COSI Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: APYP Recap & More

AppYea, Inc. APYP

We re-alerted our readers on APYP on Friday morning, after having included it in our premarket report exactly two weeks ago today. It has made some good progress since then, so we’d like to kick things off this morning by providing an update on the moves it has made.

Friday’s session produced a nice intraday gain from a low of .0029 up to a new high of .0044, for a solid 52% upswing, and from the low we observed subsequent to our next most recent mention (.0009), it represented an overall increase of 389% in just under two week’s time.

Bottom-Watchlist

Both of the following stocks have recently fallen to new annual lows. We’re always on the lookout for potential bottom-bounce plays, so we’re going to want to place each of them on watch over the next few sessions.

Pain Therapeutics, Inc. PTIE – This stock underwent a massive gap-down and sell-off a couple weeks back following an FDA application denial for the extended release oxycodone capsules that the company has been licensed to develop since 2002.

We’re going to track it closely as it searches for its ultimate lows, which, if present indicators are any guide, could be forthcoming at any time now.

Cosi, Inc. COSI – While there is no gap to the upside on the COSI chart, we can see the same sort of major selloff that occurred a couple of weeks ago, and continuing up until Friday, when a new 52-week low was recorded.

As you can see on the snapshots, however, COSI is even more heavily oversold than the previously mentioned play. The volatility of its precipitous decline is what interests us most in tracking the stock for its eventual rebound.

Extended Watchlist:
GRNH, MYDX, HADV, HMPQ, JAMN, CRNT, TSRO,

Blue Horseshoe Stocks: WYNN Recap & More

Wynn Resorts, Ltd. WYNN

We saw an opportunity to jump on some quick-strike WYNN calls yesterday morning,despite the stock already having made a ten-dollar move to the upside since we first began tracking it at the beginning of the month. The Macau gaming industry is booming, and the positive outlook has related stocks doing so as well.

We targeted the WYNN Weekly $108-110 Calls and regardless of the chosen strike-point from within that range, hefty single-session gains were there for the taking. All three sets of contracts made major moves:

$108 Calls – Range: .55-2.05 – Max Gain: 272%
$109 Calls – Range: .40-1.58 – Max Gain: 295%
$110 Calls – Range: .20-1.10 – Max Gain: 450%

The stock appears to be consolidating slightly in early trading this morning, but we’ll be on the lookout for further activity in these plays provided it holds support above $108 on the dip.

APT Systems, Inc. APTY

We’ve taken notice of APTY this morning, which has built up a nice little head of steam in recent sessions. The latest run has been helped along by yesterday’s PR that the CEO intends to buy shares out of the open market to increase her position, as well as already having what we consider a tight share structure.

Based on those factors, its positioning on the chart, and the volatility which is characteristic of such a subpenny play, we’re going to want to keep an eye peeled for more solid swings to the upside in sessions to come.

Misonix, Inc. MSON

We’re also looking at MSON this morning, which we like for the setup of the chart. As you can see on the snapshot below, a major selloff occurred yesterday, and the stock is making its way down to a previous level of support, which we’ve pointed out.

We’ll be looking for it maintain above that $5-level, and some subsequent bounce action. At present the stock is screaming toward heavily oversold territory, so it’ll be interesting to see how it unfolds from here, all things considered.

Extended Watchlist:
NAVB, CPRX, CAR, GLRI, XLIT, COSI, ANDR

Blue Horseshoe Stocks: AGTK Recap, Options & More

Agritek Holdings, Inc. AGTK

The standout runner from yesterday morning’s premarket report ended up being AGTK. We noticed it had been ramping up in PPS over the preceding two sessions, and figured it was worth tracking. We were right on in our assumption, as the stock traded in a respectable daily range, running into the close with strength.

AGTK saw an early low of .00168 before running to a high of .0025, representing a single-session spike of 49% The move came on stronger-than-average volume, and marked the third straight session of higher highs and higher lows.

We’ll remain interested in tracking the activity in AGTK provided it can hold support at or above .002; next key areas of resistance are at the 50 and 200DMA’s at .0029 and .0031, respectively.

Options Ideas:

We’ve got a pair of options chains to watch as well, for the following ideas:

Ford Motor Co. F – Our idea concerning Ford is based more off of technical factors of the current chart. As you can see, there are a number of indicators pointing to the possibility of a forthcoming recovery. We want to select a set of contracts with an extended expiration to give our idea time to manifest; the F 09/16 $12.75 Calls. The stock is searching for a bottom, and we’ll need to wait until just the right moment when it begins to rebound and possibly make a run at filling the gap.

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Time Warner, Inc. TWX – The other plays we’re going to be keeping an eye on are short term, weekly expiration ideas: TWX Weekly $77-79 Calls.

Odyssey Marine Exploration, Inc. OMEX

Lastly, we want to put another new play on watch, based purely off of the look of the chart. As you can see, OMEX is in the process of filling a major gap on its chart from this spring, and it just bulled through its 200DMA yesterday. The RSI has also cracked into the power zone, so we’ll definitely be observing the near-term activity on this play.

Extended Watchlist:
ASTI, COSI, TEUFF, MGT, PTX, SHIP, GLBS

Blue Horseshoe Stocks: Updates, Fresh Plays & More

Kraig Biocraft Laboratories, Inc. KBLB

We alerted KBLB in Wednesday morning’s premarket report, and on that day, we would observe a PPS low of .0261. Yesterday, the stock hit a high of .0395, for a respectable two-session upswing of 51%

Following that solid run-up, we saw the stock close at .0375, maintaining a vast majority of its advance. We’ll continue to keep a steady eye on KBLB, and look for it to maintain support above the .03-mark in order to keep us interested.

Potential Bottom-Plays

Rennova Health, Inc. RNVA – We have an interesting story unfolding with RNVA, and a potential rebound opportunity as well. After briefly cracking its 50DMA on Wednesday, the stock took a major gut punch yesterday as it gapped down immensely.

It seems a bit of an overreaction after reading the PR that apparently catalyzed the selloff. The company announced yesterday that it had priced a public offering with the intent of raising upwards of $8.6M in capital, expected to close by Tuesday. They set the purchase price at .45, which is why a massive slide to less than .30 seemed disproportionate.

We’ll be interested to see the activity in this now majorly-oversold stock in sessions to come.

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Ampio Pharmaceuticals, Inc. AMPE – Speaking of stocks that have recently gapped down hard and found new lows, we have AMPE hitting our bottom-play radar.

Similar to the aforementioned play, the selloff occurred as a result of what some might construe as over-reactive. The company released data from a clinical study at the end of last month on its osteoarthritis injection treatment that was poorly-received. However, while the primary endpoints of the double-blind study were not met, the treatment was markedly effective in improving the patients with the most extreme cases of the condition.

So the study was not a total loss, and the company made clear its intent to submit an FDA application for the treatment for those severely afflicted patients that were helped, and for whom no other non-surgical alternative exists.

That’s why we’ll be keeping an eye on AMPE to continue to regain some of its lost ground, as it has done over the past few sessions.

Extended Watchlist:
MAXD, MFST, PPHM, FES, SPU, KURA, COSI(Bottom watch)

Blue Horseshoe Stocks: SFEG Review & More

Santa Fe Gold Corp. SFEG

SFEG, a stock we’ve been continuously tracking since Friday morning, has provided us with ample opportunities to profit in each session since then. The first day, a move from .0115-.0165 was good for gains of up to 43% To open up the week on Tuesday, it amazingly ran from .0194 all the way up to .044, an added move of 127%

Then in yesterday morning’s premarket report, we relayed to our readers that a dip-and-rip scenario could be in the cards granted the rapidity with which the stock shot up in the prior session. That’s exactly what came to pass, as SFEG peeled back slightly to an even .04 in the morning before gathering a head of steam that would carry it up to a new high of .065!

It went down in the books as an intraday gain of 62% and from our observed low of .0115 on Friday, it marked an incredible three-session swing of 465% Big cheers go out to anyone who took advantage of this momentum-mover! Stipulating that the stock must hold support at or above yesterday’s swing low of .04 to hold our attention, we’ll be on the lookout for further opportunities from this point forward.

Gold Resource Corp. GORO

Speaking of momentum, we’re going to circle back around to GORO this morning for an update on its recent progress. We flagged this play for observation just under two weeks ago and subsequently witnessed it trading as low as 3.19 , and in the last four sessions, the stock has done a good job of both recording higher lows and higher highs, as well as logging a higher trading volume each day.

From a low of 3.41 a week ago today, GORO hit a high of 4.69 yesterday afternoon, which marks a solid upswing of 38% Over the aforementioned observed low, it represented a total move of 47% in a matter of six sessions. We’ll be following this play for as long as it continues to exhibit signs of bullishness, building a higher base level of support in sessions to come.

Marinus Pharmaceuticals, Inc. MRNS

We also want to quickly draw some attention to MRNS, which gave a strong bottom-bounce signal yesterday in addition to having a simply monstrous gap on the chart to fill to the upside, and positive signals abounding. The RSI has just escaped heavily-oversold territory, while the MACD has just crossed in a bullish manner.

We’ll definitely want to keep this stock on our radars as we head into the end of this short week, and possibly into next week as well, since the filling of the gap you see below would mean gains of over 100% from the current PPS.

Extended Watchlist:
IWAL, NUVM, PTCT, HAIN, BMRN, COSI(Bottom Watch)