Tag: NEON

Blue Horseshoe Stocks: RT Recap, Fresh Ideas & More

Ruby Tuesday, Inc. RT – Update

It was in our premarket report the Friday before last that we perfectly called the bottom on Ruby Tuesday, as the stock registered a new 52-week low of 2.08 that day. It spent last week pushing its way ever upward, reaching a high of 3.20 on Friday, which works out to an increase of 54%

The extended term options idea that we formulated, the RT 11/18 $2.50 Calls, have also broken out as a result. From the low of .05 on the morning of our first alert, to Friday’s new high of .60 represented an astonishing one week swing of 1100%

We’ll want to continue to keep ourselves abreast of the situation here as we kick off another trading week. We want to see RT continue to register higher support levels each day, and with plenty of time left until the expiration of those contracts, a sustained rally for the stock would mean more gains on the options side of things as well.

Hasbro, Inc. HAS – Options Idea

We’re seeing another potential options trading opportunity unfolding with Hasbro this morning on the heels of its premarket earnings beat. In this case, the stock has also recently come down to 6-month lows, and is approaching heavily oversold territory.  As our regular readers are aware, we’re always on the lookout for plays of this nature. Our targets of interest will be the HAS Weekly $79-81 Calls, unless the stock breaks 81, in which case we’d roll our strike price up to match the activity.

Sipp Industries, Inc. SIPC

We want to tag SIPC for observation this morning after running across a new PR in which the company disclosed that it has retired 395 Million shares (>>View PR).

Additionally, the stock has been in the process of consolidating off of a recent run to nearly a penny, so we’re going to be on the lookout for a potential dip-and-rip scenario.

Extended Watchlist:
CTRV, NEON, ENZ, OMER, UBQU,
STOY(Bottom-Watch)

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: Final Report of 2014

Good Morning Traders! Here it is- the final report of 2014! We had an amazing year, with huge gainers popping out of the woodwork left, right, and center! We want to take this opportunity to thank all of our readers for being a part of our community, wish you all a Happy New Year while reminding everyone that the best is yet to come… Each year our resolution remains the same: To make the upcoming year our best one ever! We’ve succeeded time and time again, and have no reason to believe that 2015 will be any different so be sure to stay with us! Cheers!

NeuroDerm Ltd. NDRM
NDRM exceeded all expectations yesterday after we caught it on an early morning news scan; it spent the entire day in full-on breakout mode setting records in both price and volume, trading almost 27X the norm over the six week period since the stock’s IPO.

Positive response to yesterday’s early morning press statement hurtled NDRM from an early low of 8.16 all the way up to 19.07 just prior to the close, making gains of up to 134% possible.

We’ll still be standing at the ready for an eventual course correction and chance for a dip-and-rip maneuver, but any way you slice it, NDRM is getting marked down as a huge winner. It’s a great way to close out what has, on the whole, been an absolutely stellar year.

NeuroDerm Announces Topline Results of Phase IIa Pharmacokinetic Study of ND0612H and ND0612L, Continuous, Subcutaneously Delivered Levodopa/Carbidopa for the Treatment of Parkinson’s Disease (Tue 7:00AM EST)

Precious Metals on Watch: Gold, Silver

GDX and SLV have each been maintaining higher highs and higher lows since reaching a bottom in November. As we head into the New Year, we’re going to devote a good amount of focus to gold and silver, and tracking these indices and their options chains is going to be a good way to do that.

In particular, we’re going to be monitoring a few specific sets of contracts for each play:

  SLV – March $15-15.50 Calls

GDX – March $17.50-$18 Calls

As you can see from the side-by-side chart we drew up below, GDX and SLV are looking similarly ripe. We’ve got SLV breaking the 50-Line on the RSI, and GDX following closely behind in that regard, we’re seeing testing of the 50DMA’s on both charts, and each of the MACD’s are giving the indication of bullish crosses.

Side Note:
We’re also going to radar HMCP, a sub-penny momentum play that has had an interesting past few sessions.

Extended Watchlist:
NRX, RDHL, MIG, CYTK, NEON, BCLI, CVEO