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

Blue Horseshoe Stocks: OHGI, OPXA Recaps & More

One Horizon Group, Inc. OHGI

We tagged OHGI in yesterday morning’s Extended Watchlist after catching it on a routine news scan, and were monumentally pleased to have done so. The interesting PR (Check out the link below) began a feeding frenzy which would boost the price of the stock exponentially.

The trading range on the day ran from an early low of 2.35, up to a new 52-week high of 5.84 on 45X the 3-month average volume, providing traders with the chance at gains of up to 148%, and we certainly hope some of our readers were among those to take advantage of the move!

The stock drew back to close at 4.30, and is gapping-down further in the premarket this morning so we’ll want to keep our eyes peeled for a bottom, and potential bounce-play opportunity.


Opexa Therapeutics, Inc. OPXA

OPXA put up a nice performance yesterday for the second straight day. We first tagged the stock on Wednesday, at which time we observed a low of .43 and a nice 26% move to .54 that day.

Yesterday, it continued to push the envelope, running from the daily low of .57 to .73; that was another good intraday run of 28%, and a total increase of 70% over our observed low from the prior session. OPXA is gapping up slightly in premarket trading, and we will leave it on our radars as we head into the weekend.


Pazoo, Inc. PZOO

We also want to touch briefly on PZOO, which sent out a new PR this morning alluding to further expansion into the cannabis sector. It also contains a reminder and details on the grand opening of the marijuana testing facility of Pazoo’s partner, MA & Associates coming up next week in Las Vegas.

As far as the chart is concerned, PZOO has been doing a good job of maintaining support above the 50DMA and building higher lows, which is what we’ve been looking for it to do. Now we’d like to see it break through the channel between its most recent swing high of .015 and the 200DMA of .018.

WHIPPANY, N.J., May 29, 2015 (GLOBE NEWSWIRE) — Pazoo, Inc. (OTC:PZOO) is pleased to report that it has formed a 100% wholly owned subsidiary called CannabisKing Distribution LLC. CannabisKing has been formed to be the marketing and sales agent for the distribution of non-controlled hemp products throughout the USA..>> READ FULL PR


Side Note – Trader’s Chat

We also ran across a big winner in AURI in our trader’s chatroom yesterday. The performance after we mentioned it to our members was staggering. It started out as low as .0019 subsequent to our 9:33am alert, and ran to .0045 (+137%). That was followed by a dip back to .0027 before it went on an absolute tear for the remainder of the session, hitting a high of .0075 (+177%).

This is why we always encourage our blog and/or newsletter readers to get involved in our chats if they have interest in doing so. Many winning opportunities not included in our premarket reports are offered up by ourselves and our members all the time! If you want to participate, all you need to do is send a Skype Contact Request to ‘stocksumo’.


Extended Watchlist:
PBMD, TBIO, PPHM, DCTH, DARA

Blue Horseshoe Stocks: JDST Review, Options Ideas & More

Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)

We highlighted JDST in Friday’s morning report, and on that day we observed a low of 11.40 following a gap-up. Bolstered jobs numbers and the continued strength of the dollar combined with a lag in gold prices fueled the beginning of what has turned out to be a solid run for this ETF.

Yesterday, it continued its uptrend, breaking through the 200DMA (14.46) and reaching as high as 14.50. That translates to a respectable two-session increase of 27%

We’ll be keeping a close eye on the spot price of gold which is currently holding support off of three-month lows, and urge caution moving forward. A significant rebound would effectively spell the end of JDST’s current momentum.


Vencor International, Inc. VCOR

We’re also taking notice of VCOR this morning on the heels of a premarket PR alluding to a massive 40% reduction of its authorized common stock. VCOR has recently been rebounding off of its lowest price in more than four months, and it’s possible we’ll see a continuation of that momentum as a result of today’s announcement.

Vencor Announces Reduction of 2 Billion Authorized Shares (Tue 8:30AM EDT)


Qihoo 360 Technology Co. Ltd. QIHU – Options Ideas

We’re catching QIHU in the midst of a morning gap-up today following the company’s post-market earnings beat yesterday. It’s leading us to formulate a couple of options-trading ideas that we’ll share with you now, along with a snapshot of the current chart to help illustrate the opportunities it presents.

The stock itself is coming off of a recently established 52-week low, which in and of itself is a phenomena for which we’re constantly on the lookout.

For a possible short-term swing trade opportunity, we’ll be monitoring the QIHU Weekly (03/13) $48-49 Calls. We’ll also be keeping watch over the 03/27 $50 Calls (Last Trade: 2.22) for a longer-term possibility.


Extended Watchlist:
DARA, INVT, BIOC, BONE

Blue Horseshoe Stocks: LOGL, CYTX Reviews & More

Legend Oil & Gas, Ltd. LOGL

We’re wrapping up what has been one of our most fruitful weeks of 2015 so far by taking a look at the move LOGL made after we flagged it in yesterday morning’s premarket report. It isn’t too often that we run across a play that goes from a low-subpenny PPS to barrel its way well past a penny in a single session, but that’s just what happened.

The stock rose steadily from a morning low of .0038 until early afternoon, when it broke through the 200DMA of .0077 and then really took off, reaching a high of .017 on volume which exceeded the monthly average by nearly six times.

That incredible run gave our readers the chance at intraday gains of up to 347%, so hearty congratulations are in order for anyone who was able to take advantage of our timely call!

The huge move was driven in part by the same acquisition news released Wednesday morning, which caused us to flag it in our extended watchlist at that time.



Cytori Therapeutics, Inc. CYTX

We tracked CYTX to modest gains earlier this week, and yesterday the stock really began to move on news that the FDA had given clearance for CYTX to expand the scope of clinical trials of ECCS-50, a treatment for Scleroderma. >>> READ PR

From an early low of .78, the stock trended up to a late afternoon high of 1.25, which registered as an 60% intraday run on huge volume of more than 20x the 30-day average!


Options Idea

We also have a possible daytrading idea for Monster Beverage Corp. MNST which is gapping up in the premarket today. The company just beat earnings expectations, sending it into blue skies.

In the likely event that we see a continued uptrend, we’re going to be looking at Weekly $135-137 Calls for potential quick-strike trades.


Extended Watchlist:
MGT, CLNE, ARCP, DARA, PPHM, SD

Blue Horseshoe Stocks: NQ Review & More

NQ Mobile, Inc.  NQ

Our coverage of NQ stretches all the way back to the Fall of 2013 when the stock made a huge run, and we tracked it to a similar albeit smaller-scale spike in October, so we are quite familiar with this play. We have good reason to re-assess NQ this morning in the wake of an interesting PR, coupled with a good positioning of the chart.

In terms of the NQ chart, there a couple of finer points that we’ll point out on the following snapshot:

This morning’s PR relates to a big open market stock repurchase by management which seems to be fueling NQ in the premarket. >>> VIEW PR  



Cannabis Coverage:

A few of the marijuana-related stocks we were mentioning yesterday morning managed to put up some solid numbers over the course of the day.

CBIS traded in a range from .068-.08 (+17%) on roughly 4X its monthly average volume.

MCIG did slightly better as recorded a 19% move from .15 to .178, trading more than twice its average volume.

EAPH
also had a heavy volume day to the tune of roughly 3X its average, and made a healthy jump of 21% as it traded from its open at .024 to a high of .029.

As medical and recreational marijuana acceptance continues to spread, we’ll need to keep a close eye on these and many other cannabis plays, as we tend to believe that growth in this arena will be more substantial in 2015 than any previous year.

A few other pot plays to watch this week: WDHR, NRTI, MDCN, LATF, VPOR


Extended Watchlist:
CYTR, NERV, FRO, CPST, DARA, MNK, SNSS, RNN

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