Blue Horseshoe Stocks: GTAT Recap & More

GT Advanced Technologies, Inc. GTAT

The unmatched winner of yesterday’s report definitely has to be GTAT. This gem came off of our extended watchlist, and had a breakout session. The impressive run began at a morning low of .88, and the stock continually pushed the envelope, reaching an afternoon high of 2.00.

The move came to an impressive intraday gain of 127% on 17X the three-month average volume. Cheers to all the folks who were able to carve a slice off of the pie!

The PPS did taper into the close, pulling back to 1.21, but is gapping up this morning, with GTAT thus far having traded as high as the 1.60’s in the premarket.

Recapping Yesterday’s Options Idea

Yesterday morning we raised a flag on the November $16 PBR Calls, and our bait wasn’t in the water long before we got a bite. PBR would briefly crack the $17-mark by early afternoon setting the stage for a solid chance.

Our contracts of interest traded in a range from 2.00 to as high as 2.70, making for a 35% intraday swing. With plenty of time before expiration, we could still see further action on the Nov. $16’s, so they’ll stay on our radar for the time being.

Extended Watchlist:
JNUG, SCOK, OXGN, UNIS, 

Blue Horseshoe Stocks: Options Review, MKHD Recap

Reviewing Friday’s Options Calls

First thing today, we’d like to rehash a portion of Friday’s report that we didn’t get a chance to discuss yesterday. Our regular followers will recall the added note we included regarding a few options trading ideas we were considering. As a result of favorable jobs numbers released that morning, we pointed out our interest in trading Calls in SPY, AA, ISRG, & GPRO.

Regardless of which selection one used to take advantage of the trend, it was met with potentially lucrative results. The dip-and-rip pattern we were on the lookout for showed itself across the board. For example, one of the biggest standouts out of the bunch were the SPY $195 weekly calls had traded as low as .52, and made it to roughly 2.00.

Moving forward, we’ve got another set of options to monitor. One of our favorite options trading cash-cows this year has been PBR, and yesterday the stock had a big bounce following last week’s selloff. As a result we’re going to radar November $16 Calls, and see if we can once again use PBR to our advantage as we have countless times already this year.

Mount Knowledge Holdings, Inc. MKHD

After a significant performance following our first mention of MKHD (Range: .042-.085 +102%) the stock has done a good job of maintaining higher levels of support, and we just wanted to re-state why we are so keen to follow this light volume trader.

The thing that mainly drew us to MKHD last week was the PR the company released regarding its acquisition of cyber-security firm Civergy, Inc; an outfit which generated revenues in excess of $35M last year. Further details of the deal were released in an 8-K on Wednesday, and we’re anxious to see what kind of lasting effect the merger will have on MKHD.

Extended Watchlist:
GTAT, GSAT, BCLI, ISR (Bottom Play)

Blue Horseshoe Stocks: Revisiting a Past Winner

Dig-It Underground, Inc. DIGX

To kick things off this week, we’re going to be taking another look at a stock that recently afforded us a couple of quality opportunities to make some profitable moves.

We first alerted DIGX a couple of months ago on August 29th, and on that first day, had the good fortune to witness a 90% spike from .0048-.0091. Over the next couple of sessions, the stock pulled back to find support at .0035, and subsequently made a 100% rebound to .007.

Since then, DIGX has been under consolidation, and we are paying special attention today, as the stock has registered higher lows and higher highs for the past three sessions, and on Friday it briefly exceeded the 50DMA (.0043). It’s all pointed out on the annotated chart below:

For those of you that may have missed our original coverage on DIGX, at the time, we were keen to monitor the situation with regard to the company’s planned entry into the cannabis sector. Over the few weeks there have been a few developments to that end.

The company announced the forming of a new subsidiary it is billing as High Life Media, Inc. and is in the process of launching the High Life Media Network, which according to DIGX, “will extensively cover core cannabis issues, business opportunities, debates and conversations as well as entertainment, fun/facts, and ecommerce” over a variety of delivery mediums and devices.

Thus far, DIGX has launched two separate platforms; the Cannabis Lifestyle™ online magazine (http://cannabislifestyle.co) and the Cannabis Health™ scientific journal (http://cannabis-health.co). To check them out just follow the links, or click the following logos:

Between being at a relative bottom on the chart, and having the company making more aggressive strides toward its involvement in the cannabis media industry, we think now is a good time to turn our attention back to DIGX.

**Update 6AM** We caught an early morning PR announcement from DIGX today. The company has made two new additions to the roster of the High Life Media Network:

EULESS, TX–(Marketwired – Oct 6, 2014) – Dig-it Underground, Inc. (PINKSHEETS: DIGX) – Robert Wodarczyk, President of Dig-it Underground, Inc., announces the newest additions to the High Life Media Network: The Cannabis Laws ™ Online Cannabis Encyclopedia; and the Daily THC™ popular culture website. >>> VIEW FULL PR

OTHER RECENT HEADLINES:

Pre-Subscribe to be notified of the launch of DIGX’s new web portal @ highlifemediainc.com