Blue Horseshoe Stocks: PLKD Recap, Options Idea & More

Pleasant Kids, Inc. PLKD 

PLKD was far and away the best among all of the stocks we talked about in yesterday’s premarket report. We’d mentioned the fact that the stock had been on a very steady run-up since our first alert came roughly six weeks prior, on October 13th. Up until yesterday, the total observed move we witnessed in PLKD was an impressive 380% swing from .0581- .279.

Despite being up so high already we pointed out the bullishness of various aspects of the chart, specifically stating that we believed further gains were possible. Our hunch proved accurate, and once again PLKD made another nice move to the upside! From its daily low of .295 the stock pressed upward to reach .375; a healthy 27% intraday increase. That stretched our overall range to a monstrous 545% in a span of just six weeks!


MarkWest Energy Partners, L.P.  MWE – Options Idea

MWE caught our eye yesterday morning after we noticed that the stock had not only strung together multiple sessions of higher highs and higher lows, but it had breached its 50DMA during Friday’s short session. Continued bullish signals were confirmed yesterday with another solid session that carried MWE to a high of 48.21.

We’ve had enough of simply watching from the sidelines, so we thought we’d formulate an idea to take advantage of the trend using the MWE options chain. Instead of one of our characteristic weekly expiration targets, which the MWE chain does not provide, we’re going to stretch things out a bit to the MWE 12/18 $50 Calls.  This gives us an extra couple of weeks to work with and increases the likelihood of seeing some substantial moves if the stock is sluggish in testing the $50-mark.


SpectraSCIENCE, Inc. SCIE

SCIE is a play that we tagged for observation last week, and we wanted to take an opportunity this morning to update readers on the solid performance the stock has put forth.

Yesterday’s session produced chances at up to 94% in profits as SCIE ran from .0018 to .0035. Subsequent to our mention of SCIE just prior to the holiday break last week we saw a low .0013, which balloons the total move we’ve seen out of this stock in just a week to a highly respectable 169%


Extended Watchlist:
VRSZ, EGYF, GTHP, KWBT, TERP, AEZS

Blue Horseshoe Stocks: CAPV & CDNL’s Explosive Moves & More

Cabo Verde Capital, Inc. CAPV
It’s only taken CAPV two sessions since we alerted the stock on Friday to reach superstar status. Even after offering up gains of more than 320% following its appearance in our premarket report on Friday, the stock wasn’t finished.

We issued a reminder in yesterday’s premarket report that despite having already made a big move, the stock was still a prime candidate to continue its momentum. What actually happened was more akin to another explosion, as CAPV ran from an early low of .0205 to an astonishing high of .077 on roughly seven times its 30-day average volume.

It goes down in the log as an intraday run of 276% and stretches the overall move we’ve observed in only two sessions to a whopping 1183%

We’ll remain interested in CAPV for its potential intraday swing capability provided it continues to maintain higher levels of support.


Cardinal Resources, Inc. CDNL

The other big winner yesterday was CDNL which we began tracking heavily on Tuesday of last week. By Friday, it had amassed six consecutive sessions of logging higher lows, and made a run from our witnessed low of .0057 to .0245; a 330% swing.

Like the aforementioned play, we reminded readers in yesterday’s newsletter that  CDNL could very well continue its own momentum into this week, and were very pleased with the results.

The stock surged from a morning low of .0233 and went on to hit .06. It marked an intraday pop of 158% and a total increase of 953% over the low we observed last Tuesday. A huge congratulations goes out to any of our readers who were tracking these stocks along with us in recent sessions, and were able to take advantage of these insanely monstrous moves.


More Momentum Movers

Speaking of momentum plays with which we’ve been familiar in the past, we have yet another pair of stocks to re-mention this morning.

AEterna Zentaris, Inc. AEZS

AEZS logged its new 52-week low on Friday and immediately began to bounce back. It then followed that up with a huge day to kick off the week yesterday, so between that and the fact that it traded record volume, we need to put this play on close watch. The stock has traded as high as 11.50 in premarket trading today, and we’ll look for it to hold support at or above the channel between the 50DMA of 6.69 and recent swing-high around 7.50 on any pullbacks.

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Magnum Hunter Resorces Corp. MHRC

We introduced MHRC last Monday as a potential recovery play, and it has steadily advanced on the chart in the six sessions since that alert. We saw the stock trading at .021 that first day, and yesterday it had reached as high as .0415; a 98% swing in a single week.

It serves as a great example of why we’re constantly looking for stocks rebounding off of their 52-week lows, and up to this point MHRC has been a textbook play in that regard.


Extended Watchlist:
AXXE, CDII, EGYF, SCIE, NXGA,

Blue Horseshoe Stocks: Reviewing Friday’s Big Winners & More

Friday’s Big Winners

We enjoyed a spectacular session on Friday, with quite a few of the stocks we flagged in our premarket report posting impressive intraday gains.

Cabo Verde Capital, Inc. CAPV

Chief among the big movers we were tracking was CAPV, which made an epic run from subpenny territory well into pennyland on more than 25-times its average monthly volume.

The stock broke out from an early low of .006 to touch .028, a hearty 324% swing. CAPV also managed to maintain more than 50% of its daily advance, and coupled with the level of volume we’ve witnessed, we’ll need to keep a spot on our radar screens reserved for this play for the possibility of a momentum carryover.

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Cardinal Resources, Inc. CDNL

Speaking of momentum movers, we began tracking CDNL closely starting with our morning report on Tuesday, after which time we observed a low of .0057. Subsequent to that, the stock has pressed higher in each of the ensuing four sessions leading up to a massive new high on Friday.

From a daily low of .015 it surged to a high of .0245, marking a 63% intraday rip, and an overall swing of 330% above our observed low on Tuesday. CDNL also closed with strength at .023 and thus will remain on our watchlist for the time being.

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Brownie’s Marine Group, Inc. BWMG

Additionally, we included BWMG on Friday’s Extended Watchlist, and were rewarded with a heck of a daily swing from this subpenny stock.

It traded in a range from .0034, and ran into the close to end the session at its high-of-day of .0075. That presented traders with the chance to bag up to 120% profit.


Home Depot, Inc. HD – Options Recap

Now, we’ll take an opportunity to review Friday’s action in a couple of options ideas that we identified on Wednesday as being high-potential, provided HD could continue its bullish push. The Weekly $127 and $128 Calls were our proposed targets, and the nice move HD itself made on Friday facilitated some huge chances for gain in our targeted contracts.

The $127 Calls ran from .65-2.88 for a nice 343% jump, which actually paled in comparison to the $128’s. Those exploded from .08 to 1.99- good for a mind-numbing 2387% single-session run!

We’ve actually had higher one-day percentage gains from a few other options ideas we’ve formulated this year, but this will certainly go down in the books as one of the biggest.


TerraForm Power, Inc. TERP

We also took notice of TERP after it had a big late-day run on Friday, followed by some after-hours Form-4 filings. We’re going to signal this one as a potential extended-term recovery play. We’ll need to see it continue to establish higher levels of support off of the new 52-week lows it registered on Thursday.


Extended Watchlist:
BTFL, ELED, SCIE, VAPE