BAS Archives - Page 2 of 2 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options, Bottom-Plays & More

OPTIONS IDEAS

Wynn Resorts, Ltd. WYNN – This play was part of a casino-related watchlist we put together at the beginning of this month, and it has essentially spent the last two weeks in a constant uptrend, culminating in a new 52-week high yesterday.

Despite having been in blue sky territory for so long, we’re still interested in setting a range of options calls to track over the next couple of sessions. The outlook on Macau gaming is bullish, and as a result, a lot of folks have casino stocks like this one on high alert. We’ll have the WYNN Weekly $108-110 Calls on watch today and tomorrow.

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Aerie Pharmaceuticals, Inc. AERI – We’ve got a news-related runner in AERI this morning, which is soaring in the premarket today on the heels of positive trial results for its eye pressure drug.

To be ready to take advantage of the intraday activity in this play, we’ll be monitoring the AERI Weekly $30 & $35 Calls for possible daytrade opportunities.

AMC Networks, Inc. AMCX

We’re interested in flagging AMCX today after noticing the stock has just fallen to a new annual low on Monday, and indeed its lowest prices since January of 2013.

In the ensuing two sessions, higher highs and higher lows have been achieved off of that bottom. The stock is heavily oversold at present, and we’re going to place it on a long-term recovery watch.

Axion Power International, Inc. AXPW

We’ve been awaiting a bottom on AXPW for quite some time now, and it appears to have finally come this week. Just like the above-mentioned play, the stock hit a new 52-week low on Monday, and has made some steady progress in making its way off of that bottom over the past couple sessions.

This stock was trading at the .03-level less than three weeks ago, and a return to that area on the chart would be good for multi-bag gains from current levels, so we’ll be continuing to keep a close eye on this one as well.

Extended Watchlist:
BSPM, NAVB, ACST, HOTR, BAS, ENRJ

Blue Horseshoe Stocks: Chatroom Calls, More Ideas

From Our Daily Traders Chat

Based on the events of yesterday morning, it’s time once again to point out why we strongly suggest our readers also take part in our daily live traders chats via Skype.

Promptly at the opening bell, as you can see on the screen-snap below, we signaled interest in WCYN, which subsequently went on a huge intraday tear that took it from a low of .0035 to as high as .047; that’s a move of 1243%

We also alerted TOPS at that time, and it made a run from 4.35 to a high of 7.09 for a 63% pop on the day. The stock is trading up over 7.50 in the premarket, so it looks like our observed gains are set to increase this morning.

Both of these plays are great examples of late-breaking opportunities that don’t make it into our daily reports, but that we still make available to our community of traders, and that includes YOU! To get involved, simply send a Skype contact request to username: “stocksumo” and we’ll get you all set up!

Kraig BioCraft Laboratories, Inc. KBLB

Yesterday we were outlining our July 13th report wherein we alerted KBLB, which was trading as low as .0261 at the time. To that point we’d seen it accumulate a gain of 164%, hitting .069 on Friday.

We also mentioned that we’d continue to track the stock if it could hold support above .04, and KBLB did us one better; it ran 27% from .075 to .095, and extended the overall increase we’ve witnessed in just over two weeks to an impressive 264%

CGrowth Capital, Inc. CGRA

After appearing in yesterday’s premarket report, this old familiar face produced a decent chance for some solid intraday profits. CGRA traded in a range from .0235 to .032, a notable jump of 36%

Options Idea:

Shire plc SHPG – Coming off of a premarket earnings release that has SHPG gapping up moderately in premarket trading this morning, we want to signal a range of options contracts to track in sessions ahead.

We’re looking at the SHPG Weekly $197.50-202.50 Calls. We’ll be interested in these calls provided SHPG holds support above the $195 mark on any initial pullbacks off of this morning’s gap-up.

Extended Watchlist:
AGTK, AMLM, LEXG, ONOV, BAS, EMKR,

Blue Horseshoe Stocks: NEWC Executive Interview & More

New Colombia Resources, Inc. NEWC On Monday of last week, we offered up a special report highlighting the business of NEWC, a company with its hands in both the mining and cannabis sectors. If you missed out on that report, we’d suggest you check it out now: NEWC Special Report.

Today, we’re going a step further, with an exclusive executive interview video that we’d like to present. Our interview outlet, Stock Traders Talk is back this morning after having conducted a talk with New Colombia President John Campo about the various facets of his business. It gives our readers a chance to get the skinny on NEWC straight from the horse’s mouth, so to speak, so don’t miss out!

We also took a minute to prepare a snapshot of the current NEWC chart:

BioNovelus, Inc. ONOV

Beginning in April and up until our most recent mention of the stock last month, we tracked ONOV to exponential gains which took it from .006 to .15; a 2400% increase!

This week, the stock has been ramping up to incredible new highs yet again, logging three consecutive sessions of higher highs and higher lows that have taken it up to .43. That works out to a 187% jump from our observed low last month, and a mind-melting 7067% over our all-time low from this spring.

Anything from this point on would be icing on the cake, but we’ll want to see the stock maintain support off of a recent swing high at .185 to remain interested.

Netflix, Inc. NFLX – Options Idea

Yesterday we signaled the NFLX Weekly $88-85.50 Puts after a poorly received earnings report from the prior day was causing the stock to backslide in the premarket.

Our hunch to stick with a bearish sentiment payed instant dividends, with every single contract contained in our observed range making notable intraday increases:

$88 Puts – Range: 2.50-4.00 – Max Gain: 71%
$87.50 Puts – Range: 2.24-3.69 – Max Gain: 64%
$87 Puts – Range: .85-3.23 – Max Gain: 292%
$86.50 Puts – Range: .74-2.90 – Max Gain: 280%
$86 Puts – Range: 1.56-2.56 – Max Gain: 65%
$85.50 Puts – Range: 1.35-2.30 – Max Gain: 60%

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Fresh Idea:

MSFT beat on earnings this morning, so we’re going to want to keep an eye on the MSFT Weekly $54.50-56.50 Calls.

Extended Watchlist:
BAS, BGI, EHSK, KGKG, OPTT, TTNP, XOMA,