Tag: RPI

Blue Horseshoe Stocks: Recapping RPI & JNUG

Roberts Realty Investors, Inc. RPI

RPI was a standout from yesterday’s extended watchlist; it began the day trading at an early low of .86 before gradually building throughout the session to a high of 1.16. The move marked the chance at up to 38% in intraday gains for us, and came on substantial volume to the tune of 36X the 3-month average.

The move came following a PR on Wednesday that iterated the details of a purchase agreement with A-III Investment Partners LLC, whereby the company intends to purchase $12M worth of RPI, giving a tentative execution price estimate of 1.40/share. >>> Full PR

For that reason, we will allow RPI to remain on our watchlist for the time being. A move to the figure mentioned in Wednesday’s PR would mean added gains of more than 35% from the present level.

Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG)

JNUG continued to perform well for us following its inclusion in yesterday’s report, making a modest yet notable 13% intraday move from a low of 4.86 and peaking at 5.50. This ETF has offered us the chance at several swing trade opportunities in the weeks since we first began tracking it in October, and like we said yesterday, will remain of interest as we approach a time of year when worldwide gold demand is generally at a high level.

We’re seeing a significant gap-up this morning as well into the 5.80-range. The recent low we’ve seen from JNUG came on November 5th at 2.84, meaning that in a span of just over two weeks, we’ve already witnessed a greater-than 100% increase.

Extended Watchlist:
JRJC, AMZN, FB, GPRO, PBR

Blue Horseshoe Stocks: Momentum Mover & More

True 2 Beauty, Inc. TRTB

TRTB is a momentum play that caught our attention when it began to break out during yesterday’s session. The characteristics of this high-flyer have us on alert for the possibility of continued upward movement, and a subsequent dip-and-rip situation. The stock has a low float, and as we know, that type of structure can give way to surges in buying pressure such as those that are fed by heavy momentum.

This stock virtually exploded yesterday, so it’s going to be very interesting to see how trading action resumes today. With such rapid movement, it wouldn’t be surprising to see significant bounce opportunities once it pulls back from these monstrous initial gains and begins to rebound.

Side Note: TRTB was actually tied to another stock that has appeared in our reports, APDN. Last month the two companies announced a collaboration agreement to develop a DNA-based authentication solution (Read Joint PR)  A quick tag search for APDN on our blog shows that we began tracking this stock years ago, going all the way back to the summer of 2012 when the stock was trading below .10. The company just completed an uplisting to the NASDAQ, and is currently trading in the 2.70-range.

Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG)

We’ve been continuously tracking JNUG for several weeks now; on Tuesday, after tagging the play in our extended watchlist, we witnessed a 15% increase from 5.29-6.09.

Yesterday brought forth a consolidation to a morning low of 4.83, and a subsequent intraday snap-back to 5.80 (+20%) and then continued to consolidate into the close, and this morning it appears to be gapping up above the $5-mark.

We’ll be keeping a close eye on JNUG moving forward; despite the dollar being at 5-year highs, supply and demand still play a large role in gold price action, and from October-January with the Indian Celebration of Diwali and Chinese New Year coming up, demand for gold will be pushed to high levels.

Extended Watchlist:
NVAX, MAGS, ANV, IAG, RPI