Blue Horseshoe Stocks: Reviewing a Monster Monday

Monday’s Huge Winners

We kicked off the week in grand fashion yesterday, with what was easily the most successful single session for stocks we’ve had so far in 2016. We had an incredible three picks, all energy-related stocks, make gains of at least a hundred percent concurrent with the continued bolstering of oil prices.

SandRidge Energy, Inc. SDOC

We continued to track SDOC yesterday, after our mention in Friday’s premarket report netted a chance at up to 35% in intraday gains (.05-0674), and the surge was sustained and multiplied. After gapping up to open at .075, the stock bulled its way to an afternoon high of .154, for a solid double-bagger (105%).

From our observed low of a nickel on Friday, yesterday’s high marked a two-session swing of 208%

______

Penn Virginia Corp. PVAH

Undoubtedly our top-gaining pick of the day, PVAH was off to the races promptly at the open.

It was a pleasure to watch as it spent the entire session in beast-mode, ramping its way up from .112 to .38 on immense volume! That’s an increase of 239% on the day, so big cheers go out to any of our readers who were able to take advantage of this gem!

______

Goodrich Petroleum Corp. GDPM

GDPM came up big as well with an excellent intraday run, while managing to hold a majority of its daily advances into the close.

It started out with a rip from .0875-.1998, an intraday move of 128%, and came in at .174 at the closing bell, finishing the day on roughly 5x its 3-month average volume.

______

Linn Co. LLC (LNCO)

While LNCO didn’t crack the double-bag threshold, it certainly had a solid session and came close. The stock traded in a range from .95-1.70, offering up intraday gains if up to 79%

______

Breightburn Energy Partners, Inc. BBEP

BBEP also put forth a modest, yet respectable performance, rounding out our group of gainers for the day with a run from .80-1.25. That gave folks a shot at gains as high as 56% on the day.


Options Ideas

We’re also going to go ahead and formulate a couple of options trading ideas this morning- one long, and one short:

Urban Outfitters, Inc. URBN – Weekly $29-32 Calls  

Shake Shack, Inc. SHAK –  Weekly $40-37.50 Puts


Extended Watchlist:
AXPW, PPCH, BLKG, TPLM, EGLE, SBGL, SKLN(Possible Rebound Play)

Blue Horseshoe Stocks: SHRK Recap, Options Updates & More

SharkReach, Inc. SHRK

Our alert to our readers yesterday morning on the situation surrounding SHRK was absolutely spot-on. We tagged it as a momentum-mover and explained that we’d be on the lookout for an early dip followed by another run like the one that occurred the previous day.

Events played out exactly as we ascertained, with the sleight dip to the daily low of .30 occurring first thing in the morning followed by a rebound and an impressive run to a high of .66 toward the end of the session.  It marked an intraday upswing of 120% and occurred on well over five times the 30-day average volume, with the close coming in just four cents below the high-of-day.

We’ll remain interested in SHRK as long as it continues to build higher base levels of support moving forward.


Facebook, Inc. FB – Options Update

Yesterday morning, our notion that FB was in line for a significant tumble proved to be the right idea. We signaled a range of both short and intermediate term options contracts to correspond  with our bearish feelings on the stock, and every single target yielded the chance for premium intraday gains.

Our short term range included the Weekly $113-110 Puts and the longer-term idea was concerning the Feb 19th $109-105 Puts. Here’s a breakdown of the kinds of gains that were made possible by our timely alert.

Weeklies:

$113 Puts – Trading Range: 1.85-3.91  – Max Gain: 111%
$112 Puts – Trading Range: 1.27-3.15 – Max Gain: 148%
$111 Puts – Trading Range: .93-2.41 – Max Gain: 159%
$110 Puts – Trading Range: .47-1.91  – Max Gain: 306%

02/19 Expiration:

$109 Calls– Trading Range: 1.98-3.13 – Max Gain: 58%
$108 Calls – Trading Range: 1.67-2.76 – Max Gain: 65%
$107 Calls – Trading Range: 1.27-2.33 – Max Gain: 83%
$106 Calls – Trading Range: .99-2.00 – Max Gain: 102%
$105 Calls – Trading Range: .91-1.71 – Max Gain: 88%

We can expect to see further moves out of the these contracts as FB is down even further in the premarket this morning.

Bonus Idea: To close out the week we’ll also have our eyes on Weekly LNKD $140-125 Puts. Despite an earnings beat, reduced guidance is leading to a premarket backslide for LinkedIn.


Now Corp. NWPN

We also want to quickly congratulate any of our readers who may have caught our tag of NWPN in Wednesday morning’s premarket report. Our observed low on that day was .002, and as of yesterday’s impressive new high of .007, we had witnessed a two-day swing totaling 250%


Extended Watchlist:
ICNV, CLOW, PPCH, MXSG

Blue Horseshoe Stocks: News Play, MHRC Recap & More

Magnum Hunter Resources Corp. MHRC
In yesterday’s premarket publication, we went over several momentum plays that have been very good to us in recent sessions, and among those was MHRC. We tagged this one last Monday (11/16)just a couple of sessions after it registered a new annual low.

From there the stock has built one heck of a recovery, and after a bangup intraday performance yesterday, it managed to press to new highs yet again. The intraday move on MHRC was from a low of .037 to .074, which comes out to an even 100%, and that high represents a total increase of 252% over our observed low of .021.

As we pointed out in a previous mention of this stock, there are a couple of gaps on the chart, the filling of which would mean more big moves to the upside. They sit at .08-.15, and beyond that, from .19-.26. The filling of the first gap would spell the chance for yet another double-bagger, so we’ll be sure to leave this play on our radar.


AgriEuro Corp. EURI

Speaking of momentum movers, we want to take this opportunity to recap the performance of another stock that we tagged for observation in our report on Monday the 16th. On that day, we caught the stock at a low of .381, and it has been smooth sailing ever since. EURI has recorded higher highs and higher lows every single day, culminating in an impressive new high of 2.00 yesterday.

That incredible move works out to total possible gains of up to 425% for anyone who caught our initial alert just seven sessions ago. Cheers to those who took advantage!


First Choice Heathcare Solutions, Inc. FCHS

Catching our eye toward the end of the day yesterday was FCHS. The stock made a nice intraday move from .73 and ran into the close at .98 on heavy volume.

That action alone would generally be enough for us to place a stock on watch for a possible continuation of momentum, but the company sweetened the pot even further with a post-market reveal of some promising guidance through 2016.

FCHS figures to be a stock that we track over an extended period, so now is the time to familiarize ourselves with its characteristics. To that end, we recorded a video of the chart this morning to point out some of the technical highlights, and would suggest our readers take a few minutes to check it out:

( Please Note: In the video, Stock Sumo gives the former company name, “Medical Billing Assistance Inc.” as it is still listed this way on StockCharts.com. First Choice Healthcare Solutions, Inc. is the correct and current billing.)

PRESS LINKS:


Pfizer, Inc. PFE Options Idea

We’ve noticed that PFE is rebounding off of a recent relative low on the chart, and this morning the stock is gapping up considerably in defiance of a less-than-ideal PR alluding to disappointing top-line results from late-stage studies of the drug Lyrica. We’re going to monitor a quick options idea to correspond with this activity, specifically, the PFE Weekly $31-32.50 Calls.


Extended Watchlist:
BIEI, FDBL, HPTG, PPCH, ICLD, VLTC, SUNE, BONT