Blue Horseshoe Stocks: SFOR Update & More

StrikeForce Technologies, Inc. SFOR

Prior to including it in yesterday morning’s premarket report, our next most recent mentions of SFOR were last Wednesday and Thursday, giving all our readers plenty of time to catch the massive wave of momentum that has now carried the stock to new highs.

At that time we observed a low of .008 in the stock and in the ensuing four sessions it has managed to register higher highs and higher lows each day. The intraday range on the stock yesterday alone was .0134-.022, a solid 64% rip. Measured from last week’s low, we’ve now witnessed an overall upswing of 175% From our all-time observed low on this familiar play (.0036), yesterday’s high marked a 511% jump.

We’ll continue to observe for an extension of the pattern that has been established here, and remain interested as long as the stock maintains support above yesterday’s swing low.


Oroplata Resources, Inc. ORRP

We signaled ORRP for observation in yesterday’s watchlist, and the stock ended up making a really nice run into the close that was good for sizable intraday gains.

We noticed this one in a routine morning scan yesterday, however, as it is a stock that’s been heavily promoted in the past, we’d like to take this opportunity that our interest in it was purely fundamental. We are not connected in any way to any of the promotions/promoters that have ever gone out on this stock.

In terms of the move it made subsequent to yesterday’s mention, we saw ORRP traverse its way from .265 to .405, for a healthy intraday gain of 53% The stock closed just a shade below its high of day, so we’ll certainly be on the lookout for a continuation of momentum into today’s session.


Acorda Therapeutics, Inc. ACOR

The confluence of a newly-recorded annual low, some insider selling, and a sizable gap to the on the chart to the upside have us thinking about a longer-term options idea to correspond with a possible recovery.

The chart still appears to gearing down, so we could see some slight downside before this idea comes to fruition, but we want to signal and begin monitoring now to make sure we’re not late to the party

. We’re going to put a tab on the ACOR 10/18 $23-25 Calls to prepare ourselves for what could be quite a significant rebound once the stock finds a solid level of support from which to launch a rebound.


Extended Watchlist:
GNID, SGBY, PIRS, ARRY, ATNM, NAVB,