Blue Horseshoe Stocks: AAPL & ORFG Updates, Extended Watchlist

AAPL Options

At the risk of starting to sound like a broken record, anyone who was into the AAPL Calls that we were monitoring last week would have had a smile on their faces on Friday.

AAPL pushed its way up to highs over $644, which sent all the contracts that we were looking at into a frenzy; there were so many big gains, we won’t bore you with all of the individual figures, let’s just say that saavy traders could have managed to come away with gains on the order of several hundred percent.

Adding that performance to all of the progress in prior sessions, and AAPL easily qualifies as our biggest potential money-maker over the past few weeks.

Apple’s annual Worldwide Developers Conference begins today, and remember, there’s also a forward split coming, so there’s every chance that we have yet to see what AAPL, and more specifically, AAPL options, can really do for us.

Timeline of the Upcoming Split:

The Record Date – June 2, 2014 – determines which shareholders are entitled to receive additional shares due to the split.

The Split Date – June 6, 2014 – shareholders are due split shares after the close of business on this date.

The Ex Date – June 9, 2014 – the date determined by NASDAQ when Apple common shares will trade at the new split-adjusted price.


Orofino Gold Corp. ORFG

Our other interest from Friday also made some progress; ORFG registered higher lows and higher highs for the third consecutive day. We picked up on this play Thursday, and would observe a low of .0175 at that time. On Friday the stock pushed as high .0255, which marked a nice 46% move over the span of just two sessions.

The chart is still looking pretty ripe, as we’ve pointed out below. If ORFG can break through the channel of resistance in the .026 to .03, we could be looking at even bigger gains, so we’ll be staying tuned.


Extended Watchlist:
ARIA, HCT, IMUC, NEWL, NQ, INO, DARA(Still on Bottom Watch)

Blue Horseshoe Stocks: AAPL, ORFG Updates & Extended Watchlist

Update on AAPL Options

We’ve been tracking AAPL pretty intensively over the past couple of weeks, beginning on the 14th of this month. What has followed has been a very impressive uptrend, as we’ve witnessed a move in the stock from a low of $588 to this morning’s pre-market high of $639; that’s a 50-point move in just a couple of weeks.

Between the Beats rumor, the fact that AAPL has a forward split coming, and the approach of a new iPhone which will reportedly boast a larger screen, it seems there is a lot of speculation in the air, and we’ve done well in using it to our advantage.

Last week, we were afforded the chance at percentage increases in the hundreds and thousands from Calls in the $605-610 range, and with the continued uptrend exhibited by AAPL this week, the opportunities were still ripe for the picking in some of the pricier contracts. For example, the $627.50 Calls ran from a low of 1.97 on Wednesday, to a high 9.80 during yesterday’s session, an overnight gain of up to 397%, and appear to be gapping up even further this morning.

In the event of a sustained uptrend in AAPL, we’ll be monitoring the $635-640 Calls, making sure to keep our strike price relatively close to the money.


Orofino Gold Corp. ORFG

ORFG turned out to be a good call for us as the main feature of yesterday’s report, as the stock came down to a low of .0175 in the morning, before showing us a high .0249 shortly before the close. That equates to a solid 42% intraday gain for this bottom play.

We observed higher highs and higher lows in ORFG, and it managed to maintain well over half of those gains into the close (.0229), so we’ll continue to keep an eye on this play moving forward.

The company signed a couple of LOI’s this month, so we’ll be interested to see how those pan out as well:


Extended Watchlist:
FLST, PLX, OPTT, ARRY, NEWL, DARA(Gapping down, potential bounce?)

Blue Horseshoe: Even More New Cannabis Stocks

Before we get started this morning, we’d like to welcome our newest readers. If you’re just joining us, you’ve missed an awful lot, as the gains we’ve seen in 2014 have already wowed us beyond belief, but not to worry- We intend to keep this freight train moving full speed ahead! We’ll continue to work hard at bringing you advance warning on chances for rapid-strike profits, from sub-pennies to big boards, options trading and more! Without further ado, let’s jump into a brand new week of action.


United Treatment Centers, Inc. UTRM

We hope that everyone has UTRM on their radar this morning. It is a play with impressive momentum that we caught off of our scanner on Friday.

After opening at .0045, UTRM shot up to .0082 (+82%). It dipped back to .0067 in the afternoon, before making another push to a new high of .0088 (+31%), bringing cumulative intraday gains to 113% The overall move from the low to the high was 96%

UTRM traded over a billion shares last week, and appears to be gapping up past Friday’s resistance at .0089. so we wouldn’t be surprised to see that momentum carry over into this week. We are placing UTRM on high alert for that reason, as well as its entry into the pot sector.

Per a recent PR, UTRM has a new marijuana-related website coming out on the 28th, so we’ll be waiting to take a look at the finished product.


Newcomers to the Marijuana Sector

Due to the extreme gains we’ve seen from so many companies that have chosen to take advantage of recent hysterical trend toward everything cannabis, we have another couple stocks to throw into the mix.

G&S Minerals, Inc. GSML

GSML recently filed a statement of conversion with the Colorado Secretary of State, noting its intent to change its name to Cannabis Holdings, Inc. effective April 1st.

We are going to want to tack this symbol onto our marijuana stock watchlist as GSML attempts to make the transition into the pot sector. We’ll also we on the lookout for further updates regarding the specific direction the company takes.

Supreme Pharmaceuticals, Inc. SPRWF

SPRWF woke up from the dead on news that it too would pursue a place in the medical marijuana arena. Friday the stock shot up significantly, and looks like it wants to gap up again this morning.

Chasing runners of this magnitude can be a risky prospect, so remember, the eventual pullback that is bound to happen at some point, will often give rise to one or more substantial bounce opportunities.

CALGARY, ALBERTA, Mar 24, 2014 (Marketwired via COMTEX) — Supreme Pharmaceuticals Inc. (the “Company”) (TSX VENTURE: SL)(OTCBB: SPRWF) is pleased to announce that the Company has signed a conditional agreement with an arms-length South Okanagan-based company, whereby the Company has the option to purchase its producing medical marijuana business for up to twelve months for the sum of $1,000,000, payable in cash and shares, subject to regulatory approval. The Company is currently in a 10-business day due diligence period and if satisfied, Supreme will make a $100,000 option payment.


Side Notes:
Plays that did well last week that we want to continue to monitor: MNGA, and PBR (May $12 Calls)


Extended Watchlist:
ORFG, ICLD, IDN, HEB, CAMT, PAL, CREG, UBIC