Blue Horseshoe Stocks: BLDV Recap & More

Blue Diamond Ventures, Inc. BLDV

After being discussed in our daily live trader’s chat on Thursday, BLDV went on a run from .0005-.0017, as we were mentioning in Friday’s morning report.

With another solid session to follow, BLDV became the second multi-day cannabis-related runner yielded by our chatroom in as many weeks (INMG being the other). The stock traded in a healthy range from .0016 to .0029, for an 81% intraday pop, which came with a massive surge in volume in the neighborhood of 9X the monthly average.

Those who did happen to catch the low following the chatroom alert on Thursday would have had the chance at carving out a large slice of a two-day swing that amounted to a whopping 480% That’s precisely why we’ve been routinely encouraging readers of our daily reports to get involved with our daily live chats.

The chats are open to any of our subscribers who wish to participate (or merely observe) and are conducted exclusively via Skype. Send a contact request to username ‘stocksumo‘ and get involved today! 


NanoSensors, Inc. NNSR

An honorable mention from Friday’s report was NNSR, which we had tagged in our extended watchlist. The stock made an appreciable intraday move from a low of .00695 to a high of a penny. That was good for a 44% pop, although the stock failed to maintain at least half of its gains into the close.

Still, we’ll continue to monitor this play as we kick off a new trading week, as it has the type of volatility that could easily facilitate another bullish push.


NoHo, Inc. DRNK

Continuing along, with the recent trend of super-subpenny movers, we’re taking a flier on DRNK which was showing an increase in volume last week on the heels of key announcement to hit press wires.

The pickup in activity seems to have been tied primarily to the announcement of a national sales and distribution agreement with BNG Enterprises, Inc. out of Tempe, Arizona (www.bngprodx.com). The agreement provides BNG the exclusive rights to sell the NOHO 2oz Shot throughout its nationwide retail stores as well as online sales through Amazon®. (>>View Full PR)

Assuming that this super-subpenny will break into the subpenny range or higher like some of the similarly-priced stocks we’ve been tracking in recent weeks would be only speculation at this point. But we’ve seen enough triple-zero plays break out in such a short period, that we’ll definitely want to keep a close eye out for more opportunities like that, and DNRK could easily be the next one to go for a big ride.


International Business Machines Corp. IBM

We took notice of the IBM chart this morning, and would like to signal a set of extended-term options contracts for observation based on our perception of the stock. From a purely technical standpoint, IBM looks like it could have slighlty further to fall before making a convincing reversal, but indicators also suggest the stock is heavily oversold, so that change could happen at any time.

The stock showed a slight inclination to come up off of its lows last week, and there is also a pretty sizable gap to the upside to roughly the $170 area. We’re going to place the IBM 06/16 $165 Calls on watch as a result, and if IBM can make a move to return to $170 by the expiration date, these contracts could be in line for a double or even triple-bag move.


Extended Watchlist:
SPCL, OWCP, BCR, RGSE, HAS, PTX, SNGX,

Blue Horseshoe Stocks: Chatroom Call, SPU Update & More

Another Great Chatroom Call

We’ve been advocating for our daily live trader’s chats pretty heavily lately, and this morning we’ve got yet another example of why. We compile and publish our daily reports every morning between 15-30 minutes prior to the opening bell. We still manage to find great opportunities in the premarket, but sometimes the real movers don’t reveal themselves until regular trading commences. That’s where the chatroom comes in, giving us and our participants the chance to ID solid plays on the fly.

BLDV was one such play, which, subsequent to our chatter’s mention, went on a run from .0005-.0017 for a fantastic intraday rip of 240%

Our chats are open to any of our subscribers who wish to participate, or merely observe, and are conducted exclusively via Skype. Send a contact request to username ‘stocksumo‘ and get involved today! 


SkyPeople Fruit Juice, Inc. SPU

We signaled SPU on Monday morning after noticing that it was searching for a bottom. We were mentioning as much in yesterday’s report , along with the fact that our bottom call had been sharp, after the stock bounced off of the 2.30 mark and began to climb 45% to 3.3299.

We also noted that SPU still had a monster gap on the chart to the upside, and for the second straight session the stock hit a new high. It traded in a range from 2.72 to 4.33, which goes down as an intraday move of 59%  From the previous day’s low, it marked a two-session upswing of 88% which occurred on 21X the monthly average volume.

SPU has already been a great bottom bounce call for us, but with the kind of momentum that’s currently present, we’ll continue to watch for it to register higher highs, and higher lows over coming sessions.


Extended Watchlist:
JASN, PFIN, BVTK, NNSR, NMM, SPCL, ASPS, NURO, SPHS

Blue Horseshoe Stocks: Potential Bottom-Plays & More


Potential Rebound Plays

U.S. Stem Cell, Inc. USRM  -We caught USRM for some nice gain opportunities a couple of weeks back. We had initially begun tracking this play after mentioning it on the morning of February 27th. Subsequent to that, we had witnessed an impressive run from a low of .014  to .0545, for a 289% gain in a span of just two sessions.

That was followed by an expected period of consolidation, but it appears as if USRM has found support at .0175. We’re going to want to return to monitoring this play more closely on the chance that it could be gearing up for another run. If it produced a move even a fraction of what we saw before, it will be worth its slot on our watchscreens.

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Iconic Brands, Inc. ICNB – Speaking of familiar plays that could be in line for a rebound in upcoming sessions, we want to swing back around to ICNB this week. We had tracked this one to some decent gains after tagging it for observation on January 24th. Following that, the stock would trade in a range from .018 up to .0339, a respectable move of 88%

But like the above-mentioned stock, after its run, it basically underwent a big-time consolidation which lasted nearly a whole month. That brings us up to yesterday, when we noticed ICNB giving off something of a rebound signal. We’ll go back to watching more closely in the next few sessions.


Aralez Pharmaceuticals, Inc. ARLZ – Bottom Watcher

ARLZ has been falling off a cliff this week, and despite the fact that it may yet have further to fall, we’re going to want to begin monitoring it as it attempts to sniff out a solid support level. There could definitely be some opportunities waiting for traders that can properly time the recovery.



Direxion Daily Jr Gld Mnrs Bull 3X ETF  (JNUG) – Reminder

Apart from some quick chances for early gains yesterday, our freshly formulated options idea for JNUG may need some time to mature. That’s why we chose an expiration date a couple of weeks out. We’ll continue to have the JNUG 03/31 $7-8 Calls on our radars moving forward.


Extended Watchlist:
DTII, AVXL, AXAS, OWCP, SPCL, IMMU, CVRS

Incoming search terms:

  • Penny stock usrm trading performance ytd

Blue Horseshoe Stocks: BOTY Recap & More

Lingerie Fighting Championships, Inc. BOTY

We placed BOTY on watch on Friday after noticing that the stock had begun to launch off of its bottom, posting unusual activity the session prior. It was a good thing that we tagged it when we did, because Friday brought an even more considerable surge to the updside.

BOTY traded in a range from a low of .0056, cracking through the penny barrier, and reaching as high as .015. That was good for intraday gains of up to 168% and the excellent move came on volume of nearly six times the monthly average.

As the company name suggests, BOTY’s business is an actual women’s MMA league where the combatants wear lingerie instead of athletic wear. Being something so unique and potentially lucrative, it adds to our interest in continuing to track this play.


Solaris Power Cells, Inc. SPCL

SPCL is another one we want to provide an update on this morning. We initially witnessed a fantastic run from .0075 to .02 on this play when we called it back on 11/18, and after a period of consolidation in the following weeks, we observed the beginning of the stock’s next leg up on Friday.

SPCL traded in a daily range from a new low of .0041 and promptly returned to .02. That’s a big-time swing of 387%


Bridgegate Pictures Corp. BBGP

The run that BBGP made between the months of August and November this year was excellent, moving from the .20-range to more than 2.70. A recent dramatic selloff slapped the stock back down to the .20-level and just below, before the current bottom-bounce commenced.

We’re interested in tracking BBGP from this juncture in the event that the momentum we’re seeing gathered off of those lows should continue into this new trading week.


Insulet Corp. PODD – Options Idea

We’ve formulated an options trading idea for PODD, after noticing a few things about the stock. First, it’s in a good place on the chart, having exhibited the beginning sign of a bottom-bounce on Friday, reversing a downtrend that had persisted for over a week.

Next, we caught a Form-4 submission showing a significant buy by the CEO, in the amount of roughly $1.3M at the stock’s lows. Whenever we see directors of a company adding shares at relative lows, it piques our interest.

Accordingly, we are going to radar a set of contracts to watch in sessions to come, namely the PODD 01/20 $35 Calls.


Extended Watchlist:
IFAN, BPMX, CLF, MXSG, ONCI, PFTI

Blue Horseshoe Stocks: Fresh Options Plays & More

DryShips, Inc. DRYS – Update

We wanted to start things off this morning by providing an update and some reactive commentary on DRYS, whose massive surge from early this week was stopped in its tracks yesterday.

After the mammoth run we tracked it over from 13.60 on Monday to Tuesday’s high of 102.00 (+650%), the stock was halted, and only resumed trading yesterday. What followed was a massive selloff that we did caution would be forthcoming in Wednesday’s report, stating that we’d want to be ready to take advantage of a potential dip-and-rip when that occurred.

That’s why we wanted to remind our readers of the situation today, and put the stock on bottom-watch. Rebounds are often proportional to the surges that preceded them, and if that holds true here, the bounce on DRYS when it reverses could be significant.


Solaris Power Cells, Inc. SPCL

Next up is SPCL, which we began watching for a bottom on Tuesday, and after realizing that bottom the following session, the stock has made quite a respectable move. It traded in a range from it’s low of .0041 on Wednesday, to a new high of .0098 yesterday.

That worked out to a two-day swing of 139% We’ll continue to monitor this play, and will look for the registering of higher lows and a breach from subpenny into penny territory.


Amazon.com, Inc. AMZN – Options Idea

We’re taking a look at Amazon this morning for a possible options play. The stock has been building a nice head of steam over the past few sessions, and appears to want to continue that trend today. To take advantage in the event of a continued uptrend, we’ll signal a range of options contracts, the AMZN Weekly $757.50-762.50 Calls.

*Please remember that highly-experienced options traders are the only people who should ever attempt to trade weekly expiring options on a Friday.


Extended Watchlist:
MJTK, ZRZH, SMFI, BDPT, BVNI, GMNI