Blue Horseshoe Stocks: DRL Update & More

Doral Financial Corp. DRL 

We tagged DRL on Wednesday via our Extended Watchlist as the stock was coming off of a bottom. The low we observed came in at 5.23, shortly before DRL surged up, cutting a path all the way to 7.10, an initial spike of 35%

That led into yesterday’s session where we’d see another sizable swing, as the stock came back to bounce off of support at 5.33, and subsequently ran back to 6.06 (+14%).

We’re interested in following this play over a longer term because of what they have going on behind the scenes. It was ruled by the Supreme Court of Puerto Rico that the evidential hearing in Doral’s case against the Puerto Rican government be expedited. It is alleged that Puerto Rico owes the lender a sum of $229 million. If repayment is ordered, it could add big numbers to the company’s balance sheet, so this is one play that we’re going to want to monitor closely going forward.

You can find out more about the case of Doral vs. Puerto Rico at www.doralpuertoricofacts.com


RF Micro Devices, Inc. RFMD

RFMD is another stock we’re paying attention to, as it has gained ground in large strides this week on the heels of shattered expectations with regard to the release of the company’s quarterly figures. They saw a quarterly revenue increase of more than 23% setting a new record of $316.3 Million. There were a number of other highlights as well which you can read in the PR- we’ll provide the link below.

As a result of the news, the stock is in the midst of a heavy surge, and is gapping up significantly in premarket trading today. In scenarios such as these where a stock runs unusually hard, we like to wait for the inevitable profit-taking to occur, driving the price back down where we can accumulate cheaper shares and sell them for quick-strike profits on the subsequent bounce. It’s a strategy that has served us well many times in the past.


Side Note:

This also turned out to be another great week with regard to our options trading ideas. Our FB and ISRG Options Calls provided us with multiple chances for gains, from multiple angles. Cheers to anyone who was also able to take advantage of some great calls. We wish you a pleasant weekend, and we’ll see everyone bright-and-early on Monday morning to do it all over again!


Extended Watchlist:
BCOV, AWRE (Big gap downs), KNDI (Watching for reversal)

Blue Horseshoe Stocks: NSCT Exclusive CEO Interview

Cloud Medical Doctor Software Corp. NSCT

We’ll start things off this morning by turning our attention back to NSCT; we brought it into the fold for the first time this week as a longer-term play. The chart appeared to have to some ripening to do, as it searched for a bottom and yesterday’s session appears to have brought one. The came down to bounce off of the .0522-mark, and subsequently closed at its high-of-day .0648, a 24% intraday move.

In addition to seeing some early success on the NSCT chart this week, we had the honor of conducting an exclusive interview with the company’s CEO, Mr. Michael DeLaGarza via our sister site, Stock Traders Talk. It covers quite a bit, so we suggest you visit the site, or click the following graphic to bring up the interview straight away: 

HENDERSON, Nev., July 24, 2014 (GLOBE NEWSWIRE) — via PRWEB – The interview will be held on July 24, 2014 at 9:00 am EDT, An archived recorded version can be found on the homepage of Stock Traders Talk at http://www.stocktraderstalk.com, following the interview.

This interview will discuss Cloud-MD’s Software, services and our CipherShop Division which provides commercial quality, advanced, digital security solutions that comply with governmental regulatory requirements, such as HIPAA and SOX and their CipherLoc product suite offers both an advanced Polymorphic Cipher Engine and a Polymorphic Hardware Engine.


Intuitive Surgical, Inc. ISRG

Our call of ISRG yesterday morning couldn’t have been much better, with the stock putting forth a heck of a performance in the ensuing session. It traded in a range from 438.55 – 463.39 on the day, and as a result, anyone who was entertaining options calls as we pointed out had the chance to make substantial gains.

The landmark session came on the heels of two morning PR’s that you may want to click through to, below:


Facebook, Inc. FB Options

Another great call of ours this week was the FB Calls that we brought to the table first thing Monday morning, stating: “We’ll be looking to capitalize on the volatility that comes with rising anticipation of earnings, due for release on Wednesday.”, and noting that we’ve used this scenario to our advantage in the past.

Wednesday came and went, earnings exceeded expectations, and our FB Calls offered up big gains just as we surmised. The stock traded in a daily range from 69.61 – 71.33, and this morning in premarket trading, has reached as high as 78.44.

To adjust our strategy on FB options, we’ll be monitoring the $75-77 Calls as we head into week’s end.


Extended Watchlist:
ARIA, ONCO, CLSN, AGEN, JDST

Blue Horseshoe Stocks: Options Trading Ideas

Intuitive Surgical, Inc. ISRG

When we first tagged ISRG back on May 6th, the stock was just making its way down to its 3-year low, which came a couple of sessions later at 346.46. From that point, we saw a powerful uptrend that carried the stock back up to 426.43 (Jun 27th). It allowed us to play the options chain quite effectively over the course of several weeks.

Following that major run, we’ve seen some consolidation, coming back to the $380-level just recently, and currently, the stock is pressing new highs in premarket trading, to the tune of $444.

We did mention a long-term interest in the Aug.-Oct. $420-440 Calls back in June, and that insight is now paying off bigtime.


Petroleo Brasiliero S.A. PBR -Options

When we looked in on PBR on Monday, we were patting ourselves on the back for some excellent picks of last week’s $16.50 and $17 Weekly Calls, mentioning that we’d stick with the same ideas to begin this week.

It has turned out to be another great call on our part; just look at the action in those weekly calls during yesterday’s session:

The 16.50’s ran from .25 to 1.07, a possible intraweek gain of up to 328% while the $17 Calls surged from .13 up to .75, a 477% move. This was just one of many, many times that we’ve used the PBR options chain to our extreme advantage this year.


New Options-Trading Ideas

As our regulars have undoubtedly noticed, a good portion of our focus these days goes to options trading. We’ve become quite adept at spotting trends and using them to our benefit, and we’ve got a couple of new potential plays to add to the mix this morning.

Alcoa, Inc. AA

Alcoa has been building one beast of a chart over the past few months, and there looks to be no end in sight. We may be able to use this strong uptrend to leverage ourselves some nice gains out of AA Options. Specifically, the 08/16 $17 Calls, which closed at .44 yesterday after having traded in a range from .25-.48 on the day.

Yum! Brands, Inc. YUM

YUM got beat up recently, falling off a cliff at the $83-area, and yesterday was the first session since that the stock has found some support, down around $74. Our options idea here is to potentially utilize the rebound for some quick-strike gains. We’ll be monitoring the 08/08 $75 Calls, which closed at .82 yesterday.


Extended Watchlist:
DRL, DARA, TLM, PLUG, FCEL, POWR, PBYI

Blue Horseshoe Stocks: Another Week Off to a Great Start

Intuitive Surgical, Inc. ISRG
After outlining some potential opportunities in the options chain, ISRG behaved as we hoped it might yesterday, and delivered in a big way.

The Weekly $385 Calls made a 22% move from 21.50-26.20. The Weekly $395’s fared even better, with a daily low of 11.60 giving way to a 17.02 close; good for up to 47% in profits.

There were even big-time chances on the longer term Calls we mentioned, for example, the October $420 Calls ranged from 17.36 all the way up to 24.60, a 42% rip.

We’ll continue to track the Call-side on ISRG as provided by a continued trend off of its recent relative bottom.


Solar Wind Energy tower, Inc. SWET

We tried to give our readers advance notice on SWET and the chart’s potential for a nice move up, first bringing it up on Friday, and focusing in again in yesterday morning’s report. We were happy to see things take a northerly turn to kick off the week, as the stock ran 18% intraday from .0193 and reaching .0227, a solid 23% increase from Friday’s low of .0185.

We still like the look of things with regard to the chart, and with oil & gas spiking it can provide a boost to solar plays like this one, as we’re now witnessing. We’ll keep SWET on our radar screens as the week progresses, and we wouldn’t be surprised to see further opportunities come down the pipe.


GW Pharmaceuticals, Inc GWPH

GWPH was a stock that we were tracking along with the large group of cannabis-related stocks earlier this year. On January 27th, we had it listed among several plays that we felt could provide continued opportunities, and over the past few months, it has become a real success-story for us.

Coming from the $50-range back in late January, the stock made an extremely nice move to the tune of roughly 65% up to the low $80’s.

After a period of consolidation in which it came all the way back down to find support at 41.86 (Apr 15th), and we’ve now seen it trend up once again, reaching 79.24 on Thursday, an added 89% increase. So the opportunities have certainly been present, and the stock is gapping up even higher in the pre-market on the heels of an apparently well-received PR released at 7am this morning.

We also want to radar the $80-85 Calls on the options side of things, to maximize our potential even further on this play.

LONDON, June 17, 2014 (GLOBE NEWSWIRE) — GW Pharmaceuticals plc (GWPH) (GWP.L) (“GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, today announced physician reports of efficacy and safety data on 27 children and young adults with treatment-resistant epilepsy who have been treated with GW’s investigational cannabidiol (CBD) product candidate, Epidiolex(R), for a period of 12 weeks. >> FULL PR


Extended Watchlist:
DDD ($52-53 Calls), FST, WAVX, AGRX, GIGA, PNBK

Blue Horseshoe Stocks: Another PBR Update & More

Petroleo Brasiliero S.A (Petrobras) PBR – Options

Petrobras continues to be one of our main conduits to making large gains. We were able to carve out another chunk of profits on Friday as the stock hit a new high for us, traversing its way up the chart to peak at 15.92. Considering we picked up on this play in the low $11-range shortly following its 10-year lows back in March, we’d call its performance since then nothing short of amazing.

Of course, our real bread and butter here has been the options chain. Last week was yet another victory for anyone playing the Call side, with every contract we were watching making some nice strides.

In particular, the 07/19 $15 Calls that we’ve been tracking for weeks now have done beautifully, hitting a new high on Friday at 1.25. From the 25-cent low we observed in the week prior, that marks a walloping 400% move!

As we’ve stated before, we will continue to stick with monitoring PBR for as long as it continues to serve us up ripe opportunities for profit.

BARCHART.COM is presently issuing PBR a 96% Overall “Buy Rating”



Intuitive Surgical, Inc. ISRG

ISRG comes back to us this morning as a play that we inserted into our running watchlist back at the beginning of May. On the 6th, we mentioned that the stock could provide us with “potential gains over the next several weeks,” and while it took awhile for things to get moving, that statement still stands.

One of our points of focus was on the ISRG chart were a pair of gap-downs that had transpired in recent weeks, and we’ll still be looking for a break of that first gap to get things started. Presently we’re looking at the Weekly $385-395 Calls for intraday flip opportunities, but if it appears we’re moving to fill the gap, we may need to roll our strike price up.

Provided ISRG does fill in the gap on the chart from roughly $400-415, over the longer-term we could find ourselves looking at The Aug.-Oct. $420-440 Calls.


Solar Wind Energy tower, Inc. SWET

We put SWET on our radar on Friday, and will continue to monitor the stock over the course of the week. The chart is exhibiting signs of ripening, and looks to still be right on the verge of potentially making a nice move, so we want to keep a sharp eye on the activity here as we kick off a new trading week.

The company released some news this morning about a cash infusion they’ve received, and we’re also going to look out for potential updates concerning SWET’s presenting at the NIBA (National Investment Banking Association) conference tomorrow (Tue. 17th).


Extended Watchlist:
FIO, DARA, ACHN, AKS, SQNM, LLNW, SA, ANV

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