Blue Horseshoe Stocks: Wrapping Up Another Great Week

The Priceline Group, Inc. PCLN – Options

After honing in on PCLN options last week as the Expedia/Orbitz buyout was calling massive attention to the sector, we were able find significant gain opportunities. This week, we were treated to continued upward momentum courtesy of Priceline’s earnings release, and the chances to profit have once again been plentiful.

Yesterday morning, we formulated a daytrading idea to watch Weekly PCLN Calls in the $1180-1225 range, and we were not disappointed in the price action that followed. Any of the contracts in that range would have served traders well. :

At the low end of the spectrum the $1180’s traded in a daily range from $24-42, an intraday increase of 75%, while the action closer to the money, like the $1220 Calls, was even more intense. As you can see on the screenshot below, there were multiple swings in those contracts. They first dipped to a low of 3.35 before exploding to 8.30 (+147%) followed by another pullback to 4.00 and a subsequent run back to 8.80 (+120%).


Ascent Solar Technologies, Inc. ASTI

Another big performer from yesterday’s pool of tracked stocks was ASTI. After tagging it in our premarket extended watchlist the stock registered an early low of 1.36 and ran hard in the last hour of trading, touching a high of 2.08. That represented an intraday increase of 53%, and it came on roughly 16x the 3mo. average volume.

CollabRx, Inc. CLRX

Also standing out on yesterday’s report was CLRX, which ran hard out of the gate and made an initial move from 1.67-2.74. That worked out to a spike of 64%, also on heavy volume.


Side Note:

After so much upward momentum, the overall markets could be looking at a pullback today, and even amid a hefty downturn there should still be options opportunities on the table. If that is indeed the case we may be taking a look at potential trades of SPY $210 Puts, or $22 UVXY Calls.


Extended Watchlist:
CRC, MEIP, CLSN, EPRS, SAAS

Blue Horseshoe Stocks: NSCT Exclusive CEO Interview

Cloud Medical Doctor Software Corp. NSCT

We’ll start things off this morning by turning our attention back to NSCT; we brought it into the fold for the first time this week as a longer-term play. The chart appeared to have to some ripening to do, as it searched for a bottom and yesterday’s session appears to have brought one. The came down to bounce off of the .0522-mark, and subsequently closed at its high-of-day .0648, a 24% intraday move.

In addition to seeing some early success on the NSCT chart this week, we had the honor of conducting an exclusive interview with the company’s CEO, Mr. Michael DeLaGarza via our sister site, Stock Traders Talk. It covers quite a bit, so we suggest you visit the site, or click the following graphic to bring up the interview straight away: 

HENDERSON, Nev., July 24, 2014 (GLOBE NEWSWIRE) — via PRWEB – The interview will be held on July 24, 2014 at 9:00 am EDT, An archived recorded version can be found on the homepage of Stock Traders Talk at http://www.stocktraderstalk.com, following the interview.

This interview will discuss Cloud-MD’s Software, services and our CipherShop Division which provides commercial quality, advanced, digital security solutions that comply with governmental regulatory requirements, such as HIPAA and SOX and their CipherLoc product suite offers both an advanced Polymorphic Cipher Engine and a Polymorphic Hardware Engine.


Intuitive Surgical, Inc. ISRG

Our call of ISRG yesterday morning couldn’t have been much better, with the stock putting forth a heck of a performance in the ensuing session. It traded in a range from 438.55 – 463.39 on the day, and as a result, anyone who was entertaining options calls as we pointed out had the chance to make substantial gains.

The landmark session came on the heels of two morning PR’s that you may want to click through to, below:


Facebook, Inc. FB Options

Another great call of ours this week was the FB Calls that we brought to the table first thing Monday morning, stating: “We’ll be looking to capitalize on the volatility that comes with rising anticipation of earnings, due for release on Wednesday.”, and noting that we’ve used this scenario to our advantage in the past.

Wednesday came and went, earnings exceeded expectations, and our FB Calls offered up big gains just as we surmised. The stock traded in a daily range from 69.61 – 71.33, and this morning in premarket trading, has reached as high as 78.44.

To adjust our strategy on FB options, we’ll be monitoring the $75-77 Calls as we head into week’s end.


Extended Watchlist:
ARIA, ONCO, CLSN, AGEN, JDST

Blue Horseshoe Stocks: APP, ZGNX & Extended Watchlist

American Apparel, Inc. APP

April 15th was the day we brought APP back into the conversation, because if you recall, this is one of our old-time favorites that we turn to around the same time every year for the predictability of its seasonal trading patterns.

Right off the bat, APP did not disappoint- that day we saw a low of .47, and on Tuesday, the stock reached as high as .6895, marking a positive move on the chart of 47% in only a week.

After the resistance at the 50DMA (.68) the next hurdles come at .80, .91, and 1.05. We’ll be continuously monitoring this play over the next several months as it tends to ramp up in price over the course of the summer heading into the height of the retail season.


Zogenix, Inc. ZGNX

ZGNX is a stock that is catching our eye due to the current setup of the chart. If you track back to November, you can see that the stock ran from its current levels to more than 5.00 by February.

We are looking at it now, as it is coming off of a recent bottom, and is gapping up this morning in pre-market activity (Currently trading over $3.00). The RSI is in a general uptrend, and a quick look at the MACD reveals an extremely bullish divergence on the heels of a recent cross.

We just want to throw ZGNX up on our radars at this point, because a return to February highs would mean potential gains approaching 70% from current levels.


Extended Watchlist:
INFN, ZGNX, CLSN, KOOL, IBIO,

Blue Horseshoe Stocks: FRTD & Extended Watchlist Winners

Fortitude Group, Inc. FRTD

We’ve discussed FRTD for the majority of this week, beginning on Tuesday. As of yesterday, it has yet to disappoint.

Yesterday, for the third consecutive session, the intraday activity on FRTD provided us with ample opportunity for profits. The stock played out a textbook dip-n-rip pattern coming down from the .0225 open to trade as low as .0156, before bouncing back up to its high-of-day at .0231. That’s an intraday gain of 48% When added to Tuesday’s 122% move, and Wednesday’s 65% move, that brings us to a cumulative total of 235%

Should FRTD manage to hold support at or above the .015-mark, we like our odds of seeing further intraday bounce opportunities from this play.

Fortitude Group, Inc. (PINKSHEETS: FRTD) Introduces a Revolutionary Medical Marijuana Product “MariMist”

ERIE, PA, Feb 28, 2014 (Marketwired via COMTEX) — Fortitude (PINKSHEETS: FRTD) CEO Thomas J. Parilla today announces that the company has entered into a joint venture agreement to obtain the USA production/sales/distribution and licensing rights for a revolutionary medical marijuana product “MariMist” for the use in the care of cancer patients with MariMedical Pharmaceuticals (MMP), a privately held company. Additional clinical applications include the treatment of nausea, anxiety and pain relief.


Yesterday’s Extended Watchlist Winners

Yesterday’s Extended Watchlist looked like a sea of green, as you can see from this end-of-day snapshot of the stock tracker on our website. Every single play closed to the upside, with some making very impressive moves.

The most notable gainers:

BioFuel Energy Corp. BIOF & Pacific Ethanol, Inc. PEIX – These two ethanol favorites of ours have always tended to trend together, and sure enough, both had great sessions. BIOF opened at 2.10 and shot up like a rocket to a high of 4.10, a 95% move. PEIX saw a low of 11.10 before steadily increasing by 35% to a high of 15.02. Both BIOF and PEIX traded huge volume.

E-Commerce China Dangdang, Inc. DANG – Ran 25% from 10.75 to 13.44 on record volume, to the tune of more than 10x its 3-month average. The earnings released yesterday alluded to the company turning a profit for the first time in years. The stock is currently up from yesterday’s close in pre-market trading.

BEIJING, Feb 28, 2014 (SinoCast Daily Business Beat via COMTEX) — E-Commerce China Dangdang Inc. (NYSE: DANG) revealed net profit of CNY 21.7 million in fourth quarter ended December 31, 2013, making profit for the first time since first quarter of 2011. >> FULL PR


Extended Watchlist:
SUSQ, CETV, CLSN, GALE, BLDP, HFCO(Bottom-play w/ news)

ERBB, AEGY, BDSI & Extended Watchlist

Tranzbyte Corp. ERBB

We highlighted ERBB on Friday and the stock came out swinging, continuing the momentum that was building in the previous session.It came out of the gate strong, running quickly from a low of .0119 up as high as .0154. That marks a respectable intraday move of 29%As the stock pulls back off of that run, we’d like to see support hold over a penny, and will be monitoring the situation for any possible bounce opportunities.


Alternative Energy Partners, Inc. AEGY

We’ve had AEGY on our radar since last spring, and after a serious increase in recent trading activity, we wanted to bring it back into the conversation. The stock has been in full-on breakout mode for the past couple of sessions, and appears to want to gap up even further this morning.  What we are going to want to do is watch carefully for any possible dip-and-rip opportunities. Stocks that gain so much ground over so short a time-frame are susceptible to high volatility and sudden pullbacks, and are often followed by what can be very lucrative bounceplays for quick-witted traders.

This is another of the medical marijuana related stocks that we’ve been tracking for a long while. AEGY, in particular, operates pharmajanes.com an online dispensary for California residents, but the list of companies that we’ve tracked cover every part of the sector, from medical to legal cannabis, to growing apparatus, and more.

To list a few of the standouts we’ve tracked over an extended time: EAPH, FITX, CBIS, HEMP, PHOT, MJNA, SKTO, TRTC, EDXC, MWIPD, EXMT, CANN, MDBX, GWPH and that’s only a partial list. Cannabis has been allowing a lot of people to cash in via the stock market, and we expect the opportunities to keep coming.


BioDelivery Sciences International, Inc. BDSI
BDSI appeared in Friday’s Extended Watchlist and made a notable 16% intraday move, trading from a low of 8.18 to 9.49 on almost 15M shares traded. The spike in price and volume comes on the heels of Thursday’s PR regarding positive testing results for the pain medication the company has under development:

Extended Watchlist:
REVI, RITT, NWBO, MM, ALU, CLSN, HIHO, RNN


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