Blue Horseshoe Stocks: ITEK Recap, Options Ideas & More

Inotek Pharmaceutical Corp. ITEK

Our report for yesterday brought a couple of nice opportunities, with ITEK standing out as the most impressive. We caught this play on our routine morning scan, after noticing some abnormally elevated premarket activity. The company had released some information regarding its glaucoma treatment exiting Phase II studies and laying a strategic path for Phase III, and needless to say, it was very well-received.

This wasn’t a blink-and-you’ll-miss-it sort of move either, with just a small move up to start the session, ITEK traded sideways for most of the morning. Just prior to lunchtime is when we started to see the beginnings of an epic intraday run, especially for a stock in this price range.

From a low of  7.66, the stock exploded to reach a daily (and new annual) high of 16.75, standing as a single-session surge of 119%  The overall move as of this morning’s premarket high of 18.20 registers as an overnight increase of 138%  Cheers go out to any of our readers who caught our alert!

Inotek Pharmaceuticals Announces Positive End-of-Phase 2 Meeting with FDA and Phase 3 Development Strategy for Trabodenoson, a Novel Treatment for Glaucoma (Thu, Jul 23)


WindStream Technologies, Inc. WSTI

It was Tuesday’s Letter to Shareholders that caught our eye in the premarket news feed, causing us to raise a flag on WSTI that morning.

We’ve covered it every day since, and have been rewarded with incremental gains throughout, with the stock recording higher highs and higher lows each session. Yesterday, we witnessed an intraday run from .0172-.0244, which yielded the chance at gains of up to 42% on the day.

From our observed low on Tuesday (the 52-week low of .0085) we’ve now seen an overall jump in WSTI amounting to 187% in just three session’s time. Refer to the annotated chart below to evaluate WSTI’s chances of making further advances from this juncture.


Friday Options Ideas

If you recall last Friday, we came up huge with an alert on Weekly GOOG Calls.  We mentioned how time-decay at this point in the week begins to evaporate premiums in contracts with a weekly expiration, and generates a high-octane volatile environment where big gains are often there for the taking for those who can assume a higher-than-average risk.  A 694% intraday run from one of the sets of contracts we highlighted in that report was there to prove our point.

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We’re going to venture a similar set of ideas this morning for Weekly AMZN Calls in the $575-595 range. The stock is gapping up hard this morning to the tune of 20%, thus we will have our eyes peeled for a classic dip-and-rip scenario.

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We’re also going to put a marker flag on Weekly FB Calls from $96-50-97.50. The stock is rebounding off of a pullback over the past couple of days, after performing extremely well for the majority of this month.


Extended Watchlist:
AMDA, ACRX, CALA, ICLD, CRGP(news), HERO(52-wk lows)

Blue Horseshoe Stocks: FWDG, SCYX Updates & More

FutureWorld Corp. FWDG

On Monday, we put FWDG on our radar as a result of a PR we caught that morning outlining an upcoming share dividend. Those who own shares of FWDG as of next Thursday, April 30th will receive dividend shares of HempTech Corp (>>View Website)

We mentioned that we’d be tracking this play leading up to the dividend date, and it appears to have found a base of support at .0024 late this week. From that level, yesterday the stock rebounded back to .0034 (+42%). The next area of resistance on the FWDG chart is the 50DMA of .0038.


SCYNEXIS, Inc. SCYX

SCYX appeared in yesterday’s extended watchlist, and put up a noteworthy intraday performance.The stock saw a brief low of 8.15 first thing in the morning, and ran into the close at 9.99. That worked out to a 22.5% increase on the day, and it come on substantial volume to the tune of just over 51X the monthly average trading volume.

Anytime we see a stock close with that kind of momentum, it’s one that we’ll monitor closely in following sessions. We will of course be on the lookout for both continued momentum as well as an eventual consolidation that could lead us to opportunities on the bounce.


Pazoo, Inc. PZOO

In addition to bringing us multiple chances at sizable intraday gains over the past three weeks, PZOO is also building itself a beauty of a chart. We’ve seen continual progress since observing a low of .0049 (04/06) as the stock managed a subsequent high of .0125 (+155%), and has registered a higher low every single day this week. It’s easily observable on the chart snapshot we’ve included below.


The company also remains active in the news; last week promising full repayment of one of its convertible notes within ten days, and this morning informing us that they met their obligations totaling $400K.  Pazoo also highlighted its plans to repay another note to a different firm in coming weeks. It shows a real commitment to cleaning up its books and moving in a positive direction, so we’ll want to stay attuned to the news wires for future updates.

This Morning’s PR:

WHIPPANY, N.J., April 24, 2015 (GLOBE NEWSWIRE) — Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#: A1J3DK), is pleased to announce that as of today, the company has completely repaid the total of its obligations on its Convertible Promissory Notes to Union Capital LLC. Pazoo announced on April 15th its intention to pay off Union Capital within ten days’ time. Pazoo made good today on its intentions. Pazoo’s next steps will be to pay off the Eastmore Capital Note within the next few weeks.

Pazoo felt it’s extremely important to let shareholders and the public know that it continues to meet its commitments, and assure the public that Pazoo is taking affirmative steps to prevent any conversions of these Notes into free trading shares of the company’s common stock. >> FULL PR


Added Notes:

Apple Inc. AAPL has been a beast all week in anticipation of earnings at the beginning of next week. The stock is gapping up this morning to highs that it hasn’t seen since February. We’ll be looking for a possible daytrading opportunity in the $130 Weekly Calls as the dip-and-rip is one of our favorite setups.

Amazon.com, Inc. AMZN will also be on our radars for a potential dip-and-rip scenario following its earnings beat. We’re going to monitor Calls in the $420-435 range.


Extended Watchlist:
MSTX, CLF, MCP, LOOK

Blue Horseshoe Stocks: ACGX News, RSHC, Options

Alliance Creative Group, Inc. ACGX

The first thing we want to point out this morning is the exclusive interview we conducted with ACGX executive Paul Sorkin on our sister site, StockTradersTalk.com. It will be available later today, and it gives an in-depth look into all of the exciting things going on with ACGX.

As noted in the corresponding PR below, to see the interview, simply navigate over to StockTradersTalk.com at noon. Don’t miss it! 

CHICAGO, IL–(Marketwired – February 09, 2015) – Alliance Creative Group, Inc. (http://www.AllianceCreativeGroup.com) (ACGX), a product development agency with a fully integrated customer engagement campaign platform, COO and General Counsel, Paul Sorkin, will be a featured guest in an interview today at 12pm EST.

An archived recorded version can be found on the homepage of Stock Traders Talk at http://www.stocktraderstalk.com/ following the interview.


RadioShack Corp. RSHCQ

Following its delisting from the NYSE last week, Radio Shack(formerly RSH) now trades OTC under the new symbol, RSHC(Q). Even amid the company’s financial woes, we had some success with RSH last year.

We’ll be looking at RSHCQ as it comes up off of a bottom of .09 reached on Thursday. The stock began to bounce and Friday, maintained support at the .12 mark. It came in conjunction with the news that 1,700 RadioShack stores were set to begin liquidation-style closing sales as part of a paring down of the company’s brick-and-mortar businesses.

What we’ll be looking for from here is for RSHCQ to register higher highs and higher lows to confirm the uptrend which began on Friday. Current resistance is sitting at .15, .35 and .41.


Options Trading

Twitter, Inc. TWTR
&
LinkedIn Corp. LNKD

We’ve made several great options calls in the last couple of weeks thanks in large part due to the predictable nature of trading action during earnings season.

On Friday, we noted our interest in TWTR $45 and LNKD $263 Calls- TWTR closed at  $48.01, and LNKD closed over $263.40, so anyone trading either set of contracts would have been able to walk away with substantial profits on the day as those strike prices were pushed deep into the money.

Amazon.com, Inc. AMZN

Back on January 30th, we were talking about some AMZN weekly calls, and in that same report we offered up a longer-term idea, specifically the 02/20 $350 Calls. It turned out to be an amazing idea, with those contracts going for as little as 5.58 that day, and running all the way up to $30 last week as AMZN has made its way to $370-range. That marked a move up of 438% inside of a week!


Extended Watchlist:
SPRZ, CTIX, IOSA(merger news)

Blue Horseshoe Stocks: Refocusing on ACGX


Alliance Creative Group, Inc. ACGX – Update

All but the newest of our readers should be aware of our ongoing interest in ACGX. The stock has appeared in our reports on several occasions over the past couple of years, and it has repeatedly provided us with chances to turn a profit.

This past spring, we tracked ACGX on its way to a 100% move from .0055-.011. Upon subsequent consolidation, we also witnessed many significant swings. Most recently, we focused on ACGX a couple of weeks ago on January 15th. The stock had come down to bounce off of support at the .002-level, and that report turned out to be very well-timed, with the session yielding up a 33% intraday run from .0021 to .0028.

What we’d like to do today before assessing the current positioning of the ACGX chart, is to focus a bit more on the company’s latest acquisition, PeopleVine:

PeopleVine is a complete customer relations platform comprised of an impressive suite of tools that facilitate every aspect of customer engagement for growing businesses.

From identifying, targeting, and acquiring new customers, to managing existing ones and keeping them actively engaged and loyal, Peoplevine’s individual modules are seamlessly integrated from start to finish. It effectively replaces multiple avenues of customer engagement, and therefore has the potential to reduce costs in those areas.

The platform provides economic efficiency by breaking down each customer interaction to individual events called TouchPoints. The pricing structure is divided into multiple levels for scalability, so companies aren’t paying for more than they need to effectively grow their business.

We’re really impressed with the capabilities of the PeopleVine platform and its overall flexibility, and most importantly, the added value its acquisition brings to ACGX. You can take a much closer look over at the PeopleVine product page.

CHART:

We’ve prepared a video presentation of the ACGX Chart that we’d like you to check out by clicking the graphic below.

As the video states, we want to see support hold for ACGX at or above the .0018-.002 range.  Resistance is sitting in the channel between .0027-.0029 channel so we’ll be looking for a break through that area, where the next target would be the 200DMA of .0035. A return to that point on the chart would spell potential gains in excess of 75% So we’ll continue to devote attention to ACGX, which has yet to let us down over our long history with the stock.

More Info @ AllianceCreativeGroup.com


Side Note – AMZN Options Success:

We want to take a quick moment to highlight some absolutely amazing Options Calls we made on AMZN last week. We scored our first 1000% gainer with NFLX Options the week prior, and it didn’t take us very long to identify a couple more!

On Friday, we highlighted the weekly $345 and $350 Calls for intraday flip opportunities and what we ended up with were some ridiculously large gains. The $345 Calls traded from a low of  1.15 and shot all the way up to 14.25, marking a single session move of 1139%    The $350’s fared even better, registering a run from .39 to 9.56, a mind boggling 2351%

Congratulations to anyone who was following our AMZN calls on Friday. We’ve had immense success with options trading thus far this year, and vow to continue the trend as best we can! The biggest gains are yet to come!


Blue Horseshoe Stocks: Landmark Week for Options

Apple, Inc. AAPL – Options
We targeted AAPL Options for the first time in several months this week, and our timing in re-entering the mix was extremely fortuitous. Just to break it down for those who may have missed the bulk of this week’s coverage, we entered our ideas in Wednesday’s premarket report, citing AAPL Calls in the range of $113-117 as being high interest.

Things worked out great that first day, with three sets of call contracts in that range ($114, $115, $116) yielding up gains ranging from 167%-235%  AAPL continued to surge yesterday as it briefly breached the $119-mark, and as a result, those highs on our tracked calls were pushed significantly higher.

The $114 Calls, from Wednesday’s low of 2.23, managed to reach as high as 5.20, equal to an overnight increase of 133%

The $115 Calls saw their low at 1.58, and at the peak of yesterday’s session were trading for as much as 4.20. That marks a two-day jump of 166%

The $116 Calls overall move was also very impressive, ranging from 1.10-3.25, gains of up to 195% were made possible.

At the high end of our initial range of interest were the $117 Calls, which hit an early low of .45 yesterday, and subsequently touched a high of 2.35, registering as a single session move of 422% All in all, there was really no way to go wrong with our AAPL Calls this week following a big earnings beat by the tech giant.


Amazon.com, Inc. AMZN – Options

Speaking of exceeded expectations on earnings, AMZN smashed its previous two-quarter trend of losses by posting Q4 profits of $214M on just over $29B in sales. As a result, the stock spiked significantly, and continues to do so in this morning’s premarket. To take advantage of the resultant price action as we did with AAPL, we’ll be outlining some options ideas for AMZN as well.

For a possible intraday flip opportunities we’re looking at the Weekly $345 (Last traded: 1.49) and $350 Calls (Last traded: 1.24). For more of a longer-term interest, we’ll  keep an eye on the 02/20 $350 Calls (Last traded: 3.25).


Extended Watchlist:
DECN, OPBL, PEII

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