Blue Horseshoe Stocks: ARNA Recap & More

Arena Pharmaceuticals, Inc. ARNA

You have to go a long way back to find our very first coverage of ARNA. It was May 11th, 2012 that we first mentioned this stock as an item to have on long-term watch. At that time the company had an obesity treatment that was awaiting FDA approval.

The public sentiment during that summer was that FDA approval was all but in the bag, and as we waited the stock began a monstrous run from a low of 5.44 to the day of its approval when it hit 13.50, an overall increase of 148% It would be a very long time before we talked about ARNA again.

The next time was fairly recently on November 3rd when we included ARNA on our Extended Watchlist, and over a period of a few sessions, saw the stock make a decent move from a low of 4.12 to 4.76. After that, it endured a series of incremental pullbacks over the next several weeks.

Yesterday morning, in a stroke of superb timing we tagged the stock in our watchlist once again, and what it did next blew the run we witnessed in November right out of the water!  Coinciding with the announcement of positive top-line results on another of the company’s treatments (this one for autoimmune disease) ARNA made a huge intraday run from a low of 3.66 to all the way up to 6.09. That’s a hefty 66% increase in a single session, and it came on approximately 20X the 3-month average volume, so cheers are in order for anyone who took advantage of our timely alert!


Heritage Media Corp. HMCP

Since we mentioned HMCP for the first time on New Year’s Eve, the stock has provided us with a few quality swing-trade opportunities. That day the stock traded in a range from .0047 to .0068, an intraday gain of 45% In following sessions we then observed subsequent swings from .0037-.0064 (+73%) and .0034-.0062 (+82%) making HMCP a flipper’s dream.

As we point out on the snapshot below, what has formed on the chart is known as a bullish flag, which is known to be a signal of further gains. Couple that with an RSI that’s screaming toward the power zone, and it makes HMCP one that we’ll really need to watch closely as we head into week’s end.


Extended Watchlist:
BIND, BIOD, FOLD, NRX, CYRN, AVEO, ACUR, PLX, S

Blue Horseshoe Stocks: ZAZA Update & More

ZaZa Energy Corp. ZAZA

We tagged ZAZA last Thursday on the heels of an earnings beat, and at the time, we mentioned that we’d put the stock on watch for a classic dip-and-rip scenario.

While it took more than a full session for it to settle back and find support, it did so on Friday, bouncing off of the 2.87-mark. Yesterday ZAZA continued to trend off of that bottom and reached a subsequent high of 3.60. For us, that marks a three-day turnaround on ZAZA with possible gains of up to 25%

In order for us to remain interested in ZAZA, we’ll need to see support hold at or above the 50DMA of 3.24.



Geron Corp. GERN

We also want to make mention of GERN, which we put on watch Friday after the company announced it had licensed its cancer treatment to a unit of Johnson & Johnson in a contract that could reportedly be worth up to $935 million.

After seeing a low of 2.72 from GERN initially on Friday, the stock began to rebound up to yesterday’s high of 3.10. (+14%) and appears to be gapping up slightly in the premarket today.

Folks might be interested in tuning in to the live webcast of GERN presenting at the Stifel 2014 Healthcare Conference in New York,  NY today at 1:50 p.m. EST. Webcast link can be found at GERN’s Website, HERE >>>


Gainers From Yesterday’s Watchlist

NV5 Holdings, Inc. NVEE
NVEE made a decent move during yesterday’s session, trading in a positive range from 10.60-12.40, offering up the chance for a 19% intraday gain.

Amicus Therapeutics, Inc. FOLD
Another modest yet notable mover came in the form of FOLD, which increased from a low of 6.22 and reached 7.10, a move of 14%


Extended Watchlist:
JNUG, AUY, DNDN, UEC, ONVO

Blue Horseshoe Stocks: FCGD Update & More

First Columbia Gold Corp. FCGD

We wanted to take an opportunity this morning to update our subscribers on the recent activity of FCGD. In the weeks since we published our initial report on October 30th, the stock has provided us with a couple of quality swing trade opportunities.

The first came the week before last, as the stock traded in a range from .075-.095, a gain of 26% After pulling back to find support at .07 this past Tuesday, FCGD made another push, reaching as high as .11 on Friday. That added another 57% swing, and brought our cumulative total of possible gains on FCGD over the course of just a couple of weeks to 73%

The good news is, the chart is still looking as if it’s gearing up for the next run, as we pointed out below:

Also, don’t forget, First Columbia is involved in an expanding oil & gas project in Kentucky, and is actually pulling resources from the ground. Their current ten-well program was nearly halfway to completion as of the latest PR update from FCGD, so we’re going to be waiting intently for further information regarding the project.

Another good way to establish a clear picture of the company’s progress and operations would be to listen to the exclusive interview we conducted with FCGD CEO Jason Castenir via our sister site, Stock Traders Talk. >>> CEO INTERVIEW

More Info on FCGD @ FirstColombiaGold.com
or connect with FCGD on Facebook, Twitter and YouTube


Solar3D, Inc. SLTD

We also want to make mention of SLTD; the stock came down to a low of .18 on Friday and immediately began to recover ground, so this is one we’ll enter into the log as a possible bottom-bouncer.

Provided it can hold support at or above the current 50DMA at .19, we’ll have it on watch to possibly continue to rebound as we begin a new trading week.


Extended Watchlist:
FOLD, ABGB, CADC, NSPH, MSTX, NVEE

Blue Horseshoe Stocks: DGLY, DRNE, APPG & Extended Watchlist

Digital Ally, Inc. DGLY

Our tag of DGLY prior to Thursday’s session had brought an excellent chance to collect up to 39% in profits last week as DGLY traded in a range from 5.75-8.00 that day.

The stock performed well for us for the second straight day on Friday, registering higher lows and higher highs. We saw DGLY run up from 7.10 to a high of 8.65, a 22% intraday gain. Measuring Friday’s high from the low we observed Thursday, marked an overall two-day increase of 50%

That figure increases dramatically when measured against this morning’s premarket high of 9.74. Anyone fortunate enough to pick up DGLY from the 5.75-mark would be looking at gains in excess of 69% at that level.


Drone Aviation Holding Corp. DRNE

We flagged DRNE in Friday’s Extended Watchlist and were pleased at the move the stock made from its early morning low of .89. It ran into the close and achieved a high of 1.10, an increase of roughly 24% on nearly 10x the average monthly volume.

The stock hadn’t traded that much volume since April, so we really did come upon DRNE at an opportune time.


Apptigo International, Inc. APPG

APPG is a bottom-bouncer that we wanted to mention this morning. On Friday the stock hit, and began to rebound off of its 52-week low of .366, closing at .51, just a penny below its high of day on twice the average monthly volume.

We are seeing a fresh PR out on APPG this morning as well:

MIAMI, FL–(Marketwired – Aug 25, 2014) – Apptigo International, Inc. (OTCBB: APPG) (OTCQB: APPG), a non-conforming, highly creative agency and mobile app developer, today announced that the Company has been invited to present at the National Investment Banking Association’s (“NIBA”) 132nd Investment Conference to be held in New York City on September 15-17, 2014. >> FULL PR


Extended Watchlist:
MGT, MRNA, FOLD, AMPE, XGTI, TOPS,
RGDO
(Big gap down radar for possible bounce)

Blue Horseshoe Stocks: DRL, PBR & More

Doral Financial Corp. DRL

One of our main interests from this week has been DRL, and this stock put forth a very solid session yesterday. After seeing lows of 6.81 in the morning, the stock broke out in the afternoon to 9.29. That was good for an intraday run of 36%

Some of you may recall our initial alert on DRL back on July 23rd, subsequent to which we would observe a low of 4.61. Yesterday’s high marked a 101% move up from that level, over a span of less than a month.

Congrats go out to everyone who was tracking DRL along with us, as it provided a plenty-big chance for all to profit.


Lucas Energy, Inc. LEI

LEI appeared for the first time in our reports yesterday, and performed pretty well for a first-time call. Right at the open we tracked LEI from its low at .52 and saw a rapid spike to .69, which marked a gain of 32% right off the bat.

Those who missed the opening move still had a chance for a 15% intraday flip as LEI came back to bounce off support at .55 and ran back to .63 just prior to closing.


Petroleo Brasiliero S.A. (Petrobras) PBR – Tracking Options

We’re still all over the PBR options chain (in fact it has appeared in our reports more than 40 times since March) but we don’t see why anyone would be getting sick of our coverage, as every single one of our recent ideas on this play has paid out in a big way.

Yesterday was no exception; let’s break down our pre-market calls and see how they fared. We mentioned the $16.50  and $17 Weekly Calls for a quick intraday flip opportunity, and traders would have been very pleased to play either set of contracts. The $16.50’s ran 45% in a range from .91-1.32, while the $17’s traded from .50 up to .83; a possible gain of up to 66%

The January $19 Calls that we radared as a longer term option made a small move as well, trading in a range from 1.43-1.58 (+10%)

Those of you who may not recall our week-to-week swing trade idea from last Friday, let us refresh your memory. We mentioned that a play on the 08/22 $15.50 Calls could be good for a swing trade into this week, and the reulsts have been nothing short of astonishing. The contracts saw a low of .38 on Friday, and yesterday, showed us a huge increase, touching 2.17 for total possible gains of up to 471% Cheers to anyone who took our idea with more than a grain of salt!


Side Note:

From yesterday’s extended watchlist, FOLD also had a pretty solid session as it ran steadily from 5.02 in the early morning, to 5.99 around midday. A modest yet comfortable gain of 19%


Extended Watchlist:
DGLY, CPST, JRJC, AMSC, BSPM

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