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ECIG (Electronic Cigarettes Intl. Group, Ltd.) released major news this morning, which set the precedent for how the trading day would be, announcing that they have acquired $41M in non-dilutive financing to drive profitable growth; read the entire press release, HERE. Watch for momentum and volume to potentially carry over into tomorrow after today’s 67%+ day with near record volume.
ISBG (International Spirit & Beverage Group, Inc.) continued past it’s (previous) 52 week high of .02 today, reaching and closing at a new high of .0238, with more than 2 million shares traded between .0184-.0238; watch for this breakout to continue tomorrow, and watch for resistance at psychological levels (.025 or .03).
RDSH (Roadships Holdings, Inc.) took the spotlight Tuesday, closing up more than 236% on the day, at .0037, with more than 95 million shares exchanging hands between .0012-.0043. The stock did close near it’s session high and held up rather well late in the session, but after such a big day we would prefer watching it closer on any pullbacks; a break of today’s high of .0043, however, may warrant a quick breakout higher to .005 or more. Keep the stock on watch tomorrow.
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