Blue Horseshoe Stocks: EXMT Recap, Options & More

Tesla Motors, Inc. TSLA – Options Idea

With Tesla posting a big earnings beat yesterday post-market, we’re going to want to signal a range of corresponding options calls to potentially capitalize on this untraded-upon development.

We’ve used the TSLA chain to leverage huge options opportunities in the past, and it would seem that conditions are setting up to give us another good chance at some sizable gains this week. We’re going to focus in on the TSLA Weekly $207.50-212.50 Calls for possible daytrade and/or intraweek swing trade possibilities.

Anything Technologies, Inc. EXMT – EXMT was the standout of the bunch from our morning report yesterday. It was an opportune time to revisit the stock, which we hadn’t mentioned in one of our newsletters since early 2014.

The stock traded in a solid range from .0012 to a high of .0026 for a move of 117% and did so on approximately nine times its monthly average volume. Such activity is more than enough to earn it a continued slot on our watchlist.

IMD Companies, Inc. ICBU - This play that we signaled for observation a week ago today has also been recording solid performances this week, and is related to the aforementioned play in that it is captained by the same CEO.

The stock found its low on Monday at .0033, and has since made one heck of a rebound. Yesterday the stock hit a penny even, marking an intraweek pop of 203%

Dominovas Energy Corp. DNRG – Also appearing in yesterday’s report was DNRG, a stock we’ve been actively tracking for well over a year now.

It had been a few months since we last touched upon this play, so the timing here was quite good as well. The stock made a good move from .0022-.0032 on the day, for gains of up to 45%

Extended Watchlist:

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:

Blue Horseshoe Stocks: DEWM, FITX & Much More

Dewmar International BMC, Inc. DEWM
DEWM is a stock that we want to add to our radar as we kick off another trading week. Apart from recently gaining a steam, the stock gapped up on Friday, and followed that with a classic dip-and-rip.There are a couple of interesting aspects with regard to DEWM’s business; in a recent interview, CEO Marco Moran announced Dewmar’s interest in pursuing the industrial hemp and medical marijuana market. We know from recent experience that even the suggestion of entry into this new and hot sector can produce significant gains.

Additionally, the flagsghip product of DEWM’s current business is being offered in over 20 Walmart locations, and the company has the intent to expand thart number as much as possible in 2014. That makes DEWM one story that we are definitely going to want to follow moving forward.

The current chart on DEWM looks pretty ripe as well with a possible upcoming Golden Cross in the making:

From this morning’s PR scan:

FastFunds Financial, Inc. FFFC
This is another cannabis play that we’ll be watching today on the heels of the following PR:

Frozen Food Gift Group, Inc. FROZ

FROZ has some potential merger news out this morning that you might also want to take a look at:

Creative Edge Nutrition, Inc. FITX

In addition to ramping up on Friday, and looking like it wants to gap up this morning, FITX came with an intriguing PR today that we had to pass along:

MADISON HEIGHTS, MI / ACCESSWIRE / February 10, 2014 / Creative Edge Nutrition, Inc. (FITX), is proud to announce that it has accelerated its construction and build-out plans for what will become the world’s largest and most advanced legal cannabis production facility.

Bill Chaaban stated “it is important for our company to receive its license from Health Canada as soon as possible. To fulfill this goal, we have redesigned the layout of our standing 27,000 square foot building to become a self-sustained complete operational production facility. It will have all of the state of the art technologies implemented into the design of our larger facility. This building will be completely compliant with our obligations as promised to Health Canada.

While we retrofit the existing building we will continue the build-out of our 53,000 square foot facility. We have implemented cGMP and USP 797 design and work flow models into the design and build-out of our buildings. Security fencing will begin to be installed in the next two weeks. We have decided to fence the complete 10.3 acre site to facilitate and accommodate the eventual build-out of the entire property. We will be posting pictures and videos throughout the build-out process to keep shareholders informed of our progress.”

From Friday’s Extended Watchlist

The following plays off of our Extended Watchlist made some notable, albeit modest moves during Friday’s session:

Sunesis Pharmaceuticals, Inc. SNSS

Daily Range: 4.41-5.08     Max Gain: 15%

GT Advanced Technologies, Inc. GTAT

Daily Range: 9.90-10.76  Max Gain: 9%

WPCS International, Inc. WPCS

Daily Range: 1.60-1.85  Max Gain: 16%

Extended Watchlist:

ERBB, AEGY, BDSI & Extended Watchlist

Tranzbyte Corp. ERBB
We highlighted ERBB on Friday and the stock came out swinging, continuing the momentum that was building in the previous session.It came out of the gate strong, running quickly from a low of .0119 up as high as .0154. That marks a respectable intraday move of 29%As the stock pulls back off of that run, we’d like to see support hold over a penny, and will be monitoring the situation for any possible bounce opportunities.

Alternative Energy Partners, Inc. AEGY

We’ve had AEGY on our radar since last spring, and after a serious increase in recent trading activity, we wanted to bring it back into the conversation. The stock has been in full-on breakout mode for the past couple of sessions, and appears to want to gap up even further this morning.  What we are going to want to do is watch carefully for any possible dip-and-rip opportunities. Stocks that gain so much ground over so short a time-frame are susceptible to high volatility and sudden pullbacks, and are often followed by what can be very lucrative bounceplays for quick-witted traders.

This is another of the medical marijuana related stocks that we’ve been tracking for a long while. AEGY, in particular, operates an online dispensary for California residents, but the list of companies that we’ve tracked cover every part of the sector, from medical to legal cannabis, to growing apparatus, and more.

To list a few of the standouts we’ve tracked over an extended time: EAPH, FITX, CBIS, HEMP, PHOT, MJNA, SKTO, TRTC, EDXC, MWIPD, EXMT, CANN, MDBX, GWPH and that’s only a partial list. Cannabis has been allowing a lot of people to cash in via the stock market, and we expect the opportunities to keep coming.

BioDelivery Sciences International, Inc. BDSI
BDSI appeared in Friday’s Extended Watchlist and made a notable 16% intraday move, trading from a low of 8.18 to 9.49 on almost 15M shares traded. The spike in price and volume comes on the heels of Thursday’s PR regarding positive testing results for the pain medication the company has under development:

Extended Watchlist:

PPHM, PLUG, & Extended Watchlist

Cannabis Sector Update
After an influx of new subscribers joined us over the weekend, we’d like to take this time to welcome our new friends, and try to get you up to speed as soon as possible. In a time that now spans three calendar years, we have been vigorously tracking numerous marijuana-related stocks with some very profitable results.

Last week (possibly aided by the first stores opening for sales of recreational marijuana in Colorado), the sector as a whole began to heat up once again, necessitating heavy discussion in our daily reports.  As can be expected when several sessions of frenzied uptrending carries stocks as high as we saw many of our cannabis plays, several of those stocks began to consolidate on Friday.

The exceptions were GreenGrow Technologies, Inc. GRNH, and Hemp, Inc. HEMP; High volume spread over multi-day runs often leads to high volatility as well, as in the case with HEMP, which did consolidate to a low of .021, but followed that up with a rebound back to .032, a 52% intraday swing.

GRNH continued its run from the previous session where we had witnessed a low of .045, and barreled its way to a high of .124. We’ll take overnight gains in excess of 176% any day!

As for the rest of the pot stocks we’ve been tracking that have relaxed a bit, we are still eager to see how they respond this week, and will be on the lookout for any chances we might have at bounce plays. Additionally, news of how the first week of sales went in Colorado will be sure to get even more eyes turned toward this burgeoning market sector. Check back for future updates, as we stay tuned in every step of the way.

Peregrine Pharmaceuticals, Inc. PPHM 

Speaking of stocks that we’ve been tracking since 2012, PPHM has proven itself a winner for us on multiple occasions over the years, and our most recent alert is turning out to be no different. Following that last mention, we observed a low 1.35, which at this morning’s pre-market high at 1.99 represents a 37% increase.

FDA-related news out this morning could fuel a serious push in a Northerly direction, so we won’t want to take our eyes off of PPHM for one moment as trading commences this morning.

TUSTIN, CA, Jan 06, 2014 (Marketwired via COMTEX) — Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM), today announced that the company has received Fast Track designation by the U.S. Food and Drug Administration (FDA) for its lead investigational immunotherapy bavituximab for the potential treatment of second-line non-small cell lung cancer (NSCLC).

“The fast track designation is a milestone for the SUNRISE trial program and represents a step closer to bringing bavituximab to the market,” said Robert Garnick, Ph.D., head of regulatory affairs at Peregrine. “We are very pleased that the FDA has recognized the potential of this novel therapy as a treatment for this serious and devastating type of cancer and look forward to working closely with them to ensure the most efficient review process.”

Plug Power, Inc. PLUG

Like the rest of the mentions in today’s newsletter, our history with PLUG goes back a long time. It has brought us percentage gains which cumulatively number in the thousands, and the New Year has brought new life for this one as well. This past Thursday, we caught PLUG at a low of 1.89, and were pleased at the solid 23% move it provided to 2.33. That figure is increasing this morning, as the stock is trading as high as 2.77 in pre-market action, a gain of 47% over Thursday’s low.

Extended Watchlist: