Reviewing Friday’s Winners, Fresh Plays

Recapping Friday’s Runners: 

As our regular readers should know, we focus a lot on quick-strike trading ideas for the SPY, and in typical fashion, we played the SPY successfully quite a bit last week. We hashed out some fresh single-session ideas for it on Friday morning in our premarket report, along with some calls for this week in the WDFC chain.

Both of those sets of targets produced solid results on the day with help from the bullish market performance, which peaked shortly after midday. We were able to observe some multi-bag runs in our SPY calls, and some more modest yet still solid moves from the WD-40 Company.

Those trading ranges and total possible gains were as follows: 

SPY 04/08 $448-449 Calls
$448:
 .74-2.90 (+67%)
$449: .50-2.10 (+312%)
_____

WDFC 04/14 $190-200 Calls
$190: 6.65-10.60 (+60%)
$195: 4.11-7.00 (+67%)
$200: 1.51-4.40 (+312%)


Fresh Options Ideas:
SPY 04/11 $446-444 Puts
SHAK 06/17 $65 Calls 


1812 Brewing Company, Inc. KEGS – News Update:

We also have got another PR update on KEGS this morning, focusing on the execution of the next phase of its plan to clean up the share structure of the company. Last week we passed along the report that KEGS would be undergoing a large reduction in its authorized shares, and this morning, we see that the CEO will be retiring a half a billion common shares from his own holdings.

It’s refreshing to see a company that is so committed to creating shareholder value, and a more attractive prospect for new investors as well. KEGS is on the right track toward marked improvement, and we’ll be along for the ride, monitoring the situation as it continues to unfold.

Watertown, NY, April 11, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) announced that it has agreed to cancel five hundred million (500,000,000) common stock shares held by its CEO, Tom Scozzafava.  Further, the CEO stated that he could retire or exchanging as many shares that he owns to help increase overall shareholder value regardless.  “My interest is in the long-term viability and growth of the Company, and I am committed to doing what is in the interest of just that.” (>>View Full PR)


Extended Watchlist:
HMLA, KGKG, HMBL, IGEX, NICH, SBES, NUGN, HOTH, IVDA, VERU, GNCA

Huge SPY Gains, KEGS News Alert & More

Massive SPY Gains: 

Monday is upon us once again and we’re ready to kick the tires and light the fires on another big trading week. We made out like bandits on Friday, after signaling some SPY calls in our premarket report, one of which registered one of the largest single session gains our ideas have yielded this year.

Both of our quick-strike targets put up positive figures. Specifically, we were looking at the SPY 04/01 $452-453 Calls, and the BABA Weekly $112-116 Calls. and the potential gains from which were as follows:

SPY 04/01 $452-453 Calls
$452:
 .07-1.23 (+1657%)
$453: .01-.40 (+3900%)
_____

BABA Weekly $112-116 Calls
$112:
 3.36-5.00 (+49%)
$113: 1.41-6.10 (+333%)
$114: 2.03-3.25 (+60%)
$115: 1.51-2.52 (+67%)
$166: .85-3.50 (+312%)


Fresh Options Ideas:
TWTR Weekly $44-45.50 Calls
B 06/17 $40-45 Calls


1812 Brewing Company, Inc. KEGS – News Update:

We’ve also got another major PR update from KEGS this morning which could have significant impact on the stock moving forward, so this is definitely something that requires our immediate attention.

The company is moving to reduce its number of authorized shares by half, with an allusion to even further reductions at a later date. Share reductions can go a long way to increasing the overall health and attractiveness of a stock, KEGS certainly seems committed to that mission.

Watertown, NY, April 04, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) is pleased to announce that it shall reduce the Company’s authorized shares by 50%.  “It’s hard to imagine a scenario wherein the Company would need to issue 20 billion shares, and to have the Authorized Shares at that level may even be counterproductive to our ongoing efforts to reduce the Company’s overall cost of capital” stated Chairman and CEO Tom Scozzafava.  He continued, “This is a case where perception can create the reality.  If it is perceived that that many shares must be issued to fund your company, then that many shares may just, in fact, be needed.  And that certainly is not our intent.”

The Company’s current Authorized Shares are approximately 20 billion, the move would decrease that to approximately 10 billion.  Finally, Mr. Scozzafava stated, “and if operations continue to progress as they have been, an additional 50% decrease from there is likely.”  The Authorized Share reduction is subject to shareholder and board resolutions and an accepted filing with the State of Florida. (>>View PR)


Extended Watchlist: 
PLX, SPI, RCAT, BRQS, KATX, CRYM, KGKG, CLNH

Multibag SNOW Options, KEGS NEWS & More

SNOW Calls Rip:

Yesterday morning’s earnings calendar was a little disappointing in terms of the quality of the companies reporting, so we went in a completely different direction with our daily options idea and selected some longer-term targets in the SNOW chain. This was a purely technical play based on the stock’s chart setup, and it proved to be a really solid decision right from the get-go.

We slated the SNOW 05/20 $235-245 Calls for tracking, and all five of the contract sets therein produced huge multi-bag gain opportunities which were as follows:

SNOW 05/20 $235-245 Calls
$235:
 2.50-10.20 (+308%)
$237.50: 2.30-8.80 (+283%)
$240: 1.40-7.70 (+450%)
$242.50: 1.35-6.61 (+390%)
$245: 1.00-5.67 (+467%)


Fresh Options Ideas:
SPY 03/30 $457-460 Calls
ASO Weekly $38-40 Calls
LOVE 04/14 $50-55 Calls


1812 Brewing Company, Inc. (OTCMKTS:KEGS) – News Update:

We’re also checking back in on KEGS, the craft beer brewing company located in Upstate New York that we originally featured in a special report in February.

The company has released another press report today that we wanted to pass along to our readers. We would also suggest anyone who isn’t familiar with KEGS to click the link above and dive into that initial report. The company is forming a new vehicle to help fund their acquisition plans, so things are really getting exciting over at 1812 Brewing!

Watertown, NY, March 29, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company”) announced that it has formed a subsidiary to pursue the strategic acquisition facet of its growth plan within the craft brewing industry.  1812 Acquisition Company, of which 1812 Brewing owns 100%, will be used to finance the Company’s first material acquisition or series of acquisitions.

As previously announced, 1812 Brewing Company’s three-pronged growth strategy within the craft beer sector includes:

  1. Organically growing the brands already in the portfolio. Currently, this includes War of 1812 Amber Ale1000 Islands IPA, and Malicious Intent XX IPA, among others;
  2. Through contract brewing, wherein for a fee, the Company utilize its excess production capacity to produce other parties’ beers; and
  3. Through acquisition or a series of acquisitions.

(>>View Entire PR)