Tag: FB

ACYD, FB Options, TWGP & Extended Watchlist

American Community Development Group, Inc.  ACYD
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ACYD played out the dip-and-rip scenario that we anticipated yesterday to the letter. The stock pulled back to a low of .031, before recovering ground on up to .049, marking the chance at  up to 58% in intraday gains.

The performance was solid enough to land us atop the Penny Stock Rumble as yesterday’s #1 Stock Pick.

We easily spotted the opportunity in ACYD yesterday, and we’re taking a similar view of the stock today. It is making higher highs and higher lows on significant volume, and we will remain interested as long as that trend continues. Keep in mind, trading with a tight stop-loss is the prudent course of action on a play like this, where the stock has already exhibited greater-than-average volatility.

Facebook, Inc.  FB -Options
We saw a dip-and-rip from FB after a gap-up yesterday. The stock has been on the rebound this week, and we are looking for similar action today. In that event, we would expect the 10/11 $49 Calls to also undergo a dip-and-rip scenario. It seems a real possibility to see FB return to the $50-level or higher, which would likely cause those contracts to yield multi-bag gains. They closed at .54 yesterday, and are in the process of gapping up in pre-market trading this morning, putting us on alert for another potentially-fruitful session to close out the week.

Tower Group International, Ltd. TWGP

Earlier this week, we were looking for TWGP to make a dead-cat bounce as the stock was tanking. This morning the stock is gapping-up so we could now be witnessing what could be an opportunity-laden recovery. There is a large gap to fill on the chart to the 7.00-range. Covering even half of that gap would have us looking at sizable profits from current levels.

Extended Watchlist:

 FREE, WTAR, OCLR, VVUS, ASFI, ETRM

FB, AAPL Options, GOGO & Extended Watchlist

Facebook, Inc. FB – Options

On Wednesday, some of you may recall our interest in FB calls, as we stated “if the stock can break the $46 barrier… we’d be looking at in-the-money Calls like the 09/21 $45.50′s.” As you can see on the included chart, after seeing a low of .10, those contracts would go on to trade as high as .85 during yesterday’s session. That move was good for overnight gains in excess of 750%

With FB gapping up this morning and hitting new 52-week highs, we are going to want to continue giving our attention to the Calls. Of course, in the event that we see a reversal off of these substantial gains, we are going to be on the lookout for a dip-and-rip scenario, which could bring us even further gains with a properly timed bottom.

Apple, Inc. AAPL – Options

We’re also seeing a gap up in AAPL which is coinciding with the release of the latest versions of the iPhone 5(S/C), and with a sizable gap to fill on the chart, we could actually see AAPL go to $490 today. If it did approach that level, we’d be interested in the $480-485 Calls, which could provide us multi-bag gains.

Other than flipping the weekly Calls intraday, we might also want to consider contracts with later expiration dates if it appears AAPL is gaining a head of steam that would carry over into next week.

Gogo, Inc. GOGO

We first mentioned GOGO on Monday, and at the time the stock was trading as low as 14.79. Currently we are seeing the stock trading at 18.15 pre-market, (a gain of 23%) so this is another play that will be grabbing our attention today. For a big-board stock in this price range to see a gain of that magnitude inside of a week is nothing short of remarkable.

Gogo actually has an intriguing technology for providing super-standard Wi-Fi internet connections to airline passengers with in-flight data delivery speeds of up to 60Mbps. With the company just having announced that they will be bringing their products to North America in 2014 pending FAA approval, this is definitely a stock that we are going to want to put on our long-term watchlist, as we see how its story plays out.

Extended Watchlist:
FREE, CYCC, VRNM, ACRX, FU, PZG, RNA (Big gap-down, watching for bounce.)

GRNH, Options Trading Ideas & Extended Watchlist

Aeropostale, Inc. ARO

The 10/19 $9 Calls that we mentioned yesterday morning opened up significantly as we expected they would. After the subsequent consolidation which brought the price back to 1.05, we saw a spike to as much as 1.55 as you can see on the chart below. That was good for a possible intraday gain of 48%

With roughly a month left until the expiration of these contracts, there’s plenty of time for the stock to regain some of its recently lost ground and potentially fill the gap on the chart up to the $11-range. With the kind of drastic stride it made yesterday (jumping from the $8-range to the $10-range) we’ll also need to be wary of possible pullbacks filling that gap to the downside.

Facebook Inc. FB

As FB has recently been approaching its 52-week highs, we’re interested in weekly Calls, especially if the stock can break the $46 barrier. In that event, we’d be looking at in-the-money Calls like the 09/21 $45.50’s. On the flipside, if the stock fails to push past $46 we would be looking to flip the $46 Puts as a pullback would push them in-the-money.

GreenGro Technologies GRNH

This is another marijuana related stock that we’ve tracked for quite some time. GRNH has made some nice moves over the past several weeks, and is currently in consolidation mode as it has been coming off of its most recent spike. We are keeping a close eye on this one for a potential bottom play. If it can maintain support above the 50DMA of .042 we like its chances of seeing a nice rebound in the future.

Extended Watchlist:
NEWL, DNDN, ATOS, ZQK, IDRA, PCWT