Bottom-Watch Play, Special Reminder & More

Bluebird Bio, Inc. BLUE – Bottom Watch  

We’re kicking things off for this fresh trading week by sharing an interesting potential bottom-play find that we ran across today. Oftentimes when we see a stock beset by class action lawsuit news releases, where legal firms are essentially begging investors to cry foul, we are able to take advantage of the resultant selloff. More often than not, nothing truly damaging comes from these scenarios, and we have frequently been the beneficiaries of such situations.

We’re going to place BLUE on watch for a possible recovery as it has been beaten down to untenable low levels in recent weeks, becoming incredibly oversold. There is a massive topside gap on the chart, the filling of which could create some excellent opportunities in the weeks and months ahead.

We are going to signal the BLUE 05/21 $30-40 Calls for observation and track them over the next several sessions. When and if a bottom bounce goes into effect, things could get very interesting for those targets.
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Fresh Options Ideas: 
DISCA Weekly $50-52.50 Calls
CTB Weekly $49-50 Calls 


Don’t Miss Tomorrow’s Report! 

We also wanted to give our readers a reminder to check out tomorrow’s premarket report, in which we’ll be revealing a silver play with a ton of upside potential!

Precious metals are hot right now especially with a fresh round of government stimulus in the works, which could damage the strength of the US dollar, and the company we will be presenting tomorrow represents a prime chance to hedge against that outcome. Watch those inboxes or head over to BlueHorseshoeStocks.com to catch the report around 9AM tomorrow!


Extended Watchlist: 
GNMD, BTZI, BFCH, GTEH, EFIR, BRTX, XTRM, ABPR, VSQTF, BFARF

Solar is Red Hot

Keeping an Eye on Solar

This week has brought some very interesting plays in the solar energy sector. We’ve already seen big gains from SPI Energy Inc. SPI, JinkoSolar Holdings. Inc. JKS, and SunWorks Inc. SUNW, and would like to keep our eyes peeled for other opportunities in the arena which may be boosted by the volatility in those moves.

Yesterday alone, SPI went parabolic as it popped off from a low of 3.30 and hit 46.67 for an intraday run of over 1300%, SUNW ran from .73-4.57 (+526%), and JKS continued a month long run with a solid jump from 28.30 to 33.74 (+19%).

What this all tells us, is that a lot of eyeballs are sure to be flooding the solar space in coming sessions, and we’d like to formulate an options idea in the Invesco Solar ETF (TAN), which is presently flirting with a double top, the breaking of which would put it into blue sky territory. To make things interesting, we are going to place the TAN 10/16 $54-56 Calls on watch.
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Another Fresh Idea:
JEF 10/16 $17.50-20 Calls


Extended Watchlist:
JE, XTRM, CHNC, EVUS, BANT, DECN, BLLB, FSLR, CSIQ

More ADMQ News

ADM Endeavors Inc. ADMQ 

We are once again coming back to ADMQ to pass along the company’s fresh news from yesterday and today. We like organizations who keep their investors well-apprised, and ADMQ certainly fits that bill, with a lot of exciting developments of late.

Another OTC play, we came across this stock at just the right time, as it was coming off of its annual lows. It has been on a steady incline since then, hitting another new high of .09 yesterday. From our observed low of .032 on the heels of our ADMQ Special Report (07/22), we have now seen a rise of 181% in less than a month’s time!

We have also prepared a video chart on ADMQ that we suggest you watch now:


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FRESH ADMQ NEWS:

ADMQ CEO Acquires Shares of Common Stock on the Open Market – 08/11

ADMQ Expands on Tarrant County, Texas, Work Uniform Contract – 08/12


GalaxyNext Generation Inc. GAXY 

Our greater-than-usual covereage of the OTC Markets continues to have positive effects for us, with GAXY being the latest breakout play to come off of our extended watxchlists and go on to score multibag gains.

Following our initial alert on July 14th, we observed a low of .0025 n the stock. Yesterday, GAXY soared to a new high of .0274. That works out to a mammoth move of 996% and it came on ridiculously high volume. Cheers to anyone who was along for the ride!


Options Recaps 

We also had some fresh options ideas in yesterday morning’s report, and met with some solid movers there as well. Those targets were the MAR Weekly $93-95 Calls and the PLUG Weekly $11.50-12 Calls.

Here were the total possible gains in those plays on the day:

MAR Weekly $93-95 Calls
$93:
 2.32-5.30 (128%)
$94: 2.12-4.75 (+124%)
$95: 1.70-4.00 (135%)
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PLUG Weekly $11.50-12 Calls

$200: .59-.92 (77%)
$210: .36-.65 (+81%)


Fresh Options Ideas:
IGEN, XTRM, TLSS, SPCE