Blue Horseshoe Stocks: APHA, MDCA & More

Aphria, Inc. APHA

Yesterday morning in our premarket report, we said that the unusually high short interest in APHA was one of the factors playing into our decision to designate it as a bottom-watch play. The rebound we were looking for came instantaneously for us with APHA heating up, and the short squeeze was on.

From a low of 3.75, the stock cruised on up to a high of 5.59 for a daily burst amounting to 49% on considerable volume. We’ll be looking for APHA to continue to make up some of the ground it has lost over the past month.



MDC Partners, Inc. MDCA

Another stock we included as a bottom play yesterday, MDCA also experienced a solid performance on the day. It traded from a low of 2.57 on up to 3.29, for a moderate but respectable 28% gain.

It also factored in as the NASDAQ’s fourth largest gainer of the session. The run came to an end right around an area of previous resistance, so we’ll look for it to break that top in the sessions ahead.



Fresh Options Ideas

Cronos Group Inc. CRON Weekly $13-15 Calls* – As we were just mentioning on Tuesday, we first tagged CRON back on Halloween, at which time the stock was trading at a low of 7.10. This morning in the premarket the stock has attained an impressive new high of 14.58, marking a five week run of 105% The above mentioned calls are how we’re going to attempt to take advantage of today’s new movement on the chart.

Lululemon Athletica, Inc. LULU Weekly $130-133 Calls*

SDPR S&P 500 ETF (SPY) Weekly $268-270 Calls*

*Caution: NEVER trade options contracts with a weekly expiration on a Friday unless you are an expert level trader with disposable funds!


Extended Watchlist:
SGSI, DNR, NOG, RIG, OMED, WTI, WLL, CRC, CASI, KTOS

Blue Horseshoe Stocks: New Options Ideas

Jammin Java Corp. JAMN

We’d like to radar a familiar old play that we haven’t taken a close look at in nearly a year. JAMN, over the course of the past couple of months, has tumbled its way back to bargain-basement prices.

Now a subpenny play attempting to get a leg up over newly-registered 52-week lows, we’re going to be observing the stock for a potential recovery in sessions to come, as regaining just a fraction of the ground it’s lost recently could spell multi-bag upswings from current PPS levels.


Fresh Options Ideas

We’ve got a couple of new ideas on the options trading front this morning, and based on positioning on their charts, both of the following stocks may also be ripening for possible swing-trade opportunities.

Ford Motor Co. F – In addition to a slight ascending wedge pattern, F has a sizable gap to the upside not far off of the current pricing. Additionally, short interest on the stock has decreased by a large margin, setting us up to track some potential options ideas to correspond with what we think should be some upward momentum in coming sessions.

Along with F stock itself, we’re going to be tracking the F 10/14 $12-13 Calls for possible swing trades.
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Freeport-McMoRan, Inc. FCX – We’re interested in this copper play for a couple reasons this morning. A huge asset sale valued at roughly $2B hitting the newswires (>>Read More) is what has drawn our attention to FCX, in conjunction with a bottom bounce signal off of 5-month support levels on the chart.

We’ll be on the lookout for chances in the FCX 10/14 $11-12 Calls. Like the previously mentioned play, time won’t be as much of a factor here, with just over a month until these contracts are set to expire.


Extended Watchlist:
KTOS, NUGN, TURV, AGTK, TPLM

SING, AEGY, PROW & Extended Watchlist

 Singlepoint, Inc. SING

SING was on the move Friday, following some exciting news (below) and we placed it on our Stock Tracker which you can find in the sidebar of our blog at BlueHorseshoeStocks.com.  This is a good example of why we recommend visits to our site regularly, even if you’ve already received our daily report in your inbox. There is often content that gets added to the site throughout the course of the day, so keep that it mind!

Additionally, SING was discussed in our live trading chatroom, which is open to anyone with an interest in stocks, and a Skype connection. If you’d like an invite to the chat, send a Skype contact request to username: stocksumo

The following images show some of Friday’s chat activity on SING:


Indeed we are seeing the gap-up that we expected, this morning pre-market trades have gone off as high as a nickel. After such a huge spike, we wouldn’t be looking to jump in head-first, as a dip-and-rip scenario is exceedingly common in these situations. The resulting bounceplay could still provide traders with ample opportunity. Being another cannabis-related stock, SING is sure to be on our radar well into the future.

PHOENIX, AZ–(Marketwired – Jan 31, 2014) – SinglePoint, Inc. (OTC: SING), a state-of-the-art mobile technology and full-service mobile marketing company, announced today that it has developed a fully functional mobile payment system branded for the Cannabis and Medical Marijuana Industry — Mobile Cannabis Currency. Concurrently SinglePoint is developing point-of-sale mobile payment systems for use by cannabis dispensaries. This system is based on payment technologies used in the field for other business applications.

SinglePoint also provides text message marketing and notifications. This will enable cannabis establishments to send out messages informing their clients of the latest inventory and new products or services. Due to the nature of the industry, SinglePoints’ mobile marketing technology — the opportunity to market directly to their target market — will be a large benefit to Cannabis and Medical Marijuana providers. >>> FULL PR


Alternative Energy Partners, Inc. AEGY

Speaking of momentum plays that were running on Friday, we saw AEGY (which had already afforded us cumulative gains approaching 200% earlier in the week) run from .0036 to a high of .0078. This morning, the stock has breached a penny in pre-market trading, presumably over continued excitement with Friday’s PR regarding the readiness of the company’s online marijuana dispensary. With the monster swings AEGY has been making since we first began talking a lot about it  last Monday, we’ll need to watch closely.

LOS ANGELES, CA, Jan 31, 2014 (Marketwired via COMTEX) — Alternative Energy Partners (OTCBB: AEGY) (OTCQB: AEGY), known as PharmaJanes (“the Company”), is pleased to announce that PharmaJanes.com, the e-commerce servicing platform, is now open for new patient enrollment. PharmaJanes will first begin servicing parts of metropolitan Southern California, and thereafter will expand throughout California in phases. At the appropriate time, PharmaJanes intends to roll out nationwide. >> FULL PR


Progress Watch Corp. PROW

PROW has been a superstar since we began talking about it heavily beginning on December 20th, when we caught it at a low of .0065. From the very start, we were looking for a Golden Cross formation on the chart to signify upcoming gains, and we were not disappointed in the slightest. The stock went on to hit a high of .079 just three weeks later, a mind-numbing move of 1115%

Since that peak we’ve seen PROW undergo some routine consolidation, and it seems to have established itself a base of support around four cents, so we want to call attention back to it as the time for another swing may soon be drawing near.


Extended Watchlist:
KTOS, NBG, GIG, RITT, PGNX, IPCI, BEAT, CTIC