Blue Horseshoe Stocks: HMNY, SANP Review & More

Helios and Matheson Analytics, Inc. HMNY

We began tracking HMNY closely on September 20th, and since that time it’s been nothing but blue sky breakout for the stock ever since. On that morning we observed a low of 5.47, and it’s never looked back.

To kick off the week yesterday HMNY soared to an astonishing new high of 23.49, marking a 329% increase in a span of less than three weeks. Volume has also been coming in far above anything the stock saw prior to September.


Santo Mining Corp. SANP

We decided to tag SANP in yesterday morning’s premarket report after noticing the manifestation of some unusual trading activity over the course of last week. It ended up being a solid idea to start of this week, with the stock making a very convincing move to the upside.

From a low of .0013, SANP reached as high as .0021, marking an intraday push of 62%, with the better part of a billion shares changing hands on the day. It was the third consecutive session in which the stock registered higher lows and higher highs, and we’ll be in the lookout for a continuation of that pattern.


Cleantech Solutions International, Inc. CLNT

Another inclusion in yesterday’s report was CLNT, which ran pretty hard early on in the session with the help of a PR alluding to a possible acquisition (>>View PR).

The stock made a move from a low of 5.70 to a high of 8.25- a respectable 45% pop. CLNT ultimately ended up trading an incredible 330X its monthly average volume. While it didn’t maintain at least half of its daily gains into the close, with volume like that, we’ll be sure to keep a slot on our watchlists open for CLNT.


MannKind Corp. MNKD

We saw a pullback in MNKD Friday after a solid move, and we signaled some options calls, MNKD 10/20 $5.50 & $6.00, that pullback gave a great potential entry point. This morning in the premarket, MNKD is gapping up past the $6 mark, pushing the strike prices we targeted into the money.

Its always a good idea to lock in some profits on a gap up, in case a stock decides to pull back. In the event we see do a pullback in this case, we may look to take advantage of the dip by re-entering the position.

MNKD has one of our favorite chart patterns- when the 50DMA breaks above the 200DMA, known as a “Golden Cross”. Stocks tend to breakout when this occurs so we definitely want to continue to track this idea going forward.


Extended Watchlist:
OCRX, GEVO, ABEO, KALV, CVM, ARGS, USEG

Blue Horseshoe Stocks: More New Highs for OCRX, Updates

Ocera Therapeutics, Inc. OCRX

We caught OCRX coming up off its bottom and included it in Wednesday’s morning report. That day the stock ran from .77 to 1.15 (+49%) on massive volume.

We mentioned as much in yesterday’s premarket report, highlighting the strong close, and noting that “another bullish session could be forthcoming” provided the stock didn’t dip below 1.10 on any pullbacks. We got just what we were looking for; another bullish session as the stock traded up from 1.24 to 1.94, an intraday increase of 56%

It registers as a two-day swing of 152% over our observed low from Wednesday, and we’re going to want to be on the lookout for the stock to have a strong close to the week as well. It closed at 1.89, just under the high of day, once again with huge volume on the order of sixteen times the monthly average.



Caterpillar, Inc. CAT – Options Update

Our regular readers will recall our options idea on Caterpillar that we offered up in our report from last Friday morning. We were tracking the stock over a significant backslide in the sessions leading up to that and felt it had further to fall, so we highlighted the CAT 04/07 $88-85 Puts, choosing an extended expiration date to give our idea time to mature.

Since then, it has worked like a charm, with our identified contracts each making triple-digit percentage gains as CAT stock continues to fall:

$88 Calls – Range: .50-1.36 – Max Gain: 172%
$87.50 Calls – Range: .51-1.22 – Max Gain: 139%
$85 Calls – Range: .27-.74 – Max Gain: 208%



Bottom-Bounce Watchlist

Catabasis Pharmaceuticals, Inc. CATB – We’re interested to follow CATB, which we noticed is coming up off its bottom and gapping up in the premarket this morning. Even at its early high of 1.79, there’s still a sizable portion of the monster gap we pointed out below left to fill.

Pareteum Corp. TEUM - In the case of TEUM, it began to show hints of a reversal yesterday after several bearish sessions, and it too is gapping up in premarket trading today. We’ll keep an eye on this one as well.


Extended Watchlist:
CCTL, MYSZ, PRKR, SRRA, DCTH

Blue Horseshoe Stocks: OCRX Recap, Options & More

Ocera Therapeutics, Inc. OCRX

We noticed OCRX gapping up off of its bottom yesterday in the premarket, relaying that fact along to our readers in our morning report. The stock had a major gap to fill to the upside leading into yesterday’s session which we pointed out with a chart snapshot, and the excellent intraday run that ensued made some good headway in terms of filling a portion of that gap.

The stock traded in a range from .77 to 1.15 yesterday, for an intraday rise amounting to 49% and did so on immense volume to the tune of roughly 15X the 30-day average.

This morning in premarket trading we’re seeing another gap-up, trading as high as 1.37 so far. We’ll need to keep our eyes peeled right from the starting gun this morning as another bullish session could be forthcoming. We’re going to want to see yesterday’s closing value of 1.10 hold as support on any pullbacks in order to sustain our immediate interest.


e.l.f Beauty, Inc. ELF – Options Idea

We caught ELF on the heels of a strong earnings report wherein healthy beats on both earnings and revenues were announced. The stock is gapping up in premarket trading today, having breached the $30-mark with an early high of 30.99.

We always like a good post-earnings options idea so we’re going to formulate one that we can follow for the remainder of this week and into the next. We will be tracking the three sets of contracts in the range of ELF 03/17 $25-35 Calls over the next few sessions for potential quick strike trades.



Northern Dynasty Minerals. Ltd. NAK

We highlighted NAK in yesterday’s watchlist after noticing the stock had been trending steadily downward toward its 200DMA. We banked on the hunch that it would find support around that area, and were essentially spot-on in assuming a reversal was in the cards.

The stock underwent a classic dip-and-rip pattern, trading in a range from 1.08-1.34 for a modest intraday upswing of 24% While it didn’t blow our socks off on the first day, we still believe that serious upside potential exists for NAK from its current standing. All indicators are pointing to the strong possibility of this stock returning to the 2.00-level or better in the near future.

Additionally, a hike in the federal interest rates, which many expect as soon as this month, could have a positive impact on precious metal plays like this one, so it will be interesting to see what lays in store for NAK.


Extended Watchlist:
APRI, EYES, HUSA, SMTC, XTNT, VVUS

Blue Horseshoe Stocks: TXHD, AUPH Recaps & More

Textmunication Holdings, Inc. TXHD

We included TXHD in yesterday’s extended watchlist after picking it up on a routine premarket volume scan, and we ended up being extremely happy we did so, with the stock making the top gains out of anything else we mentioned for the day.

Right from the opening bell, it blasted off from a low of .0042 and rocketed to a high of .0094, giving nimble traders the chance at intraday gains of up to 124%

TXHD closed at .0075 having traded massive volume, maintaining a good portion of the ground it gained during the day, so we’ll be eager to continue tracking its movements.


InterCloud Systems, Inc. ICLD

We remained hot on the trail of ICLD after issuing reminders in our reports  on Thursday and Fridays that it had begun to rebound off of its 52-week lows.

Thursday we had witnessed a low of .0157, and in yesterday’s newsletter we commented on the rapidly rising RSI and strong close, and sure enough, the stock continued its solid run-up on the chart.

ICLD traded in a range from .0221 to .0324, a 47% intraday boost, and an overall increase of 106% over our observed low from three sessions prior.


Aurinia Pharmceuticals, Inc. AUPH

The last time we put a tag on AUPH was at the end of January, and at the time, the stock was trading around $3, briefly touching a low of 2.95.

What occurred during the month of February was a slow and steady increase peaking at just under $4, but as we’ve come into March, the PPS has been ramping up much more intensely.

Yesterday, AUPH broke out to a new high of 7.32, which marks an overall upswing of 148% in the span of roughly five weeks.


Bottom-Watchers

Both Function(x) Inc. FNCX and Ocera Therapeutics, Inc. OCRX are going to be on our radars as potential rebound plays. FNCX has a excellent looking , ripening chart, and OCRX is gapping up off its own bottom this morning.

Each of these NASDAQ-listed stocks are required to work toward getting their share prices back above the 1.00 minimum standard, or face de-listing.


Extended Watchlist:
ABEO, CVM, RXII, NAK, HTBX, MYSZ