Blue Horseshoe Stocks: Recaps of PPCH, EGYH & More

Energy Holdings International, Inc. EGYH

EGYH presented us with a tremendous swing-trade opportunity after we began tracking the stock last week. It started off as a subpenny play, and following a low of .0081 a week ago today, it barreled its way past the one cent mark and well into pennyland.

The excellent five-session swing from .0081 to yesterday’s new high of .03 represents a move of 270% so congratulations to anyone who took advantage of even a portion of of those gains. We’ll continue to track the progress of EGYH provided it can maintain support above previous resistance at around .02.


Propanc Health Group Corp. PPCH

PPCH has appeared in our reports many times in the past, and most recently, we re-alerted and began tracking the stock at the end of last week. After an appearance in Friday’s extended watchlist the stock made its way down to a low of .0276 just prior to the close, and it hasn’t looked back since.

PPCH followed that swing-low with two consecutive bullish sessions, culminating in yesterday’s high of .0459 just before the end of the trading day. That registers as a 66% swing in slightly over two sessions, and it also logged considerably higher-than-average volume over that span as well.

We’ll look for PPCH to continue stringing together sessions of higher highs and higher lows, helped along by this recent surge in upward momentum.


Petroleo Brasiliero SA (Petrobras) PBR – Options

Speaking of old favorites, we’re revisiting another stock that has appeared numerous times (83 times including this morning, to be precise!) in our reports, and for good reason. Quite awhile back, we caught it coming off what was then its ten-year lows, and leveraged the recovery into thousands upon thousands in percentage gains via the options chain. If you’re a newer subscriber, feel free to go through our PBR archives to see just what we’re talking about.

We want to come back to PBR after all this time, because it has recently set a new 12-year low just prior to the beginnings of a rebound. The chart is ripening, as we’ve pointed out below, so we feel that now would be a good time to track some options calls.

To take advantage of a continued uptrend, we’re going to zero in on PBR Weekly $5.00 and $5.50 Calls for the moment. In the event that PBR manages to break past 5.75, we’d likely be looking at rolling our strike price up to the $6’s.


Extended Watchlist:
MNZO, ECRY, WSTI, RIG, AA

Blue Horseshoe Stocks: Reviewing EMBR, GROC & Much More

Great Rock Development Co. GROC

As we were mentioning in yesterday morning’s premarket report, we tagged GROC last Wednesday at a low of .0055, and saw the PPS run as high as .0124 on Friday (+125%).

To kick off this week, GROC would perform well once again, and be just one of several timely alerts in our morning report. The stock briefly traded at .0095 early on in the session, and it would go on to register a daily high of .0148, which represented an intraday rip of 56%, and a four-session swing of 169% over our observed low last Wednesday.

We’ll continue to monitor the situation, as GROC closed on twice its 3-month average volume and with strength, maintaining the majority of its daily advances at .0139.


Plug Power, Inc. PLUG

We noticed PLUG gaining some momentum off of a recent bottom, noting multiple consecutive sessions of higher highs and higher lows. We mentioned that we’d be on the lookout for that trend to continue into this week, and that is the way it has unfolded.

The other things we said we’d be watching for were the filling of a small gap on the chart around 2.00, and a testing of the 50DMA of 2.13, and we witnessed the occurrence of both. PLUG managed a nice, steady move from the $2-mark up to 2.33 for a solid 16.5% increase, so again, we’ll keep our eyes open for it to keep recording higher highs and lows.


Embarr Downs, Inc. EMBR

EMBR was another stock from yesterday’s report, the activity of which would provide the opportunity for multiple successful swing trades.

From an early low of .0014 it broke out to the high-of-day at .0024 for an initial 71% jump, and that was followed by a dip to .0018 and a run back to .0024 (+33%). Just prior to the close, one more chance would present itself with a pullback to .0017 and return to its closing price of .0022, adding the chance at an extra gain of 29%


Greenway Design Group, Inc. GDGI

GDGI is a super-subpenny that we tagged yesterday after noticing some activity off of its low of .0002, and that activity not only continued, but increased. Roughly between 10:30AM-12:30PM, shares could have been snapped up at that .0002-level, and the stock ended up running into the close at .0004 for a smooth, 100% gain!


Great Basin Scientific, Inc. GBSN

We also want to raise an activity alert on GBSN, a stock we entered into the log three weeks ago as a bottom-watch play. It continued to peel back, setting new 52-week lows along the way, and we included a reminder for folks not to let it slip off a couple of Fridays ago.

After a patient three-week wait, GBSN has finally showed us what we had anticipated; yesterday the stock broke out from .0523 to touch a high of .0785, a nice, round, 50% run! We’ll be watching intently now, to ensure that GBSN will continue to establish a higher base of support and undergo a more sustained recovery.


Extended Watchlist:
TPIV, WGBS, WSTI, KATX

Blue Horseshoe Stocks: ITEK Recap, Options Ideas & More

Inotek Pharmaceutical Corp. ITEK

Our report for yesterday brought a couple of nice opportunities, with ITEK standing out as the most impressive. We caught this play on our routine morning scan, after noticing some abnormally elevated premarket activity. The company had released some information regarding its glaucoma treatment exiting Phase II studies and laying a strategic path for Phase III, and needless to say, it was very well-received.

This wasn’t a blink-and-you’ll-miss-it sort of move either, with just a small move up to start the session, ITEK traded sideways for most of the morning. Just prior to lunchtime is when we started to see the beginnings of an epic intraday run, especially for a stock in this price range.

From a low of  7.66, the stock exploded to reach a daily (and new annual) high of 16.75, standing as a single-session surge of 119%  The overall move as of this morning’s premarket high of 18.20 registers as an overnight increase of 138%  Cheers go out to any of our readers who caught our alert!

Inotek Pharmaceuticals Announces Positive End-of-Phase 2 Meeting with FDA and Phase 3 Development Strategy for Trabodenoson, a Novel Treatment for Glaucoma (Thu, Jul 23)


WindStream Technologies, Inc. WSTI

It was Tuesday’s Letter to Shareholders that caught our eye in the premarket news feed, causing us to raise a flag on WSTI that morning.

We’ve covered it every day since, and have been rewarded with incremental gains throughout, with the stock recording higher highs and higher lows each session. Yesterday, we witnessed an intraday run from .0172-.0244, which yielded the chance at gains of up to 42% on the day.

From our observed low on Tuesday (the 52-week low of .0085) we’ve now seen an overall jump in WSTI amounting to 187% in just three session’s time. Refer to the annotated chart below to evaluate WSTI’s chances of making further advances from this juncture.


Friday Options Ideas

If you recall last Friday, we came up huge with an alert on Weekly GOOG Calls.  We mentioned how time-decay at this point in the week begins to evaporate premiums in contracts with a weekly expiration, and generates a high-octane volatile environment where big gains are often there for the taking for those who can assume a higher-than-average risk.  A 694% intraday run from one of the sets of contracts we highlighted in that report was there to prove our point.

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We’re going to venture a similar set of ideas this morning for Weekly AMZN Calls in the $575-595 range. The stock is gapping up hard this morning to the tune of 20%, thus we will have our eyes peeled for a classic dip-and-rip scenario.

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We’re also going to put a marker flag on Weekly FB Calls from $96-50-97.50. The stock is rebounding off of a pullback over the past couple of days, after performing extremely well for the majority of this month.


Extended Watchlist:
AMDA, ACRX, CALA, ICLD, CRGP(news), HERO(52-wk lows)