Tag: ANDR

Blue Horseshoe Stocks: OWCP Recap & More

OWC Pharmaceutical Research Corp. OWCP

Despite seeing an excellent run-up from .0045 to .0074 (+64%) on Thursday as we called OWCP off of its bottom, we mentioned the indicators on the chart that were suggesting that another strong session could be in the cards on Friday.

We turned out to be exactly right, as the stock made a major push for the second straight session. This time it ran from a morning low of .00645 and cracked the penny barrier just prior to the close, hitting a high of .0111. That was a 72% intraday move,and from our observed low from the session prior, a two-day rip equaling 147%

The stock held at an even penny into the close, so we’ll be very interested to see if OWCP can become a multi-day runner and tack on a third straight solid session.

Praetorian Property, Inc. PRRE

We caught PRRE on a routine scan Friday morning after noticing some abnormal activity in the previous session. It was a good catch, because apart from a slow start on the day volume-wise, things really kicked into high gear around lunchtime.

PRRE traded in a daily range from a low of .151 to .38, which represented a fantastic intraday rip of 152%

Lands End, Inc. LE – Fresh Options Idea

After noticing the LE chart giving off a double-bottom signal, in addition to having a chart gap to the upside, and an extreme up-surge in its recent history, we’re interested in tracking a couple of options contracts over the next few weeks.

We’re going to watch closely for a reversal, and monitor the LE 10/21 $12.50 and $15 Calls. All of the chart factors mentioned above are clearly visible on the snapshot below. Regaining even half of the ground the stock has lost in recent sessions would send these contracts on a ride.

Extended Watchlist:
ANDR, AUPH, NVFY, JNS, VVUS, RVUE, QPRC, HWAL(Bottom-Bouncer)

Blue Horseshoe Stocks: WYNN Recap & More

Wynn Resorts, Ltd. WYNN 

We saw an opportunity to jump on some quick-strike WYNN calls yesterday morning,despite the stock already having made a ten-dollar move to the upside since we first began tracking it at the beginning of the month.  The Macau gaming industry is booming, and the positive outlook has related stocks doing so as well.

We targeted the WYNN Weekly $108-110 Calls and regardless of the chosen strike-point from within that range, hefty single-session gains were there for the taking. All three sets of contracts made major moves:

$108 Calls – Range: .55-2.05 – Max Gain: 272%
$109 Calls – Range: .40-1.58 – Max Gain: 295%
$110 Calls – Range: .20-1.10 – Max Gain: 450%

The stock appears to be consolidating slightly in early trading this morning, but we’ll be on the lookout for further activity in these plays provided it holds support above $108 on the dip.

APT Systems, Inc. APTY

We’ve taken notice of APTY this morning, which has built up a nice little head of steam in recent sessions. The latest run has been helped along by yesterday’s PR that the CEO intends to buy shares out of the open market to increase her position, as well as already having what we consider a tight share structure.

Based on those factors, its positioning on the chart, and the volatility which is characteristic of such a subpenny play, we’re going to want to keep an eye peeled for more solid swings to the upside in sessions to come.

Misonix, Inc. MSON

We’re also looking at MSON this morning, which we like for the setup of the chart. As you can see on the snapshot below,  a major selloff occurred yesterday, and the stock is making its way down to a previous level of support, which we’ve pointed out.

We’ll be looking for it maintain above that $5-level, and some subsequent bounce action. At present the stock is screaming toward heavily oversold territory, so it’ll be interesting to see how it unfolds from here, all things considered.

Extended Watchlist:
NAVB, CPRX, CAR, GLRI, XLIT, COSI, ANDR