Tag: ADMP

Blue Horseshoe Stocks: Updates, Earnings Play


Cronos Group, Inc. CRON

We alerted CRON initially on Halloween morning and rode several options ideas to multi-bag gains through the early goings of last month. Since that time, the range on the stock itself has been rather impressive, with CRON shooting to new highs yesterday.

On the day of our initial report on CRON, we observed a low of 7.10. Yesterday’s new high came in at 11.89, which represents a gain of 67% in just under five weeks.


Spectrum Global Solutions, Inc. SGSI

We’ve also got another news alert for SGSI this morning, marking the third update since our special report on the company, which we released on the morning of November 19th. We highly suggest our readers check out the SGSI Report if you missed it.

Dec. 03, 2018 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC: SGSI) (the “Company”), a single-source provider of end-to-end, next-generation wireless and wireline network infrastructure services and solutions to the service provider (carrier) and corporate enterprise markets, provides the following update to its shareholders and investors from its CEO, Roger Ponder. (>>View Full PR)

Zillow Group, Inc. Z – Update

A couple of Wednesday’s ago, on the 21st, we highlighted some options ideas on Zillow, which caught our eye when we noticed some insider buying at relative lows. The insider buying trend has continued, as has Zillow’s filling of the gap we had identified on the chart.

Yesterday the stock hit a new high of 37.75, which from our observed low of 27.92 marks a move of 35% in just over a week’s time. That allowed new highs in the Z 01/18 $30-40 Calls on our watchlist.

Our signaled options ideas have thus far provided us with the following gain opportunities:

$30 Calls – Range: 1.57-6.66 – Max Gain: 324%
$35 Calls – Range: .57-3.83 – Max Gain: 572%
$40 Calls – Range: .10-1.42 – Max Gain: 1320%
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Fresh Options Idea:
Dollar General Corp. DG Weekly $109-103 Puts

Extended Watchlist:
LIQT, RHE, GTHX, ADMP, AMPE, UPL, USLV

Blue Horseshoe Stocks: Recaps, Fresh Ideas & More

Chipotle Mexican Grill, Inc. CMG 

Our extreme success on the options front continues. We cited the CMG chart setup as the reason for wanting to have our eye on the CMG Weekly $297.50-305 Calls yesterday morning, and were very pleased with the intraday performance we witnessed. It also didn’t hurt that the founder stepped down to make room for a new CEO, which went over well with the investment community.

Regardless of which strike price was chosen, there were some serious multi-bag single-session gains there for the taking:

$297.50 Calls – Range: 1.50-8.10 – Max Gain: 440%
$300 Calls – Range: 1.15-6.50 – Max Gain: 465%
$302.50 Calls – Range: .77-5.00 – Max Gain: 549%
$305 Calls – Range: .54-3.83 – Max Gain: 609%

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Fresh Idea:

The Kroger Co. KR – We want to signal some options to watch for Kroger as well after the company tidily topped 3Q forecasts with this morning’s earnings report. We’re going to be looking to the KR Weekly 25.50-27.50 Calls to try to take advantage of the conditions. We’re also anxious to listen in on the conference call slated for later this morning.


Crypto Recaps

Whatever you refer to it as, virtual currency, digital currency, or cryptocurrency, the rise of Bitcoin has fueled a hugely popular market sector, and caused many small companies to shift focus to attempt to capitalize on what has become pure hysteria.  Bitcoin breached $11,300 yesterday, and as a result, some of the BTC-related plays we’ve tagged have enjoyed really nice moves on the chart.

Integrated Ventures, Inc. INTV – Having recently lauched its bitcoin mining efforts, INTV is a stock that we slated for observation in our watchlist yesterday morning. The stock responded with a solid run from .551 to .97, marking an intraday pop of 76% on more than ten times its monthly average volume.

Peer to Peer Network PTOP – This one appeared in our watchlist earlier this month on the 7th. We came early to the party on this one, but with Bitcoin setting its new all-time high once again yesterday, it woke up in a big way. That included a serious intraday move of 1780% as PTOP traded from a low of .0005-.0094. It represented the stock’s highest price in three years, and a new all time record high volume, with over 400 million shares changing hands on the day.

Extended Watchlist:
RAD, MYSZ, RYB, MIK, ADMP, BOSC, IBIO, SNAP

Blue Horseshoe Stocks: Bottom-Watch Play & More

Synergy Pharmaceuticals Inc. SGYP – Bottom Watch

We noticed SGYP start to sell off rapidly last week, after a poor earnings report and the pricing of a public offering on the stock with shares being offered at 2.58. Combined with the start of tax-loss selling season, and SGYP has approached extreme oversold territory.

We’ve now begun to take interest in this as a bottom watch play to monitor for a rebound in coming sessions, and it could ultimately be quite a recovery. We’ve got a stock that was trading for nearly seven dollars a share at the beginning of this year, beaten all the way down to new annual lows. If SGYP were to regain even a portion of the ground it’s lost in recent months, it would be worth our time to track it.

Wal-Mart Stores, inc. WMT – Options Idea

Looking at this morning’s premarket earnings calendar, it was WMT that jumped out at us the most, with a solid beat, and heightened guidance propelling the stock to a moderate gap up at the moment.

We’re going to formulate a quick options idea to try to take advantage of the situation. Walmart has been exceptionally bullish for most of this year, and is currently soaring into blue skies, setting a new annual high with every uptick.

We’re going to put the WMT Weekly $92-96 Calls on watch for the remainder of the week.

Extended Watchlist:
SRNE, MD, ADMP, QRHC, CREG, MD, RIOT, AFMD