FB, AAPL Options, GOGO & Extended Watchlist

Facebook, Inc. FB – Options

On Wednesday, some of you may recall our interest in FB calls, as we stated “if the stock can break the $46 barrier… we’d be looking at in-the-money Calls like the 09/21 $45.50′s.” As you can see on the included chart, after seeing a low of .10, those contracts would go on to trade as high as .85 during yesterday’s session. That move was good for overnight gains in excess of 750%

With FB gapping up this morning and hitting new 52-week highs, we are going to want to continue giving our attention to the Calls. Of course, in the event that we see a reversal off of these substantial gains, we are going to be on the lookout for a dip-and-rip scenario, which could bring us even further gains with a properly timed bottom.


Apple, Inc. AAPL – Options

We’re also seeing a gap up in AAPL which is coinciding with the release of the latest versions of the iPhone 5(S/C), and with a sizable gap to fill on the chart, we could actually see AAPL go to $490 today. If it did approach that level, we’d be interested in the $480-485 Calls, which could provide us multi-bag gains.

Other than flipping the weekly Calls intraday, we might also want to consider contracts with later expiration dates if it appears AAPL is gaining a head of steam that would carry over into next week.


Gogo, Inc. GOGO

We first mentioned GOGO on Monday, and at the time the stock was trading as low as 14.79. Currently we are seeing the stock trading at 18.15 pre-market, (a gain of 23%) so this is another play that will be grabbing our attention today. For a big-board stock in this price range to see a gain of that magnitude inside of a week is nothing short of remarkable.

Gogo actually has an intriguing technology for providing super-standard Wi-Fi internet connections to airline passengers with in-flight data delivery speeds of up to 60Mbps. With the company just having announced that they will be bringing their products to North America in 2014 pending FAA approval, this is definitely a stock that we are going to want to put on our long-term watchlist, as we see how its story plays out.


Extended Watchlist:
FREE, CYCC, VRNM, ACRX, FU, PZG, RNA (Big gap-down, watching for bounce.)

Blue Horseshoe Stocks: FB & AAPL Options, INO, NOK, ZQK

Facebook FB OptionsThe FB 09/13 $41 Calls first appeared in our reports on September 4th, as we stated: “…if FB can breakout to $45 by next Friday, we could be looking at multi-bag gains from these contracts.” While we fell just shy of our target by .39 at Friday’s high of 44.61, the price action on those calls was still enough to provide us with those multi-bag gains with a whole trading week still remaining until expiration! So far, from their low following our 09/04 alert at 1.29, we saw a subsequent push to 3.80, good for a gain of 251% over a period of just a couple of days.

We’re going to remain bullish on these $41 Calls as we head into Friday’s expiration, as we think the chances are fair that FB as a whole remains on a general uptrend. It could lead us to move up on our strike price and contract duration as well. The 09/21 $45 Calls closed at .82 on Friday, and if Facebook does continue its upward momentum, those are likely to be the next contracts that will catch our interest.


Apple (AAPL) Options

There has been much speculation surrounding the possible focus of Apple’s big event tomorrow, which is widely believed to be an unveiling of the new iPhone 5S, although there have been no confirmations. Whenever a situation like this comes along, we always try to stay ready to advantage wherever possible. The public’s reaction to tomorrow’s event will determine our reaction in playing the Apple options chain. A successful reception and subsequent rise in PPS would obviously draw our attention to the Calls, while a disappointing result would force us to look at the Puts.


Inovio Pharmaceuticals, Inc. INO

We’ve been hot on the trail of INO since the beginning of July, when the stock was trading below a dollar (.7953 at its low). Within a month of that, by early August the stock had hit 3.03, which represented a move of 281%

We reminded everyone on August 23rd that we were observing higher highs and higher lows after the subsequent consolidation ( to a low of 1.60). Then on Friday, sent another reminder that INO was beginning to bounce back. We then saw a run back to 2.45, which marked a gain of 53%

This morning, the stock hit a high of 2.85 in pre-market trading, and trades are currently going off in the low 2.70’s.


Nokia Corp. NOK

Another stock that has done extremely well for us over an extended period is Nokia (NOK), especially recently, as its shares price ballooned on news that Microsoft had acquired its devices division as well as licensing rights to several of its patents. We’ve been following this stock for over a year now, and in that time we’ve seen a low of 1.91 run all the way up to recent highs in the high 5.50’s, a move of over 190%


Quiksilver, Inc. ZQKZQK appeared in Friday’s extended watchlist following release of an earnings report. After establishing a low at 5.99, the stock ran as high as  7.09, granting us the chance at an 18% intraday gain.


Extended Watchlist:
EXMT, BBRY, BLRX, UNIS, CLSN, MNTG

 

IWEB, BBRY & Extended Watchlist

IceWEB Inc. IWEB

We’ve been covering IWEB for over a month now, and during that time the company has retained several new clients, as well as racking up more than 200% in cumulative gains.

The company has remained very active with regard to reporting on those clients and keeping its shareholder base well-informed of current events. Today was no different as IWEB announced that it has been selected by a major cloud services company to provide it with IceWEB’s award-winning IceSTORM storage devices, indicated in the PR below:

We also made a quick video of the current IWEB chart for your convenience:

STERLING, Va., Aug 14, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation – (OTC BB:IWEB), today announced that a large cloud services provider has purchased two IceSTORM Data Storage appliances to be deployed in Denver and Seattle.

The customer will utilize IceWEB’s award winning asynchronous replication technology to replicate data between sites as a part of their disaster recovery strategy. The customer selected IceWEB after learning of our advanced feature set in a recent DCIG Private Cloud Storage Buyers’ Guide. Of particular interest to them was our ability to create Zero Copy Clones from a previous snapshot to recover lost data as well as our ability to encrypt the data in transit. >>>FULL STORY


Blackberry Ltd. BBRY
Allow us to take a minute to pat ourselves on the back for our recent coverage of Blackberry. We were monitoring BBRY for a bottom back in the second week of July, and indeed saw a subsequent low of 8.57.After hitting a high of 12.18 yesterday. the stock marked a 42% gain off of its low. That’s quite a significant move in just a month’s time for a big-board stock.


Extended Watchlist:
MNKD, AMPE, CHTP, AAPL, WILD