Tag: BVTK

Blue Horseshoe Stocks: NADL Update, Options & More

North Atlantic Drilling Ltd. NADL

NADL topped our list of potential bottom-plays in yesterday morning’s premarket report, and it ended up being the primary runner of the day.

We picked up on the stock on a routine scan, after noticing a sizable gap-up in the morning, coupled with the fact that the stock had been repeatedly beaten down over an extended period. All the signs seemed to be pointing toward a significant day for NADL, and that’s exactly what transpired.

The stock traded in a daily range from 1.73 on up to 2.87, for a highly respectable single-session swing of 66% that came in on mind-bending volume, on the order of 150X the 30-day average. That type of momentum always has a shot at carrying over, and sure enough, NADL is gapping in the premarket once again today.

The early high is in the 3.50’s, extending to total rise we’ve witnessed in less than 24 hours to roughly 100% and it puts us on alert once again today. We’ll be looking for higher highs and higher lows as usual as we watch this one play out.

Excellent Chatroom Calls

Every once in awhile we like to remind our readers on our website as well as our daily newsletter recipients that we conduct live trader’s chats via Skype on a daily basis, and any of our readers is more than welcome to participate. All you need to do to get in on the action is send a Skype contact request to username ‘stocksumo’. You can sit in and get ideas or offer up some of your own!

Yesterday, one of our chatters gave the room a heads up on Bravatek Solutions, Inc. BVTK shortly before 11AM, and the stock ultimately ran from .0002 to .0011, for an intraday pop of 540% on nearly two billion shares traded.

That brings us to another fantastic call, this time by our very own Stock Sumo, who brought American Leisure Holdings, Inc. AMLH to the attention of the room on March 27th, after which time there was plenty of opportunity to get in at .0003. The stock subsequently ran to a high of .007 two weeks (11 trading days) later, marking an enormous 2233% increase!

If these aren’t reasons to get involved with our daily trader’s chats, then we don’t know what is! There have been a multitude of super-subpenny runners over recent weeks, and these two are prime examples of why we continue to press the issue.

New Options Ideas

We don’t want to spend all of our focus on the stock side of things though, especially with our continued success with options trading, so we want to formulate a few ideas based on some things we’re seeing in the premarket.

Lululemon Athletica, Inc. LULU – We want to signal both some weekly and extended-range calls this morning on LULU, which has been making attempts at coming off of recent relative lows, with a massive gap on the chart to the upside. We could see this returning to fill at least a portion of that gap. We’ll have our eyes on the LULU Weekly $52-53.50 Calls as well as the 05/06 $55-57 Calls.

Delta Air Lines, Inc.DAL – We’re looking at DAL for a possible short-term play after its earnings beat this morning. Profits fell by a less-than-expected margin, while positive Q2 guidance was issued. Coupled with a major PR disaster for one of its main competitors this week, and we’re definitely interested in seeing if DAL can make an appreciable move. If it does, we’ll be looking at the DAL Weekly $45.50-47.50 Calls.

Extended Watchlist:
NBIX, BBRY, CEI, ADPT

Blue Horseshoe Stocks: ANF Options Recap & More

Abercrombie & Fitch Co. ANF – Options Update

Our main point of focus in yesterday’s premarket report was a bearish stance on ANF to correspond the company’s earnings miss. We wanted to use the impending selloff to our advantage, and for that we selected the ANF Weekly $22-19.50 Puts.

The activity unfolded just as we expected it would, and as a result our observed contracts provided us with nice intraday gain opportunities.

$22 Puts – Range: 2.55-4.09 – Max Gain: 60%
$21.50 Puts – Range: 1.70-4.15 – Max Gain: 144%
$21 Puts – Range: .64-3.14 – Max Gain: 391%
$20.50 Puts – Range: .48-2.60 – Max Gain: 442%
$20 Calls – Range: .36-2.15 – Max Gain: 497%
$19.50 Calls – Range: .27-1.65 – Max Gain: 511%

While the contracts don’t expire until Friday, this is likely to be a one-day idea that we’ll now be moving on from, as the chances of seeing ANF take another dramatic backslide seem rather slim at this point.

Updates on Last Friday’s Solid Picks

We want to circle back today to recap a couple of plays we added to our watchlist on Friday morning. Both have left their lows behind, with each of them going on to register new highs yesterday.

Firefish, Inc. FRFS – saw its low on Friday at .0031 and yesterday found its way up .0064, marking a 106% swing in a four session span.

Force Protection Video Equipment, Inc. FPVD – This play found its bottom on Monday at .016 before leading into yesterday’s high of .027. That goes down in the books as a three-day, 68% shift to the upside.

Fresh Options Idea:

VEEV posted a 34% year-over-year increase on revenue in this morning’s earnings report, and like usual, we want to signal a range of options contracts to monitor as a result. Our targets are going to be the VEEV 09/16 $39-42 Calls.

Extended Watchlist:
SKLN, MVES, ASCK, DLCR, GREW, BVTK

Blue Horseshoe Stocks: Welcome to 2016, WRFX Recap & More

Welcome to the 2016 Trading Year!

We finished off 2015 with a couple of nice selections in our premarket report on Thursday, but before we dive into recapping those performances, we invite our readers to take a look at the video we prepared outlining some of the other winners to grace our stat sheet recently. 2015 was a banner year for us with humongous winners coming out of multiple arenas, from micro to mega-caps, stocks, options, ETF’s and more.

It is our solemn vow to sustain these patterns of continued success into this brand new trading year and take our reports to new heights. We’re glad to have all of you with us as we embark upon our 2016 campaign. With each passing year we’ve honed our craft and gotten better and better. We expect this year to be no different! The sky is the limit, so strap in, because it’s going to be a heck of a ride!

  (Video highlights the excellent recent performances of our calls on CMRX, SFYW, & VSYM)

Worldfix, Inc. WRFX

The first item on Thursday’s extended watchlist was WRFX, and it turned out to be the most exciting play of the session, and our final double-bagger call of 2015!

It started off mildly, and ended the session with a bang. Subsequent to trading at a low of .0018, the stock ran into the close at .0038. That came out to an intraday gain of 111% and was an excellent way to close out the year.

Not only did the stock close at its daily high, but it did so on more than five times its monthly average volume. Whenever we see heightened trading activity coupled with a strong close, we always want to monitor the stock in following sessions for the possibility of momentum spillover.

Trans-Pacific Aerospace Co., Inc. TPAC

We also tagged TPAC for observation on Thursday; another subpenny play that ended the year on a high note for us. The stock started from a low of .0035 and traded as high as .0051. That hashed out to a respectable intraday run of 46%

It did pull back to close at just .0039, so we’ll be looking out for some possible rebound activity. We’ll remain interested as long as TPAC can maintain support at or above Thursday’s swing low of .0035, but keep in mind that the chart is beginning to look extremely overbought. Anyone speculating in TPAC from this point forward should remain very cautious of this fact.

Extended Watchlist:
DEWM, NXGA, TRUU, BVTK(Bottom-bouncer)