Blue Horseshoe Stocks: Multiple Winners & More

Marathon Patent Group, Inc. MARA

We initially brought MARA into the fold on Thursday morning, when we highlighted it in our premarket report as a bottom-bouncer. The stock had just made a considerable move of off its recent relative lows the session prior, and looked set to continue into a multi-day run.

That certainly came to pass, with a solid performance on Thursday leading into yet another for Friday. On Thursday we observed a low of .22 and a moderate run into the .30′s but Friday, things ramped up to another level with MARA running from .24-.48 for an even 100% move on the day and a total rise of 118% over a two-day span.

That’s certainly a heck of a bottom-bouncer call. If things were to progress in a similar fashion to kick off the new trading week, today MARA could be looking at the fifty-cent range or better.


Defense Technologies International, Corp. DTII

We tagged DTII in Friday morning’s extended watchlist, and were very pleased with the solid intraday performance yielded by the play. The stock ran from a low of .0042 to as high as .0075 on the day, marking a move of 79%

The PPS pop was accompanied by a considerable influx of volume, on the order of more than six times the monthly average of shares changing hands. The past two sessions, in terms of price action and liquidity, have blown all others of the past few months out of the water, so we’re interested in seeing whether the stock can sustain this level of activity moving forward.


AVEO Pharmaceuticals, Inc. AVEO

We also tagged AVEO on Friday morning for the first time in a couple years, and the stock promptly turned around and set a new 52-week high on the day.  While the move itself was relatively modest, running 31% from 1.05 to 1.38, it did occur on mammoth volume, just a hair shy of 22X times the monthly average volume.

It did lose having held more than half of its daily advance, and is gapping up slightly in the premarket today, so we’ll definitely keep a slot reserved for AVEO on our watchscreens as we kick things off today.


Bed Bath and Beyond, Inc. BBBY – Options Recap

We went bearish on Bed Bath & Beyond on Friday with a set of options contracts to follow in the wake of their disappointing quarterly results, and it turned out to be a fantastic idea.

Our targets were the BBBY Weekly $31.50-30.50 Puts and regardless of which strike point was chosen, sizable gains were there for the taking:

$31.50 Puts – Range: 1.07-2.07 – Max Gain: 93%
$31 Puts – Range: .64-1.58 – Max Gain: 147%
$30.50 Puts – Range: .31-1.05 – Max Gain: 239%


Adobe Systems Inc. ADBE – Options Recap

We signaled some options for the ADBE chain on Wednesday, and the stock finished the week strong, and we witnessed some nice gains there as well. We were looking at the ADBE 06/30 $147 & $148 Calls, and both ideas have worked out nicely thus far.

The $147′s traded up from .35-.62 (+77%) while the $148′s ran from .17-.35 (+106%). Granted the nature of Friday’s session for ADBE, and these contracts not expiring until the end of this week, we wouldn’t be at all surprised to see these gains extended before it’s all said and done.


Extended Watchlist:
IDXG, PTN, SDRL, SPHS, RNVAZ, ZSAN,

Blue Horseshoe Stocks: EKSO Recap & More

Yesterday’s Notable Gainers:

Ekso Bionics Holdings, Inc. EKSO - On a choppy day for the markets as a whole, we managed to root out a decent intraday mover in EKSO. This stock traded in a daily range from a low of 1.40 and ran as high as 1.92. That works out to 37% pop, and it occurred on roughly 12.5X the 30-day average volume.

With a strong close at 1.81, we’ll be interested in continuing to track EKSO as we head into week’s end, keeping an eye out for the registering of higher highs and higher lows.
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LiNiu Technology Group, Inc. LINU -  Also contained in yesterday’s premarket report was a reference to LINU, and it too made a moderate move on the day.

From its low of .42 LINU managed to get up as high as .5569, which marked a 33% upswing and that came on just a hair under five times the monthly average volume, so we’ll continue to keep tabs on this play as well.


Interpace Diagnostics Group, Inc. IDXG

As you can see on the chart below, IDXG has taken a bit of a beating of late, and we noticed it gapping up significantly in the premarket this morning, so we want to signal it for observation.

The early activity could be due in part to a bullish IDXG blurb published on Seeking Alpha this morning, but as we mentioned above, this in an interesting play purely from a technical perspective as well. We’re always looking for bottom bouncers to track and IDXG currently fits that bill. .

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HTG Molecular Diagnostics, Inc. HTGM

Speaking of bottom bouncers showing life in the premarket, we also want to point out similar activity in HTGM. Like the above-mentioned play, the stock has recently experienced an extended selloff period, and could be ready to mount a comeback, so we’ll be on the lookout for that. .


Extended Watchlist:
AVXS, CTIC, SKLN, ROX, XXII

Blue Horseshoe Stocks: BBY Options, XTRN Recap & More

Las Vegas Railway Express XTRN - Update

As we were just mentioning yesterday, a member of our daily live trader’s chat* allowed participants to snag gains of up to 300% on Tuesday as XTRN ran from .0003-.0012.

We also noted the immense volume flowing through the stock, along with a bullish close and suggested that a continuation of momentum was possible. Sure enough XTRN followed up one strong session with another, trading in an intraday range from a low of .001 and reaching as high as .0027, which works out to an intraday run of 260%

That is certainly a premium single-session gain opportunity that was available to all of our subscribers, but chatroom members* could have had a shot at the full two-day swing, which comes out to an incredible 800%

XTRN received an offer to be bought out and merge with XREE, another ‘X-Train’ company that runs scenic train tours, so we’ll be interested to see how that situation plays out.

*Do you subscribe to our mailing list? If so, you’re eligible to participate and/or observe our daily trader’s chats! Simply send a contact request to username ‘stocksumo’ and we’ll take care of the rest.


Best Buy Co. Inc. BBY – Options Idea

Post-earnings options ideas for high-profile companies have produced some of the biggest gains that we come across, so we want to formulate one for BBY today. A unexpectedly strong Q1 release has catapulted the stock here in the premarket where it has touched eleven-year highs.

We are going to be very interested to track BBY Weekly $55-58 Calls for potential swing trades, especially if the stock behaves predictably and executes an early dip-and-rip.

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Bonus Idea – Abercrombie & Fitch Co. ANF

ANF posted a mixed earnings release, beating on sales but taking a heavy loss for Q1. Still, the markets as a whole seem bullish, and ANF is gapping up moderately in the premarket. We’ll be looking at the ANF Weekly $13 & $13.50 Calls.


Bitcoin Watchlist

With Bitcoin soaring to its all-time highs, it’s taking a lot of the related stocks along for the ride. In light of this, we want to hash together a bitcoin watchlist to keep an eye on amid this historic trend:

GBTC, CNXS, CCTL, HSHS, BTCS, BTSC


Extended Watchlist:
BCRX, AERI, SHLD, GES, IDXG

Incoming search terms:

  • bcrx train car symbol
  • gbtc pre market

Blue Horseshoe Stocks: Options, SGMO Recaps & More

Snap, Inc. SNAP – Options Recap

We called for a course-correct on SNAP in our premarket report on Friday after the stock had taken a post-earnings pounding the previous day. Our hunch was spot-on, as SNAP came roaring back to fill a portion of the gap that its beat-down had created, and regardless of which contracts had been chosen, there were sizable gains there for the taking..

We were looking at the SNAP Weekly $18 Calls for potential daytrades, as well as the SNAP 6/16 $18 & 19 Calls for a longer-term idea.

The Weekly $18′s ran from .25-1.38 for a 452% rip. The 6/16 $18′s made a 69% move from 1.18-2.00, while the 06/16 $19 Calls traded from .75-1.45; a 93% pop. We’ll continue to monitor those June 16th calls, and take rolling up to the $20-level into consideration as the stock is once again up in the premarket.
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We also added AZN $32-33.50 Weekly Calls as an extra idea on Friday morning and two out of the four contracts in that range provided traders with solid chances for multi-bag gains as well. The movement came in the $33 Calls which ran 112% from .40-.85, and the $33.50′s, which saw a 450% surge from .10-.55.


Sangamo Therapeutics, Inc. SGMO

We had initially tagged SGMO for observation in Thursday morning’s extended watchlist, and the stock finished out the week in strong fashion, recording higher highs and higher lows each day.

On the whole, we’ve thus far seen SGMO trade up from Thursday’s low of 6.05 to a high of 8.5385 on Friday. That works out to a two-day swing of 41%, which is actually quite impressive for a stock in the $6-8 range. We’ll continue to track SGMO in the event that the trend spills over into this week.


BravaTek Solutions, Inc. BVTK

BVTK is a top-notch super sub-penny runner that came out of our daily trader’s chatroom* a month ago and went from .0002-.0041 in a two-day span.

Following that epic run there were a few profitable dip-and-rip opportunities, and Friday we noticed the stock making another solid 100% intraday day run on increasing volume. We want to keep this one on watch this week for a possible continuation of momentum!

*Do you subscribe to our mailing list? If so, you’re eligible to participate and/or observe our daily trader’s chats via Skype. Simply send a contact request to username ‘stocksumo’ and we’ll take care of the rest.


Extended Watchlist:
OME, WLB, XTNT, CYRM, IDXG, SORL,

Blue Horseshoe Stocks: LEXG Run Continues & More

Lithium Exploration Group, Inc. LEXG

LEXG came out a winner once again yesterday, even as we were mentioning how many quality opportunities the stock has brought us in the past, in our morning report.

On big time volume in the neighborhood of 7.5X the monthly average. LEXG broke out to new highs, trading in an impressive daily range from .0044 to .0112, for a 155% rip.

That’s small potatoes, however, compared to the overall move we’ve witnessed since our alert during the week between Christmas and the New Year. At that time the stock saw a low of .0013, which means we’ve seen a monstrous run of 862% out of LEXG in just over three weeks’ time!


Opko Health, Inc. OPK

We’re looking at OPK as a potential bottom-play today from a technical perspective, after noticing several attractive features on the chart.

As you can see from the included snapshot, the chart is currently boasting an enormous gap to the upside, with a recent track record of making volatile swings and gap-fills. Not to mention an oversold indication from the RSI and a rapidly ripening MACD.

Additionally, we’ve got a Form-4 alert for OPK; the CEO picked up a sizable tranche of shares near yesterday’s lows (>>View Filing)

We’re going to want to keep this one on our radar for a possible rebound in the days and weeks ahead.


Extended Watchlist
HWAL, SDVI,  SOUM, SING, RMHB, IDXG