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UPDATED 6/3/15 7:15PM EST – We wont be able to update our blog for Thursday 6/4/15, but that’s alright because COTE and TPIV played out just how we thought they would today, were some of the best gainers Wednesday, and are worthy of keeping an eye on again for tomorrow.
While we saw some nice trades from the open out of our stocks on watch for Tuesday, they all failed to hold their gains and ended up closing in the red. We have an entirely new set of stocks to keep on watch for Wednesday.
COTE (Coates Intl Ltd.) released news that caught most of the OTC’s attention, announcing supposed ‘firm orders’ totaling more than $50M USD from the UAE. Read this morning’s press release, HERE. The stock closed up more than 482% on the day and was up nearly 900% over yesterday’s close at it’s high of .0165, with record volume of more than 146 million shares traded. Keep the stock on watch for more action tomorrow; if shares catch a big dip early to the .006 range, it could be good for a quick swing trade.
TPIV (TapImmune, Inc.) has been on an amazing rally that we’ve covered since the beginning of May, trading up from the .20 range to more than .40 recently, and continues to hold it’s upward trend. Shares closed up more than 13% today at the session high of .39, and could continue higher past the 200 day moving average at .405 with another increase in volume tomorrow. Continue to keep the stock on close watch.
PGLC (Pershing Gold Corp.) had a respectable day today, closing up 8.34% with it’s highest trading volume in well over a month, as well as it’s highest close over the same period, and could be preparing for another breakout towards the .40 level over the coming months. Keep the stock on your watch list for Wednesday.
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