Blue Horseshoe Stocks: INMG New Highs & More

Global Payout, Inc. GOHE – News Update

We want to relay an excerpt from a fresh PR that hit the wires from GOHE this morning. The last update we provided was concerning the issuance of a licensing agreement of the company’s wholly -owned subsidiary, MoneyTrac Technology (>>View PR), and this morning’s press goes into deeper detail on MoneyTrac’s adoption of a new finance platform to service, among others, the cannabis industry.

GOHE’s foray into the cannabis sector is still in its beginning stages, but that’s one of the the aspects of this play that makes it attractive to us. With properly and aggressively executed plans, like the ones we’ve seen thus far, the company can make a name for itself in this still highly impressionable market space.

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TODAY’S NEWS:

SAN DIEGO, CA–(Marketwired – Apr 19, 2017) – Global Payout, Inc. (OTC PINK: GOHE) (the “Company”) is pleased to announce that its wholly owned subsidiary, MoneyTrac Technology, Inc. (“MTT”) has selected the Virtu Network Solutions (“VNS”) brand to provide MTT with the financial technology platform MTT will utilize to service their clients in the alternative banking sector.

VNS offers a banking and payment platform uniquely tailored for companies and businesses in industries often viewed as “high-risk,” such as those in the cannabis industry, which is at the core of the MTT’s target market, and offers a state-of-the-art web-based platform for electronic payment processing, banking integration and e-wallet capabilities. In addition to these features, the VNS banking and payment platform also provides users with a “virtual currency type network” system that features stringent compliance and regulatory processes that the Company believes is an ideal solution for numerous cannabis-related businesses across the U.S. that are currently in need of payment processing solutions outside of those offered by traditional banks. (>> View Full PR)

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For more info on GOHE visit www.globalpayout.com


Innovativ Media Group, Inc. INMG

On Monday, after already tracking INMG over a series of multi-bag moves, we mentioned that the stock had built up quite a bit of momentum to close out the short week, and that we were interested to see how that carried over into this week.

It took an extra session for the next big move to begin, and it lasted for the duration of yesterday’s trading, as the stock shot up from a morning low of .006 and reached .014 for a fantastic intraday move of 133% It marked the third separate multi-bag upswing for INMG inside of the last week!

Once again the stock closed near to the high of day (.0136) on excessive volume, so we’ll continue to follow the INMG story as we head through midweek.


Morgan Stanley MS – Options Ideas

Morgan Stanley eviscerated earnings estimates with their premarket release, posting strong Q1 profits and as a result the stock is gapping up in the premarket after recently coming up off of a swing low just above $40.

We’re going to sit on the fence with two sets of options ideas in the hopper, that we’ll be able to make a decision on once regular trading commences. If MS hold support at or above the 41.00-level on any pullback, we’ll look to the MS Weekly $41-42 Calls. If the stock fails to break 43.50 on a possible run-up, we’ll shift gears and look to the MS Weekly $43.50 and $43 Puts.

Blue Horseshoe Stocks: BVTK Pops Again & More

Bravatek Solutions, Inc. BVTK

BVTK was among our mentions in Wednesday’s premarket report after it was unearthed in our chatroom* the previous morning before making a 500% move.  Those who missed that run got another chance right away as the stock ran from .0009-.0035 that afternoon, and topped out at .0041 to close out the short week on Friday. That added another two-day swing of 355% to the activity we had observed in BVTK, which was followed by a pullback to .0015.

Once again, to kick off the new trading week yesterday, BVTK began to run, returning to a high of .0034 on the day, representing yet another two-day upswing out of this volatile runner amounting to 127%  The stock ended the session having traded roughly three-and-a-half times its monthly average volume. Things could get very interesting if it can manage to crack resistance at the previous swing high of .0041.

The company filed an 8-K this morning as well , pertaining to an agreement with i3 Integrative Creative Solutions, pursuant to which i3 Integrative will promote and solicit commitments in the United States federal government military and civilian markets regarding the Company’s cybersecurity email software and telecom services. (>>View Filing)

*We encourage all of our readers to join in on our daily in-session live chats. To participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.



Bank of America Corp BAC – Options Ideas 

Whenever we spot an opportunity to swoop in post-earnings with some options ideas, we jump on it right away, and that’s what we have with BAC this morning.

We haven’t highlighted this stock in quite awhile,but with a very solid beat on earnings and a small gap-up in the premarket, we’re going to want to signal a couple of short term contracts for observation in the BAC Weekly $22.50 and $23 Calls.

In the event that a more sustained rebound is in the cards, considering the fact that BAC was already coming off of a relative bottom just yesterday, we’ll have the BAC 05/12 $23.50 & $24 Calls on watch as well.



Bottom-Watchlist

We want to put an observational tag on both Sorrento Therapeutics, Inc. SRNE and OncoMed Pharmaceuticals, Inc. OMED.  Both of these stocks have taken serious beatings of late, and consequently, are in extreme oversold territory. Chances for recovery plays here seem quite high, so we’re going to watch for these to establish higher lows in sessions ahead.


Extended Watchlist:
JAMN, MYDX, CAB, SSYS, BIOC, NFLX

Blue Horseshoe Stocks: INMG Recap & More

Innovativ Media Group, Inc. INMG

On Wednesday, just a day following news that the company had acquired a property in the cannabis space, INMG impressed by running 195% from .0019 to .0056. Participants in our daily live trader’s chat had a chance to get in on those gains, as we were mentioning in Thursday’s premarket report.*

But the party was only just getting started, and Thursday’s session proved to be every bit as exhilarating. INMG traded up from its morning low of .005, and managed to crack through the penny barrier to reach a high of .012 on the day. That was good for another multi-bag intraday move of 140% and extended our total two-session observed range on INMG to a walloping 532%

The move came on more than nine times the 30-day average volume, and the stock held a penny into the close, maintaining well over half of its daily advance, so we’ll be very interested to see how that head of steam transfers to this new trading week after a three-day weekend.

*We encourage all of our readers to join in on our daily in-session live chats. To participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.


4/20 Cannabis Watchlist

We’re heading into 4/20 week, with the holiday coming up on Thursday. For the uninitiated, 4/20 (“Four-Twenty”) has been a marijuana counter-culture holiday for decades, and in recent years as the legal cannabis space has really taken off, it has been taken to a new level through viral marketing events, festivals, celebrations, and targeted ad campaigns.

We would expect the frequency of press releases (and with them, increased visibility) from companies operating in or around the space to rise over the course of this week. We would also expect subsequent heightened activity in many cannabis stocks. 

In accordance with these expectations, we’ll put the many cannabis stocks we track on a routine basis on even closer watch. Stocks like CBIS, OWCP, RMHB, SGDH, TRTC, and more, will be high on our watchlist this week.


Extended Watchlist:
GIGL, GSAT, HTGM, BLPH, ADPT, NVCR, SPU

Blue Horseshoe Stocks: ADPT Review & More

Adeptus Health, Inc. ADPT

We tagged ADPT in yesterday morning’s report after noticing some abnormal price action and volume in Tuesday post-market trading and in the premarket. It’s the first time we’ve ever mentioned the stock in our long history, and it set the bar high with an excellent rip right out of the starting gate.

The stock shot up like a rocket from a low of 1.12 to a high 3.70, which works out to a 230% pop. Following that huge morning run the stock pulled back and is searching for support, but with the kind of volume and activity we witnessed yesterday, we won’t write this one off entirely. The potential for another bounce is definitely there.


Bravatek Solutions, Inc. BVTK  – We were just mentioning yesterday morning how a participant in our chatroom raised a flag on BVTK Tuesday before it went on a huge run of more than 500% on enormous volume. That momentum carried over really nicely into yesterday’s session, as the stock traded in a range from .0009 early on, all the way to a new high of .0035.

That 288% intraday pop coupled with the previous days enormous increase reinforces what we’ve been talking about in terms of certain plays in the subpenny arena being on fire right now.

To further enhance our point, the big gainers didn’t stop there for the daily trader’s chat. We picked up on a key PR put out by Innovativ Media Group, Inc. INMG tying them to cannabis shortly following the opening bell yesterday, and that put up an impressive performance for the day as well, running 195% from .0019 to .0056.

This call was made well after our premarket reports hit the wires, which demonstrates why we encourage all of our readers to also join in on our daily in-session live chats. Once again- to participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.


Celsion Corp. CLSN

We also want to flag CLSN, which put out an interesting PR this morning pertaining to preclinical studies on its bladder cancer treatment under development. (>>View PR)

Meanwhile, the stock itself has been stair-stepping up off of its bottom since February, and must return to the 1.00-level or face delistment from the NASDAQ. We’ll be interested to keep an eye on this play in the weeks and months ahead.


Extended Watchlist:
EARS, RTTR, STAF, AVGR, TVIA

Blue Horseshoe Stocks: NADL Update, Options & More

North Atlantic Drilling Ltd. NADL

NADL topped our list of potential bottom-plays in yesterday morning’s premarket report, and it ended up being the primary runner of the day.

We picked up on the stock on a routine scan, after noticing a sizable gap-up in the morning, coupled with the fact that the stock had been repeatedly beaten down over an extended period. All the signs seemed to be pointing toward a significant day for NADL, and that’s exactly what transpired.

The stock traded in a daily range from 1.73 on up to 2.87, for a highly respectable single-session swing of 66% that came in on mind-bending volume, on the order of 150X the 30-day average. That type of momentum always has a shot at carrying over, and sure enough, NADL is gapping in the premarket once again today.

The early high is in the 3.50’s, extending to total rise we’ve witnessed in less than 24 hours to roughly 100% and it puts us on alert once again today. We’ll be looking for higher highs and higher lows as usual as we watch this one play out.


Excellent Chatroom Calls

Every once in awhile we like to remind our readers on our website as well as our daily newsletter recipients that we conduct live trader’s chats via Skype on a daily basis, and any of our readers is more than welcome to participate. All you need to do to get in on the action is send a Skype contact request to username ‘stocksumo’. You can sit in and get ideas or offer up some of your own!

Yesterday, one of our chatters gave the room a heads up on Bravatek Solutions, Inc. BVTK shortly before 11AM, and the stock ultimately ran from .0002 to .0011, for an intraday pop of 540% on nearly two billion shares traded.

That brings us to another fantastic call, this time by our very own Stock Sumo, who brought American Leisure Holdings, Inc. AMLH to the attention of the room on March 27th, after which time there was plenty of opportunity to get in at .0003. The stock subsequently ran to a high of .007 two weeks (11 trading days) later, marking an enormous 2233% increase!

If these aren’t reasons to get involved with our daily trader’s chats, then we don’t know what is! There have been a multitude of super-subpenny runners over recent weeks, and these two are prime examples of why we continue to press the issue.


New Options Ideas

We don’t want to spend all of our focus on the stock side of things though, especially with our continued success with options trading, so we want to formulate a few ideas based on some things we’re seeing in the premarket.

Lululemon Athletica, Inc. LULU – We want to signal both some weekly and extended-range calls this morning on LULU, which has been making attempts at coming off of recent relative lows, with a massive gap on the chart to the upside. We could see this returning to fill at least a portion of that gap. We’ll have our eyes on the LULU Weekly $52-53.50 Calls as well as the 05/06 $55-57 Calls.

Delta Air Lines, Inc.DAL – We’re looking at DAL for a possible short-term play after its earnings beat this morning. Profits fell by a less-than-expected margin, while positive Q2 guidance was issued. Coupled with a major PR disaster for one of its main competitors this week, and we’re definitely interested in seeing if DAL can make an appreciable move. If it does, we’ll be looking at the DAL Weekly $45.50-47.50 Calls.


Extended Watchlist:
NBIX, BBRY, CEI, ADPT

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