Tag: COSI

Blue Horseshoe Stocks: APYP Recap & More

AppYea, Inc. APYP

We re-alerted our readers on APYP on Friday morning, after having included it in our premarket report exactly two weeks ago today. It has made some good progress since then, so we’d like to kick things off this morning by providing an update on the moves it has made.

Friday’s session produced a nice intraday gain from a low of .0029 up to a new high of .0044, for a solid 52% upswing, and from the low we observed subsequent to our next most recent mention (.0009), it represented an overall increase of 389% in just under two week’s time.

Bottom-Watchlist

Both of the following stocks have recently fallen to new annual lows. We’re always on the lookout for potential bottom-bounce plays, so we’re going to want to place each of them on watch over the next few sessions.

Pain Therapeutics, Inc. PTIE – This stock underwent a massive gap-down and sell-off a couple weeks back following an FDA application denial for the extended release oxycodone capsules that the company has been licensed to develop since 2002.

We’re going to track it closely as it searches for its ultimate lows, which, if present indicators are any guide, could be forthcoming at any time now.

Cosi, Inc. COSI – While there is no gap to the upside on the COSI chart, we can see the same sort of major selloff that occurred a couple of weeks ago, and continuing up until Friday, when a new 52-week low was recorded.

As you can see on the snapshots, however, COSI is even more heavily oversold than the previously mentioned play. The volatility of its precipitous decline is what interests us most in tracking the stock for its eventual rebound.

Extended Watchlist:
GRNH, MYDX, HADV, HMPQ, JAMN, CRNT, TSRO,

Blue Horseshoe Stocks: WYNN Recap & More

Wynn Resorts, Ltd. WYNN 

We saw an opportunity to jump on some quick-strike WYNN calls yesterday morning,despite the stock already having made a ten-dollar move to the upside since we first began tracking it at the beginning of the month.  The Macau gaming industry is booming, and the positive outlook has related stocks doing so as well.

We targeted the WYNN Weekly $108-110 Calls and regardless of the chosen strike-point from within that range, hefty single-session gains were there for the taking. All three sets of contracts made major moves:

$108 Calls – Range: .55-2.05 – Max Gain: 272%
$109 Calls – Range: .40-1.58 – Max Gain: 295%
$110 Calls – Range: .20-1.10 – Max Gain: 450%

The stock appears to be consolidating slightly in early trading this morning, but we’ll be on the lookout for further activity in these plays provided it holds support above $108 on the dip.

APT Systems, Inc. APTY

We’ve taken notice of APTY this morning, which has built up a nice little head of steam in recent sessions. The latest run has been helped along by yesterday’s PR that the CEO intends to buy shares out of the open market to increase her position, as well as already having what we consider a tight share structure.

Based on those factors, its positioning on the chart, and the volatility which is characteristic of such a subpenny play, we’re going to want to keep an eye peeled for more solid swings to the upside in sessions to come.

Misonix, Inc. MSON

We’re also looking at MSON this morning, which we like for the setup of the chart. As you can see on the snapshot below,  a major selloff occurred yesterday, and the stock is making its way down to a previous level of support, which we’ve pointed out.

We’ll be looking for it maintain above that $5-level, and some subsequent bounce action. At present the stock is screaming toward heavily oversold territory, so it’ll be interesting to see how it unfolds from here, all things considered.

Extended Watchlist:
NAVB, CPRX, CAR, GLRI, XLIT, COSI, ANDR

Blue Horseshoe Stocks: AGTK Recap, Options & More

Agritek Holdings, Inc. AGTK

The standout runner from yesterday morning’s premarket report ended up being AGTK. We noticed it had been ramping up in PPS over the preceding two sessions, and figured it was worth tracking. We were right on in our assumption, as the stock traded in a respectable daily range, running into the close with strength.

AGTK saw an early low of .00168 before running to a high of .0025, representing a single-session spike of 49% The move came on stronger-than-average volume, and marked the third straight session of higher highs and higher lows.

We’ll remain interested in tracking the activity in AGTK provided it can hold support at or above .002; next key areas of resistance are at the 50 and 200DMA’s at .0029 and .0031, respectively.

Options Ideas:

We’ve got a pair of options chains to watch as well, for the following ideas:

Ford Motor Co. F – Our idea concerning Ford is based more off of technical factors of the current chart. As you can see, there are a number of indicators pointing to the possibility of a forthcoming recovery. We want to select a set of contracts with an extended expiration to give our idea time to manifest; the F 09/16 $12.75 Calls. The stock is searching for a bottom, and we’ll need to wait until just the right moment when it begins to rebound and possibly make a run at filling the gap.


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Time Warner, Inc. TWX – The other plays we’re going to be keeping an eye on are short term, weekly expiration ideas: TWX Weekly $77-79 Calls.

Odyssey Marine Exploration, Inc. OMEX

Lastly, we want to put another new play on watch, based purely off of the look of the chart. As you can see, OMEX is in the process of filling a major gap on its chart from this spring, and it just bulled through its 200DMA yesterday. The RSI has also cracked into the power zone, so we’ll definitely be observing the near-term activity on this play.

Extended Watchlist:
ASTI, COSI, TEUFF, MGT, PTX, SHIP, GLBS