MCP Archives - Page 2 of 3 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: VLTC, PZOO Updates & More

Pazoo, Inc. PZOO

A week ago today, we revisited PZOO in our morning report and were instantly rewarded for our good timing with a run from .0052 to .0071, a 37% intraday move. We let our readers know that we’d be monitoring the stock more closely moving forward, and this week it has once again begun an upswing.

After consolidating off of that initial pop, it ultimately found support at .0049 on Monday before turning northward once again and rebounding to .0068 (+39%).

It continued to set higher highs and higher lows during yesterday’s session as it traded in a range from .006-.008 (+33%), and finally cracked above its 50-day moving average, which was something we were looking to have happen.

To get an in-depth view of the current PZOO chart, click or tap on the graphic below:

Visit PZOO @ www.pazoo.com
The new site dedicated to its marijuana testing arm is located @ cannabisking.pazoo.com

Voltari Corp. VLTC

It was also last Wednesday that we alerted VLTC via our extended watchlist, and it didn’t take very long for this play to make a huge move.

VLTC touched a low of 2.18 on Thursday at the end of the short week, followed by a run to as high as 4.73 on Monday. That registered as a 117% session-over-session rip, and came on nearly seven times the 30-day average trading volume. A tip of the cap to anyone who took advantage of that rapid, hefty upswing!

Extended Watchlist:
TRBD, MCP, VRNG, INO, PSTR, DRYS

Blue Horseshoe Stocks: CYBR, MCP, MEIP & More

CyberArk Software, Ltd. CYBR

Our first experiences with CYBR were good ones, when we successfully called a couple of potentially lucrative options trades around the middle of last month. It was in our report from February 13ththat we targeted CYBR $50 and $55 Calls, and that day we saw moves in those contracts of 72% and 165% respectively.

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We flagged CYBR once again yesterday, which had previously been under several weeks of consolidation, yet was gapping up in the premarket. The stock did well in reversing its path, trading in a range from 50.79-55.03, and holding the majority of those gains into the close.

Our current options idea is going to be the 04/17 $50 Calls (Closed at 6.60 yesterday). Should CYBR reach its way back to the $60-level anytime in the next few weeks, the gains we see in those contracts will be quite substantial.

Molycorp, Inc. MCP

MCP appeared in yesterday’s extended watchlist and demonstrated a reversal of its own. We’re going to place MCP on more intensive watch as the week progresses, as it has the markings of a potential bottom play.

We’ve illustrated some of the key characteristics of the chart below, which appears to be gearing up for what could be a big swing. The stock ran well over a dollar at the beginning of last month, so the potential for rapid gains has certainly been demonstrated.

MEI Pharma, Inc. MEIP

We’ve also got an eye on MEIP after the stock was crushed down to a 52-week low yesterday, following the company’s announcement of the failure of its cancer drug in middle-stage testing.

A single-session depreciation on the order of 70% is the hallmark of one heck of a knee-jerk reaction, and the stock appears to be gapping up slightly this morning, so we’ll be on the lookout for a recovery in MEIP shares in coming days.

Extended Watchlist:
IMGN, ATOS ISR, HEB, GEVO, NEPT

Blue Horseshoe Stocks: Options Recap, Cyber-Security Watchlist & More

Recapping Friday’s Options Ideas

Nike, Inc. NKE – On Friday morning, NKE was in the midst of gapping up on the heels of its earnings call, and we came up with daytrading ideas for the $100-104 Weekly Calls. There turned out to be great opportunity in that range as NKE surged to a daily high of 103.79:

$100 Calls – Range:1.38-3.75 – Max Gain: 172%
$101 Calls – Range: .70-2.80 – Max Gain: 300%
$102 Calls – Range: .18-1.75 – Max Gain: 872%
$103 Calls – Range: .10-.85 – Max Gain: 750%

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Prothena Corp plc PRTA was the other options target we were monitoring on Friday for swing trades. Specifically, we were looking at the $40 and $45 Calls, and both sets of contracts made big initial moves, followed by pullbacks and additional swings later in the session.

The $35 Calls first shot out of the gate trading at a low of 5.32 and running as high as 9.50 for an initial pop of 78%, before tapering back to 2.40 then recovering to 3.92, for an added 63% move.

The $40’s would open with a 116% spike from 3.00-6.50, followed by a later swing from 2.45-2.90, an extra 18% swing.

Cyber-Security Watchlist

We want to re-radar a couple of cyber security firms that we’ve mentioned in the past, as they have both been on a bit of a downtrend, yet appear to be gapping up this morning.

CyberArk Software Ltd. CYBR & FireEye, Inc. FEYE are going to go back on our active watchlist as we kick off a new trading week. Once we’re able to confirm reversals for each of these plays, we can then begin to formulate options strategies accordingly. Stay tuned to our reports this week, and we’ll be sure to have some ideas to pass along.

Extended Watchlist:
IMGN, FRSH, MCP, CAPN, PAL, CANF, AMBS(On Bottom-Watch)

Blue Horseshoe Stocks: PBR Options Update & More

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

We called for a potential dip-and-rip play on PBR Calls yesterday, after following the contracts to gains exceeding 200% on Monday-Tuesday’s spike to .64. We did see the dip back down to the .30-range, and the subsequent rip came too, as the $16 Weeklies we’ve tracked from a low of .20 hit the 300% mark at .80 yesterday.

If you recall Tuesday’s report, we said: “Should PBR approach the 16.35-level, we would then have to consider moving up our strike price.” PBR did indeed test and break that price target (HOD 16.76) during yesterday’s session, and as a result the $16.50 Calls went on a romp from a low of .18 to .46, an impressive single session move of 155%

We hope our meticulous and spot-on forecasting of the PBR Options chain this week has at the very least, illustrated why we like to cover options just as well as stocks. As you can plainly see, the chances for quick gains are plentiful under the right conditions, as evidenced by the exponential profits offered to us by this play, time and time again.

Even as the talking heads saw fit to downgrade PBR earlier this year, we’ve stuck with it as it was coming off of ten-year lows back in March at 11.25, and brought continuous coverage as the stock has bulled its way up to more than $17. This will definitely go down as one of the brightest spots in 2014, a year that has thus far been extremely good to us.

Med-Cannabis Pharma, Inc. MCPI

We mentioned that MCPI might see some momentum carryover from Tuesday’s session in yesterday morning’s report, and that’s just what we saw. The stock would make an intraday move of 25% from .4375-.5475.

.Monday’s initial alert on MCPI gave folks a chance to grab MCPI as low as .355, from which yesterday’s high marked an increase of 54%

It’s also given us a chance to get our feet wet within the slowly-forming Washington State-based cannabis industry. We’ll have our eyes peeled for others that are sure to pop up as the state makes its transition away from prohibition.

Added Note:

World Wrestling Entertainment, Inc. WWE

Just to throw in a new options trading idea as we approach the end of the week, we’re going to be monitoring the WWE 09/20 $15 Calls, which closed at .50 yesterday.

Extended Watchlist:
HZNP, LIME, MCP, SAAS, SSYS, DDD

PROW, NQ, PLUG, Cannabis Stocks & Extended Watchlist

Cannabis Sector Stays Hot

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It was really hard not to make a profit off of the marijuana stocks featured in Tuesday’s final report of 2013. Nearly every single one closed in the green on significant-to-heavy volume, with some of the more notable gains coming from CBIS (+28%), HEMP (+29%), and FITX (+38%). This surge of investor interest in the sector as a whole comes in step with the first stores selling legal pot for recreational use yesterday in Colorado.

It will be important to keep an eye on the developments out of Colorado and Washington, where legalization has already been voted into law, as they will be acting as a litmus test for the rest of the nation. We know that many state legislatures have already begin to entertain the idea of following in the footsteps of the “green revolution” currently taking place out West. We’ll be certain to stay hot on the trail of this story as it unfolds, because this is an industry that is positioned for a boom; and in truth we have been way ahead of the pack in anticipation of this occurrence. Passing into 2014, our coverage of the sector has spanned three calendar years.

Plug Power, Inc. PLUG

We’re closing in a full year of coverage on PLUG, with our first ever mention coming last February, and it turned out to be one of our more successful plays from 2013. Our scanners picked up on this stock as it was coming off of its 52-wk low at .1155. Over the course of the spring and into summer, PLUG continued to push ever upward, running past .50 in September and reaching highs in the .70’s in September.

If it had stopped there, we still would have called that quadruple-bagger one of the year’s best alerts, but indeed, the stock has been pressing its way to new, impressive highs. The peak of which was reached in early December when we witnessed trades at 2.2399. For anyone without a calculator on hand, that’s an unbelievable move of 1839%

NQ Mobile, Inc. NQ

NQ first appeared in our reports back on October 29th, and on that day, we saw a low of 8.42. The stock had recently taken a huge spill from the $24-range and we were keen to take advantage of the rebound. It has taken less than three months for that plan to come to fruition, and we are extremely pleased with the results so far. As of the high reached on Tuesday, 16.21, NQ has made an overall move for us on the order of 93%

Progress Watch Corp. PROW

On Tuesday we mentioned that while we had already followed PROW from lows at .0065 to its then-current price of .013, that we were looking for a break of the .013 -mark to put PROW in Blue Sky Breakout mode. We did indeed witness that break once the session ensued, and PROW spiked as high as .0194, giving us the chance at close to 200% in gains so far.

It made a strong close as well, holding roughly 90% of its gains, and ending the session at .019 on more than twice the 3mo. average volume, so continuing activity on PROW could get rather interesting.

Extended Watchlist:
MCP, WPCS, BLDP, ARIA, MDNT(Reader’s pick, coming off recent 52-week lows, thanks John!)