Blue Horseshoe Stocks: BLNK, Bottom-Play & More

Blink Charging Co. BLNK

We signaled our interest in BLNK in yesterday morning’s premarket report via the Extended Watchlist, and we’re happy to report on what was a very productive first day of observation.

From a low of 4.34, BLNK made a highly respectable intraday run to 6.34, marking an intraday push of 46% Prior to Monday’s session, wherein the stock picked up in a big way, it had been trading sideways for quite some time. We will be interested in monitoring this play for the possibility of a more sustained uptrend in the days ahead.


Gogo. Inc. GOGO

We want to also bring some attention to the massive selloff which has occurred over the past three trading days. After trading for nearly $10/share, a disappointing earnings release and subsequent Moody’s downgrade has precipitated close to a 50% drop, leaving GOGO trading at just above $5.

We’re going to want to put this one on intensive bottom-watch, as we prepare for possible course correction leading to a bounce play opportunity.


Fresh Options Idea:
Trip Advisor, Inc. TRIP Weekly $45.50 & $46 Calls


Extended Watchlist:
UURAF, TRXC, PLUG, LC, MNKD, GRPN, ICHR, TWLO

Blue Horseshoe Stocks: INTC Recap & More

Intel Corp. INTC

On Friday morning, we saw serious potential in the INTC options chain following the company’s earning beat. They posted solid figures, but some were concerned over the possible security flaws prsent in the company’s new chips. Those fears were shrugged off with ease, as the stock took off for what ultimately turned out to be an exceptionally bullish session.

The move INTC made allowed for the chance at some really nice intraday profits in each of the three contracts we designated in Friday morning’s report, the INTC Weekly $47.50-48.50 Calls.

$47.50 Calls – Range: .75-2.50 – Max Gain: 233%
$48 Calls – Range: .43-1.99 – Max Gain: 362%
$48.50 Calls – Range: .25-1.50 – Max Gain: 500%


Ballard Power Systems, Inc. BLDP – Bottom-Watch

We’re always looking for a good bottom play, and one may be getting ready to present itself in the near future on BLDP. We want to place the stock on intensive bottom-watch in coming sessions, after it appears that BLDP has been the target of manipulative short-seller tactics, including a very likely erroneous class action ‘investigation’ and suit by multiple law firms. We see this type of thing all the time, and very seldom does anything come of such a situation.

What we do have is a stock that has been severely abused, beaten back to a previous multiple bottom of strong support. In a PR published today, the company has refuted the claims of its accusers, while adding that it expects to report record financials for fiscal 2017 presently. (>>View PR)

We’ll be sure to monitor BLDP for a bottom bounce which should be forthcoming at any time, and the subsequent rebound to follow, which could bring us a shot at considerable gains from current levels.

Side Note: We also want to radar Plug Power, Inc. PLUG, as it tends to trade very similarly to BLDP. We’ve traditionally looked at these plays in tandem, so we’ll keep watch over PLUG as well as it comes down to find its own bottom.


Extended Watchlist:
AVP, CHFS, IMNR, IGC, IOVA, MNKD, NCTY

Blue Horseshoe Stocks: PTOP Keeps Rolling & More

Peer to Peer Network PTOP

PTOP has been the main point of focus on the stock side of things for us this week, keeping us coming back to update the fantastic gains it has made. The stock has been setting new highs by leaps and bounds. Just yesterday morning we were pointing out the 7025% gain we’d seen since our initial alert on the stock on November 8th after which time it would trade for as low as .0004, before running all the way to .0285.

Yesterday that incredible range was stretched even further, as PTOP broke out to yet another new high, trading in a daily range from .027 to .067 (+148%). It brought the stock to its highest PPS in the last five years, and our own observed six-week surge to a monumental total of 16,650%


AT&T, Inc. T Options Update

We highlighted and began tracking a range of options for AT&T back on November 9th, and wanted to circle back this morning to update the progress on those as T stock has continually trended upward ever since.

Our targets were the T 01/19 $34-36 Calls, and the ranges we’ve seen on those contracts have been rather impressive. The following figures represent the lows shortly after our first alert o the new highs achieved this week.   .

$34 Calls – Range: .91-5.30 – Max Gain: 482%
$35 Calls – Range: .53-4.30 – Max Gain: 711%
$36 Calls – Range: 37-3.30 – Max Gain: 792%

_____

Fresh Idea:  Nike. Inc. NKE - After a post-market earnings letdown yesterday, combined with an already toppy chart, we may look for the possibility of gains in the NKE Weekly $64-62.50 Puts* to close out the week.

* Never trade weekly options on a Friday unless you’re an expert trader with disposable funds. It’s very risky!


Extended Watchlist:
GLBS, PRTY, IBIO, PETZ, MNKD, MYSZ, WRPT

Blue Horseshoe Stocks: New Highs for HMNY, MNKD

Helios and Matheson Analytics, Inc. HMNY

It was just yesterday morning that we were remarking on the continuously bullish tendencies of HMNY over the past few weeks since we began tracking it on September 20th.

To that point, we had seen a huge run from a low of 5.47 to 23.49, and then yesterday’s session brought another solid performance, and yet another new high. HMNY traded in a daily range from 22.75 to 28.70. That works out to a an intraday rise of 26% and an updated total on our overall observed move since 10/20 amounting to 425%


MannKind Corp. MNKD

Yesterday we were talking about some options calls we made on Friday for MNKD, the 10/20 $5.50 & $6.00 Calls, which have made some good moves, but we neglected to mention our success on the stock side itself.

A quick view of the MNKD Tag in our newsletter archive at BlueHorseshoeStocks.com shows that we’ve been consistently mentioning the stock over the past several months, and four times already since the beginning of October. Our observed low on the stock alone came in at 1.85, and yesterday’s new high for MNKD represented an overall increase of 276%

Moving back to the options side of things, those $5.50 Calls traded up from .71-1.60 (+129%) intraday, and from Friday’s low of .10, a total of 1500%  The $6.00′s saw a daily range .47-1.30 (+177%), and the overall move we’ve witnessed since Friday comes in at a whopping 2500%

______

Fresh Options Idea:

Delta Air Lines. Inc. DAL- Not only did Delta post a Q3 earnings beat in the premarket despite taking a hit due to the recent hurricanes, but the chart is also currently headed for a Golden Cross. With that in mind, we’re going to signal the DAL Weekly $52.50-54 Calls.


Extended Watchlist:
ANY, AERI, ATHX, CASI, MLSS, IDXG, RGSE, SANP

Blue Horseshoe Stocks: HMNY, SANP Review & More

Helios and Matheson Analytics, Inc. HMNY

We began tracking HMNY closely on September 20th, and since that time it’s been nothing but blue sky breakout for the stock ever since. On that morning we observed a low of 5.47, and it’s never looked back.

To kick off the week yesterday HMNY soared to an astonishing new high of 23.49, marking a 329% increase in a span of less than three weeks. Volume has also been coming in far above anything the stock saw prior to September.


Santo Mining Corp. SANP

We decided to tag SANP in yesterday morning’s premarket report after noticing the manifestation of some unusual trading activity over the course of last week. It ended up being a solid idea to start of this week, with the stock making a very convincing move to the upside.

From a low of .0013, SANP reached as high as .0021, marking an intraday push of 62%, with the better part of a billion shares changing hands on the day. It was the third consecutive session in which the stock registered higher lows and higher highs, and we’ll be in the lookout for a continuation of that pattern.


Cleantech Solutions International, Inc. CLNT

Another inclusion in yesterday’s report was CLNT, which ran pretty hard early on in the session with the help of a PR alluding to a possible acquisition (>>View PR).

The stock made a move from a low of 5.70 to a high of 8.25- a respectable 45% pop. CLNT ultimately ended up trading an incredible 330X its monthly average volume. While it didn’t maintain at least half of its daily gains into the close, with volume like that, we’ll be sure to keep a slot on our watchlists open for CLNT.


MannKind Corp. MNKD

We saw a pullback in MNKD Friday after a solid move, and we signaled some options calls, MNKD 10/20 $5.50 & $6.00, that pullback gave a great potential entry point. This morning in the premarket, MNKD is gapping up past the $6 mark, pushing the strike prices we targeted into the money.

Its always a good idea to lock in some profits on a gap up, in case a stock decides to pull back. In the event we see do a pullback in this case, we may look to take advantage of the dip by re-entering the position.

MNKD has one of our favorite chart patterns- when the 50DMA breaks above the 200DMA, known as a “Golden Cross”. Stocks tend to breakout when this occurs so we definitely want to continue to track this idea going forward.


Extended Watchlist:
OCRX, GEVO, ABEO, KALV, CVM, ARGS, USEG