Blue Horseshoe Stocks: Big Options Gainers & More

SPDR S&P500 ETF (SPY) – Recap

Yesterday morning in our premarket report, we formulated a fresh options idea with the SPY 05/15 $281-282.50 Calls after seeing that market conditions appeared to be gearing up for another session-over-session reversal after Monday’s selloff.

Our hunch proved accurate, with a bullish session similar to Friday’s going on the books yesterday, and it provided for some nice chances in our highlighted contracts.

$281 Calls – Range: 2.13-4.35 – Max Gain: 104%
$281.50 Calls – Range: 1.87-3.85  – Max Gain: 106%
$282 Calls – Range: 1.55-3.39 – Max Gain: 119%
$282.50 Calls – Range: 1.30-3.03  – Max Gain: 133%


Amplitech Group, Inc. AMPG – News

We’re revisiting AMPG again for the third straight time this week, after the company’s quarterly report was released yesterday, containing highlights for Q1 2019, which included bolstered sales, profits, and cash on hand. 

Some of the key financial highlights were as follows:

-Sales were $678.3K, up from $428.5K a year earlier, an improvement of $249.8K, or 58.3%

-Gross profits were $324.1K, up from $254.9K a year earlier, an improvement of $69.2K, or 27.1% Gross margins in Q1 were 47.8%, down from 59.5% the prior year.

-Operating Income in Q1 increased to $82.6K, up from $44.2K a year earlier, an improvement of $38.4K, or 86.9%

-Earnings before interest, tax, depreciation and amortization (EBITDA) for Q1 increased to $119.7K from $52.1K the prior year, an increase of $67.6 thousand, or 129.8%  EBITDA margins for the current quarter were 17.6 percent vs 12.2 percent in 2018, an improvement of 44.3 percent.

-Cash on hand increased from $442.1K in Q1 of 2018 to $783.6K in 2019, helped by improved profits as well as a new term debt facility which was secured in the first quarter. (>>View Full PR)

Be sure to check out the recent acquisition news from AMPG as well, which figures to improve the company’s sales by a significant margin.


FRESH OPTIONS IDEA:
Macy’s, Inc. M Weekly $22-23.50 Calls


Extended Watchlist:
CLRB, XXII, CEI, TLGT, HIIQ, HTBX, PEIX

Blue Horseshoe Stocks: ACHN, PBR & Extended Watchlist

Petroleo Brasiliero S.A. (Petrobras) PBR

PBR had another solid day yesterday, dipping below $15 only briefly where it found support at 14.88 before going on to push its upper limits over the course of the session, acvhieving a new high for us at 15.34.

All of the options contracts that we’ve been monitoring on PBR served up chances to gain a significant amount as the stock continued to bull its way north.

Even our longer-term idea, the 07/19 $15 Calls we’ve been tracking since last week from a low of .25 has already given us the triple-bagger we suggested it might in last Wednesday’s report. They closed out the day at .88, an overall move of 252% and it would appear they want to gap up along with PBR stock this morning, so we expect that figure to increase even further.

PBR has come a long way since we caught it coming off of 10-year lows back on March 21st. The stock itself has regained a lot of ground, coming from our observed low of 11.25 all the way up to current levels above $15. As we stated yesterday, if PBR has a tough time breaking through resistance at its previous swing high of 15.85, we’ll start to think about taking profits off of the table.


Achillion Pharmaceuticals, Inc. ACHN

We have to begin this morning by congratulating any of our readers who picked up on our coverage of ACHN yesterday, which allowed us the chance to make sizable gains for the second day in a row.

The stock gapped up as it did on Monday and continued to roll, trading in a range from 6.02 to 7.81 on the day, giving traders the opportunity to pocket close to 30% in profits intraday on inordinately high volume (To the tune of more than 22x the 3-month average).

From the low of 3.72 that we observed on Monday, the stock has already made a fantastic  110% move to the upside over the span of just two sessions.

The company put more news out this morning as well:

NEW HAVEN, Jun 11, 2014 (GLOBE NEWSWIRE via COMTEX) — Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN) announced today that members of the senior management team will present a corporate overview at two upcoming investor conferences:– 2014 Wells Fargo Healthcare Conference on Wednesday, June 18, 2014 at 1:15 p.m. ET at the InterContinental Hotel in Boston, MA; and– JMP Health Care Conference 2014 on Tuesday, June 24, 2014 at 11:00 a.m. ET at the Westin New York Grand Central Hotel in New York, NY.

The live audio and subsequent archived webcasts of the Company’s presentations will be accessible from the Company’s investor relations website, http://ir.achillion.com.


Extended Watchlist:
NWBO, NAVB, BIOF, PEIX, END, XXII

FRTD, PSID, PLUG & Extended Watchlist

Fortitude Group, Inc. FRTD

Leading up to yesterday, FRTD had already afforded us the opportunity to make up to 122% as we called out the stock on Tuesday and watched as it subsequently ran from .0081-.018.

At the start of yesterday’s session, FRTD briefly peeled back to .0151, found support, and would go on to hit a high of .0249. That marked an intraday gain of 65%, and brings our two-day total of cumulative gains on this stock to 187%

That performance came behind a PR that was released after the open announcing the possible repurchase up to 100M shares, read ahead for the whole story:

ERIE, PA–(Marketwired – Feb 26, 2014) – Fortitude Group Inc. (OTC: FRTD) CEO Thomas J. Parilla today announced that its Board of Directors on February 25, 2014 adopted a corporate resolution to authorize a stock repurchase plan pursuant to which Fortitude Group, Inc. may repurchase up to 100,000,000 (100 Million) shares of its common stock. >> FULL PR


Positive ID Corporation PSID

Ever since we brought PSID, an old favorite, back to the table in a report we published on February 18th, the stock has been creeping steadily higher each day. At the time of that initial alert, we observed a low of .0572. That places our total possible gain on this play at 92% as of yesterday’s high mark at .11.

Take a look at the following chart we’ve annotated to highlight some of the key aspects of the chart. Conditions appear to suggest that a sustained uptrend could be in the cards. In the event that another consolidation period occurs we’d like to see support hold at or above the 200DMA.

DELRAY BEACH, Fla., Feb. 26, 2014 (GLOBE NEWSWIRE) — PositiveID Corporation (“PositiveID” or “Company”) (PSID), a developer of biological threat detection and diagnostics solutions, today provided a review of its 2013 accomplishments and its outlook for 2014.

William J. Caragol, PositiveID’s Chairman and CEO, commented, “2013 was a very important year for us as we continued to position the Company and its products to address and capitalize on significant current and forecasted market opportunities in defense, healthcare and the molecular diagnostic sectors. We are currently in strategic discussions with several large government and commercial partners related to our biothreat detection (M-BAND) and medical diagnostics (Firefly) products, and expect to enter into agreements with one or more of these partners/customers in the first half of 2014. >> FULL PR


Plug Power, Inc. PLUG

February 15th marked the one year anniversary of PLUG appearing in our reports for the first time. We’ve continuously monitored this stock’s amazing progress, coming all the way from .1155, and continuously growing into the $4.00+ gem that you see today. If you take a look at the search results for PLUG in our archives, you can see that we’ve followed it every step of the way.

You don’t need a calculator to tell how impressive the overall move from PLUG has been, but just for fun, let’s use ours: In one year’s time, PLUG has given us the gift of an absolutely unreal increase of 3,917% measuring from yesterday’s high of 4.64!

The stock reached these heights thanks in part to orders the company has received from the world’s largest retailer. Along its current trajectory, we would not be surprised to see this stock continue its steady advance:

Plug Power Receives Milestone Order From Walmart for Multi-Site Hydrogen Fuel Cell Deployment

LATHAM, N.Y., Feb 26, 2014 (GLOBE NEWSWIRE via COMTEX) — Plug Power Inc. (Nasdaq:PLUG) today confirms the company has received a multi-site GenKey purchase order from Walmart Stores, Inc. to roll out its hydrogen fuel cell solution to power electric lift truck fleets at six North America distribution centers. The first of six sites will be deployed by the second quarter of 2014. >> FULL PR


Extended Watchlist:
JCP, DANG, CRDC, SYMX, CTIC, PEIX, BIOF, FMCC, FNMA

Blue Horseshoe Stocks: PLUG, BIOF, PEIX & More

Yesterday we saw money leaving the Solar Sector from profit taking, and it seems we’ve found new stocks that are heating up quickly, in the Energy Sector.

Plug Power, Inc. PLUG
PLUG first appeared in our reports back on February 15th. After being featured again in March 15th’s report, trading as low as .1161 at the time, and making its way up to .3177 by the 20th. That marked a gain of 174% Following that run, it pulled back to find support in the .15-range a few weeks ago.

Yesterday, the stock broke both the 100DMA (.28), its previous high at .3177, touched .3278, and closed just above the previous high at .318. We’d ideally like to see support hold at .318. Should it fall below that, we’ll need PLUG to hold support at .26-.285 in order for us to remain interested.

We’ve pointed out several key aspects of the chart below:


Continuing our theme of energy plays, here is a group that will be high on our watchlist today:
BIOF, PEIX, SCOK, FXEN,

BIOF and PEIX are some old-time favorites of ours in the ethanol sector. These two stocks generally tend to trend together, and have given us the opportunity for several gains over the long timespan we’ve covered them.

SCOK is a coal company that has recently gained some momentum, we want to keep an eye on that one today as well.

FXEN is a NASDAQ-listed energy play that also set off our scanners yesterday, as it enjoyed quite a fruitful trading session. Like the others, we want to keep an eye peeled for continuation of existing momentum.


We’d also like to congratulate ourselves for our stellar call of TCPS, which made a beauty of a run from .0025-.0061 (+144%), it then dipped back to .0045 and ran another 36% back to .0061, for cumulative intraday gains of 180%

It also made us the winners of yesterday’s Penny Stock Rumble:


Extended Watchlist:
TENP, CLNT, CLSN, IBIO, MBND,

WPNV | WindPower Innovations, Inc. & Extended Watchlist

WindPower Innovations, Inc. WPNV

WPNV is an alternative energy stock that was a feature of ours on April 16th, as well as appearing the day prior in our extended watchlist. The stock had maintained a solid level of support at .02 since we initially began coverage, and on Friday, a rush of buying pushed it as high as .0378. With proper timing, one could have banked as much as 89%

The chart is currently shaping up nicely- the RSI just broke into the powerzone, and with the 50DMA rising sharply toward the 200DMA, it now appears as if a Golden Cross is imminent. We will definitely want to keep an eye on WPNV for a continuation of the uptrend we have thus far observed.


Extended Watchlist:
CLNO, ASUV SKTO,
(PEIX, BIOF – Both on watch for a recovery from recent lows)