Connexus Corp. CNXS
We tagged CNXS in a bitcoin-related watchlist in Thursday’s premarket report, and the stock finished out the week on an extremely high note. From our observed low on Thursday, it made a fantastic two-day swing for us.
CNXS traded up from .0007, cracked through from super-subpenny to subpenny range, and hit a high of .0017, a 143% move which occurred on heavy volume.
We weren’t very surprised to see some nice plays come out of that watchlist, as bitcoin stocks are trending considerably at present.
Viva Entertainment Group, Inc. OTTV
Speaking of super-subpenny plays, from Friday’s extended watchlist came OTTV, a stock which hasn’t been trading too far above its 52-week lows recently.
We saw a solid run from OTTV on our first day of observation with the stock trading up from .0004- to .0007 for an intraday rip of 75% on slightly greater-than-average volume.
Big Lots, Inc. BIG – Options Update
Before breaking for the long weekend we wanted to try to continue a pattern of post-earnings options trading success we’ve had this spring. We did so with the BIG 06/16 $55 & 57.50 Calls, and were very pleased at those contracts’ performances for our first day of tracking.
The $55’s put up a fantastic run from .02-.10 for a 400% banger on the day, while the $57.50’s made a nice round double-bagger trading from .05 to .10 on the day. With more than two weeks still remaining until expiration, we’ll continue to keep watch over these plays.
SPECIAL REMINDER:
We want to give our readers advance notice on a special report headed your way tomorrow! We’ve got a new pick all loaded up for tomorrow morning on a cannabis-related stock trading under .05/share that you definitely won’t want to miss!
Be sure to scan those inboxes or watch our blog at BlueHorseshoeStocks.com shortly after 9AM Eastern tomorrow morning!
Extended Watchlist:
GYOG, PGPM, ECYT, ATW, NSPR, PTGX, NIHD, BIOS