Blue Horseshoe Stocks: Options, Bottom-Plays & More

Twitter, Inc. TWTR – Options Idea

We have yet to talk about TWTR in 2017, namely because the stock has been in an overall downtrend over nearly that whole span. However, in recent weeks, it found a bottom and slowly has begun stair-stepping its way to a recovery. That process is getting a kick in the pants this morning with a significant morning gap up on the heels of Twitter’s earnings. The company posted losses, though not as big as expected, while also reporting an increase in users.

We’re going to see about possibly using the commotion to our advantage with a range of options ideas. Provided TWTR can maintain support at or above its 50DMA (15.19) on any pullbacks, we’re going to be interested in tracking the activity in the TWTR Weekly $15-16 Calls, on which we’ll be looking for a classic dip-and-rip pattern. If properly timed, it could spell some big gains in those contracts.

Apricus Biosciences, Inc. APRI

We want to put APRI on our radars today as a potential bottom-bouncer. At the beginning of the year, from a level comparable to current prices, the stock ran into the mid-$3 range. Now, after a long period of getting beat back nearly to its annual low, it is showing signs of a rebound that we’d like to monitor on the chance that it turns into a full-scale reversal.

You can see just what we mean on the snapshot below. The RSI is indicating that APRI is about to enter extreme oversold territory, while the MACD is just beginning to curl upward and show some convergence. We wouldn’t be surprised to a see cross in the days ahead.

Even just a run back to the 200DMA from here would be a move of almost 100% so we’ll definitely want to keep an eye peeled.


NoHo, Inc. DRNK

We’ve been saying how hot the super-subpenny market has been recently, and the trend has been persisting now for quite some time.  We initially slated DRNK for observation in Monday’s premarket report, after which we saw a soild 70% pop from a low of .0003. We stated as much in yesterday’s report, mentioning that we’d certainly want to continue to pay attention, based on a number of factors.

The stock did manage to record a new high for us for the second straight day, making an intraday move of 50% from .0004-.0006, and extending our two-session observed range to a nice, round 100%

Extended Watchlist:

Blue Horseshoe Stocks: Options Review & More

Options Review – Yesterday’s Big Winners
For some of our readers that may not have previously understood why we like to mix options-trading ideas in with our equities ideas, yesterday’s session served as an excellent example. All three of the stocks whose options chains we were tracking provided folks with substantial opportunities for lucrative daytrades. Here’s a breakdown:

Ford Motor Co. (F) – On the heels of the revelation that Ford had set revenue records and beat earning expectations for Q2, we saw the chance to leverage the resultant action on the chart to our great advantage. The range of contracts that we flagged for observation was the F Weekly $14.50 and $15 Calls. As the $15’s fell just shy of being pushed into the money, the main thrust of the action was in the $14.50’s. Those contracts went big, with a surge from a low of .18 all the way up to .42; an intraday spike of 133% We’ll be on the lookout for potential dip-and-rip scenarios in Ford to create the possibility of further opportunities as the week wears on.

Pfizer, Inc. PFE – it was also a beat on earnings that propelled our PFE ideas to substantial intraday gains. Our specific area of interest were the PFE Weekly $34.50 and $35 Calls. The $34.50’s made an impressive move from .26-.88 for total possible gains of 238% and the $35’s really performed with a monster 410% run from .10-.51!


Baidu, Inc. BIDU – In a departure from our standard options M.O., we identified a chance to play some Puts as BIDU was taking an absolute shellacking after its own earnings missed the mark. The downfall continued throughout the session, and fueled the success of our observed contracts, which were the BIDU Weekly Puts in the $180-175 Range. The trading ranges and maximum gains on all three sets of contracts were as follows:

$180 Calls – Daily Range: 8.00-18.05 – Max Gain: 126%
$177.50 Calls – Daily Range: 5.20- 14.90 – Max Gain: 187%
$175 Calls – Daily Range: 3.88-13.10 – Max Gain: 238%



Cheers to any of our readers who were able to parlay those ideas into some solid intraday profits. We’ve got some fresh ideas to monitor during today’s session as well:

Twitter, Inc. TWTR Weekly $34-32 Puts

Micron Technologies, Inc. MU Weekly $19-20.50 Calls

Pazoo, Inc. PZOO

We also want to make a quick note of the PZOO news that hit wires right at market open yesterday. The storyline we’ve been continuously following with Pazoo regarding the company’s foray into the medical marijuana testing business received a significant update.

Pazoo subsidiary, Harris Lee, LLC has signed an agreement that will facilitate the takeover of an operational testing facility in Colorado, be sure to check out the PR below:

WHIPPANY, N.J., July 28, 2015 /PRNewswire/ — Pazoo, Inc. (OTCPink Symbol: PZOO) is pleased to announce that wholly-owned subsidiary Harris Lee, LLC has signed a sublicense, and loan agreement with Harris Lee Colorado, LLC (HLC). These agreements now allow HLC to meet the in state residency requirement and provide for the necessary funding to take over the testing lab, expand the marketing and employment base and begin the expansion of the operations.

All agreements will be forwarded on to the Colorado MED for review. A small redesign of the layout of the laboratory will be undertaken to increase the efficiency and functionality of the facility. Over the past 2 months the Pazoo team has made contact with numerous growers and has gotten firm commitments from these growers to test with HLC once the State review is complete. >> FULL PR

Extended Watchlist:

Blue Horseshoe Stocks: Revisiting CETV & More

Central European Media Enterprises, Inc. CETV
CETV is a stock we’ve looked in upon a few times over the past year or so, first catching it all the way back in May of 2013. We like to keep a continuous eye on all of our past winners in the event that they might bring future opportunities, and that’s why we’re going to revisit CETV this morning.

The stock is coming off of recent lows, and is showing some signs of life on the heels of improved earnings released today, presently gapping up past the 50DMA, up 10% in the pre-market, and trading in the high 2.70’s. We’re going to want to watch closely as the stock reacts to some favorable numbers:

HAMILTON, BERMUDA, July 30, 2014 – Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange – CETV) today announced financial results for the three and six months ended June 30, 2014 .
Net revenues for the second quarter ended June 30, 2014 were US$ 204.9 million compared to US$ 175.6 million for the same period in 2013 . OIBDA (as defined below) for the second quarter ended June 30, 2014 was US$ 41.6 million compared to US$ 8.0 million in 2013 . Operating income for the three months ended June 30, 2014 was US$ 22.6 million compared to an operating loss of US$ (4.6) million in 2013 . Net loss for the three months ended June 30, 2014 was US$ (52.5) million compared to US$ (41.1) million in 2013 . Fully diluted loss per share attributable to CME for the three months ended June 30, 2014 was US$ (0.36) compared to US$ (0.34) in 2013. Click for 6 Month Revenues and rest of PR >>>

In Ovations Holdings, Inc. INOH

INOH popped up on our scanners this morning as a sub-penny play with bottom-bounce potential. The stock is coming off of a recent sub-.001 bottom, and began to rebound during yesterday’s session.

INOH had a rapid spike to more than .008 back in June, so we know the potential for a move is there, and will keep a close watch over INOH in coming sessions.

Side Notes:


Speaking of bottom bouncers, we just wanted to make a quick mention of yesterday’s extended watchlist play, PGTI. The stock gapped up and reversed course, trading in a daily range from 8.76 – 9.77, an intraday move of 11.5%. We’ll be looking in on PGTI today to see if it can maintain course.

NQ Mobile, Inc. NQ

NQ has made repeat appearances in our reports, most recently July 21st, and since that time, has been trending off of its own bottom. Even after several sessions of positive trading, we want to pay special attention to NQ following word of a possible buyout:

NQ Announces Receipt of Non-Binding Proposal to Acquire All Outstanding Shares of NQ (Wed 8:38AM EDT)

Extended Watchlist: