Blue Horseshoe Stocks

Blue Horseshoe Stocks: GROC, GDSI Recaps & More

Great Rock Development Co. GROC

During an uncertain time where others have been reticent to pull their heads out of the sand, we continue to stand and deliver. Jumping off of the page in Friday’s report was GROC which made a few appreciable swings on the day.

Following a solid 46% initial run from the .0085 low up to .0124, the stock came down to bounce off of the .0098 mark, and returned to .0115 (+17%). That preceded one final pullback to .009 before GROC ripped back to .012 (+33%) and brought the stocks cumulative intraday gain total to 96%

We had originally alerted the stock on Wednesday morning, and witnessed a low of .0055. From that mark, we’ve seen an overall move of 125% over a span of just three sessions from GROC.

Global Digital Solutions, Inc. GDSI

Another great call for us was GDSI, which had a heck of a solid session after being mentioned in Friday’s premarket report. We outlined the fact that it had just come off of a new 52-week low and it turned into another successful bottom-play.

From its low of .0016 which it recorded shortly before the lunch hour, the stock ran with strength into the close, ending the session at its high-of-day at .0025. That move was good for intraday gains of up to 56%, so cheers to any of our readers who were able to bag a nice profit.

We’ll have an eye peeled for GDSI again this morning, as is generally the case in a session following such a strong closing performance.

UVXY and VXX Options Recap

Our main point of focus on Friday was using the activity of the overall markets to leverage ourselves some nice opportunities with Weekly VXX $22.50-25.50 Calls and UVXY $48-52.50 Calls.

It wouldn’t have mattered which symbol, or which strike price in our target ranges at which traders chose to execute, because every single contract we specified provided a chance for a windfall.

The biggest gain opportunities in each set were the VXX $24.50’s which exploded on a 900% rip from .05-.50, and the UVXY $51.50’s which traded in a range from .52-2.70 for total possible intraday gains of up to 419%

AEterna Zentaris, Inc. AEZS

It’s been a few months since we last looked at AEZS, and we’re going to place it back on watch to kick off this new trading week, as the stock made an undoubtedly strong move on Friday, and closed at its high of day. That quilifies AEZS as a possible momentum play.

These present the opportunity both to ride any residual momentum, as well as position ourselves to strike on a dip-and-rip scenario, which often show their faces in situations such as this. So we’ll keep our heads on a swivel in monitoring AEZS moving forward.

Plug Power, Inc. PLUG

PLUG is an old-time favorite of ours that has made us enormous gains in the past. It’s been awhile since we lasted touched upon this one, as we were waiting for it to provide a solid signal that it was coming off of yearly lows, and over the past few sessions we’ve begun to see that.

PLUG has registered higher highs and higher lows for the past four consecutive sessions, so we’ll be monitoring the stock this week for continued progress on that front. As you can see on the included chart snapshot below, we have a RSI just cracking above the 50-line showing relative strength, and the MACD is looking quite bullish as well. There is a slight gap to fill on the chart around the 2.00-mark, and the next key resistance we’ll look to be broken will be the 50DMA of 2.13.

Extended Watchlist:
MINE, EMBR, IHSI, GDGI

Blue Horseshoe Stocks: UVXY, VXX Options & More

No Rate Hike – SPY & VXX Options Ideas

Another eagerly-anticipated FOMC meeting came and went without an interest rate hike by the Fed yesterday, and as a result we observed a dramatic rise in volatility for the markets. We expect that turbulent activity to carry over into today, and with the added caveat of it being expiration day for weekly contracts, it could give rise to some serious options-trading opportunities.

Currently we’re seeing the VXX and UVXY gapping up in the premarket this morning. We will be on the lookout for a potential bounce in the markets followed by a fade to the downside. It would be at that point we’d look to get positioned in some Weekly VXX and UVXY Calls, specifically VXX $22.50-25.50 Calls, and the UVXY $48-52.50 Calls. Alternatively, we could take advantage of the same sort of scenario with SPY Weekly $197.50-194.50 Puts.

Part of the beauty of trading options is, if by chance the markets undergo a more sustained rebound and operate contrary to our initial gut instinct, we can simply flip those ideas to the other side of the fence (Puts where we mentioned Calls, and vice-versa) while striking in the same target ranges.

Great Rock Development Co. GROC

We also want to make mention of a stock we tagged for observation in Wednesday’s report which has made a nice intraweek move. GROC traded at a low of .0055 that morning, and followed up with a couple of solid sessions.

Yesterday. the stock managed to close at .0085, which represents a 55% session-over-session increase, and it occurred on slightly more than 3.5X the average monthly trading volume.

Global Digital Solutions, Inc. GDSI

GDSI is another subpenny play that caught our eye yesterday as it rebounded off of a new 52-week low. This stock has been steadily trending down for a protracted period, and is just about reaching the point where a more significant recovery could be in the cards.

It’s self-evident on the chart below, which shows that GDSI is heavily oversold at the present time. Add in a recent bullish cross on the MACD, and this is one we’ll want to monitor more closely in coming sessions. We’ll look for it to continue to register higher highs and higher lows off of that bottom.

Extended Watchlist:
MDBX, RDSH, GLD, CHLO

Blue Horseshoe Stocks: CHKE Recap, Options Ideas & More

Cherokee, Inc. CHKE – Update

We flagged CHKE yesterday as a stock we felt was undervalued coming off of a particularly rough month that saw it get beaten back to new 52-week lows. Our ‘bottom-feeding’ sense immediately kicked in, and in a timely fashion at that. The stock did indeed exhibit the early signs of a recovery, registering higher lows than the session prior, and making a modest move up from 14.67-15.83 (+8%).

We’re going to want to continue to track CHKE for the possibility of a protracted rebound (Remember, there is also a massive gap to fill on the chart), and in that event we’ll be looking to possibly take advantage using the CHKE options chain. We’ll look at the only contracts that had open interest yesterday, which were the 10/16 $17.50 Calls (Last Trade: .30).

If CHKE were to regain even half of the ground lost between its current PPS and that of a month ago, those calls will be pushed deep into the money, and would provide us with a chance to profit tidily.

Santo Mining Corp. SANP

SANP is a super-subpenny play we flagged for observation on Monday, and it didn’t take very long for us to observe a nice move from the stock. Following a low of .0003 on Tuesday, SANP has made a good intraweek swing of 133%, trading as high as .0007 yesterday on volume which exceeded the monthly average volume by six times.

There really wasn’t a heck of a lot going on with this play prior to the beginning of this month, and this weeks activity has come on the heels of the company securing a new Chief Market Officer with an impressive resume, so we’ll be interested to follow along and see what he has in store in the way of changes for SANP.

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Added Note:

Speaking of super-subpennies, Embarr Downs, Inc. EMBR has caught our eye this morning as a play that bounced off of its 52-week low and made a brief move into subpenny territory yesterday. We’ll have this one on watch as well, in case further action provides a chance for quick intraday strikes.

Extended Watchlist:
AERI, CVC, SIRG, GTSO,
BGMD(Bottom-Watch)

Blue Horseshoe Stocks: EQLB, TPIV, CHKE & More

EQ Labs, Inc. EQLB

EQLB was the big standout from yesterday’s report, performing extremely well after receiving first-billing in our premarket extended watchist. We caught this momentum play on an early scan and were very pleased to have included a mention of the stock as it blasted off right out of the starting gate.

From an initial low of .0035, EQLB surged as high as .0062 for a very respectable 77% intraday rip on excessive volume; it traded its one month average ten times over. It and our next mention accounted for two of the top three most-actively traded stocks on the OTC, so we were certainly poking our noses in the right place.

With momentum carrying over from the previous session to yesterday, moving forward, we’ll be open two the possibilities of either a sustained uptrend, or a potential dip-and-rip scenario.

TapImmune, Inc. TPIV

Our other nice spot from yesterday’s report was TPIV, which caught our eye in the wake of an early PR relating to one of its vaccine’s inclusion in a USDOD-funded study.

We had already been following the stock all summer; regular readers will recall our tracking this play to double-bag gains back in June. That history, the press, and a ripening chart more-than warranted another mention, and it turned out well. TPIV ran from an early low of .52, and steadily rose toward its HOD of .68, marking a 31% increase.

We’ll certainly continue to monitor its progress, especially given the fact that it maintained nearly all of its daily advances, closing just a penny off of the high at .67.

TapImmune Vaccine to be Studied in a $13.3 Million U.S. Department of Defense Grant to Mayo Clinic for Phase II Clinical Trial in Triple Negative Breast Cancer (Tue, Sep 15)

Cherokee, Inc. CHKE

Our readers are well aware of our penchant for bargain hunting, and we’ve got a potential bottom-watch candidate in CHKE to bring to the table today. The stock recently underwent a huge gap-down as a result of poorly-received earnings, and on Monday, was been beaten back to its annual lows.

That sort of activity always draws our attention, and in this case, the snap-back could be quite significant with a huge gap to fill on the chart. Add in analyst price targets ranging from $21-33, and this play begins to look out of place at such a low PPS. We’ll be scanning this one continuously for signs of recovery.

Extended Watchlist:
ITCI, ADEC, TOVC, GROC

Blue Horseshoe Stocks: ATHI, TBEV Recaps & More

American Transportation Holdings, Inc. ATHI

ATHI was the most impressive among three good plays to come off of our extended watchlist in yesterday’s premarket report. Despite the stock having already made a 600% move on, Friday, we saw the opportunity to possibly take advantage of momentum spillover, and it turned out to be a great decision.

ATHI opened up at .0005, and never looked back as it ran from super-subpenny to subpenny territory, culminating in an impressive daily high of .0022 which registered as a 340% intraday rip.

Our sincere congratulations go out to any of our readers who were able to take advantage of this beast of a runner!

We may want to begin monitoring this play for a possible forthcoming dip-and-rip scenario caused by hastily-exiting profit-takers.

High Performance Beverages Co. TBEV

TBEV was the next good call for us from yesterday’s report. This is another stock that fared very well on Friday (.0015-.0025), yet still provided sufficient action for traders to make a tidy profit yesterday.

It traded in a range from .0017 to .0024, which represents a healthy intraday increase of 41%

BioPharmX Corp. BPMX

BPMX was a nice catch for us too yesterday. We witnessed a modest yet solid move from a daily low of 1.85 to a PPS high of 2.25, a 22% jump.

It brings BPMX to its highest value since early August. A return to June levels would mean significant added gains from here, so we’ll be open to the possibility of a protracted recovery for this stock.

Extended Watchlist:
EQLB, EGYH, SITO, AXPW, DGSE, TPIV, VPRO