Tag: IDN

Blue Horseshoe Stocks: CNAT, Options Ideas & Extended Watchlist

Conatus Pharmaceuticals, Inc. CNAT

CNAT is a stock that we first discovered as an FDA play back in early December, when one of the company’s treatments had been granted orphan drug status.  At the time, the stock was trading at less than $5 a share, and by January, we saw a huge run that took it over $14.

It brought a few other swings in the following months, but had fallen to the back burner for quite some time as it consolidated. Yesterday it set off our alarms once again, springing back to life and running hard on heavy volume, so once again CNAT has our full attention.

After reaching as high as 9.90 during yesterday’s session, we’ll be on the lookout for possible dip-and-rip opportunities. We’d like to see support hold in the 8-8.50 range moving forward and if it can do that, chances to score quick strike gains on the bounce could be present.

Petroleo Brasiliero S.A. (Petrobras) PBR – Options

The PBR options chain has been a veritable cash cow for us this year as many of you already know, and we’ll continue to talk about it for as long as it continues to work in our favor. Yesterday was no letdown, as

All of the Call contracts that we’ve been monitoring ($14-15 Weekly Calls and the 07/19 $15 Calls) have been rocking, providing us with several shots at alarmingly high returns.

If PBR breaks over this morning’s pre-market high of 15.90, we may look to roll our strike price up to $16 (Possibly the 07/03 $16’s which closed @ .36 yesterday) and with how far the latest trend has taken us, we wouldn’t be too surprised to see that happen.

Extra Options Idea: Molson Coors Brewing Co. TAP

The TAP October $75 Calls showed an abnormal amount of trading activity yesterday, causing us to raise an eyebrow. Just for good measure, we’re going to throw those contracts up on our radar and monitor the situation.

Extended Watchlist:
KNDI, GERN, ZLCS, REPH, IDN, SNSS, SIGM, ARNA

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: ACGX, NEWL & Extended Watchlist

Alliance Creative Group, Inc. ACGX

The last time we looked in on ACGX was on May 15th, and the stock had just run into some resistance in the .006 area for the second time in as many weeks. Since then, we’ve been monitoring for a break of that key level on the chart, and it finally occurred yesterday during quite a fruitful session.

ACGX made a respectable intraday move from .0046 to .0064 on greater-than-average volume, giving traders the chance at rapid profits of up to 39%

The stock closed out the day having held the majority of its gains (.0058) so, as we go forward, we’d like to see it once again overtake the .006-level and hold support at or above that mark.

We haven’t had any updates from the company since it reported record revenues early this month, so we’re going to be watching the press wires closely. Alliance seems to make a habit of keeping its shareholders apprised of current events with regularity, so we wouldn’t be surprised to see an update come down the pipe in the relatively near future.

Recent Press:

Alliance Creative Group (ACGX) Reports Record Revenue of $3,299,009 for Q1 of 2014, a 34% Increase From Q1 of 2013 and Net Income of $326,796 for an Increase of 237% Compared to Q1 of 2013 (Mon, May 5)

Alliance Creative Group, Inc. (ACGX) Announces That It Will Be the Official Printing and Packaging Sponsor Along With Being a Presenter for the 1st Annual Cannabis Investor Conference in Denver, Colorado (Wed, Apr 30)

NewLead Holdings Ltd. NEWL

We’re glad that we re-mentioned NEWL in yesterday’s report despite the fact that it was already in the midst of a major run, because the stock kept on pushing its upper limits, running from a daily low of 2.40 all the way up to 3.81 marking an intraday move of 59%

This morning it appears as if NEWL wants to continue pushing the envelope, as it has reached as high as 4.20 in pre-market trading. That represents an overall move of 986% from the low of .3867 we observed just four sessions ago.

Granted the fact that we originally placed it on bottom-watch on May 9th, NEWL is definitely making its case for becoming one of our best bottom-plays of the year.

This morning’s pre-market high of 4.20 will be the area of resistance we’d like to see broken during today’s session.

Extended Watchlist:
LIQD, IGC, MY, HERO, NQ, IDN