Tag: NLST

Blue Horseshoe Stocks: PBR & GEIG Updates, Extended Watchlist

Petroleo Brasiliero S.A. (Petrobras) PBR – Options

To start off a new trading week, we’re going to follow up on Friday’s mention of PBR Calls, which ended up with a fantastic performance by all accounts. If you recall, in Friday Morning’s Report, we indicated that we were “interested in the potential of the $16.50 and $17.00 Weekly Calls” for intraday flip opportunities.

As you can see on the Level 2 Snapshot below, the $16.50 Calls traded in a range from .25-.63, an intraday move 152% The $17 Calls did considerably better, screaming up from a low of .04 and running as high as .23; good for enormous gains of up to 475%

To begin the week, we’ll remain interested in the $16.50 and $17 Weekly Calls, provided PBR can hold support at Friday’s swing low of 16.66

GEI Global Energy Corp. GEIG

In our most recent GEIG alert (Wednesday), we stated that we needed to “keep a sharp eye out for a bottom… as it gets itself in gear for the next leg-up.”

The stock was searching for a base of support from which to launch its next upswing, and found it at .007 shortly prior to the close on Thursday. Friday’s session would prove most advantageous, as the stock sailed back upward to as high as .02, marking a 185% spike off of that bottom.

That was the second golden opportunity presented to us by GEIG in as many weeks; remember, we called it the week before last as well, and were rewarded with a single-session move of over 700% with traders easily being able to play the stock for gains in the 400% range. The high on that run was .08, so its quite possible to see GEIG make further strides from current levels.


Side Note:
We’re still monitoring FB Calls as we pointed out at the beginning of last week. We’ll be looking to capitalize on the volatility that comes with rising anticipation of earnings, due for release on Wednesday. It won’t be the first time we’ve used this tactic, and it isn’t likely to be the last.

In the midst of earnings season, we’re focused on using the trends to our advantage in making some potentially big options trades, not just with FB, but many others as well.

Extended Watchlist:
PLUG, NQ, EXTR, CLWT, CTIC, ATRX, NLST, KNDI

AAPL, DUSS, ZOOM, ILST & Extended Watchlist

Apple, Inc. AAPL – Options

In Friday’s daily report, we were focusing in on AAPL options. We were watching the $550 Weekly Calls, which dipped as low as .66 before running as high as 8.35, a remarkable intraday move of 1165% They would close the session strong at 6.50. We had also added the $555’s to our radar. Those were as cheap as a nickle, and ran as high as 3.35, for an astonishing 6600% rip. You didn’t read that wrong. We said six-thousand, six hundred percent! Even the $560 Calls (that we mentioned would be a target provided AAPL broke through the $557-mark) traded in a vast range from .03 up to 1.51 (+4933%).

AAPL Options were certainly a trader’s paradise on Friday, so congratulations to anyone who caught our morning report and was able to get in on the incredible action! We’re looking for the upward momentum we saw in AAPL to continue into this week, and wouldn’t be at all surprised to see AAPL at, near, or above $600 by the end of 2013.

Dussault Apparel, Inc. DUSS

We mentioned Friday that if DUSS hold support above the .0007 area that we would remain interested in the stock. It managed to do more than that, trading in a daily range from .0008-.001, giving traders the chance at up to a 25% intraday gain.

We’re tracking DUSS following an announcement that the company would be shifting focus to the mining sector by acquiring some mineral claims, and so we’re going to want to follow that story to its conclusion. The claims, referred to as  “Montauban Gold Tailings” could mean a significant revenue stream for the company if they begin producing gold. While it’s still quite early in this developing storyline, it’s worth keeping an eye on moving forward.

Zoom Technologies, Inc. ZOOM

ZOOM came off of our watchlist on Friday and turned out to be quite an aptly-named stock. It zoomed upward from a low of 5.96, and afforded folks the chance at up to 39% in intraday gains as it touched a high of 8.30.

This comes on the heels of Friday’s announcement that the company had entered into a letter of intent to possibly acquire Baifen Tonglian IT Co., Ltd. which is one of China’s leading mobile ad services providers.

International Star, Inc.  ILST

ILST was another play from our radar on Friday, and it played out a classic dip-and-rip scenario during the day’s session. After touching a low of .002, the stock would rally to close at its high of day at .0028. That was good for an intraday opportunity at a gain of 40%

Extended Watchlist:
ARIA, CAMT, ALU, FRO, CTIC, BOSC, WYY, NLST, MACK

ONP, NQ, APP & Extended Watchlist

Orient Paper, Inc. ONP
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ONP was a good pick from yesterday’s extended watchlist. We included it after after noticing that the stock was gapping up pre-market. It did so, and after touching a morning low of 2.15, we observed a move from ONP which took the price as high as 2.55. That was good for an intraday spike of 19%

This came on the heels of the company’s release of unaudited preliminary third quarter figures, which included 25% increases in both net income and earnings-per-share, and a 23.5% boost to gross profit. This is a steadily growing business that we will want to keep an eye on moving forward.

NQ Mobile, Inc. NQ

Another winner from the extended watchlist yesterday came in the form of NQ. The stock saw a daily range from 8.74 up to 12.18, and afforded us the opportunity at gains of up to 39% It seems we caught this play off of its bottom and mentioned it at just the right time.

As is generally the case when we come across such a play, today we’re on the lookout for the stock to post higher highs and higher lows to confirm an uptrend off of that bottom.

American Apparel, Inc. APP

On October 8th, we mentioned that we were watching for a bottom on an old favorite of ours, APP. It had been steadily downtrending since the beginning of August, and it seemed like the right time to re-alert the stock. Just two days later, we saw that bottom, as APP touched 1.04. After waiting patiently for just a few weeks, it seems that APP has finally begun a reversal and is now headed up once again. Yesterday APP broke through a key resistance point, the 50DMA at 1.31, and several indicators are showing strength, including the MACD, which is currently diverging, and we have an RSI which is heading straight into the power zone.

The timing here couldn’t much better, as APP has been one of our favorite retail stocks heading into the holiday season for years now. For example, last year, the stock saw a move from .90-2.40 between the months of November and April. The year before, it was from the .50-range up to 1.20. We are excited to see where this year’s retail season takes APP, especially after catching it right off of its dead bottom.

Extended Watchlist:
CYBK, S, NLST, ARIA, OXBT, MEET, BLDP