Blue Horseshoe Stocks: FPVD Breaks Out & More

Force Protection Video Equipment Corp. FPVD

We were just mentioning how we wanted to stay on FPVD’s trail yesterday morning, after the stock had shown us a nice 64% move on Tuesday.

We identified .036 as a key point of resistance that we wanted to see broken, and not only did that happen, but the stock smashed through and kept on running to an impressive new high.

It traded in a range from .022 on up to a nickel, for an intraday gain of 127% which occurred on roughly 7 times the three-month average volume. From our observed low on Tuesday, it represented a session-over-session swing of 198%

The previous resistance we mentioned at .036 will now be the level FPVD will need to hold support at or above in order to maintain our attention going forward.

Wal-Mart Stores, Inc. WMT – Options Idea

We’ve had some excellent fortune recently with earnings-related options plays in the retail sector, and the opportunity to take advantage of yet another one may be ready to present itself today in the form of WMT.

Increased revenue for the quarter has led the retail giant to increase guidance for the remainder of the year, and the news is causing a notable gap-up here in the premarket. As the activity unfolds, we’ll be looking to possibly take advantage of WMT Weekly $73.50-76 Calls.

Extended Watchlist:

Blue Horseshoe Stocks: Winning TSLA Calls, VGGL Recap & More

Tesla Motors, Inc. TSLA – Options

On Friday we mentioned some longer-term options-trading ideas for TSLA Calls, and it didn’t take more than a couple trading days for them to bear fruit.

As our regular readers are aware by now, we often like to monitor an entire range of strike prices following a key development, and TSLA’s earnings release last midweek provided the fuel for our success in this case. We pointed to 05/22 $230-240 Calls, and every set of contracts in that range made a sizable run from their lows on Friday to impressive highs during yesterday’s session. Here’s a breakdown of their performances:

$230 Calls  – Friday’s Low: 6.85 – Yesterday’s High: 13.50 (Closed: 10.30) – Max Gain: 97%

$232.50 Calls  – Friday’s Low: 5.32 – Yesterday’s High: 11.25 (Closed: 8.65) – Max Gain: 111%

$235 Calls  – Friday’s Low: 5.96 – Yesterday’s High: 10.60 (Closed: 8.70) – Max Gain: 78%

$237.50 Calls  – Friday’s Low: 3.16 – Yesterday’s High: 7.60 (Closed: 5.00) – Max Gain: 140%

$240 Calls  – Friday’s Low: 3.84 – Yesterday’s High: 7.50 (Closed: 5.75) – Max Gain: 95%

We are pleased with the progress we’ve seen thus far in these contracts, and we’re interested to see what the next nine trading days will bring leading up to their expiration.

Viggle, Inc. VGGL

Our next order of business this morning is to point out the solid move made by VGGL after we included the stock in yesterday morning’s extended watchlist. Catalyzed by favorable quarterly results (link below), it traded in a range from 3.00 to 4.24; a very respectable intraday move of 41%.

The spike came on roughly 25X the 3-month average volume and VGGL managed to close in the mid-3.70′s, holding the majority of its daily gains. Whenever we see a confluence of these two phenomena, we always want to keep our eyes peeled for a carryover of momentum into subsequent sessions.

52% Year-over-Year Revenue Growth and 116% Increase in Net Registered Users as Viggle Celebrates Its Three-Year Anniversary (Mon, May 11)

Plug Power, Inc. PLUG

Our longer-term subscribers might remember the epic run we tracked in PLUG when we caught the stock coming off its all-time lows near a dime back in 2013. The lowest price we observed following our initiation of coverage on this play was .135 on 02/28/13. It led us on a long and exciting journey to a high of 11.72 nearly a year later, and from then on has held a spot on our list of all-time best calls.

More recently, in 2015, PLUG has been on an overall downtrend that carried the stock to new annual low of 2.32. Yesterday, we observed PLUG coming up off of those lows and hitting a high of 2.65, so we’re going to re-radar this as a potential recovery play. If it can crack through the 50DMA of 2.66, we could be in line to see a more sustained uptrend.

We’ve illustrated the key resistance points on the following chart snapshot:

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Blue Horseshoe Stocks: Revisiting the Cannabis Sector

Marijuana Sector Heating Up Again

Last year at this time, we were in the midst of one of the most exciting times for an individual sector that we’ve ever witnessed. You’ll recall that the 2014 New Year brought the beginning of the first legal recreational marijuana sales in Colorado, and as a result the interest in cannabis and related stocks went absolutely through the roof. The months-long free-for-all was punctuated by dozens of ‘pot plays’ making astronomical gains, and it went down in the books as one of the most exciting mega-trends we’ve ever lived through.

While we don’t expect to see anything of that hype-fueled magnitude this year, we did notice a significant rise in activity in several of the marijuana stocks that we’ve tracked all throughout 2014 ramping up at the end of last week, so we thought this morning would be a good time to call some attention back to the legal/medical cannabis arena.

Friday’s list of gainers read like a symbol-for-symbol recap of our pot stock watchlist. Among those, the most impressive were ones that we are used to seeing make incredible moves:


*If you’d like to inspect our history with each stock, you can check the archives by typing  and replacing the blank space with whichever symbol you’d like to pull up. It will furnish you with a chronological listing of each article that we posted on a given stock. (Note that this method can be used for any symbol we’ve ever covered, making us 100% transparent- just another reason why we feel our newsletter is the best around)

We will continue to make the monitoring of the cannabis sector a high priority for us as we settle into the New Year. More and more initiatives are being voted on all the time, and as we’ve been saying since 2012, the legalization of marijuana throughout the United States is going to play out like a domino effect. With measures having passed already in a handful of states, and several more slated to address  various degrees of the issue on impending ballots, the landscape of the industry should be expected to change and grow dramatically into the foreseeable future. Like always, we’ll be ready to capitalize on that growth as it happens.

Energous Corp. WATT

We also want to do a quick follow-up on WATT, a stock that we initially tagged on Wednesday Dec. 24th at a low of 8.40 and the stock has been on an overall uptrend in the five sessions since that time.

On Friday the stock managed to close in the 11.30′s and in the premarket today, we have seen trades go off as high as 12.65; that marks an increase over our observed low totaling 51%, so big congratulations are in order for anyone that has been tracking this play along with us.

There’s also some news out today about an agreement with an established electronics company that could help WATT speed up its wireless charging solution’s path to market. That’s a story we will definitely need to monitor moving forward:

Extended Watchlist:

Blue Horseshoe Stocks: Happy Veteran’s Day

Achillion Pharmceuticals, Inc. ACHN

Those of you who don’t remember, we followed ACHN to enormous gains this past summer, beginning with our first mention of the stock on June 9th. After that time we actually saw this play run from a low of 3.72 to more than 13.00.

We re-tagged it in yesterday’s extended watchlist and were happy with the timing;  the stock traded in a range from 10.67 up to 12.95, a healthy 21% intraday move on more than four times the 1-month average volume.

Planar Systems, Inc. PLNR

We also wanted to do a quick update on PLNR. This stock came off of our extended watchlist on Thursday, and made a modest 15% move from 6.11-7.05, and it put up a similar performance to start the week yesterday.

We saw a move from 6.40-7.94, an intraday gain of 24%, and at the high, an overall increase of 30% from Thursday’s observed low.

Implant Sciences Corp. IMSC

We also want to keep an eye on IMSC today, as we’re seeing the stock gap up this morning on the heels of a PR that alluded to the securing of a contract with the United States Transportation Security Administration (TSA) that apparently could be worth up to $162M.

Extended Watchlist:

Blue Horseshoe Stocks: DRIO Update & More

LabStyle Innovations Corp. DRIO

After bringing us cumulative gains of nearly 150% over the course of two spikes since we first picked up on DRIO back on on August 26th, the stock continued to pile on the opportunities yesterday.

We saw it open at a .13 and make a solid 26% intraday run to .164 just prior to the close on nearly twice the one-month average volume. The chart still looks very good, with the RSI just having crossed above oversold status, and the MACD looking bullish as well. As we’ve pointed out below, we caught the bottom on this one perfectly, seeing a steady uptrend since our first tag of DRIO.

Hemispherx BioPharma, Inc. HEB

HEB showed continued resilience in coming up off recent lows after appearing in yesterday morning’s extended watchlist. The stock would trade in a range from .303-.364 on more than 12x the average volume. That was good for a modest yet solid intraday run of 20% and we’ll continue to keep it on our radar moving forward.

Yesterday’s run was fueled in part by the announcement that the company would be working with USAMRIID (U.S. Army Medical Research Institute of Infectious Disease) in studying the effectiveness of two drugs against the ebola virus. >>>Read PR Here

Alkame Holdings, Inc. ALKM

We’re observing significant trading action from ALKM in the pre-market this morning, catching it off one of our routine scans. We noticed the company had a notable distribution agreement in Hawaii this morning which you can >>Read Here. One look at the chart shows that ALKM has recently been recovering from its 52-week lows. This is a stock that we will definitely want to put on our radar as we head into mid-week.

Extended Watchlist: