Month: August 2016

Blue Horseshoe Stocks: FPVD Breaks Out & More

Force Protection Video Equipment Corp. FPVD

We were just mentioning how we wanted to stay on FPVD’s trail yesterday morning, after the stock had shown us a nice 64% move on Tuesday.

We identified .036 as a key point of resistance that we wanted to see broken, and not only did that happen, but the stock smashed through and kept on running to an impressive new high.

It traded in a range from .022 on up to a nickel, for an intraday gain of 127% which occurred on roughly 7 times the three-month average volume. From our observed low on Tuesday, it represented a session-over-session swing of 198%

The previous resistance we mentioned at .036 will now be the level FPVD will need to hold support at or above in order to maintain our attention going forward.

Wal-Mart Stores, Inc. WMT – Options Idea

We’ve had some excellent fortune recently with earnings-related options plays in the retail sector, and the opportunity to take advantage of yet another one may be ready to present itself today in the form of WMT.

Increased revenue for the quarter has led the retail giant to increase guidance for the remainder of the year, and the news is causing a notable gap-up here in the premarket. As the activity unfolds, we’ll be looking to possibly take advantage of WMT Weekly $73.50-76 Calls.

Extended Watchlist:
BBGP, BCEI, BONT, BLDP, THLD, SCYX, VRX

Blue Horseshoe Stocks: FPVD Recap & More

Force Protection Video Equipment Corp. FPVD

FPVD found its way back to our reports yesterday morning, and followed up by producing a notable intraday move on the day.

We were afforded the opportunity to realize single-session gains of up to 64% as the stock traded from an early low of .0168, and ran toward the end of the day, achieving a high of .0275 on more than four times the one-month average volume.

We’ll keep a watch over this play as we head through midweek, looking for it to make a run at its next key resistance point at .036, however it will need to maintain support at or above .015 in order to hold our interest.

MarilynJean Interactive, Inc. MJMI

MJMI continues to earn itself mentions in our reports since tagging it for the first time just under two weeks ago. It’s been on a fairly steady climb for the entire time since.

Yesterday the stock traded in a range from .27 on up to another new high at .40. That works out to an intraday gain of 48% which occurred on volume exceeding the monthly average by three times.

From our observed low of .091 which was recorded on the 5th, MJMI has now made an overall increase of 340% and earned itself a continued slot on our working watchlist.

Aurinia Pharmaceuticals, Inc. AUPH

We also want to make mention of AUPH, which is a stock we’ve noticed starting to make a move off of a recent bottom. We like the chart’s look of rebound potential with a massive gap to fill, so we’ll put this one on the radar as well.

The stock briefly toyed with the 200DMA yesterday, and we’ll be looking for it to make a move back through the channel between there and the 50DMA of 3.03 en route to filling that gap.

Extended Watchlist:
SFOR, USRM, WTII, ONOV, VRX, LL,

Blue Horseshoe Stocks: Updates, Options Review & More

El Capitan Precious Metals, Inc. ECPN

After observing a low of .1222 in ECPN subsequent to our alert on Wednesday, the stock has done nothing but show steady increases each day since.

Yesterday’s session brought an intraday move of 42% as the stock ran from .193-.275. That new high represents an overall increase of 125% in the four sessions since we began tracking.

Yesterday we stated that ECPN was receiving a rare 100% ‘Buy’ Rating at BARCHART.COM and that remains true this morning.


JC Penney Co. Inc. JCP – Options Update

Our options trading idea from Friday, the JCP 08/19 $9.50-10.50 Calls ended up having another great session for us to start the week yesterday. We mentioned that we’d be on the lookout for those plays to continue the momentum from Friday, when they afforded us gains ranging from 164-640%

It was a good thing that we did, because the three sets of contracts went on to not only make nice intraday moves, but a couple of them also extended our overall observed gains from the previous session by a significant margin.

$9.50 Calls – Range: 1.11-1.76  – Intraday: 59% – Two-Day: 300%
$10 Calls – Range: .63-1.31 – Intraday: 108% – Two-Day: 719%
$10.50 Calls – Range: .30-.83 – Intraday: 177%

MarilynJean Interactive, Inc. MJMI

We’ve been tracking MJMI since early this month, and the stock has performed quite well, mostly experiencing upward momentum during that time.

Our observed low on the play came in at .091 back on the 5th, and as of yesterday’s new high of .30 we had borne witness to an increase of 230%

Innovativ Media Group, Inc. INMG

INMG came off of yesterday’s watchlist, and the stock made a nice move on the day. From a low of .00475, it reached as high as .007 for a solid 47% jump, which occurred on roughly six and a half times the monthly average volume.

Extended Watchlist:
PEFF, NNLX, ELED, FPVD, BTGI, SFOR