Tag: ISR

Blue Horseshoe Stocks: ISR, Bottom Plays & More

IsoRay, Inc. ISR

We first began tracking ISR back in early October as a potential bottom play, and just a few sessions subsequent to our first mention, we would witness a low of 1.22 (10/16).

It took just a couple of weeks for us to ride ISR to a 66% gain as it ran to a high of 2.03 at the end of October. It consolidated down from that level, and for the past month or so the stock has been trading channel between 1.50-1.70.

ISR is catching our attention once again this morning, as we picked up on a new update over the press wire regarding the company’s Cesium-131 low-dose radiation therapy for brain cancer sufferers (Learn More About Cesium-131).

The Barrow Neurological Institute conducted studies with 27 patients with several variations of brain cancer, and the company is reporting that there was no recurrence of the disease on the treated sites in 26 out of the 27 candidates, where other treatments had failed. >> Read PR

We’re going to be interested to see how the stock picks up trading following the holiday week, especially with such an encouraging piece of news out in the premarket. So far, the ISR has gone as high as 2.08 in preliminary trading this morning. We could be looking at a dip-and-scenario once the session commences; to remain interested we’ll want to see support hold at a minimum of 1.89 as that would mark a 50% retrace from the current premarket range.

Potential Bottom Plays

AEterna Zentaris, Inc. AEZS absolutely fell off a cliff back in early November, following FDA denial of a New Drug Application AEZS had submitted. The stock has spent the intervening time bottoming out, and it is now trading at all-time lows. This is exactly the sort of situation that sends us into “vulture-mode”, where we’re on the lookout for any signs of recovery after a stock has been hammered down.

Frontline, Ltd. FRO is a stock that is in the process of coming off of a recent bottom, and is showing signs of life here in today’s premarket, currently trading in the mid-1.30’s.

Extended Watchlist:
JNUG, GRPN, AG, ONNN

Blue Horseshoe Stocks: NVAX, NQ & More

Novavax, Inc. NVAX 

NVAX is the latest Ebola-related stock to catch our eye, and while the initial fear that was driving a lot of these plays has calmed as people realize that the virus doesn’t exactly spread like wildfire, there is much being made of efforts to find a working vaccine and NVAX is attempting to answer that call.

The company announced today that it had presented at the 8th Vaccine and ISV Conference in Philadelphia on Sunday on what was called the first Ebola Vaccine Candidate based on the 2014 Guinea strain that caused the current outbreak in West Africa.

The company said it expects to begin Phase I testing by December, so we’re going to add NVAX to our watchlists for the time being. Additionally, the stock is gapping up to the tune of 10% here in the premarket, and the chart appears to have the possibility of a Golden Cross in the making.

NQ Mobile, Inc. NQ

This is a play we’ve tracked continuously since late this spring. After witnessing a nice move back in July from the low $4-range to the mid-$7’s, the stock had been under general consolidation until it found and bounced off of support about 6 weeks ago. It has made a nice steady recovery from that point on, and is gaining more traction this morning as it gaps up in the premarket on the heels of a PR.

The mobile security has just company submitted the necessary back-filings to once again become fully compliant, and no anomalies or adverse findings were uncovered, which adds another dimension to this play.

We also like the space NQ operates in- with mobile devices permeating every aspect of the current culture, the need for mobile security services such as those provided by NQ only stands to grow in the future.

Side Note:
PTIE, DRRX (Two that are gapping down significantly; we will want to watch for an eventual bounce)

Extended Watchlist:
ISR, AEZS, TSEM, CEMI,

Blue Horseshoe Stocks: Options Review, MKHD Recap

Reviewing Friday’s Options Calls

First thing today, we’d like to rehash a portion of Friday’s report that we didn’t get a chance to discuss yesterday. Our regular followers will recall the added note we included regarding a few options trading ideas we were considering. As a result of favorable jobs numbers released that morning, we pointed out our interest in trading Calls in SPY, AA, ISRG, & GPRO.

Regardless of which selection one used to take advantage of the trend, it was met with potentially lucrative results. The dip-and-rip pattern we were on the lookout for showed itself across the board. For example, one of the biggest standouts out of the bunch were the SPY $195 weekly calls had traded as low as .52, and made it to roughly 2.00.

Moving forward, we’ve got another set of options to monitor. One of our favorite options trading cash-cows this year has been PBR, and yesterday the stock had a big bounce following last week’s selloff. As a result we’re going to radar November $16 Calls, and see if we can once again use PBR to our advantage as we have countless times already this year.

Mount Knowledge Holdings, Inc. MKHD

After a significant performance following our first mention of MKHD (Range: .042-.085 +102%) the stock has done a good job of maintaining higher levels of support, and we just wanted to re-state why we are so keen to follow this light volume trader.

The thing that mainly drew us to MKHD last week was the PR the company released regarding its acquisition of cyber-security firm Civergy, Inc; an outfit which generated revenues in excess of $35M last year. Further details of the deal were released in an 8-K on Wednesday, and we’re anxious to see what kind of lasting effect the merger will have on MKHD.

Extended Watchlist:
GTAT, GSAT, BCLI, ISR (Bottom Play)

Blue Horseshoe Stocks: VIDG, PBR Calls & More

Vid3G, Inc. VIDG

We’re bringing VIDG up as an item of interest this morning as a stock that is coming off of its 52-week lows, and our subscribers are well aware, we’ve seen plays like these produce exponential gains on the rebound many times in the past.

Yesterday’s session saw a rapid swing up from that annual low (.01), and VIDG managed to break through its 50DMA at .015, as well as maintain that level into the close. Another session of higher highs and higher lows would go a long way toward confirming this uptrend. We’d like to see that previous area of resistance hold as support moving ahead, and based on a number of indicators on the chart, the chance for a bounce to .02 or better is certainly present; VIDG has produced spikes of that magnitude several times this year.

We illustrate this and other points on the chart in the following video, so take a look:

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

On Friday, we mentioned our interest in the PBR $16 Calls for this week, and included a reminder in yesterday morning’s report as well. We’ve become quite adept at playing the PBR options chain over the last several months, and these alerts simply confirm that.

The action on the $16 Weekly Calls indeed proved to be significant as the trading week commenced, with yesterday’s session seeing an intraday move from .20-.38, good for gains of up to 90% A great way to kick things off for these contracts which are now in the money, and we’ll be sticking with the $16’s as the week presses on.

Should PBR approach the 16.35-level, we would then have to consider moving up our strike price.

IsoRay, Inc. ISR

We also want to throw ISR into the mix this morning, as the stock is gapping up off of a relative bottom on some exciting news this morning, so we wanted to enter this into the log as an interesting play that we’re going to want to keep an eye on.

RICHLAND, WA, Aug 05, 2014 (Marketwired via COMTEX) — IsoRay Inc. (NYSE MKT: ISR), a medical technology company and innovator in seed brachytherapy and medical radioisotope applications, today announced the publication of the first major peer reviewed study showing superior results using IsoRay’s Cesium-131 seeds in the treatment of metastatic brain cancer. >>>FULL PR

Extended Watchlist:
ODP, ESI, GRPN, MNI, KORS

Blue Horseshoe Stocks: APP, Social Media Updates & More

American Apparel, Inc. APP

As tends to happen each year, we’ve honed back in on APP at an opportune time. After seeing a low of .51 as recently as June 24th, this past Thursday saw this stock push past the dollar-mark. After another solid session on Friday wherein the stock reached as high as a 1.20, it appears as if APP wants to gap up once again this morning, touching 1.27 in pre-market trading. At that price, we’ve seen an overall move of 149% from this play in just three weeks.

There’s a chance that we could see a slight consolidation to fill the gap on the chart left on Friday (1.05-1.08) in which case we’d need to see APP hold support at or above the 1.05-mark. The chart still appears ripe, however, so it will interesting to see how this play kicks off a new trading week.

Twitter, Inc. TWTR
& Facebook, Inc. FB

Social media giants TWTR and FB began to heat up last week, as anticipation of upcoming earning releases has ramped up, and both stocks seem to be gapping up in early trading this morning. We’ve done very well for ourselves trading options contracts on each of these plays, and will be looking for more of the same as these current uptrends play out.

As far as TWTR is concerned, the next key resistance is sitting at 42.50, and our current scope of interest in Call options rests in the $39-$41 range. Should TWTR gain further ground as trading opens up for the week, those contracts could see an appreciable rise in value in just a short time. (Earnings Release Date: 07/29)

FB’s key area of resistance is around 68.50, and we’re interested in Calls at the $67-69 level. FB earnings will come sooner that TWTR’s by almost a week, with the announcement just 9 days away, so we’ll really want to keep a close eye on the action here. (Earnings Release Date: 07/23)

Solar Wind Energy Tower, Inc. SWET

SWET first appeared in our reports on June 13th, at which time we designated it a stock that was due for a pop, and that’s exactly what we got out of it. The stock rushed upward from our observed low of .0185 to hit .032 (+73%) a week ago. After a slight consolidation and finding of support at .0226, the stock has begun to inch up toward the .03-mark once again. To get there, we’ll need to see a break of resistance at Friday’s swing high of .0291.

This morning’s news could be of help, with the announcement of up to $100M in additional funding hitting press wires:

Solar Wind Energy Tower, Inc. Agrees to Accept up to $100 Million Additional Financing from Arizona Alternative Energy Center, LLC for San Luis, Arizona Tower

Extended Watchlist:
IMII, KNDI, PGNX, EXEL, JDST, WPCS, CREG, PSTI, ISR

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