Month: August 2017

Blue Horseshoe Stocks: Celebrating 6 Years!

Happy Anniversary to Us!

First thing’s first- today marks the SIX YEAR anniversary of when we launched BlueHorseshoeStocks.com, our home on the web, and place to store and make available every single newsletter we’ve ever sent out during that time! We’ve unfailingly brought ideas to the table every trading day since then and want to take this opportunity to thank all of our readers who we value so much. From the most loyal who have been with us from the beginning, to every single person we picked up along the way. Cheers to all!

GoPro, Inc. GPRO

We put a set of options on watch for GPRO on Friday morning, and the potential single session gains that were there for the taking ranged from very good to downright fantastic!

Our highlighted range was the GPRO Weekly $9-10 Calls, and the intraday move that the stock itself made from a low of 9.31 up as high as 10.38, facilitated the following gain opportunities:

$9 Calls – Range: .34-1.35 – Max Gain: 297%
$9.50 Calls – Range:.13-.84 – Max Gain: 546%
$10 Calls – Range:.01-.40 – Max Gain: 3900%

As you can see, the chances for profits were exponentially greater, the higher the strike price chosen, but all around the idea turned out to be solid no matter what.

Eros International, plc EROS

We want to place EROS on watch as a possible bottom-bounce play this morning, after noticing a couple of different factors at work. The stock spent the past several sessions getting pummeled down to new 52-week lows, which in itself would be enough to catch our attention.

This morning we’re seeing a notable gap-up in the premarket, on the news that the Indian film company has entered preliminary talks with Apple to sell its entire content library. (>>View PR)

The stock was recently trading in the $14 range, and a return to that level does not seem out of the question, so we want to keep an eye on EROS as we kick off a new trading week.
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Extended Watchlist:
IIVI, AKS, XXII, CRNT, CLNT, ATHX, CYCC, XNET

Blue Horseshoe Stocks: SPY Options & More

SPDR S&P 500 ETF Trust – SPY

We’re projecting a solid day for the markets as a whole to close out the week as positive jobs numbers just hit, and usually in these cases, we like to use the SPY to get in on the action in the short term. We’re going to designate the SPY Weekly $247-248.50 Calls* as our contracts of interest.

Not only did hiring stay strong while jobless claims fell , but non-farm payroll gains exceeded expectations by a considerable margin, foreshadowing strength in US labor. To boot, the June Trade Balance figures came in and roughly $1.3B was shaved off of the expected trade deficit. All in all, these are several contributing factors that could certainly energize today’s session, and produce considerable intraday gain opportunities in our highlighted options.

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GoPro, Inc. GPRO

While we’re thinking of potential quick-strike options plays, we’ve got to take a look at GPRO, which is gapping up in the premarket this morning on the heels of its Q2 earnings beat, and strong outlook. We’ve been familiar with GRPO options in the past, although it has been quite some time.

Prior to these bolstered figures as well as an analyst upgrade from Morgan Stanley this week, GPRO shares had been somewhat stuck in the mud for most of the summer so far. An extended rebound could be in the cards, but for now, we’ll just track today’s activity on the GPRO Weekly $9-10 Calls*.
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*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every single time. Trading weekly options at the end of the week is an exceedingly risky proposition that should never be attempted by beginning or novice traders!

Extended Watchlist:
JSDA, PDLI, HDP, MTZ, SRNE, ARGS

Blue Horseshoe Stocks: SRMX Explodes & More

SkyFidelity Inc. SRMX – Recap
Although the dog days of summer made July a fairly subdued month, August has started off pretty well so far, with our first multi-bag gainer showing up in the form of SRMX. We included it in our premarket report yesterday morning after catching the PR the company released on a routine news scan, and were happy that we did.

SRMX, after releasing news of a potentially disruptive new product, went absolutely haywire, trading in an incredible range from .0043 all the way up to .024. That worked out to a fantastic single-session pop of 458%

SkyFidelity, Inc.’s (OTC: SRMX) subsidiary Tri Cascade, Inc., an Internet of Things (IoT) technology company, has created a 4G/LTE Gateway Hub that provides consumers with the ability to access the internet directly from a SIM-based 4G/LTE Super Router called the SkiQ. The Company has designed this innovative communication device that will disrupt the traditional communications hardware industry, making routers, modems, satellite dishes, set-top boxes and media boxes obsolete. (>>View Full PR)

Lumber Liquidators Holdings Inc. LL

The options idea we submitted on LL earlier this week has made some decent progress that we wanted to report back to our readers this morning.

The stock has strung together two bullish sessions since then which has facilitated the following moves in our highlighted target contracts, the LL Weekly $27.50-29.50 Calls. The listed lows were logged on Tuesday, and highs recorded yesterday.

$27.50 Calls – Range: 3.00-8.54 – Max Gain: 185%
$28 Calls – Range: 2.30-7.79 – Max Gain: 239%
$28.50 Calls – Range: 3.36-7.32 – Max Gain: 118%
$29 Calls – Range: 2.00-6.75 – Max Gain: 237%


Strategic Global Investments, Inc. STBV

We also put STBV on our radar yesterday morning and it too produced a positive move on the day. From its low of .0731 the stock ran as high as .145, an intraday rip of  98% which came on more than nine times the monthly average volume.

We’ll continue to keep an eye on STBV which is at multi-year highs and firmly in blue sky breakout territory.


Medical Transcription Billing Corp. MTBC
We also want to circle back to MTBC, which we’ve been tracking since the morning of July 17th. Shortly thereafter the stock saw a low of 1.08 and it hasn’t looked back.Yesterday it reached a new high of 2.39, which marks a 121% run through a period of just over two weeks. We’ll continue to stay on its track, as the company just posted a solid quarterly report which included a 55% boost in revenue.

Extended Watchlist:
ICNB, MVTG, ERBB, HIMX, PIXY, OCLR, ESIO, HLTH, BLPH