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Blue Horseshoe Stocks: Super-Subpenny Movers & More

 


In Ovations Holdings, Inc. INOH

We talked about INOH in Friday's premarket report, noting that the company had just come current on its filings.

We've been tracking a bunch of super-subpenny plays lately, which for one reason or another, have seen heightened activity over the past couple of weeks. We surmised that INOH could be the next in that chain, and we weren't disappointed.

The stock traded in a range from .00039 to .0006 on the day, an upswing of 54% on roughly three times the monthly average volume. We'll want to continue to watch INOH for the recording of higher highs and higher lows as we kick off the trading week.
 


IDO Security, Inc. IDOI

Speaking of super-subpenny stocks, we put IDOI on our readers' radars back on March 21st after seeing a pretty sizable uptick in price action and volatility just prior to that.

After a couple of weeks of trading sideways, IDOI once again saw a rush of activity flow into the stock and Friday's session brought a chance at some very respectable intraday gains.

The stock traded up from .0003, cracking the super-sub/subpenny threshold and reaching a high of .0011 for a daily pop of 267% We'll also continue to keep an eye on this one to see if it can carry some of that volatility over to this week.

 


Akari Therapeutics, Plc. AKTX

We tagged AKTX on Thursday, and saw a solid intraday performance as it ran from a low of 13.69 to 18.46, (+35%). We noted this in Friday morning's report, and mentioned that we wanted to stay on its trail.

What we ended up seeing was a very similar move to the previous session as AKTX came down off of Thursday's highs and executed a dip-and-rip pattern that caused it to retrace its steps, trading in a range from 13.50 to a new high of 18.80, an intraday move of 39%
 


Galectin Therapeutics, Inc. GALT

Speaking of new highs, we wanted to comment on GALT, which is a stock that we've been tracking pretty regularly since the beginning of this year as you can see with a quick view of the GALT tag on our blog.

Our observed low of .935 came a couple of weeks following our tag of the stock on January 12th, and for the most part, it has been a continual climb since then, reaching a new peak at 2.87 on Friday. It works out as a total move of 207% that we've seen from GALT in 2017.
 


Extended Watchlist:
NAKD, XGTI, SWFT, GERN, CETX,

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