Tag: PBR

Blue Horseshoe Stocks: Midday Update – 04/02/14

Petroleo Brasiliero SA (Petrobras) PBR – Options

We first brought PBR to our watchlist on March 21st, a few days after the stock had hit its all-time lows (03/17 @ 10.20). We recognized the recovery off of that bottom as a prime opportunity to take advantage of the options chain.

We’re extremely pleased at the subsequent performance that PBR has registered. Since our initial alerts, we’ve seen a steady rebound from PBR culminating in today’s high of 13.95 (+37% from our observed low).

It has allowed us to see substantial gains, as the May $12 Calls that have held our interest from the very start have come from a low of .31, to today’s high of 1.90. That’s an impressive move of 513% in the span of just seven sessions.

The June $14 Calls that we added to our radar on Monday have gone up from .41 to .71, representing a 73% increase.

Intraday opportunities today included a nice move from the $13 Weekly Calls trading in a range from .31 to .92. If the stock can breach $14, we may want to go with the $14 Weeklies for further flip opportunities heading into Friday.

Blue Horseshoe Stocks: PBR Updates & More

Petroleo Brasiliero SA (Petrobras) PBR – Options
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We were pleased with the potential for quick intraday gains provided by the PBR options chain on Friday. Our thoughts on moving up our strike price turned out to be warranted, as the $12.50 and $13 Weekly Calls we mentioned both did well on the day.In fact that $13’s actually made a heck on an intraday rip from .04 to more than .20.

We’re still optimistic that PBR stock can continue to recover (after recently hitting all-time lows) and even test the 14.50-15.70 range, filling its gap on the chart. The next major resistance hurdle appears to be the  200DMA at 13.88.

As for the contracts holding our attention moving forward, we’re still looking at the May $12 Calls (which we’ve already followed from a low of .31 to Fridays high of 1.10, +255%) and also considering the June $14 Calls which closed at .47 on Friday.

Positive ID Corp. PSID

PSID is garnering our attention once again this morning. This was a winner for us when we re-alerted it back on Feb. 18th.  If you recall, the stock was trading at a low of .0572 at the time, and we’d follow it all the way up to a subsequent  high of .125. It then came back to find support off of the 200DMA in the mid-.06 range.

We observed a Golden Cross on the chart last week, a signal we are always looking out for, and an 8-K filed this morning only adds to our interest as we kick off another trading week.

It is in regard to a lucrative purchase order that the company has received from UTC Aerospace Systems, which will service the US Dept. of Defense contract for the JUPITR program (Joint United States Forces Korea Portal and Integrated Threat Recognition):
On March 28, 2014 PositiveID Corporation (the “Company” or “PositiveID”) entered into an agreement, in the form of a purchase order, from UTC Aerospace Systems (“UTAS”) to support a contract for the U.S. Department of Defense (“DoD”). This agreement is expected to be performed over the next seven months, between March and September, 2014. The terms of this fixed price agreement include a total value of $841,000 to PositiveID, paid in monthly installments over the next seven months.

This agreement will support the DoD Joint United States Forces Korea Portal and Integrated Threat Recognition (“JUPITR”) Program, which is intended to detect biological threats in order to protect our nation’s warfighters and allies. The JUPITR program will test and evaluate PositiveID’s biological detection and identification technology called M-BAND (Microfluidic Bioagent Autonomous Networked Detector). The assessment will baseline performance, reliability, maintainability, ease of use, and cost of operation to provide the “best of breed” and most affordable options for the U.S. Army and U.S. Air Force.

A copy of the agreement will be filed as an Exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. The description of certain terms of the agreement set forth herein do not purport to be complete and are qualified in their entirety by the provisions of that agreement.

Surna, Inc. SRNA

On Friday we added SRNA to our marijuana related watchlist, and were glad to have done so. We learned that SRNA’s new CEO is a former co-founder of Zynga, and the news was well received.

The stock shot out of the gate, rather quickly ballooning from its opening price of 2.99 up to 5.50 (+84%).

We also learned that in addition to a group of new directors, Surna entered into an agreement which effectively gained the company 14 intellectual property patents related to indoor climate control systems for cannabis growing in states where it is legal.

Extended Watchlist:
CLNT, MNGA, ARTX, BIOF, WATT, HIVE, PRAN (Huge gap down, possible bounce-play)

Blue Horseshoe Stocks: PBR Options, Cannabis Updates

Petroleo Brasiliero SA (Petrobras) PBR – Options

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We first began tracking the PBR options chain one week ago today (03/21), and at that time, the May 2nd $12 Calls that we pointed out were trading as low as .31. With the exception of a marginal pullback on Wednesday, PBR has been in a recovery uptrend since recently touching its all-time lows, and that has allowed us to see some excellent gain opportunities.

Yesterday brought more new highs as the $12 Calls closed at a new high of 1.10, a 255% gain from our initial alert low. Since there is plenty of time before their expiration, we will stay interested in these contracts, with the continued recovery of PBR’s share price.

For some intraday opportunities we may consider moving up our strike price, and checking out the $12.50, or even the $13 Weekly Calls. In the event of another breakout-type session, we could possibly go as high as the $13.50’s. It’s always about being pushed in the money when we’re looking at our potential strike prices.

Surna, Inc. SRNA

SRNA is a stock to recently wake up from the dead, and like so many other new interests we’ve found, has been gaining ground on the strength of its entry into the increasingly trendy marijuana space.

That alone would have been cause to keep an eye on this stock moving forward. Another reason  SRNA has garnered a spot on our watchlist, is that per this morning’s PR, it’s now headed up by Zynga co-founder Tom Bollich. It will be interesting to see what someone of his expertise can bring to the rapidly burgeoning cannabis market.

Today’s News:
BOULDER, CO–(Marketwired – Mar 28, 2014) – Surna Inc. (OTCQB: SRNA), a company focused on the acquisition of cannabis industry related intellectual property, disruptive technologies, assets and scalable operating companies, today announced it has closed a merger with Safari Resource Group, Inc.

In conjunction with the transaction, Tom Bollich, visionary technologist and co-founder of San Francisco-based gaming company Zynga, has joined Surna as chief executive officer and a member of the Board of Directors. Additionally, the Company has appointed two other senior executives, Doug McKinnon and Tae Darnell, to its Board. >> FULL PR


Tranzbyte Corp. ERBBAlthough it has been on our radar since 2012, we began talking about ERBB more heavily at the start of the “Green Rush”, which coincided with the beginning of trading in 2014.

At the time, we observed a low of .0026, and to say the stock has gone on to make massive gains is quite an understatement.  As of its recent high of .113, we were looking at an overall move of 4246% In a span of roughly three months, that is an unbelievable gain opportunity.

ERBB has been under consolidation since hitting that high, and is sniffing out a bottom, currently in the low .06-range, but we’ll want to keep an eye peeled after this morning’s PR, the company having set the launch date of its cannabis-vending solution, the ZaZZZ(TM) Machine.

Extended Watchlist:
BBRY, IDRA, MNKD, ICLD, BLIN, MERC