Wednesday thought on $DMRC, $IBIO, $BIOC, $AKAO, $ARTH

The bull is holding the bear in check for the day.  Meanwhile, a joyous celebration with family and friends are in order to appreciate the day of Thanksgiving.

SPY_Daily

I don’t know why but I’m feeling that one last powerful push to the upside is going to happen before the year is out.

$DMRC did good by taking a small step up today.  Price is now above all MAs (5, 15, 79, & 89) and a stone throw away from taking out the downtrend line.

DMRC_daily

I think Digimarc is ready to stretch its muscle soon.   I went back to the earning transcript to look for additional golden nugget and found the following:

“We had been taking advice from GS1, the trade association that facilitates industry initiatives regarding barcodes, administer standards promoting data integrity and provides educational support activities to its members.

We have a common goal of assisting the industry to assess Digimarc Discover and Barcode and facilitate timely and cost effective adoption of the platform where it can helpful to GS1 members. We made our first joint presentation recently entitled Digimarc GS1 the barcode of everything and the member only private brands some it’s sponsored by the Food Marketing Institute and is headquarters in Alton, Virginia on October of 22nd. The Food Marketing Institute is a global trade associating serving the food retailing industry with over 1,200 members. It’s U.S. members operating nearly 40,000 retail food stores and 25,000 pharmacies representing combines annual sales volume of almost $770 billion.”

Source: Digimarc’s (DMRC) CEO Bruce Davison Q3 2015Results – Earnings Call Transcript

Joint presentation with GS1 is a big deal here.  There is no better support of standing behind the Digimarc solution than having the Godfather of the retail industry standing by your side in the presentation.  Wow!

Yesterday I also pasted some excerpt regarding the underestimated of the barcode benefits, I believed I got it the other way around.  Bruce was actually referring to the 1997 study of the original barcode.  However, I think he might be inferring the same pattern will happen for the Digimarc barcode as well.  I’m also a big believer in this ’cause the availability of the invisible watermark in all of the product packaging  open the door to allow technologies to take the checkout process to the next sci-fi level.

In summary, reading between the line, the support from GS1 is as close to being “accepted” to the family.  IMHO of course.

$IBIO continued to rocket upward.  As it turned out, the recent spike up might have to do with the following news: Fears in Liberia after new Ebola death.  It is always better to be safe than to be sorry if action is taken to begin a big push to stockpile and improve the ebola vaccine than to wait for a breakout to start.  I believe iBio is one of the few biotech companies out there which have the technologies to produce large supplies of vaccine.  The fact that this stock is trading below $1 is, to me, a diamond in the haystack.  You want to own the stock before it becomes relevant.  Not to mention the possibility of having the only cure for fibrotic diseases.

IBIO_daily

Once price takes out the 79 & 89 resistances above, watch out for strong rally ahead.

$BIOC is finding a base and price is now looking to bounce higher from here is my take of it.  We should be hearing news regarding the availability of PDL-1 and the prostrate assay for the liquid biopsy test soon.

BIOC_daily

I believe the market is preparing to welcome these news.

$AKAO and $ARTH are both still busy building the base while waiting for news.

So far so good.

And HAPPY THANKSGIVING TO ALL!

My 2 cents

From my camera (click on photo to see image at 100%)

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Categories: Daily trading Journal, trading journal

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