Tag: GRPN

Blue Horseshoes Stocks: CAMT, GWPH & More

Camtek, Ltd. CAMT
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Hidden gems are quite often found in our daily Extended Watchlists, and yesterday CAMT was the standout play. The stock had a monstrously strong trading day, bulling its way continuously upward for the duration.

The landmark session started at a morning low of 3.42, and culminated at a high of 5.14 just minutes prior to the close. That solid move was enough to afford traders up to 50% in intraday gains, and it occurred on volume which was 40-times greater than the 3-month average.

The commotion was caused following an announcement that CAMT has launched its next-gen semiconductor product line, and apparently has already received advance orders from some unnamed “leading device manufacturers”. >>>Read the full PR here.

GW Pharmaceuticals, Inc. GWPH

The last time GWPH appeared in our reports was back on June 23rd. We were hailing it as being among our most successful plays of the year, as our prior tracking of the options chain had led to chances at gains amounting to more than 3000%

We pointed to a revitalization of the cannabis sector as one of our other primary reasons for being interested in GWPH, and the action of the stock in the couple of weeks since then proved that our assessment was warranted. Following a low of $88.73, we witnessed a subsequent 26% run to 111.46.

Over the past three sessions, GWPH has tapered back to fill a gap on the chart (as we point out below) so we are once again placing the stock on watch, to find support here, and potentially bounce back up over the $100-mark.

Once we see a solid level of support established and GWPH begins to rebound, then we’ll be able to adjust our options-trading strategies accordingly.

Extended Watchlist:
TXMD, GRPN, NURO, DNDN, CVM, LIVE

Blue Horseshoe Stocks: New Play, Updates & Extended Watchlist

Solar Wind Energy Tower, Inc. SWET

We’ve got a new item of interest in the penny arena to start things off this morning. Following a major run back in April, SWET has consolidated, and has been generally trading sideways ever since. We like the look of the chart, and feel that conditions are coming to a point where things could get interesting.

As you can see on the chart below, the RSI has held in there above the 50-line, there’s been a recent Golden Cross of the 50DMA over the 200DMA, and the MACD appears ready to start turning to the bullish side. It may not be too long before we see a pop out of this thing, so we’ll keep an eye peeled for that.

We also got word this morning that the company will be presenting at a prestigious investment banking conference at the beginning of next week:

ANNAPOLIS, MD, Jun 13, 2014 (Marketwired via COMTEX) — Solar Wind Energy Tower, Inc. (OTCQB: SWET) (the “Company”), the inventor of large Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity, announced that management will present at the National Investment Banking Association (NIBA) Conference to be held on June 16-18, 2014 at the Roosevelt Hotel in New York, NY.The NIBA Conference will give Solar Wind Energy Tower, Inc. access to a large audience at one time. NIBA’s membership is vast and multinational, and representing over 8,800 registered reps with an estimated $78B in assets under management. >>> FULL PR

Global Gaming Network, Inc. GBGM

With the vast array of stocks that we’re tracking all the time, it isn’t too much of a surprise when one of them perks up its head and regenerates our interest. Such was the case with GBGM yesterday; the last time we made mention of this stock in our daily reports was back on May 1st. At the time, we were monitoring the play for a bottom, which took the better part of the next month to reach.

GBGM touched down and found support at .0008 recently, and yesterday the sleeping giant was finally awakened as the company announced that it had retired 50 million shares of common stock, thereby reducing the number of outstanding shares 6%. What resulted was a significant upswing that took the stock as high as .0021 and generated gains of up to 162% for anyone that caught the bottom.

Options Ideas

OpenTable, Inc. OPEN

OPEN is gapping up tremendously this morning on news that the company is to be acquired by The Priceline Group. In situations like these, we like to monitor these high-flyers for subsequent dip-and-rip scenarios. Specifically regarding the options chain, when a strong move like this is properly utilized, it can spell big gains for those playing the Call side.

When something of this magnitude occurs, it can also create a sector-wide ripple effect, so we may also want to track stocks like LIVE, YELP, GRUB, and of course, PCLN.
 

Extended Watchlist:
GRPN, ICLD, LOCM, CNAT

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