Blue Horseshoe Stocks

Blue Horseshoe Stocks: New Options Ideas & More

New Options Ideas

The market, which has been struggling mightily here in the opening weeks of 2016 for numerous reasons, appears to be in line for some measure of a rebound today, based on early trading activity. Q4 earnings season has kicked off, which should result in an increase of options trading opportunities in the days and weeks ahead. In the event this trend holds and progresses, we’re going to want to have a few options contracts ready and waiting in the hopper to watch for swing-trade possibilities.

Shire plc SHPG

SHPG shares are gapping up to the tune of more than 5% in the premarket this morning in the wake of the revelation that Shire would be acquiring US-based Baxalta for a whopping $32B. The deal figures to create the largest rare-disease drugmaker conglomerate in the world.

We like to take advantage of blockbuster reveals such as this, and the trading hysteria they tend to create. For this particular situation, we are going to set our sights on SHPG Weekly $175-180 Calls.

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Acadia Pharmaceuticals, Inc. ACAD

ACAD has been tumbling down in terms of PPS in recent sessions. The reported possibility of dilution as a result of fundraising via public offering has had investors coming down on the bearish side of the fence. We want to be on the lookout for the possibility of a rebound. If such a move occurs we’re going to have the ACAD 02/19 $29 Calls and 03/18 $30 Calls on our radars moving forward.

Alcoa, Inc. AA – Possible Recovery Play

AA is striking us as a stock whose time for a rebound may be fast approaching. We want to signal this as a potential bottom-play. The strength index is heading into heavily oversold territory, and a triple-bottom setup suggests AA could be nearing basement-level prices.

We’re going to add this to our current list of bottom-watch plays, which also includes KOOL, MGI, GNBT, and MAXD.

Extended Watchlist:
HCTI, IMTV, BLTA, AAPL

Blue Horseshoe Stocks: Friday’s Big Winners & More

Sandridge Energy, Inc. SDOC

SDOC was the focus of our closing thought in Friday’s premarket report, and the direct assumption we made about the likelihood of a rebound proved to be very accurate, to put it mildly. The nature of the premarket activity on the stock led us to believe that a bounce was imminent, as we pointed out, and the ensuing price action was quite impressive.

From an early low of .0339, SDOC soared as high as .085, for an intraday burst of 143%, and the move occurred on very heavy volume of more than 5X the monthly average.

It’s fair to mention that following its recent delisting from the NYSE to OTC, the company issued a statement citing that it cannot guarantee its listing and/or trading status moving forward. (View 8K) Those proceeding with speculation into the stock henceforth should do so with utmost caution.

LegacyXChange, Inc. LEGX

LEGX was another play from Friday’s watchlist to do very well on the day. It ran 68% from a low of .025 up as high as .042 on six times the average volume. It represented a momentary breach of the 200DMA, and the fourth consecutive session of higher highs and higher lows.

This is what we characterize as a low-float play; those stocks with tight share structures such as this one have the ability to make exactly the types of moves we witnessed on Friday when significant buying pressure is applied. We’ll continue to remain interested in LEGX provided it maintains support at or above Friday’s swing low at .025.

Sunshine Biopharma, Inc. SBFM

Last but not least among notable plays from Friday’s morning report is SBFM. We’ve been tracking this stock heavily since December 29th, and have observed it trading as low as .008 following that report. It has been on an epic uptrend since then, and managed to set new highs once again on Friday.

It started out trading as low as .023 and surged as high as .0375 for an intraday run of 63% and an overall move of 369% in the eight sessions since we first mentioned it to our readers. SBFM has achieved higher highs and higher lows in seven of those eight sessions.

As pointed out on the following chart snapshot, we’ll need to see SBFM maintain above its previous swing-low of .023 to hold our attention moving forward.

Extended Watchlist:
SRCO, AGTK, AVXL, APOL, SUNE,

Blue Horseshoe Stocks: STZ Update & More

Constellation Brands, Inc. STZ – Options Update

Our attention was drawn to STZ yesterday morning, because while the market in general was lagging, STZ was going against the grain with a premarket gap-up. We wanted to signal some calls in the STZ options chain that we felt would provide the chance for quick-strike profits, and ultimately settled upon STZ 01/15 $135-150 Calls.

Our idea turned out to be spot-on, with every set of contracts in our target range making appreciable intraday moves:

$135 Calls – Trading Range: 8.90-17.00 – Max Gain: 91%
$140 Calls – Trading Range: 7.30-13.40 – Max Gain: 84%
$145 Calls – Trading Range: 3.40-7.45 – Max Gain: 119%
$150 Calls – Trading Range: .95-3.90 – Max Gain: 311%

As we can see from those numbers, the heaviest action obviously fell at the high end of our specified range, and from this point on, we’ll be continuing to monitor the $150 Calls as well as possibly rolling up to the $155 Calls based on the gap-up we’re now seeing in today’s premarket activity.

Carolco Pictures, Inc. CRCO

It was just a couple of days ago that we were giving ourselves a pat on the back for putting CRCO on our radars back in mid-December, allowing us to witness the run it made earlier this week from .0011-.0054 (+391%).

Yesterday, the stock mananged another big intraday spike which carried it to new highs and increased our observed range on the stock considerably. From an early swing low of .0037 CRCO surged 170%, up to a new high of a penny. It marked an overall jump of 809% over Monday’s low.

Sunshine Biopharma, Inc. SBFM

SBFM is another play we’ve been tracking this week that has gone from subpenny to penny prices in a heartbeat, and it too set new highs during yesterday’s trading session.

The stock ran 85% intraday from .017-.0314, and that newly established high extended our overall observed range on SBFM from its low of .008 on the day of our initial alert on December 29th, to a whopping 292%

Fresh Options Idea – Based on this morning’s market activity we want to radar SPY Weekly $194.50-197.50 Calls for possible day-trade opportunities.

Bottom Watchlist Addition

Yesterday we put four stocks on bottom-watch, and we’ve got another potential bounceplay to add to that list. In this case the rebound may be forthcoming, as premarket activity suggests so we’ll keep a close watch over Sandridge Energy, Inc. SDOC which absolutely fell off a cliff yesterday.

Extended Watchlist:
RLTR, MJMJ, DDCC, LEGX

Blue Horseshoe Stocks: Multiple Bottom-Watch Plays & More

Extended-Term Bottom Watchlist

The new year has been off to an uncharacteristically sluggish start for stocks due to worries over China’s struggling economy and the global ripple effect it figures to have, as well as a sharp drop in oil prices. An environment such as this doesn’t discourage us as much as change the types of opportunities we’re after. Troublesome times lead to cheap shares and along those lines, we’ve had a handful of stocks jump out at us as potential bottom-plays.

We’re going to have each of the following on our radars in the days and weeks ahead:

Cesca Therapeutics, Inc. KOOL

Max Sound Corp. MAXD

Generex Boitech, Inc. GNBT

MoneyGram International, Inc. MGI

As we stated above, the general sentiment of the market is bearish at the moment, so we will need to allow each of these room to set new lows before they begin to rebound, but in each case, potential gains on eventual recoveries will be significant, so we’ll want to keep a close eye to make sure we’re hanging around when the fun begins.

Trans-Pacific Aerospace Co., Inc. TPAC

We’ve been following TPAC regularly since the second week in December, sending out reminders of our interest in our reports last Thursday and Monday mornings as well. The stock has essentially been in a consistent uptrend the entire time.

This week alone, TPAC has surged 123% from a low of .0031 to yesterday’s high of .0069. The overall swing we’ve witnessed since our initial alert less than a month ago, is a far more impressive jump of 1050% (.0006-.0069). For our feelings on TPAC to remain bullish from this point forward, we’ll need to see the stock maintain support at or above .005 on any pullbacks.

Constellation Brands, Inc. STZ – Options Idea

STZ appears to be bucking the trend in the midst of a languorous market. While many, if not most stocks are gapping down, we want to pay close attention to STZ as it is currently showing strength.

We’ll put a range of options calls on watch for possible swing-trade chances today and in sessions to come, namely STZ 01/15 $135-150 Calls.

Extended Watchlist:
EMBR, COLV, PFSD, WRFX

Blue Horseshoe Stocks: SWHC, AHIX Recaps & More

Smith & Wesson Holding Corp. SWHC – Options Update

Chances for multi-bag gains from our multitude of options trading ideas became downright commonplace in 2015, and our very first options idea of 2016 held to that standard quite nicely.

We cited a couple of reasons behind our logic in signaling the SWHC $24-26 Calls
for observation in yesterday’s premarket report, and were rewarded with generous moves in every set of contracts in that range:

$24 Calls – Trading Range: 1.55-2.70 – Max Gain: 74%
$25 Calls – Trading Range: .88-1.90 – Max Gain: 116%
$26 Calls – Trading Range: .46-1.20 – Max Gain: 161%

In addition to these primary gains that were made possible by the trading action in SWHC, each set underwent dip-and-rip scenarios over the course of the day, and ancillary profits were possible in each case.

Rest assured that this winning selection in the SWHC chain was only the first of many quick-strike options opportunities we’ll provide via our reports in the new year so stay closely tuned!

Aluf Holdings, Inc. AHIX

AHIX was the big gainer from yesterday’s premarket report on the stock side of things. Although it both started and finished in subpenny territory, in the interim the stock made a solid journey into Pennyland as it ran from a daily low of .0031 on up to .0117. That equals an intraday rip of 277% on big volume on the order of nearly 7X the 1-month average.

The PPS did taper back toward the end of the day, but maintained a good majority of the advances we observed into a close at .0084. Between that and the heightened volume, we’ll need to keep a slot on our radar screens reserved for AHIX.

Carolco Pictures, Inc. CRCO

CRCO is a stock we’ve had on our radar since mid-December, and has also been a topic of discussion in our daily trader’s chats. In fact, one of our chat members that has a propensity for signaling winners (known to our readers as DJ) made sure everyone turned their attentions back to CRCO Monday afternoon, in plenty of time to catch its huge upward move.

Monday’s low came in at .0011, and yesterday, the stock soared to an amazing new high of .0054; a two-session swing of 391%

We felt that CRCO served as yet another stark reminder that participation in our daily chats offers a higher frequency of opportunities than reading our morning reports alone. We encourage all interested parties to get involved. For the time being, all it takes is a Skype contact request sent to ‘stocksumo‘.

Extended Watchlist:
AGTK, AWGI, ONOV, TPAC, WRFX, MGI(Watching for a possible bottom)