Blue Horseshoe Stocks

Blue Horseshoe Stocks: DPW Recap & More

Digital Power Corp. DPW

We began to track DPW in Monday’s premarket report, and with the help of a key Bitcoin related PR, the stock has performed quite well since then. We suggested that Monday’s bullish activity could be followed up with more of the same in yesterday’s report, and that’s certainly what occurred.

DPW traded in a daily range from an early low of 2.70, all the way up to an afternoon high of 4.27, marking an intraday burst of 58% As measured from our observed low of 2.15 on Monday, that high represented a two-day swing of 97%

We will once again track this play very closely, with Bitcoin streaking to new all time highs yet again, touching $12,798.78 shortly after 8AM Eastern this morning. The company just released plans to launch a line of Bitcoin mining hardware, and anything related related to the space should continue to be a hot ticket item amid the current crypto-craze.

American Eagle Outfitters, Inc. AEO

We’ve come to rely on going after big options trading opportunities, especially after a company releases its earnings. Despite having fallen short of Q3 expectations for profits and revenue, AEO posted solid same store sales growth, and issued promising guidance.

As a result, the stock has continued its recent bullish run, and we’re going to want to signal the AEO Weekly $16.50-17.50 Calls for observation over the remainder of the week.

Titan Pharmaceuticals, Inc. TTNP

We’re going to place TTNP on watch this morning as a potential bottom play. One look at the chart snapshot below clearly shows that the stock is currently exhibiting a strong double bottom signal. We can also see the nearly 100% move it recorded in recent months. We’ll be looking for similar activity in coming sessions.

Extended Watchlist:
ICON, GLBL, XCO, MYSZ, VKTX, JUNO

Blue Horseshoe Stocks: DPW, PTOP & More

Peer to Peer Network PTOP

We originally alerted on PTOP on the morning of November 8th, well before the huge run that the stock would launch into weeks later on the back of bitcoin-hysteria. Our observed low on this crypto-related play was all the way down at .0004.

Flash forward to this week, and PTOP has been launched to new highs as Bitcoin itself continues to set new all-time highs, this morning hitting $11,855.73 shortly after 8:30am eastern.

Yesterday the stock hit .014, marking a 3,400% increase from our witnessed low, in a matter of just twelve trading days!

Digital Power Corp. DPW

We signaled DPW, another crypto play, in yesterday mornings premarket report, and it too surged to new highs with the help of the continued bitcoin explosion, as well as the company’s unveiling its subsidiary’s plans to launch a line of line of advanced hardware for digital mining of cryptocurrencies, including Bitcoin.

Our call came just in the nick of time for us to catch a very solid intraday run from DPW, which traded up from a low of 2.15 to a high of 3.49, recording a 63% intraday push to the upside. It’s also closed at its high of day on heavy volume./ Coupled with this morning’s new all time highs for Bitcoin, and we have the conditions necessary for this stock to continue its bullish ways.

Eagle Bancorp, Inc. EGBN

After realizing that EGBN had been the target of short-seller manipulation, we reported this to our readers yesterday morning, and placed the EGBN 12/15 $50-60 Calls on watch “for what should be a forthcoming recovery”. We’ve already seen our take on the situation vindicated in one session, as the stock rebounded predictably after having taken a nosedive on Friday.

That resulted in a good start to our extended-term recovery options ideas, with the following intraday gains being posted:

$50 Calls – Range: 4.40-7.60 – Max Gain: 73%
$55 Calls – Range: 1.80-3.90 – Max Gain: 117%
$60 Calls – Range: .40-1.20 – Max Gain: 200%

Extended Watchlist:
EYES, COLL, GIII, SNAP, RGC,

Blue Horseshoe Stocks: RIOT, EGBN & More

Riot Blockchain, Inc. RIOT

We began tracking RIOT on November 2nd at a low of 6.33, mentioning it three times over the course of the next month. The stock saw a massive run ending last Monday hitting a high of 21.76, for a hefty move of 244%

It spent the rest of the week beginning to rebound off of the pullback to the $12-range which followed that huge spike, and is presently trading back in the $16-range. We’re going to want to continue to keep an eye on this blockchain related play, as almost anything even remotely tied to the white-hot sector has a chance to see further surges at any time if the price of BTC sees more new highs. As of this morning, one Bitcoin is worth just over $11,000USD.

Verizon, Inc. VZ

It has been a very solid run for VZ since we signaled a range of contracts to observe on the morning of November 17th, the VZ 01/19 $45-48 Calls. We saw the stock trading at 44.62, and that was followed by sessions after session of new highs leading all the way through Friday, when it reached 51.55.

We wanted to provide yet another update on the total ranges of gains that were available in our options idea in the two weeks we’ve been tracking it now:

VZ 01/19 $45-48 Calls
$45 Calls – Range: 1.08 -6.40 – Max Gain: 493%
$46 Calls – Range: .59-5.48 – Max Gain: 829%
$47 Calls – Range: .39-4.56 – Max Gain: 1069%
$48 Calls – Range: .23-3.34 – Max Gain: 1352%

Eagle Bancorp, Inc. EGBN

We noticed an interesting set of events playing out with EGBN- the stock absolutely fell off a cliff last week, tumbling from nearly $70 on Wednesday, to the low $46-range on Friday. Apparently it was the result of a hyped up short seller report by Aurelius Value, an anonymous online firm that supports short-sellers. The company published a statement of its own calling the report “a deceptive and materially misleading piece“.

We tend to give credence to the actual company’s public statement rather than a group of shorts hiding behind a curtain somewhere. That’s why we’re going to place the EGBN 12/15 $50-60 Calls on watch in the days and weeks ahead, for what should be a forthcoming recovery in EGBN.

Extended Watchlist:
APRN, ASNA, CHFS, DPW, MDGS, PXS, UUUU, RSLS

Blue Horseshoe Stocks: VZ Update & More

My Size, Inc. MYSZ

We had MYSZ in our extended watchlist last monday, and the stock mainly traded sideways for the ensuing few sessions. We re-tagged it yesterday after noticing that the party had finally started, and the result was a very nice trading range on the stock.

From a low of .66 earlier this week, MYSZ reached a high of 1.28 during yesterday’s session, representing a move of 94% over just a short time span. The stock also traded record volume yesterday, se we’ll be sure to keep an eye peeled as we finish out this trading week.

Verizon, Inc. VZ

We’ve had a ton of success stories on the options front recently, and VZ has quickly grown into one of the top performers of the bunch. When we signaled a range of contracts to observe in the VZ chain on November 17th, the VZ 01/19 $45-48 Calls, the stock itself traded for as little as 44.62. After a nearly continual bullish streak for the past couple of weeks, the stock has gone on to hit a high of 51.09.

That move has of course rocketed our selected contracts to astronomical highs. When we last updated their progress on Wednesday morning, they had offered gains ranging from 240-575% but thanks to two more solid sessions, those figures have been extended considerably.

VZ 01/19 $45-48 Calls
$45 Calls – Range: 1.08 -6.05 – Max Gain: 460%
$46 Calls – Range: .59-5.03 – Max Gain: 753%
$47 Calls – Range: .39-4.00 – Max Gain: 926%
$48 Calls – Range: .23-3.18 – Max Gain: 1283%

Extended Watchlist:
DPW, GLBS, AMBA, RIOT, CPL, IPDN, ARGS, MYO, OSTK

Blue Horseshoe Stocks: Recaps, Fresh Ideas & More

Chipotle Mexican Grill, Inc. CMG

Our extreme success on the options front continues. We cited the CMG chart setup as the reason for wanting to have our eye on the CMG Weekly $297.50-305 Calls yesterday morning, and were very pleased with the intraday performance we witnessed. It also didn’t hurt that the founder stepped down to make room for a new CEO, which went over well with the investment community.

Regardless of which strike price was chosen, there were some serious multi-bag single-session gains there for the taking:

$297.50 Calls – Range: 1.50-8.10 – Max Gain: 440%
$300 Calls – Range: 1.15-6.50 – Max Gain: 465%
$302.50 Calls – Range: .77-5.00 – Max Gain: 549%
$305 Calls – Range: .54-3.83 – Max Gain: 609%

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Fresh Idea:

The Kroger Co. KR – We want to signal some options to watch for Kroger as well after the company tidily topped 3Q forecasts with this morning’s earnings report. We’re going to be looking to the KR Weekly 25.50-27.50 Calls to try to take advantage of the conditions. We’re also anxious to listen in on the conference call slated for later this morning.

Crypto Recaps

Whatever you refer to it as, virtual currency, digital currency, or cryptocurrency, the rise of Bitcoin has fueled a hugely popular market sector, and caused many small companies to shift focus to attempt to capitalize on what has become pure hysteria. Bitcoin breached $11,300 yesterday, and as a result, some of the BTC-related plays we’ve tagged have enjoyed really nice moves on the chart.

Integrated Ventures, Inc. INTV – Having recently lauched its bitcoin mining efforts, INTV is a stock that we slated for observation in our watchlist yesterday morning. The stock responded with a solid run from .551 to .97, marking an intraday pop of 76% on more than ten times its monthly average volume.

Peer to Peer Network PTOP – This one appeared in our watchlist earlier this month on the 7th. We came early to the party on this one, but with Bitcoin setting its new all-time high once again yesterday, it woke up in a big way. That included a serious intraday move of 1780% as PTOP traded from a low of .0005-.0094. It represented the stock’s highest price in three years, and a new all time record high volume, with over 400 million shares changing hands on the day.

Extended Watchlist:
RAD, MYSZ, RYB, MIK, ADMP, BOSC, IBIO, SNAP