Blue Horseshoe Stocks: Celebrating 6 Years!

Happy Anniversary to Us!

First thing’s first- today marks the SIX YEAR anniversary of when we launched BlueHorseshoeStocks.com, our home on the web, and place to store and make available every single newsletter we’ve ever sent out during that time! We’ve unfailingly brought ideas to the table every trading day since then and want to take this opportunity to thank all of our readers who we value so much. From the most loyal who have been with us from the beginning, to every single person we picked up along the way. Cheers to all!


GoPro, Inc. GPRO

We put a set of options on watch for GPRO on Friday morning, and the potential single session gains that were there for the taking ranged from very good to downright fantastic!

Our highlighted range was the GPRO Weekly $9-10 Calls, and the intraday move that the stock itself made from a low of 9.31 up as high as 10.38, facilitated the following gain opportunities:

$9 Calls – Range: .34-1.35 – Max Gain: 297%
$9.50 Calls – Range:.13-.84 – Max Gain: 546%
$10 Calls – Range:.01-.40 – Max Gain: 3900%

As you can see, the chances for profits were exponentially greater, the higher the strike price chosen, but all around the idea turned out to be solid no matter what.


Eros International, plc EROS

We want to place EROS on watch as a possible bottom-bounce play this morning, after noticing a couple of different factors at work. The stock spent the past several sessions getting pummeled down to new 52-week lows, which in itself would be enough to catch our attention.

This morning we’re seeing a notable gap-up in the premarket, on the news that the Indian film company has entered preliminary talks with Apple to sell its entire content library. (>>View PR)

The stock was recently trading in the $14 range, and a return to that level does not seem out of the question, so we want to keep an eye on EROS as we kick off a new trading week.
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Extended Watchlist:
IIVI, AKS, XXII, CRNT, CLNT, ATHX, CYCC, XNET

Blue Horseshoe Stocks: MMEX Keeps Rolling & More

MMEX Resources Corp. MMEX

We’re looping back for yet another update on MMEX, which we’ve been mentioning quite a bit after our March 22nd alert gave us the chance to get in at a low of .0046; the stock has since gone on an exponential tear that hasn’t slowed down a bit over the past few sessions.

By our update on Friday morning, the stock had made it to just below .017, and that’s when things really took off, with the past couple of sessions providing the most intense spikes yet.

Yesterday that culminated in a new high with a solid 96% daily run from .028-.055. That brings our total observed range on MMEX in just nine trading days, to 1096%


Cyclacel Pharmaceuticals, Inc. CYCC

We highlighted CYCC as a potential bottom-play in Friday morning’s premarket report, pointing out that it was giving off a strong double-bottom signal along with having previously demonstrated potential for volatility. We turned out to be spot on with our calling the stock a prime bottom-play, as it has produced a very impressive two-day upswing since then, with the help of the release of some intriguing study data (>>View News).

Our observed range on CYCC since Friday morning is from 3.39 to 6.59, representing a 94% move, while volume yesterday absolutely exploded to the tune of more than 112X its 30-day average volume! It also closed near the high of day so we’re definitely going to want to continue tracking it as the week progresses. Dip-and-rip scenarios could certainly come into play in such a situation.
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Added Notes:

While we’re on the subject of bottom-plays, we want to add a couple more to our radar this morning with Atossa Genetics, Inc. ATOS and Argos Therapeutics, Inc. ARGS.  ATOS still appears to be searching for its bottom, so we’ll  be watching for that, while ARGS has already begun to get a leg up. We’ll look for a continuation of the establishing trend on that one.


Special Reminder:

We have a new pick coming out tomorrow morning that we’re excited to share with our readers. It operates in the rapidly burgeoning mobile payment processing sector, which is an exciting and forward-thinking space. Be sure to scan your inbox tomorrow between 9AM and the open so you don’t miss out! 


Extended Watchlist:
AMLH, AFSI, EVOK, SSH, PTN, IGC

Blue Horsesehoe Stocks: DLTR, MMEX Recaps & More

Dollar Tree, Inc. DLTR – Options Update

We’ve got updates on our DLTR options idea for send morning in a row today. Just to recap for those who may have missed it, we formulated an idea for last Wednesday‘s premarket report, the  DLTR 04/21 $78-80 Calls.

With a very nice multi-day bullish run for DLTR in effect and continuing yesterday brought the stock to new highs once again, which means updates to our observed ranges on these contracts that we began tracking last week.

$78 Calls – Range: .51-2.22 – Max Gain: 335%
$78.50 Calls – Range: .63-2.05 – Max Gain: 225%
$79 Calls – Range:  .48-1.95 – Max Gain: 198%
$79.50 Calls – Range: .35-1.69- Max Gain: 383%
$80 Calls – Range: .30-1.40 – Max Gain: 367%

DLTR has now traded up from the $74 area, to nearly $80 over that spanm and in the event it breaks that $80 barrier, we would have to look at rolling up our strike prices to stay in the thick of things.


MMEX Resources Corp. MMEX

We saw a fantastic intraday run out of MMEX yesterday after once again tagging it in our premarket report. It included a continual climb throughout the session as the stock traded up from a low of .0081 first thing in the morning, to a high of .0169 just prior to the closing bell. That works out to a daily pop of 108%

Considering we alerted MMEX in last Friday morning’s report, and observed a low of .0046 at the time, we’ve now seen an overall increase of 267% from this play in just five trading days,


Athersys, Inc. ATHX

We want to swing back around for a quick mention of ATHX, which was a stock we put on our radars back in February. We would observe a low of 1.10 last month, but for the most part, ATHX just did a lot of sideways trading for the next few weeks.

All that finally began to change this week, with a run to a new high of 2.01 yesterday, marking a 83% rise off of our observed low. We may need to watch for a pullback before jumping back in for another run as the stock is now is extremely overbought territory.


Added Notes:

We want to pay attention to a couple of stocks we’ve come across in the $3-range, that  based on a number of factors, appear to be ripening for rebounds that could very well take each one to the $5 level or higher.

Leju Holdings, Ltd. LEJU – This stock has been trying to get up off of its recent relative lows, and this morning appears to be gapping nominally. We’ll be watching for a more sustained rebound.



Cyclacel Pharmaceuticals, Inc. CYCC
– We’ve identified a strong double-bottom signal from CYCC as well, along with the clear potential for volatility. This one’s going to go on our running watchlist as well.


Extended Watchlist:
USRM, SFOR, ICNB, JAGX, BBRY, GALT