Tag: BDSI

Blue Horseshoe Stocks: ANY Review & More

Sphere 3D Corp. ANY

We’ve often said in the past that it’s better to be early to the party than late, and ANY is a perfect example of why. We tagged this play on Wednesday after noticing some unusual activity the previous day, and things didn’t really kick off right away. We observed a low of .15 during that session.

Yesterday is when things really moved into high gear, with the stock having an excellent day, trading in a range from .1941 on up to .29 for a 49% rip, and we’ll definitely want to keep tracking the activity into today, as the premarket high has equaled yesterday’s daily high.

From the low of .15 that we saw on Wednesday, ANY’s total upswing thus far has amounted to 93% Quite a respectable two-day jump.

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Vivint Solar VSLR Recap – Speaking of solid movers, we also wanted to quickly update the total observed range we’ve seen on VSLR, which reached a new high of 5.50 yesterday. From our witnessed low of 2.75 following our report on the morning of May 18th, that comes out to a nice, round 100%

AVEO Pharmaceuticals, Inc. AVEO

We want to radar AVEO in the wake of the announcement that its advanced renal cell carcinoma treatment has been recommended for EU approval by a scientific committee of the European Medicines Agency. The stock has gapped up into Blue Skies this morning as a result, with a new 52-week high of 1.28.

Concerning the chart itself, the 50DMA is rising toward the 200DMA and it appears as if a Golden Cross is imminent.  We’ll want to see AVEO hold at or above recent resistance at .89 on any dips in order to hold our interest.

Bed Bath and Beyond, Inc. BBBY – Options Idea

We’re bearish on BBBY following the company’s post-market earning miss yesterday, which has caused a breach of trend-line support to the low side. We’ll be observing the BBBY Weekly $31.50-30.50 Puts* for possible day trade opportunities.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every time. Trading weekly options at the end of the week is a hugely risky proposition that should never be attempted unless you are an expert trader! 

Extended Watchlist:
DTII, IDRA, TROV, AKS, FALC, BDSI, MARA

Blue Horsesehoe Stocks: New Highs on DCTH & More

Delcath Systems, Inc. DCTH

We brought DCTH back into the fold in yesterday morning’s premarket report, and it wasn’t a moment too soon. We mentioned our prior alert on the stock from last Monday. after which we would see a low of .0413 and subsequent run to a dime leading into yesterday’s session.

Then things really kicked into motion, with DCTH ripping its way from a daily low of .1037 all the way up to a whopping thirty cents! That worked out to an intraday bull run of 189% and extended our overall observed range from last Tuesday’s low to a mammoth 626%

That range has been extended even further to 745% in the premarket this morning as DCTH has hit a new high of .349. Unsurprisingly, volume over this period of huge gains has also been extremely heavy. We’ll continue to monitor DCTH in the hopes that it can sustain this fantastic multi-day run.


Vivint Solar, Inc. VSLR

In addition to including a remind tag on VSLR in yesterday’s report, we initially alerted this play on May 18th, and it’s been nothing but smooth sailing since then, en route to some pretty nice gains.

On the morning of the 18th VSLR touched a low of 2.75 and it never looked back. Yesterday, it managed a new high of 5.30, which represents a move of 93% over the course of roughly a month’s time. The sudden extra boost it received this week coul be due, in part, to a Goldman Sachs upgrade from Neutral to Buy on the stock and the raising of the price target to $6.

Adobe Systems Inc. ADBE – Options Idea

Adobe had its Q2 earnings call yesterday post-market, and blew expectations on the Street out of the water. As a result the stock is gapping up considerably this morning in the premarket, and we’d like to have an options idea ready and waiting to take advantage of the commotion.

We’ll radar the ABDE 06/30 $147 & $148 Calls and track them over the remainder of this week and possibly into the next.

Extended Watchlist:
ANY, AMD, BIOC, BDSI, DRAM, ITUB, MBRX

Blue Horseshoe Stocks: MTBC Recap & More

Medical Transcription Billing Corp. MTBC

We caught wind of a potential opportunity in MTBC yesterday morning on a routine scan, and we included it in our extended wathclist for the day. We’re glad that we did, because it turned out to be our top performer for the session!

From a low of 1.43 MTBC shot to a high of 2.87 for an early intraday rip of 101% The stock traded massive volume to the tune of fourteen times the monthly average, while holding the vast majority of its daily gain into the close at 2.40. Based on those factors, we’re very interested to continue tracking MTBC over the course of the next few sessions.

While it does appear overbought at the moment, having been in a bullish pattern for a week now, the stock is currently in blue skies, so there’s no telling where this run might end. One thing’s for sure, when it does begin to pull back off of these impressive new highs, we’ll be waiting in the wings for a subsequent dip-and-rip.

Ocwen Financial Corp. OCN

Yesterday morning we pointed out that OCN was looking massively oversold after falling off a cliff a couple of weeks ago. We also alluded to the fact that it was gapping up significantly in the premarket.

Our vigilance paid off instantly as the stock quickly turned into the bottom bouncer we had it figured for, running 30% intraday from 2.60 to 3.38 on roughly six times the 30-day average. Even if it just returned to its 200DMA, it would spell further gains of 38% so we’ll continue to keep an eye on OCN.


NXT-ID, INc. NXTD

Speaking of bottom-plays, we’re taking notice of NXTD this morning as the stock is gapping up past its current 50DMA of 1.86 in the premarket.

Prior to today it had already begun to bear the look of a stock that was ripening for a rebound, and we’re going to want to pay close attention to its progress in sessions to come looking for the recording of higher highs and higher lows.

Extended Watchlist:
BLDV, IAC, REXX, CHGG, MOC, BDSI, GSL