Blue Horseshoe Stocks: PIRS Review & More

Pieris Pharmaceuticals Inc. PIRS – Review

Of all the types of plays we search for, bottom watch plays can require the most amount of patience as compared to other quick-strike ideas that we formulate. We highlighted PIRS as such back in mid-February, and over the past quarter, the stock has produced some very favorable results in two distinct runs.

When we initially signaled our interest in this stock, or shortly thereafter, it was trading for as little as 2.83 and over the course of the next two months, it gradually made its way to 4.00 (+41%). After a pullback down near its original level at 2.81 halfway through last month, the stock has begun to run once again. This time it has reached all new highs, with the stock changing hands for as much as 4.68/share on Friday. That second push allowed us to see an overall increase of 67%

We wouldn’t be at all surprised to have to come back to PIRS once again in the near future. In addition to the company’s joint clinical venture with pharma super giant AstraZeneca, the stock itself has recently received analyst upgrades that could just be the beginning of PIRS’s next leg-up.


Xalles Holdings, Inc. XALL

We are also looking at the incredible momentum recently built up by XALL, which has been assisted by the resurgence of Bitcoin here in 2019, which began in January in the mid-$3000 range, and has persisted to the present time to the current highs near $8700.

The company also recently decreased its public float by around 50%, making it that much easier for the stock to move. We’ll be interested to continue to monitor its progress, especially if the latest Bitcoin boom continues to persist as it has in recent months.


Extended Watchlist:
DRRX, CBLK, BLNK, CTRV, MOSY, SNSS, NVCN, ATVI, LAHO(>>News Alert)

Blue Horseshoe Stocks: WMT Options & More

Walmart, Inc. WMT – Options Idea

Walmart was already building a nice head of steam on the chart in the weeks leading up to this morning’s earnings release. Things have kicked up a notch this morning as Walmart recorded a resounding across-the-board beat, including an online sales increase of 33%

Given that we are always looking out for opportunities to trade options on the heels of a solid earnings beat, we are going to slate some Walmart calls for observation this morning.

We’ll be tracking the WMT Weekly $86.50-88.50 Calls after what we expect should be a dip-and-rip scenario.


Altimmune, Inc. ALT

We would also like to make mention of ALT this morning, after taking notice of the significant pickup in both price action and volatility yesterday.

That was preceded by a lengthy consolidation period as you can see on the snapshot below, and at the present time, the stock is beginning to come off of being oversold. We’ll watch this one for a potential recovery play in upcoming sessions.


Extended Watchlist:
BDSI, BIOC, BLNK, IMMU, FRED, NOG

Blue Horseshoe Stocks: Recent Winners


Recapping Recent Hot Picks

First thing’s first- we would like to include a quick update on two of the stocks to appear in our report yesterday, in which we had already witnessed very nice gains.  Both stock pressed to new highs during yesterday’s session, so we wanted to update readers on their continued success.

Tandem Diabetes Corp. TNDM  –  We called TNDM initially on April 11th, whereupon we observed a low of 6.62.  Yesterday the stock rose another 12% intraday, running from 10.75 to 12.05. That new high represents an 82% jump since our first alert, just over a month ago.

Stein Mart, Inc. SMRT – Also appearing in yesterday’s report for having put up impressive figures following our March 16th alert and subsequent observed low of 1.33, was SMRT. The stock reached a notable new high of 3.94. marking a two-month uptrend amounting to 196%



Arcadia Biosciences, Inc. RKDA

To come back to yet another great call we made last Tuesday (05/08), we’ve got RKDA. A couple of sessions following that first call, the stock would register a low of 7.31, and this week, we’re seeing the stock reaching new heights.

Yesterday it hit 12.25, which marks a rise of 67% in a matter of just six trading days. There is still a lot of room to the upside on the chart for RKDA to travel, so we’re definitely going to keep our eyes peeled for further bullish activity from RKDA.

Heat Biologics, Inc. HTBX

Speaking of charts with potential, we tagged HTBX on Monday, and it has been trending in the right direction, trading up from 1.35 to 1.74 so far. As you can see on the provided snapshot, it still has a very ripe-looking chart.



Extended Watchlist:
ARLZ, BLNK, BOOT, HEAR, M