Blue Horseshoe Stocks: MIXX Update, New Ideas

Mix 1 Life, Inc. MIXX

Amidst a rough week for the markets, a stock that we were tracking beginning on Monday August 3rd. We caught it as a bottom-play with the stock looking extremely oversold, just having recorded new 52-week lows, and it has enjoyed a heck of a recovery since then as we suggested it might.

Our observed low on this play from last Monday was .95, and as of yesterday’s high at 3.64, we’ve officially witnessed an increase of 283% in a span of just seven sessions.

Volume has tapered off a bit, but we’re still going to want to keep MIXX on our running watchlist. While its recovery thus far has been impressive, the PPS is still just a fraction of what it was as recently as 6 weeks ago, when it was trading in the $5-range. Ideally, we’d like to see support hold at or above 3.20 on any pullbacks in order for us to remain interested.

Possible Bottom-Play

Medizone International, Inc. MZEI – Catching our eye on this relatively quiet morning is another stock that has just logged new annual lows. MZEI fell off a cliff yesterday, tumbling from .095 to just over a nickel. We’re going to slate this stock as a potential recovery play; support prior to that epic beating was in the .07-08 range, so we’ll be on the lookout for a rebound back to that region of the chart.


Possible Options Play

Direxion Daily Gold Miners Index Bull 3X Shares (NUGT) – This ETF has an options chain which is where we will look for trading opportunities, specifically in the NUGT Sept. 4th $5 Calls. Gold prices have enjoyed a steady climb for the past week; charts saw a reversal last Wednesday, and provided we witness a continuation of this precious metal’s rally, there could be some nice moves in those calls.

Extended Watchlist:
DSUS, CRGP, PPHM, SPY(Weekly $206 Calls)

AAPL, DUSS, ZOOM, ILST & Extended Watchlist

Apple, Inc. AAPL – Options

In Friday’s daily report, we were focusing in on AAPL options. We were watching the $550 Weekly Calls, which dipped as low as .66 before running as high as 8.35, a remarkable intraday move of 1165% They would close the session strong at 6.50. We had also added the $555’s to our radar. Those were as cheap as a nickle, and ran as high as 3.35, for an astonishing 6600% rip. You didn’t read that wrong. We said six-thousand, six hundred percent! Even the $560 Calls (that we mentioned would be a target provided AAPL broke through the $557-mark) traded in a vast range from .03 up to 1.51 (+4933%).

AAPL Options were certainly a trader’s paradise on Friday, so congratulations to anyone who caught our morning report and was able to get in on the incredible action! We’re looking for the upward momentum we saw in AAPL to continue into this week, and wouldn’t be at all surprised to see AAPL at, near, or above $600 by the end of 2013.

Dussault Apparel, Inc. DUSS

We mentioned Friday that if DUSS hold support above the .0007 area that we would remain interested in the stock. It managed to do more than that, trading in a daily range from .0008-.001, giving traders the chance at up to a 25% intraday gain.

We’re tracking DUSS following an announcement that the company would be shifting focus to the mining sector by acquiring some mineral claims, and so we’re going to want to follow that story to its conclusion. The claims, referred to as  “Montauban Gold Tailings” could mean a significant revenue stream for the company if they begin producing gold. While it’s still quite early in this developing storyline, it’s worth keeping an eye on moving forward.

Zoom Technologies, Inc. ZOOM

ZOOM came off of our watchlist on Friday and turned out to be quite an aptly-named stock. It zoomed upward from a low of 5.96, and afforded folks the chance at up to 39% in intraday gains as it touched a high of 8.30.

This comes on the heels of Friday’s announcement that the company had entered into a letter of intent to possibly acquire Baifen Tonglian IT Co., Ltd. which is one of China’s leading mobile ad services providers.

International Star, Inc.  ILST

ILST was another play from our radar on Friday, and it played out a classic dip-and-rip scenario during the day’s session. After touching a low of .002, the stock would rally to close at its high of day at .0028. That was good for an intraday opportunity at a gain of 40%

Extended Watchlist:

DUSS, ILST, TSLA, AAPL, ATRM & Extended Watchlist

Dussault Apparel, Inc.  DUSS

On Tuesday, DUSS released an 8K containing information regarding its pending acquisition of a gold mining property. This adds substance to this very cheaply-priced stock, and with Wednesday’s session seeing a high of .0011 on more than 10X its 3mo. average volume, now is a good time to start monitoring this stock.

The last significant spike on the DUSS chart took it as high as .0015, so a return to those levels from here could facilitate gains in excess of 50% or more. We’d like to see support continue to hold at .0006-.0007 in order for us to remain interested.

International Star, Inc.  ILST

We are introducing a new momentum play in ILST today. Like DUSS, ILST represents a company that has just shifted its business toward the mining sector.  Wednesday, the stock woke from a slumber, and moved from a low of .001 to as much as .0034 on record volume.

The company is currently working toward getting their claim prepared for production. The Van Deemen Mine property consists of five un-patented claims totaling approx. 100 acres, and an additional 18 un-patented lode claims in the surrounding area. As with any junior mining project, the road to production can be a long one, so there’s no sense of urgency here. But at its current price level and at this stage of the story, we thought it would be a good time to put ILST on the radar, and begin following its journey.

Tesla Motors, Inc. TSLA – Options Ideas

Turning our attention to options trading, we are taking a look at TSLA. With the current conditions on the chart appearing favorable for an uptrend, we are looking at 12/21 $120 Call, which last traded at 11.35, and 12/27 $130 calls, last traded at 6.35.

As you can see on the included chart, conditions appear to be gearing up nicely for a possible surge in PPS.

Apple, Inc. AAPL – Options

AAPL is another candidate to provide us with some good options-trading opportunities based on current conditions. AAPL weekly Calls could provide a nice day-trading opportunity today that could yield fast profits. We want to radar the 550, 555 and 560 calls, because all week long, AAPL has been making huge gains and the weekly Calls have made multi-bag gains.

If today’s action can repeat the activity we saw earlier in the week, we could be looking at some sizable gains from these Calls. AAPL $550 calls closed at .80, $555’s closed at .30, and the $560’s were at .12. It’s always safer to play closer to the money with your strike price, so we’re keeping that in mind. If AAPL can’t make its way past $555, the $560’s may not make the same kind of moves that expect from the $550’s and $555’s.

Aetrium, Inc. ATRM

We’ve been talking about ATRM since last Friday, and highlighted it once again on Monday. It would pull back early in the week, and then on Wednesday we got the move we were looking for. From Tuesday’s low of 4.19, the stock would hit a high of 12.40, marking a possible gain of up to 196% for anyone who loaded up on the dip.

Extended Watchlist: