Blue Horseshoe Stocks: AVOP, CETV, PBR Options

AV1 Group, Inc. AVOP

We’ve been tracking AVOP for a few weeks now, having already seen some pretty impressive moves from the stock. Our initial alerts lead to gains in excess of 200%, and we saw another spike yesterday which led to AVOP coming down to .0012 from a high of .0027.

The stock closed out the day at .0016, and it seems to be searching for a bottom, so we’ll be monitoring for that eventuality. As volatile as trading in AVOP is, a properly timed bottom play could yield significant gains.

In order to remain interested in AVOP, we’ll want to see it hold support at or above its recent base range of .001-.0012.


Central European Media Enterprises Ltd. CETV

It’s been quite some time since we caught CETV on a Form-4 scan back in 2013. We followed the stock to highs well over 6.00 back in October.

After searching out a bottom, CETV again surged from the 2.10-range to the 3.40’s from November, and leading up to the beginning of 2014.

The stock produced yet another spike at the end of February that carried it from under 3.00 to nearly 5.00.

We come across this play as it is once again in a bottom-searching pattern. With the kind of moves this thing has made for us in the past, popping after big consolidations, we would be remiss to ignore its potential once it does find solid support and a subsequent rebound.


Petroleo Brasiliero SA (Petrobras) PBR

The PBR options chain has been very kind to us in recent months. When we first introduced this play on March 21st, the stock was trading at a low of 11.25.

It seems every time we called out our interest in a particular set of contracts in the weeks that followed, the gains would pile on, often to the tune of 100% or more. A quick scan through our PBR archive will confirm just how many times we took advantage of this stock’s recovery.

After peaking at a high of 14.87 on April 8th, the stock came back to bounce off support at 12.98 on April 15th.

Since then, it has been testing the boundary at $14, and hit a high of 14.03 yesterday, and already in the pre-market the stock is trading as high as 14.10, so we’ll try to take advantage of the trend using options.

We’ll be monitoring the $13.50 and $14 Weekly Calls throughout the rest of the week for potential dip-and-rip opportunities.


Extended Watchlist:
S, NOK, BSBR, FOLD, NVAX, OXGN

PLUG, YRCW, VNDA, PCGX, FNMA, FMCC & Extended Watchlist

Plug Power, Inc. PLUG

PLUG continues to be a winner for us, seemingly, every time we mention it in one of our reports. Yesterday, we were anticipating a potentially profitable session based on observed indicators on the chart, and once again our timing proved to be extremely accurate.After touching a low of .58 early in the day, PLUG would climb for the rest of the session, closing at its high-of-day, .67. That represents a solid 16% increase on slightly less than twice the 3mo. average volume. With a head of steam like that building, we’ll be sure to continue monitoring PLUG today.


YRC Worldwide, Inc. YRCW

On Wednesday, YRCW appeared in our extended watchlist as a play that was gapping down, noting that we were on the lookout for a reversal. That’s just what happened, as we observed a 13% intraday move from the stock on that day. We continued to monitor YRCW yesterday and were once again met with positive results.

Trading in a daily range from a low of 7.51, YRCW was up as high as 8.699, marking a 16% intraday gain.


Vanda Pharmaceuticals, Inc. VNDA

After an appearance in Tuesday’s extended watchlist, and a feature in Wednesday’s report, wherein we were expecting FDA-related news from VNDA regarding a New Drug Application. The result was so highly-anticipated that it warranted NASDAQ to halt the stock on Thursday.

The FDA committee indeed met and are recommending approval of the company’s drug “tasimelteon, proposed tradename HETLIOZ(TM), for the treatment of Non-24-Hour Disorder (Non-24) in the totally blind.” Non-24 is

As expected, the stock has resumed trading today and is gapping up this morning, with trades going off in the 14.60-16.50 range. This is already a substantial increase from our initial alert price at 11.07, and with positively-charged FDA news hot off the presses, profit margins could very well expand even further.


Virtual Sourcing, Inc. PGCX

Our timing was just a little bit early in our October 24th mention of PGCX. We were looking out for a bottom that would take until early last week to occur. However, when it did, it bounced off of support at .08, and subsequently made a 100% rip to .16.

The stock caught our eye yesterday, as it appeared to be searching out support once again, and found it at .09. We are curious to see how high the resulting bounce here could be in comparison to the one we observed previously.


Fannie Mae FNMA
& Freddie Mac FMCC

We follow this mortgage lending pair fairly regularly, and began re-introducing them onto our main watchlist on October 24th. At the time FNMA was trading as low as 1.86, and FMCC at 1.69.  Each has been on a steady increase since that time, with Fannie hitting a high of 3.08, and Freddie, 2.90. Both show no signs of relenting today, and are gapping up in premarket trading. (FNMA last traded at 3.42, FMCC at 3.30)

Some of you might remember the gains amounting to 350% we saw from these play earlier this year, so if past results are any indication of what we can expect from these two moving forward, we could be in for yet another wild ride at their expense.


Extended Watchlist:
CTIC, ICLD, FENG, SKBI, FONR, NOK, QCOM

Blue Horseshoe Stocks: FB & AAPL Options, INO, NOK, ZQK

Facebook FB OptionsThe FB 09/13 $41 Calls first appeared in our reports on September 4th, as we stated: “…if FB can breakout to $45 by next Friday, we could be looking at multi-bag gains from these contracts.” While we fell just shy of our target by .39 at Friday’s high of 44.61, the price action on those calls was still enough to provide us with those multi-bag gains with a whole trading week still remaining until expiration! So far, from their low following our 09/04 alert at 1.29, we saw a subsequent push to 3.80, good for a gain of 251% over a period of just a couple of days.

We’re going to remain bullish on these $41 Calls as we head into Friday’s expiration, as we think the chances are fair that FB as a whole remains on a general uptrend. It could lead us to move up on our strike price and contract duration as well. The 09/21 $45 Calls closed at .82 on Friday, and if Facebook does continue its upward momentum, those are likely to be the next contracts that will catch our interest.


Apple (AAPL) Options

There has been much speculation surrounding the possible focus of Apple’s big event tomorrow, which is widely believed to be an unveiling of the new iPhone 5S, although there have been no confirmations. Whenever a situation like this comes along, we always try to stay ready to advantage wherever possible. The public’s reaction to tomorrow’s event will determine our reaction in playing the Apple options chain. A successful reception and subsequent rise in PPS would obviously draw our attention to the Calls, while a disappointing result would force us to look at the Puts.


Inovio Pharmaceuticals, Inc. INO

We’ve been hot on the trail of INO since the beginning of July, when the stock was trading below a dollar (.7953 at its low). Within a month of that, by early August the stock had hit 3.03, which represented a move of 281%

We reminded everyone on August 23rd that we were observing higher highs and higher lows after the subsequent consolidation ( to a low of 1.60). Then on Friday, sent another reminder that INO was beginning to bounce back. We then saw a run back to 2.45, which marked a gain of 53%

This morning, the stock hit a high of 2.85 in pre-market trading, and trades are currently going off in the low 2.70’s.


Nokia Corp. NOK

Another stock that has done extremely well for us over an extended period is Nokia (NOK), especially recently, as its shares price ballooned on news that Microsoft had acquired its devices division as well as licensing rights to several of its patents. We’ve been following this stock for over a year now, and in that time we’ve seen a low of 1.91 run all the way up to recent highs in the high 5.50’s, a move of over 190%


Quiksilver, Inc. ZQKZQK appeared in Friday’s extended watchlist following release of an earnings report. After establishing a low at 5.99, the stock ran as high as  7.09, granting us the chance at an 18% intraday gain.


Extended Watchlist:
EXMT, BBRY, BLRX, UNIS, CLSN, MNTG