Blue Horseshoe Stocks: TLOG Recap, Options & More

TetraLogic Pharmaceuticals Corp. TLOG

We pointed out what we felt was an interesting chart on TLOG yesterday morning in our premarket report, and the stock ended up being our top performer of the day.

We witnessed an intraday run from .31 to .62, a perfect 100% double-bag rip and it came on roughly 16.5X the three-month average trading volume. The stock ended the day at .49, sustaining more than half of its daily advance into the close. That puts us on momentum alert for the possibility of another solid session today.

Remember, there’s still an enormous gap to fill on the chart from around .65-1.50, so if we can see a testing of the lower limits of that gap, things could get mighty interesting with TLOG really quickly. We’ll be sure to stay on alert.


BP plc (BP) – Options Idea

After an interesting mixed-result earnings release in which BP reported an 80% slide in profits for Q1, yet still managed to beat estimates, we’re seeing an interesting bit of premarket activity. With the stock having gapped up roughly a dollar, we’re going to go ahead and signal a range of options that should fare well if the sentiment in early trading prevails during the session.

Of course we’ll have to keep our eyes peeled for an early dip-and-rip, but if things unfold the way we suspect they may, we’ll be very interested in tracking the BP Weekly $32-33.50 for potential daytrade/swing trade chances as we head into midweek.


Eleven Bio-Therapeutics, Inc. EBIO – Update

We also want to track back to a call we made on Friday, April 15th, suggesting our readers watch the stock into last week, and it ended making an excellent six-session Friday-to-Friday swing of 227%

The stock ran from a low of .52 to 1.70, and just began to consolidate yesterday as we kicked off the new trading week. Now that we’ve followed EBIO on the way up, we’ll continue to monitor it as it comes down, staying ready for any bounceplay opportunities that might present themselves.


Extended Watchlist:
STEV, ONOV, HPTG, EARI(Bottom-bouncer)

Blue Horseshoe Stocks: Options Review, Other Updates

Options Review

Just to refresh our readers’ memories, we highlighted a range of call contracts for three separate plays on Friday, and we’re pleased to report that sizable gains were there for the taking regardless of which idea was chosen. It marked the continuation of a flawless streak of such ideas that we offered up over the past few weeks.

Our tracked calls and the magnitude of the gains that were available were as follows:

SPDR S&P 500 (SPY) Weekly $199-202 Calls – We’ve successfully played the SPY so many times it doesn’t even bear counting, and Friday was no different. From the low end of our range to the high, gains of 80-427% were made.

Finisar Corp FNSR Weekly $15 and $16 Calls – An earnings beat made the gains in FNSR calls possible, with the $15’s running 88%, and the $16’s making a 92% upswing.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA  Weekly $175-185 Calls –  Last but not least, we had the ULTA contracts on our watchlist bank gains running from 59-117%

Again, it was yet another great week for options, and we’ll be doing everything in our power to keep the streak alive with some more ideas this week so be sure to stay tuned!


Friday’s Stock Gainers

In addition to our great success with options plays from Friday’s morning report, we had a number of other intraday movers which were also highlighted.

Propanc Health Group Corp. PPCH

This was our top-billed mention on Friday, having been following it for most of last week. A string of solid performances led the stock on a great intraweek run to that point which spanned from our observed low of .0188 to .037 (+97%) in just a few sessions.

We saw even more gains tacked on there during Friday’s trading, wherein we witnessed another nice intraday pop from the daily low of .0355 to .0516 (+45%), and the high extended our total observed range to an impressive 174% in a matter of four sessions.

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Mexus Gold US (MXSG)

Mexus was another point of discussion in Friday’s newsletter, and it too saw appreciable gains on the day.

We’d already been very familiar with the stock after tracking over a more than 1000% move in early February. We then re-tagged it the Wednesday before last and subsequently witnessed a 61% swing from .011-.018.

Friday’s session brought a continuation of that run from .017 to a high of .0299, a 71% intraday rip, and increased the total swing range to 172%

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Spectrascience, Inc. SCIE

SCIE was included in Friday’s tracklist and the stock would end up trading in a range from .003 to .0047, for total possible intraday gains of up to 56% on slightly heavier than normal volume.

It also managed to close just a tick below the high of day, so we’ll keep an eye peeled for the possibility of momentum spillover into this new trading week.


GW Pharmaceuticals, Inc. GWPH

We want to pin GWPH to our tracklist after catching a significant PR coming across the wires this morning. Late-stage studies on a cannabidiol (CBD) treatment of a rare pediatric disease has yielded positive results, and the stock has thus far gapped up over 100% in the premarket.

We’ll take our classic stance of monitoring for a possible dip-and-rip situation and look to get positioned in some in-the-money Calls, dependent upon where the bounce occurs.

LONDON, March 14, 2016 (GLOBE NEWSWIRE) — GW Pharmaceuticals plc (GWPH) (GWP.L) (“GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announces the positive results of the first pivotal Phase 3 study of its investigational medicine Epidiolex® (cannabidiol or CBD) for the treatment of Dravet syndrome. (>> FULL PR)


Extended Watchlist:
DDD, TFM, GBIM, HPTG, USAR, IEEC, ASTI, SVTE

Blue Horseshoe Stocks: Leap Day Report

Happy Leap Day!

Good morning, Traders! Before we jump into today’s report- it’s February 29th- so we’d like to wish our readers a Happy Leap Day! On this, the rarest of occasions, we thought it’d be interesting to use our archives to do a four year time-warp back to the last leap day and see what we were talking about.

It turns out that we had signaled Energy Recovery, Inc. ERII as a bottom-play opportunity on the morning of February 29th, 2012, and it  turned into one heck of a long-term idea. The stock actually ran from it’s then-price in the 2.50-range to nearly 8.00 over the course of the next two years!

Flash forward to the current situation; ERII has been trending upward for the past two weeks solid, after having just announced an upcoming share buyback program a few weeks prior to that (>>View PR). Meanwhile, we have an RSI heading toward the power zone, and a MACD (not pictured) showing sharp upward divergence. We’ll monitor the stock in coming sessions on the chance that it continues the nice head of steam it has built up at the moment.


Updates on Recent Winners

INTREorg Systems, Inc. IORG

We first introduced IORG to our reports two Fridays ago, when the stock was trading as low as .62, and it has since gone on to reach a high of .88. This 42% rise came on relatively light volume. Given that IORG has such a low float (just 14.4M shares outstanding) it’s possible that only a slight amount of buying pressure can effect even larger gains than we’ve seen thus far, so we’ll have an eye peeled for increased activity.

Provision Holding, Inc. PVHO

PVHO first began appearing in our reports a few weeks back, and has continued to do so with regularity. On the day of our initial mention we observed a PPS of .084, and subsequent high of .18 (+114%). That was followed by an eventual dip back to .106 before rocketing to a new high of .25 (+136%). We’ll continue to track PVHO as long as it keeps inching its way up the chart.


Palo Alto Networks, Inc. PANW – Options Update

Among our options daytrading ideas from Friday morning’s report, one stands tall among all the others. The PANW Weekly $147 Calls ran from .10-2.00 for an incredible 1900% rip, marking not the first or second, but *third* gainer of 1500% or more for the week!

Fresh Idea: Taser International, Inc.TASR (03/04 $18.50-20.50 Calls)


Extended Watchlist:
AGTK, ASUV, USAR, HPTG, ELED,