Tag: CRNT

Blue Horseshoe Stocks: Celebrating 6 Years!

Happy Anniversary to Us!

First thing’s first- today marks the SIX YEAR anniversary of when we launched BlueHorseshoeStocks.com, our home on the web, and place to store and make available every single newsletter we’ve ever sent out during that time! We’ve unfailingly brought ideas to the table every trading day since then and want to take this opportunity to thank all of our readers who we value so much. From the most loyal who have been with us from the beginning, to every single person we picked up along the way. Cheers to all!

GoPro, Inc. GPRO

We put a set of options on watch for GPRO on Friday morning, and the potential single session gains that were there for the taking ranged from very good to downright fantastic!

Our highlighted range was the GPRO Weekly $9-10 Calls, and the intraday move that the stock itself made from a low of 9.31 up as high as 10.38, facilitated the following gain opportunities:

$9 Calls – Range: .34-1.35 – Max Gain: 297%
$9.50 Calls – Range:.13-.84 – Max Gain: 546%
$10 Calls – Range:.01-.40 – Max Gain: 3900%

As you can see, the chances for profits were exponentially greater, the higher the strike price chosen, but all around the idea turned out to be solid no matter what.

Eros International, plc EROS

We want to place EROS on watch as a possible bottom-bounce play this morning, after noticing a couple of different factors at work. The stock spent the past several sessions getting pummeled down to new 52-week lows, which in itself would be enough to catch our attention.

This morning we’re seeing a notable gap-up in the premarket, on the news that the Indian film company has entered preliminary talks with Apple to sell its entire content library. (>>View PR)

The stock was recently trading in the $14 range, and a return to that level does not seem out of the question, so we want to keep an eye on EROS as we kick off a new trading week.
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Extended Watchlist:
IIVI, AKS, XXII, CRNT, CLNT, ATHX, CYCC, XNET

Blue Horseshoe Stocks: NVDA Review & More

Nvidia Corp. NVDA – Recap
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Focusing on NVDA Friday morning on the heels of its earnings beat turned out to be a fantastic idea. It was a great way to cap off a week filled with solid options trading ideas.

The stock itself made an incredible intraday run of nearly 30% and as a result, our specific area of interest, the NVDA Weekly $77-80 Calls, yielded some great chances for huge single-session profits. That included nothing less than 201% and one that even went for a ten bagger!

The potential gains were as follows:

$77 Calls– Range: 2.87-11.55 – Max Gain: 302%
$77.50 Calls – Range: 3.62-10.90 – Max Gain: 201%
$78 Calls – Range: 2.00-10.55 – Max Gain: 427%
$78.50 Calls – Range: 1.33-8.70 – Max Gain: 554%
$79 Calls – Range: 2.04-9.55 – Max Gain: 368%
$79.50 Calls – Range: .81-5.00 – Max Gain: 517%
$80 Calls – Range: .70-8.15 – Max Gain: 1064%

Congrats are due to any of our readers who used our hunch to help bank a piece of these serious profits!
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Fresh Options Idea:
HAR Weekly $100-110 Calls

Cannabis Sector – Video Update

We also want to provide an update on cannabis stocks, which we promised to continue following on the heels of legalization happening in three states last week. We’ve done so in the form of a quick video review of some of the more high profile plays, like MJNA, CBIS, PHOT, GRNH, and NEWC.

After a pullback around election time, pot stocks in general began to gain steam again at the end of the week. We’ll be watching carefully for the recording of higher lows and higher highs across the board.

  Click the graphic below to view the presentation:

Primero Mining Corp. PPP

We also want to take heed of a bottom-watch play we’ve identified this morning. PPP reached new 52-week lows on Friday, after a disappointing earnings release earlier in the week sent the stock into a tailspin.

We’re always looking for bargains, and to find one in a gold play in the midst of a solid run-up for the precious metal, has the potential to be especially fortuitous. As a quick glance on the chart below will show, the stock is presently heavily oversold and searching for an ultimate low here. We’ll want to be ready to strike when the reversal occurs.

Extended Watchlist:
VAPE, HEMP, OWCP, MYDX, SINO, CRNT, DRYS, X

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,