Blue Horseshoe Stocks: Reviewing Friday’s Picks & More

Recapping Friday’s Options Ideas

We made it a point to pass along a handful of quick-strike options ideas on Friday. We mentioned the high-risk, high-reward nature of trading weekly contracts on a Friday, and we certainly were rewarded as every single idea we formulated bore fruit, to varying degrees.

Here’s a breakdown of the prime possibilities for profit that we observed:

Netflix, Inc. NFLX – The rather broad range we provided for NFLX were Weekly $595-612.50 Calls, and every set of contracts in that range made highly impressive moves:

$595 Calls – Daily Range: 6.58-23.00 – Max Gain: 250%
$597.50 Calls – Daily Range: 5.30-20.67 – Max Gain: 290%
$600 Calls – Daily Range: 3.63-18.02 – Max Gain: 396%
$602.50 Calls – Daily Range: 2.80-15.45 – Max Gain: 452%
$605 Calls – Daily Range: 1.10-12.82 – Max Gain: 1065%
$607.50 Calls – Daily Range: 1.00-10.62  – Max Gain: 962%
$610 Calls – Daily Range: .80-8.17 – Max Gain: 921%
$612.50 Calls – Daily Range: .53-5.54 – Max Gain: 945%

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Apple, Inc. AAPL – Our idea for AAPL was the Weekly $128 and $129 Calls, and a relatively volatile outing brought several significant swing-trade opportunities in each:

$128 Calls started out by first trading from an early low of 1.06 to 1.58 (+49%). It then pulled back to find support at .53 before taking off again to hit .99 (+86%). That swing was followed another ranging from .43-.92 (114%), and then by a final dip to .53 and run back to .81 (+53).

$129 Calls traded with similar action; four distinct swings of  53%, 134%, 167% and 300% occurred during the session.
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Petroleo Brasiliero S.A. (Petrobras) PBR – The PBR Weekly $10 Calls that we tagged for observation made a monster move from .03-.20, yielding the chance at gains of up to 566%

The stock is gapping up in the premarket today, so we’re going to continue keep our eyes on PBR. Our interest to start out the week will be in the Weekly $10 and 10.50 Calls for potential daytrade swing-trade opportunities.

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Huge congratulations go out to any of our followers that were able to bank some hefty gains off of Friday’s excellent options ideas!


Pazoo, Inc. PZOO

We’re touching base with PZOO this morning to update our readers on what the stock has been up to lately. Many of you will recall the monumental April this stock had; we initiated coverage on April 1st, and PZOO essentially spent the entire month on an uptrend. The total range we observed over the course of the month went from .0049 to .0204, which amounted to an epic 316% swing.

We put the stock on the back burner this month as it consolidated off of those impressive highs, and we want to rehash our interest in this play now that it appears to be headed toward its next leg-up. We’d also suggest that folks check out the PR released by the company on Friday, which alludes to its partner’s ribbon-cutting on the Nevada medical marijuana testing facility that we’ve been anticipating.

We’ve prepared a video outlining the key aspects of the PZOO Chart:
CLICK TO VIEW VIDEO CHART


MagneGas Corp. MNGA

We also want to pat ourselves on the back for a timely call of MNGA on Friday. We caught the news release highlighting the company’s contract with the US Navy, and it was enough to send the stock on a respectable intraday rip.

MNGA traded in a daily range from 1.08-1.48, which represented a healthy increase of 37% The move occurred on over 17X the 3-month average trading volume, and the stock closed just under the high of day, so we’ll be interested to see how the action unfolds as we kick off a new trading week today.


Extended Watchlist:
SGYP, PTBI, PSTI, DRRX, OSUR, ANN

Blue Horseshoe Stocks: APP, Social Media Updates & More

American Apparel, Inc. APP

As tends to happen each year, we’ve honed back in on APP at an opportune time. After seeing a low of .51 as recently as June 24th, this past Thursday saw this stock push past the dollar-mark. After another solid session on Friday wherein the stock reached as high as a 1.20, it appears as if APP wants to gap up once again this morning, touching 1.27 in pre-market trading. At that price, we’ve seen an overall move of 149% from this play in just three weeks.

There’s a chance that we could see a slight consolidation to fill the gap on the chart left on Friday (1.05-1.08) in which case we’d need to see APP hold support at or above the 1.05-mark. The chart still appears ripe, however, so it will interesting to see how this play kicks off a new trading week.


Twitter, Inc. TWTR
& Facebook, Inc. FB

Social media giants TWTR and FB began to heat up last week, as anticipation of upcoming earning releases has ramped up, and both stocks seem to be gapping up in early trading this morning. We’ve done very well for ourselves trading options contracts on each of these plays, and will be looking for more of the same as these current uptrends play out.

As far as TWTR is concerned, the next key resistance is sitting at 42.50, and our current scope of interest in Call options rests in the $39-$41 range. Should TWTR gain further ground as trading opens up for the week, those contracts could see an appreciable rise in value in just a short time. (Earnings Release Date: 07/29)

FB’s key area of resistance is around 68.50, and we’re interested in Calls at the $67-69 level. FB earnings will come sooner that TWTR’s by almost a week, with the announcement just 9 days away, so we’ll really want to keep a close eye on the action here. (Earnings Release Date: 07/23)


Solar Wind Energy Tower, Inc. SWET

SWET first appeared in our reports on June 13th, at which time we designated it a stock that was due for a pop, and that’s exactly what we got out of it. The stock rushed upward from our observed low of .0185 to hit .032 (+73%) a week ago. After a slight consolidation and finding of support at .0226, the stock has begun to inch up toward the .03-mark once again. To get there, we’ll need to see a break of resistance at Friday’s swing high of .0291.

This morning’s news could be of help, with the announcement of up to $100M in additional funding hitting press wires:

Solar Wind Energy Tower, Inc. Agrees to Accept up to $100 Million Additional Financing from Arizona Alternative Energy Center, LLC for San Luis, Arizona Tower


Extended Watchlist:
IMII, KNDI, PGNX, EXEL, JDST, WPCS, CREG, PSTI, ISR

Blue Horseshoe Stocks: FRTD, CBGI

Fortitude Group, Inc. FRTD

FRTD is a recent success story that we wanted to share, having afforded us sizable gains over a short time frame. We brought FRTD to our reports for the first time on February 25th, and on that day, were given the chance at up to 122% in intraday gains when the stock ran from its low of .0081 up to a high of .018.

We stayed hot on its trail the following day, and were rewarded with another pop, this time, a 65% rip from .0151 to .0249.

The next session was spent under healthy consolidation, leading us up to last Friday, when FRTD turned itself around and began climbing again, posting higher lows and higher highs for the next three sessions.

FRTD continued its ascent yesterday, reaching a new high of .03, which, from our initial alert low (.0081) from just over a week ago, marked an overall rise of 270%

We’re going to continue to monitor FRTD heavily and we head into the week’s end, because as you can see on the chart below, a Golden Cross has just occurred, and we’re well aware that this formation often contributes to breakout conditions.


Cannabusiness Group, Inc. CBGI

We added CBGI to our marijuana stock watchlist on Monday, and on that day, we saw an intraday run from .0321-.042 with a max-gain opportunity of 31%

We still have CBGI on high alert today for two reasons. First, the exciting, untraded-upon PR of which you’ll find a snippet below, outlining the acquisition of land with the intent of setting up a medical marijuana grow-operation in California. Additionally, the CBGI chart is heading straight for a Golden Cross, so this is definitely a stock that will hold our attention as we go forward.

LONDON, March 6, 2014 /PRNewswire via COMTEX/ — The CannaBusiness Group, Inc. (OTC: CBGI) Mission Viejo, Ca. March 6, 2014, acquires commercial property or land, they lease out the facilities for Agricultural, Industrial, Commercial and Retail, while managing the properties that it has acquired and leased out. http://www.thecannabusinessgroup.com

The facility has a tenant that is a state licensed California medical marijuana cultivator. The land is 17.3 Acres located in Northern California with its own water source which has never been without water. The property is being purchased for $275,000 with restricted common stock and cash.>> FULL PR


Extended Watchlist:
PXLW, PSTI, BORN, PPHM, DRYS, NEON, ERII, FREE, ZBB