Tag: USU

Blue Horseshoe Stocks: CANV, ACHN, FREE & More

CannaVest Corp. CANV 

CANV is a stock that recently fell off of a cliff, and found itself trading at 52-week lows.  We like to monitor such plays during their recovery, which has already begun in this case. Trading near its annual lows, CANV appears undervalued, especially in light of the figures contained in the earnings report put out by the company yesterday.

Highlights included a Q2 net income of slightly over $8M, as compared to a net loss of $348K for the same quarter in 2013, and over $9M in cash on-hand. We suggest you read the release in its entirety >>> FULL PR

Check out these websites for some background on Cannavest (http://www.CannaVest.com) and its subsidiaries, which include US Hemp Oil, LLC (http://www.USHempOil.com), and CannaVest Laboratories, LLC (http://www.CannaVestLabs.com).. We’re always interested tracking a revenue-generating company in the cannabis sector, and CANV fits the bill.

The stock was trading as high as $20.00 just a few months ago; regaining even a portion of the ground it has lost from current prices in the mid-$3 range would mean the chance at a significant profit for nimble traders.

Achillion Pharmaceuticals, Inc. ACHN

ACHN is a stock we began to track earlier this summer (June 9th) as it was in the midst of a massive surge. At the time we caught it at a low of 3.72, and it ran to nearly $8 over just a two-session span. In the following months, it had been trading in a rough channel between the mid-$6’s and mid-$7’s, and just cracked over $8 yesterday for the first time in more than a year.

This morning’s PR regarding the company’s hepatitis C drug, which was been found to cure all patients in mid-stage trials is also contributing to a huge gap-up that has the stock pushing the $10 mark in the premarket. At that level, we’re already looking at a 168% move up from the the lows we observed in June, and we’re certainly going to have the stock on more intensive watch moving forward.


FreeSeas, Inc. FREE

After appearing in yesterday morning’s extended watchlist, FREE went on to break above the 50DMA at .66, and run 28% intraday from .631-.809.  We want to see higher highs and higher lows acheived as this is another play coming off of its 52-week lows. We’ll need to see it maintain support above the previous 50DMA of .66 in order to keep our attention.

The spike we’re seeing here comes in conjunction with yesterday’s announcement that FREE had regained compliance with Nasdaq’s minimum stockholders equity rule. >>> FULL PR

PBR Options Ideas:

Continuing our coverage of the PBR options chain, we wanted to throw out a few quick ideas as the week comes to a close. We may be interested in the August 22nd $15.50 and $16.00 Calls for a swing trade into next week.

Extended Watchlist:
USU, AMCF, MNDL, BDR, MGT, FSI

Blue Horseshoe Stocks: AAN, RFMD, FTNW & Extended Watchlist

Aarons, Inc. AAN – Options

One item of interest that we’ve been waiting to touch upon is AAN. We’ve watched as the stock has taken quite a beating over the past few weeks, and are presently scanning for a bottom. After losing so much ground over so short a time period, when support is found, the recovery on AAN could end up allowing for some rapid profits in the options chain.

While we need to first observe a solid base of support before setting our short-term call strategy, there are already a pair of longer-term contracts that we’re going to put on watch. The November 22nd $29 and $30 Calls (trading yesterday at 3.20 and 2.05, respectively) could see significant rises in value once a reversal occurs on the chart.

RF Micro Devices, Inc. RFMD

We brought RFMD up as a topic of discussion this past Friday, mentioning that the spike catalyzed by the release of record revenues was likely to lead to a classic ‘dip-and-rip’ scenario. That keen instinct has thus far paid off, as the stock did indeed dip to 10.74 before rebounding as high as 11.79 (+10%), achieving higher lows each day over the past four sessions.

As a result of the trend, we’re going to have our eyes on the September $12 Calls, which closed at .70 yesterday.

FTE Networks, Inc. FTNW

FTNW hit our news scanner this morning and will be a stock that we monitor as the trading session opens today. The PR alludes to some lucrative contracts, so we’ll be interested to see how it reacts to such significant press.

Extended Watchlist:
LPSN, FCEL, EVRY, ROSG, USU, JRN, TSLA (Earnings report)

PSID, DEWM, TTDZ & Extended Watchlist

Positive ID Corp. PSID

The timing of our alert on PSID yesterday turned out to be fortunate, as the stock reversed its recent trend and underwent a bounce just as we had suggested it might. After gapping up slightly from last Friday’s close at .06, it traded from .062 up to .075, a 21% intraday move. We saw higher lows and higher highs, which included a breach of the seven-cent resistance point we mentioned yesterday, and closed up 13% on the day having traded roughly 30% more volume than its 3-month average.

We’ll be looking for PSID to do as it did yesterday, making higher lows and higher highs, which would confirm that yesterday’s rebound was not an isolated event.

Check out the following video chart of PSID:

Dewmar International BMC, Inc. DEWM

We mentioned DEWM for the first time on February 10th, and on that day, observed a low of .0036. We couldn’t be much more pleased with what the stock has done since then, making higher lows and higher highs every single day. At yesterday’s high of .029, we were looking at possible gains of 705% from the low we witnessed just six sessions ago!

Big congratulations are in order for anyone who was able to take advantage of this awesome run by DEWM. We’re going to continue to follow the stock up while on the lookout for any signs of a pullback, which will eventually lead to what we feel could be some impressive rebound action.

Triton Distribution Systems, Inc. TTDZ

TTDZ first appeared on our radar on January 30th after we noticed a share reduction from 1.5B to 1.2B. Around that time the company was working to clear up an issue regarding its reporting status on OTC Markets, and has now attained Current Status once again. We’ve seen this stock come from a low of .0012 and run to .0049 (02/07). It followed that move with a consolidation down to .0021 (02/14), and yesterday found its way back to a high of .0049, where it closed.

Combining the two major runs we’ve seen from TTDZ in the 6 weeks we’ve been watching it, brings us to cumulative gains amounting to 441%

Extended Watchlist:
CHTP, LTBR, HL, SYN, OCLS, USU

GOGO, AZC, PHOT, CBMX & Extended Watchlist

GOGO, Inc.  GOGO

Yesterday after appearing as a focus in our morning report, GOGO responded by posting yet another solid performance. After sinking to a daily low of 27.11, we witnessed a 12% intraday move to 30.26 on twice the 3mo. average volume. That was followed by a strong close, as it held the majority of its gains at 29.70.

The following screenshot captures the activity of the options we were interested in: The 01/18 $30 Calls made a 78% intraday move, and with the way GOGO is trading up pre-market, it’s fair to expect these contracts to be pushed even deeper into the money, adding to our already impressive chances for profit.

Augusta Resources Corp.  AZC

AZC also had a positive showing after yesterday’s report; the stock traded in a range from 1.06-1.25, giving us the opportunity to bank up to an 18% gain. We were correct in assuming that this recovery play was worth our attention, and a return to pre-11/20 levels would still mean significant gains from where it sits now.

Growlife, Inc. PHOT

We’ve continuously covered PHOT for over a year now, and the stock has definitely brought us some prime opportunities for sizable gains, as a quick glance at the chart will show. A recent dip back to the .06-range has been immediately followed by a significant bounce. We are looking at resistance sitting at .095 and from there it has a good chance to re-test recent highs.

We’d like to see higher lows today to confirm that PHOT is indeed back on an uptrend.

To take an even more in-depth look at the PHOT chart, view the video we prepared this morning:

CombiMatrix Corp. CBMX

CBMX came off of yesterday’s extended watchlist to have a big day. The stock opened at 2.48, and would ultimately touch a high of 4.44, which was good for a 79% intraday rip. This came on roughly 48X times the 3mo. average volume, so a stock with this kind of momentum flowing through it will surely continue to be on our watchlist as we close out the week.

Extended Watchlist:
MRIB, ARIA, USU, PVG, POZN, ATRM, ONVO, OIBR,

Blue Horseshoe Stocks: Afternoon Updates

We wanted to take a minute this afternoon to display the success of a recent report, and possible gains resulting from the selections within.We are always compiling lists of promising plays, and more often than not, it turns out well for us.

One of the main things that sets us apart from our “competition”, is the fact that we continually scrape and scour the markets for any opportunities we can find, and then pass along to you. This is very unlike the majority of those competitors, who primarily mention plays for which they’ve been compensated. Our main concern is, as it has always been, being the best newsletter out there by providing the most variety, with only a small fraction of paid promotions (which we always disclose immediately). We know we toot our own horns quite often, but this is only because we are consistently and indisputably the best stock newsletter that we know of.

In addition to our daily focal points, we have coined the term “Extended Watchlist” for the sometimes huge variety of extra plays that we put on watch each day. Many of you have thanked us for the profits yielded by this daily secondary list of potential gainers. For instance, this morning, CLNT appeared on the Extended Watchlist and went on to make a massive move from 4.48-9.40, a possible gain of up to 110%!

But it doesn’t stop at the Extended Watchlist – Most of you will remember a scan we conducted on May 10th which showed stocks with recent Form 4 (Insider Trading) activity. The success of that scan will certainly lead us to conduct further Form 4 searches in the future. Take a look at the following stocks which came off of that watchlist and have increased in value since that time.

Central European Media Enterprises Ltd. CETV – Low Since Alert: 2.67 – High Today: 3.45 – Increase: 29%

EnteroMedics, Inc. ETRM – Low Since Alert: .85 – High Today: 1.15 – Increase: 34%

Great Lakes Dredge & Dock Corp. GLDD – Low Since Alert: 7.34 – High Today: 8.39 – Increase: 14%

Entravision Communications Corp. EVC – Low Since Alert: 4.40 – High Today: 5.21 – Increase: 18%

Usec, Inc. USU – Low Since Alert: .33 – High Today: .405 – Increase: 23%

As always, in addition to providing a vast range of our own selections, we are always open to reader input… If you have a stock that you think might make a good feature, by all means, drop us a line and let us know!

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