Tag: MXSG

Blue Horseshoe Stocks: MXSG, ABRW Recaps, Options & More

Mexus Gold US  MXSG

MXSG was the first of a pair of extended watchlist plays from yesterday’s morning report to produce an appreciable intraday move that could’ve been used for healthy single-session gains.

From its opening price of .045 the stock spent the entire morning on a steady uptrend that carried it to a high of .0699 shortly after 12pm. That was good for a daily profit of up to 55%  We next observed a dip-and-rip pattern in afternoon trading wherein the stock came down to find support at .0481 before launching back to the closing PPS of .0615; an added swing of 28%

Those moves came on more than quadruple the 30-day average trading volume and with a strong close, we’ll be sure to leave MXSG on our track-list in coming sessions.

We actually called this play back on February 5th at which time the stock was trading at  .0016. Yesterday’s high represented an unreal 3744% increase in roughly three-and-a-half months over that low!

American Brewing Co. Inc.  ABRW

The other significant runner that showed itself yesterday was ABRW. This was one that was also good for a quick rip right from the opening bell.

We witnessed an immediate spike from .98 up to 1.51, which represents a rip of 54% While the stock did trade mostly sideways for the remainder of the session, it managed to close at 1.35, maintaining well over half of its daily advance. That qualifies this play for continued observation as well.

Fresh Options Ideas

For the first time this week, we’re going to submit a couple of fresh plays on the options trading front.

SPDR S&P 500 ETF Trust (SPY) – The SPY has been a go-to for us when we want a chance to leverage overall market sentiment to our advantage. With strong performance from the markets as a whole, as well as cracking its 50DMA yesterday for the first time in several sessions, our highlighted range here is going to be SPY Weekly $208-210 Calls.

Apple, Inc. AAPL – It has been quite some time since we formulated any options ideas for AAPL, but it is one that has produced winners for us on a multitude of occasions in the past. The stock has been rebounding and showing strength over the past couple of sessions. Couple that with, as we just said, an overall bullishness in the general tone of the markets at large, and it makes AAPL an attractive target for us today, and into the near future. We’re going to zero in on AAPL Weekly $98-99 Calls for possible quick-strike opportunities, as well as AAPL 07/17 $101 Calls for a more of an extended-term idea.

Bonus Idea: CSC 06/17 $44-48 Calls

Extended Watchlist:
TSPG, IORG, NVAX, HERO, NWY(Bottom-Watch)

Blue Horseshoe Stocks: BBEP Recap & Other Updates


Breitburn Energy Partners, Inc. BBEP – Another Update

After signaling BBEP in Thursday morning’s premarket report as a “Bankrupt Bottom-Bouncer” we witnessed a low of .055 followed by a 100% jump to a high of .11 on Friday.

As we were congratulating those who took advantage of the move in yesterday’s premarket report, we also mentioned that we’d remain interested in BBEP as long as it managed to maintain support above the .06-.065 range on any pullbacks. The stock achieved that feat right from the outset as it gapped up, opened at .078, and kept running.

We ultimately witnessed a trading range from that morning low of .078 up to a new high of .132. That represented an intraday upswing of 69% and a three-session swing of 140% over our observed low of .055 on Thurdsday.

We’ll continue to stay on the stock’s trail, watching for continued registering of higher lows and higher highs.

Terra Tech Corp. TRTC

When we began re-alerting and closely tracking an old favorite in TRTC toward the end of March, it was just coming off of a nice run-up that had followed a long period of mostly sideways trading.  Subsequent to that point we ended up clocking this play over an impressive range as it ran from a low of .2162-.7455; a 245% upswing in a period of just under three weeks.

Following that mega-move, the stock began to see a good deal of consolidation over the next few weeks. That came to an abrupt halt yesterday as the stock bounced off of a higher swing low at .2698 and managed a nice 30% increase. Now trading in the low-to-mid .30’s, we’re going to watch intently in coming sessions for the possibility of a protracted rebound.

 LendingClub Corp. LC 

We took an interest in LC yesterday, alerting the stock as a potential bottom-bouncer in our morning report. It had been coming off of being egregiously oversold, and setting higher lows off of its 52-week lows for the preceding few sessions.

We ended up seeing a modest intraday run of 9% from 4.19-4.58, but most importantly, the stock registered higher lows and higher highs over the prior session, and we’ll keep tracking it for a continuation of that pattern We’ve pointed out on the chart below, a significant one-dollar gap that could be filled if the stock maintains the present trend, as well as an impending bullish cross on the MACD.

Extended Watchlist:
ABRW, TTII, TSTS, MXSG, RCPI(Bottom-Bouncer)

Blue Horseshoe Stocks: Options Review, Other Updates

Options Review

Just to refresh our readers’ memories, we highlighted a range of call contracts for three separate plays on Friday, and we’re pleased to report that sizable gains were there for the taking regardless of which idea was chosen. It marked the continuation of a flawless streak of such ideas that we offered up over the past few weeks.

Our tracked calls and the magnitude of the gains that were available were as follows:

SPDR S&P 500 (SPY) Weekly $199-202 Calls – We’ve successfully played the SPY so many times it doesn’t even bear counting, and Friday was no different. From the low end of our range to the high, gains of 80-427% were made.

Finisar Corp FNSR Weekly $15 and $16 Calls – An earnings beat made the gains in FNSR calls possible, with the $15’s running 88%, and the $16’s making a 92% upswing.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA  Weekly $175-185 Calls –  Last but not least, we had the ULTA contracts on our watchlist bank gains running from 59-117%

Again, it was yet another great week for options, and we’ll be doing everything in our power to keep the streak alive with some more ideas this week so be sure to stay tuned!

Friday’s Stock Gainers

In addition to our great success with options plays from Friday’s morning report, we had a number of other intraday movers which were also highlighted.

Propanc Health Group Corp. PPCH

This was our top-billed mention on Friday, having been following it for most of last week. A string of solid performances led the stock on a great intraweek run to that point which spanned from our observed low of .0188 to .037 (+97%) in just a few sessions.

We saw even more gains tacked on there during Friday’s trading, wherein we witnessed another nice intraday pop from the daily low of .0355 to .0516 (+45%), and the high extended our total observed range to an impressive 174% in a matter of four sessions.

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Mexus Gold US (MXSG)

Mexus was another point of discussion in Friday’s newsletter, and it too saw appreciable gains on the day.

We’d already been very familiar with the stock after tracking over a more than 1000% move in early February. We then re-tagged it the Wednesday before last and subsequently witnessed a 61% swing from .011-.018.

Friday’s session brought a continuation of that run from .017 to a high of .0299, a 71% intraday rip, and increased the total swing range to 172%

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Spectrascience, Inc. SCIE

SCIE was included in Friday’s tracklist and the stock would end up trading in a range from .003 to .0047, for total possible intraday gains of up to 56% on slightly heavier than normal volume.

It also managed to close just a tick below the high of day, so we’ll keep an eye peeled for the possibility of momentum spillover into this new trading week.

GW Pharmaceuticals, Inc. GWPH

We want to pin GWPH to our tracklist after catching a significant PR coming across the wires this morning. Late-stage studies on a cannabidiol (CBD) treatment of a rare pediatric disease has yielded positive results, and the stock has thus far gapped up over 100% in the premarket.

We’ll take our classic stance of monitoring for a possible dip-and-rip situation and look to get positioned in some in-the-money Calls, dependent upon where the bounce occurs.

LONDON, March 14, 2016 (GLOBE NEWSWIRE) — GW Pharmaceuticals plc (GWPH) (GWP.L) (“GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announces the positive results of the first pivotal Phase 3 study of its investigational medicine Epidiolex® (cannabidiol or CBD) for the treatment of Dravet syndrome. (>> FULL PR)

Extended Watchlist:
DDD, TFM, GBIM, HPTG, USAR, IEEC, ASTI, SVTE