Blue Horseshoe Stocks: BMXI Recap & More

Brookmount Explorations Inc. BMXI

Having written our daily newsletters for such a long time, occasionally we run back across a stock that we haven’t seen in quite some time, and that was the case with BMXI. Before yesterday’s signal on it, we hadn’t mentioned it since May of 2012 back when it was regularly trading in the subpenny range.

It found its way to our radar screens and into our premarket report yesterday morning on word of a promotion (Disclosure: We were not involved in the deal), and what followed was one of the biggest breakouts the stock has ever had. From a low of .0831 it soared to a new all-time high of .1279 . That’s an intraday gain of 54% which came on enormous volume.


Delta Air Lines, Inc. DAL – Options Idea

Our regular followers know that we’re always on the lookout to take advantage of the hype-fueled moves that stocks tend to make following an earnings report, using their options chains. Delta whiffed on profits this quarter, falling well short of expectations on the Street, and despite issuing solid guidance for Q3, we want to signal a range of short-term puts to watch into the end of the week.

DAL stock was already at a top, and in a price range where profit-takers could be a factor as well. For that reason, we are going to radar the DAL Weekly $55.50-53.50 Puts.


OncBioMune Pharmaceuticals, Inc. OBMP

OBMP had an update that it issued this morning on its mid-stage cancer treatment (>>View PR), but our interest is really being drawn to this play for technical reasons.

As you can see below, the stock recently established a new annual low, followed by a rebound off of that low, and now it is making its way back down to find support. We will be interested in this as a potential rebound play in the event that the stock maintains support at or above a nickel. We’re presently looking at an impending bearish cross on the MACD so we’ll see if the stock can hang in there without losing more than a penny off of its current PPS.


Extended Watchlist:
SPEX, XGTI, CODX, OCLR, CIE, AAOI

Blue Horseshoe Stocks: HUGE Day on Friday & More

Recapping Our HUGE Day on Friday

We had winners cropping up all across the board on Friday, with our options idea, as well as a couple stocks from our watchlist all having really solid sessions to close out the week, the month, and the 2nd Quarter.

Nike, inc. NKE – We signaled our interest in a range of Nike calls, and were not disappointed in the results. Our targets were the 07/07 $55.50-57 Calls and they all posted considerable gains on the day.

$55.50 Calls – Range: 1.89-4.01 – Max Gain: 112%
$56 Calls – Range: .98-3.33 – Max Gain: 240%
$56.50 Calls – Range: .77-2.95 – Max Gain: 283%
$57 Calls – Range: .51-2.52 – Max Gain: 394%

NKE wasn’t the first set of options ideas we crushed last week. We also tagged contracts in the DRI and CBI chains that subsequently went on multi-bag runs. As always, we strive to deliver a varied range of ideas for traders, and options are a huge part of that.
____

Digital Power Corp. DPW - After tagging it in our watchlist in Friday’s premarket report, DPW had a very respectable intraday swing right out the gate that morning. The stock ran from a low of .65 and reached as high as 1.05, which represents a 62% pop.

The stock couldn’t sustain more than half of that gain into the close, however it is trading up slightly in the premarket today. We’ll want to continue to monitor this play, watching for the building of higher base levels of support over the course of this short and divided holiday week.
_____

ShiftPixy, Inc. PIXY – Speaking of solid runners from Friday’s report that are showing signs of bullish premarket activity today, we’ve also got PIXY, a stock that IPO’d on Friday. A close contact in our vast network of traders gave us the heads up on the commencement of trading in PIXY, and we took the opportunity to pass it along to our readers by including it in our watchlist.

We weren’t sorry that we did, as its first day of trading was very positive. From its opening price of 6.30, PIXY traded up to 7.74, for a respectable intraday rise of 23%, nearly all of which it held into the close. This morning, the stock is gapping up in the premarket, having already hit a new high of 8.48 and extended our observed range to 35%

We’re quite anxious to see how this new stock will progress from here, even if the timing of tomorrow’s holiday isn’t ideal. If PIXY continues to be a huge hit with the investment community, just remember, you heard it here first!


The Players Network PNTV

Given the fact that it streaked to new all time highs to close out the week on Friday, we want to swing back around to pat ourselves on the back heartily for PNTV.

We originally brought this stock to our readers back in October of last year, after which time the stock was trading for as little as .012. Flash forward to Friday of last week, and the stock has rocketed all the way to .127 marking an incredible increase of 958%

However, even if you’re newer to our reports and only caught our most recent alert on PNTV on June 13th, you still had the opportunity for profits of up to 34% as the range in that time span ran from .0951 to the new high of.127. With the stock firmly blue sky territory, there’s no telling where this ride will end up!

Additionally, Nevada’s recreational marijuana sales kicked off over the weekend, so that ramps up the intrigue with this play, considering the fact that the company was recently grated two licenses to supply recreational consumers in that state.


Extended Watchlist:
CARA, EYES, SPEX, NSPR, RATE, OPXA,

Blue Horseshoe Stocks: SPEX, Options Recaps & More

Spherix Corp. SPEX

After initially signaling our interest in SPEX on June 20th, we’ve seen quite a run out of the stock as its gone from a low of .9505, and streaked to new highs this week.

SPEX gained some good ground on Wednesday, and yesterday morning we urged readers to look out for a momentum continuation- that’s precisely what came to pass. From daily low of 2.83 the stock streaked to 4.75. That went down as an intraday push of 68% and a total increase since we’ve been tracking this play amounting to a whopping 400% in barely a week’s time.

Volume remained strong, with SPEX trading more than 40X the monthly average volume on the day. We’ll want to see it continue to build higher base levels of support and hopefully continue to push the upper envelope.


CHF Solutions, Inc. CHFS

Also tagged in yesterday’s premarket report was CHFS, and it too made a pretty good move on the day. Volume was just dribbling in over the course of the morning, but shortly after lunch hour, the stock sprung into action.

From a low of .70 it reached as high as 1.08, which represents a 54% intraday pop. Our observed increase has been extended this morning as well, with premarket trading carrying CHFS even higher. Given the fact that this move was catalyzed by an FDA approval notice, we wouldn’t be surprised at all to see this blossom into a multi-day runner.


Chicago Bridge & Iron Co. CBI – Options Update

On Wednesday morning, we highlight a range of contracts in the CBI chain that we were interested in tracking, the CBI Weekly $20-22 Calls. As happens more often than not when we set our sights on an options play, every single contract has been good for sizable gains since our alert.

$20 Calls – Range: .75-1.90 – Max Gain: 153%
$20.50 Calls – Range: .38-1.30 – Max Gain: 242%
$21 Calls – Range: .25-1.22 – Max Gain: 388%
$21.50 Calls – Range: .20-.80 – Max Gain: 300%
$22 Calls – Range: .11-.55 – Max Gain: 400%

____

Fresh Options Idea: Nike, inc. NKE 07/07 $55.50-57 Calls


Extended Watchlist:
PIXY, SKLN, DPW, FSC HAIN, ITKG. OMER

Blue Horseshoe Stocks: Reviewing June Winners & More

Moleculin Biotech,  Inc. MBRX

We wanted to circle back for an update on MBRX this morning, a stock that we signaled on June 21st, after noticing some abnormal activity the session prior.

Shortly thereafter we would witness a low of .96 in the stock, from which it would never look back. MBRX has been on a multi-day tear, with things really heating up yesterday. It ripped its way to a new high of 3.38, on more than 16 times the monthly average volume. That represents a total rise of 252%

We’ll continue to stay hot on the trail of MBRX for as long as it continues to build higher base levels of support.



Spherix Corp. SPEX

The day before the above-mentioned play, on June 20th, we highlighted SPEX after noticing the stock trading near a bottom, and it has been one heck of a ride since that time. We’ve seen this play run from a low of .9505 all the way up to 2.23.

The bulk of that move came in yesterday’s session wherein the stock also traded massive volume, so we’ll be on the lookout for a possible momentum spillover as we head into week’s end.


TrovaGene Inc. TROV

It was back on June 12th that we initially slated TROV for observation. The stock had been trending up off of recent relative lows since the beginning of this month.

Subsequent to our alert, we would witness a low of .85 in the stock and despite some swing-action, TROV has been in a general uptrend ever since.. As of the new high achieved in this morning’s premarket (1.60) it marks an increase of 88%


Constellation Brands, Inc. STZ – Options Idea

We’ve used the STZ optuions chain to our advantage in the past. The most recent occasion was last April, when we scored multibag gains with $155 Calls. The stock has been in serious growth-mode since then, and with a hearty, untraded-upon Q1 earnings beat this morning, we want to signal a range of contracts to watch once again.

The stock is gapping up to the $200-range today, and we’re going to be waiting in the wings with the STZ 07/21 $190-210 Calls.


Extended Watchlist:
GRPN, CHFS, SPLS, IMNP, LODE, INNMF

Blue Horseshoe Stocks: Huge Day for MYO & More

Myomo, Inc. MYO

We were just mentioning yesterday to kick off the week, how our mention of MYO in Friday’s premarket report. and how it had run from 10.10 to 18.20 for an 80% move on big volume. We stated our ongoing interest in the stock, and even cautioned that a dip-and-rip formation could materialize early on before MYO went on to confirm its status as a multi-day runner.

We don’t own a crystal ball, but you might have had a hard time believing that yesterday. The stock behaved precisely as we suggested it may, pulling back slightly in the first 15 minutes of the session before embarking on a day-long bull run to new highs.

MYO dipped to 14.51 before ripping its way to 23.20, for an intraday push of 60% and a two-session swing from our observed low on Friday (10.10) amounting to 130% We can’t remember the last time we called a ten dollar stock and saw it record a double-bagger inside of two days, but it doesn’t happen very often for stocks trading at a high multiple. Cheers to anyone who was along for the ride!


ReWalk Robotics Ltd. RWLK

We also want to give ourselves a quick pat on the back for spotting RWLK  in the premarket yesterday and including it in our report. The stock had just begun to inch up on Friday, but yesterday its run realy kicked into gear.

RWLK ran from a low of 1.40-1.95 for a modest yet solid intraday pop of 39%, but that figure has been notably extended in the premarket this morning with a new high of 2.10, which pushes our observed range in under 24 hours to an even 50%

We’ll look for RWLK to establish higher highs and higher lows once again to confirm it as a multi-day runner and stay interested in tracking it moving forward.


Delcath Systems, Inc. DCTH

We also want to do a recap of DCTH, which we last mentioned at the beginning of last week on the 12th. Subsequent to that report, we observed as DCTH saw a low of .0413 the following day. Despite having a little trouble breaking through resistance in later sessions, yesterday did the trick as the stock hit .10, marking a move of 142% in the span of one trading week.


Enphase Energy, Inc. ENPH

ENPH has slowly but surely been making some headway in coming up off of its annual lows established in May, but this morning the stock is gapping considerably, into the ninety-cent range.

We want to place this stock on watch in the wake of what we believe to be the catalyst for this activity – an Edgar filing alluding to a “Master Licensing Agreement” the company granted to Flextronics Industrial, Ltd. (>>View 8-K)


Extended Watchlist:
LPCN, VSLR, VVUS, SPEX, NK, CFMS