Blue Horseshoe Stocks: Another PBR Update & More

Petroleo Brasiliero S.A (Petrobras) PBR – Options

Petrobras continues to be one of our main conduits to making large gains. We were able to carve out another chunk of profits on Friday as the stock hit a new high for us, traversing its way up the chart to peak at 15.92. Considering we picked up on this play in the low $11-range shortly following its 10-year lows back in March, we’d call its performance since then nothing short of amazing.

Of course, our real bread and butter here has been the options chain. Last week was yet another victory for anyone playing the Call side, with every contract we were watching making some nice strides.

In particular, the 07/19 $15 Calls that we’ve been tracking for weeks now have done beautifully, hitting a new high on Friday at 1.25. From the 25-cent low we observed in the week prior, that marks a walloping 400% move!

As we’ve stated before, we will continue to stick with monitoring PBR for as long as it continues to serve us up ripe opportunities for profit.

BARCHART.COM is presently issuing PBR a 96% Overall “Buy Rating”



Intuitive Surgical, Inc. ISRG

ISRG comes back to us this morning as a play that we inserted into our running watchlist back at the beginning of May. On the 6th, we mentioned that the stock could provide us with “potential gains over the next several weeks,” and while it took awhile for things to get moving, that statement still stands.

One of our points of focus was on the ISRG chart were a pair of gap-downs that had transpired in recent weeks, and we’ll still be looking for a break of that first gap to get things started. Presently we’re looking at the Weekly $385-395 Calls for intraday flip opportunities, but if it appears we’re moving to fill the gap, we may need to roll our strike price up.

Provided ISRG does fill in the gap on the chart from roughly $400-415, over the longer-term we could find ourselves looking at The Aug.-Oct. $420-440 Calls.


Solar Wind Energy tower, Inc. SWET

We put SWET on our radar on Friday, and will continue to monitor the stock over the course of the week. The chart is exhibiting signs of ripening, and looks to still be right on the verge of potentially making a nice move, so we want to keep a sharp eye on the activity here as we kick off a new trading week.

The company released some news this morning about a cash infusion they’ve received, and we’re also going to look out for potential updates concerning SWET’s presenting at the NIBA (National Investment Banking Association) conference tomorrow (Tue. 17th).


Extended Watchlist:
FIO, DARA, ACHN, AKS, SQNM, LLNW, SA, ANV

Blue Horseshoe Stocks: ISRG, ANAS & Extended Watchlist

Inuitive Surgical, Inc. ISRG
We’ve got a couple new plays to watch this morning, starting with ISRG, a big-board stock that has us interested in its options chain for potential gains over the next several weeks.

Resistance is sitting at 399.12 (200DMA), a break of which could fill that first gap on the chart. A subsequent break of the 50DMA at 430.27 would mean the likely filling of the second chart gap, which could take it clear to the $480-range.

As a result of current chart conditions, we’re going to radar the June 6th $400 Calls. Those contracts were trading at 3.30 yesterday, and could potentially turn in multi-bag gains provided the stock breaks the areas of resistance we just mentioned. Again, this will be a play that we monitor for an extended time period.


Alternaturals, Inc. ANAS

ANAS popped up on our scanner this morning, and we figured we’d put it on people’s radars in light of several factors. For starters, the news out this morning alludes to forthcoming share reduction efforts by the company, wherein they promise not to use a reverse split as they attempt to clean up the share structure.

The PR goes on to state the company’s intent to move forward, either through an eventual exchange uplisting or potential buyout scenario. Those are interesting claims, and we’ll be anxious to follow this storyline to see if management makes good on those aspirations.

We’re going to be monitoring ANAS as it searches for support, and putting this play on bottom watch. The stock has been under consolidation since a recent run-up, so we’ll be looking to take advantage of any forthcoming bounceplay opportunities.

GRANDVILLE, Mich., May 6, 2014 /PRNewswire via COMTEX/ — Alternaturals, Inc. (OTCPink : ANAS) today announced that it has plans to begin buying back shares in the open market in order to increase shareholder value and position the company as either a favorable acquisition target, or for listing on a reporting market in the future. However, senior management vows not to reverse split the company.The company wants to make sure that the share structure is attractive to larger firms looking for an acquisition, in the event that becomes the best route to take. The company also wants to be ready for listing on a fully reporting market by the end of the year as a longer-term plan. >> FULL PR


Extended Watchlist:
ODP, FST, AKS, LIVE,

Blue Horseshoe Stocks: Pot Stocks Still Trending

Perhaps some of you were wondering why we went out of our way to re-affirm our interest in pot stocks yesterday. Our latest favorite sector provided a quick answer to that, as the uptrends continued for most of these plays. Once again we remind our readers that this up-and-coming market sector is bound to be one of the biggest stories of the year, and so far there’s no end in sight.


Alternative Energy Partners, Inc. AEGY

Our coverage of this medical marijuana stock in yesterday’s newsletter came just in the nick of time. The stock had been heating up in the previous session and did not disappoint, touching a low of .0036 before surging to a high of .0065. That marks an intraday gain of 81% on almost a billion shares traded (Roughly 9x the 3mo. average), and was a strong enough performance to land us atop the Penny Stock Rumble, an honor we’re no strangers to receiving:

The stock looks like it wants to gap up again this morning, so we;ll be watching AEGY diligently today.


Other Winning Cannabis Calls

Along with our reminder to continue paying attention to all marijuana-related stocks yesterday, we included a list of several of the more notable candidates, and of that list most of them saw substantial gains.

EAPH –  Daily Range: .0165-.0243 –  Max Gain: 47%

CBIS – Daily Range: .146-.26 – Max Gain: 78%

MJNA – Daily Range: .3151-.40 – Max Gain: 27%

HEMP – Daily Range: .059-.071 –  Max Gain: 20%

SKTO – Daily Range: .024-.0349 – Max Gain: 45%

ERBB – Daily Range: .012-.0147- Max Gain: 23%

TRTC – Daily Range: .385-.485 – Max Gain: 26%

Those are just a few of the opportunities that were available, as you can see from the following scan of yesterday’s most active OTC stocks. The vast majority were marijuana-related, as the “Green Rush” saw new life breathed into it once again:

Central Wireless, Inc. CWIR

To add a new cannabis play to our spectrum this morning, we are looking at CWIR. We noticed that this stock has been running over the past couple of sessions on greatly increased volume, and is going to be one that we want to follow closely.


Extended Watchlist:
AKS, ARIA, CTIC, CAMT, ADMP, TXMD,