Tag: SDRL

Blue Horseshoe Stocks: Multiple Winners & More

Marathon Patent Group, Inc. MARA

We initially brought MARA into the fold on Thursday morning, when we highlighted it in our premarket report as a bottom-bouncer. The stock had just made a considerable move of off its recent relative lows the session prior, and looked set to continue into a multi-day run.

That certainly came to pass, with a solid performance on Thursday leading into yet another for Friday. On Thursday we observed a low of .22 and a moderate run into the .30’s but Friday, things ramped up to another level with MARA running from .24-.48 for an even 100% move on the day and a total rise of 118% over a two-day span.

That’s certainly a heck of a bottom-bouncer call. If things were to progress in a similar fashion to kick off the new trading week, today MARA could be looking at the fifty-cent range or better.

Defense Technologies International, Corp. DTII

We tagged DTII in Friday morning’s extended watchlist, and were very pleased with the solid intraday performance yielded by the play. The stock ran from a low of .0042 to as high as .0075 on the day, marking a move of 79%

The PPS pop was accompanied by a considerable influx of volume, on the order of more than six times the monthly average of shares changing hands. The past two sessions, in terms of price action and liquidity, have blown all others of the past few months out of the water, so we’re interested in seeing whether the stock can sustain this level of activity moving forward.

AVEO Pharmaceuticals, Inc. AVEO

We also tagged AVEO on Friday morning for the first time in a couple years, and the stock promptly turned around and set a new 52-week high on the day.  While the move itself was relatively modest, running 31% from 1.05 to 1.38, it did occur on mammoth volume, just a hair shy of 22X times the monthly average volume.

It did lose having held more than half of its daily advance, and is gapping up slightly in the premarket today, so we’ll definitely keep a slot reserved for AVEO on our watchscreens as we kick things off today.

Bed Bath and Beyond, Inc. BBBY – Options Recap

We went bearish on Bed Bath & Beyond on Friday with a set of options contracts to follow in the wake of their disappointing quarterly results, and it turned out to be a fantastic idea.

Our targets were the BBBY Weekly $31.50-30.50 Puts and regardless of which strike point was chosen, sizable gains were there for the taking:

$31.50 Puts – Range: 1.07-2.07 – Max Gain: 93%
$31 Puts – Range: .64-1.58 – Max Gain: 147%
$30.50 Puts – Range: .31-1.05 – Max Gain: 239%

Adobe Systems Inc. ADBE – Options Recap

We signaled some options for the ADBE chain on Wednesday, and the stock finished the week strong, and we witnessed some nice gains there as well. We were looking at the ADBE 06/30 $147 & $148 Calls, and both ideas have worked out nicely thus far.

The $147’s traded up from .35-.62 (+77%) while the $148’s ran from .17-.35 (+106%). Granted the nature of Friday’s session for ADBE, and these contracts not expiring until the end of this week, we wouldn’t be at all surprised to see these gains extended before it’s all said and done.

Extended Watchlist:
IDXG, PTN, SDRL, SPHS, RNVAZ, ZSAN,

Blue Horseshoe Stocks: HMNY Review & More

Helios and Matheson Analytics, Inc. HMNY

We’ve been watching HMNY for awhile now, and tagged the stock in yesterday morning’s premarket report. While it didn’t exactly go to the moon, we were quite pleased with the solid performance it put forth on the day.

It coincided with the company’s announcement that it had obtained licensing rights to a facial recognition technology developed in Israel. The stock traded up from a low of 3.65 to as high as 4.90, which marks a move of 34% and it came on an incredible 285X the 30-day average volume.

That kind of surge in liquidity is sure to produce some interesting results that we will be eager to track as we head through midweek.

Pilgrim Petroleum Corp. PGPM

Despite its ‘Limited Information’ designation on OTC Markets, we began tracking PGPM last Tuesday the 16th, at which time we observed a low of .0059 in the stock.

Since then it has been stepping its way up and yesterday, briefly touched a high of .02, which marked a one-week swing of 239%  We’ll be on the lookout for PGPM to continue its overall trend,, remaining interested as long as it maintains support at or above .01 on any pullbacks.

Chatroom Call – Las Vegas Railway Express XTRN

We’ll always jump at the chance to remind readers that in addition to these premarket reports, we also conduct daily live in-session trader’s chats via Skype*.

Yesterday, thanks to chat participant Steve, the room was alerted on XTRN and subsequently had a chance at gains of up to 300% as the stock ran from .0003-.0012.

XTRN then closed at its high-of-day on monster volume, so we will want to keep an eye on it today for a potential continuation of momentum.

*Do you subscribe to our mailing list? If so, you’re eligible to participate and/or observe our daily trader’s chats! Simply send a contact request to username ‘stocksumo’ and we’ll take care of the rest.

Extended Watchlist:
INO, SDRL, RADA, TLYS, TCS

Blue Horseshoe Stocks: TWTR Options & More

Globus Maritime, Ltd. GLBS

We included GLBS as a part of our extended watchlist yesterday after noticing that the stock had produced a solid session on Tuesday. Our hunch that the run could continue proved to be good, as the stock posted another nice intraday performance.

GLBS traded in a range from a low of 5.122 to a high of 8.769, a move of 71% and it came on more than seven times the monthly average volume. We’ll keep a slot on our watchscreens reserved for GLBS in the event it maintains its upward momentum and strings together a multi-day run.

Agora Holdings, Inc. AGHI

We’ve continued to follow AGHI as it has seen some consolidation over the past few sessions, and the lower it has crept, the more attractive it has begun to look as a bounceplay opportunity.

If you notice on the included chart, the stock has a recent track record of making a serious run-up from current PPS levels. The last time it traded below a dime, that was followed by a huge pop to more than .20. That’s just the kind of rebound we’ll be looking for as the stock searches for support.


Twitter, Inc. TWTR – Options Idea

In conjunction with buyout rumors that have been swirling around Twitter, we happen to like the look of the present chart, and thus we’d like to formulate a corresponding options idea. We’ve had a reasonable amount of success with the TWTR options chain in the past, and current conditions seem favorable enough to signal an extended-term idea today.

We’re going to place the TWTR 01/20 $19 and $20 Calls for the time being, with the added caveat that a buyout actually coming to fruition would very likely necessitate an adjustment to our strike prices.

Extended Watchlist:
RIG, SDRL, REXX, CLRB, TOPS, DRYS