Month: April 2018

Blue Horseshoe Stocks: CANN Recap & More

General Cannabis Corp. CANN

To kick off this week, we sent out a reminder going over the extensive list of cannabis plays we published on April 4th in anticipation of Friday’s 04/20 Holiday celebrations and connected stock activity.

We expect a rising tide of interest and activity in the cannabis space for the remainder of this week and beyond, during what is one of the busiest times of year for marijuana-related businesses/stocks.

We are already impressed with the move made by CANN since our initial alert and through to this week. On the 4th, following our report, CANN established its base at 2.25 and hasn’t looked back. Yesterday the stock hit 5.75, marking a two week bull run of 156% As we said, we expect to see more moves like this from the myriad cannabis plays we track on a regular basis. (Non-Exhaustive List Here)

vTv Therapeutics, Inc. VTVT

We also want to make note of VTVT this morning after noticing a number of attractive features on the chart. Pre-existing shareholders of VTVT are certainly not happy with the events of the past few months, but as opportunistic short-term traders, it has almost everything we look for a regular basis.

In addition to being monstrously oversold, the stock has seen a rise in average volume over the past week, after a massive gap-down which you can plainly view on the snapshot below. What makes the scenario so interesting, is that the company will need to reattain and hold the 1.00/share or risk involuntary delisting from the NASDAQ. With all these factors playing in, we’ll definitely want to put this one on extended watch in the event it attempts to fill even a portion of that gap.

Extended Watchlist:
NFLX, GS, UNH CNIT, CNET, VHC, RKDA, GWPH, KOOL

Blue Horseshoe Stocks: Cannabis Reminder

Cannabis Reminder

With the cannabis counterculture holiday of 04/20 capping off this week on Friday, you can bet that our tracking of the cannabis sector is going to ramp up right along with many of these stocks.

It was back on the 4th of this month that we published an extensive list of marijuana industry stocks to track in anticipation of this event. For those outside the loop, “Four-Twenty” is a massive celebration each year on April 20th, to commemorate the cultural tradition of partaking in cannabis at 4:20pm on any given day. Cannabis companies use this as the perfect marketing ploy, and as a result, many do their highest sales of the year on the heels of this holiday.

A few of the plays we highlighted earlier this month have already begun to see appreciable moves on the chart. Take OWC Pharma (OWCP) for example. Since the 4th, the stock has increased from .20 to .30, a 50% rise in under two weeks.

We would expect to see similar, and even better gains coming from many cannabis stocks all across the board. That’s why we wanted to open up this week with a reminder to keep a close eye on anything even remotely tied to the space.

Just refresh, some of those stocks include, but are not limited to:

AGTK, HEMP, SGMD, SING, GRNE, GOHE, MCOA, MCIG, POTN, PNTV, RMHB, CANN, CBIS, ATTBF, GLDFF, GLNNF, NXTTF, MRRCF, SPRWF & CRON

Extended Watchlist:
SSC, NETE, ITCI, ERI, MBII, NAV, ONVO, LOXO, CLS

Blue Horseshoe Stocks: DAL, CPST Recaps & More

Delta Airlines, Inc. DAL

We picked up on Delta’s premarket earnings beat yesterday, and took the opportunity to formulate a set of options ideas to correspond with the activity, and it’s a good thing we did.

We highlighted and began tracking the DAL 04/13 51.50-53 Calls, and unsurprisingly, every single contract within our designated range made solid moves on the day.

$51.50 Calls – Range: .92-2.13  – Max Gain: 132%
$52 Calls – Range: .66-1.70 – Max Gain: 158%
$52.50 Calls – Range: .41-1.25 – Max Gain: 205%
$53 Calls – Range: .15-.68 – Max Gain: 353%

Not only did we already bear witness to these excellent gain opportunities, but it looks as if these figures might be extended even further today as we close out another trading week, so we’ll really want to continue to keep an eye peeled. We’ll also roll up to include the $53.50 Calls on our watchlist.

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Fresh Options Idea:
SPDR S&P 500 (SPY) $266.50-268 Calls

Capstone Turbine Corp. CPST

We were just commenting the other morning on how so many of our stock selections so far in 2018 have gone on to mount very steady bull runs, and CPST is another shining example of just that.

We initially flagged the stock for observation a month ago, on March 12th, and the stock has been in a continual uptrend since then, so we wanted to take this chance to update our readers on its progress. From our observed low of .934, CPST has rocketed up to a new high of 1.85, marking a one month move of 98%

Extended Watchlist:
CCIH, GFI, NETE, PXLW, AMPE,