Blue Horseshoe Stocks: PLKD Update, WTW & More

Weight Watchers International, Inc. WTW

The hype-fueled wave of buying pressure connected to Oprah Winfrey’s announced investment in WTW continued to push the stock higher yesterday. We began on Monday by commenting that this would be one of the major stories of the week, and it has certainly turned out that way.

Though we’ve been focused on several different plays in the WTW options chain, the move we’ve observed in just a couple of sessions from the stock itself has been rather impressive as well. From Monday’s low of 10.76, we’ve witnessed a two-session increase amounting to 78% as of yesterday’s high of 19.15.  After pulling back slightly the stock once again pushed past the $19-mark in premarket trading today.

As to the sustainability of this big run, we have to keep in mind that nothing has changed materially for Weight Watchers, which remains deeply in debt. As we said, the upward pressure is being caused simply due to the perceived value of Oprah’s name and inclusion on the board. We’ll continue to take advantage of the momentum while it’s still possible, but take it under advisement, that at some point this hysterical buying will give way to a substantial selloff as traders actualize their recent substantial gains. On the other side of that eventuality, we’ll also be ready and waiting to formulate some related bounce-play ideas.


MaxSound Corp. MAXD

We included MAXD on yesterday’s extended watchlist, and the stock did come through with a fair opportunity to bank a significant profit with the intraday increase it managed. We observed a daily low of .0275, which gave way to a subsequent high of .0372. That registered as a solid 35% upswing, and occurred on a fair amount of volume to the tune of more than thrice the 3-month average.

The look of the chart still appears bullish, with the RSI about to breach into the powerzone and the MACD showing upward divergence. The next areas of resistance beyond the 200DMA of .041 are sitting at .045 and .055. Yesterday marked the third consecutive session that MAXD posted higher highs and higher lows, qualifying it for momentum play status. Provided it continues to follow that pattern, we’ll remain interested in this play.


Peasant Kids, Inc. PLKD

We also want to pat ourselves on the back for our notion on PLKD a week ago today. We noted that we’d be interested in the stock if it could maintain support above its 200DMA of .0599 on a consolidation from the previous day’s run, and not only did it hold at .06 that day, but it has been on a continuous run since then. It culminated in a high of .14 yesterday, marking a five session swing of 133%

We’ll continue to stay hot on its trail following this morning’s announcement of a substantial share reduction:

MIAMI, Florida, October 21, 2015 /PRNewswire/ — Pleasant Kids, Inc. (PLKD) today announced that the Board of Directors has authorized a reduction in the amount of shares authorized by the company from 9,500,000,000 to 360,000,000 by filing a Certificate of Amendment with the State of Florida. >> VIEW PR


Extended Watchlist:
BIEL, GDSI, VAPE, PXYN,
DRNK, BYSD(Super-Subpenny Bottom-Watchers)

Blue Horseshoe Stocks: BIEL Recap, VAPE & More

BioElectronics Corp. BIEL

BIEL was a big winner among the stocks that we were monitoring following yesterday morning’s report. The stock traded in a range from .001-.0025, registering as an excellent 150% intraday move. It occurred on the highest daily volume recorded in more than 8 months, to the tune of nearly 11X its monthly average.

After seeing that kind of momentum building up, we’re curious as to how the action will unfold. If BIEL can maintain support above previous resistance at .0016 on any pullbacks, we’ll continue to reserve a spot for it on our watchlist.


Vape Holdings, Inc. VAPE

VAPE has turned out to be an excellent bottom-bounce call for us. After re-highlighting it in yesterday’s report we saw a nice 31% intraday pop from .052-.068, which also registered a new high since we’ve been following the stock.

We first brought this one up in our reports just over a week ago when we put it on bottom-watch, and last Tuesday it set a new annual low of .021. From that point on it has recorded higher highs and higher lows each day. As of yesterday’s new high, we had witnessed a one week swing of 224%


PharmaRoth Labs, Inc. ROTH

We also want to quickly point out a stock that we’ve been tracking recently which has produced a positive news announcement this morning with regard to its Type-II diabetes treatment, Sucanon(R). ROTH has been largely trading sideways since we tagged it for observation at the end of last week, but we’re going to want to keep a closer watch over the stock on the heels of this morning’s PR.

LAS VEGAS, NV–(Marketwired – Oct 13, 2015) – PharmaRoth Labs, Inc. (OTC PINK: ROTH), the exclusive producer, marketer & distributor of Sucanon®, an oral Type-II Diabetes treatment, announced today that Sucanon® has been approved for over the counter sales in Canada as a natural health product. The approval comes through Health Canada, the regulating health-care agency of Canada. >>FULL PR


Extended Watchlist:
PENC, CCTC, PLKD, EGYH, NNRX

Blue Horseshoe Stocks: Options Recap, ABHI & More

SPY Options Recap

To close out the week on Friday, we floated a set of options ideas for the SPY, noting our immense success doing the same in the prior week. We decided to track the SPY Weekly $199.50-203 Calls.and a couple of the contracts within that range produced multiple intraday swings, giving sharp traders the chance at some tidy profits.

The $201 Calls first traded from .65-1.08 (+66%), and followed that up with subsequent swings from .45-1.05 (+133%) and .14-56 (+300%).

The $201.50‘s were the other set of contracts with the most notable moves. After an initial rip of 79% from .38-.68, there came a dip-and-rip from .24-.68 (183%) followed by a third, from .04-.16 (+300%).


AmbiCom Holdings, Inc. ABHI

Placing ABHI on our extended watchlist on Friday turned out to be a great call. It was the first time we had ever mentioned the stock, which just so happened to be showing signs of life coming off of a recent 52-week low; just the type of play for which we’re constantly searching.

The reason for that was on full display as ABHI dipped back to a low of .0102 before registering a HOD of .015. That was good for an intraday swing of 47%


Homeland Resources, Ltd. HMLA

We began tracking HMLA on Thursday and witnessed a healthy 59% pop from a low of .00189 to .003 which, of course, we mentioned in Friday morning’s report.

On Friday we were treated to an even more impressive spike from the stock, as it extended its highs much further inside of the first 35 minutes of trading. It dipped back only slightly to .0022 and proceeded to shoot like a rocket to a high of .0044. That marked an intraday run of 83% and a two-session swing of 133% over our observed low on Thursday.


Esperion Therapeutics, Inc. ESPR

ESPR is a stock we’ve been familiar with in the past, and for the multiple reasons we’ve pointed out on the following chart snapshot, we’re going to submit some options-trading ideas to correspond with the setup.

We want to radar contracts in the range of ESPR Weekly $26-31 Calls. The stock is gapping up over 15% this morning, partially filling that gap on the chart. It has traded as high as $30 in the premarket.


Extended Watchlist:
BIEL, VAPE, CBMJ, ZAZA, FRFS