Blue Horseshoe Stocks: Options Ideas & More


American Green, Inc. ERBB

We’ve seen a great performance out of ERBB over the past few sessions, since including it in Thursday morning’s premarket report. That morning the company had announced that it had purchased the entire town of Nipton California (>>View PR) with grand plans to turn it into a cannabis tourism destination.

Since then, ERBB has seen a big move on the chart, trading up from Thursday’s low of .0012 to a new 52-week high of .0046 yesterday, marking a three-day swing of 283% on the highest volume we’ve seen out of the stock since last fall.

We’re interested to keep an eye out for updates on the Nipton project, which will apparently consist of several facets including production of CBD-infused water sourced from local aquifers. ERBB is a stock we’ve followed for years, but we’ll want to pay extra attention in the weeks and months ahead to stay on top of that story and see how it affects the stock.


Options Ideas

Valeant Pharmaceuticals International, Inc. VRX – Despite a Q2 loss and guidance reduction posted in its report, VRX, which had been on a downtrend for several sessions prior, surged in premarket trading this morning.  We’re going to want to try to take advantage of the volatility created here with a set of options to track for potential swing trades. .

We’re going to be watching the VRX Weekly $16-17.50 Calls which could see some big activity following a potential early dip from profit-taking followed by a rip to new highs.

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Michael Kors Holdings, Ltd. KORS – On the flip-side, KORS is a stock that was experiencing a pretty good uptrend for an extended period leading up to its own earnings report, in which the company easily exceeded Wall Street’s expectations, and raised guidance.

Like the previously mentioned play, we’ll look for the classic dip-and-rip formation, and will be tracking the KORS Weekly $41.50-43.50 Calls as we head into this midweek.


Extended Watchlist:
ENDP, CLRB, XNET, VH, CHFS, DRRX

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Blue Horseshoe Stocks: SRMX Explodes & More

SkyFidelity Inc. SRMX – Recap
Although the dog days of summer made July a fairly subdued month, August has started off pretty well so far, with our first multi-bag gainer showing up in the form of SRMX. We included it in our premarket report yesterday morning after catching the PR the company released on a routine news scan, and were happy that we did.

SRMX, after releasing news of a potentially disruptive new product, went absolutely haywire, trading in an incredible range from .0043 all the way up to .024. That worked out to a fantastic single-session pop of 458%

SkyFidelity, Inc.’s (OTC: SRMX) subsidiary Tri Cascade, Inc., an Internet of Things (IoT) technology company, has created a 4G/LTE Gateway Hub that provides consumers with the ability to access the internet directly from a SIM-based 4G/LTE Super Router called the SkiQ. The Company has designed this innovative communication device that will disrupt the traditional communications hardware industry, making routers, modems, satellite dishes, set-top boxes and media boxes obsolete. (>>View Full PR)


Lumber Liquidators Holdings Inc. LL

The options idea we submitted on LL earlier this week has made some decent progress that we wanted to report back to our readers this morning.

The stock has strung together two bullish sessions since then which has facilitated the following moves in our highlighted target contracts, the LL Weekly $27.50-29.50 Calls. The listed lows were logged on Tuesday, and highs recorded yesterday.

$27.50 Calls – Range: 3.00-8.54 – Max Gain: 185%
$28 Calls – Range: 2.30-7.79 – Max Gain: 239%
$28.50 Calls – Range: 3.36-7.32 – Max Gain: 118%
$29 Calls – Range: 2.00-6.75 – Max Gain: 237%



Strategic Global Investments, Inc. STBV

We also put STBV on our radar yesterday morning and it too produced a positive move on the day. From its low of .0731 the stock ran as high as .145, an intraday rip of  98% which came on more than nine times the monthly average volume.

We’ll continue to keep an eye on STBV which is at multi-year highs and firmly in blue sky breakout territory.



Medical Transcription Billing Corp. MTBC
We also want to circle back to MTBC, which we’ve been tracking since the morning of July 17th. Shortly thereafter the stock saw a low of 1.08 and it hasn’t looked back.Yesterday it reached a new high of 2.39, which marks a 121% run through a period of just over two weeks. We’ll continue to stay on its track, as the company just posted a solid quarterly report which included a 55% boost in revenue.

Extended Watchlist:
ICNB, MVTG, ERBB, HIMX, PIXY, OCLR, ESIO, HLTH, BLPH

Blue Horseshoe Stocks: ERBB Recap, Options & More

American Green, Inc. ERBB

In lieu of a typical extended watchlist yesterday morning, we included a series of cannabis related plays. From that list came the familiar face of ERBB, which had itself a solid session which included a strong close.

On more than three times its monthly average volume, the stock traded in a range from .00289 to a high of .0045 (+56%) before closing just a couple of ticks below at .0043. That’s the highest PPS since June of 2015, yet another indication that a second green rush is currently in force.


Procter and Gamble Co. PG – Options Recap

We also wanted to give a quick rehash of the moves made by the options we signaled for observation in yesterday’s report, the PG Weekly $85.50-88 Calls.

We mentioned we’d be on the lookout for a gap-and-go to start the session, and that’s exactly what took place. Despite tapering off toward the end of the day, some nice gains were there for the taking in the morning.

$85.50 Calls – Range: 1.70-2.43 – Max Gain: 43%
$86 Calls – Range: 1.36-2.04 – Max Gain: 50%
$86.50 Calls
– Range: .97-1.53 – Max Gain: 58%
$87 Calls – Range: .66-1.25 – Max Gain: 89%
$87.50 Calls – Range: .41-.88 – Max Gain: 115%
$88 Calls – Range: .25-.61 – Max Gain: 144%


Lockheed Martin Corp. LMT – Options Idea

We’re going to formulate an options idea for major defense contractor Lockheed Martin today, which posted a healthy beat on earnings yesterday, causing a major spike on the chart that sent it up well past its 50DMA.

We’re going to be keen on the LMT 12/02 $255-260 Calls providing that the stock maintains support above this morning’s premarket high of 247.40 on any forthcoming pullbacks.


Extended Watchlist:
PURA, DNRG, HCTI, MYHI, EXMT, ENLB

Blue Horseshoe Stocks: IFAN, NEWC Updates & More

IFAN Financial, Inc. IFAN

We had multiple runners come out of yesterday morning’s premarket report, but the star of the show was was without a doubt IFAN. This was a case of looking in the right place at the right time. The stock had posted a marginal increase the session prior, but yesterday’s run was a cut above.

We witnessed as it traded in a fantastic range from .0031, cracking through the penny barrier and reaching a high of .0118. That worked out to an intraday rip of 281% which occurred on nearly thrice the monthly average trading volume.

In instances such as these, we always keep the stock on our radar in the event that the excellent momentum it’s built up washes over into another session.


New Columbia Resources, Inc. NEWC

Prior to yesterday morning’s mention, we had signaled NEWC for observation most recently a week ago today, and the ramp-up we’ve seen between then and yesterday’s solid session has been pretty impressive.

After witnessing a low of .01 subsequent to last week’s report, the stock has really taken off this week, yesterday trading up from .0231 to a new high of .0449 (+94%), which from a penny, marks an upswing of 349% in just a few sessions.


Agritek Holdings, Inc. AGTK 

Speaking of new highs, we’ve been tracking AGTK heavily of late, and it too set a new high mark for us in yesterday’s session, despite already being up so high. As we were mentioning yesterday morning, we caught this play on September 14th, at a low of .003, and the stock never looked back.

Yesterday’s decent move carried it from .0285-.036, a 26% intraday push, which is incredibly modest compared to the overall run we’ve been watching. Yesterday’s new peak registered as an increase of 1100% on the dot over our observed low.


Plandai Biotechnology, Inc. PLPL

We brought back a familiar play in PLPL last Thursday, and reminded readers to continue paying attention in yesterday’s premarket report. The stock has responded with with a nice performance in that span.

Yesterday’s session brought a healthy 56% move up from .04 to a new high of .0624, which from the three-cent low we witnessed at the end of last week, marks a swing of 108%


The Procter and Gamble Co. PG – Fresh Options Idea

As a result of the confluence of both an attractive technical setup on the chart where it recently came down to 4-month lows, in addition to a well-received quarterly earnings report this morning, we want to tag some PG options for potential daytrades and or intraweek swing trades. We had multiple landmark plays that fit the same description last week, and came away with chances for multibag gains in almost every instance.

To attempt to do the same thing this week, we’re going to look to the PG Weekly $85.50-88 Calls, which should see some nice activity if the action unfolds the way it appears it might. We’ll be looking for a gap-and-go setup to facilitate that.


Cannabis Watchlist:

The “Green Rush” continues… Aside from the three above-mentioned cannabis plays we want to continue to keep the top traded pot stocks on watch for further gains. The momentum in the sector as a whole, as we’ve cautioned readers, has continued in a big way.

TRTC, HEMP, OWCP, PHOT, MCOA, ERBB are among some of the headliners in that regard, but by no means the only marijuana related stocks that are set to explode leading up to and following election day, whereupon recreational consumption will most likely become legal in the state of California.

Blue Horseshoe Stocks: Cannabis Stocks Blazing & More


United Cannabis Corp. CNAB

CNAB was one of a pair of cannabis plays that we mentioned we’d be tracking toward the end of last week that ended up kicking this week’s trading off with great sessions. When we brought CNAB up in our premarket report on Thursday,

We followed up on Friday after the stock had made a 43% run from .28-.40, and asserted that we’d be on the lookout for CNAB as well as other plays in the pot sector to see increased activity in the weeks ahead. November is fast approaching, with several key cannabis initiatives coming up for a vote, including a recreational bill in California.

CNAB got off to a great start to the week today, by running from a low of .39 to a new high of .63. That worked out to an intraday move of 62%, and a total gain of  125% over our observed low from last week.

Our overall interest in the space has been ongoing from the fall of 2014, just prior to the first “Green Rush”, a historic period which saw countless stocks in the sector make exponential gains. With activity for many of these stocks picking up once again, we’ll be certain to watch plays like GRNH, ERBB, PHOT, TRTC, PZOO, and BLOZF more closely.


OWC Pharmaceutical Research Corp. OWCP

The other cannabis related stock that we’ve been hot on the trail of since Thursday is OWCP, and the stock has been pushing the envelope ever since.

Yesterday we were just mentioning the excellent gains it had already made from .0045 to .0111, and that we were anxious to see it continue its momentum, and it followed up with another great performance. From its daily low of .0109 OWCP went on to hit a new high of .0193, representing a daily rip of 77%, and a three-session overall increase of 329% over Thursday’s .0045 low.

Congratulations to any of our readers who caught a piece of the excellent action on OWCP. With the progress it’s already made, we’ll definitely be reserving a continued slot on our radar screens for this stock in sessions ahead.


Nova Lifestyle, Inc. NVFY

We also want to take a minute to point out a good catch we had in NVFY yesterday, which traded monster volume to the tune of roughly 20X the monthly average, and recorded a solid intraday push.

The stock traded in a range from 3.81-5.15, for a gain of 35% and held a good deal of that advance into the close at 5.08. We’ll continue to track this play and look for it to record another session of higher highs and higher lows, as it has done for the past six days straight.


Extended Watchlist:
MCOA, SGBY, CLDX, NADL, CNAT, OLLI, VKTX, LE