Tag: MOMO

Blue Horseshoe Stocks: Earnings Calls, Bottom-Plays & More


Momo, Inc. MOMO

We began tracking MOMO on Friday after noticing the stock coming off of a bottom, and we’ve seen an appreciable move to the upside in the ensuing sessions.

The stock is gapping up this morning on a strong earnings report (>>View Highlights), reaching a high of 12.73 in the premarket. We caught MOMO at a low of 11.52 on Friday and have thus far seen an 11% increase, so we’ll want to leave it on the radar and watch for higher lows and higher highs.

NQ Mobile, Inc. NQ

Speaking of earnings plays, we’re going to be tracking NQ closely over the next couple of sessions. The stock has been trending off of a bottom for the past three sessions and this morning, we’re seeing the stock gap up considerably.

Things are likely to get interesting as the company is slated to release earnings post-market today, and a big PR hit wires just an hour ago.

Today’s News: NQ Mobile Inc. Enters into a Definitive Agreement for the FL Mobile Divestment (>>View PR)

Hercules Offshore, Inc. HERO

We’re also going to be monitoring HERO, which, like the aforementioned stock, has been establishing a solid move up off of recently-registered two-month lows.

As you can see on the included snapshot of the chart, HERO went on a massive run from the .70-range to more than 4.00 from February to April. Indicators are ripening for what could be the next big leg up after the recent consolidation, so we’ll be sure to keep an eye peeled for the possibility of a continued upsurge.

The Children’s Place, Inc. PLCE

PLCE is yet another bottom-bouncer with earnings that is gapping up in early trading. We’re going to signal a range of options contracts for observation to possibly take advantage of the momentum. Our target range is going to be the PLCE Weekly $70-75 Calls.

Chatroom Call:

Our daily live traders chats are a great way to get involved with what we do. Regular participant DJ spotted another big runner and shared with the room shortly after the opening bell. We saw it at .03 before it went on a monumental run to hit a high of .465 on news with TOMS Shoes. Gains of over 1500% were possible. Feel free to join our traders chats by sending a Skype request to user ‘stocksumo’.

Extended Watchlist:
AMMX, ONCI, KGNX, OREX, LIVE, KGJI

Blue Horseshoe Stocks: News Update, Options Highlights & More

Aperture Health, Inc. APRE – News Update

Our first order of business this morning is to update our readers on APRE, which we’ve been following for the better part of a month. In that time the stock has provided us with multiple swing trade opportunities and has been stretching the envelope on its latest upswing. From the .0188 swing-low we observed last Wednesday APRE has rapidly gained 219%, running up to a new high of .0599 yesterday.

We’ve pointed out a few key highlights of the current chart on the following snapshot:

We also want to point out some untraded-upon news that hit the wires yesterday post-market:

NEW YORK, May 12, 2016 /PRNewswire/ – Aperture Health, Inc. (OTC Markets.com: APRE) and CSS Alliance LLC (“CSS”), are pleased to announce that the company has branched out and signed a Joint Venture agreement which includes an exclusive worldwide distribution agreement with CSS Korea R&D Co., Ltd for new technologies and products that include solar powered A/C units, and powerless generators, as well as solar powered boilers (>>View Full PR)

Options Highlights

Jack in the Box, Inc. JACK – We had a couple of our active options targets turn up sizable opportunities for profits yesterday beginning with JACK 05/20 $70 and $75 Calls. We caught JACK on the heels of its Q2 earnings release, and various circumstances allowed for us to take advantage of the idea on its first day of mentioning.

The $70 Calls traded in an impressive range from a low of 2.25 on up 6.85 for an intraday gain of 204% The $75 Calls fared even better as they ran from .39 to 1.61, a single-session rip of 313% With performances like those, we’ll continue to track these contracts through to their expiration next week.

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Macy’s Inc. M  – Our signaled range for Macy’s from Wednesday’s report added to its gains yesterday. We had been tracking the M Weekly $36-34 Puts. At the top of the range, the $36 Puts surged from a low of 1.83 up to 5.15, for a two-session swing of 181% Gains increased incrementally into the lower strike prices, culminating in the $34’s which traded up from Wednesday’s low of .50 to a new high of 3.62; a 624% swing.

Cerebain Biotech Corp. CBBT

Just after we were reviewing CBBT’s recent performance in yesterday’s morning report, (We’d added it to our radars last Tuesday) the stock went on to set another new high for us.

The stock traded in a daily range from 1.25-1.75, a respectable 40% intraday rip. From our observed low of .53, the new high represents an overall move of 230%

Extended Watchlist:
QUTR, IMMU, IDRA, XXII, NVDA, MOMO

Blue Horseshoe Stocks: Options Recap & Other Updates

Constellation Brands, Inc. STZ – Options Review

The options trading idea that we formulated yesterday morning for the STZ chain was spot-on, and gave ourselves and our readers chances at some fantastic intraday gains. Our target range, highlighted in our premarket report was the STZ Weekly $150-160 Calls. Regardless of the chosen strike point, any of those contracts yielded prime opportunity for gains on the strength of an earnings beat:

$150 Calls – Trading Range: 5.75-10.20 – Max Gain: 77%
$155 Calls – Trading Range: 1.52-5.65 – Max Gain: 271%
$160 Calls– Trading Range: .89-2.10 – Max Gain: 136%

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We’ve got a fresh idea this morning to add to the mix in attempt to extend our success with options calls as well. We are interested in tracking the WYNN Weekly $93-96.50 Calls for some quick-strike chances on a possible dip-and-rip setup.

Vivint Solar, Inc. VSLR

VSLR is one that we’re going to want to place on watch today, for reasons that are apparent when taking a quick look at the chart we’ve annotated below. We’ve got a number of bullish indicators as well as a strong bounce off of its lows over the past couple of days.

We’ll be watching to see if the stock can maintain some of the momentum it’s built up over the preceding two sessions.

Harmonic Energy, Inc. ASUV

Yesterday morning we were just mentioning the fact that we’d successfully tracked ASUV over an incredible five week run, seeing a trading range from .0024-.043, a swing of over 1600%  The stock continued to push its upper limits, setting a new high as it traded from an early low of .03 to .051.

The move marked an intraday pop of 70% and extended our total observed range since our initial alert on the play back on Leap Day  to an earth-shattering 2025%

Pacific Sunwear of California, Inc. PSUN

PSUN is a stock that we entered into the log as a possible bottom-bounce play yesterday morning and we observed exactly the type of action we expected. Nimble-fingered traders could have gotten in and out with profits of up to 52% inside of the first 45 minutes of the session as PSUN ran from .091-.138.

We caught the company on the eve of filing bankruptcy(>>Read this morning’s PR), so it may be best to let the dust settle before considering a play on the stock again.

Other more modest gainers from yesterday’s morning report included UWTI (+10%) and MOMO(+15%), so we’ll leave those on our radar in sessions to come.

Extended Watchlist:
ZNNC, CBDS, CLDX, OLLI, VRX, ORIG, SUNE, CEQP