Blue Horseshoe Stocks: IZEA, ITUS Recaps & More

ITUS Corp. ITUS 

We included a tag of ITUS in this past Thursday’s premarket report, after noticing the stock’s liquidity and price action increasing in a big way in the sessions leading up to that.

Despite already seeing big moves to that point, it was just the start for the excellent run made by this stock in the last three sessions. We observed a low of 1.92 in ITUS on Thursday, and yesterday the stock reached a new high of 4.30. That represents a three-day swing of 124%

Volume over the same period has been vastly greater than average. The whole trend was catalyzed when the company updated shareholders on its cancer detection technology, on the morning of our initial alert.


Helios and Matheson Analytics, Inc. HMNY

We’ve been tracking HMNY since  August 15th, where-after we witnessed a low of 2.42.
We were just mentioning this, and the fantastic multi-bag moves the stock has made since, in yesterday’s premarket report. We also mentioned that based on the previous close, that we’d “look for the continued establishment of higher highs and higher lows.”

Despite already having gone up so much in the course of the last five weeks, the stock’s excellent performance yesterday did push it to new highs yet again. In fact, it streaked all the way to 9.65, representing an overall move of 299% since we began tracking its activity.


IZEA, Inc. IZEA

We also want to reiterate our signal on IZEA yesterday, which made a move of 40% in trading up from its morning low of 4.54 to a high of 6.35. It was a respectable gain, but this morning the stock is gapping up and pushing the $7-mark, so we’ll jeep our eyes peeled for the possibility of a more sustained uptrend.


Apple, Inc. AAPL – Options Idea

With the hint of a reversal and rebound after a rapid weeks-long selloff in AAPL, combined with a premarket gap-up this morning, we’d like to signal a range of AAPL calls to coincide with the activity and possibly help us find some quick-strike trade opportunities. We’ll radar the AAPL Weekly $150-155 Calls to try to do just that.


Extended Watchlist:
INPX, ASNA, MBRX, CDXC, FCSC, TEUM, MYSZ

Blue Horseshoe Stocks: Potential Rebound Plays & More

ChromaDex Corp CDXC – Update

After watching it take a disproportionately large nosedive on Monday, we highlighted CDXC in yesterday morning’s premarket report as a recovery-watch play.

Our idea remains intact heading into today’s session, with the stock making a solid 22% bounce for us right out of the gate yesterday from the open at 2.90 up to an early morning swing high of 3.55. We did witness some consolidation into the close, but the stock did register both higher highs and higher lows off of its recent bottom, so we’ll certainly be on the lookout for a continuation of that trend as we cruise through this midweek.


The JG Wentworth Co. JGWE

Speaking of bottom-bouncers, we’re interested in reserving a spot on our radars for JGWE. JG Wentworth recently failed to comply with NYSE listing requirements, and has thus been delisted and relegated to the OTCQX.

The beating the stock has taken pounded it down to a new all-time low on Monday, and yesterday we observed something of a bounce signal. We’ll put this play on watch for the possibility of further rebound action, as the stock is a egregiously oversold at the moment. Regaining even half of the ground it has lost since May ould mean gains of over 100% from current PPS levels.


Towerstream Corp. TWER

We also want to place TWER on watch this morning as we are seeing a nominal gap-up in the premarket. The stock is trading just above a multiple-bottom support level, and so we’re going to be tracking this one for its bounceplay potential as well.

The stock has a recent track record for volatile swings that we find very attractive. Early last week it ran hard from .14 to .31. In theory, a similar swing could net us multi-bag gains from here, so we’ll be sure to keep a closer eye on TWER from this point forward.


Extended Watchlist:
CSNG, SCIE, UCPA, AGTK, GRZG, TTHG

Blue Horseshoe Stocks: EXAD Review, Options & More

Experience Art & Design, Inc. EXAD – Impressive Run Continues

Yesterday morning, we were just updating readers on the call we made last Monday on EXAD at a low of .0009. It had subsequently run up to a high of .0024 (+167%) and we were congratulating folks who latched on for a nice profit.

We went on to mention that the stock was “exhibiting momentum-play characteristics” and that we’d continue to be interested if it could maintain support above .0015 on any pullbacks. Ultimately, there was no pullback. EXAD opened at Friday’s high and closing price of .0024, and took off on another bullish session that took it to an impressive new high of .0039; an intraday pop of 62%.

It closed at its high for the second straight session, and pushed our overall observed range in just a week’s time to 333%  As long as the stock continues to register higher base levels of support, we’ll remain interested in what has concisely demonstrated itself to be an extreme momentum-mover!


Shire plc SHPG – Options Idea

We also want to follow up on our options trading idea that we floated in yesterday’s premarket report, the SHPG Weekly $175-180 Calls. We said that we’d have them on watch throughout the course of the week, and would just like to reiterate that this morning.

We’re seeing a notable gap-up in early trading to day that should begin to fuel healthy observed gains for our highlighted contracts.



ChromaDex Corp CDXC

We have an interesting little story that has unfolded for CDXC inside of the past 24 hours. Yesterday a report and “Shareholder Alert” was published that effected a steep decline which you can very plainly see on the included chart.

Frank L. Jaksch, CEO of ChromaDex immediately responded, alleging that “The report appears to be a blatant and transparent attempt by a shortseller or shortsellers to profit from an immediate and precipitous decline in the company’s share price through the use of an opinion piece published anonymously and laden with misinformation…”

Even if the report contained elements of truth, the sharp selloff which occurred yesterday seems to be an over-reaction. We’ll have CDXC on recovery watch in coming sessions.


Extended Watchlist:
ELED, BHGI, RVUE, FTEK,
CUR(Gap to fill to .55)