Blue Horseshoe Stocks: Updating Recent Picks

Arcadia Biosciences, Inc. RKDA

As we were just mentioning yesterday morning, we’ve seen RKDA run from a low of 2.70 after placing it on watch Friday morning, and it was high flying in the premarket yesterday, causing us to warn readers of further gains incoming.

The stock strung together its second straight bull run, adding to Friday’s gains and reaching a subsequent high of 7.35. That registers as a two-day swing of 172% and continues to give us cause to keep RKDA on the radar.as it streaks to 5-month highs.


Taronis Technologies, Inc. TRNX

We began tracking TRNX last month as the stock was trading for as little as .1832 a share and observed a subsequent run of 244% to .63.

More recently, stock made a consolidation down to .401, and as of yesterday had returned back to a high of .544, representing a swing of 36% We’re going to want to keep an eye for TRNX to retest its previous highs and potentially breaking into new territory.



PCT Ltd. PCTL

Finally, PCTL was appearing in our reports quite a bit at the end of last month into the beginning of August. Subsequent to our last alert, the stock ran from .0085 to a new high of .0228, a gain of 168%

There is a patch of resistance around the .029 area that we wouldn’t be surprised to see PCTL test in upcoming sessions.


Fresh Options Ideas: 

JD Weekly 27.50-29.50 Calls
AAP Weekly $140-135 Puts


Extended Watchist: 
EAT, YPF, KTOS, RBZ, TRXC, SGLB,

Blue Horseshoe Stock: More Options Success

General Motors Co. GM

We went very options heavy in our report yesterday morning, updating our readers on the success of ideas we had earlier in the week, and also including a pair of fresh ideas, GM Weekly $40-42 Calls.

We’re pleased to report that all five of the contracts in our designated range produced the opportunity for tangible intraday profits.

$21 Calls – Range: 1.61-2.73 – Max Gain: 70%
$21.50 Calls – Range: 1.00-2.22 – Max Gain: 122%
$22 Calls – Range: .73-1.70 – Max Gain: 133%
$21.50 Calls – Range: .42-1.26 – Max Gain: 200%
$22 Calls – Range: .18-.85 – Max Gain: 372%

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Burlington Stores, Inc. BURL

Also freshly formulated in yesterday’s report was our idea for the BURL Weekly $141-144 Calls, and we were not disappointed on that front either. While the bottom half of the range was pushed too deep into the money for any serious activity, we quickly zeroed in on the top performers, the $143 and $144 Calls.

The $143′s managed a huge run from 1.45-5.80, marking an intraday surge of 300% while the $144‘s posted a range of 1.40-4.00, which works out to a 186% rip.


More Fresh Options Ideas

For the second day in a row we’ll present a fresh pair of options ideas, one longer-term and one for potential day trades today*:

Bank of America BAC 07/20 $29 & $30 Calls
Lululemon Athletica LULU Weekly $111-114 Calls

*Never trade weekly options on a Friday unless you an expert level trader with disposable funds


Extended Watchlist:
ATIS, HEAR, TOPS, SGLB, PETX, AMMA

APP, MFTH, SGLB & Extended Watchlist

American Apparel, Inc. APP

We first talked about APP all the way back on December 27th. Yesterday it popped back onto our radars as we observed APP hit a new 52-wk high.

Granted the season, and industry, APP should be experiencing better quarterly numbers in the months ahead. Between students returning to school, and the impending holiday retail boom, this apparel company is in position to rake in quite a bit of revenue. For that reason, we will be monitoring APP more closely in the immediate future.

We have also prepared a video chart outlining some key technical points for the stock.

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Medisafe 1 Technologies Corp. MFTH &

Sigma Labs, Inc. SGLB

As we have stressed in the past, the symbols we place in our extended watchlist simply must not be overlooked. These two stocks did very well yesterday.

MFTH opened at the previous close and LOD of .004, then hitting a high of .0071 before closing at .0062 for possible intraday gains ranging from 55-78% Not bad for having just racked up over 100% in gains one day prior. Following our first mention of MFTH, the stock saw a low on the order of .003, and subsequently touched a high of .006 last week, and has been holding support in the low-to-mid .004′s.

SGLB opened at .016, and touched .03 before closing at .02. for gains ranging from 25-86%

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Extended Watchlist:

FITX, AONE, NOK, HBRM

SRGE, MIKP & Extended Watchlist

Southridge Enterprises, Inc. SRGE

SRGE has been on our radars for the better part of a week now. The first appearance on our watchlist was on September 6th. On Friday, the stock traded as low as .0024, and yesterday the stock hit an impressive high of .0095. That represents a possible gain of 296% Congrats  to those who were able to capitalize on some substantial gains. We love a good gold play, and this one turned out to perform quite well.

The company has has an active summer with regard to press, and yesterday released yet another tidbit of positive info:

DALLAS, TX, Sep 10, 2012 (MARKETWIRE via COMTEX) — Southridge Enterprises Inc. (PINKSHEETS: SRGE) (“Southridge” or the “Company”) today announced it has begun a Multi-million Dollar expansion of its Cinco Minas Mill (CMM) located at Cinco Minas, Jalisco, Mexico. The new facility’s high efficiency expansion will raise full production capacity to 500 ton per day (tpd), a more than 8 fold increase from the current 60 tpd production level, by the end of 2013.

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Mike The Pike Productions, Inc. MIKP

MIKP was a play from our August 16th extended watchlist, which reached new highs yesterday after making a nice move. Being as low as .0005 following our alert, yesterday’s high (and close) of .0023 marks gains of up to 360%

If we see a consolidation here, we’d like to see MIKP hold .0019 as a level of support. Previous highs often serve as future support levels, and if .0019 can hold, we might see a significant bounce off of that price point. Other key key levels are the 50 and 100 DMA’s of .0015 and .0012 respectively.

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BBDA, AAPT & KMAG

Even though gains were not huge yesterday, each of these stocks were in the green yesterday. Past gains from these have been substantial, and thus we continue to keep these plays on our watchlist.

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Extended Watchlist:

VDSC, MFTH, SGLB, CTYX