Tag: ANTH

Blue Horseshoe Stocks: MNKD, ANGI & Extended Watchlist

MannKind Corp. MNKD
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In putting MNKD on bottom-watch in Friday’s Report, we gave folks the chance to catch this play at a subsequent low of 3.85 on Monday.

We were then hit with the news concerning recommendation from an FDA advisory panel to green-light one of the company’s drugs, after hours on Monday which led to a significant gap-up yesterday.

It appears as if the stock will gap up for the second consecutive session today. In pre-market trading thus far, MNKD has pushed into the 7.30’s. From the low we saw just a couple of days ago to this morning’s high (7.33), represents an overall increase of 90%

Angie’s List, Inc. ANGI

Speaking of recovery plays, ANGI is coming off of a recent bottom, and the resurgence of the share price is opening up some avenues of opportunity with regard to the options chain.

Currently on our radar are the 05/17 $15 Calls, which closed at .65 yesterday, and the 04/19 $12.50 Calls, which last traded at 1.03.

A quick look at the 6-month ANGI chart reveals a stock with the ability to make big swings. We can see that from December through January it ran from the $12-range to the $19-range with ferocity. It would appear as if we are catching it at the beginning of another swing. The RSI is rising sharply, and we’ve got a confirmed uptrend off of that bottom with higher lows and higher highs having been achieved over the past three sessions.

The potential for gains, not only with the options, but also on the stock side of things, is something that we’ll be looking for as we track ANGI during its recovery.

Extended Watchlist:
GLGT, TFER, AMRS, RGDX, ANTH,

VHGI, MDIN, SUNB, IDVC & Extended Watchlist

VHGI Holdings, Inc. VHGI

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Northstar Global Business Services, Inc. MDIN

After featuring in yesterday morning’s report, VHGI and MDIN both continued their runs from last week on Monday. With MDIN logging a 189% gain from Thursday’s low (.0037 ) to a high of .0107,
and VHGI touching .048, marking a 380% move from Friday’s low of a penny to yesterday’s high of .048, we were extremely pleased with the performance on each of these stocks.
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Sunbelt International Corp. SUNB

Another nice gain off of yesterdays newsletter was SUNB which appeared on both Friday’s and yesterday’s extended watchlist. From the .015 low on Friday to yesterday’s high of .025, a gain of 67%

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Infrastructure Developments Corp. IDVC

Another extended watchlist mover, IDVC ran from .001 to .008 before pulling back to .0015. Out of all the stocks recently mentioned in our newsletters, IDVC strikes us with the most intrigue. The chart is primed up, with the RSI just having punched through the power zone. The PPS just broke through the 20, 50 & 100DMA’s while spending a portion of yesterday’s trading session above the 200DMA. The PPO and Slow STO have both just crossed and passed up through the 50DMA, and the blue bars on the histogram are cranking up to the bullish side. There has also been a significant increase in volume over the past few days, All in all, the ripe setup on IDVC leads us to place this stock near the top of our watchlists heading into mid-week.
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Green Innovations Ltd. GNIN

GNIN is another stock that will be on our watchlist today, after we featured it in a short video chart published last night. We’d recommend everyone head over and get subscribed to our youtube channel (http://youtube.com/bluehorseshoestocks) so you can stay up to date on all of our video publications.

Some of the things we are looking for out of GNIN moving forward- We’d like to see the .89 level (50DMA) hold as support, and have the stock climb back above the 20DMA at 1.22.

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Extended Watchlist:
ANTH, ACUR, ACRX, ABIO, BBDA, ENTB, BTHR