Blue Horseshoe Stocks: NEWC News Alert & More


New Columbia Resources, Inc NEWC

We’re circling back around to NEWC this morning on the heels of an untraded upon press release that just hit the wires. It pertains to the expansion of the cannabis side of the NEWC business, which will look to expand its hemp growing operations to zones that were previously out of the question prior to the recent ceasefire which has essentially ended 5 decades of internal hostilities in the South American nation.

BARRANQUILLA, COLOMBIA–(Marketwired – Jul 27, 2016) – New Colombia Resources, Inc. ( OTC PINK : NEWC ), a Colombian company listed in the U.S., is pleased to announce that Sannabis SAS, their Medical Marijuana joint venture, will work with CORPROPAZ to develop hemp fields in 5 different areas of Colombia for a pilot program to create new hemp industries in post conflict zones. (>> FULL PR)

We’ve also prepared a video highlighting the various aspects of the NEWC Chart, whiich we suggest you check out now!

Additionally, if you missed our initial in-depth report on NEWC, or the exclusive video interview we conducted with company president John Campo, we urge you to check those out as well.

NEWC Report

NEWC Executive Interview



More Updates:

Sophiris Bio, Inc. SPHS

We’ve been tracking SPHS all week so far, and have been met with a good opportunity for some quick profits. Subsequent to our mention in Monday’s report, we’d witness a low of 4.92 in the stock, followed by a 22% run to 5.98. Then yesterday, it held support at 5.88 as it came down slightly before jumping up to a new high of 8.55, which also happens to be the stock’s new 52-week high.

It marked an intraday run of 45% and a two-day upswing of 74% over our observed low from Monday.

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Weyland Tech, Inc. WEYL

We tagged this play on Friday (Low of 2.10), and then again in yesterday’s newsletter, and the performance we’ve seen thus far has been respectable.

Yesterday WEYL traded up from a daily low of 2.17 to a high of 2.80, representing a daily run of 29%, and an overall increase of 33% from Friday’s low.
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Exact Sciences Corp. EXAS

We also had EXAS in yesterday’s report, and the stock made a modest move of 20% from a low of 14.57-17.47. Not the magnitude of gains that we typically hope for, but considering the price range, a 20% intraday pop is nothing to sneeze at.



Texas Instruments, Inc. TXN – Options Update

We signaled a range of calls in the TXN options chain yesterday morning to correspond with the company’s earnings beat, and the chances it churned out were very nice. We highlighted the TXN Weekly $70-72 Calls and every set contained within provided a shot to make gains of 500% or more! It also yielded our third and fourth options ideas of the past week that have yielded gains of over 1000%

The potential single-session profits were as follows:

$70 Calls – Range: .10-1.96 – Max Gain: 1860%
$70.50 Calls – Range: .32-2.00 – Max Gain: 525%
$71 Calls – Range: .15-1.30 – Max Gain: 767%
$71.50 Calls – Range: .11-1.00 – Max Gain: 810%
$72 Calls – Range: .06-.70 – Max Gain: 1067%

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Fresh Options Idea: AAPL Weekly $102-105 Calls



Extended Watchlist:
TPIY, KBLB, BTCS, SQNM, BIND, BIOD, WOOF

Blue Horseshoe Stocks: Updates, Fresh Plays & More

Kraig Biocraft Laboratories, Inc. KBLB

We alerted KBLB in Wednesday morning’s premarket report, and on that day, we would observe a PPS low of .0261. Yesterday, the stock hit a high of .0395, for a respectable two-session upswing of 51%

Following that solid run-up, we saw the stock close at .0375, maintaining a vast majority of its advance. We’ll continue to keep a steady eye on KBLB, and look for it to maintain support above the .03-mark in order to keep us interested.


Potential Bottom-Plays

Rennova Health, Inc. RNVA – We have an interesting story unfolding with RNVA, and a potential rebound opportunity as well. After briefly cracking its 50DMA on Wednesday, the stock took a major gut punch yesterday as it gapped down immensely.

It seems a bit of an overreaction after reading the PR that apparently catalyzed the selloff. The company announced yesterday that it had priced a public offering with the intent of raising upwards of $8.6M in capital, expected to close by Tuesday. They set the purchase price at .45, which is why a massive slide to less than .30 seemed disproportionate.

We’ll be interested to see the activity in this now majorly-oversold stock in sessions to come.


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Ampio Pharmaceuticals, Inc. AMPE
– Speaking of stocks that have recently gapped down hard and found new lows, we have AMPE hitting our bottom-play radar.

Similar to the aforementioned play, the selloff occurred as a result of what some might construe as over-reactive. The company released data from a clinical study at the end of last month on its osteoarthritis injection treatment that was poorly-received.  However, while the primary endpoints of the double-blind study were not met, the treatment was markedly effective in improving the patients with the most extreme cases of the condition.

So the study was not a total loss, and the company made clear its intent to submit an FDA application for the treatment for those severely afflicted patients that were helped, and for whom no other non-surgical alternative exists.

That’s why we’ll be keeping an eye on AMPE to continue to regain some of its lost ground, as it has done over the past few sessions.


Extended Watchlist:
MAXD, MFST, PPHM, FES, SPU, KURA, COSI(Bottom watch)

Blue Horseshoe Stocks: Potential Bottom-Bounce Plays & More

Options Updates

Yesterday we brought a couple of fresh options ideas to the table, and in both cases, traders could have fared quite well in terms of single-session gains.

Sage Therapeutics, Inc. SAGE – Weekly $40 and $45 Calls

$40 Calls– Range: 5.40-7.80 – Max Gain: 44%
$45 Calls – Range: 1.81-4.96 – Max Gain: 174%

Shire plc SHPG – Weekly $187.50-195 Calls

$190 Calls – Range: 3.90-5.90 – Max Gain: 51%
$192.50 Calls – Range:  1.40-3.79 – Max Gain: 171%
$195 Calls – Range: 1.30-2.01 – Max Gain: 55%

Cheers go out to any of our readers who were able to take advantage of these solid intraday moves!


Potential Bottom-Bounce Plays

This morning we’ve taken notice of a couple of stocks that are trading near recent relative lows, which have also begun to show some life this week. 

The Female Health Co. FHCO – We like the look of the chart on this one, which is coming off a multiple bottom and just managed to crack through and hold support above its 50DMA. The next area of resistance appears to be the channel between its recent swing high at 1.45 and the 200DMA of 1.57.

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Nate’s Food Co. Inc. NHMD – This stock has appeared on our watchlist in the past, and today, we’re circling back around to it purely from the look of the chart. Several indicators are pointing toward the chance of some sizable upswings in sessions to come, so we’ll want to monitor the situation closely.

We’re going to want to see it get back above and hold the 200DMA at .0089 as support going forward.


Extended Watchlist:
NM, KBLB, AVSR, SBGL, NETE, BGI