4 NASDAQ & NYSE Stocks With Increased Volatility
NEW YORK, NY / ACCESSWIRE / November 30, 2015 / UltimateStockAlerts.com is a NASDAQ & NYSE investor alert service focused on day and swing trades. Receive free trade alerts via text message (SMS) or email. From your cell phone text message ULTIMATE to number 555888.
Today we are issuing our opinion on four companies that are attracting increased investor attention and are positioned to provide investors with increased upside/downside during the next three trading sessions.
Sysorex Global Holdings Corp. (NASDAQ: SYRX) rallied 24% on Friday to a high of 75 cents, subsequently closing the trading session at the day’s high. On Tuesday and Wednesday the company experienced a technical confirmation on increased volume that a bottom was in. We believe the company is capable of experiencing a near-term rally to its next technical resistance. We released a trade alert on SYRX to our newsletter members earlier this morning with trade details. SYRX is a big data company with clients like the US Army & Navy, HP, Gilead Sciences, Dow Jones and much more.
This Nasdaq listed company is priced under one dollar and it seems that this could be the beginning of a substantial move higher.
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Straight Path Communications Inc. (NYSE: STRP) through its subsidiaries, holds, leases, and markets fixed wireless spectrum licenses in the United States. The company holds 828 licenses of 39 gigahertz band; and 133 licenses in the local multipoint distribution service band. STRP declined 11% on Friday to close the day at $10.93. Currently the company has an RSI of 35 on the daily chart. While long-term this may suggest increased upside potential there is a higher probability for a near-term retracement as investors take profits from the recent bounce the company experienced off its lows. STRP is well off recent highs after numerous online research portals released negative articles about the company.
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Shares of KaloBios Pharmaceuticals, Inc. (NASDAQ: KBIO) are up over 10,300% during the past few weeks as shares of the small biotech firm rocketed to a high of 45.83 from lows of around 44 cents. Shares are up massively due in large part to a short squeeze triggered by activist investor and now KBIO CEO Martin Shkreli’s announcement that he had purchased a majority stake in the company. This short squeeze could be further extended as Shkreli announced on Thursday that he will no longer allow his shares to be lent out to short sellers.
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SunEdison, Inc. (NYSE: SUNE) has continued to drift lower and is now down almost 90% from its 52 week high. Shares of the solar company have been beaten down as investors become more concerned with the amount of debt on the company’s books. One thing to note however is that the float is nearly 30% short meaning that any short term momentum could be the start of a parabolic move as shorts look to cover their positions and lock in gains or protect against further losses.
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STOCKS TO BUY: NASDAQ & NYSE Stocks Under $10 With Upside Potential.
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Disclosure: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. UltimateStockAlerts.com has not been compensated nor expects to receive any compensation for distribution of our opinions and publicly available information for STRP, KBIO nor SUNE as of 11/30/2015. UltimateStockAlerts.com has been compensated $20,000 by a 3rd party, TSX Ventures LLC for our coverage of SYRX. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.
*Gains are calculated by staff and are not guaranteed to be accurate nor a reliable representation. Actual gains may vary. Past gains are not representative of future gains.
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