Tag: ERBB

Blue Horseshoe Stocks: Successful Bounce-Plays & More

Recent Recovery Plays

As it turns out, Friday was a good day for us in terms of spotting stocks coming off of their recent relative lows that were ripe for a rebound. We tagged both APDN and MIL in that report, and in both cases we’ve seen extended signs of recovery.

Applied DNA Sciences, Inc. APDN – We’ve been familiar with APDN for quite some time, and were prompted to include it on Friday as a bottom-watch play after Thursday’s session had sent it hurtling off a cliff. Our observed low on Friday was 3.28, and as of yesterday high mark of 4.56, we had witnessed a 39% rebound.

MFC Industrial, Ltd. MIL – With MIL, we’ve seen a modest, yet healthy two-session swing of 13% ranging from Friday’s low of 2.63 to yesterday’s high of 2.97. We’re going to be very interested to follow its progress in the days ahead, as the chart still appears bullish.

In both cases, we’ll be looking for continued signs of strength with the recording of higher highs and higher lows going forward.

The Pot is Hot: Cannabis Sector Resurgence

We included Hemp, Inc. HEMP in yesterday’s premarket report as a result of the momentum that we’d noticed building up in the stock on Friday.

As our longtime readers are aware, we’ve been heavy followers of the cannabis space since its emergence a few years ago. While HEMP was the most actively traded stock on the OTC markets yesterday, we also saw a number of our other old favorites in the sector showing signs of renewed vigor as well. Among those were MJNA, GRNH, CBIS, MDBX, ERBB, TRTC.

We prepared a quick video containing some thoughts on the situation that we’d like to share, so be sure check it out:

Yesterday’s Other Winners:

Barfresh Food Group, Inc. BRFH – We tagged BRFH yesterday both for the positioning of the chart and the substance of the PR (link below)that the company released in the premarket. The result was a 22% intraday swing from .74-.90. This play will remain on our radars as the week progresses.

Western Graphite, Inc. WSGP – WSGP was another good call, as this super-subpenny performed an impressive dip-and-rip which culminated in an impressive intraday swing. After touching a low of .0003, we saw WSGP run as high as .0007; which registers as a 133% pop.

Extended Watchlist:
BSSP, LBSR, VGID, GDSI

Blue Horseshoe Stocks: Celebrating Four Great Years!

Options Wrap-Up

We’ve been going heavy on our options tracking this week, and have unearthed some real gems as usual. To close things out today, we’ll identify a couple of things to watch for once action commences. 

Apple, Inc. AAPL – To reiterate our AAPL idea, we were tracking the stock and observing for a bottom early this week, which it found Wednesday. It led to some impressive gains in the Weekly $115 Calls, and those are the contracts that we’ll watch for added activity. *Remember: Trading in options with a weekly expiration on a Friday carries an elevated risk/reward dynamic.
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First Solar, Inc. FSLR – Earlier this week we saw intraday gains running from 188-579% from our FSLR ideas. We’ll roll our previous tracking range ($47-50.50) on Weekly FSLR Calls up to the $51-52 Level.
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FitBit, Inc. FIT – We’ve witnessed gains approaching the 100%-mark from Weekly FIT Calls in prior sessions, but today we’re going to enter a longer-term idea into the log for extended observation. We’re interested in the FIT September 18th $64 Calls.

Sub-Penny Bottom-Watchlist

Stragenics, Inc. ASAB & Pervasip Corp. PVSP

As you can see from the side-by-side snapshot below, each of these .0008-stocks appear ready to rebound off of their recent relative bottoms, and we’ll want to be paying close attention when they do. Especially in the case of PVSP; a play that we tracked over a monster run from late-June, early-July.

American Green, Inc. ERBB

We’ve been familiar with this stock since back when it was still trading as Tranzbyte Corp., although 2015 has been a near-constant downslide for the stock. One look at the chart and it’s self-evident.

It did however, respond to the logging of a new 52-week low on Wednesday with a higher low for yesterday’s session, so we’ll want to see if it can continue to establish a higher base of support. A rebound could be forthcoming at any time, so we’ll re-submit this to our running watchlist.

SPECIAL NOTE:

Today we are celebrating the 4th anniversary of Blue Horseshoe Stocks. It’s been a great ride so far, and we can’t wait for all the great things the future holds! Our thanks go out to our many valued subscribers and readers from around the globe for your continued support! Without you we’d have no reason to do what we do, so, Happy Birthday to the entire Blue Horseshoe Stocks community, one and all!

Blue Horseshoe Stocks: PBMD Recap, ASTI News & More

Prima BioMed, Ltd. PBMD

PBMD stood out among yesterday’s fresh news plays with a solid performance on the day. It was helped along by the announcement that the European Medicines Agency had given positive Scientific Advice with regard to the development path for its metastatic breast cancer treatment.

We observed as the stock traded in a daily range from 1.42 to 1.78, representing a respectable 25% intraday swing, and it did so on the strength of nearly 3.5X its 3-month average volume.

Looking at some of the still-bullish features PBMD chart, we’re going to stay open to the possibility of seeing further upswings in the near future:

American Green, Inc. ERBB

We highlighted ERBB on Friday as a potential bottom-watch candidate, and the stock has responded with a nice move so far this week. It was trading at a low of .0039 to start things off on Monday, and yesterday we watched as it reached a .0049 high; a two-day swing of 26%

The company just completed an important step in their current business plan which was reported in a PR yesterday (link below). It was in reference to the partnership ERBB has formed to construct a legal marijuana grow operation in Colorado, which will purportedly focus solely upon the propagation of “CBD-rich cannabis strains”. It’s a story we’ll continue to follow as more details become available.

Ascent Solar Technologies, Inc. ASTI

We’re also still on alert with regard to an inclusion in Monday’s premarket report; ASTI has been making its way toward a bottom for the past few months. Yesterday we observed a low .451 toward the end of the session, and it appears that will be marked down as the the rebound point as the stock is gapping up heavily in early trading today with the help of a very positive PR.

As of this morning’s premarket high of .80 we’ve already seen a 77% swing in less than 24 hours. We’ll keep a close watch on ASTI today as this morning’s news of its 233% quarter-over-quarter revenue increase filters down and reaches more sets of eyes.

Extended Watchlist:
BTU, IPDN, UWTI, OCLS, GBSN, AMDA, CNXS(>Interesting PR)

Blue Horseshoe Stocks: Wrapping Up the Short Week

American Green, Inc. ERBB

As we prepare to adjourn for the long holiday weekend, we want to circle back to an alert we issued on Monday regarding ERBB’s status as a potential bottom-bounce play. The resulting action fit neatly into that category, and all in all the stock went on to log solid move for the week.

It began with an initial dip to .0037 Monday, where the rebound began to occur. Yesterday the stock registered a high of .0045; that hashes out to a solid three-session swing of 22%

With the stock closing at .0042 yesterday, maintaining a good portion of its advances, we’ll want to keep a spot reserved on our watchlist for ERBB. We’ll look for it to continue registering higher highs and higher lows, and maintain support at the .0037-.004 range, eventually breaking back above resistance at .005.

Pervasip Corp. PVSP

PVSP is an old favorite favorite of ours; we tracked it over more than a thousand-percent gain early this year, as well as a nice 66% intraweek swing at the time of our last mention in the 1st week of June. The stock has been heating up again this week, with the PPS cracking above the 50DMA (.0014) yesterday, and managing a strong close one tick above at its high of day at .0015.

We’re going to look for the stock to make a strong finish to this short week, and keep our ears to the tracks for the forthcoming acquisition update promised in Monday’s letter to shareholders.  Apparently PVSP is putting the finishing touches on obtaining “a revenue-producing retail distribution company servicing the hydroponic and indoor grow facility market in Denver, Colorado.“ so we’ll be keen to receive further information on that when it becomes available.

Definitive Rest Mattress Co. DRMC

We wanted to recap the action on DRMC following its appearance in yesterday’s morning report. The stock executed a dip-and-rip pattern around midday that carried it over a range from .0027-.0035; an intraday move of +30%  This occurred on almost 3x the monthly average volume, but in and of itself the volume was still relatively light. A pickup in buying pressure could really send DRMC for a ride, so we’ll keep watch for that, and for the stock to continue maintaining support above the 50DMA.

SPY Options Update

On Tuesday, we formulated an idea for trading SPY options on the heels of some market pressure caused by the uncertainty surrounding the current situation in Greece. We would look at 205.50-207 Puts and Calls until a trend was firmly established, and then determine our course of action. When the SPY found support above the 200DMA and began to rebound, that’s when we were able to identify the Call-side as the way to play, and the bulk of the action came in the $207’s during yesterday’s session.

There were multiple swings of significant magnitude which provided potential gains. First, from .90-1.26 (40%), followed by another from .75-1.00 (33%), and a third which ranged from .66-1.05 (59%). That worked out to a cumulative total of 132%  for the day.

Extended Watchlist:
HNSN, PVCT, BLDP, NAVB, TSLA($275-280 Calls, watch for dip-and-rip)

Blue Horseshoe Stocks: Fresh News Plays & More

NuGene International, Inc. NUGN

We’ve been tracking NUGN for a few weeks now, with our most recent focus coming on the 15th of this month. The stock has been making a good bit of progress on the chart since rebounding off of support at 2.64 a few days later on the 18th, and we want to draw extra attention to it this morning as a new PR has hit the wires.

From that recent swing low, NUGN has regained ground back to Friday’s high of 3.48, which marks a 32% rebound in a span of seven trading days. We’ll want to keep an eye out for a continued uptrend from this point forward.

This morning’s interesting news involves NuGene’s Kathy Ireland® product line, which has been selected by a high-volume cosmeceutical  e-commerce store, LovelySkin.com, as a premier line of business for its online outlet which serves hundreds of thousands of customers. >> READ PR

Kraig BioCraft Laboratories, Inc. KBLB

We want to tag KBLB as we kick off this short trading week for a couple of reasons. The first of which is the positioning of the current KBLB chart, which as you can see from the following snapshot, is searching out a bottom as it has come down off off the second major swing in as many months. Twice this spring, the stock surged from the .035-area to a nickel or more.

We’ll be looking to get in on some of the rebound action should history attempt to repeat itself, and this morning’s PR could be a good start along that path.

KBLB has developed what it is calling its strongest recombinant spider silk substance to date. In fact, the wonder-material they are dubbing Dragon SilkTM is actually stronger than natural spider silk! We’ll be interested to follow this storyline along with the good chance of seeing some significant short-term gain opportunities. >>READ PR

American Green, Inc. ERBB

We tracked ERBB quite a bit back when it traded as Tranzbyte Corp., and now that it goes by the American Green moniker, we’re seeing the materialization of what could be an upcoming move on the chart. It would come in the form of a bottom-bounce play; as you can plainly see, the stock has been on a rather steady decline for the past few months.

In addition to being heavily oversold, the company has some fresh press out today:

TEMPE, AZ–(Marketwired – Jun 29, 2015) – American Green, Inc. (OTC PINK: ERBB) is very pleased to announce today that it has executed an acquisition agreement with TrackX, LLC (www.TrackX.com). TrackX, a Denver-based company, is one of the country’s leading providers of complete Radio Frequency Identification (RFID) tracking and cloud-based physical asset management systems. >> FULL PR

Extended Watchlist:
IAG, CBLI, SYMX, WYY, SYN

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