Blue Horseshoe Stocks: LFAP, GPRO Recaps & More

LifeApps Digital Media, Inc. LFAP

Our timing in alerting LFAP in yesterday’s premarket report honestly couldn’t have been any better. The stock had fallen to a new 52-week low in the previous session, and we caught it on our news scanner with a PR which highlighted the launch of the company’s Apple Healthkit-Enabled App For iOS.

The coincidence of those two events provided a springboard for the stock, which opened at its daily low of .0027 and served up the chance at a double-bagger as it surged 100% to .0054. That was followed by a short recession to .0035, and rebound back to a high of .0047, tacking on an extra 34% spike.

Cheers go out to any of our readers who were able to take advantage of this timely call!


GoPro, Inc. GPRO – Options

GPRO turned out to be one of the better options trading calls we made this week. Yesterday we mentioned that as a result of a big gap up on earnings, we’d be on the lookout for potential plays in the range of Weekly $49-51.50 Calls.

The price action on GPRO as the stock predictably performed a dip-and-rip maneuver on the chart, provided a couple of swing opportunities in each set of contracts in our targeted range. For example:

The $49 Calls shot up 61% from 3.10 to 5.00 in the first 15 minutes of trading, and dipped back to a low of 2.40 before rebounding as high as 4.50, adding another 87% swing.

The $51.50’s first ran from 1.30-2.75 gaining 112%, and followed that up with a pullback to .92 before returning to 2.16 (+135%)

Each set of contracts between those low and high ends of our selected range ($49.50, $50, $50.50, & $51’s) also served up opportunities with similar price action and possible gains for traders.


Added Notes:

We picked up on a couple of stocks with fresh PRs out this morning that also happen to be coming up off of recent lows. As LFAP decisively proved yesterday, this has the potential to create the conditions necessary for rapid gains. We’ll have both of these on our radars as the session kicks off:

Nutra Pharma Corp. NPHC – Nutra Pharma Announces Nyloxin(R) Acceptance by Chinese Medical Authority – CPAM (Thu 8:30AM EDT)

Coates International, Ltd. COTE >> READ NEWS


Extended Watchlist:
GLUU, JDST, CKSW, XGTI, CVEO, FRO

HEMP, EAPH, TRTC, REVI & Extended Watchlist

Hemp, Inc. HEMP

By now our readers know quite well that we’ve been hot on the trail of cannabis stocks for a long time now. While specific plays catch our attention at different times, as a whole we continuously monitor the entire sector. One of our all-time favorites, HEMP, has provided traders with a golden opportunity over the past week. We last zeroed in on HEMP a week ago on Jan. 29th, and at the time the stock was trading at a low of .0685.

Since then it has been on an absolute tear, rocketing upward and yesterday reaching an astonishing high of .288. In just a week’s time, this play has afforded us the opportunity to gain up to 320%

We’re particularly interested in following the activities of this company because unlike a lot of the pot stocks we’ve tracked, it centers on the industrial hemp sub-sector, which scored a recent victory on Capitol Hill with the Fed’s green-lighting of commercial hemp production.

LAS VEGAS, Feb. 3, 2014 (GLOBE NEWSWIRE) — Hemp, Inc., (OTC:HEMP) America’s first all-industrial hemp public company, applauds the U.S. House of Representatives for legalizing the cultivation of hemp. For the first time in decades, the Federal government is allowing farmers to cultivate hemp. As of Wednesday, January 29, 2014, pursuant to the passage of the farm bill, the cultivation of industrial hemp is legal on a Federal level and is clearing the way for industrial hemp pilot programs in states such as Colorado, Washington, California, Kentucky, Maine, Montana, North Dakota, Oregon, Vermont and West Virginia, where growing the plant is legal.


Easton Pharmaceuticals, Inc. EAPH

Continuing our cannabis coverage, we have EAPH, which we first began following on Jan. 8th (At a price of .0041). Like most of the other pot plays, we have been witnesses to extreme gains over the past few weeks as the PPS has grown by leaps and bounds.

At yesterday’s high of .0335, the stock was up a staggering 717% from our initial mention.


Alternative Energy Partners, Inc. TRTC

The preceding two stocks weren’t the only ones to put up impressive performances yesterday. We also had TRTC touch a new high at .809. As one of the plays in this sector that we’ve tracked since 2012, we’ve followed along as it has exploded in 2014, trading up from ten-cent range.

A gain of more than 800% in just over a month’s time is certainly nothing to sneeze at!


Resource Ventures, Inc. REVI

We’re placing REVI on high-alert again today, as this stock which has already done very well for us in the past, could be set to get its next leg-up on the strength of an exciting PR out this morning. A joint venture with a subsidiary of another of our heavy interests, HEMP, is sure to garner some serious attention in a trading community which has become increasingly infatuated with marijuana stocks. Currently a printing and graphics firm, a foray into this new arena could mean future gains for REVI approaching the same magnitude of several of the other pot plays on our radar, so we’ll be tracking this story very closely.

SILVERADO, CA–(Marketwired – Feb 5, 2014) – Resource Ventures, Inc. (PINKSHEETS: REVI) is pleased to announce today that in the interest of the Company’s expansion plans into the medical marijuana and industrial hemp industries, they have secured the consulting services of Hemp, Inc.’s (OTC: HEMP) subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC).  >> FULL PR


Extended Watchlist:
CBIS, TVIX, NBG, CKSW,