Tag: SFOR

Blue Horseshoe Stocks: FNHI, Bottom-Plays & More

Franchise Holding International, Inc. FNHI

It’s about time that we came back to rehash one of our top performing stocks of the month in FNHI this morning. We’ve been continuously monitoring this play all February, since our initial alert which came on the 8th, subsequent to which we would observe a low of .0061 in the stock. We continued to follow up on this play, including reminders in last Friday’s report, and on Tuesday as well.

It’s been quite a ride since then, as FNHI has gone on to barrel into Pennyland, and eventually break both the two and three cent marks.

Yesterday the stock reached an impressive new high of .0357, which represents an overall upswing of 485% in just a shade over two weeks! Big congratulations go out to anyone who got involved and reaped some serious rewards off of this fantastic subpenny-to-penny mover!

Northern Dynasty Minerals, Ltd. NAK

We spotted a potential recovery play in NAK, which has gotten beaten up in recent sessions, but is exhibiting the traits of a stock that could be headed back up in sessions to come.

Whenever we see a bottom-bouncing stock which has established support at a previous resistance level, especially one this oversold, we’re always on the lookout for the possibility of a rebound. We’re going to keep NAK on our radars indefinitely, as we feel that a significant push back to the upside could be just a matter of time.

Fresh Options Idea

Foot Locker, Inc. FL – For a quick options trading idea this morning, we’re going to signal a range of longer-term contracts in the Foot Locker chain. Our targets, the FL 03/17 $70-75 Calls will have plenty of time to see the type of activity we’re looking for, with exactly three weeks until expiration.


Cemtrex, Inc. CETX – Quick Reminder

We tagged CETX as a bottom play in yesterday’s report, and we just wanted to update readers on its healthy performance. The stock traded up from a daily low of 3.51 to 4.43, a gain of 26% which is a good start to the recovery we were hoping to see.

We’ll continue to have our eyes on this one, as a return to 5, 6, or perhaps even 7 dollars is not out of the realm of possibility in weeks to come.

Extended Watchlist:
AAOI, SFOR, SNMN, CNXS, BTSC, GAHC

Blue Horseshoe Stocks: MYHI Run Continues, Options & More

Mountain High Acquisitions Corp. MYHI

Yesterday morning’s first mention was MYHI, which we had tracked the day prior over an impressive 94% span ranging from a low of .09 to .1745 on the first trading day of the new year.

We said we’d stay on MYHI’s trail after that momentous push, and the stock responded well with another bullish session yesterday wherein it achieved a new high of .239, and closed with strength yet again. From Tuesday;’s low of .09, yesterday’s high represents a two-session upswing of 166%

We’ll reiterate yesterday morning’s sentiment in saying that we’ll continue to monitor MYHI for further recording of higher highs and higher lows, and at some point, we expect a consolidation that should lead to a dip-and-rip pattern on the chart.

Connexus Corp. CNXS

Also appearing in yesterday’s premarket report was CNXS, which went on to have quite a solid session itself, particularly in the early goings.

The stock traded in a range from .001 to .0028 inside of the first 90 minutes of trading, which comes out to an intraday rip of 180% It managed to close just above both its current 50 and 200DMA’s so we’ll definitely want to keep a space on our watch screens reserved for CNXS in sessions ahead.

Abercrombie & Fitch Co. ANF – Options Update

ANF did our bidding to a tee yesterday. While we did signal a range of extended-term options contracts, we made it a point to mention that the gain opportunities could be there right from the start. We turned out to be spot-on in that regard.

We highlighted the ANF 02/17 $12-15 Calls, which all provided chances to profit right from the word go. That being said, with loads of time before expiration, we’ll be very interested to see how a continued uptrend for ANF and the magnitude of the added gains that would facilitate.

$12 Calls – Range: 1.10-1.40 – Max Gain: 27%
$13 Calls – Range: .60-.79 – Max Gain: 32%
$14 Calls – Range: .32-.44 – Max Gain: 38%
$15 Calls – Range: .12-.20 – Max Gain: 67%

StoneMor Partners L.P.  STON

We’ve spotted a bottom-bouncer in STON this morning that appears to have loads of upside potential. We’ve included a chart below, and pointed out the various aspects that have us interested in tracking the stock’s activity in sessions ahead. On top of that, we’re also taking into consideration the Form-4’s for a string of big insider buys that were made in the past week.

Should it prove able to break through resistance around the present 50DMA in the low 10.50’s, things could get more than a little interesting.

Extended Watchlist:
SFOR, EXAD, GYOG, LEXG,
NUGT($9-9.50 Calls, if it can break 50DMA)

Blue Horseshoe Stocks: Multiple Mid-Week Winners & More

Multiple Mid-Week Winners

Yesterday’s premarket report was chock-full of prime opportunities to strike it big with some fantastic intraday gains. Here they are in descending order of magnitude:

Diana Containerships, Inc. DCIX – Like DRYS, which we were tracking on such a monumental run that it got halted, DCIX is another play in the shipping sector, which has been the post-election hot ticket. After we tagged it in yesterday’s report, DCIX managed a hearty run from 8.27 to as high as 26.17, an intraday burst amounting to 216%
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Sino-Global Shipping America, Ltd. SINO – Tally up yet another shipper that we caught just in time to benefit from the rush on the sector. SINO was another inclusion in our Monday watchlist, and it too has produced a multi-bag surge. The stock traded in a range from 3.45 to 7.86 yesterday, allowing for up to 128% in single-session profits. From our observed low of 1.44 on Monday, it marked a three-day uptrend of 446%
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Bulova Technologies Group, Inc. BTGI – We also had a pair of subpenny plays put up solid numbers on the day yesterday. We tagged BTGI on Tuesday, observed a modest run on massive volume, and reiterated as much in yesterday’s report. The trend continued, as the stock ran from  .0036-.0059 (+64%) on over 5X its 30-day average volume. From our observed low of .00275 on Tuesday, it went down as an overall two-day swing of 115%
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SpectraScience, Inc. SCIE – Rounding out our list of nice gainers from yesterday is SCIE. The stock traded in a comparatively subdued, yet quite notable range from .0019-.003. That was good for gains of up to 58%

Added Notes:

Options Reminder – We also want to remind our readers of our successful hunch that Bank of America would be a good short yesterday. We saw modest gains in our target contracts, BAC Weekly $20.50-19.50 Puts, and will continue to track the added gains that are sure to be caused from another gap-down here in the premarket, and possible continued backslide today. We’ll provide an update on the activity and our total possible gains in tomorrow’s premarket report.

Shipping Watchlist – Granted the excellent activity in the shipping sector that we’ve been mentioning, we thought it would be a good idea to include a handful of other plays in the space to watch in addition the ones we’ve already mentioned this week: RLOG, GSL, CHNR, NMM, OSG, NAO.

Extended Watchlist:
PGAS, NUGN, SFOR, ABCE, MXSG,