Tag: PSTI

Blue Horseshoe Stocks: MRTX Recap & More

 Mirati Therapeutics, Inc. MRTX

After reporting positive cancer trial results on Friday, we talked about MRTX being poised for a big move and we weren’t incorrect.

The stock exploded out of the gate right from the outset, and traded in an impressive range from 9.15 to 12.40 early on in the day. That was good for a 35% intraday run- excellent for a $9+ stock. This is the third time in as many weeks we’ve called a stock that was approaching the ten dollar range and saw it gain more than a third in value in a single session.

Not only did MRTX trade up big on many times more thanits average volume, but it managed to maintain well over half of its daily advance, so we’ll be interested to continue monitoring its activity as we kick off a fresh trading week.

Iconic Brands, Inc. ICNB

We want to place ICNB on bottom-watch after taking a look at the recent history of the chart. This stock exhibits some really nice volatility and is coming down off of a significant spike.

When it finds support and rebounds, we could see a notable swing trade opportunity. The last such swing took the stock from the .003 range to .014.

The company recently announced its brand of Prosecco endorsed by former supermodel Christie Brinkley would be carried by Publix stores, so we’ll also be looking for further updates on that part of the story as well.

Pluristem Therapeutics, Inc. PSTI

We tagged PSTI for observation roughly a month ago, and have since seen a moderate move up on the chart, and will want to continue monitoring the situation.

The run the stock has made thus far is a marginal 27%, but things this morning have taken an interesting turn as the company announced the FDA granted fast track status to one of its treatments.

Extended Watchlist:
RAD, ADYN, NBRV, ARWR, PTIE, BIOA, MBOT, TRXC, COGT

Blue Horseshoe Stocks: IDXG Recap & More

Interpace Diagnostics Group, Inc. IDXG

Prior to yesterday morning’s report, we last mentioned IDXG last Thursday, and the stock has made quite a nice upswing from between then and now. We witnessed a low of .72 in IDXG subsequent to our alert last week. Yesterday’s session carried the stock from .8825-1.13, for an intraday push of 28% and a total move off of last week’s lows amounting to 57%

This morning in premarket trading IDXG reached yet another new high at 1.28 extending our total observed range in under a week to 78% We’ll look for IDXG to continue to register higher highs and higher lows and put together a more sustained rebound.

 Urban Outfitters– Options Idea

It’s been over a year since our last options idea for the URBN chain, which incidentally yielded multi-bag profit opportunities.

We’re going to come back to URBN this morning on the heels of the company’s post-market earnings report,the effects of which have boosted the stock considerably here in the premarket.

We’re going to play it the way we normally do in these instances where an earnings beat causes a rapid gap-up, and be on the lookout for a dip-and-rip pattern. We’ll be tracking the activity in the URBN Weekly $19-20.50 Calls.

Extended Watchlist:
RADA, PSTI, DXTR, IMMY, BITCF, BTSC, BSTC, GAHC, ZRZH

Blue Horseshoe Stocks: CRGP, Options Recaps & More

Calissio Resources Group, Inc. CRGP

First up this morning is a stock that we called in Friday’s extended watchlist The volatility in CRGP was an excellent target for flippers on Friday, with the stock coming out with a nice initial intraday run before following it up with a couple of subsequent bounces.

It began from a morning low of .0043 from which point CRGP rattled off its first swing up to the high-of-day at .0067; a nice 56% surge. After pulling back to .0045, it ran promptly back to .006 adding another 33% pop. It finished up with a dip back to .005 and 20% run-back to .006.

In total, CRGP’s session produced cumulative gains on the order of 109%, fueled by the news that the company had completed a $14.6M sale of its Mexican copper mine >> READ PR

Inotek Pharmaceutical Corp. ITEK

We tagged ITEK in Thursday’s premarket report, after noticing some FDA-related news hitting the wires, and during that session we would witness a low of 7.66 before the stock took off on an impressive tear that bled into Friday’s trading as well.

On Friday, the momentum carried the stock to a new high of 19.45, which registered as an overnight increase of 154%, so we want to send our congratulations to those of our readers who caught our report and cashed in on that impressive move!

Friday’s Winning Options Ideas

The big winners among the options ideas that we submitted in Friday morning’s report turned out to be the FB Weekly $96-50-97.50 Calls . Every one of the contracts in the range we specified turned up chances at impressive profits. Here’s a breakdown of the gains that were made possible by our timely alert.

The $96.50 Calls came out of the gate with a nice initial 108% move of from .65-1.35. That was followed up by a significant pullback to its daily low of .07 before running hard back to .58; an incredible 728% surge.

The $97 Calls produced similar action, with their first run taking them from .37-.96 (+159%), followed by a dip back to a penny before reaching back to a dime. That second move, like the previously mentioned contracts, was far more pronounced, coming in at a whopping  900%

The 97.50’s did make a move from .22-.52, an intraday gain of 136%, however they ended up too far out of the money to see a second run like the aforementioned plays. Still, their performance was nothing to sneeze at; any way you slice it, our FB Options ideas from Friday were a huge success!

Extended Watchlist:
MNOV (FDA Approval News), OGXI, XUE, SVLC, GDP, PSTI, VLTC