Tag: NADL

Blue Horseshoe Stocks: Cannabis Stocks Blazing & More


United Cannabis Corp. CNAB

CNAB was one of a pair of cannabis plays that we mentioned we’d be tracking toward the end of last week that ended up kicking this week’s trading off with great sessions. When we brought CNAB up in our premarket report on Thursday,

We followed up on Friday after the stock had made a 43% run from .28-.40, and asserted that we’d be on the lookout for CNAB as well as other plays in the pot sector to see increased activity in the weeks ahead. November is fast approaching, with several key cannabis initiatives coming up for a vote, including a recreational bill in California.

CNAB got off to a great start to the week today, by running from a low of .39 to a new high of .63. That worked out to an intraday move of 62%, and a total gain of  125% over our observed low from last week.

Our overall interest in the space has been ongoing from the fall of 2014, just prior to the first “Green Rush”, a historic period which saw countless stocks in the sector make exponential gains. With activity for many of these stocks picking up once again, we’ll be certain to watch plays like GRNH, ERBB, PHOT, TRTC, PZOO, and BLOZF more closely.

OWC Pharmaceutical Research Corp. OWCP

The other cannabis related stock that we’ve been hot on the trail of since Thursday is OWCP, and the stock has been pushing the envelope ever since.

Yesterday we were just mentioning the excellent gains it had already made from .0045 to .0111, and that we were anxious to see it continue its momentum, and it followed up with another great performance. From its daily low of .0109 OWCP went on to hit a new high of .0193, representing a daily rip of 77%, and a three-session overall increase of 329% over Thursday’s .0045 low.

Congratulations to any of our readers who caught a piece of the excellent action on OWCP. With the progress it’s already made, we’ll definitely be reserving a continued slot on our radar screens for this stock in sessions ahead.

Nova Lifestyle, Inc. NVFY

We also want to take a minute to point out a good catch we had in NVFY yesterday, which traded monster volume to the tune of roughly 20X the monthly average, and recorded a solid intraday push.

The stock traded in a range from 3.81-5.15, for a gain of 35% and held a good deal of that advance into the close at 5.08. We’ll continue to track this play and look for it to record another session of higher highs and higher lows, as it has done for the past six days straight.

Extended Watchlist:
MCOA, SGBY, CLDX, NADL, CNAT, OLLI, VKTX, LE

Blue Horseshoe Stocks: Reviewing Yesterday’s Winners

SITO Mobile Ltd.  SITO
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We kicked off yesterday morning’s report by mentioning SITO, which cropped up on our scanner with some big news, and it turned out to be an excellent call. The stock touched a morning low of .1489 briefly, before running up as high as .197 around lunchtime. That accounted for an intraday jump of 32%

SITO ended the session with strength as well, maintaining the majority of its daily gains into the close at .187, and did so on roughly 4X the average monthly volume.

Remember, we caught this play on the heels of its recently established 52-week low, so our timing couldn’t have been much better. Any way you slice it we can chalk our initial play on the stock up as a win, but opportunities may yet remain. SITO was trading as high as .40 as recently as October, and regaining even a fraction of that level would spell significant gains from here, so it will certainly be on our radar moving forward.

Netflix, Inc. NFLX – Options Ideas

Some of the other top opportunities from yesterday’s report were the options ideas we offered up, all of which presented the chance at intraday gains as we suggested they might.

Starting with the NFLX $395 and $410 Calls; these contracts saw some intraday fluctuations which made significant gains a possibility.

The $395’s dipped to an initial low of 12.44 before running to 17.55 (+41%), followed by another pullback to the 13.65 level before rallying back as high as 20.05 (+47%), and in the last hour made one more dip-and-rip from 13.20 to 15.50 (+17%). That means those contracts registered an impressive 105% in cumulative gains on the day.

The $410’s bounced around just as dramatically with their own series of big swings; 5.20-9.05 (+74%),  5.40-7.70 (+42%) , 4.60-8.55 (+88%), and 3.80- 5.30 (+39%), collectively accounting for more than 240% in upward movement.

We also cited GPRO for possible chances in options calls, and there were indeed opportunities there as well. $48 and $49 Calls both made moves approaching the 200% mark, as the following snapshot shows. GPRO is gapping up today above $51 in the premarket, so we’ll look to see a possible extension of the gains we’ve already witnessed.

Side Note on American Leisure Holdings, Inc. AMLH:

We also want to make a note of AMLH. We caught it on our scanner after publishing our report Tuesday morning, however we did include it on the Stock Tracker on our blog on that day, and through to yesterday.

After gapping up on huge volume Tuesday, we observed a dip to the .17-.18 range. Since then it has made some nice gains, and closed with strength yesterday. It’s a little late to chase it now but we wanted to make mention of it to illustrate a point we always try to drive home to our readers.  Whether you consume our reports via email, through a third-party website, etc. It’s always a good idea to visit our blog at BlueHorsehoestocks.com frequently and check for updates to the tracker, which may or may not differ from those in our daily reports! New content is published to the blog each morning prior to the market open.

Extended Watchlist:
FXCM, SDRL, NERV, NADL, CLRX