Tag: DG

Blue Horseshoe Stocks: Options, Bottom-Plays & More

Dollar General Corp. DG – Recap

After a beat on sales and profits for the quarter and a chart primed for a bullish move, we highlighted the DG Weekly $75-78 Calls and we’re happy to report that each and every one of the contracts contained within that range recorded huge intraday moves for us.

Regardless which set of the seven was chosen, multi-bag gains were there for the taking:

$75 Calls – Range: .92-3.10 – Max Gain: 237%
$75.50 Calls – Range: .64-.2.22 – Max Gain: 247%
$76 Calls – Range: .40-2.05 – Max Gain: 412%
$76.50 Calls – Range: .24-1.20 – Max Gain: 400%
$77 Calls – Range: .12-1.21 – Max Gain: 908%
$77.50 Calls – Range: .06-.80 – Max Gain: 1233%
$78 Calls – Range: .05-.45 – Max Gain: 800%

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Lululemon Athletica LULU – Fresh Ideas

Lululemon had an earnings beat of its own yesterday post-market, so we want to formulate some ideas for the LULU chain as well.

Not only is the stock gapping up on earnings, but like DG yesterday, the LULU chart was already looking like a bottom-play with premium potential. That’s why we want to formulate both a short and long term set of ideas for LULU options. The LULU Weekly $55-57.50 Calls*, to coincide with the immediate boost in activity off of these earnings, and the LULU 06/30 58.50-60.50 Calls in the event of a protracted recovery.

*We never highlight options with a weekly expiration on a Friday without an explicit warning. That should tell you how risky it can be. So if you’re not an expert trader, don’t even think about it!

Synergy Pharmaceuticals, Inc. SGYP

We also want to put SGYP on watch today after noticing that the stock is coming off of its 52-week lows. That’s always a chart setup that we’re going to look at, but in this case the lows followed shartly after the company producing positive Phase III data on its TRULANCE™ drug, which is already approved by the FDA.

We’ve included a chart snapshot here, and you can plainly see, the stock had been beaten back severely and is only just now beginning to mount a rebound.

Extended Watchlist:
DOLV, USRM, ICNB, ANW, CGG, ANTH

Blue Horseshoe Stocks: GYST Video, Other Updates

The Graystone Company GYST

Our first order of business this morning is to provide an update on GYST, which was the subject of our special report yesterday. If you did not catch our report, you can do so by hitting the following link >>GYST REPORT

To illustrate GYST’s performance during yesterday’s session, what better way to go over it than a video chart from our very own Stock Sumo! Click through to the video below, and also receive a quick lesson in understanding Level 2 quotes, which is vital for any beginning trader to take the next step!

>>GYST Video

The dip-and-rip we saw in GYST from .007 to .012 represented an intraday upswing of 71%, so, a very good first day of observation. As Stock Sumo was mentioning, we want to see GYST hold support at or above the channel between .0064-.007 on any pullbacks, and will look for an eventual break of resistance at .0125.

OTHER UPDATES:

Viva Entertainment Group, Inc. OTTV -We tagged OTTV in  Friday’s extended watchlist and we wanted to circle back this morning to mention the solid activity that followed from this stock over subsequent sessions.

On Friday, we observed a low of .0004 and witnessed a pretty nice 75% rip to .0007. As of yesterday, OTTV had extended its high to .001, and boosted our three-session observed upswing on the stock to a nice, round 150%
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Pilgrim Petroleum Corp. PGPM – For another quick update, we’ve witnessed a pretty good two-day swing in PGPM after alerting it in Tuesday’s premarket report, and observing a low of .011. Yesterday, the stock hit .0183, which was good for a respectable overall move of 66%

Dollar General Corp. DG

We want to leave off this morning with an earnings-related options idea. We’ve had a ton of success this earnings season, and will try to keep that going with Dollar General.

Not only did the company reveal a beat on sales and profits for the quarter, but the current chart setup was already primed for a bullish move. We’ll be putting the DG Weekly $75-78 Calls on watch for potential day and/or swing trades.

Extended Watchlist:
SPI, MNKD, PLX, DXTR, CYTX, NIHD

Blue Horseshoe Stocks: Updates on PPCH, Options & More

Propanc Health Group Corp. PPCH

We played PPCH like a fiddle this week, after calling attention to it in Tuesday morning’s premarket report. That morning, we observed a low of .0188 and the stock hasn’t looked back since. What followed has been three consecutive sessions of higher highs and higher lows.

Yesterday’s intraday performance alone was quite respectable, with PPCH running from a daily low of .0225 to a new high of .037. That represented a spike of 64% on the day, and a total increase of 97% over our observed low from Tuesday.

We’ll be interested in PPCH as long as it maintains support above the current 50DMA (.019), while the next bank of resistance is sitting at the 200DMA at .042.

Dollar General, Inc. (DG)

We offered our two cents on how to take advantage of Dollar General’s earnings beat yesterday, and that was with the DG Weekly $78-80.50 Calls. With the exception of the 80.50’s, which didn’t trade much volume, every one of the contracts in our target range exploded for exponential gains!

$78 Calls – Trading Range: .55-5.00 – Max Gain: 809%
$78.50 Calls – Trading Range: .40-4.70 – Max Gain: 1075%
$79 Calls – Trading Range: .60-3.53 – Max Gain: 488%
$79.50 Calls – Trading Range: .27-2.10 – Max Gain: 678%
$80 Calls – Trading Range: .66-2.79 – Max Gain: 323%

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Bonus Options Ideas*:

SPDR S&P 500 (SPY) – Weekly $199-202 Calls

Finisar Corp FNSR – Weekly  $15 and $16 Calls

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Weekly $175-185 Calls

*As we always do, let us warn our readers o  the extreme caution which must be exercised by anyone attempting to trade weekly contracts on Friday. It’s a high risk proposition, and not for the faint of heart!

Mexus Gold US  MXSG

We also want to take a second and update readers on another of our recent successes. MXSG started appearing on our radars back on February 5th when it was as low as .0016. In a little over a month’s time we’ve witnessed a 1025% gain (a/o yesterday’s .018 high).

Those who may have missed that original alert still could have caught our reminder this week on Wednesday. The stock was trading as low as .011 at the time, and at yesterday’s high mark, we’d seen a two-session swing of 64%

Extended Watchlist:
VDRM, CABN, CDCH, POTG, FRO, CRK, WLL, BCEI

Blue Horseshoe Stocks: BBLU Update & More

Blue Earth, Inc. BBLU – Update

While we most commonly look for short-term, quick-strike trading opportunities, every so often we’ll sneak in a longer-term play, and that’s just what we did on Tuesday of last week with BBLU.

BBLU had just begun to undergo a massive selloff with no prompt from a filing or news release. This caused us to take notice and tag the stock for extended observation. Our exact words were “We’ll go ahead and reserve a slot on our radar screens for BBLU with an extended bottom-watch designation. It’s far better to show up to the party early and be ready to strike immediately upon the slightest hint of a rebound.”

As it turns out, we were absolutely spot-on in our assessment of BBLU and how to approach it. After ultimately bottoming out at a low of .04 at the end of last week, the recovery has been a thing of beauty. BBLU caught fire and ran back to a subsequent high of .23, regaining its lost ground just as we suspected. That’s an incredible 475% swing!

As we point out on the chart below, things are still looking ripe for yet another leg-up, so we’ll keep a keen eye on BBLU in the sessions ahead.

Added Notes:

Speaking of bottom-plays, we have a couple of other familiar stocks that are just now trading at their own recent lows, and could be in line for recoveries.

We’ve been tagging them in our extended watchlists recently, and we’re going to have them both on a more intensive watch moving forward.

Axion Power International, Inc. AXPW

Skyline Medical, Inc. SKLN

Fresh Options Idea

We’ll look to further our success with options plays this week with an idea we feel has good potential based on a favorable earnings report.

Dollar General, Inc. (DG) is gapping up this morning into the $79-range, so we’re going to be on the lookout for a possible dip-and-rip situation, whereupon we’ll be tracking DG Weekly $78-80.50 Calls for possible daytrade and/or swing trades into tomorrow’s session.

Extended Watchlist:
AVXL, ANTH, BOX, RUN, HGG, PGEI, DEAC, SCIE

DG, AZFL, GERN & Today’s Extended Watchlist

Dollar General Corp. DG

Yesterday, we pointed to Dollar General as an options trading candidate as we were anticipating their earnings being released today. The report, out this morning, exceeded the expectations of many, and alluded to a total sales increase of almost 11%.

Earnings Per Share increased by roughly 25% as well as the company reported its most favorable Q3 results ever. Folks interested should definitely tune into this morning’s conference call.

Despite having such positive financials, the company issued a cautious guidance along with the report, so we want to be wary moving forward. Another reason to listen in to the call and get the 411 on DG:

The Company will hold a conference call on Tuesday, December 11, 2012, at 9:00 a.m. CT/10:00 a.m. ET, hosted by Rick Dreiling, chairman and chief executive officer, and David Tehle, chief financial officer. If you wish to participate, please call (866) 710-0179 at least 10 minutes before the conference call is scheduled to begin. The pass code for the conference call is “Dollar General.” The call will also be broadcast live online at www.dollargeneral.com under “Investor Information, Conference Calls and Investor Events.” A replay of the conference call will be available through Wednesday, December 26, 2012, and will be accessible online or by calling (334) 323-7226. The pass code for the replay is 56954859.

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Amazonas Florestal Ltd AZFL

AZFL hit a new high on Monday, reaching .09, and marking a gain of roughly 100% since we first began talking about this play.

With a very interesting backstory, and a currently well-performing stock, AZFL is one that we will continue to watch on a more long-term basis, well into the New Year.

AZFL is engaged in environmentally-safe and sustainable forestry practices in Brazil. Through cyclical and selective harvesting, the company preserves the integrity of its portion of the amazon rainforest. In addition to purchasing the necessary carbon offset credits, Amazonas also has plans to use the low grade biomass (upper branches and other material unsuitable for timber) to fuel an on-site generator to further negate consumption, as well as for sale of the surplus to local power authorities.

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Geron Corp. GERN

Following our alert of GERN yesterday, the stock traded in a range from 1.17-1.43, making gains of up to 22% possible. We will be keeping this stock on our radars as the week continues.

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CirTran Corp. CIRC

Another nice gainer from our extended watchlist yesterday, CIRC saw a daily range of .0019-.0034 for a possible 80% intraday gain.

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Extended Watchlist:
SOMX, CRME, CLDX, 

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