Blue Horseshoe: PHOT, AAPL & FB Options

Growlife, Inc. PHOT

We brought PHOT back into the fold this week, stating that we wanted to see it hold support in the .05-.06 range. It did manage to do so; after touching a low of .057 earlier in the week, the stock went on to hit .069 in morning trading yesterday. That represents a move of 21% off of its bottom.

Yesterday’s volume exceeded that of the three previous days combined, and with that kind of momentum, we are on the lookout for possible carryover through today and into next week.


Options Trading

Apple, Inc. AAPL

On Wednesday, we stated our interest in the AAPL 11/01 $505 & $510 Calls. The $505’s last traded at 13.70 yesterday, and the $510’s at 11.45. Those figures mark excellent progress in these Calls since we’ve been paying attention.

We are going to want to continue to keep our eyes glued to the AAPL options chain as we approach the forthcoming iPad event and earnings release.

Facebook, Inc. FB

Facebook broke out to new 52-week highs this week, so we’re also focused on Call opportunities that may present themselves should the upward trend continue there.


CHGS, DUSS & Extended Watchlist

China GengSheng Minerals, Inc. CHGS

After appearing on yesterday morning’s extended watchlist, CHGS came screaming out of the gate, running from .19 all the way up to .35 (+84%). The stock consolidated, and followed that initial run with two subsequent bounces, one from .24-.35 (+46%), and another from .28 to the day’s high at .39 (+39%).

A tip of the cap to anyone who was able to take advantage of some of the nearly 170% in cumulative intraday gains provided by CHGS, which can be seen on the following chart:


Dussault Apparel, Inc. DUSS
DUSS was the addition we made to the day’s watchlist in yesterday’s afternoon update. Following that alert, we saw a low of .0012, followed by a 25% run-up to the .0015 high-of-day where the stock closed.

As you can see on the annotated chart below, the next key area of resistance to watch for a break resides at .0024. A break past that point would put us in blue-sky breakout territory.

PLEASE NOTE: DUSS is a play that we selected from one of our daily scans. We were not compensated in any way to feature DUSS in our reports, however, owners of this newsletter did purchase two million (2,000,000) shares out of the open market.


Extended Watchlist:
KERX, GERN, ODP, BORN, FB, AAPL, XNY, RMTI

Blue Horseshoe Afternoon Updates

Big Day for Extended Watchlist

Once again, a play off of our Extended Watchlist comes through for us in a big way. For our newer members, we are constantly reminding our readers to pay close attention to this feature in our reports. Failure to do so will often result in missed opportunities.  We strive to include a vast diversity in the pool of interests that we present to you on a daily basis.

Each day, our rigorous scans of literally thousands of different stocks allow us to present this assortment; it is a method that has turned up some of the most impressive gainers that we feature, and has done so on a consistent basis.

We don’t know of any other newsletters that do this, and we are certain of the fact that we coined the term “Extended Watchlist”. We cover more ground than anyone else out there, and take great pride in the vast range of opportunities that we present, from nano- and micro-cap penny stocks, all the way up to rapid-gaining  big board plays, as well as options trading, and more.

We challenge our readers to find a more comprehensive and successful approach anywhere on the web, and welcome your feedback, as we are ceaselessly striving to provide you with the most top-notch service possible. Our seemingly endless roll of successful trades confirms that we have done a pretty good job at that.

For example, 5 out of 5 of the plays included in this morning’s Extended Watchlist  (CHGS, GSS, CAK, BORN, SUTR) have turned in green performances thus far today. Read below for the ranges and resulting max gains on these plays:

CHGS | Range: .19-.35 | Gain: 84%
BORN | Range: 3.13-4.40 | Gain: 41%
SUTR | 1.951-2.12 | Gain: 9%
CAK | .8726-.938 | Gain: 7.5%
GSS | .4223-.4342 |Gain: 2.8%


Addition to today’s Extended Watchlist:

Dussault Apparel, Inc. DUSS

This is a breakout play we’re currently watching that we wanted to add to the list of today’s prospects.