Tag: TMSH

Blue Horseshoe Stocks: PBR Updates & More

Options Updates

Petroleo Brasiliero S.A. (Petrobras) PBR

Yesterday morning, we let our readers know we expected more gains out of the PBR options we posted for tracking on Tuesday (PBR 04/01 $4 Calls), and we also provided a couple of weekly contracts to watch as well ($4’s and 4.50’s). As the stock continued its impressive rise, all of those ideas proved to be top-notch.

The 04/01 $4 Calls pushed their upper limit to a high of .89, which from our observed low of .13, marked a three-day swing of 585% as PBR traded up from 3.55 to 4.86.

The $4 and 4.50 Weekly Calls. also enjoyed big surges as well, as the $4’s traded in a range from .19-.80 (+321%), and the $4.50’s absolutely blew their lids, running from .02-.36; an incredible single-session run of 1700%

With PBR having gapped up to reach a high of 5.50 in the premarket this morning, we expect the values on all contracts mentioned to open up considerably higher once again, extending the total gains we’ve seen in the latter half of this week. We’ll also be monitoring $4.50-5.50 Calls today, doing so with extreme caution, which must be exercised by anyone attempting to trade weekly contracts on Friday.

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Abercrombie & Fitch Co. ANF

We also continued our coverage of the ANF Weekly $29-32 Calls in yesterday’s morning report, and the majority of those provided noteworthy intraday opportunities, despite having just delivered gains ranging from 200-386% during the previous session.

The single-session increases on some of those contracts managed to shoot even higher than they did on Wednesday!

$29 Calls – Trading Range: .96-2.20  – Max Gain: 129%
$29.50 Calls – Trading Range: .50-1.73 – Max Gain: 246%
$30 Calls – Trading Range: .30-1.32 – Max Gain: 340%
$30.50 Calls – Trading Range:   .26-.82 – Max Gain: 215%
$31 Calls – Trading Range: .08-.45 – Max Gain: 463%

Rejuvel Bio-Sciences, Inc. NUUU

The options plays weren’t the only calls from yesterday morning’s premarket report to post serious intraday moves on the day. We’ve been tracking NUUU for a couple of weeks now, and the decision to include it in our watchlist yesterday was a great one.

After dipping to a daily low of .0026, the stock enjoyed a healthy surge to a .0065 high-of-day, representing a move of 150% Cheers to those of our readers who were able to catch that timely alert!

Extended Watchlist:
FTNW, SIPC, BFRE, VOIL, TMSH, NWTR, SDOC

Blue Horseshoe Stocks: PBR, ACHN, TMSH & More

Petroleo Brasiliero S.A. (Petrobras) PBR

We’ll kick things off this morning with PBR once again, as the stock had another banner day and behaved very much like we suggested it might. Yesterday we mentioned that the PBR chart was looking ripe for further northward movement and that’s just what we got.

The stock itself broke back over $15, which led to some prime opportunities in each and every set of options contracts that we outlined in our morning report. We said we’d be looking at Weekly Calls from $14-$15 for quick-flip intraday opportunities, and they all offered up some serious gains.

The $14 Calls traded from .74 to as high as 1.09, a chance for traders to score up to 47% in profits. The $14.50’s made a nice move up from .34 to .75, good for a nice double-bagger and more at +120% The $15’s fared extremely well also, running a whopping 290% from .11 up to .43.

Even our contracts of longer-term interest, the 07/19 $15 Calls (which we caught at a low of .25) made a solid intraday move from .54-.84, a highly respectable 55% increase.

All in all, for options traders, PBR was a paradise on Monday, and we’ll be continuously monitoring the situation as the week progresses. Major areas of resistance appear on the chart at 15.50 and 15.85, so failure to pierce through that channel would certainly be a signal to us to take profits off of the table. In order to keep our interest levels high, PBR will need to maintain support above the 15-dollar mark.

Achillion Pharmaceuticals, Inc. ACHN

Appearing in yesterday’s extended watchlist, ACHN was another play with potential to start off a new week. After a significant morning gap-up, the stock would touch a low of 3.72 before running as high as 4.82, an intraday move of 30%

This morning the company came with a well-timed release concerning its Hep-C drug, and the stock continues to blow its top. The high this morning in premarket trading is 6.47, making ACHN one that we’ll definitely be interested to follow. Per this morning’s PR, there’s a timeline for the testing of this drug leading all the way up to the end of the year, so we’ll stick ACHN on our longer-term radar as well.

NEW HAVEN, Jun 10, 2014 (GLOBE NEWSWIRE via COMTEX) — Initial cohort of HCV-infected patients begin dosing with ACH-3422 for seven days. Clinical trials may continue evaluating 200 mg of sovaprevir for HCV-infected patients. Timelines for reporting proof-of-concept results with ACH-3422, a proprietary uridine-analog nucleotide polymerase inhibitor, during the fall of 2014 and initiating all-oral combination studies by the end of 2014 remain on track >>> FULL PR

TransGlobal Assets, Inc. TMSH

We’ve been following TMSH since last week, and have not been disappointed. The stock has played out a textbook dip-and-rip scenario for the last three sessions straight, offering up many opportunities to make gains.

Yesterday, it came down as low as .0079 before ripping its way up to .0128, a healthy intraday increase of 62% Provided it continues to trade in this manner, we’ll be looking to take advantage of any similar swings to the ones we’ve seen already. We want to see it make higher lows, and break through the channel of resistance between the previous two sessions’ swing highs (.0128-.0139).

Side Note:

Even with so much else to talk about today, we can’t forget about another cash cow in Apple. AAPL Calls have been providing us with some excellent opportunities in recent weeks as well, and we’re still highly attuned to that situation as well.

Extended Watchlist:
DNAX, SPEX, AVNR, SGMS, ATEA, TPLM, KNDI

Blue Horseshoe Stocks: PBR Update & More

Petroleo Brasiliero S.A. (Petrobras) PBR When we touched base with PBR on Wednesday morning, we mentioned that we were expecting some opportunities to come our way provided that the stock could hold support at or above its 200DMA (13.69).

We also showed interest in the July 19th $15 Calls, which, leading up to that point, had been trading in the .30-.38 range, and even ventured so far as to say that a double or triple could be possible. That move came rather quickly over the remainder of the trading week, as those contracts dipped as low as .25, and by the end of the day on Friday had come all the way back to close at .61.

For us, that represented an excellent three-session move, allowing gains of up to 144% for options traders. The stock itself made a modest move up also, to the tune of 8% from 13.62 to 14.77.

The PBR chart is still looking quite ripe, with several bullish indicators catching our attention. The RSI is strengthening rapidly, there appears to be a MACD cross in the making, and provided the stock can maintain support at or above the channel between the 50DMA of 14.19 and Friday’s swing low of 14.32, we like the chances of seeing even more gains from PBR.

For intraday/intraweek flip opportunities, we can look into the $14-$15 Weekly Calls, but granted the overall trend continues, a longer-term play will continue to be the 07/19 $15’s, which as we said, have already afforded us a double-bagger.

Shamika 2 Gold, Inc. SHMX

On Thursday, we added SHMX to the mix as a sub-penny play that had struck us as having some potential. As with the majority of stocks trading in the triple-zero range, SHMX is susceptible to rapid swings in price, and we saw that first hand as we closed out the week. On Friday, the stock saw a low of .0003, and a subsequent upswing to its closing price of .0005.

That made it possible for traders to nab a quick profit of 67%  We always want to be extremely cautious when dealing with volatile plays in this price range, as they are not for the faint-hearted. Quick-strike trades are the order of the day, and for more skilled traders, proper timing of each dip and rip can lead to gains really piling up.

Extended Watchlist:
TMSH, TBEV, IDIX, ACHN, SQNM, DRL, PGNX, PFIE, LIVE