Blue Horseshoe Stocks: Reviewing COTE, DNRG & More

Coates International, Ltd. COTE

After tracking COTE over a monstrous 560% swing (.0025-.0165) on Tuesday, we cautioned readers that a dip-and-rip might be in the cards yesterday, and it’s a good thing that we did.

The follow-up move managed by COTE was smaller by comparison, but still very impressive in and of itself. The daily range on the stock was huge, as it surged from .0068 and once again ran into resistance at .0165. It marked an intraday move of 142% and came on more than six times the monthly average volume.

We’ll continue to reserve a place on our watchlist for COTE as we head into the end of the week; if its activity thus far is any indicator, we may yet see the development another opportunity for healthy daily gains.


Dominovas Energy Corp. DNRG

DNRG exploded off of our extended watchlist yesterday, where we included a tag of it and the interesting PR we found on a routine scan. It appeared others found it interesting as well, because the stock went on an absolute rip from .005 to .0125; a single session swing of 150%

It was fortunate that we were vigilant enough to catch this play for ourselves and our readers, which up until this week, had been trading by appointment only. After the considerable momentum in the stock yesterday, we’ll be tracking its activity for the remainder of the week.


Yesterday’s Successful Options Ideas

We tossed out some options-trading ideas in yesterday’s premarket report, and the profits were certainly there for the taking:

LinkedIn Corp. LNKD – We provided a wide range of LNKD contracts to monitor- Weekly $205.00-212.50′s:

$205′s – Range: 6.00-10.30 – Max Gain: 72%
$207.50′s – Range: 4.20-8.00 – Max Gain: 90%
$210′s – Range: 2.60-6.00 – Max Gain: 131%
$212.50′s – Range: 1.58-4.00 – Max Gain: 153%

The longer-term ideas we included for LNKD also bore fruit immediately:

08/21 $220′s – Range: 9.80-12.00 – Max Gain: 22%
08/21 $225′s – Range: 8.15-9.90 – Max Gain: 21%
08/21 $230′s – Range: 5.10-8.00 – Max Gain: 57%

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Petroleo Brasiliero SA (Petrobras) PBR -  We tagged the Weekly PBR $8.00-9.00 Calls for observation on PBR, and while the $8′s didn’t see much in the way of open interest, the $8.50′s ran from .38-.63 (+65%) and the $9′s made an even double bagger from .11-.22.


Extended Watchlist:
AVEO, GEVO, EKSO, DARA, NBY, NEON, AMPE