Tag: PLNR

Blue Horseshoe Stocks: MZEI, SPY Recaps & More

Medizone International, Inc. MZEI

Continuing our recent good fortune with selecting stocks ripe for a rebound off of their 52-week lows, we listed MZEI as a point of interest in yesterday’s premarket report.

We want to quote what we said verbatim, as the stock’s performance so closely coincided with our expectations. We stated: “MZEI fell off a cliff yesterday…We’re going to slate this stock as a potential recovery play- support prior to that epic beating was in the .07-08 range, so we’ll be on the lookout for a rebound back to that region of the chart.”

As the session commenced, MZEI gapped up just past that .07-mark to .07225, and proceeded to run promptly to a daily high of .09, a 25% intraday move, and held a good portion of those gains into an eight-cent close. We’ll keep this one on our radars to watch for the possibility of a sustained rebound.

ETF Options Recap

Both of our options-trading ideas for ETFs worked out nicely yesterday:

Direxion Daily Gold Miners Index Bull 3X Shares (NUGT) – Our idea of tracking the NUGT Sept. 4th $5 Calls yesterday provided a significant chance for traders to make a double-bagger, as they rose from .27 to a high of .55, marking a total possible profit of 104%

*Side Note* We spotted abnormal volume in the NUGT 09/18 $5-7 Calls during yesterday’s session, so we’ll tag those for observation in coming weeks. NUGT is dipping back in the premarket today, which could provide us with a good buying opportunity.

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SPDR S&P 500 ETF Trust (SPY) – We flagged SPY Weekly $206 Calls in our extended watchlist yesterday, and were instantaneously rewarded. Those contracts ran hard, jumping from a low of 1.08 all the way up to 3.24. That was good for a nice, round, 200% jump on the day, so congrats to any of our readers who took advantage of the heads up!

Eleven Biotherapeutics, Inc. EBIO

We also want to observe activity in EBIO as we head into week’s end. On Wednesday, they provided an update on one of their clinical trials, and this morning they’ve got an earnings drop (Links Below), leading to another premarket gap-up. We’ve pointed out the key aspects on the following chart snapshot, including the fact that an normous gap exists, the fillinf of which could mean significant added gains.

Extended Watchlist:
PLNR, OHGI, IMUC, CGRA(Marijuana News)

Blue Horseshoe Stocks: Happy Veteran’s Day

Achillion Pharmceuticals, Inc. ACHN

Those of you who don’t remember, we followed ACHN to enormous gains this past summer, beginning with our first mention of the stock on June 9th. After that time we actually saw this play run from a low of 3.72 to more than 13.00.

We re-tagged it in yesterday’s extended watchlist and were happy with the timing;  the stock traded in a range from 10.67 up to 12.95, a healthy 21% intraday move on more than four times the 1-month average volume.

Planar Systems, Inc. PLNR

We also wanted to do a quick update on PLNR. This stock came off of our extended watchlist on Thursday, and made a modest 15% move from 6.11-7.05, and it put up a similar performance to start the week yesterday.

We saw a move from 6.40-7.94, an intraday gain of 24%, and at the high, an overall increase of 30% from Thursday’s observed low.

Implant Sciences Corp. IMSC

We also want to keep an eye on IMSC today, as we’re seeing the stock gap up this morning on the heels of a PR that alluded to the securing of a contract with the United States Transportation Security Administration (TSA) that apparently could be worth up to $162M.

Extended Watchlist:
ZNGA, JNUG, DNDN, LITB, THLD, ARWR

Blue Horseshoe Stocks: Weekly Wrap-Up

Pazoo, Inc. PZOO

PZOO made positive strides this week, as you can see on the chart we’ve included below which has been building up in terms of highlights. When we first began watching this play on 10/20 (low of .0225) we were looking for it to break its 50DMA, which it did. To begin this week, we wanted to see the 200DMA surpassed and that happened as well. A number of bullish indicators, as well as an exciting PR out this morning, has PZOO once again near the top of our watchlist to close out the week.

With MA & Associates having just become one of Nevada’s first State-Licensed Medical Marijuana testing facilities, we were pleasantly surprised to see that the company has already secured its first client. We urge you to check out the PR right away:

Planar Systems, Inc. PLNR

We also wanted to do a quick recap on PLNR, one of our extended watchlist plays from yesterday.

The stock came off of a morning gap up to trade in a range from 6.11-7.05, a modest yet solid 15% intraday move on the heels of an earnings beat.

Extended Watchlist:
RMTI, CNET, MITK, RPRX, JNUG