Blue Horseshoe Stocks: GWPH, MCRS, COCO & More

GW Pharmaceuticals, Inc. GWPH

We were hot on the trail of GWPH last week, first bringing to our readers’ attention on Tuesday, and following it pretty intensely after that. It was another winning call, and we were rewarded by huge gains in the options contracts that we were tracking.

If you refer to Tuesday’s report, we put the $80-85 Calls on watch. At the time, the $80 Calls were trading at a low of 2.80, and on Friday, they reached an incredible $15. That’s a mega-move of 471% in just four sessions!

The $85 Calls were even more impressive, starting out at a low of .35 following Tuesday’s tag, and absolutely skyrocketing to Friday’s high of 11.30. There aren’t enough superlatives to describe how pleased we were with that titanic run, which amounted to an intraweek increase of 3,128%

GWPH serves as an excellent example of why our daily coverage of the hottest opportunities on the markets has included more and more options plays than ever before. It is a great way to leverage relatively small moves by a stock, into what you can see are some astonishing chances for major-league gains.

An added note: Granted the fact that GWPH is a cannabis related play, we thought we’d mention the fact that New York just became the latest state to green-light a medical marijuana program for its residents. Between that, the upcoming 1st Annual WeedStock Conference in Denver, and the approaching start of Washington State’s legal sales, we wouldn’t be surprised if the marijuana sector began to pick up as we head into mid-summer. We’ll be keeping this and other related stocks on closer watch over the next several weeks.


MICROS Systems, Inc. MCRS

MCRS took off on Friday when word of a rumored buyout hit the street, and we now have confirmation that Oracle (NYSE: ORCL) will indeed acquire MCRS at a price of $68/share. We’re going to be peeking our heads in on this play as we kick off a new trading week.

The stock is gapping up close to the exercise price of the buyout this morning; often when we run across a situation such as this, the stock can have a hard time superseding the buyout price. However, if MCRS can get over the $68-mark, there could be some room left to the upside that would cause us to take interest in the $65-70 Calls.

Currently, the $65 Calls are trading at 3.75, and the $70’s are trading at 1.35- we’ll be monitoring those closely once we get a feel for how MCRS is going to respond.


Corinthian Colleges, Inc. COCO

COCO is catching our attention today as a stock that absolutely fell off a cliff last week, and appears to want to begin to retrace its steps, after bouncing on Friday, and continuing to gap-up in the pre-market this morning.

We always like to follow plays like this one closely, as stocks in recovery-mode have rewarded us time and time again in the past. News out today reported that the company will be receiving the necessary funds to continue its daily operations.

SANTA ANA, Jun 23, 2014 (GLOBE NEWSWIRE via COMTEX) — Corinthian Colleges, Inc. (Nasdaq:COCO) announced today that it has reached a memorandum of understanding with the U.S. Department of Education (the “Department”) that maintains uninterrupted daily operations at its schools, until the Company and the Department finalize a more detailed transition plan. Corinthian currently serves about 72,000 students at 107 campuses and online. >>> FULL PR


Extended Watchlist:
LGBS, LSG, CENT, CRIS, PLXT, AZC

XCHC, TSOI, KERX & Extended Watchlist

The X-Change Corporation XCHC

Yesterday, following our alert on XCHC, the stock opened up at .0699, and subsequently hit a high of .079 (+13%) where it ran into some resistance. It then pulled back to .056 before running back to its opening price of .0699 (+25%). We’d call that a solid first day, with total gains of up to 38% presenting themselves.

In press release published yesterday, the company announced its plans to roll out its Phytiva products in S. California. The second announcement of its kind in the last week, we can see that XCHC is rigorously pursuing its quest to expand its recently acquired line.

DALLAS, Jan. 28, 2013 /PRNewswire via COMTEX/ — X-Change Corp. (NASDAQ OTC: XCHC), a U.S. boutique company whose niche is extract-based Cosmeceutical and Nutraceuticals solutions through its Phytiva brand product line, announced today that it has been in discussions with California-based cannabis businesses for plans of a full rollout of Phytiva products to consumers in Southern California.The California legal cannabis market is estimated at $12 -$18 billion in total economic activity, supporting 60,000 to 110,000 jobs and $2.5 to $3.5 billion in legal, taxable wages. The cannabis industry is a much needed windfall for the State of California which is in economic distress. Further, the industry would generate additional income and business taxes for the state. California is one of the leading states for Medical Cannabis since first legalizing in mid 1990’s.

These inquiries came from conservative, well-managed firms that participate in full legal compliance through their dispensary licenses. They have physical locations in place that will allow X-Change Corporation to market its full line of Phytiva products.
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You may have missed yesterday’s link to our short video presentation of XCHC, so click here and take a look.
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Recent News:

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For more information, visit: http://www.phytiva.com
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Therapeutic Solutions International, Inc. TSOI

A few weeks ago, we noticed TSOI coming off its 52-week low of .01. It was January 14th and 15th when we included it in our extended watchlist, and it was trading as low as .0151. Yesterday the stock managed to close at the high of day of .045, breaching its 20, 50 and 100DMA’s. That move represents a possible gain of 198% from our first mention just two weeks prior.

We would like to see support hold at .04, above the moving averages going forward in order for us to remain bullish on TSOI.

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Keryx Biopharmaceuticals, Inc. KERX

Speaking of watchlist plays that have made their mark, KERX appeared in our extended watchlist on January 23rd. We’ve since watched it run from a low of 3.46, and we are now observing pre- market trading at 7.03, a gain of 103%

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Extended Watchlist:
MYRY, IFLM, MILV, PLXT