Blue Horseshoe Stocks: GTAT Recap & More

GT Advanced Technologies, Inc. GTAT

The unmatched winner of yesterday’s report definitely has to be GTAT. This gem came off of our extended watchlist, and had a breakout session. The impressive run began at a morning low of .88, and the stock continually pushed the envelope, reaching an afternoon high of 2.00.

The move came to an impressive intraday gain of 127% on 17X the three-month average volume. Cheers to all the folks who were able to carve a slice off of the pie!

The PPS did taper into the close, pulling back to 1.21, but is gapping up this morning, with GTAT thus far having traded as high as the 1.60’s in the premarket.


Recapping Yesterday’s Options Idea

Yesterday morning we raised a flag on the November $16 PBR Calls, and our bait wasn’t in the water long before we got a bite. PBR would briefly crack the $17-mark by early afternoon setting the stage for a solid chance.

Our contracts of interest traded in a range from 2.00 to as high as 2.70, making for a 35% intraday swing. With plenty of time before expiration, we could still see further action on the Nov. $16’s, so they’ll stay on our radar for the time being.


Extended Watchlist:
JNUG, SCOK, OXGN, UNIS, 

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

OSLH, TTDZ, PSID, PLUG & Extended Watchlist

OSL Holdings Corp. OSLH

After putting OSLH on watch Monday morning, we saw the stock run hard, jumping 113% from .089 to .19.

Yesterday brought another chance for traders to score sizable intraday gains. The stock traded in a range from .135-.25, which represents a move of 85%

Currently there’s support sitting at .115 and .135, with resistance at .199 and .25. If it can break past .20 again, we think there’s a good chance of seeing OSLH retest the .25-level.


Positive ID Corp. PSID

We brought PSID back to our reports on February 18th on the heels of a major consolidation, and ended up being very pleased with the timing. We saw a low of .0572, and then, just seven sessions later, a subsequent price of .125. That was good for a 119% rip.

The stock then underwent a general consolidation while fortunately holding above the 200DMA, and after touching a low of .08 yesterday, we were able to witness another run, this time to .1095, tacking on an additional 37% to the total gains we’ve seen off of this stock in just a few weeks.


Triton Distribution, Inc. TTDZ

To refresh your memory on TTDZ, we caught this play at .0012 on January 30th, and would actually see it increase 1000% to .0132 over a period of just over three weeks!

After the consolidation that followed, TTDZ came down to bounce off of support at .0061 at the beginning of this week, and has made a nice turnaround, reaching back up to .0094 shortly before the closing bell yesterday.


Plug Power, Inc. PLUG

After pulling back off of its most recent run-up, PLUG reversed its position and began to climb once again on Wednesday.

We’re on the lookout for the effects of an earnings release out today which reflects “strong fourth quarter product sales and maintenance orders were received from significant customers such as Walmart, Kroger, BMW and Mercedes-Benz.”

We also wanted to let folks know that they can tune into PLUG’s conference call today at 10:00am Eastern to review fourth quarter results. You can listen in by calling 877.407.8291.

The webcast can also be accessed at www.plugpower.com, selecting the conference call link on the home page, or directly at http://www.media-server.com/m/p/ge6327sd.


Extended Watchlist:
APPY, BLDP, OXGN, CBMX, HSOL, RSH