Tag: FCEL

Blue Horseshoe Stocks: ODP Update, FRO & More

Frontline, Ltd. FRO

The last time we mentioned FRO was early this month, at which time the stock was trading at a low of 1.33. It has been ramping its way up over the past few sessions, making higher highs and higher lows, and we wanted to flag it once again this morning as it is trading up significantly in the premarket.

This morning’s high of 2.15 represents an increase of 61% over the 1.33-low that we observed as recently as Monday. With the heavy early-morning momentum we’re seeing we’ll want to follow along with this play closely today and into next week.


Talisman Energy, Inc. TLM

We’ll keep an eye on TLM today as well based on some heavy premarket activity and the fact that the stock is coming up off of its 52-week lows. We’ve noticed a break on the chart due to a gapdown from around 5.60 to 4.80, and with the stock currently trading in the 4.40’s, we should be on the lookout for it to possibly make a run at filling that gap.

ChemoCentryx, Inc. CCXI

Also popping up on our morning scan is CCXI, which is currently trading feverishly in the premarket on the heels of a PR early this morning regarding positive top line results on one of its products currently in testing.

With the stock up over 100% in early trading, we’re going to be on the lookout for massive profit-taking to potentially drive the price back down where it may set us up to take advantage of a dip-and-rip opportunity.

MOUNTAIN VIEW, Calif., Dec. 12, 2014 (GLOBE NEWSWIRE) — ChemoCentryx, Inc., (CCXI), a clinical-stage biopharmaceutical company focused on autoimmune diseases, inflammatory disorders and cancer, today announced positive top-line 52-week data from its Phase II clinical trial in diabetic nephropathy with CCX140, an inhibitor of the chemokine receptor known as CCR2. >> FULL PR

Office Depot, Inc. ODP

ODP was a good call for yesterday’s session, as it made a solid 8% move on news that a large activist investor took up a significant position in Office Depot while raising its existing stake in Staple stock to 10% total ownership. It is fueling speculation that there could be pressure for a merger between the two, so this is definitely a story we’ll continuously track going forward.

Extended Watchlist:
ONVO, ONTY, DENN, FCEL, UBIQ

Blue Horseshoe Stocks: CACH, PLUG & More

CACHE, Inc. CACH

Continuing the pattern of tracking bottom-plays that we’ve established this week, we have another potential play to add to the mix this morning with CACH.

We noticed this one on our premarket scanner this morning, and after glancing at the chart we can see potential for a possible dead-cat bounce. The stock has recently been beaten back to a new 52-week low at .22, and is rebounding back to the mid-.30’s in this morning’s premarket trading. We’ll have an eye on it for at least the remainder of the week.

Today’s Press:

CACHÉ, Inc. (CACH), a national multi- channel specialty retailer of women’s apparel and accessories, today announced that the Company has received an inquiry from a third party regarding a potential sale of the Company >> Full PR

Plug Power, Inc. PLUG

Our long-time subscribers will certainly recall our monstrously-successful interactions with PLUG in the past, but for those who are newer to our reports, a quick refresh- we tagged plug initially back on February 28th, 2013 at a price of .135, and over a 13-month period followed it all the way to a high of 11.72 (this March); an eye-popping increase totaling 8,581%

Currently, PLUG is trading near the $4-mark in this morning’s premarket, and there is a gap on the chart from roughly 4.50-5.00. If the stock can break its 50DMA at 4.36 on the strength of a significant PR this morning, we could see a gap-fill.

On the whole, the stock is trading at a relative bottom, and with a number of factors looking favorable (including this morning’s announcement of a contract worth upwards of $20M), we like the chances of seeing some opportunities come our way.

The severe beating currently being administered to the fossil fuel markets makes now as good a time as any to look at alternative energy plays like this one, as well as others we’ve previously tracked within the sector, such as BDLP and FCEL.

LATHAM, N.Y. and SPOKANE, Wash., Dec. 4, 2014 (GLOBE NEWSWIRE) — Plug Power Inc. (PLUG), a leader in providing clean, reliable energy solutions, today announced that it has executed a multi-year contract for its ReliOn integrated fuel cell solution and GenFuel hydrogen services to be used with a major North American telecommunications provider. >> Full PR

Extended Watchlist:
TCCO, ARRY, SCOK, RAD, MZOR, TASR(Fresh News)

Bonus Penny Watchlist: VSTR, AVIX

Blue Horseshoe Stocks: LAKE Recap & More

Lakeland Industries, Inc. LAKE

Yesterday’s report turned up another premium opportunity for us to take advantage of a big intraday move. LAKE produced the largest percentage gain on the NASDAQ, starting out in the morning at a low of 10.32, and pressing upward all day long, hitting its high of 13.68 just prior to the closing bell. That equates to a strong 32% increase, and it came on more than twice the 3-month average volume.

LAKE is probably going to be a stock that we’ll want to monitor into the new year, following the recent revelation that the company would be releasing its Q3 financials on December 10th, which are expected to include increased sales to the tune of +15%  We’ve been made aware that those numbers will not reflect international sales or impact from Ebola-related orders which are expected to be realized in fiscal Q4 2015 (period ending 01/31/15) >> Read PR

Options-Trading Side Note:

We want to give ourselves a pat on the back for accurately determining how to approach PBR this week. Just to give a quick rundown; we outlined the PBR January 17th $10 and $11 Calls in Monday’s report. We watched as they dipped back and gave us a good chance for a discounted entry, and in yesterday’s premarket report, stated that we’d attempt to reap our profits on the gap-up that was in progress.

From the lows we observed Monday, ($10: 1.16, $11: .67) we were able to achieve significant gains at yesterday’s early highs. The $10 Calls ran as high as 1.57 (+35%) and the $11 Calls saw the 1.00-mark (+49%).

There’s still plenty of time before these contracts expire, so there’s a good chance that we’ll be able to realize further opportunities down the road from the PBR 01/17 $10 and $11 Calls.

Let us take this opportunity to wish all of our members a safe and happy holiday, and we’ll see everyone for a half-session on Friday.

Extended Watchlist:
TASR, GPRO, CZZ, FCEL, JCP

Blue Horseshoe Stocks: NYMX Update, LTNC & More

Nymox Pharmaceutical Corp. NYMX

We certainly hope our readers read over yesterday’s morning report thoroughly, because it would mean that people caught our closing note on NYMX in the extended watchlist. We mentioned the big gap-down on the stock, and that we’d be on the lookout for a reversal.

It didn’t take any time at all for NYMX to behave according to our suspicions; it opened at a low of .59 and immediately began its recovery, which lasted for a good portion of the day and culminated in a high of 1.03. Big congratulations are in order for anyone that took advantage of that 74% intraday rip.

The huge gap-down was apparently caused from a knee-jerk reaction to Sunday’s announcement that the company’s prostate cancer treatment (NX-1207) failed to meet primary efficacy endpoints in Phase 3 studies.

It’s fair to mention that prior to yesterday’s session, NYMX was trading at a base level just below $5 (50DMA of 4.77) and yesterday’s bottom-bounce carried it back up to a mere fraction of that level, so it will be interesting to see how much of its lost ground could potentially be recovered in coming sessions.

Labor Smart Inc. LTNC

We caught LTNC on a routine news scan this morning, and we really like what we learned from a quick glance at the PR. LTNC announced that its October revenues set a company record ($2.7M), contributed to a 23-month streak of year-over-year increases, and brought total revenue for 2014 over the $20M-mark.

Those highlights are substantial enough to have us put LTNC on our radar moving forward. A company exhibiting growth patterns like these is certainly worth watching.

The chart is also coming off of a relative bottom, so it could be that we’ve stumbled across LTNC at just the right time.

Extended Watchlist:
CDTI, CDVI, ODP, VSR, MWW, FCEL

Blue Horseshoe Stocks: Potential Bottom Play & More

Yesterday’s Top Picks

Wednesday was a pretty good day for a couple plays off of our watchlist; top billing goes to an ETF rather than a stock.

We tagged JNUG (gold miner’s bull index) and were pleased at the scope of the run we witnessed. Over an impressive daily range from 8.43 to 12.35, it offered us the chance at gains in excess of 46%

Meanwhile, UNIS registered a solid 25% intraday move as it spiked from a morning low of 2.78 on up to 3.49. Both plays blew their 3-month average trading volume out of the water for the day.

First Liberty Power Corp. FLPC

We also want to flag FLPC today for a number of different reasons. This subpenny stock is coming off of a recent bottom, and has recorded higher lows and higher highs for the last 4 consecutive sessions. Yesterday it broke above its 50DMA (.002), and we’re going to be looking for support to hold at or above that mark in order for us to remain interested.

A quick view of the chart reveals some of the potential of FLPC:

Extended Watchlist:
HKUP, RT, PBR, JBLU, FCEL, BLDP, PLUG, 

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