Tag: DARA

Blue Horseshoe Stocks: LOGL, CYTX Reviews & More

Legend Oil & Gas, Ltd. LOGL

We’re wrapping up what has been one of our most fruitful weeks of 2015 so far by taking a look at the move LOGL made after we flagged it in yesterday morning’s premarket report. It isn’t too often that we run across a play that goes from a low-subpenny PPS to barrel its way well past a penny in a single session, but that’s just what happened.

The stock rose steadily from a morning low of .0038 until early afternoon, when it broke through the 200DMA of .0077 and then really took off, reaching a high of .017 on volume which exceeded the monthly average by nearly six times.

That incredible run gave our readers the chance at intraday gains of up to 347%, so hearty congratulations are in order for anyone who was able to take advantage of our timely call!

The huge move was driven in part by the same acquisition news released Wednesday morning, which caused us to flag it in our extended watchlist at that time.


Cytori Therapeutics, Inc. CYTX

We tracked CYTX to modest gains earlier this week, and yesterday the stock really began to move on news that the FDA had given clearance for CYTX to expand the scope of clinical trials of ECCS-50, a treatment for Scleroderma. >>> READ PR

From an early low of .78, the stock trended up to a late afternoon high of 1.25, which registered as an 60% intraday run on huge volume of more than 20x the 30-day average!

Options Idea

We also have a possible daytrading idea for Monster Beverage Corp. MNST which is gapping up in the premarket today. The company just beat earnings expectations, sending it into blue skies.

In the likely event that we see a continued uptrend, we’re going to be looking at Weekly $135-137 Calls for potential quick-strike trades.

Extended Watchlist:
MGT, CLNE, ARCP, DARA, PPHM, SD

Blue Horseshoe Stocks: NQ Review & More

NQ Mobile, Inc.  NQ

Our coverage of NQ stretches all the way back to the Fall of 2013 when the stock made a huge run, and we tracked it to a similar albeit smaller-scale spike in October, so we are quite familiar with this play. We have good reason to re-assess NQ this morning in the wake of an interesting PR, coupled with a good positioning of the chart.

In terms of the NQ chart, there a couple of finer points that we’ll point out on the following snapshot:

This morning’s PR relates to a big open market stock repurchase by management which seems to be fueling NQ in the premarket. >>> VIEW PR  


Cannabis Coverage:

A few of the marijuana-related stocks we were mentioning yesterday morning managed to put up some solid numbers over the course of the day.

CBIS traded in a range from .068-.08 (+17%) on roughly 4X its monthly average volume.

MCIG did slightly better as recorded a 19% move from .15 to .178, trading more than twice its average volume.

EAPH also had a heavy volume day to the tune of roughly 3X its average, and made a healthy jump of 21% as it traded from its open at .024 to a high of .029.

As medical and recreational marijuana acceptance continues to spread, we’ll need to keep a close eye on these and many other cannabis plays, as we tend to believe that growth in this arena will be more substantial in 2015 than any previous year.

A few other pot plays to watch this week: WDHR, NRTI, MDCN, LATF, VPOR

Extended Watchlist:
CYTR, NERV, FRO, CPST, DARA, MNK, SNSS, RNN

Blue Horseshoe Stocks: Options Trading Ideas

Intuitive Surgical, Inc. ISRG

When we first tagged ISRG back on May 6th, the stock was just making its way down to its 3-year low, which came a couple of sessions later at 346.46. From that point, we saw a powerful uptrend that carried the stock back up to 426.43 (Jun 27th). It allowed us to play the options chain quite effectively over the course of several weeks.

Following that major run, we’ve seen some consolidation, coming back to the $380-level just recently, and currently, the stock is pressing new highs in premarket trading, to the tune of $444.

We did mention a long-term interest in the Aug.-Oct. $420-440 Calls back in June, and that insight is now paying off bigtime.

Petroleo Brasiliero S.A. PBR -Options

When we looked in on PBR on Monday, we were patting ourselves on the back for some excellent picks of last week’s $16.50 and $17 Weekly Calls, mentioning that we’d stick with the same ideas to begin this week.

It has turned out to be another great call on our part; just look at the action in those weekly calls during yesterday’s session:

The 16.50’s ran from .25 to 1.07, a possible intraweek gain of up to 328% while the $17 Calls surged from .13 up to .75, a 477% move. This was just one of many, many times that we’ve used the PBR options chain to our extreme advantage this year.

New Options-Trading Ideas

As our regulars have undoubtedly noticed, a good portion of our focus these days goes to options trading. We’ve become quite adept at spotting trends and using them to our benefit, and we’ve got a couple of new potential plays to add to the mix this morning.

Alcoa, Inc. AA

Alcoa has been building one beast of a chart over the past few months, and there looks to be no end in sight. We may be able to use this strong uptrend to leverage ourselves some nice gains out of AA Options. Specifically, the 08/16 $17 Calls, which closed at .44 yesterday after having traded in a range from .25-.48 on the day.

Yum! Brands, Inc. YUM

YUM got beat up recently, falling off a cliff at the $83-area, and yesterday was the first session since that the stock has found some support, down around $74. Our options idea here is to potentially utilize the rebound for some quick-strike gains. We’ll be monitoring the 08/08 $75 Calls, which closed at .82 yesterday.

Extended Watchlist:
DRL, DARA, TLM, PLUG, FCEL, POWR, PBYI