GRPN Archives - Page 5 of 6 - Blue Horseshoe Stocks

GERN, MACK, ADSU, ACDU & Extended Watchlist

Yesterday’s OTC Shutdown

We wanted to comment on the lack of OTC trading yesterday even though our newsletter didn’t happen to contain any OTC stocks. Due to an alleged glitch in connectivity, FINRA made the call to halt all trading on the OTC Markets. It took most of the day for a solution to be enacted, but apparently the problem was resolved, and trading will resume normally today. This wasn’t the first time this year that a US Market has been shut down for glitches in data streams, as many you of recall, NASDAQ was hit with a similar occurrence which forced a halt back in August.

Geron, Corp. GERN

We added GERN to yesterday’s extended watchlist upon witnessing pre-market trades going off in the 4.00-range. It was gapping up big-time from its previous close at 3.60, and began the day’s trading at 7.25. This was a red flag, and as is usually the case with a stock which has spiked so violently, GERN hit its top at 7.79, and began the inevitable reversal. This would have been an excellent opportunity to short the stock, and cover in the 5.00-range for a rapid profit to the tune of 40%

Merrimack Pharmaceuticals, Inc. MACK

MACK is a bottom-bounce play that we picked up on yesterday, and like it as a potential recovery play. There is a big gap on the chart between the 3.00-3.40 level, the filling of which could provide us with gains of 30% or more. We’ll have it on watch today to break that 3.00-mark.

Aden Solutions, Inc. ADSU
&
Accredited Business Consolidators Corp. ACDU

We noticed that these two plays began to breakout yesterday on abnormally high volume. We want to keep them on watch for a continuation of that momentum into today’s session.

Gainers From Yesterday’s Watchlist

Here are picks from yesterday’s extended watchlist that fared well and offered us the chance at gains:

NeuroMetrix, Inc. NURO saw a low of 2.38, and ran 20% to 2.85 roughly between the hours of 10am-1pm

LivePerson Inc. LPSN touched a low of 10.61 before hitting its daily high at 11.44, an 8% increase.

Extended Watchlist:
PPHM, GRPN, RVLT, OXBT, SUNE

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

LTCHD & Extended Watchlist

mCig, Inc. LTCHD

LTCHD landed us atop the Penny Stock Rumble following yesterday morning’s alert. After touching an early morning low of .12, the stock would stair-step its way up for the entire day, closing out the afternoon at its high of .23. That was a golden opportunity for our subscribers to bank up to 92% in gains on a single session.

This excellent daily performance came on a large amount of volume, and spawned a nice setup for the chart as the 50DMA is preparing for a Golden Cross of the 200DMA. We definitely want to keep this play on our watchlists moving forward. As is the case with any heavy gainer, we also want to stay cautious for a possible reversal.

Extended Watchlist:
CYNX, SAPX, LOTE, LOCM, ENVI, GRPN, PLUG

Blue Horseshoe Stocks: IWEB, GRPN, TSLA

IceWEB, Inc. IWEB

Yesterday, we mentioned that if we could “see IWEB make higher lows, and find a level of support at .03 or better”, we would remain optimistic about this stock. We’re happy to report that after running up 23% on the day to .042 and nearly testing the 200DMA followed by a consolidation, it managed to close at .0325 on its highest volume since early April.

That makes the third major spike we’ve seen from IWEB in just under a month and every time, we’ve been ready and waiting to pounce on each bounce, because the trend is our friend! It’d be a good idea to monitor IWEB for higher lows and higher highs in anticipation of a possible fourth run from the stock in as many weeks.

Side Notes: Earnings Gap-Ups

Groupon, Inc. GRPN
Groupon earnings have the stock looking like a gapper this morning- We’ve been monitoring GRPN on our extended watchlists over the past few months, putting the stock on watch this spring and seeing a subsequent run-up from the 6.00-range to recent levels over $10.

Tesla Motors Inc. TSLA
Another play we’ve mentioned in the past is gapping up on earnings today. What we’re likely looking for in TSLA is a run-up, consolidation, and eventual bounce. Option-trading opportunities may be presented by this one, more specifically in the $140 & $145 Calls.

VDSC, Options Trading Ideas & Extended Watchlist

Options Trading
We want to continue focusing our attention on AAPL and SPY Calls today, after positive job-growth numbers were released this morning.

This comes after a solid performance from the AAPL $420 Calls we mentioned on Wednesday before the holiday break. Intraday gains over two significant spikes totaled a cumulative 168%

ALAS International Holdings, Inc. VDSC
We’ve mentioned VDSC several times this year, and each time, it stacked up some great percentage gains for us. Back in January, we saw a huge move from .0007-.0093 (+1229%), and then from March to May, from a low of .0013 up to .017 (+1200%).

It is now finding support off of its previous resistance level, the 200DMA of .004, and it appears as if conditions are ripening for another run. We have an RSI coming off of being oversold, the PPO is pinching toward a cross, and the Slow SLO, also oversold, just recently crossed as well.

Extended Watchlist:
BBRY (Coming Off Recent Lows), GRPN, ZNGA, FRO, GALE, SWHC