Tag: CAMT

Blue Horseshoe Stocks: The Week in Review

Looking Back on a Stellar Week

We couldn’t have asked for a better week of winning picks, especially coming off of a holiday weekend, so to wrap things up we’re going to go over all of our successful picks, and what kinds of moves they made.

GEI Global Energy Corp. GEIG

Of course the big winner for this week was GEIG, and in fact was one of our most successful picks in quite some time. We initiated coverage of GEIG on Wednesday, the stock opened up and saw a low of .0098 very briefly before exploding to a high of .08, a single-session move of 716% While it’s unlikely that traders could have picked up any of those sub-penny shares, the real action began around .015, still leaving the opportunity at a high number, with gains of up to 433% being very possible. The stock traded record volume.

Camtek, Ltd. CAMT

CAMT came off of Monday’s extended watchlist to perform exceptionally well for us, running from a low of 3.42 to 5.14, a solid 50% gainer on more than 40x its 3-month average volume.

GW Pharmaceuticals, Inc. GWPH

On Tuesday, we were talking about GWPH, stating: “Once we see a solid level of support established and GWPH begins to rebound, then we’ll be able to adjust our options-trading strategies accordingly.” Sure enough, the stock did indeed find solid support at 85.32. We would subsequently see an uptrend carry GWPH as high as 93.97. As a result, the $85 Weekly Calls traded in an impressive range from 4.30 to 9.60, a total possible gain of 123% while the $90 Calls made an even more impressive move. They would run from 1.55-5.69, giving traders a chance at profits up to 267% We’ll continue to watch those weekly contracts today for a possible intraday flip opportunity.

American Apparel, Inc. APP

This spring, we started reminding people that as the retail season approaches, APP is a stock that we traditionally play for nice gains every year. 2014 has proven no different. We saw a low of .51
out of APP on June 24th, and the stock has made more than a 100% move up, touching 1.05 during yesterday’s session. The retail season has yet to even kick into gear, and already we’ve been able to reap some excellent rewards from this retail stock; it will certainly remain on our watchlist as the summer begins to wind down.

Inception Mining, Inc. IMII

We first added IMII to our lists yesterday as a long term-mining play. We wanted the stock to hold support off of the 200DMA, and break resistance at the 50DMA, and that’s just what we got. The stock has made higher lows and higher highs over the past couple of sessions, so it appears we’re off to a great start with this one. On the chart, the RSI cracked above the 50-line, and the MACD is still heading for a bullish cross, so we’re still very interested to see what this play could do in the days and weeks ahead.

Extended Watchlist:
HALO, DGLY, JOEZ, EVRY, PBR

Blue Horseshoes Stocks: CAMT, GWPH & More

Camtek, Ltd. CAMT
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Hidden gems are quite often found in our daily Extended Watchlists, and yesterday CAMT was the standout play. The stock had a monstrously strong trading day, bulling its way continuously upward for the duration.

The landmark session started at a morning low of 3.42, and culminated at a high of 5.14 just minutes prior to the close. That solid move was enough to afford traders up to 50% in intraday gains, and it occurred on volume which was 40-times greater than the 3-month average.

The commotion was caused following an announcement that CAMT has launched its next-gen semiconductor product line, and apparently has already received advance orders from some unnamed “leading device manufacturers”. >>>Read the full PR here.

GW Pharmaceuticals, Inc. GWPH

The last time GWPH appeared in our reports was back on June 23rd. We were hailing it as being among our most successful plays of the year, as our prior tracking of the options chain had led to chances at gains amounting to more than 3000%

We pointed to a revitalization of the cannabis sector as one of our other primary reasons for being interested in GWPH, and the action of the stock in the couple of weeks since then proved that our assessment was warranted. Following a low of $88.73, we witnessed a subsequent 26% run to 111.46.

Over the past three sessions, GWPH has tapered back to fill a gap on the chart (as we point out below) so we are once again placing the stock on watch, to find support here, and potentially bounce back up over the $100-mark.

Once we see a solid level of support established and GWPH begins to rebound, then we’ll be able to adjust our options-trading strategies accordingly.

Extended Watchlist:
TXMD, GRPN, NURO, DNDN, CVM, LIVE

Blue Horseshoe Stocks: EAPH, PMCM & More

Easton Pharmaceuticals, Inc. EAPH
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EAPH fared very well on Thursday following our re-alert of the stock, providing us with the chance for solid gains before we broke for the long holiday weekend.  We mentioned that we liked the potential, especially if it could break its key resistance at .021.

In fact, EAPH broke through that resistance and kept on running, to a high of .031 before all was said and done. From the day’s low of .0197, that marked an intraday move good for up to 57% in quick-strike profits for nimble traders.

Take a look at the following video for chart commentary on EAPH:

Moving forward, we’ll want to see EAPH hold support at or above .021 in order to keep us interested.

Primco Management, Inc. PMCM

PMCM is another of last week’s alerts to perform well for us during Thursday’s half-session. We brought readers an update on this repeat pick on Tuesday, at which time the stock was trading at a low of .0021.

The stock made higher lows for the remainder of the short week, and touched .0031 on high volume on Thursday, which marked an intraweek move of 46%

As we begin another week, we’d like to see PMCM hold support above the 50DMA of .0021. The next key areas of resistance to watch for a break will be .0037 and .0045.

PMCM, like EAPH, is a cannabis-related play, and as we’ve been consistently reminding our readers, the sector could very well be in for a boost on the heels of the beginning of legal sales in Washington State, and already we’ve begun to see quite a bit of evidence to support that theory. By the end of the week an expected 20 or so shops will have received their recreational marijuana licenses and begun selling the plant.

Extended Watchlist:
CAMT, EVRY, SPPI, RVLT, APP, IGC