Month: June 2015

Blue Horseshoe Stocks: LNKD Options Update & More

LinkedIn Corp. LNKD – Options

A week ago today, we formulated some options ideas for LNKD including a range of longer-term contracts for our watchlist, specifically August $220.00-230.00 Calls. This morning we wanted to give an update on the trading ranges of those contracts and the opportunities they have afforded us thus far.

08/21 $220 Calls – Range: 9.80-14.30 – Max Gain: 46%
08/21 $225 Calls – Range: 8.02-11.30 – Max Gain: 41%
08/21 $230 Calls – Range: 5.10-9.35 – Max Gain: 83%

We want to keep in mind that we essentially have all summer to continue monitoring these contracts. The swings we’ve seen up to this point could just be the tip of the iceberg, so we won’t let LNKD slip off of our radars. The stock has been on a steady rebound from recent lows since the end of May. We’ll be looking for it to continue to building the chart with higher highs and higher lows; key resistance is presently sitting at the 50DMA of 226.39.

Medican Enterprises, Inc. MDCN

We also need to remind our readers of a recent bottom-watch call we made in the form of MDCN. This cannabis-related play has appeared in our reports several times; most recently on May 26th. At the time we mentioned that the stock was searching for support after a months-long downtrend, and that we felt the possibility of a rebound was forthcoming.

While it took several sessions to occur, MDCN finally found its legs yesterday with an 85% swing from .0013-.0024. It closed with strength, maintaining more than 50% of its daily gains on heavy volume, so we’ll definitely continue to observe the action here for the possibility of a multi-day run.

TapImmune, Inc. TPIV

Another stock that we tagged earlier this spring has been making serious moves. Just to update, we tagged TPIV on April 16th and at the time the stock was trading below .20. Since then, it has increased more than three-fold, now pushing its way up into the mid-.80’s.

This stock could produce ample bounce-play opportunities when it finally does consolidate off of this latest run-up, so we’ll put it on closer watch into next week.

Extended Watchlist:
CTIC, BLDP, CYTX, MNKD, CANF

Blue Horseshoe Stocks: TPHX – Potential Bottom-Play

Tanaris Power Holdings, Inc. TPHX

We’ve got a new item of interest this morning; TPHX represents both a potential bottom play opportunity on the chart, as well as a company that has an established product line, operating in an interesting space.

We’ve seen many purveyors of lithium-ion batteries before, but this is the first company we’ve ever focused on that applies the technology to cells designed for industrial automotive use. TPHX‘s product line is pictured below:

TPHX‘s battery modules feature industrial-duty, fully sealed enclosures, have a 3-5x longer run-time than their traditional lead-acid counterparts, and they weigh up to 70% less. The units are backed by a 5-year warranty, which we think demonstrates Tanaris’ commitment to the consumer, and confidence in its products.

The key component in all of TPHX‘s Li-Ion units is the advanced battery management system (BMS), which acts like the ‘brain’ of each battery. Using sophisticated algorithms that manage the safety systems, internal diagnostics, and operational control logic, the the software system maximizes the performance and overall life of the batteries. The BMS also lends the ability for customization for virtually limitless applications, and come with a lifetime guarantee.

Additionally, the company recently announced the launch of a brand new line of batteries with the capacity to exceed the energy density of its existing modules by as much as 40% >> VIEW PR

We’ll be interested to follow the TPHX news wire moving forward for updates on these technologies.

CHART:

Getting down to the TPHX chart, we have the potential for a classic bottom-play here. The stock is trading near its annual lows, and is beginning to look quite oversold.

The setup is similar to SOPW, the bottom play we called on Friday which had also undergone an extended period of unsustainable consolidation. It seems as if TPHX  could also be nearing that point, so we’re going to tag it for close observation.

On the following snapshot of the chart, it’s easy to identify the potential for a substantial move from this stock. A return to pre-June PPS levels from this juncture would yield gains on the order of 200% so we’ll definitely be watching out for a possible rebound.

We prepared a video chart for TPHX:

More Information @ http://tanarispower.com

Blue Horseshoe Stocks: SOPW Recap & More

Solar Power, Inc. SOPW

On Friday, in a stroke of flawless timing, we highlighted SOPW as a potential bottom-play. The stock had been in virtual freefall for the better part of the past month. The combination of that heavy overselling and a morning PR announcing a 6-month, $50M share buyback program earned the stock top billing in our premarket report. >>> READ PR

It turned out to be a great decision, as SOPW registered a solid intraday move from 1.47-1.98 (+35%), and it managed to close just one tick below its high of day, at 1.97.

That performance firmly qualifies this play for continued observation this morning as it has effectively gone from a bottom play to a momentum play. We’ll want to be on the lookout for the possibility of some early profit-taking and consolidation, followed by a subsequent bounce.

There’s a fresh PR hitting the wires this morning that folks might want to check out >>TODAY’S PR

Auri, Inc. AURI

AURI was a great play for us at the beginning of last week as it gave us an opportunity to bank gains of more than 100%. Following the huge spike, we left off on Tuesday by mentioning that we’d “keep our eyes on the price action as the week progresses” and it was a good thing that we didn’t let it slip off of our radar.

AURI came down to ultimately find support at .0027 on Thursday, and on Friday it surged back to a high of .0061, so anyone who continued to pay attention had the opportunity to take advantage of a 126% swing.

Pervasip Corp. PVSP

We also want to do a quick recap of PVSP’s performance from Tuesday to Thursday. We’ve covered this play quite a bit this spring, and on Monday, we warned our readers that another upswing could be in the making. We certainly did see one, as PVSP ripped from its low of .0009 on Tuesday past the penny-barrier to a high of .0015 just two sessions later; it marked an intraweek move of 66%

Moving forward, we’ll want to see the stock continue to build higher lows, ideally holding support at .001 on any pullbacks.

Extended Watchlist:
BLDP, PTBI, MXL, PTN, GALE