Blue Horseshoe Stocks: Successful Bounce-Plays & More

Recent Recovery Plays

As it turns out, Friday was a good day for us in terms of spotting stocks coming off of their recent relative lows that were ripe for a rebound. We tagged both APDN and MIL in that report, and in both cases we’ve seen extended signs of recovery.

Applied DNA Sciences, Inc. APDN – We’ve been familiar with APDN for quite some time, and were prompted to include it on Friday as a bottom-watch play after Thursday’s session had sent it hurtling off a cliff. Our observed low on Friday was 3.28, and as of yesterday high mark of 4.56, we had witnessed a 39% rebound.

MFC Industrial, Ltd. MIL - With MIL, we’ve seen a modest, yet healthy two-session swing of 13% ranging from Friday’s low of 2.63 to yesterday’s high of 2.97. We’re going to be very interested to follow its progress in the days ahead, as the chart still appears bullish.

In both cases, we’ll be looking for continued signs of strength with the recording of higher highs and higher lows going forward.


The Pot is Hot: Cannabis Sector Resurgence

We included Hemp, Inc. HEMP in yesterday’s premarket report as a result of the momentum that we’d noticed building up in the stock on Friday.

As our longtime readers are aware, we’ve been heavy followers of the cannabis space since its emergence a few years ago. While HEMP was the most actively traded stock on the OTC markets yesterday, we also saw a number of our other old favorites in the sector showing signs of renewed vigor as well. Among those were MJNA, GRNH, CBIS, MDBX, ERBB, TRTC.

We prepared a quick video containing some thoughts on the situation that we’d like to share, so be sure check it out:


Yesterday’s Other Winners:

Barfresh Food Group, Inc. BRFH – We tagged BRFH yesterday both for the positioning of the chart and the substance of the PR (link below)that the company released in the premarket. The result was a 22% intraday swing from .74-.90. This play will remain on our radars as the week progresses.

Western Graphite, Inc. WSGP - WSGP was another good call, as this super-subpenny performed an impressive dip-and-rip which culminated in an impressive intraday swing. After touching a low of .0003, we saw WSGP run as high as .0007; which registers as a 133% pop.


Extended Watchlist:
BSSP, LBSR, VGID, GDSI

Blue Horseshoe Stocks: LNKD, URBF Recaps & More

LinkedIn Corp. LNKD

If you recall, LNKD was gapping up heavily on an earning beat in the premarket on Friday, leading us to signal a range of options that we felt would provide ample daytrading opportunities early on; specifically, the Weekly $235-245 Calls.

The ensuing action made extremely notable gains possible right out of the gate, as each and every set of contracts within our target range recorded an appreciable intraday pop:

$235 Calls –  Range: 3.50-11.00 – Max Gain: 214%
$237.50 Calls -  Range: 2.10-8.56 – Max Gain: 307%
$240 Calls -  Range: 1.34-6.35 – Max Gain: 374%
$242.50 Calls -  Range: .90-4.20 – Max Gain: 367%
$245 Calls - Range: .42-2.76 – Max Gain: 557%

Our acumen with regard to selecting extreme potential options plays has been continuously improving, and has been a great way for us to add diversity to the methods by which we profit from current trends we see happening in the marketplace.



Urban Barns Foods, Inc. URBF

URBF was a great call for us on the stock side of things on Friday. We tagged this play for observation in our premarket report and were happy with the results.

After logging a low of .0027 right at the outset of the session, the stock spent the entire day pushing its upper limits en route to closing at the high-of-day (.0062). That represented an excellent intraday run of 130%, and it occurred on nearly six times the 3-month average trading volume.

We’ll certainly be keen to continue tracking a stock that closed with that type of momentum.


Viper Networks, Inc. VPER

VPER was another inclusion in Friday’s watchlist, and this super-subpenny showed some real signs of life after hitting rock-bottom at .0001 just a session earlier. The stock traded from a daily low of .0002 to .0004; a clean double-bagger. The move came in conjunction with the trading of just under seven times the 30-day average volume.


Applied DNA Sciences, Inc. APDN

Speaking of bottom-plays, we did a great job of catching APDN on Friday just as the stock was coming off of its lowest PPS since August. We observed a daily range from 3.28-3.82, which marked a 16% swing. After pulling back slightly into the close, APDN is gapping back up into the 3.70′s this morning. We’re going to be monitoring the stock for continued signs of a recovery as we begin a new week.


Extended Watchlist:
COBI, HEMP, HCTI, WSGP, WSTI, BRFH