Blue Horseshoe Stocks: Earnings Beats & Bottom-Plays

Bottom-Bouncer Watchlist

Each of the following stocks qualifies as a bottom-bouncer, a couple of which are just coming off freshly-set annual lows. They’ll be reserved a place on our radar as the week comes to a close:

Organovo Holdings, Inc. ONVO – In recent weeks this stock has been under consolidation, and yesterday it found a new 52-week low of 3.99 before rebounding into the close in the low 4.40’s. This morning ONVO is gapping up into the 4.60’s. We’ll have our eyes on this stock, likely over the next few sessions as it attempts to recover off of its annual low.

Neuralstem, Inc. CUR – Following some ill-received news on its ALS drug currently under study yesterday, CUR absolutely fell off a cliff. It’s gapping up in the premarket, so we’re anxious to follow it today. Stocks that get blasted on knee-jerk reaction to news can often see a rapid recovery, so our interest is high in this case.

Endeavor Silver Corp. EXK – This stock is also coming off of a new 52-week low that it recorded on Wednesday. It managed to make higher highs and higher lows during yesterday’s session, and we’ll look for it to continue that trend moving forward.


Earnings Beat Watchlist – Options Ideas

The next pair of companies each had an earnings beat, and are both gapping up over 10% in premarket action this morning. What we’ll do is monitor for dip-and-rip scenarios, and take advantage of In-the-money Calls on the rebound:

El Pollo Loco Holdings, Inc.  LOCO – For this one, we want to radar Weekly $25-26.50 Calls for possible day-trading opportunities.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Here we’ll be observing the action in Weekly $154-155.50 Calls


Extended Watchlist:
FXCM, SPPI, NSPH, WLT, NETE

Blue Horseshoe Stocks: FCGD Update & More

First Columbia Gold Corp. FCGD

We wanted to take an opportunity this morning to update our subscribers on the recent activity of FCGD. In the weeks since we published our initial report on October 30th, the stock has provided us with a couple of quality swing trade opportunities.

The first came the week before last, as the stock traded in a range from .075-.095, a gain of 26% After pulling back to find support at .07 this past Tuesday, FCGD made another push, reaching as high as .11 on Friday. That added another 57% swing, and brought our cumulative total of possible gains on FCGD over the course of just a couple of weeks to 73%

The good news is, the chart is still looking as if it’s gearing up for the next run, as we pointed out below:

Also, don’t forget, First Columbia is involved in an expanding oil & gas project in Kentucky, and is actually pulling resources from the ground. Their current ten-well program was nearly halfway to completion as of the latest PR update from FCGD, so we’re going to be waiting intently for further information regarding the project.

Another good way to establish a clear picture of the company’s progress and operations would be to listen to the exclusive interview we conducted with FCGD CEO Jason Castenir via our sister site, Stock Traders Talk. >>> CEO INTERVIEW

More Info on FCGD @ FirstColombiaGold.com
or connect with FCGD on Facebook, Twitter and YouTube


Solar3D, Inc. SLTD

We also want to make mention of SLTD; the stock came down to a low of .18 on Friday and immediately began to recover ground, so this is one we’ll enter into the log as a possible bottom-bouncer.

Provided it can hold support at or above the current 50DMA at .19, we’ll have it on watch to possibly continue to rebound as we begin a new trading week.


Extended Watchlist:
FOLD, ABGB, CADC, NSPH, MSTX, NVEE

Blue Horseshoe Stocks: Great Way to Start the Week

Yesterday’s Winners

We’re happy to report that two of the mentions from yesterday’s premarket newsletter yielded prime-time opportunities for our members. 

Alpha Pro Tech Ltd. APT

APT made a nice move for the second straight session; we called this one on Friday, and saw a low of 5.72 at that time. Toward the end of the day, as it did on Friday, the stock began to ramp up and set a new high for us, touching 10.47. That marks a two-day overall gain of 83% so cheer to whomever has been following along with us on this one.

Nanosphere, Inc. NSPH

NSPH was our other wildly-successful pick from yesterday, and like the aforementioned play, it too saw the bulk of its daily gain come in the latter portion of the session. The stock rose from a morning low of .70, and pushed its way to a high of 1.27 in the late afternoon.

That was good for an intraday gain of up to 81%, so cheers go out to all those who took advantage!


Options Trading – PBR

We want to touch base with our most recent options trading idea, the PBR November $16 Calls. With PBR showing some movement to the upside yesterday we did observe some positive momentum in those contracts.

We originally caught them at a low of 2.26 and they were able to reach a high of 2.63 yesterday, a 16% increase. Albeit a modest move, there is still plenty of time before expiration, so we won’t let these slip off of radar just yet.


Versar, Inc. VSR

We want to quickly put VSR on our radars today. Last week the company announced a couple of lucrative contracts, and the stock made some pretty heavy swings during yesterday’s session. It had gapped up big in the morning, and came all the way back to the 2.70’s in the afternoon before catapulting back to the 3.60 just prior to the close of the session.

We’ll be interested to monitor a play with this kind of volatility as we head into mid-week. A sharp eye could help us to catch any further opportunities that might present themselves.


Extended Watchlist:
AEMD, CERS, CNET, INO, RFMD, MNGA,

Blue Horseshoe Stocks: Friday Recap, DRL & More

Reviewing Friday’s Top Picks

iBio, Inc. IBIO

The number one mover from our Friday morning report was undoubtedly IBIO. Our recent observation that increasing concerns over the presence of the Ebola virus on American soil would drive related stocks paid off in spades.

IBIO was among those to get a huge boost on unconfirmed reports that it would aid in government efforts to speed production of the ZMapp experimental Ebola treatment.

The stock would see a low of .89 near the beginning of the session, and ended up running extremely hard into the close, reaching a high of 1.57. That equals out to an intraday surge of 76% but our total possible gains didn’t stop there. The stock continues to roll this morning, having hit a high of 2.76 in the premarket and pushing the total amount of the increase we’ve seen on IBIO since Friday morning to an impressive 210%


Alpha Pro Tech Ltd. APT

Like IBIO, APT was also affected by Ebola fears on Friday, and traded in a less extreme but similar pattern. After seeing a morning low of 5.72, the stock pushed the envelope into the close, reaching a peak of 7.43 for a 30% intraday gain. It is also gapping up bigtime today, with a premarket high of 9.25, which marks a 62% move up from Friday morning’s low.


Doral Financial Corp. DRL

Some of our more seasoned subscribers will certainly remember our coverage of DRL this year. We were waiting to get word on the company’s tax suit against the Puerto Rican governement, and Friday following market close, it was announced that the court has ruled in favor of Doral, which will be due the disputed-over sum of $229M.

As a result of this untraded-upon news, the stock is gapping up like crazy today, to the tune of a 9.46 premarket high, up well over 100% above the low we observed following our initial alert on DRL this summer.

We’ll probably see some selling pressure from profit taking in a situation like this, so we’ll be on the lookout for a potential dip-and-rip scenario to kick off the week.


Extended Watchlist:
AHPI, HEB, NSPH, SMED, FOMX, OBCI,

Blue Horseshoe Stocks: NSPH, DLIA, POWR

Nanosphere, Inc.  NSPH

NSPH is the first of a few new plays that we pulled off of our scanner this morning. The stock made a big move on Monday after it was learned that Nanoshpere had landed a substantial contract. Yesterday the company received FDA clearance on one of its products (Verigene(R) Enteric Pathogens Test), but could not maintain a steady run as a result of an overall dip in the markets.

The stock is, however, gapping up again this morning. We may want to keep an eye peeled for this play, as it is still trading near a relative bottom at its current price range; the stock was trading at 2.50 and above as recently as March.


dELIA*s, Inc. DLIA

Next up, we have DLIA, which popped up on our scanner as something of a momentum play. The stock is coming off of a recent bottom, and has been exhibiting the signs of a bullish run. A quick review of the chart shows that DLIA has made higher lows and higher highs for the last three consecutive trading sessions, and continued to build up a head of steam yesterday, pushing through its 50DMA.

We’re seeing a sizable gap-up this morning as well, and as you can see the chart still looks extremely bullish. We have an RSI which looks like its just about to punch into the power zone, and a MACD which recently underwent a bullish cross. If DLIA can now manage to break through the 200DMA (.98), it appears to have a pretty clear path on up to the 1.25-1.35 range.


PowerSecure International, Inc. POWR

Last but not least we have POWR, which is another morning gapper. The stock fell off a cliff on worse-than-expected earnings back in early May. We are now seeing some of that gap being filled, and want to keep a close watch over this play for the remainder of the week at the very least.

The gap on the chart goes all the way up to more than $18, so a return to previous levels would spell gains of more than 100% Even if the stock can manage to get back above its 50DMA (Currently 12.49), it would yield profits in excess of 40% over present prices.

Today the company announced it had successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service as outlined in the PR below.

WAKE FOREST, N.C., June 25, 2014 /PRNewswire/ — PowerSecure International, Inc. (POWR) today announced that it has successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service.  The modifications include adjustments to pricing, work assignments, and expected improvements in the ongoing scope of work. >> FULL PR



Extended Watchlist:

AERI, AMPE, BGMD, SYN, FB, TWTR

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