Blue Horseshoe Stocks

Blue Horseshoe Stocks: AAPL, TMSH

Apple, Inc. AAPL

AAPL has been very good to us recently as the stock pushes ever-higher. The last (and only) time AAPL has ever been this highly valued was back in late 2012. We’ve squeezed a lot of life out of AAPL Calls, and should the current trend continue, this may only be the beginning.

During yesterday’s session AAPL surged as high as 649.3699, just shy of a big psychological barrier. If we can see a break of that $650-mark, we could easily see another 10-point day from Apple. Failure to crack through that mark may result in a consolidation, but nothing of what we’ve seen from this stock lately suggests that the party’s over.

We’ve still got our eyes on the Call side of the options chain as we cruise into the weekend; and as you know, AAPL will undergo a 7-for-1 forward split effective on Monday, greatly increasing its number of shares. It is thought that the calculated move will make the stock accessible to more investors, and we expect AAPL to be trading just under $100 following the split, so that could very well be the case.

We’ll see where it lands, and our strategies will be very much the same as they are now, just at lower prices. We also have the launch of the new iPhone to look forward to, although there’s no concrete date on that yet. Speculation over its new features is something we expect to continue driving up the stock’s value until the product is launched.

All in all, this summer could be a big one for Apple, and we’ll be following along every step of the way, using options to leverage big gains for ourselves as we’ve done so many times in the past.

TransGlobal Assets, Inc. TMSH

On Wednesday, we tagged TMSH in our extended watchlist, and we were glad to have done so. The stock has provided us with a nice 50% move from .006-.009 this week. As you can see on the chart below, there are a lot of positives, including an impending golden cross, so we’re still going to be very interested to see what can happen with this play moving forward.

The key resistance area is yesterday high at the .009-mark, and a break of that level would send us into Blue Sky Breakout mode, so we want to keep a close watch on TMSH heading into next week.

Extended Watchlist:
RMGN, NIHD, BDSI, HKTV, FRO

Blue Horseshoe Stocks: Afternoon Update – 06/05/14

Alliance Creative Group, Inc. ACGX

We’re sending out an update this afternoon on ACGX to pass along this morning’s PR, as well as to remind everyone to check out some info on the 1st Annual WeedStock Conference in Denver, CO coming up at the end of the month, where ACGX will be one of the presenting companies.

Many of the companies in the cannabis sector whose stocks we followed to enormous gains earlier this year will be in attendance, so the conference should give Alliance a great chance to make some meaningful connections with potential clients that operate in a new and exciting space.

We will also have representatives at the conference, so when the time comes, we’ll be sure to give our readers the full report! Read up on the 1st Annual WeedStock Conference at its official website, WeedStockConference.com

If you recall, our anticipation of the beginning of legal marijuana sales in Washington slated for July, is that it should generate more interest in cannabis in general, both in terms of investing and legislation (as we all know, the two are often inexorably linked). Colorado, acting as the national litmus test, has proved that not only is legalized recreational marijuana a great way to pull in tons of tax revenue, but it also had no effect on crime rates, as many opponents of the measure suspected it might. A set of similar results in Washington could press even more states to consider changing their own prohibition laws.

This morning’s ACGX PR:

CHICAGO, IL–(Marketwired – June 05, 2014) – Approximately 1.53 Billion Total Shares Shorted Since November 2010 – Short Squeeze Has Begun As Stock Crosses Above $.00444 SqueezeTrigger Price

Alliance Creative Group (ACGX) announces that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on Alliance Creative Group after releasing the latest short sale data through June 4, 2014. >>>FULL PR

Visit ACGX at AllianceCreativeGroup.com

Blue Horseshoe Stocks: VNDA, NQ & More

NQ Mobile, Inc. NQ

Yesterday, we pointed out all the reasons why we felt that NQ was in a good position to make a run, and we certainly hope folks took it to heart, because the stock followed it up with an solid session.

We first observed a morning low of 9.40, and NQ subsequently made a healthy move to a high of 10.85 on the afternoon, which was good for an intraday gain of 15%

On the options side of things, the $10 Calls dipped as low as .35, and went on to trade as high as a 1.00. This provides a good example of why we’ve gotten more and more into trading options on big board plays. Even just a modest move on the chart can translate into huge gains on the right contracts.

NQ is gapping up to the tune of another 5% this morning, so we’ll continue to keep an eye on things as we head into week’s end.

So far, from the low we observed following our tag of NQ toward the end of last month (6.25) we’ve seen gains on the order of 77%

Vanda Pharmaceuticals, Inc. VNDA

VNDA was another NASDAQ-listed stock that appeared in yesterday’s report on the Extended Watchlist. It would trade in a range from 11.00-12.99, an 18% increase. Another modest move compared to what we’re accustomed to with the pennies, but coming from a big board play, 18% in a single afternoon is very impressive.

Like NQ, VNDA was trading near a relative bottom when we passed it along to readers, and with this new-found momentum, it will be interesting to see what happens next.

Whether or not VNDA can crack through its 50DMA (13.04) is going to be the deciding factor as to whether there’s more upside here. Yesterday’s high came in just shy of that mark, so we’ve got some resistance to contend with, but we’ll certainly be monitoring very closely for a break of that level on the chart.

Shamika 2 Gold, Inc. SHMX

SHMX is a sub-penny breakout play that we want to add to our radar this morning. Yesterday the stock traded 9x its 3-month average volume, and traded in a range from .0003-.0006. It always a good idea to be cautious when dealing with these triple-zero stocks, but as most of you know, when the potential risk is high, the potential rewards can be even higher.

We’re going to monitor this play for further activity, more specifically, a potential dip-and-rip. Should SHMX taper off and pull back, that’s where we’ll be waiting to strike. Correctly timing the bottom on one of these super–subpenny stocks can treat traders to a heck of a bounceplay as we’ve seen so many times in the past.

Side Note: AAPL Options

AAPL continued to break out yesterday past last week’s swing high of 644.17. Remember, on Monday we reminded everyone that the AAPL options chain was a good candidate to provide us with opportunities over the course of the week, and that has certainly been true thus far. The $640 Calls were as cheap as 1.35 on that day, and by yesterday, they were going for as much as 9.50.

Huge moves like that have almost become commonplace, as we’ve tracked AAPL through a more-than 100-dollar increase in just the past couple of months.

Extended Watchlist:
NEWL, S, HALO, AXAS, GIGA, BBRY

Blue Horseshoe Stocks: PBR, NQ & Extended Watchlist

Petroleo Brasiliero (Petrobras) PBR

PBR, which did so well for us earlier this year, is a point of focus for us once again. Since the huge gains the stock afforded us from March-May, it has consolidated a bit, and bounced off the 200DMA (Currently 13.69). We are turning our attention to PBR once again, because we want to be ready when the next upswing comes into effect.

We’d like to see support hold off of the 200DMA, and for the stock to make higher highs and higher lows to confirm the trend. When that occurs, we’ll be turning to the options chain as we did this spring, and presently, we have our eyes on the 07/19 $15 Calls, which as of yesterday were trading in the .30-.38 range.

In the event that the stock tests its recent swing high of 15.85 by the expiration date, it could spell a double or triple for those contracts, so we’ll really want to keep a close watch.

NQ Mobile, Inc. NQ

We’ve been tracking NQ this week; including the play in Monday’s Extended Watchlist, and this morning, we are seeing some serious pre-market activity on the stock. It is coming off of a recent bottom, and has already begun to fill one of the gaps on the chart this morning (Up to a high 10.45).

This morning’s announcement is regarding the independent findings of the investigative committee assigned to look into fraud allegations levied against the company in the fall. NQ looks as if it will be cleared of any wrongdoing, and that appears to be contributing to this morning’s spike.

We could be looking into this one at just the right time; in addition to this morning’s good news, the company is also due to release its annual financials, and some positive figures could add even more fuel to the fire. Conditions appear to be reaching an ideal level for us to potentially register some sizable gains with this play.

NQ Mobile Reports on the Special Committee’s Independent Investigation (Wed 8:08AM EDT)

Extended Watchlist:
TMSH, DRWI, ZBB, VNDA, TAST

Blue Horseshoe Stocks: ACGX Update

Alliance Creative Group, Inc. ACGX

We thought today would be a good time to revisit ACGX given the current positioning of the chart. For some of our newer readers; this was a play that has afforded us the chance at some stellar gains over the past couple of months.

Following a huge run to more than a penny back in April, we monitored ACGX for a bottom, which it found at .0035 (May 9th). Since that time, it has made a couple of significant swings, where it has run into some resistance at the .006-.0064 area. We are currently observing another strong move off of its most recent swing-low, with the stock having made higher lows for the past five consecutive sessions.

As you can see on the included chart, ACGX is on the fringe of cracking through its 50DMA, the RSI is about to flip up to the strong side, and the MACD appears to be setting up for a bullish cross. With these factors in alignment, we’re going to want to pay closer attention to ACGX over the course of the week.

Remember, per a recent PR, at the end of the month Alliance will be attending the 1st Annual Weedstock Conference in Denver (June 29-July 1), so we’ll be interested to receive an update on that come July.

More Info:
AllianceCreativeGroup.com

Provectus Biopharmaceuticals, Inc. PVCT

We spotted PVCT on a routine scan this morning, and wanted to include it given the current situation. The stock recently became the target of an upcoming class action lawsuit, and was actually halted on May 23rd. this led to a major selloff when trading resumed, triggering a gap-down.

It appears as if the firm handling suit has another couple of months to pull together plaintiffs for the case, so we’ll be long gone by the time that comes around. We are interested in PVCT purely for the potential for quick-strike opportunities as it corrects itself off of its recent lows in the .30-.70 range.

The re-filling of even a fraction of the gap on the chart could mean rapid profits for us, so we’ll be keeping an eye on this stock over the next few sessions.

Extended Watchlist:
IAG, DARA, SPEX, FREE, RNA, PBR