Month: September 2016

Blue Horseshoe Stocks: Huge Options Wins & Much More


Options Updates

We targeted a range of options calls in both FedEx and Adobe yesterday, as both stocks were showing good premarket activity on the heels of their earnings reports. It illustrated perfectly why we’re always formulating post-earnings options ideas.

FDX Weekly $165-170 Calls
$165 – Range: 5.35-9.00 – Max Gain: 68%
$167.50 – Range: 3.16-6.71 – Max Gain: 112%
$170 – Range: 1.42-4.18 – Max Gain: 194%

ADBE 10/21 $100-110 Calls
$100 – Range: 6.55-8.58 – Max Gain: 31%
$105 – Range: 2.80-4.21 – Max Gain: 50%
$110 – Range: .83-1.41 – Max Gain: 70%

Both stocks are gapping up again this morning, so we expect to see extended gains on these contracts today.


Recovery Play Updates

Yesterday’s session confirmed validation of all three of the bottom-bouncers  that we highlighted in Tuesday’s premarket report.

MGT Capital Investments, Inc. MGT and ACRE Realty AIII – These were both new for us on Tuesday, getting our attention as stocks that were heavily oversold after reaching new lows. As it turns out, we timed those bottoms perfectly, as you can see in the side-by-side chart snapshot below.

So far the range we’ve observed on MGT is from 1.77-2.58, a 46% rise, and in AIII, a move up from .90-1.20 (+33%). We’ll stay on their trails to watch for a continuation of these rebounds.

_____

NovaVax, Inc. NVAX –  While it did appear on our Bottom-Bounce Watchlist on Tuesday, NVAX began its own recovery when we initially brought it to the table in Monday’s report.  We’ve included a snap of this chart as well so you can see the excellent progress it’s made since then.

To this point we’ve witnessed a three day swing of  43% from 1.36-1.94. The stock closed at that high, so it too will be granted a reserved slot on our radars in coming sessions.

_____

Jammin’ Java Corp. JAMN

We alerted JAMN as a potential bottom-play last Tuesday and it too has made a solid move to the upside since then.

We saw the low come in at .0011 following that mention, and yesterday the stock reached a new high of .0025. That represents a 127% rip off of its lows in just over a week’s time.

StrikeForce Technologies, Inc. SFOR

This is a stock that we’ve been familiar with in both the distant and recent past, and we included it once again in yesterday’s report. The stock kept piling on the excellent momentum we’ve observed over the past few sessions, and ultimately set a new high for us, falling just short of breaking the penny barrier.

SFOR traded in a modest intraday range  from .008 up to .0095, a 19% increase, closing strong once again at .0094. From the low we observed following our next most recent mention of the stock  (.0036) the new high represented an overall swing of 164%

We’ll be interested to see if SFOR can maintain momentum and breach into Pennyland. The last time it came close was nearly a year ago.

Extended Watchlist:
MSTX, CNAT, CTIC, APYP, MAXD, NUGN

Blue Horseshoe Stocks: NWBO Review, Options & More

Northwest Biotherapeutics, Inc. NWBO

We’ve been mentioning NWBO this week beginning on Monday, and yesterday, despite already having seen some solid gains from the stock, we were met with a second consecutive solid intraday performance.

NWBO traded in a daily range from .551 to .76, which marked a surge to the upside of 38% and from our observed low subsequent to its appearance in our morning report on Monday (.5018), yesterday’s high represented a two-day swing of 51%

We’ll continue to track the progress here, and will be anxious to see if the stock can maintain it’s multi-day runner status.

More Bottom-Watchers

Yesterday we submitted a bottom watchlist consisting of three oversold stocks that we’re going to want to keep on our radars for the possibility of an eventual rebound (MGT, AIII, NVAX). This morning, we’d like to add a couple more to that list for us to monitor in sessions ahead.

Each of the following stocks appears to be egregiously oversold, and both have just registered new 52-week lows; two key components we look for when searching for potential recovery plays.

Gordman’s Stores, Inc. GMAN

Towerstream Corp. TWER

Fresh Options Ideas

We also want to delve back into the realm of options trading this morning, with a couple of ideas based on post-market earnings releases yesterday.

As our regular readers are well aware, we’ve used post-earnings options calls to find MAJOR short to intermediate-term success on countless occasions in the past, and these are just the types of plays for which we’re constantly scanning the landscape.

Our new targets are the following:

FDX Weekly $165-170 Calls

ADBE 10/21 $100-110 Calls

Extended Watchlist:
EBIO, GLRI, USLV, SFOR, LOGX, ADMS

Blue Horseshoe Stocks: APTY Recap & More

APT Systems, Inc. APTY

We reasserted our interest in APTY in yesterday’s morning report, after initially mentioning the stock on Friday prior to its respectable run of 38% that day from .0032 to .0044.

We were right to do so, as the stock opened up the new trading week with a bang. Maintaining support on a slight early morning dip at Friday’s swing high of .0044, the stock spent the remainder of the session on a steady uptrend.

Ultimately we witnessed a surge to a new high of .0069, which marked an intraday surge of 57%, and from our observed low of .0032 on Friday, it represents a two-day overall upswing of 116%

We’ll continue to have an eye peeled here, and APTY can sustain our interest by maintaining support at or above .0056 on any pullbacks.

Northwest Biotherapeutics, Inc. NWBO

We also want to make a quick note of NWBO, which we tagged in yesterday’s report as well, and will want to keep it on our radars moving forward for signs of further upward movement.

The move we observed was relatively modest, an intraday jump of 28% from .5018-.64, but more importantly, the stock carried over the momentum from the previous session, and we’re going to be on the lookout for that to continue. We’ll have a spot reserved on our tracker for NWBO as long as it continues to register these higher highs and higher lows.

Bottom-Watchlist

In lieu of our typical ‘Extended Watchlist’, today we’re just going to go with a bottom-watchlist. The following plays are trading near recent relative lows, and qualify for oversold status.

MGT Capital Investments, Inc. MGT – We’ll have MGT on a passive watch, as it seems like it could have a little farther to fall before making a rebound. We’ll look for it to ultimately find support and make a reversal at or above the current 200DMA of 1.58.

The company has just been denied the issuance of 43.8M shares by the NYSE regulatory office that are needed to close MGT’s acquisition of D-Vasive. The eventual rebound may possibly coincide with the resolution of this temporary roadblock.  (>>View PR)
______

ACRE Realty LP (AIII) – As a result of trepidation over interest rate hike speculation, Real Estate Investment Trusts like AIII have been taking a pounding. As the aforementioned play, there could still be some room to the downside, so we’ll have to keep a careful watch for a bottom over the next few sessions.
______

NovaVax, Inc. NVAX –  We also want to provide an update on another bottom-play we brought to the table yesterday morning. We noticed a mega gap-down on the chart as the stock fell from the $8-range to the $1-range on Friday, and to start out the week, NVAX did manage to record higher highs and higher lows, although there has been no major PPS increase just yet. We’ll continue to monitor for a more significant rebound off of its recent bottom.