ATHX | Blue Horseshoe Stocks

Blue Horseshoe Stocks: Celebrating 6 Years!

Happy Anniversary to Us!

First thing’s first- today marks the SIX YEAR anniversary of when we launched BlueHorseshoeStocks.com, our home on the web, and place to store and make available every single newsletter we’ve ever sent out during that time! We’ve unfailingly brought ideas to the table every trading day since then and want to take this opportunity to thank all of our readers who we value so much. From the most loyal who have been with us from the beginning, to every single person we picked up along the way. Cheers to all!

GoPro, Inc. GPRO

We put a set of options on watch for GPRO on Friday morning, and the potential single session gains that were there for the taking ranged from very good to downright fantastic!

Our highlighted range was the GPRO Weekly $9-10 Calls, and the intraday move that the stock itself made from a low of 9.31 up as high as 10.38, facilitated the following gain opportunities:

$9 Calls – Range: .34-1.35 – Max Gain: 297%
$9.50 Calls – Range:.13-.84 – Max Gain: 546%
$10 Calls – Range:.01-.40 – Max Gain: 3900%

As you can see, the chances for profits were exponentially greater, the higher the strike price chosen, but all around the idea turned out to be solid no matter what.

Eros International, plc EROS

We want to place EROS on watch as a possible bottom-bounce play this morning, after noticing a couple of different factors at work. The stock spent the past several sessions getting pummeled down to new 52-week lows, which in itself would be enough to catch our attention.

This morning we’re seeing a notable gap-up in the premarket, on the news that the Indian film company has entered preliminary talks with Apple to sell its entire content library. (>>View PR)

The stock was recently trading in the $14 range, and a return to that level does not seem out of the question, so we want to keep an eye on EROS as we kick off a new trading week.
.

Extended Watchlist:
IIVI, AKS, XXII, CRNT, CLNT, ATHX, CYCC, XNET

Blue Horsesehoe Stocks: DLTR, MMEX Recaps & More

Dollar Tree, Inc. DLTR – Options Update

We’ve got updates on our DLTR options idea for send morning in a row today. Just to recap for those who may have missed it, we formulated an idea for last Wednesday‘s premarket report, the DLTR 04/21 $78-80 Calls.

With a very nice multi-day bullish run for DLTR in effect and continuing yesterday brought the stock to new highs once again, which means updates to our observed ranges on these contracts that we began tracking last week.

$78 Calls – Range: .51-2.22 – Max Gain: 335%
$78.50 Calls – Range: .63-2.05 – Max Gain: 225%
$79 Calls – Range: .48-1.95 – Max Gain: 198%
$79.50 Calls – Range: .35-1.69- Max Gain: 383%
$80 Calls – Range: .30-1.40 – Max Gain: 367%

DLTR has now traded up from the $74 area, to nearly $80 over that spanm and in the event it breaks that $80 barrier, we would have to look at rolling up our strike prices to stay in the thick of things.

MMEX Resources Corp. MMEX

We saw a fantastic intraday run out of MMEX yesterday after once again tagging it in our premarket report. It included a continual climb throughout the session as the stock traded up from a low of .0081 first thing in the morning, to a high of .0169 just prior to the closing bell. That works out to a daily pop of 108%

Considering we alerted MMEX in last Friday morning’s report, and observed a low of .0046 at the time, we’ve now seen an overall increase of 267% from this play in just five trading days,

Athersys, Inc. ATHX

We want to swing back around for a quick mention of ATHX, which was a stock we put on our radars back in February. We would observe a low of 1.10 last month, but for the most part, ATHX just did a lot of sideways trading for the next few weeks.

All that finally began to change this week, with a run to a new high of 2.01 yesterday, marking a 83% rise off of our observed low. We may need to watch for a pullback before jumping back in for another run as the stock is now is extremely overbought territory.

Added Notes:

We want to pay attention to a couple of stocks we’ve come across in the $3-range, that based on a number of factors, appear to be ripening for rebounds that could very well take each one to the $5 level or higher.

Leju Holdings, Ltd. LEJU – This stock has been trying to get up off of its recent relative lows, and this morning appears to be gapping nominally. We’ll be watching for a more sustained rebound.

Cyclacel Pharmaceuticals, Inc. CYCC – We’ve identified a strong double-bottom signal from CYCC as well, along with the clear potential for volatility. This one’s going to go on our running watchlist as well.

Extended Watchlist:
USRM, SFOR, ICNB, JAGX, BBRY, GALT

Blue Horseshoe Stocks: VDRM, ABVG & More

ViaDerma, Inc. VDRM

VDRM was the first of a pair of plays from yesterday morning’s extended watchlist. The stock enjoyed a gradually increased PPS over the course of the entire session, and ran into the closing bell with strength.

VDRM’s daily trading range was from .0145 to .03, which works out to an intraday pop of 107% The double-bag move came on well over twice the 3-month average volume, and as stated above, VDRM ran into the close, so we’re going to be maintaining our watch over the stock for the time being, looking for it to record higher lows and higher highs once again.

Affinity Beverage Group, Inc. ABVG

The other item of interest from yesterday’s premarket watchlist was ABVG, which also commanded a fantastic performance which led to a doubling in PPS.

ABVG ran a cool 100% from its super-subpenny low of .0007 right up to a subpenny high of .0014. Like the aforementioned play, it closed very near to its high-of-day, and did so on immense volume. To be exact, ABVG traded 13 times as many shares as its 3-month average, so we will also have room on our watchscreens for this one in sessions ahead.

Michael Kors Holdings Ltd. KORS – Options Idea

With KORS disappointing on Q3 revenue, as well as issuing shaky guidance, the stock is taking a hit in early trading here in the premarket.

Accordingly, we are going to want to signal a range of bearish options to monitor in the event that an even more precipitous decline is in the cards. We’ll be watching the KORS Weekly $39-36 Puts closely, and choosing our specific strike point/s based upon how the activity unfolds once these earnings revelations are traded upon during regular hours.

Extended Watchlist:
BIEL, TPNI, PULM, ATHX, MYOS, AVXL,