Month: December 2016

Blue Horseshoe Stocks: Kicking Off the Short Week

Imprimis Pharmaceuticals, Inc. IMMY

We began tracking IMMY as it was coming off of recent relative lows on Thursday morning, and at the time the stock saw a low of 2.12 before continuing the bottom-bounce that initially drew our attention.

That trend continued on Friday, as we suggested it might in our premarket report, with IMMY adding a solid session wherein the stock pushed its way from a low of 2.50 to a new high of 3.05. It went down in the books as an intraday increase of 22%, and a two-day swing of 44% over our observed low from Thursday.

Momentous Entertainment Group, Inc. MMEG

Wednesday morning’s premarket report was when we caught on with MMEG, and after making a nice two-day swing of 123% from a low of .0017 to .0038 on Wednesday and Thursday, the stock continued to push upward on Friday and secured multi-day runner status.

From a low of .0032 the ran to .0055, which works out to a daily rip of 72% and a three-day overall move of 224% over the low we saw on Wednesday.

Yippy, Inc. YIPI

We tagged YIPI in Friday’s extended watchlist, catching the stock just in time to witness a solid run from .60-1.09, which marked an intraday rise of 82%

The excellent single-session move came on volume of more than 17X the monthly average, so we’re definitely going to want to keep an eye on it as we kick off this holiday-shortened week.

Novus Acquisition & Development Corp. NDEV

After first alerting NDEV on December 12th, we’ve borne witness to a really nice run that has essentially lasted the entire time since then.

We observed a low of .30 in the stock on that first day, and it didn’t fall below that mark once in these ten ensuing sessions. What it has done, is gradually raise the bar, until it cracked through the dollar barrier to set a new high of 1.05 on Friday. That qualifies as a two-week swing amounting to 250%

Petrobras Argentina PZE

To wrap up this lengthy review of all the recent winners we’ve been tracking, we want to make a quick mention of PZE, which we slated as a bottom-watch play at the end of last month.

We urged readers to monitor the stock closely in the days that followed, feeling strongly that a rebound was in order, and the month of December has really validated that notion convincingly. From the low we witnessed the day after our alert at 4.66, PZE has made its way to a new high of 6.77, a solid 45% swing.

Bonus Video – Cannabis Sector Update

Take a few minutes and have a look at this video update of the state of the cannabis sector, including closer views of a few of the specific plays we’ve been following in the space, and what they’ve been up to in recent weeks:

VIDEO: Cannabis Sector Review(Featuring Stock Sumo)

Extended Watchlist:
ECOS, PVCT, INVT, IMNP, MEMP, PLX

Blue Horseshoe Stocks: Weekly Winners Review

Weekly Winners Review

Yesterday was a great day for so many of the ideas we’ve been discussing this week, leaving our normal routine seemingly unaffected by the holidays.  That being said, we’d like to wish all of our readers a prosperous holiday season! 2016 was yet another great year, and we’re already very excited about making 2017 even better!

Micron Technologies, Inc. MU – First up, we’ve got an update on the options idea that we included in yesterday’s premarket report. We signaled the MU Weekly $22-23.50 Calls on the heels of the company’s solid earnings call on Wednesday. All four of the sets of contracts in that range provided big-time gain opportunities:

$22 Calls – Range: .88-1.47 – Max Gain: 67%
$22.50 Calls – Range: .47-1.00 – Max Gain: 113%
$23 Calls – Range: .24-.58 – Max Gain: 142%
$23.50 Calls – Range: .10-.29 – Max Gain: 190%
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ERF Wireless, Inc. ERFB – After first alerting ERFB a week ago today, we’ve tracked the stock throughout this week, and witnessed a great run from a low of .0013, to yesterday’s high of  .0085. That worked out to an excellent intraweek swing of 554%
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Globalstar, Inc. GSAT – Speaking of momentum plays, that’s just what GSAT was when we caught it on Monday morning. It had already strung together four sessions of higher highs, and has managed to maintain that trend for another four! We’ve witnessed an additional increase of 60% from our observed low of 1.25 to yesterday’s new high of 2.00 on heavy volume throughout the week.
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Momentous Entertainment Group, Inc. MMEG – We tagged MMEG in Wednesday morning’s premarket report, and that one has made a very nice two-day swing as well. From a low of .0017 to it reached .0038, which represents a 123% spike.
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Imprimis Pharmaceuticals, Inc. IMMY – We also just want to remind readers of a signal we gave yesterday morning on IMMY, which had just begun to show signs of a bottom-bounce in the previous session. The stock did continue that trend with a modest 17% move to the upside, trading from a low of 2.12 to 2.48. The jump did occur on well over five times the 3-month average volume, so we’ll continue to observe this play, which has a chance to confirm its multi-day runner status with strong finish to the week.

 Extended Watchlist:
ACNV, OTTV, NUVI, AJBI, YIPI, PLX, VNR

Blue Horseshoe Stocks: NKE Review & More

NIKE, Inc. NKE – Options Update

Yesterday we brought a grouping of NKE options ideas to the table following a post-market options beat the previous day.

Despite the slow market conditions that are to be expected of a week leading into the year-end holidays, we felt that NKE was set to provide some opportunities, and we weren’t disappointed.

Our targets for “daytrades and/or swing trades” were the NKE Weekly $52.50-54 Calls and it appears as if both notions will turn out to be correct, with the stock looking like it could post another strong session today. As for the daytrades that were possible yesterday, we saw the most notable moves out of three sets of contracts in our highlighted range:

$52.50 Calls – Range: .15-.38 – Max Gain: 153%
$53 Calls – Range: .07-.21 – Max Gain: 200%
$29 Calls – Range: .03-.09 – Max Gain: 200%

ERF Wireless, Inc. ERFB

We want to provide a quick update on ERFB this morning, which we highlighted in last Friday’s premarket repot.  The stock saw a subsequent low of .0013 following that alert, and as of yesterday it had pushed as high as .0079.

That worked out to a 508% intraweek move up, so we want to say congrats to anyone who took this subpenny popper for a ride on the heels of last week’s tag.

Potential Bottom-Plays

We found a pair of stocks this morning that are both trading near their relative bottoms, with strong indications of impending rebounds on both of the charts.

Imprimis Pharmaceuticals, Inc. IMMY
& Ideal Power, Inc. IPWR

In addition to a ripe-looking chart, IMMY has seen some insider buying of late. A recent Form-4 filing revealed a significant buy ($280K) from CEO Mark Baum, who, coincidentally enough, also serves on the board of IPWR. We’re going to keep both of these stocks on recovery watch in the days and weeks ahead.

Fresh Options Idea:  MU Weekly $22-23.50 Calls

Extended Watchlist:
INAP, TKAI, RGSE, ANY, HTBX, SYRX