Tag: BFGC

LULU Success, Fresh Options Plays

Lululemon Athletica Inc. LULU

Yesterday morning, we hashed out some options ideas, among which were the LULU Weekly $340-335 Puts. The company’s year-over-year quarterly figures came back low, as is to be expected with many retailers during the pandemic.

The lackluster earnings drop provided our bearish ideas with some intraday firepower that was as follows:

LULU Weekly $340-335 Puts 
$340: 12.02-25.55 (+93%)
$337.50: 10.95-22.37 (+105%)
$335: 9.26-21.40 (+118%)
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Fresh Options Ideas: 
RH Weekly $360-380 Calls
SPY Calls $340-341 Calls 

Basanite Inc. BASA 

On Tuesday morning, we signaled BASA for observation, keeping it on yesterday’s extended watchlist as well. Over those couple of sessions, the stock has made a very nice move from Tuesday’s low of .6147 to yesterday;s high of 1.12.

That works out to an intraweek wing of 82% and we will continue to keep an eye on this runner for the possibility of further advances.

Extended Watchlist:
VNUE, BFGC, VYON, WHEN, KNRLF

Blue Horseshoe Stocks: Friday’s Movers, New Ideas & More

Friday’s Notable Moves

Each of the following plays exhibited appreciable upswings on Friday afternoon after having appeared in our reports for the day and days prior. We’ll have each of these stocks on watch for the possibility of continued momentum this morning:

Nate’s Food Co. NHMD

NHMD covered the most ground as it traded in a range from .0019-.0035 on Friday, running 84% intraday and closing at the high of day on volume to the tune of well over five times its 3-month average. We’ll certainly have an eye out for further activity as we open things up on this holiday-shortened trading week.

Guided Therapeutics, Inc. GTHP

We latched onto GTHP early last week and would see a nice little two-day run from the stock to finish it out. Our observed low came on Thursday at .0102, which gave way to a subsequent high of .015 on Friday, marking an overnight increase of 47%

Sparta Commercial Services, Inc. SRCO

SRCO was a steady climber on Friday which traversed its way from .0025 to .0031 over the course of the day, which represents a modest yet notable 24% rise. It too qualifies for sustained monitoring as a possible momentum play, having closed at its high mark for the session.

ProGreen Properties, Inc. PGEI 

We want to put PGEI on our radars this morning as well, not only for the momentous session it had on Friday, but also due to the content of the PR released by the company early this morning.

Following up from a release they put out in January, the company announced the completion of a joint venture agreement that puts them on track to develop a 300-acre property of proposed farmland in Baja California, Mexico in time for this year’s growing season. We’ll be interested to follow along for further updates on that project as well as watch the chart for short-term opportunities.

SPDR S&P 500 ETF (SPY) – Options Idea

On Friday the markets enjoyed the biggest single-session rally since 2009. With oil rebounding as well, and the S&P having demonstrated a definitive reversal over the past couple of sessions, we’ll want to start the week off  monitoring some SPY Options. Our target area is going to be the SPY Weekly $188-191 Calls.

Extended Watchlist:
SMFG, PGH, ETE, CSIQ, RMTI, BFGC, GBSN, XBIO,

Blue Horseshoe Stocks: FXCM Update & More


FXCM, Inc.  FXCM

We zeroed in on FXCM last Thursday morning and witnessed a big 41% run from 2.49-3.51. Following a pullback off of that high, the stock came down to rebound off of the 2.64-level on Friday, where we witnessed another 17% spike.

To start off the week FXCM continued to bounce yesterday, pulling back to 2.28, just below our initial alert price, and running back to 2.69, for an added gain of 18%

We’ll be on the lookout for any further opportunities provided by FXCM in the event that it continues to register ample swing-action such as what we’ve seen over the past few sessions.

Lentuo International, Inc.  LAS

LAS is hitting our scanner this morning as a potential bottom-bouncer. The stock has come down to rebound off of the

Last week, it was announced that the CEO and Chairman would be purchasing upwards of $1M worth of LAS stock on the open market inside of the next month, a good indicator of the executives’ long term outlook for the company.

We could be discovering this play at an opportune moment, coupling the recent PR with the stock’s current positioning on chart; we will make it a definite point of focus for us in coming sessions.

BEIJING, Jan. 22, 2015 /PRNewswire/ — Lentuo International Inc. (LAS) (“Lentuo” or “the Company”), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that members of its senior management team…will use their personal funds to purchase the Company’s American Depositary Shares on the open market for an aggregate amount up to a maximum of US$1.0 million >>FULL PR

AK Steel Holding Corp. AKS

We want to tag AKS this morning as another stock that is coming up off of a recently realized 52-week low. We’ve had plenty of good fortune come to us by way of this type of play in recent weeks, so we’ll want to devote a good bit of our attention to this stock as we head into mid-week.

The stock has traded as high as $10 as recently as September, and with a number of ripening indicators on the chart as shown below, AKS could be in store for some significant gains.

Extended Watchlist:
BFGC, JAMN, VUZI, SFEF

IWEB, BCRX & Extended Watchlist

IceWEB, Inc. IWEB

We’re still focusing on IWEB after it turned in another solid session yesterday. The stock managed to close at .033, holding most of the gains from the most recently observed spike on slightly greater-than-average volume.

Maintaining support at that level was an important step in getting past current resistance at .0355, which as we mentioned in yesterday’s report, will allow the stock some breathing room and hopefully kickstart the next significant move on the chart.

In addition to a continuation of recent trends on the chart, we’ll be on the lookout for the effects of both the start of another round of shareholder awareness, and some new press out this morning.

Before we take a look at today’s press release, which outlines two of IceWEB’s new clients, we’ve uploaded a video presentation of the IWEB chart for your convenience:


Today’s News:

STERLING, Va., Jul 24, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation (OTC BB:IWEB), an award-winning Unified Data Storage appliance provider for cloud and virtual environments, as well as the highly secure, scalable IceBOX BYOD (Bring Your Own Device) Private Digital Cloud Collaboration Platform, announced today that two additional K-12 school systems have ordered new IceBOX BYOD implementations, further cementing the Company’s growing presence in the education sector.

CEO Rob Howe: “We are seeing an increasing interest from Colleges and Universities, as well as K-12 School Systems across the country as we approach the new fall school year. These two organizations are particularly interested in ensuring that their secure and sensitive data is not being stored in public cloud platforms, which increases the risk of compromising the integrity of their data. IceBOX provides a secure, cost-effective way for them to do that,” >>> VIEW FULL STORY

 

BioCryst Pharmaceuticals, Inc. BCRX

BCRX enabled us to register gains for the second consecutive day after appearing yesterday’s morning report. Following early-morning low of 3.29, the stock rose fairly steadily over the course of the day to eventually cap off a 43% intraday run at it’s high of 4.72.

BCRX traded nearly 13X its 3mo. average volume, and held the majority of the day’s gains into the close, thus we will want to monitor the stock today for a continuation of that impressive momentum.

From the low following our initial call (2.83) on BCRX which came in Monday morning’s report, yesterday’s 4.72 high represented a possible gain of 67%

Extended Watchlist:
HRAL, BRND, BFGC, INO, CLNT, BBVA,

BFGC, LWSP Updates & Extended Watchlist

Bullfrog Gold Corp. BFGC

BFGC followed our morning alert and first ever mention of the stock with a good performance yesterday, holding support at the 200DMA  of .43. From that low we then observed a high of .49, a modest, yet quick gain of 14% on more than twice the average volume.

Moving forward, we are looking for BFGC to continue to hold support off of the 200DMA, and break this week’s prior resistance at .51. Beyond that, past resistance points crop up at .65 and .85, and a return to those levels from current prices would obviously spell substantial gains.

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Legacy Wine & Spirits International Ltd. LWSP

We watched as LWSP had a pullback yesterday morning touching a low of .004, before finishing the day strong with a high of .015, marking single session gains upwards of 275% Considering yesterday was the first time we ever focused on LWSP in a featured article, we’d call that great, if not perfect timing!

Momentum and volume were at all-time highs for this stock yesterday, trading almost 6.5X its 3mo. average volume, so we’d be foolish not to continue to monitor this one closely.

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Yesterday morning we also highlighted our interest in APPL & SPY Calls

AAPL and SPY Calls were another two points of focus for us on Thursday, as the pattern of success we established with the aforementioned stocks spilled over into options trading as well.

The SPY 147.50 call traded as low as the .40’s on up to 1.09 for intra-day gains of over 100%

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The APPL 505.00 call saw a dip to the $3.00 range before shooting up over 70% into the $5.00’s.

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Extended Watchlist:
PATH, RFNS, BTHR, AAPT

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