NXPI Archives - Page 4 of 4 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: AMPG Update & More

OPTIONS RECAPAfter recapping the excellent success we had with Friday’s options ideas in yesterday’s morning report, we formulated an idea for the SPY to correspond to Friday’s extremely bullish close of the markets.

We had designated the SPY 04/29 $292.50-293.50 Calls to watch for yesterday, and we are happy to report that gains on this one-day idea were certainly available for anyone who caught our alert, and those were as follows:

$292.50 Calls – Range: 1.16-1.91 – Max Gain: 65%
$293 Calls – Range: .57-1.45 – Max Gain: 154%
$293.50 Calls – Range: .35-.95 – Max Gain: 171%
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FRESH OPTIONS IDEAS:
STX Weekly $46.50-47.50 Calls
GE Weekly $10 Calls

AmpliTech Group, Inc. AMPGWe also wanted to track back to AMPG, which we profiled at the beginning of last month (>>View Report). The company recently added an independent director, with a wealth of related experience, and we feel the company has made an excellent choice.
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On April 25, 2019, Wayne Homschek was appointed as a director of Amplitech Group, Inc Mr. Homschek is independent using the definition of independence under NASDAQ Listing Rule 5605(a)(2) and the standards established by the SEC. Therefore, the Company intends to appoint Mr. Homschek as chairman of the audit committee, compensation committee and nominating committee on the formation thereof.

Wayne Homschek has been a Managing Director at Bentley Associates L.P. (“Bentley”), a New York based boutique investment bank specializing in mergers and acquisitions and private financings, since 2015. Mr Homschek currently sits on the Board of AR Orthopedic Holdings, LLC, a private-equity backed life sciences company. Prior to joining Bentley, Mr Homschek founded and grew a multinational hospitality company (from 2003 to 2014), growing the company to over $50mm in sales during his tenure. Mr Homschek began his career in investment banking at the Prudential Investment Corporation in 1987 in New York, was transferred to Sydney, Australia in 1989, and moved to Salomon Smith Barney/Citigroup in 1998, where he ran the firm’s Australasian telecom, media and technology franchise until 2002. (>>View Full 8-K)

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Stay tuned for further coverage on AMPG, which is now trading significantly higher than where it was when we first came across it, and continuing to gear up for a fruitful 2019.

Extended Watchlist:
VERB, HEB, HSGX, YUMC, PINS, ZYNE, VRNS, NXPI

Blue Horseshoe Stocks: SYMC Bottom-Play & More

Turtle Beach Corp. HEAR

We were very pleased with HEAR on Friday, mentioning the incredible 400% move the stock had made since our initial alert on April 9th, from a low of 2.76 to 13.88.

As it happened, the stock wasn’t done impressing us yet. HEAR made an excellent run on Friday from a daily low of 10.60 to its new high of 18.62. That’s an intraday move of 76%, and an enormous 575% increase over our observed low from last month.

Symantec, Inc. SYMC

We are always on the lookout for potential bottom plays, and Symantec is going to go on our watchlist as such a candidate as we kick off a new trading week.

A sweeping round of analyst downgrades from Piper Jaffray and others, effected a massive selloff in SYMC, and we’re already seeing a start to a rebound this morning with the stock gapping up roughly 5% in the premarket.

We’re going to keep an eye on SYMC Weekly $19.50-21.50 Calls as well, in the event that the stock continues to rebound.

Extended Watchlist:
HUYA, MYO, ISR, NPTN, SEGI, NXPI, REGI, LITE, HTBX

Blue Horseshoe Stocks: SPY Recap & More

SPDR S&P 500 ETF (SPY) – Recap

Our primary focus in Friday morning’s premarket report was the SPY, for which we had signaled and tracked a range of calls the previous day. Our initial targets were the SPY Weekly $270-272 Calls. and Friday we expanded that range to include the SPY Weekly $272.50-274 Calls.

After another bullish session for the SPY on Friday, we’ve got updates to the highs and overall possible gains on our original contracts, as well as the maximum intraday profits that could have been seized with our rolled up strike prices. All in all, we ended up with two incredible sets of one and two-day runners without a single dud in the bunch!

$270 Calls – Range: .85-5.32 – Max Gain: 526%
$270.50 Calls – Range: .70-4.69 – Max Gain: 570%
$271 Calls – Range: .52-4.33 – Max Gain: 733%
$271.50 Calls – Range: .39-3.80 – Max Gain: 874%
$272 Calls – Range: .30-3.31 – Max Gain: 1003%

$272.50 Calls – Range: .60-2.84 – Max Gain: 373%
$273 Calls – Range: .55-2.36 – Max Gain: 329%
$273.50 Calls – Range: .43-1.89 – Max Gain: 339%
$274 Calls – Range: .17-1.42 – Max Gain: 735%

DropCar Inc. DCAR

Catching our eye as a potential bottom-bounceplay this morning is DCAR, which, prior to today, has already begun to come up off of recently registered lows on Friday. As you can see on the included chart, our favorite indicators are clearly pointing up, with a MACD cross underway and a rapidly strengthening RSI.

This morning, a new catalyst has entered into the mix, with the company reporting a new agreement with Jaguar/Land Rover Manhattan. The dealership will use DropCar’s Enterprise Vehicle Assistance & Logistics technology platform to automate the pickup and delivery of customer vehicles for service and maintenance.

Despite gapping up moderately in the premarket, is still a fair bit of unrealized upside potential, so we’ll add DCAR to our radars and keep a close watch over it in coming sessions.

Extended Watchlist:
RAD, DPW, NAK, HZM, HD, BPMX, NBL, PGTI, NXPI, CVRS(FDA Approval)