Blue Horseshoe Stocks: IMGN, AURI Reviews & More

ImmunoGen, Inc. IMGN

We were hoping for a strong start to the week yesterday, and IMGN was among those stocks to provide us with the spark to get it going. We tagged this play in yesterday’s extended watchlist after noticing it gapping up pretty heavily in the premarket.

From its opening price of 11.48, the stock soared as high as 15.88, a single session spike of 38% on volume that exceeded the 3-month average by more than ten times.

We’ll always continue to keep watch over a stock on the tail-end of such a momentous burst, as there may be rebound opportunities presenting themselves on any pullbacks.

Auri, Inc. AURI

Speaking of bounceplays, AURI ended up turning in an impressive intraday performance yesterday. Just as we were patting ourselves on the back for catching a 92% pop in the stock on Friday, we explicitly suggested that there could be added opportunities forthcoming, stating:

“We won’t disregard the possibility of a bounceplay once the stock establishes firm support, so we’ll be on the lookout for that.”

We didn’t have to keep a lookout for long, because after dipping down to find support at .003 quite early in the session, the stock banged out another huge move for us, running all the way up to .0064. That marked an intraday swing of 113% and occurred on nearly three times the monthly average volume.

We’ll keep our eyes on the price action as the week progresses, being interested to see how this morning’s publications of New Shareholder Updates & Current Status and new sales distribution channels are received.

Oncothyreon, Inc. ONTY

We also flagged ONTY in yesterday’s report, and it made a notable intraday move as well. The stock traded in a range from 3.78-4.69, providing folks with the chance at modest intraday gains of up to 24%

Our timing in re-alerting this play yesterday was beautiful, as the daily high also registered as a new 52-week high. When calculated from our observed low of 2.80 following our initial alert on the stock on May 22nd, it comes in at an overall increase of 67% in just over a week’s time.

DirectView Holdings, Inc. DIRV

As we’re all aware, 2015 has been a year of heightened tensions between civilians and law enforcement, showing the growing need for more oversight into police operations. We successfully used the beginning of this trend to trade TASR options earlier this year, and we’re going to radar DIRV as a similar type of play in the microcap arena .

Like TASR, the company produces body-worn cameras, the implementation of which has been an exponentially growing trend in cities across the country this year. This morning we learned that the company has been testing on a special line of the products that includes mobile broadband technology. >> READ PR

In addition, DIRV is building a cherry of a chart at the moment, as we point out with the annotations below. We’ll place it on our watchlist moving forward.

PLUG Power, Inc PLUG

We recently rementioned an old favorite, PLUG, and said that we wanted to see it get back  to trading above its 50DMA and the stock has done that. It has been doing a good job of holding support above that mark (Currently 2.61) and we wanted to point out the PR that hit the wires this morning.

Extended Watchlist:

Blue Horseshoe Stocks: VBLT, PVSP Video Charts & More

We had a large wave of subscribers over the weekend, so before we get started, let us take this opportunity to welcome our new members! Be sure to catch our reports on time every morning within 20 minutes prior to the opening bell- in many cases it can be the early bird that gets gets the worm! 

Vascular Biogenics, Inc. VBLT

We first placed VBLT on our watchlist on March 25th, and on that day witnessed a moderate intraday move of 26% as the stock ran from 6.25 to 7.86.

That was followed by an extended period of consolidation which persisted throughout the month of April. Eventually the stock established support in the mid-$3.00 range early last month, and from there it has been quite the performer.

There was a massive move from 3.60-7.09 (+97%), followed by a dip back to 4.86 (05/20), and to end the short week on Friday, the stock touched a new high of 8.70, representing a 79% swing. That high has been surpassed in premarket trading this morning as the stock breached the $9-mark on word of some positive data from one of the company’s drug trials (Link below). We’ll continue to follow along with the action as we kick off this fresh trading week.

Here’s a video pointing out the characteristics of the current VBLT Chart:

Pervasip Corp. PVSP

PVSP was a thousand-percent-plus gainer for us earlier this year, and we want to return focus to the stock once again this morning.

Subsequent to our alert on January 20th, we watched as this play exploded from an absolute bottom of .0001 in February, all the way up to .003 at the end of April, an incredible 2900% span.

We’re looking at the stock once again this week as we noticed it recently coming down to find support at its 200DMA of .0006 (05/21), and since then it appears as if PVSP is gearing up for another potential upswing. It has been establishing higher lows, and could be ripe for another rip, so we’re keeping our eyes open.

We created a video chart for PVSP as well:

Oncothyreon, Inc. ONTY

We made mention of ONTY as a morning gapper in our report dated May 22nd, and from a low of 2.80 that day, the stock has made quite a bit of forward progress. It hit 3.66 (+31%) two sessions later, followed by only a slight pullback.

We’re watching this morning as the stock is gapping up once again, having already chancged hands for as much as 5.35. That represents a 91% increase from our observed low, and further draws our interest in following the action from here.

Auri, Inc. AURI

Despite a big pullback into the close, AURI did not disappoint in its early performance on Friday. From .0052 the stock surged as high as a penny before tapering off, registering an intraday swing of 92%

We won’t disregard the possibility of a bounceplay once the stock establishes firm support, so we’ll be on the lookout for that.

Extended Watchlist:

Blue Horseshoe Stocks: AVEO Recap, Options Ideas & More

AVEO Pharmaceuticals, Inc. AVEO

We’ve tracked AVEO in our reports from Wednesday and yesterday to what has turned out to be a strong intraweek swing. From Wednesday’s low of 1.50, the stock surged to a new 52-week high of 3.50 early in yesterday’s session, during which it traded more than thirty times its 3-month average.

It marked a two-day move of 133% which began when the company released favorable drug trial results on Wednesday. Strangely, the PR (View It Here) seemed to go largely unnoticed by the investment community until yesterday. Despite that fact, we showed up early to the party, and had a heck of time watching others catch on, producing yesterday’s annual high-setting push.

After consolidating into the close, AVEO appears to be gapping up slightly this morning, so we’ll stay tuned to the price action as the session unfolds.

Holiday Island Holdings, Inc. HIHI

We played HIHI like a fiddle this week; it’s yet another example of us providing our readers with advanced notice on prime-time chances to profit.

We alerted folks to the situation in our premarket report on Wednesday, at which time the stock was trading at a low of .0015. Word of a massive share reduction via purchase and return to treasury hit the newswires early, providing us with all the incentive we needed to include it in our daily interests. HIHI proceeded to run more than 70% over the course of that afternoon.

Then yesterday, we caught wind of a promotion on the stock with which we had no involvement, and it prompted us to remain focused on HIHI. We mentioned that the promo might produce “an impeccably-timed boost to extend our profits as we look to take them off the table” and it worked like a charm. The stock ended up touching a new high of .003, marking a two-session swing of exactly 100%.

Morning Gapper Watchlist
While a Friday preceding a holiday weekend is usually a relatively subdued affair, there are a couple of items hitting our scanner that we’ll be monitoring for opportunities.  Each of the following is gapping up in the premarket:

Emerald Oil, Inc. EOX
We drew up a chart to illustrate the situation on EOX. The stock was kicked hard during yesterday’s session so we’ll be on alert for some rebound action today.

Oncothyreon, Inc. ONTY
ONTY is the other gapper that will retain a portion of our of our focus this morning.

Quick Options Trading Ideas:

 Apple, Inc. AAPL has been on a wicked run all week, so we’ll watch for a dip-and-rip scenario; the $131 and $132 Weekly Calls should be in play today.

For Petroleo Brasiliero SA (Petrobras) PBR, we’re going to zero in on $9.00 & $9.50 Weekly Calls.

Extended Watchlist: