Tag: PBR

Blue Horseshoe Stocks: Recapping RPI & JNUG

Roberts Realty Investors, Inc. RPI

RPI was a standout from yesterday’s extended watchlist; it began the day trading at an early low of .86 before gradually building throughout the session to a high of 1.16. The move marked the chance at up to 38% in intraday gains for us, and came on substantial volume to the tune of 36X the 3-month average.

The move came following a PR on Wednesday that iterated the details of a purchase agreement with A-III Investment Partners LLC, whereby the company intends to purchase $12M worth of RPI, giving a tentative execution price estimate of 1.40/share. >>> Full PR

For that reason, we will allow RPI to remain on our watchlist for the time being. A move to the figure mentioned in Wednesday’s PR would mean added gains of more than 35% from the present level.

Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG)

JNUG continued to perform well for us following its inclusion in yesterday’s report, making a modest yet notable 13% intraday move from a low of 4.86 and peaking at 5.50. This ETF has offered us the chance at several swing trade opportunities in the weeks since we first began tracking it in October, and like we said yesterday, will remain of interest as we approach a time of year when worldwide gold demand is generally at a high level.

We’re seeing a significant gap-up this morning as well into the 5.80-range. The recent low we’ve seen from JNUG came on November 5th at 2.84, meaning that in a span of just over two weeks, we’ve already witnessed a greater-than 100% increase.

Extended Watchlist:
JRJC, AMZN, FB, GPRO, PBR

Blue Horseshoe Stocks: PBR, PTIE Updates, & More

Petroleo Brasiliero S.A. (Petrobras) PBR Options

Our long-time favorite options-trading target, PBR, after taking a significant beating over the past couple of weeks, finally found support in the 10.80’s and began to bounce back during yesterday’s session. It marked the lowest PPS we’ve witnessed since we first began watching this play. We’re also seeing a moderate gap-up in premarket trading this morning. We want to see it achieve higher lows and higher highs over the next few sessions to confirm the trend.

We’ve experienced many dips and rips with PBR over the roughly 7-month period we’ve been tracking it, and as we usually do in this situation, we’re going to attempt to take advantage of the recovery pattern we’re observing. For a specific idea, we want to radar the November 14th 12.00 Calls.

Pain Therapeutics, Inc. PTIE 

The huge gap down we noticed in the premarket yesterday is what drew us to include PTIE in our morning report. We mentioned that we’d monitor it for a eventual bounce and it came almost immediately. The stock saw a brief morning low of 1.61, and bounced back as high as 2.14 in the afternoon.

It marked a 33% intraday move, and intrigued us enough to want to continue watching as the week progresses.

The cause of the enormous gap-down was the nixing of an agreement the company had with Pfizer to develop and commercialize its Remoxy pain medication. It’s worth it to note that despite the huge setback, the stock came into this week with an analyst price target of 8.00/share.

Ascent Solar Technologies, Inc. ASTI

ASTI is one we’ve had an eye on for the past several weeks as it has searched out its own lows, and after reaching a bottom in the 1.40-range a couple of weeks ago, the stock has been making some nice strides to recover lost ground.

This morning the stock is gapping up over $2 on the heels of an early morning PR relating to a key milestone in a potentially lucrative Chinese joint venture.

Extended Watchlist:
DRYS, FRO, JNUG, WAVX, WMGIZ 

Blue Horseshoe Stocks: Great Way to Start the Week

Yesterday’s Winners

We’re happy to report that two of the mentions from yesterday’s premarket newsletter yielded prime-time opportunities for our members. 

Alpha Pro Tech Ltd. APT

APT made a nice move for the second straight session; we called this one on Friday, and saw a low of 5.72 at that time. Toward the end of the day, as it did on Friday, the stock began to ramp up and set a new high for us, touching 10.47. That marks a two-day overall gain of 83% so cheer to whomever has been following along with us on this one.

Nanosphere, Inc. NSPH

NSPH was our other wildly-successful pick from yesterday, and like the aforementioned play, it too saw the bulk of its daily gain come in the latter portion of the session. The stock rose from a morning low of .70, and pushed its way to a high of 1.27 in the late afternoon.

That was good for an intraday gain of up to 81%, so cheers go out to all those who took advantage!

Options Trading – PBR

We want to touch base with our most recent options trading idea, the PBR November $16 Calls. With PBR showing some movement to the upside yesterday we did observe some positive momentum in those contracts.

We originally caught them at a low of 2.26 and they were able to reach a high of 2.63 yesterday, a 16% increase. Albeit a modest move, there is still plenty of time before expiration, so we won’t let these slip off of radar just yet.

Versar, Inc. VSR

We want to quickly put VSR on our radars today. Last week the company announced a couple of lucrative contracts, and the stock made some pretty heavy swings during yesterday’s session. It had gapped up big in the morning, and came all the way back to the 2.70’s in the afternoon before catapulting back to the 3.60 just prior to the close of the session.

We’ll be interested to monitor a play with this kind of volatility as we head into mid-week. A sharp eye could help us to catch any further opportunities that might present themselves.

Extended Watchlist:
AEMD, CERS, CNET, INO, RFMD, MNGA,

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, 

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