Blue Horseshoe Stocks: TLRY, DCTH Updates & More

Tilray, Inc. TLRY – Update

We’ve been tracking TLRY since last Tuesday, and in that time not only has the stock made an incredible move, (87.50 to nearly $260 in premarket trading today: +165% ) but the options we signaled at the time, the TLRY 09/21 $91-93 Calls, have also made huge gains.

Here are the updated ranges on the options contracts, but please note that all of these will almost certainly be trading over $100 after TLRY’s eye popping premarket increases this morning:

$91 Calls – Range: 6.43-58.23 – Max Gain: 805%
$92 Calls – Range: 5.51-57.50 – Max Gain: 944%
$93 Calls – Range: 5.23-60.00 – Max Gain: 1047%

Because TLRY is a cannabis stock and is drawing a ton of attention to the space right now, and because we are heading into the hottest time of the year for cannabis stocks we are, as always, keeping a close eye on the pot sector.

Cronos Group, Inc. CRON is one other play from that space which has also showed some interesting trading activity. We began watching it a couple weeks ago, and despite some pullback, the stock regained all that ground and is currently testing resistance at 13.39. A break of that price should make things much more interesting for CRON.

Several other cannabis related plays to keep an eye on, but by no means an exhaustive list:

NXTTF, MYMMF, APHQF, RVVTF, TBPMF, SPRWF, INSY, AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP, GCAN



Delcath Systems, Inc. DCTH

We also want to swing back around for an update on another hot stock we recently signaled interest in, with DTCH. We slotted this play into our watchlist roughly three weeks ago on August 28th as the stock was trading as low as 1.76. It has since reached a new high of 5.60, which works out to an increase of 218%
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More Quick Updates: Both of the stocks we mentioned in yesterday’s report also set new highs. Here are those highs, along with the total possible gains that they’ve provided since our next most recent alerts on these plays:

New Age Beverage Holdings, Inc. NBEV
1.50-3.40 (+127%)

Aurora Cannabis, Inc. ACBFF
4.04-8.92 (+121%)

Blue Horseshoe Stocks: Cannabis Reminder

CANNABIS REMINDER

We took full advantage of the recent earnings season with a ton of great options ideas, but things are cooling down on that front for the moment. To start off this week, we’ll put our ever-continuing options search on hold for today, to bring our readers an annual reminder.

Each year as the summer season begins to wind down, we like to pull together a sizable watchlist for the cannabis space. The Autumn season has traditionally been the legal and medical marijuana industries’ most active in terms of movement on charts. The pattern has repeated itself year after year, so with the market appearing relatively quiet at the moment, now is a good time to reassert our interest in cannabis sector stocks for the coming of the fall rush.

The following is not an exhaustive list, merely a few old favorites, but we ensourage our readers to seek out and monitor any stock that is related to the field:

AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP


Avalon Holdings Corp. AWX

We’d also like to quickly share the performance of AWX following its inclusion in our premarket watchlist on Friday. Early on in the session, the stock ran from a low of 4.52, and went on to hit 6.79, which works out to a respectable intraday pop of 50%  That was sufficient to register as the NASDAQ’s #2 mover on the day.


Fresh Options Ideas:
Energen Corp. EGN 09/21 $75 $ 77.50 Calls
Neilsen Holdings plc NLSN 09/21 $25-27 Calls


Extended Watchlist:
GST, AKER, SYY, DPW, IZEA

Blue Horseshoe Stocks: Fresh Options Ideas, LEXG & More

Lithium Exploration Group, Inc. LEXG

We’ve been tracking the activity in LEXG for quite a time, and the volatility and price action in this play has provided for us on more than one occasion.

Yesterday was yet another of those occasions, with the stock putting in a solid performance. LEXG traded in a range from .0036-.0045, an intraday move of 25% which came on a little over thrice the monthly average volume.

The moves we’ve seen since putting LEXG on watch in December have been significantly more impressive as well. We saw a low of .0013 around the holidays, putting our overall observed increase in just over three weeks at 246%


Options Ideas

We’ve been so wrapped up in tracking various stocks over the first couple weeks of 2017, that the following will be our first options ideas of the year!

Netflix, Inc. NFLX -  NFLX has been generally trending upward for around two months, hitting new all-time highs this week. Yesterday’s earnings and updates, including the fact that the streaming giant had added a record 7 million new subscribers over the last quarter.

We want to potentially take advantage of a continued run, even if its preceded by a dip-and-rip pattern. As long as it holds support above the $139 mark, we’re going to interested in tracking the NFLX Weekly  $139-143 Calls.

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Tesla Motors, Inc. TSLA – TSLA is another big board stock that has been on a bullish tear of late. The stock has been stacking gains on top of gains over the past 6 weeks.

This morning, it received an upgrade from Morgan Stanley, and we’ll hope to use that added attention to see some more good moves in the stock. Accordingly, we’ll have the TSLA Weekly $240-245 Calls on watch today and tomorrow.


Extended Watchlist
VPRM, CNBX, PPCH, MLCG, XTRN, ANY

Blue Horseshoe Stocks: NDEV Recap, Pot Stocks Rock & More

Novus Acquisition & Development Corp. NDEV

We were just mentioning yesterday morning how we had first begun tracking NDEV on December 12th, and had subsequently witnessed a huge 250% move to the upside from our observed low of .30 to a high of 1.05.

Some people might have figured that the party was over after such a significant rise, but NDEV had other plans. The stock kicked off the short week yesterday on an impressive note, managing the biggest single-session swing we’ve seen yet, running from its morning low of .731 to a new high of 1.51. That was a super intraday push of 107% and the new high marked an overall jump from our .30 low amounting to 403%


Momentous Entertainment Group, Inc. MMEG

Speaking of continued movers, a week ago today was when we caught on with MMEG, and it has been nothing but bullish activity since then.

We initially observed a low of .0017 before the stock shot to .0055, a move of 224%. But it too kicked off the short week on a high note, with an intraday spike of 55% as dipped-and-ripped from a morning low of .0044 to a new high of .0068. It also extended our total observed gain on the play in less than a week to an even 300%


Ecolocap Solutions, Inc. ECOS

New to our reports yesterday was ECOS, which produced two noteworthy intraday moves during the session. It first ran from .003 to a high of .0048 (+60%) before pulling back to bounce off a low of
.0025 and return to .0037, adding another 48% to its cumulative gain totals on the day.

A stock with this kind of volatility is definitely worthy of continued observation.


Provectus Biopharmaceuticals, Inc. PVCT

We also want to provide a quick update on PVCT which we tagged in yesterday’s extended watchlist. The stock made a modest but solid 28% move from .018-.023, and we’ll want to continue to keep an eye peeled for signs of a continued uptrend.


Cannabis Stocks Rocking Again

Last but most certainly not least, we want to share an image of yesterday’s top traded OTC stocks, nearly all of which are in the cannabis space, which we’ve been drawing heavy attention to over the past several months. We released a reminder video to that effect over the weekend and published it in yesterday’s report, and were obviously met by a huge sector-wide surge.

Moving forward here are a few specific cannabis related stocks to continue to keep a close eye on: AGTK, FTPM, MJTK, MYDX, PMCB, GRNH, AMMJ, CNBX


Oceanic Research & Recovery, Inc. ORRV – Chatroom Call

We spotted ORRV in our chatroom yesterday, signaling it to our members at .0002 x .0003, and it went on to close at the high of day of .0008. That was good for a single session gain of 167%, and since ORRV closed at its high on abnormally high volume, we want to place it on momentum watch in the event of a possible continuation today.


Blue Horseshoe Stocks: Options, Bottom-Plays & More

New Options Ideas

After a relatively subdued half-day to close out the short week on Friday, we’re going to wipe the slate and start fresh today with a couple of options ideas. Based off of our initial scans and the premarket activity, we think each of these plays has the potential to help us start the week on a high note.

AngloGold Ashanti Ltd. AU – For this one, we’re attracted to the positioning on the chart, where, as you can see below, the stock has just begun to rebound off of its lowest PPS in roughly 9 months. Add that to some bullish premarket activity, along with a number of ripening indicators, and we’re very interested in the possibilities.

We’re going to be focusing in on the AU 1/20 $11 and $12 Calls, which gives us more than enough time to see the extended recovery we’re looking for.


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Cognizant Technology Solutions Corp. CTSH – Our interest was roused by CTSH in this morning’s routine scan, and it too is currently in a favorable position on the chart, coupled with an appreciable premarket gap-up which could lead to a strong session performance.

For this one, we’re going to be looking at the CTSH Weekly $57-60 Calls.


Lithium Exploration Group, Inc. LEXG

Here we have another prime bottom-play with LEXG, which has managed to put together a pretty good rebound off of 6-month lows over the past few sessions.

Currently trading at a low multiple around .0025, we’re looking at a stock that ran from similar levels to over .02 back in August. Even a fraction of such a move from current PPS levels would equate to sizable gain opportunities, so we’ll be putting LEXG on watch in the days and weeks ahead.


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CollabRx, Inc. RNVA – This one belongs in the bottom-bouncer category as well. RNVA is coming off of its recently established 52-week low, and appears to be geared up for a continued comeback. We’re going to have this one on close watch as well.


All-Cannabis Extended Watchlist:
AMMJ, TRTC, MJNA, MCOA, CNBX, HEMP, VAPE, AGTK, MJTK