Here’s Why These Stocks Could Double In 2016

NEW YORK, NY / ACCESSWIRE / December 24, 2015 / UltimateStockAlerts.com is a NASDAQ & NYSE Only Stock Alert Service focused on day trading, swing trading and long-term investing. Our newsletter subscribers have witnessed upside gains in excess of 600% with realized gains of 292% in 2015 from 31 alerts. Receive free trade alerts via email or text message (SMS) on your phone by texting message ULTIMATE to number 555-888. Today we are taking a look at four companies which we believe could provide investors with significant upside.

Great Basin Scientific, Inc. (GBSN) saw one of its heaviest trading days on Wednesday resulting in significant downside for the company’s market value. The company reached a high of 1.48 but ultimately closed down 14%. Despite the ongoing investigations in regards to GBSN’s public offering of 2.724M shares back in February of this year, three hedge funds reported a stake in the company as of the last 13F filings. GBSN presents investors with a potentially undervalued technical chart setup in the near term, that could yield increased returns. RSI on the daily chart is a 34 and is signaling a potential for reversal which could be a bullish indication.

We are closely monitoring GBSN for our newsletter subscribers and will alert them via email when GBSN presents a gain opportunity.

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EXCO Resources Inc. (XCO) witnessed increased volatility Wednesday opening at .9769 and subsequently rallying to a high of 1.23. Volume was very heavy and investors traded more than 10.085 million shares for a 159% increase from average daily 3 month volume. XCO provided a much-needed bright spot among energy companies which have largely taken a tumble as the falling price of oil and market forces continue to dominate Wall Street sentiment. Despite closing up 33.33% XCO is still trading below its 52-week high of 2.54. Key technical chart indicators to examine is the closing of XCO’s trading price Wednesday 1 cent below the 200 DMA of 1.23, suggesting that this level may serve as a near-term resistance.

We are closely monitoring XCO for our newsletter subscribers and will alert them via email when XCO presents additional gain opportunity.

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Our newsletter members have witnessed upside in excess of 600% with realized gains of 292% in 2015 from 31 alerts.

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Glu Mobile, Inc. (GLUU) saw major success with its Kim Kardashian: Hollywood mobile game and was hoping for the same level of success with its latest release, Katy Perry Pop. Users did not respond as enthusiastically to the second game and thus far Katy Perry Pop has failed to break into the top tier of free apps on Apple’s app store. On Thursday investors came out in full force, trading a heavy 4.697M shares. The stock finished Wednesday’s trading up 12.56% after reaching a high of 2.51. GLUU maintains a 50 DMA of 3.41 with a 35 RSI on the daily chart.

We are closely monitoring GLUU for our newsletter subscribers and will alert them via email when GLUU presents a gain opportunity.

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DryShips, Inc. (DRYS) was another big winner on Thursday. After opening at .099 the shipping company surged to a high of .155, eventually closing up 42.39%. Thursday’s surge in valuation was accompanied by heavy volume. In fact, the 17.314M shares traded represented a 465% volume breakout. DRYS still trades below its 50 DMA of .16 and has a 50 RSI on the daily chart.

We are closely monitoring DRYS for our newsletter subscribers and will alert them via email when DRYS presents a gain opportunity.

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STOCKS TO BUY: Breaking NASDAQ & NYSE Stocks Under $10 With Upside Potential.

About UltimateStockAlerts.com

UltimateStockAlerts.com is a NASDAQ & NYSE Only Stock Alert Service focused on day trading, swing trading and long-term investing. Receive free trade alerts via email or text message (SMS) on your phone. Using your phone text message ULTIMATE to the number 555888. For more information visit UltimateStockAlerts.com

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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 GBSN, XCO, GLUU nor DRYS as of 12/24/2015. Owners and operators of UltimateStockAlerts.com do not hold any financial positions in mentioned companies. 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.

SOURCE: UltimateStockAlerts.com

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