Tag: EGBN

Blue Horseshoe Stocks: GW Pharma & More

Eagle Bancorp, Inc. EGBN

After realizing that EGBN had been the target of dishonest short-seller tactics, we tagged some options ideas on the morning of December 5th – the EGBN 12/15 $50-60 Calls. The stock had been absolutely hammered in the previous session.

We saw some really nice moves from those contracts when EGBN immediately began to rebound ranging from 73-200% The stock dealt with some resistance over the later portion of last week and into this Monday, but managed to continue its recovery and go on to set another new high yesterday.

That produced another opportunity in a couple of the contracts we highlighted, with the $55 Calls trading from 1.20-4.40 for a 267% swing, and the $60’s exploding for a 600% rip from .10 to .70.

GW Pharmaceuticals plc GWPH
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We’re looking at a familiar cannabis stock in GWPH this morning as the company is receiving some positive attention over its announcement that it had reacquired the rights to develop Sativex, a 1:1 THC/CBD extract blend oral spray product.

The stock is seeing some bullish premarket activity, and we’re going to signal a pair of corresponding quick strike options calls. We’ll be looking for a dip and rip scenario, and tracking the relation activity in the GWPH Weekly $125 & $130 Calls.

Extended Watchlist:
ARGX, CLRB, TANH, MYO, MRNS, BIOA, DRRX

Blue Horseshoe Stocks: DPW, PTOP & More

Peer to Peer Network PTOP

We originally alerted on PTOP on the morning of November 8th, well before the huge run that the stock would launch into weeks later on the back of bitcoin-hysteria. Our observed low on this crypto-related play was all the way down at .0004.

Flash forward to this week, and PTOP has been launched to new highs as Bitcoin itself continues to set new all-time highs, this morning hitting $11,855.73 shortly after 8:30am eastern.

Yesterday the stock hit .014, marking a 3,400% increase from our witnessed low, in a matter of just twelve trading days!

Digital Power Corp. DPW

We signaled DPW, another crypto play, in yesterday mornings premarket report, and it too surged to new highs with the help of the continued bitcoin explosion, as well as the company’s unveiling its subsidiary’s plans to launch a line of line of advanced hardware for digital mining of cryptocurrencies, including Bitcoin.

Our call came just in the nick of time for us to catch a very solid intraday run from DPW, which traded up from a low of 2.15 to a high of 3.49, recording a 63% intraday push to the upside. It’s also closed at its high of day on heavy volume./ Coupled with this morning’s new all time highs for Bitcoin, and we have the conditions necessary for this stock to continue its bullish ways.

Eagle Bancorp, Inc. EGBN

After realizing that EGBN had been the target of short-seller manipulation, we reported this to our readers yesterday morning, and placed the EGBN 12/15 $50-60 Calls on watch “for what should be a forthcoming recovery”. We’ve already seen our take on the situation vindicated in one session, as the stock rebounded predictably after having taken a nosedive on Friday.

That resulted in a good start to our extended-term recovery options ideas, with the following intraday gains being posted:

$50 Calls – Range: 4.40-7.60 – Max Gain: 73%
$55 Calls – Range: 1.80-3.90 – Max Gain: 117%
$60 Calls – Range: .40-1.20 – Max Gain: 200%

Extended Watchlist:
EYES, COLL, GIII, SNAP, RGC,

Blue Horseshoe Stocks: RIOT, EGBN & More

Riot Blockchain, Inc. RIOT

We began tracking RIOT on November 2nd at a low of 6.33, mentioning it three times over the course of the next month. The stock saw a massive run ending last Monday hitting a high of 21.76, for a hefty move of 244%

It spent the rest of the week beginning to rebound off of the pullback to the $12-range which followed that huge spike, and is presently trading back in the $16-range. We’re going to want to continue to keep an eye on this blockchain related play, as almost anything even remotely tied to the white-hot sector has a chance to see further surges at any time if the price of BTC sees more new highs. As of this morning, one Bitcoin is worth just over $11,000USD.

Verizon, Inc. VZ

It has been a very solid run for VZ since we signaled a range of contracts to observe on the morning of November 17th, the VZ 01/19 $45-48 Calls.  We saw the stock trading at 44.62, and that was followed by sessions after session of new highs leading all the way through Friday, when it reached  51.55.

We wanted to provide yet another update on the total ranges of gains that were available in our options idea in the two weeks we’ve been tracking it now:

VZ 01/19 $45-48 Calls
$45 Calls – Range: 1.08 -6.40 – Max Gain: 493%
$46 Calls – Range: .59-5.48 – Max Gain: 829%
$47 Calls – Range: .39-4.56 – Max Gain: 1069%
$48 Calls – Range: .23-3.34 – Max Gain: 1352%


Eagle Bancorp, Inc. EGBN

We noticed an interesting set of events playing out with EGBN- the stock absolutely fell off a cliff last week, tumbling from nearly $70 on Wednesday, to the low $46-range on Friday. Apparently it was the result of a hyped up short seller report by Aurelius Value, an anonymous online firm that supports short-sellers. The company published a statement of its own calling the report “a deceptive and materially misleading piece“.

We tend to give credence to the actual company’s public statement rather than a group of shorts hiding behind a curtain somewhere. That’s why we’re going to place the EGBN 12/15 $50-60 Calls on watch in the days and weeks ahead, for what should be a forthcoming recovery in EGBN.

Extended Watchlist:
APRN, ASNA, CHFS, DPW, MDGS, PXS, UUUU, RSLS