all time low
Buy under 1.50
OESX (Orion Energy Systems) A designer and manufacturer of energy efficient lighting, this unknown small cap value company has seen stronger and stronger volume as it nears support at $1.20, although revenue is down this year they issued a statement promising to meet at least $80M in sales next year, this would almost be a ten-fold increase from current numbers. OESX looks poised to make a strong comeback next year and our numbers show they are currently undervalued. Although managing their debt carefully their quick ratio shows short term they have a bit of finances to work with..
+Institution ownership at 49.06%
+Big insider buying at $1.28
Buy under 1.22
Cryptocurrencies
ETH was crushed this weekend from DAO hack news, click here to read more. We believe Ether is far too oversold and is looking bullish in the short term and long term.
XRP is looking poised for big jumps in the future and we are keeping our eyes on Ripple in the medium term.
Sunday, June 12, 2016
Trading Week 6/12/16
Great gains last week although some eventually tapered off from market struggles, CARV remained strong. We have updated our Wealth Generation page, check it out.
Forex Play
Our USDJPY was volitile but ended up at 106.9 and we alerted at 106.5. We will begin a long with GBPUSD because traders anticipate a move down here due to brexit tensions however it is not likely and any sort of positive news will provide a good lift for the pair.
LONG GBPUSD at 1.425
UPDATE: This forex play is canceled if 1.3900 is reached.
UPDATE: (6/16/16) GBPUSD looking strong as traders are cautious against betting heavily towards a brexit, looking for a slight lift as we finish out this play through Friday.
UPDATE: (6/16/16) GBPUSD looking strong as traders are cautious against betting heavily towards a brexit, looking for a slight lift as we finish out this play through Friday.
Stock Picks This Week
EAC (Erickson Inc) An Aerospace and Defense company providing aerial logistical support. Popping over 100% a few days ago due to news on a US Military contract valued at 70 Million, while the market cap is currently at 11 Million, the stock was unfairly beaten down to a 0.84 close on Friday from a high of 1.75, a bounce play here looks good as investors look at the long term outlook of this contract and new financing opportunities.
Buy under 0.90
CBIO (Catalyst Biosciences) a clinical-stage bio-pharm working in the field on hemostasis. A New marketing contract contract was established an the long term outlook is great here with a P/E ratio of 0.38 and institutional ownership at 52.72%. Closing at 1.81 on Friday from market tensions and tired traders this looks like a great buy with accumulation buys later that day pushing the price up to 3.00.
Buy under 1.80
ACUR (Acura Pharmaceuticals) Another sympathy pharmaceutical play, Acura spiked up to 3.25 last week and was unfairly crushed as they released great news about their candidate treatments.Acura has placed heavy cash flow into financing and generating funds for new business ventures and new product improvements with Institutional investors at 57.60%. Closing at 2.12 down from a brisk 5.00 last year in July this could be a good recovery play.
Buy under 2.00
Cryptocurrencies
We are closing our STR short play, we enjoyed a nice decline from 350 to 246.
Check out our other longer term plays here.
Sunday, June 5, 2016
Trading Week 6/6/16
Up 20% last week altogether with NVET making most of the gains putting us on track for our best winning streak of all time.
We have also finally added stock charts for our plays that way you don't have to leave the site to monitor live price.
Forex Play
We're looking at a bounce-back/recovery play on USDJPY, crushed by weak NFP we see a strong lift here shortly as banks ease into USD longs, remember a tight stop and look for a good entry.
LONG USDJPY at 106.5
Stock Picks This Week
CARV (Carver Bancorp) A strong traded federal savings bank, with a PE ratio around 40 this company is making steady cash flow, our volume indicators show more and more buys at the $3.40 levels, with low volume this stock has been swinging from $3 to over $5 very quickly, and we see true value closer to $6. This should be a solid swing trade.
Buy under $3.40
TNXP (Tonix Pharmaceuticals Holding) A growth based biotech focused on building a collection of effective PTSD drugs. 45% institutional ownership and strong support at $2.25 levels along with a strong one month trend upwards, our volume alerts make this a solid play as we look for a coming pop over $3
Buy under $2.50
BLDP (Ballard Power Systems) A small cap heavy duty power products company, signing orders with the US Military last week however share price has not caught up to the news yet, this should be a great momentum play and we see only upside from here, recommend a tight stop to take advantage of strong support at $1.36 as we ride out an easy lift in the coming month for this stock.
BLDP (Ballard Power Systems) A small cap heavy duty power products company, signing orders with the US Military last week however share price has not caught up to the news yet, this should be a great momentum play and we see only upside from here, recommend a tight stop to take advantage of strong support at $1.36 as we ride out an easy lift in the coming month for this stock.
Buy under $1.40
RNN (Rexahn Pharmaceuticals) A clinical stage biotech focused on treatment options for cancers. This is one of our more risky plays however we have detected unusual volume and accumulation since 5/17/16 producing a strange but solid trend-line upwards from 0.27.
RNN (Rexahn Pharmaceuticals) A clinical stage biotech focused on treatment options for cancers. This is one of our more risky plays however we have detected unusual volume and accumulation since 5/17/16 producing a strange but solid trend-line upwards from 0.27.
Buy under $0.31
Cryptocurrencies
Our STR short play is continuing and we will have more info next week, check out our other crypto plays here.
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