Tag: DGLY

Blue Horseshoe Stocks: DRL, PBR & More

Doral Financial Corp. DRL

One of our main interests from this week has been DRL, and this stock put forth a very solid session yesterday. After seeing lows of 6.81 in the morning, the stock broke out in the afternoon to 9.29. That was good for an intraday run of 36%

Some of you may recall our initial alert on DRL back on July 23rd, subsequent to which we would observe a low of 4.61. Yesterday’s high marked a 101% move up from that level, over a span of less than a month.

Congrats go out to everyone who was tracking DRL along with us, as it provided a plenty-big chance for all to profit.

Lucas Energy, Inc. LEI

LEI appeared for the first time in our reports yesterday, and performed pretty well for a first-time call. Right at the open we tracked LEI from its low at .52 and saw a rapid spike to .69, which marked a gain of 32% right off the bat.

Those who missed the opening move still had a chance for a 15% intraday flip as LEI came back to bounce off support at .55 and ran back to .63 just prior to closing.

Petroleo Brasiliero S.A. (Petrobras) PBR – Tracking Options

We’re still all over the PBR options chain (in fact it has appeared in our reports more than 40 times since March) but we don’t see why anyone would be getting sick of our coverage, as every single one of our recent ideas on this play has paid out in a big way.

Yesterday was no exception; let’s break down our pre-market calls and see how they fared. We mentioned the $16.50  and $17 Weekly Calls for a quick intraday flip opportunity, and traders would have been very pleased to play either set of contracts. The $16.50’s ran 45% in a range from .91-1.32, while the $17’s traded from .50 up to .83; a possible gain of up to 66%

The January $19 Calls that we radared as a longer term option made a small move as well, trading in a range from 1.43-1.58 (+10%)

Those of you who may not recall our week-to-week swing trade idea from last Friday, let us refresh your memory. We mentioned that a play on the 08/22 $15.50 Calls could be good for a swing trade into this week, and the reulsts have been nothing short of astonishing. The contracts saw a low of .38 on Friday, and yesterday, showed us a huge increase, touching 2.17 for total possible gains of up to 471% Cheers to anyone who took our idea with more than a grain of salt!

Side Note:

From yesterday’s extended watchlist, FOLD also had a pretty solid session as it ran steadily from 5.02 in the early morning, to 5.99 around midday. A modest yet comfortable gain of 19%

Extended Watchlist:
DGLY, CPST, JRJC, AMSC, BSPM

Blue Horseshoe Stocks: Bottom Bounceplay & More

Lucas Energy, Inc. LEI

We’re looking at LEI this morning as a possible bottom bounce play. The stock has been under general consolidation for the past couple of months, and is getting to a point where we want to begin monitoring for a recovery.

A glance at the chart below shows a few indicators ready to go bullish, and a stock that is trading very close to its 52-week lows. As you know, we’re always interested in stocks near their annual low points; the strategy has worked for us on countless occasions.

It appears LEI has a bit of resistance to contend with in the channel between .55 (July support level) and the 50DMA of .57, but beyond that, there isn’t a whole lot in the way of this thing testing previous highs in the .65-.70 range.

Get More Info on LEI @ www.lucasenergy.com

Petroleo Brasiliero S.A. (Petrobras) PBR – Options Update

Our continual coverage of the PBR options chain has still yet to fail; if you recall, we were speculating on the 08/22 $15.50 and $16 Calls beginning on Friday, with the intent to execute a possible swing trade into this week. A move up that has PBR headed toward annual highs has facilitated quite the opportunity for us.

Those who were following along with our idea could have gotten in those $16’s at a low of .44 on Friday, and as of yesterday’s high of 1.28, the value of those contracts showed an overall  increase of 190% Not bad at all for a span of only three sessions.

We also observed some abnormally high volume in the January $19 Calls as they traded over 48K contracts. We’ll want to radar these Calls as well.

For another potential short-term play, we’ll also have an eye on the $16.50 and $17.00 Weekly Calls.

Extended Watchlist:
FOLD, DGLY, NQ, HPJ

Blue Horseshoe Stocks: The Week in Review

Looking Back on a Stellar Week

We couldn’t have asked for a better week of winning picks, especially coming off of a holiday weekend, so to wrap things up we’re going to go over all of our successful picks, and what kinds of moves they made.

GEI Global Energy Corp. GEIG

Of course the big winner for this week was GEIG, and in fact was one of our most successful picks in quite some time. We initiated coverage of GEIG on Wednesday, the stock opened up and saw a low of .0098 very briefly before exploding to a high of .08, a single-session move of 716% While it’s unlikely that traders could have picked up any of those sub-penny shares, the real action began around .015, still leaving the opportunity at a high number, with gains of up to 433% being very possible. The stock traded record volume.

Camtek, Ltd. CAMT

CAMT came off of Monday’s extended watchlist to perform exceptionally well for us, running from a low of 3.42 to 5.14, a solid 50% gainer on more than 40x its 3-month average volume.

GW Pharmaceuticals, Inc. GWPH

On Tuesday, we were talking about GWPH, stating: “Once we see a solid level of support established and GWPH begins to rebound, then we’ll be able to adjust our options-trading strategies accordingly.” Sure enough, the stock did indeed find solid support at 85.32. We would subsequently see an uptrend carry GWPH as high as 93.97. As a result, the $85 Weekly Calls traded in an impressive range from 4.30 to 9.60, a total possible gain of 123% while the $90 Calls made an even more impressive move. They would run from 1.55-5.69, giving traders a chance at profits up to 267% We’ll continue to watch those weekly contracts today for a possible intraday flip opportunity.

American Apparel, Inc. APP

This spring, we started reminding people that as the retail season approaches, APP is a stock that we traditionally play for nice gains every year. 2014 has proven no different. We saw a low of .51
out of APP on June 24th, and the stock has made more than a 100% move up, touching 1.05 during yesterday’s session. The retail season has yet to even kick into gear, and already we’ve been able to reap some excellent rewards from this retail stock; it will certainly remain on our watchlist as the summer begins to wind down.

Inception Mining, Inc. IMII

We first added IMII to our lists yesterday as a long term-mining play. We wanted the stock to hold support off of the 200DMA, and break resistance at the 50DMA, and that’s just what we got. The stock has made higher lows and higher highs over the past couple of sessions, so it appears we’re off to a great start with this one. On the chart, the RSI cracked above the 50-line, and the MACD is still heading for a bullish cross, so we’re still very interested to see what this play could do in the days and weeks ahead.

Extended Watchlist:
HALO, DGLY, JOEZ, EVRY, PBR