Blue Horseshoe Stocks: OMER Review & More

Omeros Corp. OMER

We had a nice intraday mover in OMER yesterday after we caught the stock gapping up in early trading. Tagging it for observation in our premarket report was definitely a good move as the stock ran straight out of the gate from a low 22.51, and reached as high as 30.21 shortly after 11AM.

That’s an intraday increase of 34% which, for a stock in this price range, is quite impressive. If any of our readers were able to take advantage of the stock’s exceptional daily performance following our alert, we salute you!


Tesla Motors, Inc. TSLA – Options Update

We reminded our subscribers yesterday of the options idea we formulated on Monday for TSLA Weekly $250-265 Calls,  highlighting some of the early gains we saw out of contracts in the low end of the range. We also reiterated our interest in tracking the action in that range consistently over the course of the week.

It was a good thing that we did, because TSLA responded in kind, surging past the $260-mark toward the end of the session. As expected, that move was accompanied by some heavy activity within our specified range. Here’s a breakdown of some of the top profit possibilities:

$260 Calls – Range: 1.60-4.20 – Max Gain: 163%
$262.50 Calls – Range: 1.09-2.94 – Max Gain: 170%
$265 Calls – Range: .69-1.97 – Max Gain: 186%


Ascent Solar Technologies, Inc. ASTI – Bottom Watch

We’ve taken notice of ASTI this midweek as the stock has been on an absolute backslide for an extended period. One peek at the following snapshot reveals a heavily oversold chart. We’re going to put ASTI on bottom-watch, because when a rebound does occur, it could be very significant.

Cannabis Science, Inc CBIS

It’s been quite a long time since we checked in with CBIS. We’re making note of the stock this morning on the heels of a big PR yesterday with sent it into overdrive. We’ll be on the lookout for a possible continuation of momentum into today’s session.


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.

___

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.

___

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: PBMD Recap, ASTI News & More

Prima BioMed, Ltd. PBMD

PBMD stood out among yesterday’s fresh news plays with a solid performance on the day. It was helped along by the announcement that the European Medicines Agency had given positive Scientific Advice with regard to the development path for its metastatic breast cancer treatment.

We observed as the stock traded in a daily range from 1.42 to 1.78, representing a respectable 25% intraday swing, and it did so on the strength of nearly 3.5X its 3-month average volume.

Looking at some of the still-bullish features PBMD chart, we’re going to stay open to the possibility of seeing further upswings in the near future:


American Green, Inc. ERBB

We highlighted ERBB on Friday as a potential bottom-watch candidate, and the stock has responded with a nice move so far this week. It was trading at a low of .0039 to start things off on Monday, and yesterday we watched as it reached a .0049 high; a two-day swing of 26%

The company just completed an important step in their current business plan which was reported in a PR yesterday (link below). It was in reference to the partnership ERBB has formed to construct a legal marijuana grow operation in Colorado, which will purportedly focus solely upon the propagation of “CBD-rich cannabis strains”. It’s a story we’ll continue to follow as more details become available.


Ascent Solar Technologies, Inc. ASTI

We’re also still on alert with regard to an inclusion in Monday’s premarket report; ASTI has been making its way toward a bottom for the past few months. Yesterday we observed a low .451 toward the end of the session, and it appears that will be marked down as the the rebound point as the stock is gapping up heavily in early trading today with the help of a very positive PR.

As of this morning’s premarket high of .80 we’ve already seen a 77% swing in less than 24 hours. We’ll keep a close watch on ASTI today as this morning’s news of its 233% quarter-over-quarter revenue increase filters down and reaches more sets of eyes.


Extended Watchlist:
BTU, IPDN, UWTI, OCLS, GBSN, AMDA, CNXS(>Interesting PR)