Tag: AQXP

Blue Horseshoe Stocks: FCEL, AQXP Recaps & More

Aquanox Pharmaceuticals, Inc. AQXP

AQXP was among the stocks that we presented in yesterday’s premarket report, as we were catching it a couple of days after some really positive developments were announced by the company. Despite already being up significantly at that point, our instincts to include it in our daily interests proved to be well-founded.

The stock made a monstrous move right out of the starting gate from 17.56-55.75, a walloping 217% initial rip, followed by an extreme pullback. The activity in AQXP was so abnormally volatile that trading was temporarily halted. AQXP stock is presently gapping up in premarket trading as high as 38.74 so far this morning.

Familiar Bottom-Bouncers

Yesterday was an interesting session in that we noticed an unusually high number of stocks with which we are very familiar, making some excellent moves off of their recently-attained low-points.

FuelCell Energy, Inc. FCEL – FCEL had been on a continuous backslide for many weeks. The company released a positive PR (Link Below) and things took off from there, as you can see on the included chart. We’ll be looking for the stock to maintain at least half of the advance it made yesterday on any pullbacks.

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Inovio Pharmaceuticals, Inc. INO

INO also had a big day generated by a PR. The company entered into a partnership with AstraZeneca to provide its cancer treatment in a deal that could reportedly bring as much as $700M in revenue INO’s way. (>>>Get More Details). We are well-acquainted with this stock, having last mentioned it just a couple of weeks ago. We’ll be keen to track the ensuing activity after yesterday’s major revelation, and roughly 30% increase on the day.

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Other stocks that we routinely discuss that also made appreciable moves off of relative lows yesterday were Voltari Corp. VLTC, Dominovas Energy Corp. DNRG, and Ascent Solar Technologies, Inc. ASTI. Those familiar bottom-bouncers were joined by New Source Energy Partners. NSLP, a newcomer to our reports. We’ll be watching the whole lot as the week progresses. Continued gains, as well as possible dip-and-rip scenarios could be in the cards for any and/or all of them!

Fresh Options Ideas

We’ve got a nice selection of new options-trading possibilities to enter into the mix today:

Shake Shack, Inc. SHAK –  Shake Shack beat on earnings  yesterday and is gapping up in the premarket today. As a result we are going to be taking a look at Weekly $72-76 Calls for potential chances at intraday/intraweek flips.

Apple, Inc. AAPL –  We’ve had a lot of success with AAPL Options in both the distant and recent past, and a new, longer-term idea to monitor in coming weeks is going to be the Sept. 18th $120-122 Calls.

Twitter, Inc. TWTR – For a prospective idea in the TWTR chain, we’ll stretch our target period out to that same Sept. 18th expiration, and track the 9/18 TWTR $30-32 Calls.

Blue Horseshoe Stocks: WIZD Update, Options Recap & More

Wizard World, Inc. WIZD

We want to provide an update on WIZD as we kick things off this morning, but first a quick memory-refresh; we called this stock as a bottom-play on Friday, July 31st after noticing it had been beaten back to new 52-wk lows just prior to that. On that day, we observed a low of .33, and WIZD did an excellent job of sustaining a recovery throughout last week, during which we provided multiple updates.

On Friday, the stock attained yet another new high, reaching a PPS of .53, which represents a respectable one-week increase of 61%

The chart continues to exhibit a bullish look, as we’ve pointed out on the following snapshot. Ideally we’d like to see the stock hold support at .48 on any pullbacks, and below that, .45. We’ll have it on steady watch as trading for the week commences.


Options Rundown

To recap a couple options-trading ideas we put forth at the end of last week. We cautioned that they may be subject to volatility, and were correct in that assumption. The result was several chances for prominent gains:

Apple, Inc. AAPL – On Friday we were mentioning our interest in AAPL Weekly $115 Calls, and the trading action that ensued was quite noteworthy. We were witnesses to an initial pop of 207% (.43-1.32), followed up by a pullback to .74, and subsequent spike to its high-of-day at 1.44, good for an added intraday move of 95%  That was followed by several lesser, yet still significant  swings; from .28-.54, .20-.45 and .20-.62.

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First Solar, Inc. FSLR – Similar volatile trading action in the FSLR options we specified occurred on Friday (Weekly FSLR $51-52 Calls.). Several opportunities were there for the taking as those contracts all made healthy primary runs followed by multiple dips-and-rips.

The $51 Calls ran 170% from .63-1.70,  and again from .76-1.10 (+48%). The $51.50 Calls first pop carried them from .34-76 (+124%), and later it registered added swings from .18-37 and then from .05-.19 in last hour of trading. Finally, the $52 Calls took off on a 163% rip from .38-1.00 , and managed an extra move from .24-.60 in the last hour.

Added Notes:

Aquinox Pharmaceuticals, Inc. AQXP is catching our eye off of the scanner; the stock has been on a major tear since the release of positive mid-point data on one of its drug trials, as well as an earning beat late last week.(>>>View PR)

Also on our watchlist to start things off today will be Value Setters, Inc. VSTR.