Tag: CEMP

Blue Horseshoe Stocks: CAT Breakout & More

PetMed Express, Inc. PETS

We signaled a longer-term options idea for PETS yesterday which needs some time to ripen, but with the solid move in the stock itself, we figured we’d recap its performance since our initial alert on it six weeks ago.

We caught PETS at a low of 32.90, which makes its 43% run to 46.94 this week that much more impressive. For a thirty-dollar stock to gain more than a third of its value in a matter of just a few weeks, is no small feat.

We’ll continue to keep our selected options, the PETS 11/17 $40-50 Calls on watch over the next few weeks.

Caterpillar, Inc. CAT

Speaking of high dollar stocks that we’ve alerted and then gone on to see impressive gains, we’ve got CAT in our sights again this morning after a solid earnings beat. We’re going to want to highlight some options ideas here as well, but first, let’s talk about the incredible bullish run of Caterpillar this year.

We were talking about this stock back in March, and that same month, the stock traded for as little as 90.34, and has essentially been in a continual uptrend ever since. Measured to this morning’s new premarket high of 141.98, it represents an increase of 57% in just over six months.

As for the options we’ll want to track on the heels of CAT’s earnings beat this morning, we’ll be looking at the CAT Weekly $136-141 Calls.

Atossa Genetics, Inc. ATOS

We’d also like to quickly recap the respectable intraday performance recorded by ATOS following our alert on the stock yesterday morning.

From an early low of .50, ATOS ran to .636 for a solid 27% move which came on more than three times the monthly average volume.

On a side note, the company has also announced that it will hold a conference call tomorrow morning at 10am EDT to discuss preliminary results from the Phase I study of its proprietary oral Endoxifen, an active metabolite of the FDA-approved breast cancer drug tamoxifen. The conference call will be available through a live webcast at www.atossagenetics.com so we’ll be sure to tune in for that.

Extended Watchlist:
HMNY, RCON, ZYNE, KNL, CEMP, DXTR

Blue Horseshoe Stocks: FL, CNXS Recaps & More

Franchise Holding International, Inc. FNHI

On Friday morning, we were giving our readers an update on the stellar performance of FNHI since we’d first called it back on the 8th. subsequent to which time, the stock was trading at a low of .0061.

Not only did FNHI follow it up with a solid intraday pop, but also extended our total observed range in just over three weeks by a significant margin.

Friday, FNHI traded from 0265-.0449 for an intraday push of 69% That new high, measured from our witnessed low, comes out to an overall upswing of 636%

The stock also closed with strength at .0421, holding most of its daily advance, so we’ll be watching it this morning as we prepare to kick off a new trading week.

Connexus Corp. CNXS

Speaking of big movers, our tag of CNXS in Friday’s report came just in the nick of time for us to catch a fantastic intraday performance.

The stock traded up from a low of .0051, cracked through the penny barrier, and reached as high as .0159, for a whopping run of 212% on the day!

That performance marked the third straight session of higher highs and higher lows, so we’re definitely going to be on the lookout for a possible continuation of that trend. Ideally, we’d like to see CNXS hold support at or above Thursday’s swing high of .0092 on any pullbacks.

Foot Locker, Inc. FL – Options Update

We also need to bring readers up to speed on the excellent  post-earnings options idea we formulated on Friday for Foot Locker, the FL 03/17 $70-75 Calls.

Those contracts provided daytraders with some cherry opportunities for quick gains with FL’s bullish intraday run from 70.37 to 75.37. The potential profits were as follows:

$70 Calls – Range: 2.00-5.00 – Max Gain: 150%
$72.50 Calls – Range: .95-3.60 – Max Gain: 279%
$75 Calls – Range: .26-2.00 – Max Gain: 669%

Special Note on Bitcoin

Prior to last week, the all time high for Bitcoin was $1160, last week that high was broken, and has been making higher highs since.

Winklevoss Bitcoin Trust ETF (Pending:COIN) is subject to approval. Essentially, if the SEC raises no issues by the end of the comment period, the ETF can move forward unhindered. It has caused an increased interest in the space, and as a result, we’ve got our eyes on stocks like the above-mentioned CNXS, along with others like BTSC and GAHC

Extended Watchlist:
CLRB, CEMP, USRM, ABHI, AMFE, IBRC

Blue Horseshoe Stocks: Revisiting the Cannabis Sector

Marijuana Sector Heating Up Again

Last year at this time, we were in the midst of one of the most exciting times for an individual sector that we’ve ever witnessed. You’ll recall that the 2014 New Year brought the beginning of the first legal recreational marijuana sales in Colorado, and as a result the interest in cannabis and related stocks went absolutely through the roof. The months-long free-for-all was punctuated by dozens of ‘pot plays’ making astronomical gains, and it went down in the books as one of the most exciting mega-trends we’ve ever lived through.

While we don’t expect to see anything of that hype-fueled magnitude this year, we did notice a significant rise in activity in several of the marijuana stocks that we’ve tracked all throughout 2014 ramping up at the end of last week, so we thought this morning would be a good time to call some attention back to the legal/medical cannabis arena.

Friday’s list of gainers read like a symbol-for-symbol recap of our pot stock watchlist. Among those, the most impressive were ones that we are used to seeing make incredible moves:

HEMP, CBIS, MJNA, EAPH, GRNH, MCIG, ERBB, & TRTC 

*If you’d like to inspect our history with each stock, you can check the archives by typing bluehorseshoestocks.com/tag/____  and replacing the blank space with whichever symbol you’d like to pull up. It will furnish you with a chronological listing of each article that we posted on a given stock. (Note that this method can be used for any symbol we’ve ever covered, making us 100% transparent- just another reason why we feel our newsletter is the best around)

We will continue to make the monitoring of the cannabis sector a high priority for us as we settle into the New Year. More and more initiatives are being voted on all the time, and as we’ve been saying since 2012, the legalization of marijuana throughout the United States is going to play out like a domino effect. With measures having passed already in a handful of states, and several more slated to address  various degrees of the issue on impending ballots, the landscape of the industry should be expected to change and grow dramatically into the foreseeable future. Like always, we’ll be ready to capitalize on that growth as it happens.

Energous Corp. WATT

We also want to do a quick follow-up on WATT, a stock that we initially tagged on Wednesday Dec. 24th at a low of 8.40 and the stock has been on an overall uptrend in the five sessions since that time.

On Friday the stock managed to close in the 11.30’s and in the premarket today, we have seen trades go off as high as 12.65; that marks an increase over our observed low totaling 51%, so big congratulations are in order for anyone that has been tracking this play along with us.

There’s also some news out today about an agreement with an established electronics company that could help WATT speed up its wireless charging solution’s path to market. That’s a story we will definitely need to monitor moving forward:

Extended Watchlist:
CEMP, CNAT, STXS, KMDA, URZ, THLD