Blue Horseshoe Stocks: TWTR Options, ZAZA Earnings & More

Twitter. Inc. TWTR – Options

Part of our attention this morning will be given to TWTR, and, more specifically TWTR calls, as we’re catching the stock in the midst of rebounding off of it’s lowest price point since the end of July. The stock found support just shy of the $40-mark on Tuesday and registered higher lows and higher highs during yesterday’s session.

We’ll look to take advantage of a possible continuation of the trend using the TWTR options chain. The $42 and $43 weekly calls are going to be where we look for intraweek flip opportunities, and for a longer-term swing trade idea, we’ll track the December 12th $44 calls (Last Traded: 1.45).

If TWTR can fill the remaining gap on the chart to the $47-range before 12/12 we could be looking at a 100% increase in those calls from here, so it’s going to be something we’ll pay close attention to over the next month.



ZaZa Energy Corp. ZAZA

ZAZA has us on alert this morning as well; the stock is gapping up heavily on a post-market earnings release that included some interesting figures. The company has a conference call scheduled to begin at 10:00AM EST >>> Listen In via Yahoo! Finance


ZAZA’s Q3 Highlights

  • Total production of 54.8 MBOE, a year-over-year increase of 145%.
  • Revenues of $2.7 million, a year-over-year increase of 144%.
  • Total operating expenses declined by ~60%; G&A declined by ~30%.
  • Net income of $10.1 million vs. a net loss of $20.6 million.
  • Total debt declined by $7.7 million or ~8% over the past nine-months (3Q14 vs. CY13).

READ FULL PR >>>

We’re going to be monitoring this play for an early run-up on the untraded-upon earnings report, followed by a possible dip-and-rip scenario. We’ve sniped out rapid gains on both sides of the fence in situations just like this one, just by staying extra vigilant, so ZAZA will be another interesting play to follow as we close out the week.


Extended Watchlist:
SWET, DWA, ASTI, SAND, DNDN, BAXS (Big gap-down, radar for potential bounce)

Blue Horseshoe Stocks: APP, Social Media Updates & More

American Apparel, Inc. APP

As tends to happen each year, we’ve honed back in on APP at an opportune time. After seeing a low of .51 as recently as June 24th, this past Thursday saw this stock push past the dollar-mark. After another solid session on Friday wherein the stock reached as high as a 1.20, it appears as if APP wants to gap up once again this morning, touching 1.27 in pre-market trading. At that price, we’ve seen an overall move of 149% from this play in just three weeks.

There’s a chance that we could see a slight consolidation to fill the gap on the chart left on Friday (1.05-1.08) in which case we’d need to see APP hold support at or above the 1.05-mark. The chart still appears ripe, however, so it will interesting to see how this play kicks off a new trading week.


Twitter, Inc. TWTR
& Facebook, Inc. FB

Social media giants TWTR and FB began to heat up last week, as anticipation of upcoming earning releases has ramped up, and both stocks seem to be gapping up in early trading this morning. We’ve done very well for ourselves trading options contracts on each of these plays, and will be looking for more of the same as these current uptrends play out.

As far as TWTR is concerned, the next key resistance is sitting at 42.50, and our current scope of interest in Call options rests in the $39-$41 range. Should TWTR gain further ground as trading opens up for the week, those contracts could see an appreciable rise in value in just a short time. (Earnings Release Date: 07/29)

FB’s key area of resistance is around 68.50, and we’re interested in Calls at the $67-69 level. FB earnings will come sooner that TWTR’s by almost a week, with the announcement just 9 days away, so we’ll really want to keep a close eye on the action here. (Earnings Release Date: 07/23)


Solar Wind Energy Tower, Inc. SWET

SWET first appeared in our reports on June 13th, at which time we designated it a stock that was due for a pop, and that’s exactly what we got out of it. The stock rushed upward from our observed low of .0185 to hit .032 (+73%) a week ago. After a slight consolidation and finding of support at .0226, the stock has begun to inch up toward the .03-mark once again. To get there, we’ll need to see a break of resistance at Friday’s swing high of .0291.

This morning’s news could be of help, with the announcement of up to $100M in additional funding hitting press wires:

Solar Wind Energy Tower, Inc. Agrees to Accept up to $100 Million Additional Financing from Arizona Alternative Energy Center, LLC for San Luis, Arizona Tower


Extended Watchlist:
IMII, KNDI, PGNX, EXEL, JDST, WPCS, CREG, PSTI, ISR

Blue Horseshoe Stocks: 1st Annual WeedStock Conference Just Days Away!

Cannabis Industry Alert!

Time is running out for anyone who wishes to attend a huge event for the continually expanding cannabis sector! The start of the show is just days away!

Whether you trade marijuana stocks, are directly involved in the industry, or are simply interested in learning more and making valuable connections, this is the show for you. We’ve made a killing on cannabis stocks this year, and are so excited about where the industry is headed, we had to grab tickets to this landmark event.

In fact, if you’d like to set up a meet-and-greet with us at the show, just email your contact information to info@bluehorseshoestocks.com, and we’ll be sure to get in touch with you right away!

You’ll need your tickets first, and as a special bonus, you can input the coupon code PENGUIN at checkout and get $149 knocked off the bill! Get over to www.weedstockconference.com  to learn more and register right away.

We dont know exactly how many tickets are left, but we do know that the supply is very limited, so if you’re going to be in Denver this week, or can get there, be sure not to miss out on this epic event.


Twitter, Inc. TWTR -Options

Just to update our readers on a focal point from throughout the week; TWTR Option Calls continued to provide us with chances to gain on Thursday, as the stock made a significant move from the 39.80’s up to 42.00.

If TWTR can manage another bullish move today, we’d expect action in the $41-42 Calls to get rather interesting. The premarket has the stock trading just below $41, so we’ll need to keep our head on a swivel and gauge the trend as trading commences.