Las Vegas Railway Express XTRN - Update
As we were just mentioning yesterday, a member of our daily live trader’s chat* allowed participants to snag gains of up to 300% on Tuesday as XTRN ran from .0003-.0012.
We also noted the immense volume flowing through the stock, along with a bullish close and suggested that a continuation of momentum was possible. Sure enough XTRN followed up one strong session with another, trading in an intraday range from a low of .001 and reaching as high as .0027, which works out to an intraday run of 260%
That is certainly a premium single-session gain opportunity that was available to all of our subscribers, but chatroom members* could have had a shot at the full two-day swing, which comes out to an incredible 800%
XTRN received an offer to be bought out and merge with XREE, another ‘X-Train’ company that runs scenic train tours, so we’ll be interested to see how that situation plays out.
*Do you subscribe to our mailing list? If so, you’re eligible to participate and/or observe our daily trader’s chats! Simply send a contact request to username ‘stocksumo’ and we’ll take care of the rest.
Best Buy Co. Inc. BBY – Options Idea
Post-earnings options ideas for high-profile companies have produced some of the biggest gains that we come across, so we want to formulate one for BBY today. A unexpectedly strong Q1 release has catapulted the stock here in the premarket where it has touched eleven-year highs.
We are going to be very interested to track BBY Weekly $55-58 Calls for potential swing trades, especially if the stock behaves predictably and executes an early dip-and-rip.
Bonus Idea – Abercrombie & Fitch Co. ANF
ANF posted a mixed earnings release, beating on sales but taking a heavy loss for Q1. Still, the markets as a whole seem bullish, and ANF is gapping up moderately in the premarket. We’ll be looking at the ANF Weekly $13 & $13.50 Calls.
With Bitcoin soaring to its all-time highs, it’s taking a lot of the related stocks along for the ride. In light of this, we want to hash together a bitcoin watchlist to keep an eye on amid this historic trend:
GBTC, CNXS, CCTL, HSHS, BTCS, BTSC
BCRX, AERI, SHLD, GES, IDXG