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Hi Everyone & Welcome New Subscribers,
We hope all of you enjoyed some extra time off through the Thanksgiving holiday here in the U.S. and found time to spend with loved ones. Tomorrow marks the first day of the final trading month of the year, and as we head into December we expect an abundance of green instead of the much less pleasant color (red).
GTHP (Guided Therapeutics, Inc.) had it’s biggest day of the year to finish November on an extremely high note, closing up more than 63% with nearly 8.7 million shares exchanging hands, and ended the day not far off it’s session high of .042 at .04 per share. Shares hit a 52 week low of .0141 just a couple weeks ago, but have been trending higher since, after trading at more than .20 to start the year. GTHP has a long room to bounce, but has been under a lot of pressure and has been trading with a lot of volatility; watch for a break past .042 to potentially fuel more momentum in the stock which could warrant a trade.
BIEI (Premier Biomedical, Inc.) continues to hold higher from our initial watch list alert below .01, maintaining key support at .015, and closed above .02 again today showing impressive strength. The main problem from our perspective has been a toxic market maker, VFIN, which has held BIEI back from sustaining larger moves. If this market maker takes a leave of absence or doesn’t take the stock below .015 support, it could keep moving higher and remains on our watch list.
TPIV (TapImmune, Inc.) remains in focus through the end of the year as the company looks to receive Orphan Drug Designation (ODD) from the FDA and FDA Fast Track designation for their breast cancer vaccines, which we have outlined multiple times in several blog posts. We remain bullish until the company gives us a fundamental reason not to be.
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