Blue Horseshoe Stocks: Reviewing PBR, HMLA, SPY & More


Petroleo Brasiliero SA (Petrobras) PBR – Options

Revisiting PBR this week as the stock has been trending up off of its lowest PPS in the last dozen years, continued to be a good decision yesterday.

For those that may have missed the reports, our primary targets were the PBR Weekly $5.00 and $5.50 Calls, with the $6 Calls as a conditional target in the event that PBR rebounded high enough. The action in the stock certainly provided us with the chance at solid gains across the board in the previous session, with the $5’s, $5.50’s, and $6’s logging intraday gains of 42%, 80%, and 175%, respectively.

That pattern of potential repeated itself and grew exponentially yesterday. The opportunities were as follows:

$5 Calls  – Daily Range: .38-.66  – Max Gain: 74%
$5.50 Calls  – Daily Range: .06-.28 – Max Gain: 366%
$6 Calls  – Daily Range: .02-.05 – Max Gain: 150%

Moving forward, we’ll look for dip-and-rip off of this morning’s premarket high of 5.98, and for us to remain interested in these contracts, we’ll need to see support hold at or above 5.50 on that dip.


Homeland Resources, Ltd. HMLA

We were tracking HMLA through our extended watchlist yesterday, and observed a solid intraday run from the stock.

From an early low of .00189, the stock ran into the close as reached a new high of .003. That goes on the books as an intraday swing of 59% so cheers to anyone who pared some profits out of that move.


Fresh SPY Options Ideas

We had a tremendous amount of success with the SPY last week, observing astronomical moves in our targeted contracts. We even had an exceedingly rare, single-session mover of over 20,000%! We would be thrilled if today’s ideas yielded the chance at even a small fraction of those mammoth gains!

Based on yesterday’s activity on SPY chart, current market conditions, and time-decay evaporating premiums on weekly contracts, we’re going to look for quick-strike opportunities in the SPY Weekly $199.50-203 Calls.

Don’t forget: Trading options with a weekly expiration on a Friday inherently carries an elevated risk/reward dynamic.


Extended Watchlist:
ABHI, CMGO, HEMP, ACTL

Blue Horseshoe Stocks: PBR, PPCH Recaps & More

Petroleo Brasiliero SA (Petrobras) PBR – Options

After quite some time away from the stock, we revisited PBR in yesterday’s premarket report, and the timing was certainly fortuitous. In the past we had grown quite accustomed to the PBR options chain providing us with chances for quick-strike profits, and it appears some things don’t change.

We made our primary focus the PBR Weekly $5.00 and $5.50 Calls with attention also going the $6 Calls if PBR broke above 5.75, which it did for a brief time. In every case, the opportunity for sizable gains in the first hour of trading was present.

The $5 Calls ran 42% from .55-.78. The $5.50’s went from .20-.36, marking an 80% pop, and the $6’s made the most notable move, running 175% from .04-.11. 

We’re going to keep a continuous eye on these contracts leading right up to their expiration tomorrow afternoon.


Propanc Health Group Corp. PPCH

As we were just mentioning in yesterday’s report, PPCH has been on quite a tear since we tagged the stock in Friday’s extended watchlist. Our observed low from that afternoon was .0276.

The stock has set higher highs and higher lows every single day this week, and yesterday would go on to break a nickel. At its PPS high of .052, it marked an 88% swing from Friday’s low.  We’ll keep PPCH on our radars as long as it maintains support above a previous area of resistance around .04.



Compugen Ltd. PUGE

We also want to take a brief moment to point out the nice move made by another recent mention of ours. PUGE appeared in our extended watchlist on Tuesday, and has turned in a respectable two-session performance since that time.

The stock recorded a low of .006 on Tuesday, and yesterday it cracked the penny barrier, registering a high of .0105; a 75% session-over-session swing.


Axion Power International, Inc. AXPW

We’ve covered AXPW numerous times in the past, and after taking a look at the current setup of the chart, we’re going to begin watching it more intently in the sessions to come. Yesterday the stock was trading just .08 above its 52-week low, and it appears as if a rebound could be in the cards.


Extended Watchlist:
HMLA, RDSH, TPIV,

Blue Horseshoe Stocks: Recaps of PPCH, EGYH & More

Energy Holdings International, Inc. EGYH

EGYH presented us with a tremendous swing-trade opportunity after we began tracking the stock last week. It started off as a subpenny play, and following a low of .0081 a week ago today, it barreled its way past the one cent mark and well into pennyland.

The excellent five-session swing from .0081 to yesterday’s new high of .03 represents a move of 270% so congratulations to anyone who took advantage of even a portion of of those gains. We’ll continue to track the progress of EGYH provided it can maintain support above previous resistance at around .02.


Propanc Health Group Corp. PPCH

PPCH has appeared in our reports many times in the past, and most recently, we re-alerted and began tracking the stock at the end of last week. After an appearance in Friday’s extended watchlist the stock made its way down to a low of .0276 just prior to the close, and it hasn’t looked back since.

PPCH followed that swing-low with two consecutive bullish sessions, culminating in yesterday’s high of .0459 just before the end of the trading day. That registers as a 66% swing in slightly over two sessions, and it also logged considerably higher-than-average volume over that span as well.

We’ll look for PPCH to continue stringing together sessions of higher highs and higher lows, helped along by this recent surge in upward momentum.


Petroleo Brasiliero SA (Petrobras) PBR – Options

Speaking of old favorites, we’re revisiting another stock that has appeared numerous times (83 times including this morning, to be precise!) in our reports, and for good reason. Quite awhile back, we caught it coming off what was then its ten-year lows, and leveraged the recovery into thousands upon thousands in percentage gains via the options chain. If you’re a newer subscriber, feel free to go through our PBR archives to see just what we’re talking about.

We want to come back to PBR after all this time, because it has recently set a new 12-year low just prior to the beginnings of a rebound. The chart is ripening, as we’ve pointed out below, so we feel that now would be a good time to track some options calls.

To take advantage of a continued uptrend, we’re going to zero in on PBR Weekly $5.00 and $5.50 Calls for the moment. In the event that PBR manages to break past 5.75, we’d likely be looking at rolling our strike price up to the $6’s.


Extended Watchlist:
MNZO, ECRY, WSTI, RIG, AA

Blue Horseshoe Stocks: New Options Ideas, Bottom-Plays & More

Synergy Pharmaceutical, Inc. SGYP

SGYP kept piling on the gains yesterday with a great showing, emerging as one of our top picks of the week. For those who may have missed the reports, we declared interest in this play on Wednesday morning, and shortly thereafter bore witness to a solid 32% intraday run.

In yesterday morning’s report, we reinforced our confidence in the stock’s ability to produce another nice move based on the level of momentum it had built to that point. Our assumption proved accurate, and SGYP turned in an intraday increase of 19% from its early low of 7.92 up to a high of 9.44.

That move brought our total observed range on this play in a span of just two sessions to 56% (6.05-9.44).

SGYP is trading up slightly in the premarket with shares having traded hands for as much as 9.56 thus far this morning. While we’ll need to stay wary of potential pullbacks caused by profit-taking, we won’t want to let SGYP slip off of our radars.

The company’s Phase 3 trials for plecanatide as treatment for chronic idiopathic constipation met primary endpoints in both data runs, and there are many on Wall St. who believe we’ve yet to see the ceiling on this play’s potential.


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Options Ideas

Under Armour, Inc. UA – We’re cap things off week by formulating a couple of options ideas for UA. The stock has been on quite a rip recently, and we’re going to explore the possibility of using the trend to our advantage. Specifically, we’re going to be monitoring UA Weekly $82.50-83.50 Calls for potential quick-strike intraday swing-trade chances, while reserving a spot on our longer-term watchlist for the 07/31 $84 Calls.

Added Reminder: We also are going to stay hot on the trail of the PBR Options ideas we mentioned in yesterday’s report (08/21 $10 and $11 Calls) into next week. We’ve already seen moves approaching and exceeding 100% in those contracts, and want to remain open to the possibility of more coming down the pipe, with plenty of time left until their expiration date.


Bottom-Bounce Watchlist:

Both Medican Enterprises, Inc. MDCN and Adaptive Media, Inc. ADTM took huge gut-punches yesterday, and will end the week on our bottom-watch radar. The possibility for significant rebound opportunities could be forthcoming either today or early into next week.


Extended Watchlist:
ARYC,  MJMJ, TPIV, HERO(Still on Bottom-Watch)

Blue Horseshoe Stocks: SGYP, PBR Recaps & More

Synergy Pharmaceutical, Inc. SGYP

We determined that the nature of SGYP’s premarket activity on the heels of a positive PR yesterday warranted inclusion in our morning report, and the result was yet another winning performance in what has thus far been a great week.

SGYP proceeded to trade in a daily range from its early low of 6.05 on up to 7.97, marking an intraday spike of 32% on volume which exceeded the 3-month average by more than 20X.

That momentum is spilling over into premarket trading this morning, and we’re seeing another gap up today. We’re going to be very interested to follow the action as the session kicks off, open to the possibility of another dip-and-rip.


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Axion Power International, Inc. AXPW

Our coverage of AXPW this week yielded up big opportunities right from the start, and the trend continued early in yesterday’s session. The stock broke hard out of the starting gate and made a 30% run from .165-.214. As you can see on the 1-minute chart snapshot below, there were also a couple of subsequent swings that would follow.

AXPW ended up closing at .18, and has traded slightly higher in the premarket today.


Petroleo Brasiliero SA (Petrobras) PBR – Options

We also want to track back to a report on PBR we published on the morning of June 3rd, wherein we formulated some longer-term options ideas; specifically the 08/21 $10 and $11 Calls. The PBR chart has been ripening nicely of late, and as a result we’ve seen some nice chances for gain with those contracts.

August $10 Calls – Range: .31-.64 – Max Gain: 106%
August $11 Calls – Range: .17-.30 – Max Gain: 76%

As you can plainly see, PBR is working on one heck of a chart setup, so we’ll certainly continue to monitor these calls that have consistently been making higher lows and higher highs along with the stock.


StemCells, Inc. STEM

We want to tag STEM for observation this morning in the wake of an interested premarket PR we’ve noticed. The company has received the green light from Health Canada “to expand its Phase II clinical trial for chronic cervical spinal cord injury”. >> Read PR

The stock is gapping up in premarket trading, and if it can manage to break through its recent swing high at .74 once the session begins, things could get rather interesting.


Extended Watchlist:
AMD, AEZS, PARN, ERN, HERO(Big gap-down, possible rebound)

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