Blue Horseshoe Stocks: Reviewing EMBR, GROC & Much More

Great Rock Development Co. GROC

As we were mentioning in yesterday morning’s premarket report, we tagged GROC last Wednesday at a low of .0055, and saw the PPS run as high as .0124 on Friday (+125%).

To kick off this week, GROC would perform well once again, and be just one of several timely alerts in our morning report. The stock briefly traded at .0095 early on in the session, and it would go on to register a daily high of .0148, which represented an intraday rip of 56%, and a four-session swing of 169% over our observed low last Wednesday.

We’ll continue to monitor the situation, as GROC closed on twice its 3-month average volume and with strength, maintaining the majority of its daily advances at .0139.


Plug Power, Inc. PLUG

We noticed PLUG gaining some momentum off of a recent bottom, noting multiple consecutive sessions of higher highs and higher lows. We mentioned that we’d be on the lookout for that trend to continue into this week, and that is the way it has unfolded.

The other things we said we’d be watching for were the filling of a small gap on the chart around 2.00, and a testing of the 50DMA of 2.13, and we witnessed the occurrence of both. PLUG managed a nice, steady move from the $2-mark up to 2.33 for a solid 16.5% increase, so again, we’ll keep our eyes open for it to keep recording higher highs and lows.


Embarr Downs, Inc. EMBR

EMBR was another stock from yesterday’s report, the activity of which would provide the opportunity for multiple successful swing trades.

From an early low of .0014 it broke out to the high-of-day at .0024 for an initial 71% jump, and that was followed by a dip to .0018 and a run back to .0024 (+33%). Just prior to the close, one more chance would present itself with a pullback to .0017 and return to its closing price of .0022, adding the chance at an extra gain of 29%


Greenway Design Group, Inc. GDGI

GDGI is a super-subpenny that we tagged yesterday after noticing some activity off of its low of .0002, and that activity not only continued, but increased. Roughly between 10:30AM-12:30PM, shares could have been snapped up at that .0002-level, and the stock ended up running into the close at .0004 for a smooth, 100% gain!


Great Basin Scientific, Inc. GBSN

We also want to raise an activity alert on GBSN, a stock we entered into the log three weeks ago as a bottom-watch play. It continued to peel back, setting new 52-week lows along the way, and we included a reminder for folks not to let it slip off a couple of Fridays ago.

After a patient three-week wait, GBSN has finally showed us what we had anticipated; yesterday the stock broke out from .0523 to touch a high of .0785, a nice, round, 50% run! We’ll be watching intently now, to ensure that GBSN will continue to establish a higher base of support and undergo a more sustained recovery.


Extended Watchlist:
TPIV, WGBS, WSTI, KATX

Blue Horseshoe Stocks: GROC, GDSI Recaps & More


Great Rock Development Co. GROC

During an uncertain time where others have been reticent to pull their heads out of the sand, we continue to stand and deliver. Jumping off of the page in Friday’s report was GROC which made a few appreciable swings on the day.

Following a solid 46% initial run from the .0085 low up to .0124, the stock came down to bounce off of the .0098 mark, and returned to .0115 (+17%). That preceded one final pullback to .009 before GROC ripped back to .012 (+33%) and brought the stocks cumulative intraday gain total to 96%

We had originally alerted the stock on Wednesday morning, and witnessed a low of .0055. From that mark, we’ve seen an overall move of 125% over a span of just three sessions from GROC.


Global Digital Solutions, Inc. GDSI

Another great call for us was GDSI, which had a heck of a solid session after being mentioned in Friday’s premarket report. We outlined the fact that it had just come off of a new 52-week low and it turned into another successful bottom-play.

From its low of .0016 which it recorded shortly before the lunch hour, the stock ran with strength into the close, ending the session at its high-of-day at .0025. That move was good for intraday gains of up to 56%, so cheers to any of our readers who were able to bag a nice profit.

We’ll have an eye peeled for GDSI again this morning, as is generally the case in a session following such a strong closing performance.


UVXY and VXX Options Recap

Our main point of focus on Friday was using the activity of the overall markets to leverage ourselves some nice opportunities with Weekly VXX $22.50-25.50 Calls and UVXY $48-52.50 Calls.

It wouldn’t have mattered which symbol, or which strike price in our target ranges at which traders chose to execute, because every single contract we specified provided a chance for a windfall.

The biggest gain opportunities in each set were the VXX $24.50′s which exploded on a 900% rip from .05-.50, and the UVXY $51.50′s which traded in a range from .52-2.70 for total possible intraday gains of up to 419%


AEterna Zentaris, Inc. AEZS

It’s been a few months since we last looked at AEZS, and we’re going to place it back on watch to kick off this new trading week, as the stock made an undoubtedly strong move on Friday, and closed at its high of day. That quilifies AEZS as a possible momentum play.

These present the opportunity both to ride any residual momentum, as well as position ourselves to strike on a dip-and-rip scenario, which often show their faces in situations such as this. So we’ll keep our heads on a swivel in monitoring AEZS moving forward.


Plug Power, Inc. PLUG

PLUG is an old-time favorite of ours that has made us enormous gains in the past. It’s been awhile since we lasted touched upon this one, as we were waiting for it to provide a solid signal that it was coming off of yearly lows, and over the past few sessions we’ve begun to see that.

PLUG has registered higher highs and higher lows for the past four consecutive sessions, so we’ll be monitoring the stock this week for continued progress on that front. As you can see on the included chart snapshot below, we have a RSI just cracking above the 50-line showing relative strength, and the MACD is looking quite bullish as well. There is a slight gap to fill on the chart around the 2.00-mark, and the next key resistance we’ll look to be broken will be the 50DMA of 2.13.


Extended Watchlist:
MINE, EMBR, IHSI, GDGI

Blue Horseshoe Stocks: UVXY, VXX Options & More

No Rate Hike – SPY & VXX Options Ideas

Another eagerly-anticipated FOMC meeting came and went without an interest rate hike by the Fed yesterday, and as a result we observed a dramatic rise in volatility for the markets. We expect that turbulent activity to carry over into today, and with the added caveat of it being expiration day for weekly contracts, it could give rise to some serious options-trading opportunities.

Currently we’re seeing the VXX and UVXY gapping up in the premarket this morning. We will be on the lookout for a potential bounce in the markets followed by a fade to the downside. It would be at that point we’d look to get positioned in some Weekly VXX and UVXY Calls, specifically VXX $22.50-25.50 Calls, and the UVXY $48-52.50 Calls. Alternatively, we could take advantage of the same sort of scenario with SPY Weekly $197.50-194.50 Puts.

Part of the beauty of trading options is, if by chance the markets undergo a more sustained rebound and operate contrary to our initial gut instinct, we can simply flip those ideas to the other side of the fence (Puts where we mentioned Calls, and vice-versa) while striking in the same target ranges.


Great Rock Development Co. GROC

We also want to make mention of a stock we tagged for observation in Wednesday’s report which has made a nice intraweek move. GROC traded at a low of .0055 that morning, and followed up with a couple of solid sessions.

Yesterday. the stock managed to close at .0085, which represents a 55% session-over-session increase, and it occurred on slightly more than 3.5X the average monthly trading volume.


Global Digital Solutions, Inc. GDSI

GDSI is another subpenny play that caught our eye yesterday as it rebounded off of a new 52-week low. This stock has been steadily trending down for a protracted period, and is just about reaching the point where a more significant recovery could be in the cards.

It’s self-evident on the chart below, which shows that GDSI is heavily oversold at the present time. Add in a recent bullish cross on the MACD, and this is one we’ll want to monitor more closely in coming sessions. We’ll look for it to continue to register higher highs and higher lows off of that bottom.


Extended Watchlist:
MDBX, RDSH, GLD, CHLO

Blue Horseshoe Stocks: EQLB, TPIV, CHKE & More


EQ Labs, Inc. EQLB

EQLB was the big standout from yesterday’s report, performing extremely well after receiving first-billing in our premarket extended watchist. We caught this momentum play on an early scan and were very pleased to have included a mention of the stock as it blasted off right out of the starting gate.

From an initial low of .0035, EQLB surged as high as .0062 for a very respectable 77% intraday rip on excessive volume; it traded its one month average ten times over. It and our next mention accounted for two of the top three most-actively traded stocks on the OTC, so we were certainly poking our noses in the right place.

With momentum carrying over from the previous session to yesterday, moving forward, we’ll be open two the possibilities of either a sustained uptrend, or a potential dip-and-rip scenario.


TapImmune, Inc. TPIV

Our other nice spot from yesterday’s report was TPIV, which caught our eye in the wake of an early PR relating to one of its vaccine’s inclusion in a USDOD-funded study.

We had already been following the stock all summer; regular readers will recall our tracking this play to double-bag gains back in June. That history, the press, and a ripening chart more-than warranted another mention, and it turned out well. TPIV ran from an early low of .52, and steadily rose toward its HOD of .68, marking a 31% increase.

We’ll certainly continue to monitor its progress, especially given the fact that it maintained nearly all of its daily advances, closing just a penny off of the high at .67.


Cherokee, Inc. CHKE

Our readers are well aware of our penchant for bargain hunting, and we’ve got a potential bottom-watch candidate in CHKE to bring to the table today. The stock recently underwent a huge gap-down as a result of poorly-received earnings, and on Monday, was been beaten back to its annual lows.

That sort of activity always draws our attention, and in this case, the snap-back could be quite significant with a huge gap to fill on the chart. Add in analyst price targets ranging from $21-33, and this play begins to look out of place at such a low PPS. We’ll be scanning this one continuously for signs of recovery.


Extended Watchlist:
ITCI, ADEC, TOVC, GROC