Blue Horseshoe Stocks

Blue Horseshoe Stocks: IDXG, MJPI & More

Interpace Diagnostics Group, Inc. IDXG

We had a few solid performers from yesterday morning’s report, but IDXG was definitely the cream of the crop. We saw a huge initial surge out of the gate followed by a steady ramp-up for the remainder of the session.

From a low of .3619, IDXG traded as high as 1.20, which represents an intraday run of 232% and it occurred on more than eighteen times the 30-day average volume. Not only that, but it managed to close above the dollar mark at 1.01. With price action and momentum like that combined with the fact that we’re seeing another gap-up here in the premarket, we’ll defintiely be on the lookout for further activity today, possibly in the form of a dip-and-rip scenario.

The big move was largely catalyzed by the release of a PR alluding to the fact that Aetna has agreed to cover Interpace’s ThyraMir™ test for all of its 46 million members. (>>View Full PR)

MJP International Ltd. MJPI

MJPI extended its gains yesterday and secured its status as a multi-day runner. We tagged this stock on Wednesday at a low of .85 and witnessed a decent run to 1.18 (+39%). Yesterday we recapped its performance, including the very bullish close and high volume, and mentioned that a continued run could be in the cards.

We turrned out to be spot on in our assessment, and MJPI persisted in its uptrend, trading up from a morning low of 1.20 and reaching a new high of 1.63. That worked out to an intraday push of 36%, and extended our two-day gains on this play to a highly-respectable 92%

Options Recap

Twitter, Inc. TWTR – After furnishing us with double-bag gains yesterday, our target contracts that we initially put forth last Thursday, the TWTR 01/20 $19 and $20 Calls, recorded some modest intraday gains and added to our cumulative totals.

01/20 $19 Calls – Range: 1.33-1.70 – Max Gain: 28%
01/20 $20 Calls – Range: .94-1.22 – Max Gain: 30%

There is a gap on the TWTR chart that runs from roughly $21-24, and with a 01/20 expiration, we’ll continue to track these options, and if it appears the gap will begin to fill, roll up our strike prices accordingly.
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Fresh Idea:

Wynn Resorts Ltd. WYNN – We’re looking for a possible recovery play for WYNN in the wake of a damning China UnionPay policy change that implements further restriction of the maximum daily allotment for ATM withdrawals in Macau. With 60% of WYNN’s revenue coming from Macau, the stock got hammered during yesterday’s session.

It appears as if some measure of a recovery will take effect this morning, with the stock gapping up in the premarket, so we’re going to be monitoring the WYNN Weekly $96-98.50 Calls for potential quick-strike trades.

Extended Watchlist:
IMUN, PIOI, LEXG, AXPW, ACNV, MSTX

Blue Horseshoe Stocks: PPCH Breakout & More

Propanc Health Group, Inc. PPCH

It didn’t require any patience on our part before we saw our bottom-watchlist from yesterday morning’s premarket report bear fruit. What we have in PPCH is an example of absolutely perfect timing.

After being mostly in a downtrend for a period that stretches all the way back to springtime, we ended up calling the bottom here with laser-like precision. The stock bulled its way up all day long, trading in a range from .008, through the penny barrier, and up to .017. That works out to an intraday pop of 112% and it came on nearly six times the monthly average volume.

The stock also managed to close just a tick below its high of day at .016, so we’re definitely going to be on the lookout for continued momentum. Yesterday wasn’t the first time we caught this play for triple-digit gains, and in all honesty, it probably won’t be the last.

Twitter, Inc. TWTR – Options Recap

In last Thursday’s morning report, we presented an options idea for TWTR based on the setup of the chart; at the time it was trading in the mid-$18 range.

We put forth the TWTR 01/20 $19 and $20 Calls, to give ourselves the time needed to realize the upward move we suspected the stock would make, and it turned out to be another good idea. We saw a run to the mid-$19 level, and it facilitated the following performances in our target options:

01/20 $19 Calls – Range: .80-1.64 – Max Gain: 105%
01/20 $20 Calls – Range: .51-1.19 – Max Gain: 133%

Again, with that extended expiration date, we’ve still got all the time in the world to witness even further gains out of these contracts. That should start with with this morning’s opening bell, as TWTR is gapping up in the premarket once again.
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Fresh Idea:

Lululemon Athletica, Inc. LULU – On the strength of a solid Q3 earnings release and the authorization of a $100M buyback program, LULU is looking strong, and we want to get in on the action by formulating a new options idea to correspond with the activity.

Yesterday the stock broke out of the channel, from roughly $54-58, that it had been stuck in for several weeks, so we’re going to be focusing our attention on the LULU Weekly $66.50-70 Calls.

MJP International Ltd. MJPI

We also want to recap the performance of another play from yesterday’s extended watchlist. MJPI appeared for the first time in our reports, and responded with a solid session.

From a low of .85 the stock traded as high as 1.18, marking a 39% pop on the day and like the aforementioned play, it too closed just a single increment below the high of day at 1.17, and will thus remain on our list going forward.

Extended Watchlist:
IDXG, VNR, SPHS, NAVB, GAHC, AGIN, LBSR

Blue Horseshoe Stocks: Options Recap, Bottom-Watchlist

Options Updates

We’ve signaled a number of options ideas recently, and would like to take an opportunity this morning to go over the types of gains that they’ve produced this week. Each of them has an extended term remaining until expiration and will continue to remain on our wathlist moving forward.

On Monday we presented the PODD 01/20 $35 Calls for observation, and in the ensuing two sessions, we’ve witnessed a solid 48% move from 2.00 up to 2.95.

Yesterday, we added the GDDY 01/20 $36 Calls into the mix, and saw a fantastic first-day performance out of those. From a low of .85, they ran as high as 1.75, for a single session double-bag rip of 106%
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Added Options Notes: Ideas from last week that have yet to make their moves but are still on our watchlist include the TWTR 01/20 $19 and $20 Calls, as well as the ITUB 01/20 $11 Calls. With six weeks remaining until expiration, there’s still plenty of time for these play to display the activity we’re after.

Bottom Watchlist

It’s tax loss selling season as the year’s-end holidays rapidly approach, and that means increased liquidity for many stocks. It’s also a time when we look for the increased activity as a catalyst for bargain basement type plays to see nice moves off of their 52-lows. So here are a handful of stocks trading at or near their annual low points to watch for possible bottom bounces over the next few weeks:

Bravo Multinational, Inc. BRVO

Orbital Tracking Corp. TRKK

Electronic Cigarettes International Group, Inc. ECIG

Propanc Health Group, Inc. PPCH

Extended Watchlist:
MCPI, DIMN, MJPI, PKGM, VAPE

Blue Horseshoe Stocks: MXSG Review & More

Mexus Gold US (MXSG)

Our first order of business this morning is to give a rundown of the recent performance of MXSG, which has made one heck of a run in the time we’ve been tracking it.

We initially placed this gold play on watch last February 5th when it was trading at .0016 , and the stock, quite incredibly has put together a roughly 10-month uptrend.

Some of the biggest strides have come recently, despite gold prices cratering to their lowest values in that same 10 month period of late. That didn’t stop MXSG from running to a new high of .235 yesterday, which marks a mind-numbing 14,587% increase over the low we observed on the very first time we mentioned the stock in February.

That definitely makes MXSG one of our biggest success stories of 2016, and that includes options trading! Congratulations to anyone who has taken part in such an incredible ride!

IFAN Financial, Inc. IFAN

IFAN is another play we’ve been tracking that has also made big moves for us. When we first brought it to the table on October 24th, it broke out for excellent gains on the order of nearly 400% as it ran from .0031-.0154.

Yesterday, the stock went for a double-bagger, trading in a daily range from .0016-.0033 (+106%). It will interesting to see if it can carry some of its generated momentum of the past couple of sessions into further price surges. Another run at the penny mark from this point would factor in potential gains of up to 200%

GoDaddy, Inc. GDDY

GoDaddy is moving in the wake of news that the company would be attempting to boost its web hosting business with the acquisition of Host Europe in a $1.82B deal (>>View PR).

While the stock is at a good place on the chart, and receiving some attention, we’re going to radar some options to monitor over the next several weeks, in the GDDY 01/20 $35-36 Calls.

Extended Watchlist:
CTIC, HTBX, RCON, TXMD, ONCI,

Blue Horseshoe Stocks: BOTY Recap & More

Lingerie Fighting Championships, Inc. BOTY

We placed BOTY on watch on Friday after noticing that the stock had begun to launch off of its bottom, posting unusual activity the session prior. It was a good thing that we tagged it when we did, because Friday brought an even more considerable surge to the updside.

BOTY traded in a range from a low of .0056, cracking through the penny barrier, and reaching as high as .015. That was good for intraday gains of up to 168% and the excellent move came on volume of nearly six times the monthly average.

As the company name suggests, BOTY’s business is an actual women’s MMA league where the combatants wear lingerie instead of athletic wear. Being something so unique and potentially lucrative, it adds to our interest in continuing to track this play.

Solaris Power Cells, Inc. SPCL

SPCL is another one we want to provide an update on this morning. We initially witnessed a fantastic run from .0075 to .02 on this play when we called it back on 11/18, and after a period of consolidation in the following weeks, we observed the beginning of the stock’s next leg up on Friday.

SPCL traded in a daily range from a new low of .0041 and promptly returned to .02. That’s a big-time swing of 387%

Bridgegate Pictures Corp. BBGP

The run that BBGP made between the months of August and November this year was excellent, moving from the .20-range to more than 2.70. A recent dramatic selloff slapped the stock back down to the .20-level and just below, before the current bottom-bounce commenced.

We’re interested in tracking BBGP from this juncture in the event that the momentum we’re seeing gathered off of those lows should continue into this new trading week.

Insulet Corp. PODD – Options Idea

We’ve formulated an options trading idea for PODD, after noticing a few things about the stock. First, it’s in a good place on the chart, having exhibited the beginning sign of a bottom-bounce on Friday, reversing a downtrend that had persisted for over a week.

Next, we caught a Form-4 submission showing a significant buy by the CEO, in the amount of roughly $1.3M at the stock’s lows. Whenever we see directors of a company adding shares at relative lows, it piques our interest.

Accordingly, we are going to radar a set of contracts to watch in sessions to come, namely the PODD 01/20 $35 Calls.

Extended Watchlist:
IFAN, BPMX, CLF, MXSG, ONCI, PFTI