Blue Horseshoe Stocks: IMNG Goes Parabolic & More

Innovativ Media Group, Inc. INMG

Our regular readers may be tiring of so many mentions of INMG in such a short span, but the stock continues to soar to new heights on practically a daily basis, and yesterday, the intensity of the bullish pattern increased to impressive levels.

As we were just saying in yesterday morning’s report, we had already seen no fewer than three separate multi-bag rips from INMG in the past week. We also noted Tuesday’s strong close on heavy volume, and that we’d continue to stay on its heels. It’s a good thing we did, as INMG traded in a daily range from .012 to a new high of .0285, for an intraday pop of 138%

From last Thursday, over a span of just four sessions, we’ve now witnessed a total increase of 470% over our observed low of .005. Of course, participants in our daily chats* could have caught our original alert the previous day when the stock traded as low as .0019, from which yesterday’s high represents a five session swing of 1400%

Once again, the stock maintained more than half of its daily increase into the close on more than five times the monthly average volume, so we’ll need to continue to keep our heads on a swivel with INMG. At some point, the stock will peel back off of these impressive highs and that’s when we’ll be looking for what could be a serious dip-and-rip pattern.

*We encourage all of our readers to join in on our daily in-session live chats. To participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.


SkyPeople Fruit Juice, Inc. SPU

We alerted on SPU in Monday’s premarket report after noticing the stock was searching for a bottom, with a monstrous gap to fill on the chart to the upside.

Tuesday’s session brought an end that search for a reversal, with SPU bottoming out at 2.30 before reaching 3.3299 yesterday. That’s an upswing of 45% and we will certainly want to continue to monitor SPU, which still has a mammoth gap to fill on the chart.


04/20 Holiday Reminder: We always have our eyes on the cannabis sector, but will intensify our focus today especially, given that it is the marijuana counter-culture’s main day of celebration for the year! Many companies in this arena use it as a promotional tool, and activity in the recreational space usually reaches a frenzy during this period, so be vigilant, and Happy 4/20 to all!


Extended Watchlist:
COTE, CSX, IMNP, ENDP, PLG, AMH, GEVO, MVIS

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Blue Horseshoe Stocks: Options Roundup & More

Options Roundup

We produced three sets of options ideas in yesterday morning’s premarket report, and considering our recent track record with options plays, it should come as no surprise that we hit on some big gainers with all of them.

Petroleo Brasiliero SA (Petrobras) PBR

We’ve successfully come up with winning options ideas for PBR on so many occasions, we’ve lost count at this point. Our targeted contracts yesterday were the Weekly $5 and $5.50 Calls, and both sets recorded solid moves on the day.

For the $5′s we saw a nice run from .42-.77, an intraday swing of 83%, while the $5.50 Calls doubled that performance with a 166% pop from .12-.32. 

We mentioned that the idea could serve for swing trades into today, and it appears as if PBR’s gap up will extend the gains we’ve seen thus far, especially considering that oil is presently at its highest price in months. In addition to staying on top of those 5.50′s, we’ll explore the possibility of rolling up our strike price to the 6.00-level. We’ll just need to see the stock hold support at its previous resistance point of 5.72 on any early pullbacks.

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United Parcel Service, Inc. UPS

The next idea we came up with was to take a look at UPS April 8th $104 Calls, which we found attractive for a number of reasons that we listed in our report, and those contracts put up a top-notch performance as well.

They started out from a low of .47 and would end up hitting a daily high of 1.50; gains of up to 219% were there for the taking.

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SeaWorld Entertainment, Inc. SEAS

We were very interested in Seaworld’s PR concerning the halting of the Killer Whale breeding programs and theater show phase-out yesterday(>>View PR). The announcement was received well by the investing community, as well as the company seeing goodwill on social media for doing the right thing- at one point on Twitter, #Seaworld was trending in the Top 3 for the US in the wake of the news.

We set our sights on SEAS April 15th $18 Calls, and were met with an excellent intraday gain opportunity as they ran 150% from .40-1.00.


Sparta Commercial Services, Inc. SRCO

We also want to give ourselves a pat on the back for SRCO, which we included in yesterday’s extended watchlist. The stock made a respectable intraday move for us, to the tune of 60% as it traded in a range from .003-.0048 on roughly six times the 3-month average volume.


Bank of America Corp. BAC – Fresh Options Idea

BAC is currently gapping up in the premarket on news that the company will be increasing the scope of their share buyback program, and we’re going to signal a set of options contracts for observation to correspond with that. We’re going to be taking a look at BAC Weekly $13.50 Calls for a possible daytrade*.

*Don’t forget, trading weekly options contracts on a Friday is a very risky proposition, and is recommended for seasoned traders only.


Extended Watchlist:
DNR, CHK, WLL, XCO, GRPN, GDPM, LEGX, COTE(Possible bottom bouncer)

Blue Horseshoe Stocks: Form-4 Watchlist, Options Ideas & More

Insider Buying Watchlist

Both of the following are plays that we’ve tracked in some capacity in the past, and each of them grabbed our attention with recent insider transactions of a sizable magnitude which were executed at higher levels than the current PPS. We like to monitor stocks whose directors have confidence in future price performance, and that’s the impression we get when they soak up large blocks of shares in this manner. Each of these stocks is also currently trading at a relative bottom, so we’ll be watching in the days and weeks to come for signs of bounceplay opportunities. 

The ExOne Co.  XONE

In the case of XONE, CEO Kent Rockwell last weekend filed a Form-4 indicating the purchase of a $13M block of XONE at 9.13, more than a dollar per share higher than the current PPS. This is a significant development that warrants heavy monitoring for XONE.

Esperion Therapeutics, Inc. ESPR

The traunch of shares purchased by ESPR director Tim Mayleben wasn’t nearly as large as the previously mentioned block, but still, a $100K investment is nothing at which to sneeze. The trade was executed at 14.08 (Current PPS:13.77). ESPR has just come up off of its newly established 52-week lows, and has been going through a bout of serious under-performance, so we’ll want to keep our heads on a swivel for any developments that might kick this thing into gear.


Fresh Options Ideas

To kick things off this week on the options front, we’ve formulated a couple of ideas based on announced and expected earnings, and the resultant activity we’re observing here in the premarket.

Tiffany & Co. TIF

We’re looking at going bearish on TIF, which, on the heels of a lackluster holiday season in terms of jewelry sales, failed to meet or beat earnings expectations and is currently gapping down in early trading. We’re going to track a range of contracts here, namely the TIF Weekly $66.50-64 Puts, for potential daytrades.

Netflix, Inc. NFLX

NFLX has its earnings call slated for the post-market today, and we’re going to want to track a range of calls in anticipation of that event. We’ve witnessed runs into earnings so many times before, it’d almost be foolish to ignore NFLX under the present circumstances. We’re going to keep an eye on NFLX Weekly $105-107 Calls to take advantage of a possible continued run-up for the stock.


Extended Watchlist:
SBS, AEZS, SHOP, COTE, GDPM, BVAP, PLKD(Bottom-Watch), FREE(1-for-60 Reverse Split)

Blue Horseshoe Stocks: Options Recaps, Recovery Play & More


Options Recaps

Our closing thoughts in Friday’s premarket report included some options ideas pertaining to our bullish feelings on AAPL and the SPY.

Specifically, we targeted SPY Weekly $193-194.50 Calls, and AAPL Weekly $115 and $116 Calls and included the following warning: “Trading options with a weekly expiration on a Friday carries an inherently elevated risk-reward factor, and is certainly not for the faint-of-heart, or beginning traders.” That would have been an important thing to remember, because the markets did pull back toward the end of the day, eventually rendering those contracts worthless, but not before opportunities for some big intraday gains were presented.

Early trading ranges in our SPY Calls rendered the chance at gains between 70-130% while the AAPL Calls did considerably better. The $115′s made a 293% move from .27-1.06, and the $116′s took the cake with a 520% surge from a nickel up to .31!

Heron Therapeutics, Inc. HRTX Puts

We also had some successful ideas going in the opposite direction; our bearish sentiment on HRTX paid some excellent dividends via the options chain last week, as we were mentioning on Friday. The stock continued to backslide into the close, reaching the $30-range with a daily low of 30.06. From our observed high of 42.25 at the time of our initial alert last Wednesday that’s roughly a 30% loss.

It will be interesting to see if this morning’s PR from HRTX affects the dynamics of the chart.


Clean Coal Technologies, Inc. CCTC

We also want to make another quick mention of CCTC, which has continually set new highs for us in the month of September.

We tracked the stock to some more nice gains last week, as it made a healthy intraday move of 21% from .72 to .87. That extends the total range we’ve observed following our initial alerts earlier this month from a low of .36 to Friday’s high; a total move of 142% in just two weeks’ time.


Totally Hemp Crazy, Inc. THCZ

We tagged this old familiar play on Friday for the first time since spring, and it turned out to be fortuitous timing as the stock made a noteworthy intraday jump.  THCZ traded from a low of .09 up as high as .1189, a 32% spike.

We’ll begin to pay closer attention to this and other cannabis-related stocks as election time draws nearer and the issue of marijuana is once again tested on ballots. We’ll be open to the possibility of new waves of attention for the sector as a whole, and be sure to keep our ear to the tracks for relevant developments.



Pier 1 Imports, Inc. PIR

A failure to beat Wall Street’s expectations on both guidance and earnings led PIR to gap down on Friday, though the dip wasn’t sustained. After seeing a low of 6.84 the stock did manage to recover quite a bit of ground into a 7.61 close. This transpired at a time when the chart was already fairly oversold, and that effect has been magnified as we point out on the chart snapshot below.

We’re going to have PIR on an extended-term recovery watch. A return to even the 50DMA would spell significant gains from the current juncture.


Extended Watchlist:
GEQU, COTE, EQLB, IMUN, NESV, PBMD

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Blue Horseshoe Stocks: Reviewing COTE, DNRG & More

Coates International, Ltd. COTE

After tracking COTE over a monstrous 560% swing (.0025-.0165) on Tuesday, we cautioned readers that a dip-and-rip might be in the cards yesterday, and it’s a good thing that we did.

The follow-up move managed by COTE was smaller by comparison, but still very impressive in and of itself. The daily range on the stock was huge, as it surged from .0068 and once again ran into resistance at .0165. It marked an intraday move of 142% and came on more than six times the monthly average volume.

We’ll continue to reserve a place on our watchlist for COTE as we head into the end of the week; if its activity thus far is any indicator, we may yet see the development another opportunity for healthy daily gains.


Dominovas Energy Corp. DNRG

DNRG exploded off of our extended watchlist yesterday, where we included a tag of it and the interesting PR we found on a routine scan. It appeared others found it interesting as well, because the stock went on an absolute rip from .005 to .0125; a single session swing of 150%

It was fortunate that we were vigilant enough to catch this play for ourselves and our readers, which up until this week, had been trading by appointment only. After the considerable momentum in the stock yesterday, we’ll be tracking its activity for the remainder of the week.


Yesterday’s Successful Options Ideas

We tossed out some options-trading ideas in yesterday’s premarket report, and the profits were certainly there for the taking:

LinkedIn Corp. LNKD – We provided a wide range of LNKD contracts to monitor- Weekly $205.00-212.50′s:

$205′s – Range: 6.00-10.30 – Max Gain: 72%
$207.50′s – Range: 4.20-8.00 – Max Gain: 90%
$210′s – Range: 2.60-6.00 – Max Gain: 131%
$212.50′s – Range: 1.58-4.00 – Max Gain: 153%

The longer-term ideas we included for LNKD also bore fruit immediately:

08/21 $220′s – Range: 9.80-12.00 – Max Gain: 22%
08/21 $225′s – Range: 8.15-9.90 – Max Gain: 21%
08/21 $230′s – Range: 5.10-8.00 – Max Gain: 57%

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Petroleo Brasiliero SA (Petrobras) PBR -  We tagged the Weekly PBR $8.00-9.00 Calls for observation on PBR, and while the $8′s didn’t see much in the way of open interest, the $8.50′s ran from .38-.63 (+65%) and the $9′s made an even double bagger from .11-.22.


Extended Watchlist:
AVEO, GEVO, EKSO, DARA, NBY, NEON, AMPE

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