Tag: KWBT

Blue Horseshoe Stocks: PLKD Recap, Options Idea & More

Pleasant Kids, Inc. PLKD 

PLKD was far and away the best among all of the stocks we talked about in yesterday’s premarket report. We’d mentioned the fact that the stock had been on a very steady run-up since our first alert came roughly six weeks prior, on October 13th. Up until yesterday, the total observed move we witnessed in PLKD was an impressive 380% swing from .0581- .279.

Despite being up so high already we pointed out the bullishness of various aspects of the chart, specifically stating that we believed further gains were possible. Our hunch proved accurate, and once again PLKD made another nice move to the upside! From its daily low of .295 the stock pressed upward to reach .375; a healthy 27% intraday increase. That stretched our overall range to a monstrous 545% in a span of just six weeks!

MarkWest Energy Partners, L.P.  MWE – Options Idea

MWE caught our eye yesterday morning after we noticed that the stock had not only strung together multiple sessions of higher highs and higher lows, but it had breached its 50DMA during Friday’s short session. Continued bullish signals were confirmed yesterday with another solid session that carried MWE to a high of 48.21.

We’ve had enough of simply watching from the sidelines, so we thought we’d formulate an idea to take advantage of the trend using the MWE options chain. Instead of one of our characteristic weekly expiration targets, which the MWE chain does not provide, we’re going to stretch things out a bit to the MWE 12/18 $50 Calls.  This gives us an extra couple of weeks to work with and increases the likelihood of seeing some substantial moves if the stock is sluggish in testing the $50-mark.

SpectraSCIENCE, Inc. SCIE

SCIE is a play that we tagged for observation last week, and we wanted to take an opportunity this morning to update readers on the solid performance the stock has put forth.

Yesterday’s session produced chances at up to 94% in profits as SCIE ran from .0018 to .0035. Subsequent to our mention of SCIE just prior to the holiday break last week we saw a low .0013, which balloons the total move we’ve seen out of this stock in just a week to a highly respectable 169%

Extended Watchlist:
VRSZ, EGYF, GTHP, KWBT, TERP, AEZS

Blue Horseshoe Stocks: Fresh Options Ideas & More

New Options Ideas

It is a relatively seldom occurrence that we will signal Puts when speculating over potential options plays, but we have our eyes on a couple of stocks that are exhibiting the proper conditions to do so this morning. What figures to be another slow day for stocks with regard to overall market conditions, could also help us along to some intraday opportunities on the bearish side of things. 

Macy’s, Inc. M –  Despite exceeding expectations for profits, Macy’s returned disappointing sales figures for Q3 this morning and as a result, is gapping down considerably in the premarket. Over the past few sessions, the stock has behaved in a similar manner, with an early gap-down leading to further losses, so in the event that the pattern repeats itself we’re going to be tracking the M Weekly $47-43 Puts for swing-trade possibilities.

Macy’s reports lower sales, trims profit forecast (Wed 8:37AM EST)


____

Horizon Pharma plc HZNP – HZNP is taking a major hit in the premarket on some negative press that began circulating late last night. It represents a considerable hit to the company, and with such news being thus far untraded-upon, we’re going to be taking a look at HZNP Weekly $20-17 Puts.

Express Scripts cuts off pharmacy that sold Horizon Pharma drugs (Wed 8:02AM EST)

Extended Watchlist:
ADMD, BTHE, KWBT, TDEY, XBIO,

HEMP, MJNA, GRNH & Extended Watchlist

It seems every time we mention our medical marijuana plays, they go on to fare extremely well. HEMP and MJNA landed us us on the Penny Stock Rumble yesterday after each stock had a heck of a day. In fact several of our cannabis stocks continued to run on Monday. It would seem they are all up significantly, so we’d surely urge caution for those just showing up to the party. Perhaps waiting on consolidation and some potentially lower buy-in prices would be most prudent in this instance. That said, take a look at what Monday’s coverage brought to us:

Hemp, Inc. HEMP

HEMP closed at its high of day offering an intraday move of 72% from .047-.081. That represents a gain of 265% from last months low of .0222.

___

Medical Marijuana, Inc. MJNA

MJNA gave people a chance at 53% intraday gains on Monday, if you were able to get in at the open of .34 and out at the high of day of .50. The stock has provided us with the chance at 604% in total gains since we have first began covering it.

___

GreenGro Technologies, Inc. GRNH

Yesterday, GRNH day’s range was between .0629 and .122 closing out the day at .12, offering up a 94% move intraday.

___

 PHOT, MWIP and ERBB also deserved an honorable mention following Monday’s session, each giving us a chance for profits between 15-30% Here is a link to an article that states pretty much what we’ve been shouting from the rooftops for the past several months: Marijuana stocks are here to stay, and have begun to increase in popularity at a rate never before observed… and it’s only going to get better.

___

Scout Exploration, Inc. SCXN

Moving along from cannabis stocks, we’d like to once again mention SCXN. We first mentioned this play back on December 17th, and it has been inching its way up. We wanted to re-enter the stock into our morning discussions on the heels of this morning’s PR. It would seem the company completed its acquisition of the IDS Oil Spill System that we’ve mentioned in previous reports from it’s developers.

ST. JOHN’S, NEWFOUNDLAND, Feb 05, 2013 (MARKETWIRE via COMTEX) — Scout Exploration Inc. (OTCBB: SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Faster and more effective oil spill response represents a challenge and opportunity for the oil exploration, production and transportation industries.

___

On the chart, we can see accumulation has begun to pick back up, and the RSI looks ready to pass up through the 50DMA. The PPO is crossing over, and the Slow STO crossed over its own 50MA into the power zone. Our previous high of .39, you can see, is acting as our major resistance hurdle, the breaching of which would send us into blue sky breakout mode.

__

Extended Watchlist:
KWBT, COIN, ACLP, TELK, OPXA, DCTH, BCOM