PBR Archives - Page 17 of 27 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options Trading Ideas & More

Running Options Trading Idea – PBR

We keep going back to the well that is the PBR options chain, and almost never come up empty-handed. Just to recap this week’s action, we targeted the PBR November $16 Calls on Tuesday morning, and were promptly rewarded with an 35% intraday spike.

On Wednesday, we commented on the real possibility of seeing more action in PBR options as the stock pulled back and rebounded, and it only took until yesterday’s session to see that prediction met.

For the second time this week PBR breached the $17-mark, and as a result, the $16 Weekly Calls traded from .86 to 1.20, an intraday increase totaling 39%

Movers From Yesterday’s Watchlist

First Liberty Power Corp. FLPC
FLPC made a notable move right at the start of the session yesterday morning, opening up at .002 and rapidly running to .0027. That marked a quick chance at up to 35% in gains.

iHookup Social, Inc. HKUP
We also tagged HKUP, and the stock would provide a series of intraday swings of which one could have taken advantage; the two main thrusts were from .006-.0072 (+20%), and .0062 to .0069 (11%).

Added Notes:

The overall markets took a pounding yesterday, and after a contrary performance by TSLA which managed a positive move, the stock is pulling back today to a premarket low of 240.56. As long as support holds at that range, we’ll be expecting to see a bounce. If that proves to be the case, we’ll need to identify a proper options trading target.

Likewise, we’re looking for an upcoming bounce on the SPY which got drudged down along with the market yesterday. We may have an interest in trading SPY Calls, and should be ready for a rebound to come at any time.

SPIR (On Bottom-Watch)
We want to quickly make a note of SPIR as well. The stock fell to new 52-week lows yesterday; we always like to monitor plays like these for potential bottom bounces.

Extended Watchlist:
APT, OBCI, IBIO, DYNT, LAKE,

Blue Horseshoe Stocks: Potential Bottom Play & More

Yesterday’s Top Picks

Wednesday was a pretty good day for a couple plays off of our watchlist; top billing goes to an ETF rather than a stock.

We tagged JNUG (gold miner’s bull index) and were pleased at the scope of the run we witnessed. Over an impressive daily range from 8.43 to 12.35, it offered us the chance at gains in excess of 46%

Meanwhile, UNIS registered a solid 25% intraday move as it spiked from a morning low of 2.78 on up to 3.49. Both plays blew their 3-month average trading volume out of the water for the day.

First Liberty Power Corp. FLPC

We also want to flag FLPC today for a number of different reasons. This subpenny stock is coming off of a recent bottom, and has recorded higher lows and higher highs for the last 4 consecutive sessions. Yesterday it broke above its 50DMA (.002), and we’re going to be looking for support to hold at or above that mark in order for us to remain interested.

A quick view of the chart reveals some of the potential of FLPC:

Extended Watchlist:
HKUP, RT, PBR, JBLU, FCEL, BLDP, PLUG,

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: LPCN Recap, LPDX & More

Lipocine, Inc. LPCN

LPCN served up an opportunity at some decent intraday gains after appearing on yesterday morning’s extended watchlist.

The stock played out a classic dip and rip scenario, falling to a morning low of 6.89 before surging back in the afternoon to a subsequent high of 8.42. That offered traders a chance at intraday gains of up to 22% on plenty of liquidity- the stock would trade 23.5X its 30-day average volume.

The productive session came on the heels of the company announcing favorable results from Phase-3 clinical testing of “LPCN 1021”, its oral treatment for low testosterone >>> VIEW PR

LipoScience, Inc. LPDX

LPDX is gapping up heavily in the premarket, and the interesting story behind it is one that we’re definitely going to want to give our close attention. Early this morning, the company announced that it was the subject of a buyout that would be executed at a share price of $5.25. Barely an hour later, another PR hit the LPDX newswire, concerning an investigation of the managerial board’s handling of the deal, and whether or not they have secured the best possible buyout price.

According to the investigative firm leading the case, “The $5.25 per share acquisition price is far less than where the stock has recently traded. In fact, on January 25, 2013, LipoScience stock opened for trading at $9.75 the day the Company sold 5.0 million shares of stock in its initial public stock offering.” >>> VIEW PR

The playing out of this scenario is going to be an interesting story moving forward, which is why we wanted to flag LPDX this morning, and fill everyone in on this morning’s happenings. The possibility that the investigation could lead to a potential restructuring of the buyout is enough to have us keep our ears to the tracks on this one for the foreseeable future.

Magnum Hunter Resources Corp. MHR

MHR is another morning gapper that we’re putting on our radars. This morning Magnum announced impressive throughput volumes on its “Eureka Hunter” gas gathering pipeline. According to the CEO, “increased capacity has resulted in a record day of approximately 316,500 MMBtu of natural gas”. >>> VIEW PR

Options Trading Idea: PBR Calls

We’re interested in the PBR October 31st $15.50 Calls last traded at 1.88. If we can see PBR make its way back to recent $20+ highs within a month, it could put us in position to see returns of up to 150-200% on those contracts.

Extended Watchlist:
RNN, MNKD, CNET, VHC, MPET

Blue Horseshoe Stocks: JDST, CNET, TTMI & More

Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)

JDST, for those of you who may not be familiar, is a bear index for gold, which has been taking a pounding over the past couple of months, as world economies have seen a general pickup.

Many analysts are predicting a protracted bearish run from the precious metal, for instance Goldman Sachs has forecast gold to decline to $1,050 an ounce this year. Still others believe a trip to sub-$1000/oz prices is in the cards.

Should gold continue its downtrend, JDST is one way to leverage against that, so we’re going to have this index on our radar from this point forward. It could stand to see further increases while investors are turning to other classes of assets which are currently boasting healthier returns.

TTM Technologies, Inc. TTMI

TTMI is hitting our scanners this morning as a potential bottom play. The stock made a run toward the end of Thursday’s session, and spent the day Friday under general consolidation where it came down to bounce off of support at 7.28 in the last hour of trading.

We’ll be keeping an eye in the activity here today, on the heels of this morning’s news of an acquisition that will make the company one of the world’s leading manufacturers of printed circuit boards.

COSTA MESA, Calif. and ST. LOUIS, Sept. 22, 2014 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (TTMI) (“TTM”) and Viasystems Group, Inc. (VIAS) (“Viasystems”) today announced the execution of a definitive agreement under which TTM will acquire all outstanding shares of Viasystems >>> FULL PR

ChinaNet Online Holdings, Inc. CNET

Another stock that popped up during this morning’s scan falls more under the category of a momentum play; CNET made a big move on Friday, and from the looks of things we should be on the lookout for some of that activity to carry over into this week. The stock is presently gapping up in the premarket, and as always when we see this scenario, we are open to the possibility of seeing a potential dip-and-rip on the chart.

The company also announced today that it had won recognition at yesterday’s Chinese eCommerce Industry Gateway Conference in Beijing:

BEIJING, Sept. 22, 2014 (GLOBE NEWSWIRE) — ChinaNet Online Holdings, Inc. (CNET) (“ChinaNet” or the “Company”), a leading B2B (business to business) Internet technology company providing online-to-offline (O2O) sales channel expansion services for small and medium-sized enterprises (SMEs) and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China, announced today that the company won the Best Company in Chinese Entrepreneurial SME Business Development Marketing at the 2014 Chinese e-Commerce Industry Gateway Conference. >>> FULL PR

PBR Options Trading Idea

Also, for a quick options trading idea to kick off the new week, we have possible interest in the October 3rd $16 Call, which closed at 1.29 on Friday.

Extended Watchlist:
TATT, DSS, RSH, CLX