Tag: SYMX

Blue Horseshoe Stocks: MNKD, VRX Recaps & More

MannKind Corp. MNKD

We tagged MNKD a week ago today in our premarket report on May 4th, and wanted to circle back around this morning to go over the excellent performance the stock has recorded since then. At the time the stock had been looking like it wanted to rebound after crashing down to a bottom and our decision to mention it turned out to be timed perfectly.

In each of the past five sessions MNKD has registered higher highs and higher lows, continuing to gain back ground that it had lost in previous weeks. From last Thursday’s low of .688, the stock has gone on to reach a high of 1.88, which represents an increase of 173% while volume over the same period has been impressive. The stock traded its highest volume since 2014 yesterday, so we’re really eager to continue tracking the activity in MNKD.

Valeant Pharmaceuticals, Inc. VRX

Despite already showing us amazing single-session gains ranging from 380-3600% on Tuesday, which we recapped in yesterday’s premarket report, our options idea for the VRX chain, the Weekly $10.50-12 Calls saw even further advances once the session kicked off.

We’ve included the total possible intraday gains from yesterday’s session, as well as the overall gains from our observed lows on Tuesday morning.

$10.50 Calls – Daily Range: 1.43-2.36 – Daily Gain: 65% – Total Range: .40-2.36 – Two-Day Swing: 490%
$11 Calls – Daily Range: .92-1.99 – Daily Gain: 116% – Total Range: .18-1.99 – Two-Day Swing: 1005%
$11.50 Calls – Daily Range: .53-1.42 – Daily Gain: 68% – Total Range: .08-1.42 – Two-Day Swing: 1675%
$12 Calls – Daily Range: .29-.99 – Daily Gain: 241% – Total Range: .02-.99 – Two-Day Swing: 4850%

Even though it’s not even close to our only percentage gainer in the thousands, this round of options calls with VRX is certainly going down as one of our most solid picks of the year so far. Even if someone had only bought shares in VRX stock itself, they could have been up just over 22% on this two-day swing.

Groupon, Inc. GRPN

We want to place GRPN on recovery watch after noticing the stock coming up off a double-bottom, with a gap on the chart to fill to the upside, as you can see on the included snapshot.

We like to monitor plays in this position, so we’ll put it on our radars in the days and weeks ahead. Given the look of this chart, we’d classify this as relatively low-risk, low-reward in comparison one of our average plays.

Extended Watchlist:
DEST, LPSN, MSLI, SGMO, SYN, SYMX

Blue Horseshoe Stocks: Fresh News Plays & More

NuGene International, Inc. NUGN

We’ve been tracking NUGN for a few weeks now, with our most recent focus coming on the 15th of this month. The stock has been making a good bit of progress on the chart since rebounding off of support at 2.64 a few days later on the 18th, and we want to draw extra attention to it this morning as a new PR has hit the wires.

From that recent swing low, NUGN has regained ground back to Friday’s high of 3.48, which marks a 32% rebound in a span of seven trading days. We’ll want to keep an eye out for a continued uptrend from this point forward.

This morning’s interesting news involves NuGene’s Kathy Ireland® product line, which has been selected by a high-volume cosmeceutical  e-commerce store, LovelySkin.com, as a premier line of business for its online outlet which serves hundreds of thousands of customers. >> READ PR

Kraig BioCraft Laboratories, Inc. KBLB

We want to tag KBLB as we kick off this short trading week for a couple of reasons. The first of which is the positioning of the current KBLB chart, which as you can see from the following snapshot, is searching out a bottom as it has come down off off the second major swing in as many months. Twice this spring, the stock surged from the .035-area to a nickel or more.

We’ll be looking to get in on some of the rebound action should history attempt to repeat itself, and this morning’s PR could be a good start along that path.

KBLB has developed what it is calling its strongest recombinant spider silk substance to date. In fact, the wonder-material they are dubbing Dragon SilkTM is actually stronger than natural spider silk! We’ll be interested to follow this storyline along with the good chance of seeing some significant short-term gain opportunities. >>READ PR

American Green, Inc. ERBB

We tracked ERBB quite a bit back when it traded as Tranzbyte Corp., and now that it goes by the American Green moniker, we’re seeing the materialization of what could be an upcoming move on the chart. It would come in the form of a bottom-bounce play; as you can plainly see, the stock has been on a rather steady decline for the past few months.

In addition to being heavily oversold, the company has some fresh press out today:

TEMPE, AZ–(Marketwired – Jun 29, 2015) – American Green, Inc. (OTC PINK: ERBB) is very pleased to announce today that it has executed an acquisition agreement with TrackX, LLC (www.TrackX.com). TrackX, a Denver-based company, is one of the country’s leading providers of complete Radio Frequency Identification (RFID) tracking and cloud-based physical asset management systems. >> FULL PR

Extended Watchlist:
IAG, CBLI, SYMX, WYY, SYN

Blue Horseshoe Stocks: GEVO News, PTBI Review & More

PlasmaTech Biopharmaceuticals, Inc. PTBI

In Tuesday morning’s premarket report, we expressed our interest in PTBI based on some press, and the look of the chart. We expected to see a chance for a nice gain, but what followed has been much more impressive.

PTBI has become a multi-day runner; Tuesday’s session brought a move from 4.33-7.77, an intraday gain of 79%

Yesterday, the company came out with news of a new acquisition in the morning, and that certainly added fuel to the fire. After a gap-up we witnessed an early run from 8.71-11.15 (+28%). That high represented a two-day increase of 157% over our observed low of 4.33, and was followed by some consolidation in the afternoon leading to a close at 8.60.

The company published another press release post-market divulging details of a forthcoming private placement (Link Below), that is untraded-upon. Thus, PTBI is gapping up once again today, so we will be wary of the possibility for more price action similar to what we’ve seen so far.

Extreme Networks, Inc. EXTR

We’re going to put EXTR on our radars this week as a stock that was sent through the ringer after an analyst downgrade early last month, causing a big gap-down on the chart.

You can see it plainly on the snapshot we’ve included below. In addition, we can identify a couple of bullish indicators staring us in the face; the RSI is coming off of being oversold, while the MACD is upturned and showing divergence. The stock has been making higher highs and higher lows for two sessions running, and we’ll look for that to continue.

Gevo, Inc. GEVO

We also want to pay attention to GEVO after an interesting PR this morning that highlights an agreement with Alaska Airlines has sent the stock cruising to three-month highs in the premarket.

The chance for a dip-and-rip style play could present itself on the rebound after the profit-takers come out of the woodwork early in today’s session. For us to remain interested in GEVO, the stock will need to maintain support at or above its 50DMA of 3.23 on any pullback.

Extended Watchlist:
TSLA, BABA, QLTY, FRO, SYMX, AXPW