Blue Horseshoe Stocks

Blue Horseshoe Stocks: MMEX Keeps Rolling & More

MMEX Resources Corp. MMEX

We’re looping back for yet another update on MMEX, which we’ve been mentioning quite a bit after our March 22nd alert gave us the chance to get in at a low of .0046; the stock has since gone on an exponential tear that hasn’t slowed down a bit over the past few sessions.

By our update on Friday morning, the stock had made it to just below .017, and that’s when things really took off, with the past couple of sessions providing the most intense spikes yet.

Yesterday that culminated in a new high with a solid 96% daily run from .028-.055. That brings our total observed range on MMEX in just nine trading days, to 1096%

Cyclacel Pharmaceuticals, Inc. CYCC

We highlighted CYCC as a potential bottom-play in Friday morning’s premarket report, pointing out that it was giving off a strong double-bottom signal along with having previously demonstrated potential for volatility. We turned out to be spot on with our calling the stock a prime bottom-play, as it has produced a very impressive two-day upswing since then, with the help of the release of some intriguing study data (>>View News).

Our observed range on CYCC since Friday morning is from 3.39 to 6.59, representing a 94% move, while volume yesterday absolutely exploded to the tune of more than 112X its 30-day average volume! It also closed near the high of day so we’re definitely going to want to continue tracking it as the week progresses. Dip-and-rip scenarios could certainly come into play in such a situation.
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Added Notes:

While we’re on the subject of bottom-plays, we want to add a couple more to our radar this morning with Atossa Genetics, Inc. ATOS and Argos Therapeutics, Inc. ARGS. ATOS still appears to be searching for its bottom, so we’ll be watching for that, while ARGS has already begun to get a leg up. We’ll look for a continuation of the establishing trend on that one.

Special Reminder:

We have a new pick coming out tomorrow morning that we’re excited to share with our readers. It operates in the rapidly burgeoning mobile payment processing sector, which is an exciting and forward-thinking space. Be sure to scan your inbox tomorrow between 9AM and the open so you don’t miss out!

Extended Watchlist:
AMLH, AFSI, EVOK, SSH, PTN, IGC

Blue Horseshoe Stocks: Updates on Recent Interests

MMEX Resources Corp. MMEX

Just to give a quick recap of our timeline of events with MMEX- We stated our continued interest in MMEX on Friday, after re-tagging it in Thursday’s premarket report allowed for the chance at some very nice gains. (.0081-.0169, +108%). That was only after our first alerting on the stock in the previous Friday’s report, while it was trading as low as .0046, so as of Friday morning, we had already witnessed a five-session overall swing of 267%

One might have thought the party was over at that point, in reality, it persisted in a big way. Friday’s trading activity brought an onslaught of buying pressure as volume surged and the PPS got another sizable boost. MMEX traded in an intraday range from .0163-.0289, an intraday rip of 77% That brings our total observed upswing on this play to 528% since March 22nd.

Petroleo Brasiliero S.A. (Petrobras) PBR – Update

We’ve been tracking the PBR 04/21 $9.50 & $10 Calls since the Friday before last, which brought us gains in the 180-200% range leading into Friday’s session.

Today we just want to provide the updates figures as those contracts underwent a dip-and-rip pattern that produced the following intraday opportunities on Friday.

04/21 $9.50 Calls – Range: .36-.52 – Max Gain: 44%
04/21 $10 Calls – Range: .18-.26 – Max Gain: 44%

U.S. Stem Cell, Inc. USRM

After inevitably cooling down off of the amazing 1180% (.014-.1793) run we witnessed between 02/27 and 03/28, USRM consolidated toward the end of last week, and on Friday make a pretty convincing reversal and rebound.

The stock traded up from a low of .0821 to .123 for a respectable intraday boost of 50% so we’ll want to hang around to see if the stock can chain together another solid session and maintain that recovery.

Extended Watchlist:
OWCP, HMNY, ARGS, ELOS, NVCR, GALT, TECK,

Blue Horsesehoe Stocks: DLTR, MMEX Recaps & More

Dollar Tree, Inc. DLTR – Options Update

We’ve got updates on our DLTR options idea for send morning in a row today. Just to recap for those who may have missed it, we formulated an idea for last Wednesday‘s premarket report, the DLTR 04/21 $78-80 Calls.

With a very nice multi-day bullish run for DLTR in effect and continuing yesterday brought the stock to new highs once again, which means updates to our observed ranges on these contracts that we began tracking last week.

$78 Calls – Range: .51-2.22 – Max Gain: 335%
$78.50 Calls – Range: .63-2.05 – Max Gain: 225%
$79 Calls – Range: .48-1.95 – Max Gain: 198%
$79.50 Calls – Range: .35-1.69- Max Gain: 383%
$80 Calls – Range: .30-1.40 – Max Gain: 367%

DLTR has now traded up from the $74 area, to nearly $80 over that spanm and in the event it breaks that $80 barrier, we would have to look at rolling up our strike prices to stay in the thick of things.

MMEX Resources Corp. MMEX

We saw a fantastic intraday run out of MMEX yesterday after once again tagging it in our premarket report. It included a continual climb throughout the session as the stock traded up from a low of .0081 first thing in the morning, to a high of .0169 just prior to the closing bell. That works out to a daily pop of 108%

Considering we alerted MMEX in last Friday morning’s report, and observed a low of .0046 at the time, we’ve now seen an overall increase of 267% from this play in just five trading days,

Athersys, Inc. ATHX

We want to swing back around for a quick mention of ATHX, which was a stock we put on our radars back in February. We would observe a low of 1.10 last month, but for the most part, ATHX just did a lot of sideways trading for the next few weeks.

All that finally began to change this week, with a run to a new high of 2.01 yesterday, marking a 83% rise off of our observed low. We may need to watch for a pullback before jumping back in for another run as the stock is now is extremely overbought territory.

Added Notes:

We want to pay attention to a couple of stocks we’ve come across in the $3-range, that based on a number of factors, appear to be ripening for rebounds that could very well take each one to the $5 level or higher.

Leju Holdings, Ltd. LEJU – This stock has been trying to get up off of its recent relative lows, and this morning appears to be gapping nominally. We’ll be watching for a more sustained rebound.

Cyclacel Pharmaceuticals, Inc. CYCC – We’ve identified a strong double-bottom signal from CYCC as well, along with the clear potential for volatility. This one’s going to go on our running watchlist as well.

Extended Watchlist:
USRM, SFOR, ICNB, JAGX, BBRY, GALT

Blue Horseshoe Stocks: DLTR Recap & More

Dollar Tree, Inc. DLTR – Options Update

Yesterday turned out to be a nice bullish session for DLTR, making us glad we added it as a focus in our premarket report. No sooner than we updated our readers on the DLTR options ideas we submitted in last Wednesday‘s premarket report, did they take off to new highs once again.

The DLTR 04/21 $78-80 Calls had already provided us with double-bag gain chances, but yesterday’s activity pushed those figures a lot higher. The following numbers represent the maximum possible gains so far over the last six trading sessions:

$78 Calls – Range: .51-2.05 – Max Gain: 301%
$78.50 Calls – Range: .63-2.05 – Max Gain: 225%
$79 Calls – Range: .48-1.43 – Max Gain: 198%
$79.50 Calls – Range: .35-1.40- Max Gain: 300%
$80 Calls – Range: .30-1.34 – Max Gain: 347%

We can continue to keep these contracts on our radar, with more than three weeks remaining until their expiration date.

Petroleo Brasiliero S.A. (Petrobras) PBR – Update

Another set of 04/21 options contracts that we’ve been tracking have also fared well, tacking on new highs yesterday,

We slated the PBR 04/21 $9.50 & $10 Calls for observation a week ago today, and must now swing back around to highlight the excellent moves these plays have made in a week’s time.

04/21 $9.50 Calls – Range: .18-.51 – Max Gain: 183%
04/21 $10 Calls – Range: .09-.27 – Max Gain: 200%

As stated on the above mentioned play, these contracts have more than three weeks before expiration, so we’ll continue to keep tracking their activity in coming sessions. Yesterday the stock closed just under the 200DMA of 9.69, and we’ll remain bullish on these ideas if the stock can break past that barrier.

Sphere 3D Corp. ANY

We want to make mention of ANY this morning after noticing a set of interesting circumstances. Just a few days following the closing of a $4.5M direct offering/ private placement, the company has now announced it has been awarded a $3M contract (>>View PR)

All of this activity on the newsreel is happening concurrently with a potential reversal and rebound on the chart. The stock has been failing to satisfy its $1.00 minimum bid requirement for the better part of nine months now, and will need to get itself back above that mark or it could face delisting after just three years on the NASDAQ.

Extended Watchlist:
USRM, MMEX, DOLV, MYDX, GALT, EMKR, BCEI, VNCE,

Blue Horseshoe Stocks: Mid-Week Review

U.S. Stem Cell, Inc. USRM

Today marks the fourth consecutive morning that we’ve addressed USRM in our premarket report, granted the fact that it has gone on a multi-day run setting new highs one after the other.

During yesterday’s session, USRM traded in a range from .096 to .1793, a fantastic intraday swing of 87% From the low of .014 we caught immediately following our report on February 27th, the total increase we observed in just a shade over a month amounts to an incredible 1180%

The stock closed at .125, but the volume cooled down to just slightly more than the 30-day average. We’ll remain interested in tracking USRM as long as it can continue to build higher base levels of support.

Sunshine Heart, Inc. SSH

We tagged SSH in yesterday morning’s extended watchlist, after identifying it as a possible bottom-bouncer, and ended up providing a pretty good opportunity for a quick intraday gain which could be just the start.

The stock traded in a range from 1.67 to 2.38 for a 43% pop, and perhaps more importantly, closed with strength at 2.31 having traded more than four times the monthly average volume on the day.

That performance will have us on the lookout for a possible continuation of momentum and give SSH a chance to formulate a multi-day run.

Dollar Tree, Inc. DLTR – Options Update

We also want to give a quick update on the performances of a set of DLTR options we alerted a week ago today. The DLTR 04/21 $78-80 Calls have provided the following gain opportunities since then:

$78 Calls – .51-1.18 (+131%)
$79 Calls – .48-.90 (+88%)
$80 Calls – .30-.61 (+103%)

The $78.50’s and the $79.50’s, also included in our highlighted range, also made commensurate gains to what’s listed above.

Extended Watchlist:
POTN, VRTX, CBIO, TNXP, RH