Tag: NETE

Blue Horseshoe Stocks: MJMI Recap, Options Idea & More

MarilynJean Interactive, Inc. MJMI

Our first order of business this morning is to rehash the recent performance of what has become one of our best picks of this month on the stock side of things. We first alerted MJMI exactly three weeks ago on the 4th, and would subsequently observe a low of .091 the very next session, from which the stock hasn’t looked back.

Volume has been excellent during the entire fifteen-session span that we’ve tracked the stock, and yesterday MJMI reached an amazing new high of .575. That works out to a fantastic increase of 532% in a relatively short time. A quick peek at the chart below shows the incredible move clearly.


In the event of a pullback off of this latest spike, we’ll be looking for the stock to maintain support at or above the 200DMA of .353.

Xtera Communications, Inc. XCOM

We’re always on the lookout for a good bottom-bouncer, and it appears that we’ve found an interesting candidate this morning, which has just undergone a crazy 48 hours.

The stock made a huge run yesterday off of its recently established annual lows, filling the gap on the chart and then some, before settling into close in the fifty-cent range. This morning in the premarket we’ve seen the stock changing hands in the .60-.74 range, so we’re very interested to see how the activity will unfold in-session.

We’ll want to see this morning’s premarket low of .60 hold as support on any pullbacks.

Boston Therapeutics, Inc. BTHE

We also want to provide a quick update on BTHE today, which was a mention in yesterday’s extended watchlist.

Despite not seeing any liquidity in the early part of the morning, eventually the wheels began to turn, and we saw a nice afternoon run from .125 to .17; an intraday upswing of 36%

Fresh Options Idea: Tiffany & Co. Just beat on earnings this morning, so we’ll be montioring the TIF Weekly $71-74 Calls for potential daytrades and/or swing trades into tomorrow.

Extended Watchlist:
NYMX, RGIN, NTEK, AXMM, SPHS, NETE

Blue Horseshoe Stocks: Potential Bottom-Bounce Plays & More

Options Updates

Yesterday we brought a couple of fresh options ideas to the table, and in both cases, traders could have fared quite well in terms of single-session gains.

Sage Therapeutics, Inc. SAGE – Weekly $40 and $45 Calls

$40 Calls– Range: 5.40-7.80 – Max Gain: 44%
$45 Calls – Range: 1.81-4.96 – Max Gain: 174%

Shire plc SHPG – Weekly $187.50-195 Calls

$190 Calls – Range: 3.90-5.90 – Max Gain: 51%
$192.50 Calls – Range:  1.40-3.79 – Max Gain: 171%
$195 Calls – Range: 1.30-2.01 – Max Gain: 55%

Cheers go out to any of our readers who were able to take advantage of these solid intraday moves!

Potential Bottom-Bounce Plays

This morning we’ve taken notice of a couple of stocks that are trading near recent relative lows, which have also begun to show some life this week. 

The Female Health Co. FHCO – We like the look of the chart on this one, which is coming off a multiple bottom and just managed to crack through and hold support above its 50DMA. The next area of resistance appears to be the channel between its recent swing high at 1.45 and the 200DMA of 1.57.

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Nate’s Food Co. Inc. NHMD – This stock has appeared on our watchlist in the past, and today, we’re circling back around to it purely from the look of the chart. Several indicators are pointing toward the chance of some sizable upswings in sessions to come, so we’ll want to monitor the situation closely.

We’re going to want to see it get back above and hold the 200DMA at .0089 as support going forward.

Extended Watchlist:
NM, KBLB, AVSR, SBGL, NETE, BGI

Blue Horseshoe Stocks: Options Review, Fresh Plays & More

PLCE Options Recap

On Tuesday, we submitted our interest in PLCE Weekly $70-75 Calls for a quick mid-week strike, and what we got instead was a supremely strong performance that lasted the remainder of the week.

On Wednesday, contracts within our target range yielded gains from 112-315% On Thursday
possible profits were a bit more subdued yet still highly respectable, giving us chances at gains ranging from 30-100% on the day.

On Friday, our idea managed to offer up yet another solid performance. The $70 Calls ran 45% intraday from 3.19-4.64, while the $72.50’s scored a double-bag-plus gain for the third straight day, spiking from .90-2.18, a 142% swing.

Breitburn Energy Partners, Inc. BBEP – Update

In Thursday morning’s premarket report we signaled BBEP as a “Bankrupt Bottom-Bouncer” slating it for observation, and the tag came with excellent timing. Despite a recent Chapter 11 filing looming, we managed to catch it at a bottom and track it over an impressive gain. Observing a low of .055 Thursday, we watched as the stock subsequently ran to a high of .11 Friday for a perfect 100% session-over-session upswing.

BBEP closed at .07, and in order for us to remain interested in the play moving forward, we’re going to need to see it maintain support at or above the channel between .06-.065 on any pullbacks.

MyDx, Inc. MYDX

We’ve taken notice of a stock that is showing a confluence of several attractive features at the moment in MYDX. What we’ve got here is a play that qualifies as a low-float, low volume, bottom-bouncer, and it’s got an interesting back story to boot.

MYDX produced a strong bounce off of its recently-recorded 52-week low (.17 on 05/18-05/19) on Friday, after crumbling for a more than 50% loss since the beginning of last week, when it was trading around .40.  We’re going to want to keep an eye peeled for signs of a continued rebound as we kick off this new trading week.

The company’s intriguing product is a chemical purity analysis tool, which you can learn all about at https://www.cdxlife.com

Bottom-Bounce Watchlist: Castle Brands, Inc. ROX and LendingClub Corp. LC

Extended Watchlist:
ONCI, NETE, NAVB, MESG