Tag: JDST

Blue Horseshoe Stocks: Kicking Off the Short Week

Good Morning Traders! We hope everyone enjoyed the long weekend; we’re all set to start the short week off strong. We’ve got several different things to talk about this morning, so without further ado, lets take a look: 

Dig-It Underground, Inc. DIGX

DIGX is a new item of interest that we’re going to start things off with today; the stock began to move on Thursday and Friday, and will be among the top plays that we’ll be monitoring for a potential breakout this week.

Per a recent PR, DIGX management has the intent to pursue opportunities in the cannabis sector, which we know as well as anyone, can mean big things on the chart if the company follows through so we’ll definitely be paying attention to that aspect of the story.

In the meantime, the company is supported by the revenues of its existing salon business, and we really like the potential of the chart as well:

We go over the DIGX Chart, as well as some of our other items of discussion this morning in the following video:

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

PBR hit yet another new high on Friday, this time pushing to 19.74. That spelled good things for the options contracts we’ve been tracking.

The January 17th $19 Calls, which we’ve seen as low as 1.23 as recently as Friday the 22nd, hit 2.48. That’s a one-week increase of 101% so congrats to anyone who was along for the ride.

Digital Ally, Inc. DGLY

DGLY pushed to new highs on Friday; the stock made a 15% intraday move to 19.86 which represents a sizable move up from recent lows.

We began to talk about this play on August 21st, at which time it was trading at 5.75, meaning we’ve already seen an overall increase of 245%

LabStyle Innovations Corp. DRIO

We brought up DRIO as a topic of discussion a week ago today, and we were pleased at the move we saw that day as the stock bounced from a low of .065 and ran as high as .08, a 23% spike.

The stock spent the next session under consolidation, and found support Thursday at .066, just one tick above our observed low. The bounce we saw from that point on would take DRIO to a new high, reaching its apex on Friday at a price of .093. That swing exceeded the initial run, and was good for gains of up to 40%

RadioShack Corp. RSH

We were seeing new highs attained all over the place on Friday, and RSH was no exception. The stock pressed to as much as 1.77 on more than six times the average volume.  That was just shy of the next key resistance point on the RSH chart, the 200DMA of 1.79.

Considering the fact that we caught this off of its 52-week low of .55 just a couple of weeks ago, we’d say we’ve fared pretty well with RSH. As of Friday’s new high, we were looking at an overall increase of 222%

Drone Aviation Holding Corp. DRNE

On Friday morning, we mentioned that we’d “have our eyes peeled for any chances that might present themselves with a potential rebound” in DRNE, and it was a good thing that we did.

The stock proceeded to trade from a morning low of .84, hit a high of 1.04 and closed just a penny below at 1.03. That was a healthy 24% move on nearly six times the 1-month average volume.

Side Notes:

Kandi Technologies, Inc. KNDI, a stock we’ve been familiar with in the past, got hit pretty hard during Friday’s session, presumably due to an adverse reaction to an announced secondary stock offering. We’re going to be monitoring the situation there, waiting for the dust to settle. It’s possible that it could lead us to some opportunities on a subsequent rebound.

Speaking of plays we’ll be monitoring on the heels of some recent consolidation, we’ve got China Finance Online, Ltd. JRJC. We tracked this play for gains of nearly 30% the week before last, and it had been pulling back off of that spike through last week, so we’ll be watching to see where this one finds support as well.

Extended Watchlist:
PAWS, CPWR, HGSH, ASTI, JDST, ADMP, EXEL(Large gap down radar for a eventual bounce)

Blue Horseshoe Stocks: Revisiting CETV & More

Central European Media Enterprises, Inc. CETV
–
CETV is a stock we’ve looked in upon a few times over the past year or so, first catching it all the way back in May of 2013. We like to keep a continuous eye on all of our past winners in the event that they might bring future opportunities, and that’s why we’re going to revisit CETV this morning.

The stock is coming off of recent lows, and is showing some signs of life on the heels of improved earnings released today, presently gapping up past the 50DMA, up 10% in the pre-market, and trading in the high 2.70’s. We’re going to want to watch closely as the stock reacts to some favorable numbers:

HAMILTON, BERMUDA, July 30, 2014 – Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange – CETV) today announced financial results for the three and six months ended June 30, 2014 .
Net revenues for the second quarter ended June 30, 2014 were US$ 204.9 million compared to US$ 175.6 million for the same period in 2013 . OIBDA (as defined below) for the second quarter ended June 30, 2014 was US$ 41.6 million compared to US$ 8.0 million in 2013 . Operating income for the three months ended June 30, 2014 was US$ 22.6 million compared to an operating loss of US$ (4.6) million in 2013 . Net loss for the three months ended June 30, 2014 was US$ (52.5) million compared to US$ (41.1) million in 2013 . Fully diluted loss per share attributable to CME for the three months ended June 30, 2014 was US$ (0.36) compared to US$ (0.34) in 2013. – Click for 6 Month Revenues and rest of PR >>>

In Ovations Holdings, Inc. INOH

INOH popped up on our scanners this morning as a sub-penny play with bottom-bounce potential. The stock is coming off of a recent sub-.001 bottom, and began to rebound during yesterday’s session.

INOH had a rapid spike to more than .008 back in June, so we know the potential for a move is there, and will keep a close watch over INOH in coming sessions.

Side Notes:

PGT, Inc. PGTI

Speaking of bottom bouncers, we just wanted to make a quick mention of yesterday’s extended watchlist play, PGTI. The stock gapped up and reversed course, trading in a daily range from 8.76 – 9.77, an intraday move of 11.5%. We’ll be looking in on PGTI today to see if it can maintain course.

NQ Mobile, Inc. NQ

NQ has made repeat appearances in our reports, most recently July 21st, and since that time, has been trending off of its own bottom. Even after several sessions of positive trading, we want to pay special attention to NQ following word of a possible buyout:

NQ Announces Receipt of Non-Binding Proposal to Acquire All Outstanding Shares of NQ (Wed 8:38AM EDT)

Extended Watchlist:
JDST, TXMD, GSVC, INAP, GEVO, S

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: PSID, KNDI, PBR & Extended Watchlist

PositiveID Corp. PSID

The first thing we’d like to do this morning is go over how well PSID performed yesterday following our pre-market alert. Our timing proved to be spot-on in calling the bottom on this play, and after putting it on high alert in our report, we were rewarded with a couple of chances to gain over the course of the session.

The stock ran hard out of the starting gate, with trading opening up at .043 and rapidly reaching the day’s high at .064, a spike of 48% That was followed by a pullback to .049 where we got another upswing, this time to .058, a modest yet respectable intraday move of 18%

Those two significant swings combined for cumulative total gains of 66% on the day, and the stock managed to close at .057, holding on to much of the day’s forward progress. This all occurred on roughly 6x PSID’s 3-month average volume.

Congrats to anyone who was able to make PSID work for them, and be sure to stay tuned, as a performance like that could lead to a strong finish to the week.

Kandi Technologies Group, Inc. KNDI

This is a stock that we’ve been tracking for over a year now, as a quick look at KNDI’s archive on our blog will reveal. Our most recent tag of this stock came via Monday morning’s extended watchlist, and over the course of the week, it has yielded quite a nice move; We saw a low of 15.76 on Monday, and by yesterday’s session we observed a high of 20.96, an intraweek gain of 33%

Those who may have picked up on this play following our next most recent alert of this play (June 12th ) could have caught a low of 12.30. Yesterday’s high marked a 70% move up from that level.

Petroleo Brasiliero S.A. (Petrobras) PBR

Our regulars are aware of how tenaciously we’ve covered PBR this year. On March 21st we added it to our watchlist as it was coming off of 10-year lows. Our observed low that day was 11.25, and the stock never looked back. We’ve traded primarily in the options chain of PBR and have made percentage gains in the thousands over the course of several months, but even the overall action on the stock itself has been impressive.

Yesterday’s session set a new high of 16.43 and in premarket trading today that has been pushed to more than $17, from the low we saw this spring, that’s an overall move of over 50% on the chart.

However, the swing action on this play over the past few months has been terrific, as we’ve pointed out on the following chart. As you can see, after our initial alert, there have been no less than three major swings. The current positioning breaks PBR out of the channel we illustrate below, signaling potential for further moves to the upside.

As far as the options chain is concerned, we’ll be looking for a pullback from profit taking on this major spike, and after that, we’re interested in the potential of the $16.50 and $17.00 Weekly Calls for an intraday flip opportunity today.

Extended Watchlist:
ICLD, JDST, OMEX, ACRX, EVI

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

Get Our FREE Daily Reports!

SUBSCRIBE