Blue Horseshoe Stocks: GEVO Recap, Potential Bottom-Plays & More

Gevo, Inc. GEVO
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We tracked GEVO to some nice gains late this spring, and re-admitted the stock into the conversation in yesterday’s report. We were met with a respectable intraday increase as it traded up from a low of 2.37 to a daily high of 3.00. It registered as an opportunity of single session gains of up to 27% on volume of more than twice the 3-month average.

The stock is pulling back slightly in the premarket today, but we could see some further chances from this play into next week, provided it can continue to build a higher base of support in coming sessions. We’ll want to see the stock maintain above yesterday’s swing low of 2.37 to remain interested at the moment.

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Potential Bottom-Plays

PostRock Energy Corp. PSTR

We spotted some potential in PSTR after catching it on a routine scan recently, and thought it’d be a good time to mention it as it is coming up off of recent relative lows.

The stock ran into some resistance just a tick below its 50DMA of 2.76 yesterday, and that’s going to be the figure we watch for a break. A move past that point, and there doesn’t seem to be much standing in the way of this low-float play running up to the level of its current 200DMA, presently sitting at 4.01.
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Wizard World, Inc. WIZD

WIZD is a stock that has recently been beaten back to new 52-week lows, and as our regular readers are well aware, we’ve had an exceptional amount of success in the past with stocks in just this position. As you can see on the prepared chart below, WIZD is drastically oversold at the present time, and trading at just a fraction of its moving averages.

We’ll keep this stock on the radar heading into next week, and have our eyes open for a move up off of these newly attained lows. On a side note, the company just announced that the comic convention it is hosting the third week in September has secured an appearance by legendary boxer, Mike Tyson. >>VIEW PR 


Fresh Options Ideas

LinkedIn Corp. LNKD – Despite a hefty beat on earnings and raised guidance by the company, LNKD shared slipped more than 5% during yesterday’s session. The reactionary slide was primarily due to the perception of weakness in some of the areas of LinkedIn’s core business. Despite that fact, we want to offer up a longer-term options idea relating to the stock’s potential recovery over the next several weeks. We’re going to give specific attention to LNKD Sept. 11th $210-220 Calls.

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GoPro, Inc. GPRO & Expedia, Inc. EXPE – Both of these stocks are gapping up in the premarket this morning, so as a closing idea for the week we’ll be monitoring Weekly Calls in each of them for a possible dip-and-rip. Those ranges of highest interest to us are GPRO $63-64.50 Calls, and EXPE $115-117 Calls.

Options Trading Side Note:

Don’t forget about the success we’ve had this week with the Weekly Ford (F) $14.50-15 Calls, and Weekly MU $19.50-20.00 Calls. We’ll have our eyes peeled for the possibility of seeing some added spikes as the trading week comes to a close.


Extended Watchlist:
RGSE, CVEO, MXWL, HTCH

Blue Horseshoe Stocks: LNKD Options Update & More

LinkedIn Corp. LNKD – Options

A week ago today, we formulated some options ideas for LNKD including a range of longer-term contracts for our watchlist, specifically August $220.00-230.00 Calls. This morning we wanted to give an update on the trading ranges of those contracts and the opportunities they have afforded us thus far.

08/21 $220 Calls – Range: 9.80-14.30 – Max Gain: 46%
08/21 $225 Calls – Range: 8.02-11.30 – Max Gain: 41%
08/21 $230 Calls – Range: 5.10-9.35 – Max Gain: 83%

We want to keep in mind that we essentially have all summer to continue monitoring these contracts. The swings we’ve seen up to this point could just be the tip of the iceberg, so we won’t let LNKD slip off of our radars. The stock has been on a steady rebound from recent lows since the end of May. We’ll be looking for it to continue to building the chart with higher highs and higher lows; key resistance is presently sitting at the 50DMA of 226.39.


Medican Enterprises, Inc. MDCN

We also need to remind our readers of a recent bottom-watch call we made in the form of MDCN. This cannabis-related play has appeared in our reports several times; most recently on May 26th. At the time we mentioned that the stock was searching for support after a months-long downtrend, and that we felt the possibility of a rebound was forthcoming.

While it took several sessions to occur, MDCN finally found its legs yesterday with an 85% swing from .0013-.0024. It closed with strength, maintaining more than 50% of its daily gains on heavy volume, so we’ll definitely continue to observe the action here for the possibility of a multi-day run.


TapImmune, Inc. TPIV

Another stock that we tagged earlier this spring has been making serious moves. Just to update, we tagged TPIV on April 16th and at the time the stock was trading below .20. Since then, it has increased more than three-fold, now pushing its way up into the mid-.80’s.

This stock could produce ample bounce-play opportunities when it finally does consolidate off of this latest run-up, so we’ll put it on closer watch into next week.


Extended Watchlist:
CTIC, BLDP, CYTX, MNKD, CANF

Blue Horseshoe Stocks: SOPW News, PTN on Bottom Watch

Solar Power, Inc. SOPW

SOPW is the first of a couple of news plays that we’re going to be taking a look at this morning. The company has announced the initiation of a 6-month long share repurchase program wherein it will obtain up to $50M of its common stock from the open market.

Xiaofeng Peng, Chairman of SPI stated, “The implementation of our share repurchase program reflects the confidence that our Board and management have in SPI’s growth prospects and our commitment to enhance value for our shareholders while retaining adequate flexibility for future growth.” >>> READ FULL PR

In addition to the favorable PR that, in and of itself would be enough to gain our attention, SOPW has also been searching for a bottom over the past few weeks, and we’ll want to be hanging around when it finds one, as the subsequent rebound could be considerable.


Palatin Technologies, Inc. PTN

PTN has capitalized on the FDA’s recommendation for the first ever treatment for a disorder that affects the female sex drive. The company itself has a similar treatment that is currently enrolling women for Phase-3 trials.

As a result of this heightened attention, this morning, the stock is gapping up over 50% in the premarket. We’re going to tag it for observation, because the potential for a dip-and-rip in situations like these is ever-present.


LinkedIn Corp. LNKD –  Options

Our LNKD Weekly Options Calls that we brought into the mix on Wednesday continued to pay dividends for the second consecutive session yesterday. We wanted to give a quick update on the ranges and total gains that have been possible with those contracts over a two-day span:

$205′s – Range: 6.00-11.64 – Max Gain: 94%
$207.50′s – Range: 4.20-9.29 – Max Gain: 119%
$210′s – Range: 2.60-7.30 – Max Gain: 181%
$212.50′s – Range: 1.58-5.10 – Max Gain: 223%

We want to extend our congratulations to anyone who joined us in taking advantage of the trend in LNKD this week. It wasn’t the first time we’ve made successful options calls on this stock, and it probably won’t be the last.


Extended Watchlist:
ICLD, INO, JDST, OCLS

Blue Horseshoe Stocks: Reviewing COTE, DNRG & More

Coates International, Ltd. COTE

After tracking COTE over a monstrous 560% swing (.0025-.0165) on Tuesday, we cautioned readers that a dip-and-rip might be in the cards yesterday, and it’s a good thing that we did.

The follow-up move managed by COTE was smaller by comparison, but still very impressive in and of itself. The daily range on the stock was huge, as it surged from .0068 and once again ran into resistance at .0165. It marked an intraday move of 142% and came on more than six times the monthly average volume.

We’ll continue to reserve a place on our watchlist for COTE as we head into the end of the week; if its activity thus far is any indicator, we may yet see the development another opportunity for healthy daily gains.


Dominovas Energy Corp. DNRG

DNRG exploded off of our extended watchlist yesterday, where we included a tag of it and the interesting PR we found on a routine scan. It appeared others found it interesting as well, because the stock went on an absolute rip from .005 to .0125; a single session swing of 150%

It was fortunate that we were vigilant enough to catch this play for ourselves and our readers, which up until this week, had been trading by appointment only. After the considerable momentum in the stock yesterday, we’ll be tracking its activity for the remainder of the week.


Yesterday’s Successful Options Ideas

We tossed out some options-trading ideas in yesterday’s premarket report, and the profits were certainly there for the taking:

LinkedIn Corp. LNKD – We provided a wide range of LNKD contracts to monitor- Weekly $205.00-212.50’s:

$205’s – Range: 6.00-10.30 – Max Gain: 72%
$207.50’s – Range: 4.20-8.00 – Max Gain: 90%
$210’s – Range: 2.60-6.00 – Max Gain: 131%
$212.50’s – Range: 1.58-4.00 – Max Gain: 153%

The longer-term ideas we included for LNKD also bore fruit immediately:

08/21 $220’s – Range: 9.80-12.00 – Max Gain: 22%
08/21 $225’s – Range: 8.15-9.90 – Max Gain: 21%
08/21 $230’s – Range: 5.10-8.00 – Max Gain: 57%

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Petroleo Brasiliero SA (Petrobras) PBR –  We tagged the Weekly PBR $8.00-9.00 Calls for observation on PBR, and while the $8’s didn’t see much in the way of open interest, the $8.50’s ran from .38-.63 (+65%) and the $9’s made an even double bagger from .11-.22.


Extended Watchlist:
AVEO, GEVO, EKSO, DARA, NBY, NEON, AMPE

Blue Horseshoe Stocks: CDTI Recap & More

Clean Diesel Technologies, Inc. CDTI

Jumping off of yesterday’s extended watchlist was CDTI, which made an early run which could have been milked for noteworthy intraday gains. The stock surged out of the gate in a range from 2.27-3.38 within the first 20 minutes of trading; that was good for profits of up to 49% for the quick-witted trader.

The run came in conjunction with a PR containing positive trial results from the company’s “Spinel” clean emissions exhaust technology >>Read PR

We’ll continue to monitor CDTI’s progress as the week progresses, especially as it searches for support on the heels of yesterday’s early spike. There could be some bounce-action forthcoming.

There’s also more news hitting the wires today highlighting an underwritten public offering, the net proceeds of which will reportedly be in excess of $4.5M. >>Read PR


Coates International, Ltd. COTE

We made yet another early call in our Skype-based trader’s chatroom yesterday in the form of COTE. Just a few minutes into the session we tagged the stock, and from a low of .0025 it absolutely broke out to a daily high of .0165. That’s an epic mega-move of 560%

Those who missed out on the intial pop could have utilized several subsequent swings of serious stature; COTE logged moves from .0103-.014 (+36%), .007-.0105 (+50%), and .0078-.01 (+28%).

We’d call that a darn good reason to get involved with our chats, but it isn’t the only one we’ve given recently.

We were just reminding our readers the other day about joining in our daily chats after we called AURI in the room last Thursday, and that idea actually led to a multi-day, multi-bag run from that stock. We’ll be looking for similar activity from COTE, staying open to the possibility of a dip-and-rip scenario following a consolidation off of yesterday’s huge spike.

Once again, if you want to get in on our chats, all you need to do is send a Skype Contact Request to ‘stocksumo’. All of our readers are more than welcome to participate, and it will prevent you from missing out on prime chances like this one!


New Options Ideas

We thought we’d also provide a few new options ideas for the first time this week. We’ve got potential short and longer-term possibilities to suggest:

Petroleo Brasiliero SA (Petrobras) PBR –  This old favorite always seems to produce for us, and after sizing up the chart (snapshot below), we like the current landscape, provided it can continue to maintain support at or above the 50DMA of 8.44. In the short-term, we’re looking at the Weekly PBR $8.00-9.00 Calls. For a potential extended idea, we’ll be tagging the August $10.00-11.00 Calls for observation.

LinkedIn Corp. LNKD – LNKD is another repeat-appearance options play for us. Today we’re going to be keeping watch over the Weekly $205.00-212.50 Call range, and for our longer-term watchlist, the August $220.00-230.00 Calls.


Extended Watchlist:
MNOV, RXII, AGEN, PBMD, DNRG(>>Interesting PR)

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