Pre-Note: Sorry for this being long. I am working on doing more research and this is the easiest way to catalog my picks lol.
MYO - AMEX
On 4/27/20 3AM , filed an 8k stating an approval for an loan to the amount of $1,077,590. No real movement on this day.
On 4/28/20 3AM, filed two DEF 14A forms, one announcing a conference to be held on June 9th,2020 at 9AM EST going over the following:
elect two Class III directors, namely Thomas F. Kirk and Paul R. Gudonis, to hold office until the 2023 annual meeting of stockholders and until his successor is duly elected and qualified, subject to his earlier resignation or removal;
ratify the appointment of Marcum LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2020;
approve the adoption of Amendment No. 1 to the Myomo, Inc. 2018 Stock Option and Incentive Plan; and
transact any other business that properly comes before the Annual Meeting (including adjournments and postponements thereof).
The other form is just stating where to find the call www.investorelections.com/MYO.
There has been little movement until Thursday where a little volume came in, causing a morning panic and spike, but finishing red on the day. More volume came the next day with a large spike premarket and another morning panic, spike, and finish red. It did, however, hold support at the first days spike resistance. I will be watching this to capitalize on these morning panics and could expect a ramp up to the conference call. Another buy the rumor sell the news. Low float and traded about 8xs the float. I honestly think it is riding alot of this medical sector wave as well.
MDGS - NASDAQ
This is a COVID play. On top of that it is a contract winner (eventhough they only sold 10k COVID test kits for "tens of thousands of dollars" lol). It is a recent runner and spiked huge off this contract, but slowly faded through the day. It doesn't really have a history of holding its spikes, but could be looking for another spike off the people seeing the news over the weekend.
FLDM - NASDAQ
There is alot of hype surrounding this company's COVID test kits being able to detect before a person is contagious. They claim that their test is designed to test and provide results on the large scale. There is also reports of this company being funded by DARPA. They are having a conference to discuss the first quarter 2020 results on May 7th, 2020 at 5:30PM EST. Will be looking at this for a buy hype, sell news type play.
BIMI - NASDAQ
April 1st 8K filed: Announces Stock Purchase Agreement to Spin Off it Energy Bussines with Yunfei Lu, a citizen of the People's Republic of China. Aggregate Sale for $10M (NOTE: the market cap of BIMI is $30.37M and they have an outstanding dept of $5.66M) to be paid in closing (only note of date is expected to be in or about May, 2020) Stock spiked and didn't hold.
April 15th: Announces that it's subsidiary formed a subsidiary to expand pharmacy chain in China for about 200 planed locations by the end of 2020. Stock spiked and didn't hold
April 21st: Announces they are entering a MOU to develop a telemedicine system for China hospitals. Spiked and didn't hold gains.
We see a different pattern on the first of May as their stock started to fight its way up and held its gains around the morning spike. I can only speculate that this in from anticipation of the big sale to take place around this month. Will be watching closely as this company is making a lot of moves but is kinda skeptical with only 81 employees.
LIVX - NASDAQ:
Multi day breakout, Ramping up off launch of new Music Streaming platform. This has been blowing up on TickTok and has already hosted several live music festivals in the past. They are also streaming on major platforms like Google, Amazon, Apple, and Youtube. This could be more than just a play (I may take a long play on this one)
AGRX - NASDAQ:
April 24th filed a DEF 14A: They announced a conference call on June 9th, 2020.
Seeking Alpha put out a article stating that there may be a $1B buyout on the horizon and that the stock is strongly undervalued. Lots of hype around this, I would love to see this consolidate then go nova following a classic pump pattern at this spike is based off pure speculation. That being said, this stock has been following a nice morning panic pattern the past few days so I may try and capitalize on that as the hype has done nothing but grown on twitter over the weekend.
CREX - NASDAQ:
Big winner this week with a Huge spike on Tuesday off launch of contactless thermometer released for immediate orders. I can see this stock running more as it consolidated around 50% off the spike. I will be on the lookout for more news coming from them.
AMTX - NASDAQ:
Big winner on Friday off them announcing the commencement of CO2 deliveries to help alleviate the shortage caused by COVID. Could be seeing another AM spike from those getting the news late. If there is more news we can see another large run.
OGEN - AMEX:
There was no real positive catalysts for this stock. All I noticed is it is on a multiweek b/o and tested the old support from the previous weeks.There could be a play as this may try to retest resistance. If it breaks I will make a play.
BYZN - OTCPK:
This is a bitcoin play that has been running with BTC the past few days. will monitor for any possible swings.
TGHI - OTCQB:
Contract winner with it being on the second green day. may be able to get a long play in, but i doubt it.
Ok that is it. Will be following up and adding/removing stocks from this watchlist as the week progresses. Thank you for all those that take the time to read this, and look forward to my blog post tomorrow for a review of the last trading week.
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