Tag: IDRA

Blue Horseshoe Stocks: Two New Plays & TASR Recap

TASER International, Inc. TASR

We re-tagged TASR in yesterday morning’s watchlist along with a link to the new PR pertaining to the influx of orders for body cameras from several law enforcement agencies across the country (View PR).

We’ve been tracking this play continuously since we first inserted into our reports the day before Thanksgiving. Over those 5½ sessions, we’ve observed a low of 20.79 (12/01), followed by a gradual rebound to back above the $24-mark.

In this morning’s premarket, the stock has thus far made its way to a high of 24.72, which represents an increase of 19% over Monday’s low. We’re going to want to keep close watch on this play as the national dialogue over the need for more stringent police oversight continues to heat up. As we stated in one of our previous reports on TASR, TASER is already a trusted name in law enforcement/personal safety products, and thus a natural choice for many of the agencies now considering the implementation of body-worn cameras.

Alaska Communications Systems Group, Inc. ALSK

ALSK is running like a scalded dog in concurrence with an after-hours PR from yesterday regarding the sale of the company’s wireless division for $300M.

Already up over 60% in premarket trading, we’re going to be on the lookout for a dip-and-rip setup to occur. After a big initial push, we’re no strangers to sniping out profits on a course correction and subsequent rebound.

ANCHORAGE, Alaska–(BUSINESS WIRE)–Alaska Communications (ALSK) has entered into a transaction to sell its remaining wireless assets to GCI Communications, Inc. (GNCMA) for $300 million and plans to use net proceeds to de-leverage its balance sheet. A stronger balance sheet, combined with top and bottom line growth, better positions the company to evaluate a variety of additional opportunities to create shareholder value.>> Full PR

Barristas Coffee Company, Inc. BCCI

We also have a possible momentum play to add to the mix this morning. In the wake of a PR announcing BCCI’s uplisting to the OTCQB yesterday, the stock began to trade up off of a  bottom and bull-rushed its way to close at its high of day (.05). The move occurred on more than 7X the monthly average volume, and any time we see momentum like that, we go on full alert for a potential continuation into the following session.

Extended Watchlist:
TRVN, IDRA, GERN, ICLD

Blue Horseshoe Stocks: Update on AEZS & More

AEterna Zentaris, Inc. AEZS

Our Monday morning report this week included AEZS as a potential bottom play which we did end up timing perfectly, seeing an 18% intraday move (.55-.65) during that session.

We also focused in on AEZS yesterday morning, mentioning that further opportunities appeared possible, and were rewarded for the second straight day. The stock traded in a range from .67-.79, which registered as another 18% intraday jump.

Yesterday’s high marked an overall increase of 43% and provided an excellent example of why the setting of new all-time lows in a given stock is a phenomenon that will draw our attention every time.

We’ll continue to monitor this play as the week progresses, but all in all, we consider it to be a success already, with the chances it has given us to make solid gains over a period of just two days.

Quick Update on TASER International, Inc. TASR

We wanted to update readers on another stock we’ve been monitoring over the last week- TASR has also provided a modest opportunity over the past couple of sessions. The stock bounced off of support at 20.79 on Monday, and yesterday managed to push its way to a high of 24.44, a notable 17.5% increase.

Extended Watchlist:
IDRA, MOLG, SQNM, ONVO,

Blue Horseshoe Stocks: DGLY Update & Much More

Digital Ally, Inc. DGLY

For the third consecutive session yesterday, our coverage of DGLY yielded the opportunity for significant gains as the stock once again posted higher lows and higher highs on dramatically higher-than-average volume. (More than 12x higher than the one month average)

The stock began the week on a very strong note, trading in an impressive range from its early morning low of 8.75 all the way up to 14.75 shortly before 3PM. That represents a steady intraday move of 68% and at that high, our total possible gains on this stock over a three session period from the low we observed Thursday (5.75) stood at 156%

This has been an excellent short-term play for us, so we want to congratulate anyone who was able to take advantage of our timely alerts.

Drone Aviation Holding Corp. DRNE

We included a mention of DRNE once again yesterday, after its inclusion in Friday’s report led us to the chance to make up to 24% in gains from .89-1.10. The stock responded with another nice performance, and registered higher lows and higher highs on the day.

DRNE traded in a range from 1.09-1.30, a 19% intraday gain, and that high marked a 46% move up off of the low we observed when we tagged this play on Friday.


LabStyle Innovations Corp. DRIO

DRIO was a play we were monitoring yesterday, as anyone who stopped by our blog at BlueHorseshoeStocks.com and took a look at our daily stock tracker would have noticed. The stock is coming across as a bottom-bouncer, which hit its 52-week lows in the nickel-range yesterday, and has already begun a healthy rebound, pushing its way back over .08.

Significant volume is pouring through the stock for the first time in quite awhile, with yesterday’s session setting an all-time record, so DRIO will definitely be one we want to keep an eye on moving forward as it continues its recovery.

DRIO also provides an excellent example of why its always a good idea to visit Blue Horseshoe daily even if you’ve already read our morning report in your inbox. Occasionally the content will be updated between the publishing of our morning reports and the opening bell, and visiting the site is the only way to catch those periodic and unannounced changes.

We also have a Live Trading Chatroom that we participate in, the Legends of Wall Street, which you can check out  free for a limited time only. CLICK HERE to go there, and use the password “bluehorseshoe” to enter.

Petroleo Brasiliero S.A. (Petrobras) PBR

PBR hit new highs yesterday cracking the $18-mark, and lending further credence to our long term options-trading idea that we put forth last week; the January 17th $19 Calls. Those contracts have edged their way up from a low of 1.23 on Friday, and hit 1.64 during yesterday’s session, which marks a modest yet significant session-over-session increase of 33%

We expect the possible gains on those Calls to inflate even further as they draw nearer to their expiration if PBR can continue to follow its recent patterns.

Extended Watchlist:
ACHN, ZGNX, IDRA, RGDO, HGSH, STRP, VII

Blue Horseshoe Stocks: WAVX, APP, HEMP & Extended Watchlist

Wave Systems Corp. WAVX

WAVX hits our radar this morning as a fresh news play that is currently gapping up in pre-market trading. It will be worth putting this one on our radar in the event that the stock continues to run. The news is regarding a collaboration between WAVX, and Micron Technology, Inc. (Nasdaq:MU).

BOISE, Idaho and LEE, Mass., April 15, 2014 (GLOBE NEWSWIRE) — Micron Technology, Inc. (MU), a global leader in advanced semiconductor systems, and Wave Systems Corp. (WAVX), a leading provider of endpoint security, today announced they are expanding their relationship to develop solutions designed to strengthen user protection against current and emerging threats to compute and embedded platforms. >> FULL PR

American Apparel, Inc. APP

Now is the time of year when we begin speculating on the positioning of APP; our coverage of this stock goes back to 2011. Traditionally this stock performs well heading into the heavy retail season which lasts from summer through the holidays.

The stock has recently come down to a relative low just below the fifty-cent mark, and has a gap on the chart (as you can see below) to .58.

As is usually the case when we bring this play into the conversation, this is more of a long-term watchlist item that we like to continuously monitor for opportunities over extended periods of time.

Hemp, Inc. HEMP

On the heels of its announcement of record-setting revenues, HEMP made a significant move after we featured it in yesterday’s morning report.

After opening up at .085, the stock rapidly shot up roughly 18% to a dime, before running into resistance. We’d like to see the stock hold support at or above the .075 range to keep things interesting.

Extended Watchlist:
HPJ, ONVO, IDRA, HALO, PLUG, WIIM

Blue Horseshoe Stocks: PBR Options, Cannabis Updates

Petroleo Brasiliero SA (Petrobras) PBR – Options

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We first began tracking the PBR options chain one week ago today (03/21), and at that time, the May 2nd $12 Calls that we pointed out were trading as low as .31. With the exception of a marginal pullback on Wednesday, PBR has been in a recovery uptrend since recently touching its all-time lows, and that has allowed us to see some excellent gain opportunities.

Yesterday brought more new highs as the $12 Calls closed at a new high of 1.10, a 255% gain from our initial alert low. Since there is plenty of time before their expiration, we will stay interested in these contracts, with the continued recovery of PBR’s share price.

For some intraday opportunities we may consider moving up our strike price, and checking out the $12.50, or even the $13 Weekly Calls. In the event of another breakout-type session, we could possibly go as high as the $13.50’s. It’s always about being pushed in the money when we’re looking at our potential strike prices.

Surna, Inc. SRNA

SRNA is a stock to recently wake up from the dead, and like so many other new interests we’ve found, has been gaining ground on the strength of its entry into the increasingly trendy marijuana space.

That alone would have been cause to keep an eye on this stock moving forward. Another reason  SRNA has garnered a spot on our watchlist, is that per this morning’s PR, it’s now headed up by Zynga co-founder Tom Bollich. It will be interesting to see what someone of his expertise can bring to the rapidly burgeoning cannabis market.

Today’s News:
BOULDER, CO–(Marketwired – Mar 28, 2014) – Surna Inc. (OTCQB: SRNA), a company focused on the acquisition of cannabis industry related intellectual property, disruptive technologies, assets and scalable operating companies, today announced it has closed a merger with Safari Resource Group, Inc.

In conjunction with the transaction, Tom Bollich, visionary technologist and co-founder of San Francisco-based gaming company Zynga, has joined Surna as chief executive officer and a member of the Board of Directors. Additionally, the Company has appointed two other senior executives, Doug McKinnon and Tae Darnell, to its Board. >> FULL PR


Tranzbyte Corp. ERBBAlthough it has been on our radar since 2012, we began talking about ERBB more heavily at the start of the “Green Rush”, which coincided with the beginning of trading in 2014.

At the time, we observed a low of .0026, and to say the stock has gone on to make massive gains is quite an understatement.  As of its recent high of .113, we were looking at an overall move of 4246% In a span of roughly three months, that is an unbelievable gain opportunity.

ERBB has been under consolidation since hitting that high, and is sniffing out a bottom, currently in the low .06-range, but we’ll want to keep an eye peeled after this morning’s PR, the company having set the launch date of its cannabis-vending solution, the ZaZZZ(TM) Machine.

Extended Watchlist:
BBRY, IDRA, MNKD, ICLD, BLIN, MERC

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