Blue Horseshoe Stocks: PVSP Update, PLUG News & More

Pervasip Corp. PVSP

For the second consecutive session, PVSP made higher highs and higher lows yesterday. We re-focused on this old favorite at the end of last week, and caught it trading at a low of .0014. After a solid session to close out the holiday-shortened week, we once again included it in our premarket report yesterday, and the stock kicked this week off on a strong note as well.

We observed a trading range from .0015 to .0021, a 40% intraday push, and an overall range of 50% over our observed low from Thursday.

The heathly activity on the chart can be attributed in part to last week’s acquisition news; PVSP now holds, through its newly-acquired subsidiary, a 60% stake in Denver-based distribution company servicing the hydroponic and indoor cannabis grow market>> Read PR


Plug Power, Inc. PLUG

Speaking of old favorites, PLUG has published a PR today which is standing out among this morning’s top news items, with a very promising announcement of their Q2 figures. Perhaps one of the most notable aspects; the company shipped more than twice as many of its GenDrive fuel cell units as it did in the previous quarter.

This news comes at an opportune time, with the stock having been undergoing a recent downtrend which culminated in the logging of a new 52-week low yesterday. We’re anxious to follow the activity after what is looking like a significant gap-up this morning, in what could turn into a noteworthy rebound-play.

LATHAM, N.Y., July 7, 2015 (GLOBE NEWSWIRE) — Plug Power Inc. (PLUG), a leader in providing clean, reliable energy solutions, today highlighted strong fuel cell and hydrogen infrastructure shipments and installations in the second quarter of 2015 allowing for a record revenue quarter. The company is on track to achieve its previously announced 2015 financial targets. >> FULL PR


Prima BioMed, Ltd. PBMD

Also cropping up on our news scanner this morning is PBMD. It’s no secret that we’ve had an exceptional amount of success with various pharma plays this year, and this could be the next entry into that group.

This morning’s news suggests that the company’s flagship product, a metastatic breast cancer treatment, could be on the path to approval for European markets. The stock is trading at its lowest price since May.

SYDNEY, AUSTRALIA–(Marketwired – Jul 7, 2015) – Prima BioMed Ltd (ASX: PRR) (NASDAQ: PBMD) (“Prima” or the “Company”), a leading immuno-oncology company, is pleased to announce that it has received positive Scientific Advice from the European Medicines Agency (“EMA” or the “Agency”) on the development path for its lead product, IMP321 in metastatic breast cancer. >> FULL PR


Extended Watchlist:
ORMP, JDST, MDBX, KALO(Bottom-Watch), OCFN (Possible Momentum-Play)

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:
AVEO, VICL, CDTI, XGTI, OHGI

Blue Horseshoe Stocks: ATNM Recap & More

Actinium Pharmaceuticals, Inc. ATNM

In the midst of what has begun as a relatively slow short week, ATNM has stood out as a solid play. We tagged this stock for observation in last Thursday’s report, and the subsequent move has been quite noteworthy.

Entering into the holiday weekend, we had witnessed a low of 2.78, and yesterday the stock jumped to a new high of 4.34. Considering it took just three sessions for the pick to provide, that 56% swing is quite significant.

ATMN is among a wide array of companies that will be appearing at this year’s Marcum Microcap Conference in NYC  For those unable to attend the company will be providing a live webcast of its presentation (05/28 @ 10:30am Eastern) Read the news release for details  >>> VIEW PR


PlasmaTech Biopharma, Inc. PTBI

Speaking of companies presenting at the upcoming Marcum Microcap Conference whose stocks have recently featured in our reports, we’re turning our attention back to PTBI this morning.

We followed the stock to a nice gain opportunity early last week (+35%), and after an interim period of consolidation, we’re seeing a sizable gap-up occurring in this morning’s premarket activity.

As you can see on the chart, PTBI has built toward what is known as a Bullish Flag, which can be an indicator of more gains ahead. We’ll look for the stock to hold support above yesterday’s swing low (8.55) in order to maintain the trend.


Extended Watchlist:
PLUG, SPHS, EOX, OPXA, OXGN, HYGS, CBLI

Blue Horseshoe Stocks: PZOO Recap & More

Pazoo, Inc. PZOO

Our timing in re-alerting our readers to PZOO’s prime positioning in yesterday’s premarket report was absolutely spot-on. The stock had finally found and bounced off of a solid level of support in the prior session, and yesterday’s trading range provided a great chance for traders to make a solid buck.

From an early low of a penny, the needle was pointing up all day as PZOO ran into the end of the session, hitting .0136 for an intraday gain of 36% The stock closed just two ticks below its high of day (.0134) and logged a trading volume of nearly double the 3-month average.

Anytime we see a momentous daily performance like that, we’re always on the lookout for residual gains in following sessions.

We also want to remind our readers that today is the start of the a 4th Annual Marijuana Business Conference and Expo in Chicago, at which PZOO has secured a booth. It’s currently the country’s largest cannabis trade show, and runs from today through Thursday, with most of the activities kicking off tomorrow..

*We know that we have quite a few subscribers in the Greater Chicagoland Area, so we’d suggest going over to the conference at the Chicago Hilton to visit with Pazoo’s reps. The first 200 people to stop at the booth will receive a free custom t-shirt. >> Official PR


Plug Power, Inc. PLUG

We re-tagged PLUG, an old favorite, in our morning report from a week ago today. At the time, we saw a marginal gain from 2.48-2.73, and after spending another few sessions under an overall consolidation, PLUG found support yesterday at 2.53 where it began to rebound. In the premarket today the stock has traded as high 2.80.

We’re going to extend an options idea for PLUG that is significantly long-term; the September 18th $3.00 Calls (Last Traded: .19) could be in line to provide us with a solid opportunity/opportunities in the weeks and months ahead.


OraSure Technologies, Inc. OSUR

We also wanted to remind our readers of another timely alert we entered into the mix in yesterday’s report. OSUR traded in a range from 6.40 to 7.59, a respectable 19% increase.

Today the stock has surpassed that high in the premarket, running as high as 8.00, which extends the total overnight gain we’ve seen so far to 25% We’re going be watching for OSUR to possibly continue this run on the heel of some joint press with Walgreens this morning.


Potential Momentum Plays

Here we’ve got a couple of ‘momo-plays’ (one of which with a fresh PR out this morning) that we’re going to be keeping an eye on today:

Enviro-Serv, Inc. EVSV

NOHO, Inc. DRNK


Extended Watchlist:
MNGA, MKND, EGI, TRQ, JDST, GIGA

Blue Horseshoe Stocks: Winning TSLA Calls, VGGL Recap & More

Tesla Motors, Inc. TSLA – Options

On Friday we mentioned some longer-term options-trading ideas for TSLA Calls, and it didn’t take more than a couple trading days for them to bear fruit.

As our regular readers are aware by now, we often like to monitor an entire range of strike prices following a key development, and TSLA’s earnings release last midweek provided the fuel for our success in this case. We pointed to 05/22 $230-240 Calls, and every set of contracts in that range made a sizable run from their lows on Friday to impressive highs during yesterday’s session. Here’s a breakdown of their performances:

$230 Calls  – Friday’s Low: 6.85 – Yesterday’s High: 13.50 (Closed: 10.30) – Max Gain: 97%

$232.50 Calls  – Friday’s Low: 5.32 – Yesterday’s High: 11.25 (Closed: 8.65) – Max Gain: 111%

$235 Calls  – Friday’s Low: 5.96 – Yesterday’s High: 10.60 (Closed: 8.70) – Max Gain: 78%

$237.50 Calls  – Friday’s Low: 3.16 – Yesterday’s High: 7.60 (Closed: 5.00) – Max Gain: 140%

$240 Calls  – Friday’s Low: 3.84 – Yesterday’s High: 7.50 (Closed: 5.75) – Max Gain: 95%

We are pleased with the progress we’ve seen thus far in these contracts, and we’re interested to see what the next nine trading days will bring leading up to their expiration.


Viggle, Inc. VGGL

Our next order of business this morning is to point out the solid move made by VGGL after we included the stock in yesterday morning’s extended watchlist. Catalyzed by favorable quarterly results (link below), it traded in a range from 3.00 to 4.24; a very respectable intraday move of 41%.

The spike came on roughly 25X the 3-month average volume and VGGL managed to close in the mid-3.70′s, holding the majority of its daily gains. Whenever we see a confluence of these two phenomena, we always want to keep our eyes peeled for a carryover of momentum into subsequent sessions.

52% Year-over-Year Revenue Growth and 116% Increase in Net Registered Users as Viggle Celebrates Its Three-Year Anniversary (Mon, May 11)


Plug Power, Inc. PLUG

Our longer-term subscribers might remember the epic run we tracked in PLUG when we caught the stock coming off its all-time lows near a dime back in 2013. The lowest price we observed following our initiation of coverage on this play was .135 on 02/28/13. It led us on a long and exciting journey to a high of 11.72 nearly a year later, and from then on has held a spot on our list of all-time best calls.

More recently, in 2015, PLUG has been on an overall downtrend that carried the stock to new annual low of 2.32. Yesterday, we observed PLUG coming up off of those lows and hitting a high of 2.65, so we’re going to re-radar this as a potential recovery play. If it can crack through the 50DMA of 2.66, we could be in line to see a more sustained uptrend.

We’ve illustrated the key resistance points on the following chart snapshot:


Extended Watchlist:
THLD, OCN, SPPI, INO, FRO