We began taking a look at MBHC yesterday, mostly focusing upon the strong additions to management, and the extreme promise pertaining to the company’s news of a global deal signed with Twitter. We did however, publish a video highlighting some of the key points on the chart, and that’s what we’re going to focus on to start things off today.
The stock would make a handful of intraday moves on almost twice the monthly average volume. Early on we saw a run from .0042-.0057 (+36%), followed by two separate subsequent swings from .0041-.0053 (+29%).
Most importantly the stock recorded a higher low, holding support above 50DMA of .004 as we’d hoped for, and we want to continue to see it maintained above that level. Moving forward, we’ll be looking out for a breach of the resistance that cropped up at .006 .
Stocks on Bottom-Watch
The following four plays have been getting beat up pretty bad of late, and whenever we notice stocks in this position, we like to relegate them to a potential bottom-play watchlist. Some of the biggest rapid moves we witness come from course-correction related bounces, so we’ll have these stocks on our recovery watchlist moving forward:
BTDG is a momentum-play that we’re going to be monitoring as we head into mid-week, and we’ve gone ahead and pointed out the reasoning behind this on the following chart snapshot. Yesterday brought a break of a key resistance point and with a number of other bullish indicators are leading us to give BTDG part of our attention.
We’re going to start off this new trading week with a new item of interest in MBHC, a stock with an interesting backstory that began to build some nice momentum on the chart toward the end of last week.
The main focus of the company at the moment is the impending launch of its new mobile streaming app, known as Whirld. It is intended to be the first truly real-time, interactive, mobile video broadcasting utility, and has been approved for sale in the Apple APP Store (iOS) and the Google Play Market (Android).
The launch was originally slated for late this spring, but was temporarily delayed for extra time in beta testing, and to upgrade to a global communications platform that will allow for more expedient updates and enhancements once the app is in operation. Per the release which revealed that announcement, we are now less than a month away from seeing all of the necessary changes implemented and having the app hit stores.
To facilitate all of the progressive changes at the company and give the Whirld app its best chance for success, MBHC brought in two industry heavyweights with the collective knowledge to get it off the ground; Jeff Marcus, and Alan Rambam.
Jeff Marcus has had his hand in billions of dollars worth of IT startups over the years, building himself an extremely impressive resume`. From his early days as a software engineer for IBM and formulating network solutions for UPS and KPMG, he began accruing the knowledge required for an ambitious endeavor such as the Whirld app. His career led him to high-level networking positions at companies like 24/7 Real Media (sold for $650M) and DoubleClick (Google buyout totaling $3.1B). He’s had a front-row seat for the development of the mobile age, and brings all of that experience and know-how to MBHC.
Alan Rambam is a social media, advertising, and analytics expert who previous job experience file is also jam-packed. He was one of the youngest staff members in the Clinton Administration, and would go on to found Shine, Inc. were he would develop well-known social campaigns and charities such as the MTV Fight for Your Rights Campaign, and the Muhammad Ali Scholarship Fund.
On Friday, MBHC enjoyed a surge in momentum in the wake of an exciting press release that really ramps up Whirld’s extreme potential as an app. In an global deal signed with none other than Twitter, MBHC has secured itself as the the home for Electronic Dance Music (EDM), a rapidly growing genre,to provide the most shared, real-time EDM concert footage on Earth. It includes unfettered access to air in real-time every piece of content placed on Twitter from some of the worlds biggest EDM Festivals (including Tomorrowland, Electric Daisy Festival, Ultra, and Electric Zoo). This is a significant proposition, with EDM Festivals raking in roughly $4.5B annually; no other genre of festival music in the world can make such a claim. EDM has a huge following in the younger generation, which is a key demographic being targeted by MBHC for the Whirld app. >>> VIEW PR
As we said, the MBHC chart has also recently awakened, with a good bit of momentum building up at the end of last week. We’ve prepared a corresponding video presentation for your viewing convenience:
Those of our followers who participate in our daily live traders chats were given advanced notice on our call of MBHC as you can see by the following screen snap taken right at the market open. Those participants had a chance at up to 172% in intraday gains as the stock ran from .0039-.0106. It was a great example of why we freely invite all of our subscribers to take part in these daily Skype-facilitated chats. Just send a contact request to username ‘stocksumo’ to join in!
Options Recap – Friday’s Huge Winner
We can’t go without mentioning the top-notch options ideas we offered our readers in Friday’s premarket report. In the midst of taking credit for the previous session’s ideas we had on NFLX (One of which ran more than 3800% in a single session!) we presented GOOG as a good options-trading candidate and recorded a target range. Specifically, we called attention to GOOG Weekly $640-655 Calls. As everyone should be aware, GOOG had a landmark session after the earnings beat;
impressively gaining more than 16% as it traded in a range from 645.00 – 674.47.
As a result, and for the second consecutive day, our options ideas went haywire and yielded up the chance at some excellent profits. Here’s a breakdown of the moves that were made by those hot-ticket contracts:
$640 Calls – Daily Range: 8.80-29.00 – Max Gain: 230% $642.50 Calls – Daily Range: 9.40-27.40 – Max Gain: 191% $645 Calls – Daily Range: 6.20-24.90 – Max Gain: 302% $650 Calls – Daily Range: 3.90-23.56 – Max Gain: 302% $655 Calls – Daily Range: 2.33-18.50 – Max Gain: 694%
For your convenience, we also prepared a video highlighting the great moves we saw as well, so check it out below, and have a great start to the week!
The only ones not to receive the addition of RXMD in our premarket reports yesterday were our Blue Horseshoe Stocks email subscribers. It was a late-add to our watchlist, and the BHS email had already been published.*
Members of our other lists, our live traders chat members** or readers of the Blue Horseshoe Stocks blog did receive the alert before market open, in time for one of the most epic runs we’ve witnessed in quite awhile.
We witnessed a crossover from subpenny territory at the stock’s morning low of .009, and RXMD was driven deep into Pennyland, as it peaked at a PPS of .049 at around 12:45PM. That represented an astronomical 444% intraday swing. Volume exceeded the 3-month norm by more than 25X.
With that kind of momentum built up, we’ll be certain to continue to track the activity in RXMD as this exciting trading week comes to a close.
*RXMD serves as a reminder to our email subscribers that situations like these do occur, where we catch an opportunity at the last minute, which is why we suggest subscribers of all of our lists also navigate to BlueHorseshoeStocks.com daily, as the most updated version of our reports will always be posted there prior to market open.
**Our live traders chats are conducted on Skype and are open to all of our readers. Send contact request to ‘stocksumo’ for admittance. Below you can see the snapshot of when we handed the idea off to the room:
Cleveland BioLabs, Inc. CBLI
CBLI was one of the main points of focus in yesterday’s premarket report. We caught it in the midst of a premarket Blue-Sky Breakout in the wake of the announcement that the company had entered into a beneficial equity financing arrangement that will yield something on the order of $25M. >>Read PR
We stated that “whenever we run across a stock in this position we’re always on the lookout for dip-and-rip scenarios” and pointed to the 200DMA of 5.35 as the minimum level where we’d need to see support hold on any early pullbacks.
We got exactly what we were looking for as CBLI underwent a slight dip, holding safely above our identified level as it rebounded off of the 5.40-mark, and went on a strong run to a high of 7.24. That was good for intraday gains of up to 34% before it began to pull back. There was also a subsequent swing from 5.75-6.35 for an added 10% move.
Dominovas Energy Corp. DNRG
DNRG was a stock that we tagged earlier this month on the 3rd, and at the time we observed an awesome 150% single-session run from .005-.0125.
Things largely quieted down for the stock until Wednesday of this week, when it began to stir once again. Yesterday it absolutely broke out on an incredible intraday run from .065-.228 (+250%).
Hypothetically, anyone to have picked it up at our observed low of .005, and held to yesterday’s peak could have been looking at gains on the order of a mind-numbing 4,460%
A move like that in a period of just 17 sessions makes DNRG one of the biggest gainers we’ve tracked in recent memory.
