Blue Horseshoe Stocks: Recaps, Fresh Ideas & More

Chipotle Mexican Grill, Inc. CMG 

Our extreme success on the options front continues. We cited the CMG chart setup as the reason for wanting to have our eye on the CMG Weekly $297.50-305 Calls yesterday morning, and were very pleased with the intraday performance we witnessed. It also didn’t hurt that the founder stepped down to make room for a new CEO, which went over well with the investment community.

Regardless of which strike price was chosen, there were some serious multi-bag single-session gains there for the taking:

$297.50 Calls – Range: 1.50-8.10 – Max Gain: 440%
$300 Calls – Range: 1.15-6.50 – Max Gain: 465%
$302.50 Calls – Range: .77-5.00 – Max Gain: 549%
$305 Calls – Range: .54-3.83 – Max Gain: 609%

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Fresh Idea:

The Kroger Co. KR – We want to signal some options to watch for Kroger as well after the company tidily topped 3Q forecasts with this morning’s earnings report. We’re going to be looking to the KR Weekly 25.50-27.50 Calls to try to take advantage of the conditions. We’re also anxious to listen in on the conference call slated for later this morning.



Crypto Recaps

Whatever you refer to it as, virtual currency, digital currency, or cryptocurrency, the rise of Bitcoin has fueled a hugely popular market sector, and caused many small companies to shift focus to attempt to capitalize on what has become pure hysteria.  Bitcoin breached $11,300 yesterday, and as a result, some of the BTC-related plays we’ve tagged have enjoyed really nice moves on the chart.

Integrated Ventures, Inc. INTV – Having recently lauched its bitcoin mining efforts, INTV is a stock that we slated for observation in our watchlist yesterday morning. The stock responded with a solid run from .551 to .97, marking an intraday pop of 76% on more than ten times its monthly average volume.

Peer to Peer Network PTOP - This one appeared in our watchlist earlier this month on the 7th. We came early to the party on this one, but with Bitcoin setting its new all-time high once again yesterday, it woke up in a big way. That included a serious intraday move of 1780% as PTOP traded from a low of .0005-.0094. It represented the stock’s highest price in three years, and a new all time record high volume, with over 400 million shares changing hands on the day.


Extended Watchlist:
RAD, MYSZ, RYB, MIK, ADMP, BOSC, IBIO, SNAP

Blue Horseshoe Stocks: ACBFF Recap & More

Marathon Patent Group, Inc. MARA

Yesterday morning, we were just recapping the recent excellent performance of MARA since our alert on November 2nd, at which time e would observe a low of 1.19 in the stock.

MARA had run all the way up to more than $6 as of Friday, and we mentioned that the stock was gapping up even further in yesterday’s premarket. We came back for this one at an excellent time, and the stock posted yet another bullish session. It picked up right where it left off on Friday once the session commenced, with MARA running to 10.03.

That high also represented an increase of 743% from our original low from early this month. From the current point, the stock has begun to look extremely overbought, so we may need to look out for a dip-and-rip scenario to remain interested in this play moving forward. But the huge move is already on the books and we’ve been very pleased with its performance.


Aurora Cannabis, Inc. ACBFF

We also want to go over the solid run from ACBFF since we last mentioned it on November 7th. We included it as part of a cannabis commentary, wherein we urged readers to consider the current and expected strength in the Canadian marijuana markets. Aurora has long been one of our favorite Canadian pot plays, and for good reason.

On the day of our last alert on ACBFF, it traded for as little as 2.777/share, and as of yesterday’s new high of 6.65, we’ve now seen a run totaling 139% from this play. A very respectable run for the month of November. This is certain to be one of many cannabis stocks from North of the Border that we’re going to continually track with Canada’s nationwide marijuana legalization headed this way in just 8 month’s time.


Extended Watchlist:
ROKU, THO, IQV, INTV, SORL, NEPT