KWBT Archives - Page 3 of 3 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Fresh Options Ideas & More

New Options Ideas

It is a relatively seldom occurrence that we will signal Puts when speculating over potential options plays, but we have our eyes on a couple of stocks that are exhibiting the proper conditions to do so this morning. What figures to be another slow day for stocks with regard to overall market conditions, could also help us along to some intraday opportunities on the bearish side of things.

Macy’s, Inc. M – Despite exceeding expectations for profits, Macy’s returned disappointing sales figures for Q3 this morning and as a result, is gapping down considerably in the premarket. Over the past few sessions, the stock has behaved in a similar manner, with an early gap-down leading to further losses, so in the event that the pattern repeats itself we’re going to be tracking the M Weekly $47-43 Puts for swing-trade possibilities.

Macy’s reports lower sales, trims profit forecast (Wed 8:37AM EST)

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Horizon Pharma plc HZNP – HZNP is taking a major hit in the premarket on some negative press that began circulating late last night. It represents a considerable hit to the company, and with such news being thus far untraded-upon, we’re going to be taking a look at HZNP Weekly $20-17 Puts.

Express Scripts cuts off pharmacy that sold Horizon Pharma drugs (Wed 8:02AM EST)

Extended Watchlist:
ADMD, BTHE, KWBT, TDEY, XBIO,

HEMP, MJNA, GRNH & Extended Watchlist

It seems every time we mention our medical marijuana plays, they go on to fare extremely well. HEMP and MJNA landed us us on the Penny Stock Rumble yesterday after each stock had a heck of a day. In fact several of our cannabis stocks continued to run on Monday. It would seem they are all up significantly, so we’d surely urge caution for those just showing up to the party. Perhaps waiting on consolidation and some potentially lower buy-in prices would be most prudent in this instance. That said, take a look at what Monday’s coverage brought to us:

Hemp, Inc. HEMP

HEMP closed at its high of day offering an intraday move of 72% from .047-.081. That represents a gain of 265% from last months low of .0222.

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Medical Marijuana, Inc. MJNA

MJNA gave people a chance at 53% intraday gains on Monday, if you were able to get in at the open of .34 and out at the high of day of .50. The stock has provided us with the chance at 604% in total gains since we have first began covering it.

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GreenGro Technologies, Inc. GRNH

Yesterday, GRNH day’s range was between .0629 and .122 closing out the day at .12, offering up a 94% move intraday.

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PHOT, MWIP and ERBB also deserved an honorable mention following Monday’s session, each giving us a chance for profits between 15-30% Here is a link to an article that states pretty much what we’ve been shouting from the rooftops for the past several months: Marijuana stocks are here to stay, and have begun to increase in popularity at a rate never before observed… and it’s only going to get better.

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Scout Exploration, Inc. SCXN

Moving along from cannabis stocks, we’d like to once again mention SCXN. We first mentioned this play back on December 17th, and it has been inching its way up. We wanted to re-enter the stock into our morning discussions on the heels of this morning’s PR. It would seem the company completed its acquisition of the IDS Oil Spill System that we’ve mentioned in previous reports from it’s developers.

ST. JOHN’S, NEWFOUNDLAND, Feb 05, 2013 (MARKETWIRE via COMTEX) — Scout Exploration Inc. (OTCBB: SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Faster and more effective oil spill response represents a challenge and opportunity for the oil exploration, production and transportation industries.

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On the chart, we can see accumulation has begun to pick back up, and the RSI looks ready to pass up through the 50DMA. The PPO is crossing over, and the Slow STO crossed over its own 50MA into the power zone. Our previous high of .39, you can see, is acting as our major resistance hurdle, the breaching of which would send us into blue sky breakout mode.

Extended Watchlist:
KWBT, COIN, ACLP, TELK, OPXA, DCTH, BCOM

KWBT, SNTL, & Extended Watchlist

Kiwa Bio-Tech Products Group Corp. KWBT

KWBT proved to be good for a quick flip right out of the starting gate following yesterday’s alert. Trading as low as .0025 in the first ten minutes, the stock pressed as high as .038 by 11:30, marking a gain of as much as 52% in just the first two hours of the session. It went on to make a couple of other bounces throughout the day, one from .0024-.0031 (29%), and another from .0021 to .0026 (24%).

In total, on the day of our first mention of KWBT, there was a chance to compound profits in excess of 105%. Not too bad at all for our first day of coverage, granted the fact that many of our picks can take days or even weeks to offer up chances for gains of that magnitude.

What we have above on the chart, is a descending wedge pattern, which can foreshadow a big run, provided the stock breaks through key resistance at the 20DMA of .0028 and the 50DMA of .0031.

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Syncronys International, Inc. SNTL

SNTL is looking like it is building toward a strong start to 2013, with a Golden Cross of the 20DMA over the 200DMA in progress on the chart, and the stock continually making higher lows and higher highs as it stair-steps its way up. We’ve also observed a drastic volume increase this week, as new investors accumulate at higher levels.

Apart from the ripening chart below, take notice of the press release from Tuesday, as the company announces its expansion with a new subsidiary that will be focused on the sales and distribution of its renewable energy generation equipment.

Syncronys International, Inc. announces formation of a wholly owned subsidiary Lectric, Inc. a Nevada corporation.
MANDEVILLE, La., Dec. 18, 2012 /PRNewswire via COMTEX/ — Syncronys International (PINKSHEETS: SNTL)

The Company is pleased to provide shareholders with a yearend update as well as outline certain goals for 2013.

“2012 has been a great year for Syncronys and our shareholders as we have successfully made the transition from a private to a public company,” said CEO Rex Gay. “In a move to further our development of renewable energy generating equipment, I am pleased to announce the formation of a wholly owned subsidiary, Lectric Power.”

Lectric Power will be focused on sales, distribution and installation of a wide range of green energy products and applications. These will include Micro Utility, Micro Grid, and Smart Grid both domestically and internationally. Additionally Lectric Power will sell and distribute power generation equipment for use in commercial, home and agricultural applications and solutions.

http://www.syncronysinternational.com/

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Extended Watchlist:
AZFL, OGNG, DSCR, DYNT, AMPL, ROMA, RAD

KWBT, OGNG, NOK & Extended Watchlist

Kiwa Bio-Tech Products Group Corp. KWBT

This morning we’d like to talk about Kiwa Bio-Tech in the wake of a press release that hit the wires yesterday, causing quite a stir among traders. The stock has only recently awoken from a slumber at the end of November, and the company has since provided two updates that include yesterday’s news announcing that the share structure would remain unchanged per a vote at the annual shareholders meeting.

BEIJING and CLAREMONT, Calif., Dec 18, 2012 (GLOBE NEWSWIRE via COMTEX) — Kiwa Bio-Tech Products Group Corporation (OTCBB:KWBT) held its annual meeting Friday in Beijing. Over 67.1% of the total number of shares outstanding were represented in person or by proxy at the Annual Meeting.

Mr. Wei Li, Mr. Xucheng Hu, Mr. Lianjun Luo and Prof. Qi Wang, as the four individuals receiving the greatest number of votes, were elected to the Board of Directors. Each of them was elected as a director to serve for the term expiring on the date of the Company’s 2013 annual meeting and until his or her respective successor is duly elected and qualified.

Paritz & Company, P.A. was appointed to act as the Company’s independent auditors for the fiscal year ending December 31, 2012.

The proposal to increase the number of authorized shares to 800,000,000 from 400,000,000 failed to receive a majority of votes in favor and therefore was not approved.

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Bravo Enterprises Ltd. OGNG

Recently OGNG woke up and ran from the .01-.02 range all the way up to .115, and has since been inching up, maintaining higher highs and higher lows. Earlier this year, OGNG ran as high as 1.30, from .03, and later made a rip from .04-.25. Looking at those runs allows us to identify previous resistance points, and based on occurrences of high volume of the past, we see that it is capable of making big swings. A break of the resistance at .25 could really catapult OGNG into another huge run, so we have this stock on watch.

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Nokia Corp. NOK

We have included NOK on our extended watchlists through much of 2012, starting in July, at which time it was trading under two dollars (1.91). On Monday the stock broke the 4.00-mark, hitting a high of 4.27 yesterday. 1.91 to 4.27 marks a total possible gain of 124%

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Extended Watchlist:
AZFL, BOSC, SVEN, SCXN, SNTL, SWHC, F