Blue Horseshoe Stocks

Blue Horseshoe Stocks: Midday Updates

Apple, Inc. AAPL Options
We sincerely hope folks have been following our coverage of Apple Options. More specifically, the $440 Calls we’ve been looking at: They traded for as little as 2.57 today before going on to hit a high of 8.90, for a possible intraday gain of up to 246%

The $435 Calls also yielded chances to profit big, trading from 4.15 to a subsequent high of almost 12.00.

If Apple can break past $445, we will be looking to the $445 and $450 Calls to continue reaping these kinds of rewards.

Yamana Gold Inc. AUY Options
As we suspected it might, AUY has begun to rebound this morning as Gold Prices are doing the same. In addition to the stock itself looking attractive from this vantage, we are looking at the $11.00 AUY Calls, which have been increasing in value as the AUY attempts to break above eleven dollars, which it did for a brief time this morning.

Real Goods Solar, Inc. RSOL
RSOL came off of this morning’s extended watchlist to make a run from 4.55 to 6.43, gaining as much as 41% intraday. We offer congratulations to anyone who was able to take advantage of this rapid gainer.

Evermedia Group, Inc. EVRM
EVRM dipped to Friday’s low of .0012 before touching a high of .0016, for a 33% move.

AAPL, EVRM, AUY & Extended Watchlist

Apple, Inc. AAPL Options

On Friday we talked about our interest in the $435 and $440 Calls, and the day’s session certainly provided us with significant opportunity. The $435’s were changing hands for as little as 2.34, and went back over 4.00, and the $440’s went for as low as .60 before running to 1.30 in just the first hour of trading. The $435’s then went on to provide us with a couple of bounce opportunities over the remainder of the day.

Evermedia Group, Inc. EVRM

EVRM came off of Friday’s Extended Watchlist to provide us a couple of chances for modest gains. The stock started the day by trading in a range from .0014-.0016, then dipped back to .0012 before closing at .0014.

Yamana Gold Inc. AUY
We are putting AUY on watch this morning as a potential bottom bounce play. The stock is trading around its 52-week lows, thus we want to be on the lookout for a possible reversal.

Unlike a lot of the OTC gold stocks we cover which are usually beginning-stage companies, this NYSE-traded company is engaged in fairly heavy production. They recently reported a 4% year-over-year increase in gold production for the First Quarter, pulling over 248,000 ounces of gold from the earth, yielding revenues of more than a half-billion dollars.

Couple the recent beating taken by gold, and the earnings and revenue (while impressive in and of themselves) failing to meet Wall Street’s expectations, we can see why the stock has fallen. We also want to be there to see the recovery as well, so we will be continuously montiring AUY for the foreseeable future.

Extended Watchlist:
CERP, EXPU, RAD, RSOL, PACT, IQNT, ROSG, DANG,

EGLE, AAPL Calls & Extended Watchlist

Eagle Bulk Shipping, Inc. EGLE

EGLE appeared in yesterday’s extended watchlist after the recent release of a positive quarterly report caused a surge in both volume (more than 20X the 3mo. average) and PPS. The stock had a daily range of $4.10-5.93, offering up the chance for up to 45% in gains.

We’re keeping this one on watch for a continuation of the current run, and because of the large amount already gained over such a short period, we also want to take advantage of any bounces resulting from a subsequent pullback.

NEW YORK, May 15, 2013 /PRNewswire via COMTEX/ — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) today announced its results for the first quarter ended March 31, 2013.– Net reported income of $1.4 million or $0.08 per share (based on a weighted average of 16,966,070 diluted shares outstanding for the quarter), compared with net loss of $17.4 million, or $1.11 per share, for the comparable quarter of 2012.

— Net revenues of $72.2 million, compared to $52.6 million for the comparable quarter in 2012. Gross time charter and freight revenues of $73.6 million, compared with $54.8 million for the comparable quarter of 2012.

— EBITDA, as adjusted for exceptional items under the terms of the Company’s credit agreement, was $32.5 million for the first quarter of 2013, compared with $13.8 million for the first quarter of 2012.

Apple, Inc. AAPL Options

Apple appears to be gapping up this morning, and as usual we’re looking to leverage its activity to allow us to make sizable gains trading options. Currently, we are honing in on the $435, and $440 Calls. We may even have to move our strike price up to $445, should the stock continue to exhibit the incredible momentum we saw yesterday as it traded in a range from $418.90-437.85, yielding multi-bag gains for call contract holders.

The stock has already hit a high of $441.50 pre-market, and is currrently trading above $438.

Extended Watchlist:
EVRM, ETRM, MHGC, PPHM, EXM, FREE,

VDSC, MJNA & Extended Watchlist

ALAS International Holdings, Inc. VDSC

After a slightly rocky start yesterday morning in which it pulled back to .0128, VDSC surged back, gaining 28% as it touched .0164 in the afternoon, and closed with strength near that high of day (.016). We pointed out on the chart yesterday that a Golden Cross was imminent, and that occurred as well.

We are going to be keeping a keen eye on this stock today as well, although it has already seen four consecutive days of gains, so the time for locking in profits could be close-at-hand.

BARCHART.COM is currently giving VDSC an 88% Overall “Buy” Rating

Medical Marijuana, Inc. MJNA

We’ve had this stock on our radar for over a year now. Following an alert on August 9th , it was trading as low as .032. By mid-February, we witnessed a surge to as high as .50, for an overall increase of 1463%!

Since that time, it had been in an overall downtrend until just recently falling back to the twelve-cent range. The stock has now begun to show signs of recovery, and our focus has been drawn back to MJNA due to the current setup on the chart. As we’ve pointed out below, there is a promising look to it, with the MACD having just crossed. We’d like to see it continue to hold support off of the 200DMA and 20DMA (.152 & .189 respectively) and start to push towards that 50DMA at .238.

We also wanted to talk about this old favorite of ours as the company has just released its updated quarterly report which boasts higher-than-projected net income:

Operating highlights of the quarter were as follows:

Expanded its portfolio of innovated cannabinoid based phyto-medical companies with an investment in KannaLife Sciences. KannaLife Sciences, Inc. is a late stage bio-pharmaceutical and phyto-medical company involved in the research and development of novel new therapeutic agents designed to reduce oxidative stress, and act as immuno-modulators and neuroprotectants.

KannaLife Sciences currently holds an exclusive license with National Institutes of Health – Office of Technology Transfer (“NIH-OTT”) for the Commercialization of U.S. Patent 6,630,507 “Cannabinoids as Antioxidants and Neuroprotectants” (the “‘507 Patent”).

Dixie brand received national exposure in Fortune Magazine, Boston Globe, Martha’s Vinyard Times, USA Today, Fast Company, Channel 5 Boston, increasing public awareness for the Company and its brands.

Dixie brand continued product development and captured additional market share. Currently Dixie services an estimated 90% of the addressable market based on the number of available accounts\retail outlets in Colorado.

…More highlights in the Full Report>>

Extended Watchlist:
APDN, EGLE, RGDX, FMCC, FNMA,

Blue Horseshoe Stocks: VDSC & Extended Watchlist

ALAS International Holdings, Inc. VDSC

VDSC appeared on yesterday morning’s extended watchlist, and went on to have one heck of a session. After opening at .0096, the stock surged as high as .0148, for a possible intraday gain of 54% before it receded back to close at .0135. This wasn’t the first time since then that we’ve included VDSC in our extended watchlist. Back on March 11th following a morning alert, the stock was trading as low as .0013, which to yesterday’s high. marks a whopping increase of 1038%

Back in early January the stock made a really impressive move from .0007, to .0093 by the end of the month. We’d like to see that breached resistance level at .0093 hold as future support in the event of a pullback.

Options Trading
We also have FSLR $55 Calls on our radar this morning. They closed at .29 yesterday. We expect the stock to gap up this morning, at which time we will be looking for a dip-and-rip scenario.

Extended Watchlist:
AEGY, CHCI, DVR, FNMA, FMCC, ALXA,