Tag: BTCS

Blue Horseshoe Stocks: SGBY, MAXD Updates & More

MaxSound Corp. MAXD

Yesterday, we mentioned how we caught MAXD on Friday morning for a timely 49% rip as the stock ran from .0043 to .0064 that afternoon.

The show was only just beginning, as MAXD broke out of the gate and ran from its opening price of .0065 up to a new high of .0098, recording a 51% intraday upswing, and bringing our observed increase over a two session period to an even 100%

The stock closed at .0079, having registered its fifth consecutive session of higher lows and higher highs. We’ll be looking out for the possibility of a continuation in that pattern moving forward.

Signal Bay, Inc. SGBY

This call was the clear winner out of all of yesterday’s interests in terms of total possible percentage gains. SGBY wasted no time as it took off and subsequently reached its high early on in the session. It traded in a range from .0022 to .0048, for rapid gains of up to 118%

That was followed by a dip and rip maneuver which brought it back to .0029 before undergoing a 34% bounce to the closing price of .0039.

Bill the Butcher, Inc. BILB

We had also tagged BILB for observation in yesterday’s report, and it too enjoyed a big intraday run first thing in the morning before tuckering out early. The stock traded up from .0027 to .0054 right from the opening bell for a nice round 100% jump.

Netflix, Inc. NFLX –  Options Idea

NFLX shares are reacting poorly to the company’s post-market earnings report yesterday afternoon, and so we’d like to make note of a range of bearish options ideas.

We’re going to be looking to the NFLX Weekly $88-85.50 Puts for possible intraday swing trade chances, provided NFLX doesn’t break back above the $88-level.

Extended Watchlist:
 LEXG, PLUG, BLDP, XNY, PRKR, VII, ZIOP
BTCS(Bottom-bouncer)

Blue Horseshoe Stocks: MCPI, DRL, KNDI & More

Med-Cannabis Pharma, Inc. MCPI

First up this morning is an update on MCPI, which has been a juggernaut over the past week, beginning on August 4th at a price of .355. We’ve tracked the stock every step of the way, and yesterday, were pleased to see it break over a dollar.

At the high of 1.14, we were looking at an overall increase of 221% over the span of only seven sessions. Those who may have just picked up on MCPI following yesterday morning’s report, still had the opportunity to score some quick intraday gains as the stock ran 42% over its daily range from .80-1.14.

Anytime we see such rapid gains over so short a period, it starts to feel like the time to take at least a portion of our profits off of the table. However, unsustainable increases often lead to dip-and-rip scenarios as we’ve already seen from MCPI, so we aren’t done tracking it by any means.

Doral Financial Corp. DRL

Another recent successful call is DRL, which we first took notice of back on June 9th, at which time the stock traded at a low of 3.53. More recently, we re-tagged DRL on the 23rd of July, at a price of 5.23.

No matter where you mark our starting point from, yesterday’s move to a high of 7.47 represented chances for significant gains. From the 07/23 alert, it marked a solid move of 43%, and  from our earlier 06/09 call, an overall increase of 112%

Kandi Technologies, Inc. KNDI Options

We’ve had KNDI in our reports and on our radars quite a bit this year. We’ve watched recently as the stock has consolidated over the past couple of sessions, and yesterday’s pullback to 17.03 seemed a bit exaggerated. The stock appears to be a gapper this morning, currently trading up in the high 17.50’s.

Should a reversal occur we’re going to have interest in the options chain, specifically the 09/20 $17.50 Calls. As usual, we’ll adjust our strategy accordingly as the overall trend becomes clear.

Side Note:

We want to radar NII Holdings, Inc. NIHD this morning as well, a stock that was recently hammered back to 52-week lows. We’ll monitor for the eventual bottom and any bounce opportunities that may present themselves.

Extended Watchlist:
ICTL, BTCS, LIVE, HPJ, FCEL

Blue Horseshoe Stocks: FLST Update & New Bottom Play

Fuelstream, Inc. FLST

After we caught FLST and put it on watch as a bottom play yesterday, the stock offered up a chance at modest gains on an 29% intraday swing that took it from .0045 to .0058.

FLST managed to make higher highs and higher lows on Thursday, a good sign that it could be on its way to a more significant move. Should it achieve the same feat today, it could end up being a play that follow into next week.

Remember, we indicated the tight share structure on FLST yesterday, meaning that a relatively small amount of buying pressure could lead to a substantial increase.

The company also launched a new website yesterday. You can obtain more information there at www.thefuelstream.com.

Imperva, Inc. IMPV

We’ve got a new interest to bring forth this morning as well suggested to us by one of our faithful readers (Thanks for your input, D.J.!) The IMPV chart, which is coming off of its 52-week low, could be getting in in position to become a good recovery play. We’ve taken advantage of stocks coming off of annual lows several times in the past, so many of you know just how plentiful the chances for gains can be.

In the case of IMPV, as you can see on the chart we’ve included here, there are several aspects that would seem to indicate that a serious bounce could be in the making. The RSI is in heavily oversold territory, and in addition to a MACD that is just itching to make a bullish cross, there is a huge gap on the chart, the filling of which would lead to serious gains.

In addition to the possibility of using a rebound to profit on a big-board stock, we also like to explore the possibilities offered by the options chain. Presently we are looking at the Jun 21 and Sep 20 $30 Calls. The June’s closed at .60, and the September’s closed at 1.75 yesterday. Stay tuned, as we’re likely to be tracking this new play for quite some time.

Extended Watchlist:
BTCS, RXII, CYTR, EQU, SKUL, KCG