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Blue Horseshoe Stocks: End-of-Week Updates

Update on This Week’s Options Calls

Sensing the overall trend in the markets yesterday led us to profess our interest in Options Calls on these big-board stocks. It turned out to be a good decision- it wouldn’t have mattered which options chain you went with, gains were possible with all four:

FB, GOGO, PCLN, TSLA

The biggest opportunities came with GOGO and TSLA, but we’re still looking at call contracts for all of them. Additionally, we want to add FEYE and DDD to that mix as we head into the upcoming long weekend.

We’ve also been tracking AAPL Calls intensively over the past several sessions, and the stock did in fact hit new highs in the $609’s yesterday, so we’ll keep ourselves hot on the trail of potential gains in the Apple options chain as well.

It isn’t every day that we track options calls so heavily, but when we do, it seems to work out for us more often than not.

Royale Energy, Inc. ROYL

ROYL was a particularly bright spot on yesterday’s Extended Watchlist. The stock began to run right out of the gate, rapidly appreciating from it daily low of 3.12 to a subsequent high of 4.12.

That was a solid intraday move of 32% on nearly 39x its 3-month average, perhaps largely due to the PR that hit the wires yesterday:

SAN DIEGO, May 22, 2014 (GLOBE NEWSWIRE) — Royale Energy, Inc. (ROYL), announced that Rampart Energy, Ltd and Royale Energy, Inc. are pleased to jointly issue an update to shareholders and stakeholders on the seismic received:

HIGHLIGHTS

Large conventional target up to 20,000 acres in size;
Strongly supported by Direct Hydrocarbon Indicators (‘DHI’s’);
Joint interpretation of the Big Bend Cube taking place in San Diego;
Very strong results dovetail into drilling plans with submission of key permits for approval by Alaskan regulators;
Prospective Resource assessment to be completed soon. >>FULL PR

We’ll most likely be monitoring this play for awhile, as positive results from that upcoming ‘Resource Assessment’ could drive even more interest ROYL’s way.

Extended Watchlist:
OWW, RNA, IDN, WAVX, LIQD, IVAN, ZIOP

Blue Horseshoe Stocks: Updates on IGC, MY, NEWL & Extended Watchlist

Extended Watchlist Winners:

Yesterday’s Extended Watchlist unearthed a couple of gems, so let’s start things off today by congratulating those who were able to capitalize on the ample chances to profit that these plays offered:

India Globalization Capital, Inc. (IGC)

IGC rewarded us for our attention with a bullish session that saw its low before 10am and ran into the close. From a daily low of 1.27, the stock pushed its way all the way up to 2.08, a highly respectable 64% intraday move, with a couple of vital swings in between that could have been timed for even more opportunities.

It did so on roughly 40x its 3-month average volume, giving us another clue that this could be a play with continued momentum. Even now, in early pre-market trading the stock has run as high as the 2.20’s so we’ll be on the lookout for one of two things; either the momentum carries it further, or profit-taking causes a pullback, in which case we’d be watching for a classic dip-and-rip on the rebound.

If the severity of yesterday’s swing action on the chart spills over into today, there could in fact be several intraday moves that we may be able to use to our advantage.

China Ming Yang Wind Power Group Limited (MY)

The other success from yesterday’s watchlist was MY. This play was one of the most gradual gainers you’re likely to see. Following its daily low of 2.83 it stair-stepped its way into the close at its high of day at 3.63. That was good for a solid intraday gain of 28% on more than four times the 3-month average volume.

Much like the previously mentioned play, we’ll be looking for MY to possibly continue its upward movement today after settling down from what appears to be another pre-market gap-up. In morning trading so far, the stock has pushed past yesterday’s high; if we see another dip-and-rip today it will be the third consecutive session in which one has occurred.

NewLead Holdings Ltd. NEWL

As we stated yesterday, we’ve been following NEWL for awhile now, and the recovery we’re seeing off of its recent bottom of .3867 has sprouted into a multi-day run that has been nothing short of impressive.

The stock gained even more ground following our morning report, wherein we mentioned that we wanted to see a break of the pre-market high of 4.20. We got that and more, as NEWL went on to reach 4.79 with volume 15x greater than normal.

Modest intraday gains of 26% were possible with NEWL yesterday, but the truly impressive figure is the five-session increase we’ve now witnessed from the above-mentioned low to yesterday’s high, which stood at 1138%

The stock also landed us in the Penny Stock Rumble for the day’s largest dollar-volume pick, with more than $160M worth of shares changing hands on the day.

Added Comments:

The markets as a whole had their best day all month on Wednesday, and it translated into gains for us. The overall sentiment is that conditions should remain favorable as long as the Fed holds off on any changes in interest rates. Following the revelation that there would be no increase at this time, the following four major players began to run:

FB, GOGO, PCLN, TSLA

We’ll be monitoring the Options Call action on all of these big-board plays for continued momentum today.

Extended Watchlist:
RENN, ROYL, CTIC, NIHD, LIQD

ERBB, LATF, MEDT, VMGI & Extended Watchlist

Over the past couple of weeks, our coverage of cannabis stocks has been relatively toned down. Both an abundance of other interests, as well as sector-wide consolidations pushed many of these plays to the back burner. Today we want to talk about some of the ones that are once again showing signs of life.

Transbyte Corp. ERBB

The last time we mentioned ERBB was at the end of January. By that time, we had already seen monstrous gains from this stock over the previous year, coming all the way from subpenny territory. At the time of our last mention, ERBB was trading at .0122, and this week we’ve noticed the stock reaching new highs, touching .045 on Wednesday. In just three weeks, that’s a 269% jump.

Yesterday also brought an exciting PR that we wanted to share. Tranzbyte’s marijuana vending solution, the ZaZZZ machine, will be put into use for the first time at a Colorado dispensary. Click through to the full PR for details:

TEMPE, AZ, Feb 20, 2014 (Marketwired via COMTEX) — Tranzbyte Corporation (OTC Pink: ERBB) announced today that it has signed a formal agreement with Herbal Elements LLP, a legal Medical Marijuana Dispensary in Eagle-Vail, Colorado to assist in the final aspects of machine roll-out specific to Colorado. >>> FULL PR

Latteno Food Corp. LATF

We last pointed out LATF On February 11th, after witnessing a nice 43% intraday move the day prior, from .007 to .01. Since that time the stock has been on a bullish run, pushing its way upward and culminating at a high of .0154 yesterday. That means we’ve seen a positive move of 120% in a span of just eight sessions.

LATF also had news out yesterday, alluding to forthcoming quarterly figures that blow last year’s numbers out of the water:

SANTA ANA, CA, Feb 20, 2014 (Marketwired via COMTEX) — Latteno Food Corp. (OTC Pink: LATF) is pleased to announce that preliminary Fourth Quarter financials for 2013 shows record numbers for LATF shareholders.Preliminary Fourth Quarter reports 3,100% increase in prior year’s revenues and over $413,000 in net income versus a net income of only $7,000 for prior year 2012. Year-end financials are anticipated to be filed with OTC within 30 days.

Media Technics Corp. MEDT

MEDT last appeared in our reports along with ERBB on Jan. 29th. In addition to gaining as much as 90% from its recent low of .001 to yesterday’s high of .0019, we also wanted to point out this morning’s press release:

BEVERLY HILLS, CA, Feb. 21, 2014 /PRNewswire via COMTEX/ — MediaTechnics Corporation (PINKSHEETS: MEDT) is pleased to announce that Henri Atamian has stepped down as President and CEO and appointed Jeremy Carr as MEDT’s president and sole director. Mr. Carr, who was a former director of MEDT, will oversee the review and publishing of the Company’s 2013 and 2012 Financial Statements, as well as an updated Initial Company Information Statement and intends to publish them via OTC Markets in the near future.Mr. Carr has extensive contacts in the industry and intends to lease lighting and hydroponic equipment to licensed marijuana related businesses that are fully comply with state marijuana laws, as well as overseeing the development of software and mobile apps for this growing industry.

Verde Media Group, Inc. VMGI

We’re putting VMGI up on our radar at the suggestion of one of our faithful readers, Craig S. This is another cannabis-related stock to add to our enormous tracking list, thanks Craig!

Options Trading Side Notes:

The BBRY 02/28 $10 Calls we mentioned in yesterday’s extended watchlist fared well, making a 50% intraday move from .12 to .18. We’re going to continue monitoring these contracts into their expiration date.

In addition to those, we’re going to be looking at FB $69.50 and $70 Weekly Calls for a possible intraday flip opportunity.

Extended Watchlist:
MVIS, MTSN, ARIA, YOD, FRO

FITX, EAPH, TTDZ, GLCO & Extended Watchlist

Creative Edge Nutrition, Inc. FITX

FITX is among the cannabis stocks that we’ve been tracking since 2012 that began to explode when 2014 trading commenced on January 2nd. We alerted readers of the likelihood of that occurrence in our final report of 2013 on New Year’s Eve. That day, we observed a low of .0045, and yesterday, FITX attained a new high at .065, which means that in just a month’s time, this stock has increased in value by 1344%

We’d like to congratulate anyone who was able to obtain even a fraction of the total possible profits that FITX has afforded us so far in 2014.

Easton Pharmaceuticals, Inc. EAPH

Marijuana related stocks are still very demanding of our attention. Even as some of our other interests in the field tapered back this week, EAPH, like FITX, was able to achieve new highs. EAPH also serves as a prime example of why we don’t discard these pot plays when they consolidate, because they have provided rebound opportunities galore.

In this particular case, EAPH came off of its New Year’s pop, and bounced off of the .008-area to recover all of its previous gains and then some. At Tuesday’s high of .028, our total possible gains from our original Jan. 8th alert from a low of .0041 stood at a whopping 583%

A golden cross formation is also in the making on the EAPH chart, which gives us all the more reason to continue to monitor this stock.

Tritan Distribution Systems, Inc. TTDZ & Global Links Corp. GLCO

Here a couple of new plays to add to our now-enormous marijuana stocks watchlist:

TTDZ catches our eye on the heels of a filing that denoted the reduction of shares of TTDZ common stock from 1.5B to 1.2B. The stock made a huge move during yesterday’s session and appears as if it could gap up to start the day.

Already having been on a sharp uptrend in recent sessions, GLCO had after-hours news concerning the acquisition of Hemp Life Today, LLC and its online Hemp and Medical Marijuana products and information website, HempLifeToday.com, essentially launching itself into the cannabis sector. We will want to follow along to see how the trading community will receive this latest development.

Extended Watchlist:
DARA, DNDN, DGAZ, ACCL, FLEX, MEET, INFN, GRPN, SQNS, FB

TGRO, PROW & Extended Watchlist

Before we break for tomorrow’s market closure, we’d like to take this opportunity to extend our warmest season’s greetings to our treasured audience, you! Happy holidays to all of our friends around the world! Whatever your personal beliefs may be, however you choose to celebrate tomorrow’s off-day, we hope you have a safe and wonderful time. We’ll see you all bright and early on Thursday morning!

Tiger Oil & Energy, Inc. TGRO

TGRO continued to blossom yesterday, attaining a new high, as it traded from a low of .96 into a strong close at the high-of-day of 1.25, and doing so on over 3X its 3mo. average volume. That was good for a solid 30% intraday rip, and at the 1.25-level a gain of 247% from our original alert at .36 (Dec. 9th) was possible. Congrats to anyone who’s been able to clean up here, as there has been ample opportunity for all.

The stock continues to achieve higher highs and higher lows, always a favorable sign concerning its chances to continue trending up moving forward. We’ll be interested to monitor its activity both before and after the holiday hiatus.

Yesterday, once again, TGRO made us the champions of the Penny Stock Rumble, sweeping both categories: Percentage gain, and dollar volume!

Progress Watch Corp. PROW

Like TGRO, PROW also managed to achieve higher highs and higher lows on Monday, affording it our close attention. After delivering us a 51% possible gain on Friday, it continued its run, opening at .009 and peaking at a high of .013.

That gave us another opportunity to profit, this time to the tune of 44% on thrice the average volume. That brings our two-day cumulative gain total on PROW up to a very respectable 95%

Extended Watchlist:
SUPN, IMUC, AUMN, GENE, NED, BASI, SGYP, AAPL, FB