Tag: SGYP

Blue Horseshoe Stocks: Fresh News Plays & More

FreeSeas, Inc. FREE

We mentioned FREE in yesterday’s morning report as a bottom-play that was gaining momentum. The stock had begun to show signs of life after recently establishing a new 52-week low, and our focus paid off almost instantly.

We witnessed a slight dip to a low of .1113 shortly before 10AM, after which time FREE proceeded to surge its way to a daily high of .179. It registered as a 61% intraday swing before the stock tapered back to close at .091.

We’ll continue to observe the activity on the FREE chart as the week progresses, as there is a fair chance that we will continue to see sizable swings in PPS.

Axion Power International, Inc. AXPW

Speaking of major runners, the call we made on AXPW on Monday continued to extend its gains early in yesterday’s session. We caught this gem at a low of .0421, and watched as it went on to touch .36 before it began its pullback.

The move extended the total range we witnessed over just a two-session span to a whopping 755%

For us to remain interested in AXPW for further opportunities, we’ll need to see it maintain support at or above yesterday’s swing low of .14. Key resistance is sitting between .18-19.

Fresh News Plays

Synergy Pharmaceutical, Inc. SGYP came with some positive news this morning, and is gapping up heavily in the premarket. We’ll look for a potential dip-and-rip scenario to occur following the opening bell.

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Blue Shere Corp. BLSP announced a tentative share buyback program this morning that would allow for the company to acquire up to $500K-worth of its common stock from the open market and/or via privately arranged transactions. Couple that with a chart that has the look of a classic bottom-play, and we’re very interested to include BLSP on our watchlist this midweek.

Extended Watchlist:
SFUN, BVXV, ARWR, ARTX, CRMD

Blue Horseshoe Stocks: Reviewing Friday’s Picks & More

Recapping Friday’s Options Ideas

We made it a point to pass along a handful of quick-strike options ideas on Friday. We mentioned the high-risk, high-reward nature of trading weekly contracts on a Friday, and we certainly were rewarded as every single idea we formulated bore fruit, to varying degrees.

Here’s a breakdown of the prime possibilities for profit that we observed:

Netflix, Inc. NFLX – The rather broad range we provided for NFLX were Weekly $595-612.50 Calls, and every set of contracts in that range made highly impressive moves:

$595 Calls – Daily Range: 6.58-23.00 – Max Gain: 250%
$597.50 Calls – Daily Range: 5.30-20.67 – Max Gain: 290%
$600 Calls – Daily Range: 3.63-18.02 – Max Gain: 396%
$602.50 Calls – Daily Range: 2.80-15.45 – Max Gain: 452%
$605 Calls – Daily Range: 1.10-12.82 – Max Gain: 1065%
$607.50 Calls – Daily Range: 1.00-10.62  – Max Gain: 962%
$610 Calls – Daily Range: .80-8.17 – Max Gain: 921%
$612.50 Calls – Daily Range: .53-5.54 – Max Gain: 945%

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Apple, Inc. AAPL – Our idea for AAPL was the Weekly $128 and $129 Calls, and a relatively volatile outing brought several significant swing-trade opportunities in each:

$128 Calls started out by first trading from an early low of 1.06 to 1.58 (+49%). It then pulled back to find support at .53 before taking off again to hit .99 (+86%). That swing was followed another ranging from .43-.92 (114%), and then by a final dip to .53 and run back to .81 (+53).

$129 Calls traded with similar action; four distinct swings of  53%, 134%, 167% and 300% occurred during the session.
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Petroleo Brasiliero S.A. (Petrobras) PBR – The PBR Weekly $10 Calls that we tagged for observation made a monster move from .03-.20, yielding the chance at gains of up to 566%

The stock is gapping up in the premarket today, so we’re going to continue keep our eyes on PBR. Our interest to start out the week will be in the Weekly $10 and 10.50 Calls for potential daytrade swing-trade opportunities.

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Huge congratulations go out to any of our followers that were able to bank some hefty gains off of Friday’s excellent options ideas!

Pazoo, Inc. PZOO

We’re touching base with PZOO this morning to update our readers on what the stock has been up to lately. Many of you will recall the monumental April this stock had; we initiated coverage on April 1st, and PZOO essentially spent the entire month on an uptrend. The total range we observed over the course of the month went from .0049 to .0204, which amounted to an epic 316% swing.

We put the stock on the back burner this month as it consolidated off of those impressive highs, and we want to rehash our interest in this play now that it appears to be headed toward its next leg-up. We’d also suggest that folks check out the PR released by the company on Friday, which alludes to its partner’s ribbon-cutting on the Nevada medical marijuana testing facility that we’ve been anticipating.

We’ve prepared a video outlining the key aspects of the PZOO Chart:
CLICK TO VIEW VIDEO CHART

MagneGas Corp. MNGA

We also want to pat ourselves on the back for a timely call of MNGA on Friday. We caught the news release highlighting the company’s contract with the US Navy, and it was enough to send the stock on a respectable intraday rip.

MNGA traded in a daily range from 1.08-1.48, which represented a healthy increase of 37% The move occurred on over 17X the 3-month average trading volume, and the stock closed just under the high of day, so we’ll be interested to see how the action unfolds as we kick off a new trading week today.

Extended Watchlist:
SGYP, PTBI, PSTI, DRRX, OSUR, ANN

Blue Horseshoe Stocks: ACGX News Out


Alliance Creative Group, Inc. ACGX

Between this morning’s news, and the current state of the ACGX chart, we figured it was time to revisit this play. The stock has been under consolidation since the exceptional gains it has provided for us over the past couple of weeks, although it has held a decent level of support.

For those who don’t recall the specifics- We first alerted ACGX on April 16th (.0055), were rewarded with a run up to .011 (100% Gain), followed by a dip to the .0075 area, and a subsequent 25% move back up to .01.

As we stated above, the chart is in another consolidation pattern, so now is the time where we observe very closely for any signs of a reversal. As you can see on the annotated chart below, we’re looking to see support hold here at .0077. Should that not occur, we’ll need ACGX to hold support above our initial alert price.

This morning’s news is intriguing, outlining the company’s intent to cater to the rapidly-expanding marijuana sector, and service its printing and packaging needs. With all the new pot-related businesses that are springing up, surely there will be a great need for branding, and top-quality product presentation is one of the cornerstones in that area. The upcoming Cannabis Investor Conference in Denver will be an excellent litmus test for ACGX’s potential in the popular market space, as a multitude of legal and medical marijuana entities will be in attendance.

CHICAGO, IL–(Marketwired – April 30, 2014) – Alliance Creative Group, Inc. (ACGX) (www.AllianceCreativeGroup.com), is pleased to announce that it will be the Official Printing and Packaging Sponsor along with being a Presenter for the 1st Annual Cannabis Investor Conference in Denver, Colorado at the Denver Downtown Westin Hotel on June 29th to July 1st, 2014. The conference will connect privately held and publicly traded companies in the cannabis industry with industry investors, analysts, and tobacco companies and will include presentations, industry keynote speakers, panel discussions and one-on-one meetings. >>> FULL PR

The conference will be held just prior to Washington State’s planned start to legal recreational sales (Currently slated for July), so it gives us the impression that the sector as a whole could undergo a revitalization this summer, and ACGX could find itself reaping some of the benefits.

Extended Watchlist:
PTEK, SGYP, RFMD, ZA, ASTI, GFIG