Tag: EGLE

FB Calls, PLUG, LTCHD, INO, GRPN & Extended Watchlist

Facebook FB Options

Many of you will recall Wednesday’s report, wherein we outlined our interest in the FB 9/13 $41 Calls. As you can see on the chart below, after a quick spike they mostly tapered back, to a low of 1.29, before surging as high as 2.04 yesterday afternoon. That move represents a 58% gain.

With FB closing at 42.75 yesterday, it appears to be gapping up this morning, having last traded at 43.25 pre-market. Provided this upward trend continues, we could be looking at even further profits as we head into next week’s expiration date.

Plug Power, Inc. PLUG

After an appearance on yesterday’s watchlist, PLUG  appears to be gearing up for a move. The stock traded at a low of .572 yesterday, and appears to be gapping up today, currently trading at the .66-level.

PLUG has brought us big gains in the past, which is a large part of why we are monitoring it so closely at present. Back in February we followed PLUG coming off of its 52-week lows as a bounce play from the .125-area, which have obviously led to triple-digit gains.

We’ll be watching PLUG to maintain support at a previous swing high of .55, and the next key level of resistance is going to be at .76.

mCig, Inc. LTCHD (Soon to be MCIG)

LTCHD continued to line our pockets on Thursday, with a 52% intraday move from the daily low of .171 to its new high of .26. Remember, on Wednesday, the stock provided us with a chance at 92% in gains in a run from .12-.23. Overall, a buy at the low following our alert and a timely exit at its peak would have amounted to a profit of 117%

Inovio Pharmaceuticals, Inc. INO

We were looking at INO a couple of weeks back as it was rebounding from a recent consolidation, and the stock was around 1.60. It looks as if it is continuing its recovery today as it is trading pre-market at 2.17, a rise of 36% from Friday the 23rd’s low.

Groupon, Inc. GRPN

We first started talking about Groupon this spring at around the 6.00-range. We followed up with an early August mention upon a good earnings report, and we saw highs in the 11.20’s. After receding back to 9.27, the stock is currently trading once again at the 11.00-range.

Extended Watchlist:
RMTI, ZQK, VVUS, FSLR, EGLE

TCPS, FNMA, FMCC & Extended Watchlists

TechnoConcepts, Inc. TCPS

We called for caution on TCPS in yesterday’s report, indicating our belief that a pullback was likely to soon be upon us. Fridays are often profit-taking days, and after six straight sessions of gains (420% in total at yesterday’s high, from original alert at .0025) it’s difficult for us not to chalk this up as a win and take our hefty profits.

While there is a chance the momentum could carry over to next week, at the very least, we’ll be looking to sell half of our position to lock in our initial investment, and ride the rest of the way on the house’s money.

Fannie Mae and Freddie Mac – FNMA & FMCC

FNMA and FMCC appeared in the extended watchlist both May 15th and May 16th, and since that time, have each made sizable increases:

FNMA – Low (05/16):1.20 – Yesterday’s High: 2.20 – Gained: 83%

FMCC – Low (05/15): 1.11 – Yesterday’s High: 2.05 – Gained: 85%

Both of these have been trading copious volume, so we want to be on the lookout for a continuation of the recent uptrends. In the event of a pullback, we feel there would be significant bounce opportunity.

Solar Sector Watchlist:
It looks as if the solar plays we mentioned on Tuesday are beginning to heat up. We are going to be paying attention to this group of stocks as we head into the long weekend:

ASTI, RSOL, CSIQ, HSOL, FSLR, SCTY, JKS, LDK

Extended Watchlist:
HALB, TNP, FREE, EGLE

EGLE, AAPL Calls & Extended Watchlist

Eagle Bulk Shipping, Inc. EGLE

EGLE appeared in yesterday’s extended watchlist after the recent release of a positive quarterly report caused a surge in both volume (more than 20X the 3mo. average) and PPS. The stock had a daily range of $4.10-5.93, offering up the chance for up to 45% in gains.

We’re keeping this one on watch for a continuation of the current run, and because of the large amount already gained over such a short period, we also want to take advantage of any bounces resulting from a subsequent pullback.

NEW YORK, May 15, 2013 /PRNewswire via COMTEX/ — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) today announced its results for the first quarter ended March 31, 2013.– Net reported income of $1.4 million or $0.08 per share (based on a weighted average of 16,966,070 diluted shares outstanding for the quarter), compared with net loss of $17.4 million, or $1.11 per share, for the comparable quarter of 2012.

— Net revenues of $72.2 million, compared to $52.6 million for the comparable quarter in 2012. Gross time charter and freight revenues of $73.6 million, compared with $54.8 million for the comparable quarter of 2012.

— EBITDA, as adjusted for exceptional items under the terms of the Company’s credit agreement, was $32.5 million for the first quarter of 2013, compared with $13.8 million for the first quarter of 2012.

Apple, Inc. AAPL Options

Apple appears to be gapping up this morning, and as usual we’re looking to leverage its activity to allow us to make sizable gains trading options. Currently, we are honing in on the $435, and $440 Calls. We may even have to move our strike price up to $445, should the stock continue to exhibit the incredible momentum we saw yesterday as it traded in a range from $418.90-437.85, yielding multi-bag gains for call contract holders.

The stock has already hit a high of $441.50 pre-market, and is currrently trading above $438.

Extended Watchlist:
EVRM, ETRM, MHGC, PPHM, EXM, FREE,