Blue Horseshoe Stocks: IMSC Update & More

Implant Sciences Corp. IMSC

We caught IMSC earlier this week on Tuesday, as it popped up on a routine news scan that morning; the company had announced a potentially lucrative contract with the TSA and the stock was gapping up pretty big.

It took a couple of sessions for the stock to come down and find support, and yesterday following an update on the TSA contract in which we learned that the initial order for over 1100 explosive detectors to be deployed in airports across the country was received, the stock began to run. >> Read PR

From an early low of 1.26 IMSC made a nice 22% intraday move, topping out at 1.54. We want to continue to pay attention to this play as the week comes to a close, in the wake of this morning’s Q1 2015 earnings release, which contains some favorable figures:


Off of Today’s News Scan

We’ll group our Extended Watchlist items together with links to the important PR’s each of the companies has out this morning.

Armco Metals Holdings, Inc. AMCO released earnings which beat expectations: ARMCO METALS HOLDINGS, INC. Files SEC form 10-Q, Quarterly Report (Fri 8:32AM EST)

Geron Corp. GERN licensed its cancer treatment to a unit of Johnson & Johnson for up to $935 million: Geron could get $935M in blood disorder drug deal (Thu, Nov 13)

SkyPeople Fruit Juice, Inc. SPU announced vastly increased Q3 revs:SkyPeople Q3 Revenue Up 79% to $34.8 Million, Net Income Increases 45% to $4.7 Million (Fri 6:00AM EST)


Blonder Tongue Laboratories, Inc. BDR also released earnings today: BLONDER TONGUE LABORATORIES INC Files SEC form 10-Q, Quarterly Report (Fri 8:31AM EST)

Immunocellular Therapeutics, Inc. IMUC announced continued favorable results from trials of their dendritic cell-based immunotherapeutic vaccine: ImmunoCellular Therapeutics Presents Updated ICT-107 Phase II Data at the Society for Neuro-Oncology Annual Meeting 2014 (Fri 6:00AM EST)

Blue Horseshoe Stocks: TWTR Options, ZAZA Earnings & More

Twitter. Inc. TWTR – Options

Part of our attention this morning will be given to TWTR, and, more specifically TWTR calls, as we’re catching the stock in the midst of rebounding off of it’s lowest price point since the end of July. The stock found support just shy of the $40-mark on Tuesday and registered higher lows and higher highs during yesterday’s session.

We’ll look to take advantage of a possible continuation of the trend using the TWTR options chain. The $42 and $43 weekly calls are going to be where we look for intraweek flip opportunities, and for a longer-term swing trade idea, we’ll track the December 12th $44 calls (Last Traded: 1.45).

If TWTR can fill the remaining gap on the chart to the $47-range before 12/12 we could be looking at a 100% increase in those calls from here, so it’s going to be something we’ll pay close attention to over the next month.


ZaZa Energy Corp. ZAZA

ZAZA has us on alert this morning as well; the stock is gapping up heavily on a post-market earnings release that included some interesting figures. The company has a conference call scheduled to begin at 10:00AM EST >>> Listen In via Yahoo! Finance


ZAZA’s Q3 Highlights

  • Total production of 54.8 MBOE, a year-over-year increase of 145%.
  • Revenues of $2.7 million, a year-over-year increase of 144%.
  • Total operating expenses declined by ~60%; G&A declined by ~30%.
  • Net income of $10.1 million vs. a net loss of $20.6 million.
  • Total debt declined by $7.7 million or ~8% over the past nine-months (3Q14 vs. CY13).

READ FULL PR >>>

We’re going to be monitoring this play for an early run-up on the untraded-upon earnings report, followed by a possible dip-and-rip scenario. We’ve sniped out rapid gains on both sides of the fence in situations just like this one, just by staying extra vigilant, so ZAZA will be another interesting play to follow as we close out the week.

Extended Watchlist:
SWET, DWA, ASTI, SAND, DNDN, BAXS (Big gap-down, radar for potential bounce)

Blue Horseshoe Stocks: JNUG, RAMO & More

Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG)

We’ve been tracking JNUG in the wake of last week’s annual low on the price of gold, and as the price of the precious metal has rebounded it has provided us with a few swing-trade opportunities.

Initially we saw JNUG run from 3.59-4.44 (+24%), and after pulling back slightly to 3.65 yesterday morning, the ETF ran back to 4.40, an intraday increase of 20% on several times the average trading volume.

We expect to witness similar patterns of activity in JNUG as long as the price of gold continues to rebound. We’re looking for it to hold support at or above $1161 (Trading in $1166-range this morning)

Ramoil Management Ltd. RAMO

We want to tag RAMO this morning and add it to our list of cannabis-related stocks; according to a PR we just caught coming over the wires, the company is set to begin clinical testing with both CBD and THC (chemical compounds found in marijuana).

It is conveniently timed with the “major hurdle” that was just cleared with regard to government approval of using cannabis for the treatment of soldiers diagnosed with PTSD. The U.S. Department of Health & Human Services has given its stamp of approval, with the measure only needing DEA clearance before becoming policy. >> Read Article in US Today

LAS VEGAS, Nov. 12, 2014 /PRNewswire/ — RAMOIL MANAGEMENT, Ltd (RAMO) wants to honor and support our veterans by announcing that RAMO Bio-Med, Inc., its wholly owned subsidiary, is beginning with controlled clinical testing of “RAMO CBD” and “RAMO THC” formulas for the treatment of Post Traumatic Stress Disorder, commonly known as PTSD. >> Full PR

Dendreon Corp. DNDN

We’ve been watching DNDN for a bounce opportunity this week, as the stock has been way oversold of late. This morning it appears as if the stock is trying to gap up slightly, so we just want to throw in a reminder that this stock could turn into a hefty bounceplay at any time.

Extended Watchlist:
SWET(News), GEVO, RADA, SUPN, SUSQ, CGG