Tag Archives: EGLE

Blue Horseshoe Stocks: DRYS Recap & Much More

Posted on by

Dry Ships, Inc. DRYS

Yesterday we noticed that DRYS, a stock that has been in heavy decline since early this spring, had strung together a couple of decent sessions last week, so we tagged it for observation in our watchlist.

It was a good thing that we pointed it out when we did, because the move it made yesterday made the previous sessions’ activity seem like small potatoes by comparison. The Greek shipper made one of the largest single session leaps in its history, and we were right there waiting to take advantage.

From an early low of 13.60, the stock ran as high as 42.86 affording traders the chance to bank profits of up to 215% on the day. For a $10+ stock, that’s an absolutely incredible single-session move, and it came on well over two times the 3-month average volume. DRYS is now at its highest PPS since June, so congratulations to anyone who tagged along for the epic ride!

The stock is gapping up past the $50 mark in the premarket, so we could stand to see even further increases from this juncture.
______

Added Note:  We’re seeing ripple effects throughout the shipping sector, which is as hot as we can ever remember it being. As a result, we’ll place a couple other related plays on watch as well with SALT and TOPS.

Nokia Corp. NOK

We’ve had plenty of experience with NOK in the past, although we haven’t talked about it since May. We;re swinging back around this morning as we’ve noticed the establishment of a new 3-year lows on the stock.

We want to place the stock on bottom-watch at the present time as the chart is beginning to crack into heavily oversold territory, with the addition of a bullish MACD cross which just occurred. As you can see below, the histogram is also set to flip to the upside.

There’s potential for a good play on the stock itself, but of course, we’d also like to highlight a range of extended-term options ideas to use to our advantage if the eventual recovery plays out as we suspect it might. Our targets for the time being are going to be the NOK 01/20 $4 and $5 Calls.

Five Star Quality Care, Inc. FVE

We have an interesting scenario unfolding with FVE that we’d like to point out as well. On Friday, a Form-4 was filed on behalf of an FVE insider outlining the purchase of just under $54M worth of common stock executed at 3.00 (>>View Filing). The interesting thing is, the PPS on FVE was in the mid-$2 range at the time, where it still remains.

Such a vote of confidence by someone with inside knowledge of the company’s inner workings and future, is more than enough to sound the alarms for us. We’re going to immediately place FVE on watch and begin monitoring the stock for a reversal.

Added Reminder: Cannabis stocks are continuing to come back after a period of consolidation, after several new states voted put either recreational or medical marijuana on the books. Despite having many other things to focus on in the current markets, we don’t want to let marijuana plays slip off of our radar for even a moment, as the next big leg up could be just around the corner.

Extended Watchlist:
AHCP, BLTA, SPCL, IMMA, BTGI, EGLE,

Blue Horseshoe Stocks: SRPT Options Through the Roof & More

Posted on by

Sarepta Therapeutics, Inc. SRPT – Update

We caught SRPT Wednesday on the heels of the stock’s 52-week low, and immediately pounced with an options idea. The SRPT Weekly $10.50 and $11 Calls produced gains of 237% and 159% respectively that day, and when we followed up in yesterday’s premarket report, we made sure readers understood that those gains would “pale in comparison” to the ones we expected once the session kicked off. We were absolutely correct.

The $10.50′s which we caught at .40 on Wednesday, set a new high of 4.23 to extend our total possible gains to 958%   $11′s whose low from Wednesday was .39 rushed to a high of 4.04, marking a two-day swing of 936%

Pertaining to SRPT stock itself, the two-session move has been impressive there as well, trading up in a range from 8.00 to 15.38, for a highly respectable 92% increase. Cheers to any of our followers who caught on with SRPT, because there were profits to be made across the board!

Chatroom Reminder

We don’t inundate our readers with reminders about our daily live traders chats (Open to all, just send a Skype contact request to ‘stocksumo‘) but every so often we like to give everyone a peek into what typically goes on.

We had our old friend DJ provide the room with a trio of ideas at midday in the shipping sector and all three (PRGN, EGLE and DRYS) continued to stack on some serious gains subsequent to the alert.

Once again, we welcome participation on any level from all of our readers, even if you just want to drop in and see what’s buzzing in the room. Just send that Skype contact request to our very own ‘stocksumo’ and he’ll get you in right away!

______

Bonus Shipping Play: We also want to add GLBS to the list of shippers we’ll be monitoring after this sector-wide momentum boost. We’re looking for a continuation of that today and possibly into next week.

Fresh Friday Options Ideas

We’ve got a few prime ideas based off of more Q1 earnings beats, so it’s time to put our options-trading hats back on for the following three plays:

Amazon.com, Inc. AMZN  – Weekly $670-680 Calls

LinkedIn Corp. LNKD – Weekly $132-134 Calls

Shire plc SHPG – Weekly $190-192.50 Calls

*As we always caution our readers, remember that trading weekly options on Friday is very risky. To be attempted only by expert traders!

Extended Watchlist:
ROVI, HK, MNST, P, DWA

Blue Horseshoe Stock: EGLE, SFOR Video Recap & More

Posted on by

Eagle Bulk Shipping, Inc. EGLE

We also had a new idea to start the new trading week yesterday morning by spotting and relaying a momentum play that had built a nice looking chart over the preceding sessions, but still appeared to have room to the upside.

A solid performance followed, as our reliance on the bullish indicators on the chart proved to be well-founded. EGLE still had gas left in the tank and responded with a respectable intraday increase of 31% nearly all of which was held into the close.

The stock has taken that head of steam and breached the one dollar barrier in the premarket this morning, so we’ll be very interested to continue monitoring its activity as the market opens up today.

Strikeforce Technology, Inc. SFOR

We were just updating our readers yesterday morning on SFOR, a stock which we introduced to our reports on March 31st at a low of .0007, that had already made impressive gains to the tune of more than 150%

The stock’s single day performance would nearly equal that yesterday, as it bulled its way higher throughout the entire day. It traded up from an early low of .0014 and went on to hit .0034, which worked out to a 143% intraday rip, and came on more than ten times the 3-month average volume.

From our observed low of .0007 from two Thursday’s ago, yesterday’s high translates into an overall 386% move to the upside!

We prepared a video presentation outlining the highlights of both EGLE and SFOR which you can find here:

GEVO, Inc. GEVO

We’ve talked about GEVO in our reports before, and this morning the stock is catching our attention once again after appearing in the news with an exciting revelation.

According to the release “Gevo’s renewable alcohol to jet fuel (“ATJ”) is now eligible to be used as a blending component in standard Jet A-1 for commercial airline use … Gevo’s ATJ is eligible to be used for up to a 30% blend in conventional jet fuel for commercial flight”

In addition to a door swinging open for its ATJ product, GEVO also happens to be in a good place on the chart, so we’ll definitely be putting this stock on intensive watch in sessions to come.


Added Note: Another stock which has begun to trend up off of its bottom is Rex Energy Corp. REXX, which caught a wave of momentum yesterday as it was announced that REXX had entered into a lucrative purchase agreement that will send its natural shale gas to Europe. The stock is gapping up again this morning, so we’ll be placing it our on radars as well.

Extended Watchlist:
MRPI, DEAC, SRNA, HLX, LIFE,

Blue Horseshoe Stocks: Fresh Ideas, Reviewing Winners & More

Posted on by

Eagle Bulk Shipping, Inc. EGLE

We caught sight of a stock that’s been building a cherry of a chart in the form of a nice bottom-bounce, the momentum from which it has sustained over the past four sessions.

We went ahead and pointed out a few highlights on the chart below. Despite already being up considerably above recent lows, a number of indicators still give us a bullish feeling on EGLE at the moment. We’ll be looking for a break of key resistance at the current 50DMA of .83. As you can see, the stock has demonstrated high month-to-month volatility, and recently made a brief but impressive swing into the three-dollar range.

We’ll keep the play on our radar in coming sessions as a return to much higher levels seems perfectly plausible at the present time.

PBR Options Recap

Before we jump into the fresh ideas we’ve worked out for today, we just want to take a second to go over the gains possible from one of Friday’s options calls. We said we wanted to track the PBR Weekly $5-6 Calls, and it was the 5.50′s that performed the best for the day.

We saw those contracts trade up from a low of .18 and reach .32 for a solid chance at up to 78% profits for the session.

Strikeforce Technology, Inc. SFOR

We also want to recap the excellent performance we’ve seen from SFOR in the seven sessions since our initial alert on the stock in our premarket report from March 31st. On that day, we witnessed a low of .0007, and the stock hasn’t looked back yet.

On Friday alone, the stock made a healthy 80% intraday rip from a low of .001-.0018. That high also registered as a 157% overall upswing over our observed low.

Extended Watchlist:
TALK, MLCG, CGRW, CANN, LIFE, GALE

Blue Horseshoe Stocks: Reviewing a Monster Monday

Posted on by

Monday’s Huge Winners

We kicked off the week in grand fashion yesterday, with what was easily the most successful single session for stocks we’ve had so far in 2016. We had an incredible three picks, all energy-related stocks, make gains of at least a hundred percent concurrent with the continued bolstering of oil prices.

SandRidge Energy, Inc. SDOC

We continued to track SDOC yesterday, after our mention in Friday’s premarket report netted a chance at up to 35% in intraday gains (.05-0674), and the surge was sustained and multiplied. After gapping up to open at .075, the stock bulled its way to an afternoon high of .154, for a solid double-bagger (105%).

From our observed low of a nickel on Friday, yesterday’s high marked a two-session swing of 208%

______

Penn Virginia Corp. PVAH

Undoubtedly our top-gaining pick of the day, PVAH was off to the races promptly at the open.

It was a pleasure to watch as it spent the entire session in beast-mode, ramping its way up from .112 to .38 on immense volume! That’s an increase of 239% on the day, so big cheers go out to any of our readers who were able to take advantage of this gem!

______

Goodrich Petroleum Corp. GDPM

GDPM came up big as well with an excellent intraday run, while managing to hold a majority of its daily advances into the close.

It started out with a rip from .0875-.1998, an intraday move of 128%, and came in at .174 at the closing bell, finishing the day on roughly 5x its 3-month average volume.

______

Linn Co. LLC (LNCO)

While LNCO didn’t crack the double-bag threshold, it certainly had a solid session and came close. The stock traded in a range from .95-1.70, offering up intraday gains if up to 79%

______

Breightburn Energy Partners, Inc. BBEP

BBEP also put forth a modest, yet respectable performance, rounding out our group of gainers for the day with a run from .80-1.25. That gave folks a shot at gains as high as 56% on the day.

Options Ideas

We’re also going to go ahead and formulate a couple of options trading ideas this morning- one long, and one short:

Urban Outfitters, Inc. URBN - Weekly $29-32 Calls  

Shake Shack, Inc. SHAK -  Weekly $40-37.50 Puts

Extended Watchlist:
AXPW, PPCH, BLKG, TPLM, EGLE, SBGL, SKLN(Possible Rebound Play)