Tag: KNDI

Blue Horseshoe Stocks: Form-4 Bottom Play

La Jolla Pharma Co. LJPC – Form-4 Bottom Play

One of the top scenarios we routinely scan for on a regular basis, is a Form-4 Bottom Play. Whenever we witness a stock trading at or near its annual lows being purchased in large amounts on the open market by its own directors, we can feel fairly certain that their confidence in a potential recovery is high.

LJPC is a fantastic example of this at the present time. We’ve just noticed more than 12M shares being purchased by a director in three separate transactions over the past few days, amounting to roughly $6.8M, or nearly five percent of LJPC’s total market cap. (>>View Transactions)

We’ll now treat this as any other bottom watch play, and monitor the stock for a recovery in coming sessions.

Kandi Technologies, Inc. KNDI

We signaled KNDI in yesterday morning’s extended watchlist, and the stock managed a solid move on the day for our first session of observation on the stock since early in the fall.

KNDI traded in a daily range from a low of 4.60 to 5.63, a modest but solid 22% intraday rise, and a good start on a more significant push. We’ll look for KNDI to test its previous resistance in the mid-$6 area going forward.

Fresh Options Ideas:
KBH 01/18 $22 & $23 Calls
BBBY Weekly $13 & $13.50 Calls

Blue Horseshoe Stocks: More Hot Options Calls

Roku, Inc. ROKU

We signaled a range of ROKU calls yesterday morning after having tracked the stock itself to some nice gains in recent weeks. Despite a late pullback, ROKU produced an intraday run sufficient to propel four out of our five sets of highlighted contracts to some really nice single session moves.

With the exception of the 45.50’s which were too far out of the money, all of the targets yielded multi-bag gain opportunities on the day.

$43.50 Calls – Range: .34-.88 – Max Gain: 159%
$44 Calls – Range: .20-.70 – Max Gain: 250%
$44.50 Calls – Range: .23-.50 – Max Gain: 117%
$45 Calls – Range: .16-.48 – Max Gain: 200%

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Petroleo Brasileiro SA (Petrobras) PBR – Update

Just a quick update on the PBR Weekly $14.50-15.50 Calls that we signaled and rode to some nice gains earlier this week. We wanted to remind readers that those are still in play, and with PBR gapping up in the premarket once again, we’d expect to see new highs on our tracked contracts which have already produced multi-bag upswings this week.

Constellation Brands Inc. STZ

We are quite familiar with Constellation, with the beverage giant being headquartered in the same city as our home offices. STZ was building some decent momentum off of recent lows, until this morning’s earnings release, where some lackluster figures and guidance for 2019 are getting the stock crushed in the premarket. It’s testing new annual lows, which has us sniffing for a bargain.

We are taking a longer view on this company and signal a couple of sets of extended-term calls for what we expect to be a rebound from current conditions in the weeks and months ahead. We’re going to place the STZ 02/01 $150-157.50 Calls and the 04/18 $160-170 Calls on watch.

Extended Watchlist:
USAT, ACST, KNDI, MYSZ, FCEL,

Blue Horseshoe Stocks: Fresh Options Ideas & More

India Globalization Capital, Inc. IGC – Update

As we were mentioning yesterday morning, ICG was a near-perfect bottom call we made roughly three weeks ago in our report on September 10th and thereafter we would observe a low of 1.03.

For the past couple of weeks the stock has been on fire, gaining ground by leaps and bounds, and yesterday it recorded yet another huge session. From a daily low of  9.50 the stock ran to a new high of 14.58, for an intraday gain of 53%

From our initially observed low midway through last month, that marks an overall increase of 1316% Cheers to any of our readers who have been in on this mega-runner!

Tesla Inc TSLA – Recap

Yesterday morning we mentioned that our idea from Tuesday morning, the TSLA Weekly $300-310 Calls, most likely stood to gain even more ground based on the stock’s premarket activity.

As it turned out, we were absolutely correct, with each of the five contracts we designated as items of interest extending their highs on the day. Here are the updated figures from Tuesday’s session through yesterday’s closing bell:

$300 Calls – Range: 11.10-18.60 – Max Gain: 68%
$302.50 Calls – Range: 10.00-16.25 – Max Gain: 62%
$305 Calls – Range: 8.65-15.30 – Max Gain: 77%
$307.50 Calls – Range: 7.70-13.45 – Max Gain: 75%
$310 Calls – Range: 6.60-12.00 – Max Gain: 82%

Tesla is gapping up today and looks to be ready to push these contracts deep in the money, so we’ll expect to see these ranges and possible gains extended even further from here.
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Fresh Options  Ideas:
Petroleo Brasiliero S.A. (Petrobras) PBR Weekly $13.50 & $14 Calls
Marriot Vacations Worldwide Corp. VAC 11/16 $105-115 Calls

Extended Watchlist: 
BRFS, KNDI, INNT, TPX, CRBP, VTGN, TROV