Tag: MSDI

Blue Horseshoe Stocks: AVEO Recap & More

AVEO Pharmaceuticals, Inc. AVEO

Swinging back around to discuss AVEO is our top order of business this morning after the stock soared to new highs yesterday. We placed this stock on watch on June 23rd, subsequently mentioning it several times.

On the day of our initial alert, AVEO traded for as little as 1.05 per share, and after multiple weeks in a near-contnual uptrend, the gains have been fantastic. Yesterday AVEO reached new four year highs of 3.19, marking an overall swing of 204%

Volume over the same period has been greatly heightened, and yesterday’s close at 3.15 was a strong one, so even though AVEO has had momentum-mover status for several sessions, we’re going to want to continue to watch it closely.

Inotek Pharmaceuticals, Inc. ITEK

We’re always looking for a good bottom-bouncer, which is why we want to take note of ITEK this morning after disappointing study results on the company’s eye drug sent shares tumbling yesterday.

As we point out on the chart snapshot below, the stock has been beaten back into oversold territory, leaving a big gap on the chart. We’ll place it on watch for the filling of that gap, which from present pricing would spell gains of up to 60%

Extended Watchlist:
ATNM, HK, FOLD, TEUM, JAGX, MSDI, OCUL

Blue Horseshoe Stocks: Options Review & More

ProShares Short VIX Short-Term Futures ETF (SVXY) – Recap

We had some positive jobs numbers which posted on Friday, and to go along with the direction of the market activity we were observing, we highlighted a range of weekly options contracts in the SVXY ETF.

Our targets were the SVXY Weekly $152-154 Calls and we did see some pretty good movement from plays in that range, which made appreciable moves on the day. Those total possible gains were as follows:

$152 Calls – Range: 2.34-3.91 – Max Gain: 67%
$153 Calls – Range: 1.86-3.54 – Max Gain: 90%
$153.50 Calls – Range: 1.61-2.28 – Max Gain: 42%
$154 Calls – Range:1.15-2.71 – Max Gain: 136%

ShiftPixy, Inc. PIXY

The Friday before last, we signaled newly-IPO’d PIXY for observation on its first trading day ever, and it also performed admirably during last week’s short trading week.

After starting at a price of 6.30 on Friday (06/30), PIXY began to run, and this past Friday it hit a high of 10.50. That’s a solid 66% upswing, which is quite impressive for a first week of trading.

This morning, we’ve seen our observed range on PIXY increase even further to 78% with the stock managing a premarket high of 11.20.

We’ll be anxious to pick up where we left off and continue to track this new stock as we head into a new trading week. Each new high it sets is a new all-time high, so there’s no telling where this ride will let off. As we mentioned last week, we’ll just continue to monitor the stock, looking for higher base levels of support to be established as we go forward.

Inpixion INPX

We’re always looking for a good bottom play, and we have one with some potential in INPX, which tumbled last week after the company announced a hefty $6M public offering.

The offering was priced at 1.05/share and the stock is currently trading in the high-.60’s. We feel a return to at least the offering price would not be implausible.

Stocks coming off of recently-established 52-week lows have historically been good to us, so we want to place INPX on watch for a potential recovery.

Extended Watchlist:
AVEO, ATOS, HEB, KOOL, MSDI, PLX


Blue Horseshoe Stocks: MSDI Recap, PEP Options & More

Monster Digital, Inc. MSDI

We re-tagged MSDI for observation in yesterday morning’s premarket watchlist, and the stock ended up making a pretty good jump right out of the starting gate on a surge of huge volume to new new highs. This is a play that we first mentioned a few weeks back on June 19th, when it was trading in the .40-.50 range.

Yesterday it initially ran from 1.53 to its new high of 2.35 for an intraday swing of 54% though it didn’t manage to hold much of its advance into the close. Still, when all was said and done, MSDI ended up being the NASDAQ’s top gainer of the day, traded nearly sixty times its monthly average volume, and extended our total observed range since our first alert to a very respectable 408%


Pepsico, Inc. PEP – Options Ideas

Pepsi has been on a bit of a downturn of late, and despite its bearish moves of the past couple of weeks, we took notice of the fact that it has come down to rest around its 50-day moving average. The last time the stock spent any appreciable amount of time trading below that average, was more than four months ago.

Compound that with a chance for a boost from its scheduled quarterly earnings call next week (07/11), and it makes us interested to track some PEP options on the chance that the stock makes a rebound as we suspect it might.

We’ll take a look at the PEP Weekly $115 Calls for potential day/swing trades this week, and keep tabs on the PEP 07/14 $116 and $117 Calls in the event of a run into and/or following earnings this coming Tuesday.

Extended Watchlist:
PGLC, IMUC, FRO, KTOV, UHLN, IMTV