Blue Horseshoe Stocks: Reviewing Friday’s Big Winners & More

Friday’s Big Winners

We enjoyed a spectacular session on Friday, with quite a few of the stocks we flagged in our premarket report posting impressive intraday gains.

Cabo Verde Capital, Inc. CAPV

Chief among the big movers we were tracking was CAPV, which made an epic run from subpenny territory well into pennyland on more than 25-times its average monthly volume.

The stock broke out from an early low of .006 to touch .028, a hearty 324% swing. CAPV also managed to maintain more than 50% of its daily advance, and coupled with the level of volume we’ve witnessed, we’ll need to keep a spot on our radar screens reserved for this play for the possibility of a momentum carryover.

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Cardinal Resources, Inc. CDNL

Speaking of momentum movers, we began tracking CDNL closely starting with our morning report on Tuesday, after which time we observed a low of .0057. Subsequent to that, the stock has pressed higher in each of the ensuing four sessions leading up to a massive new high on Friday.

From a daily low of .015 it surged to a high of .0245, marking a 63% intraday rip, and an overall swing of 330% above our observed low on Tuesday. CDNL also closed with strength at .023 and thus will remain on our watchlist for the time being.

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Brownie’s Marine Group, Inc. BWMG

Additionally, we included BWMG on Friday’s Extended Watchlist, and were rewarded with a heck of a daily swing from this subpenny stock.

It traded in a range from .0034, and ran into the close to end the session at its high-of-day of .0075. That presented traders with the chance to bag up to 120% profit.


Home Depot, Inc. HD – Options Recap

Now, we’ll take an opportunity to review Friday’s action in a couple of options ideas that we identified on Wednesday as being high-potential, provided HD could continue its bullish push. The Weekly $127 and $128 Calls were our proposed targets, and the nice move HD itself made on Friday facilitated some huge chances for gain in our targeted contracts.

The $127 Calls ran from .65-2.88 for a nice 343% jump, which actually paled in comparison to the $128’s. Those exploded from .08 to 1.99- good for a mind-numbing 2387% single-session run!

We’ve actually had higher one-day percentage gains from a few other options ideas we’ve formulated this year, but this will certainly go down in the books as one of the biggest.


TerraForm Power, Inc. TERP

We also took notice of TERP after it had a big late-day run on Friday, followed by some after-hours Form-4 filings. We’re going to signal this one as a potential extended-term recovery play. We’ll need to see it continue to establish higher levels of support off of the new 52-week lows it registered on Thursday.


Extended Watchlist:
BTFL, ELED, SCIE, VAPE