Blue Horseshoe Stocks: Bottom Plays, Options Idea & More

ML Capital Group, Inc. MLCG – Update
 
The first thing we want to do today is take a look back to Thursday morning at a play we designated for observation in our watchlist.

MLCG has followed up our alert with three consecutive sessions of higher highs and higher lows. On Thursday, we witnessed the stock changing hands at .0008, and yesterday we saw it reach a high of .0014. That marks a laudable three-day swing of 75% with very heavy volume coming in over that time-span.

We’ll continue to monitor MLCG for a continuation of the bullish pattern we’ve seen established thus far.


Special Reminders:

Axion Power International, Inc. AXPW
& Skyline Medical, Inc. SKLN

Now, we’d like to reiterate our opinion of both of these [unrelated] stocks, which we recently presented as bottom-watch plays.

Each one is still giving us the impression that their rebounds could occur soon, so we just wanted to remind our readers that these plays are still on our radar. In both cases, the stocks appear heavily oversold and ripe to begin a significant recovery, so let’s not let them fall by the wayside just yet.


Valeant Pharmaceuticals International, Inc. VRX-  Options Idea

We’ll close out this morning’s report with our first fresh options idea of the week. We’ve been watching over the past week as the stock has taken a real pounding, falling from just below the $70-level to below the $30-level.

We’re going to signal a set of contracts with an extended expiration period, the VRX 04/22 $32 Calls, which will give us plenty of time in which to see the stock put some distance between itself and the newly-established 52-week low it saw yesterday.


Extended Watchlist:
MXOM, FABU, DXMM, PPCH, ADMD, CGRW, ROX(Form-4 Bottom-Watcher)

Blue Horseshoe Stocks: Options Review, Other Updates

Options Review

Just to refresh our readers’ memories, we highlighted a range of call contracts for three separate plays on Friday, and we’re pleased to report that sizable gains were there for the taking regardless of which idea was chosen. It marked the continuation of a flawless streak of such ideas that we offered up over the past few weeks.

Our tracked calls and the magnitude of the gains that were available were as follows:

SPDR S&P 500 (SPY) Weekly $199-202 Calls – We’ve successfully played the SPY so many times it doesn’t even bear counting, and Friday was no different. From the low end of our range to the high, gains of 80-427% were made.

Finisar Corp FNSR Weekly $15 and $16 Calls – An earnings beat made the gains in FNSR calls possible, with the $15’s running 88%, and the $16’s making a 92% upswing.

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA  Weekly $175-185 Calls –  Last but not least, we had the ULTA contracts on our watchlist bank gains running from 59-117%

Again, it was yet another great week for options, and we’ll be doing everything in our power to keep the streak alive with some more ideas this week so be sure to stay tuned!


Friday’s Stock Gainers

In addition to our great success with options plays from Friday’s morning report, we had a number of other intraday movers which were also highlighted.

Propanc Health Group Corp. PPCH

This was our top-billed mention on Friday, having been following it for most of last week. A string of solid performances led the stock on a great intraweek run to that point which spanned from our observed low of .0188 to .037 (+97%) in just a few sessions.

We saw even more gains tacked on there during Friday’s trading, wherein we witnessed another nice intraday pop from the daily low of .0355 to .0516 (+45%), and the high extended our total observed range to an impressive 174% in a matter of four sessions.

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Mexus Gold US (MXSG)

Mexus was another point of discussion in Friday’s newsletter, and it too saw appreciable gains on the day.

We’d already been very familiar with the stock after tracking over a more than 1000% move in early February. We then re-tagged it the Wednesday before last and subsequently witnessed a 61% swing from .011-.018.

Friday’s session brought a continuation of that run from .017 to a high of .0299, a 71% intraday rip, and increased the total swing range to 172%

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Spectrascience, Inc. SCIE

SCIE was included in Friday’s tracklist and the stock would end up trading in a range from .003 to .0047, for total possible intraday gains of up to 56% on slightly heavier than normal volume.

It also managed to close just a tick below the high of day, so we’ll keep an eye peeled for the possibility of momentum spillover into this new trading week.


GW Pharmaceuticals, Inc. GWPH

We want to pin GWPH to our tracklist after catching a significant PR coming across the wires this morning. Late-stage studies on a cannabidiol (CBD) treatment of a rare pediatric disease has yielded positive results, and the stock has thus far gapped up over 100% in the premarket.

We’ll take our classic stance of monitoring for a possible dip-and-rip situation and look to get positioned in some in-the-money Calls, dependent upon where the bounce occurs.

LONDON, March 14, 2016 (GLOBE NEWSWIRE) — GW Pharmaceuticals plc (GWPH) (GWP.L) (“GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announces the positive results of the first pivotal Phase 3 study of its investigational medicine Epidiolex® (cannabidiol or CBD) for the treatment of Dravet syndrome. (>> FULL PR)


Extended Watchlist:
DDD, TFM, GBIM, HPTG, USAR, IEEC, ASTI, SVTE

Blue Horseshoe Stocks: Updates on PPCH, Options & More

Propanc Health Group Corp. PPCH

We played PPCH like a fiddle this week, after calling attention to it in Tuesday morning’s premarket report. That morning, we observed a low of .0188 and the stock hasn’t looked back since. What followed has been three consecutive sessions of higher highs and higher lows.

Yesterday’s intraday performance alone was quite respectable, with PPCH running from a daily low of .0225 to a new high of .037. That represented a spike of 64% on the day, and a total increase of 97% over our observed low from Tuesday.

We’ll be interested in PPCH as long as it maintains support above the current 50DMA (.019), while the next bank of resistance is sitting at the 200DMA at .042.


Dollar General, Inc. (DG)

We offered our two cents on how to take advantage of Dollar General’s earnings beat yesterday, and that was with the DG Weekly $78-80.50 Calls. With the exception of the 80.50’s, which didn’t trade much volume, every one of the contracts in our target range exploded for exponential gains!

$78 Calls – Trading Range: .55-5.00 – Max Gain: 809%
$78.50 Calls – Trading Range: .40-4.70 – Max Gain: 1075%
$79 Calls – Trading Range: .60-3.53 – Max Gain: 488%
$79.50 Calls – Trading Range: .27-2.10 – Max Gain: 678%
$80 Calls – Trading Range: .66-2.79 – Max Gain: 323%

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Bonus Options Ideas*:

SPDR S&P 500 (SPY) – Weekly $199-202 Calls

Finisar Corp FNSR – Weekly  $15 and $16 Calls

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Weekly $175-185 Calls

*As we always do, let us warn our readers o  the extreme caution which must be exercised by anyone attempting to trade weekly contracts on Friday. It’s a high risk proposition, and not for the faint of heart!


Mexus Gold US  MXSG

We also want to take a second and update readers on another of our recent successes. MXSG started appearing on our radars back on February 5th when it was as low as .0016. In a little over a month’s time we’ve witnessed a 1025% gain (a/o yesterday’s .018 high).

Those who may have missed that original alert still could have caught our reminder this week on Wednesday. The stock was trading as low as .011 at the time, and at yesterday’s high mark, we’d seen a two-session swing of 64%


Extended Watchlist:
VDRM, CABN, CDCH, POTG, FRO, CRK, WLL, BCEI

Blue Horseshoe Stocks: Tuesday’s Gainers, Options Recap & More

Yesterday’s Movers

While Tuesday’s activity was more subdued than the landmark session we had on Monday, we did manage to find major success with our options trading ideas, as well as the following stocks which made moderate moves to the upside:

Propanc Health Group Corp. PPCH – PPCH is a stock we’ve talked about on several occasions in the past, and it continued its ascent off of recently established annual lows following its inclusion in yesterday’s morning report.

The stock traded in a range from .0188 to .026, an intraday pop totaling 38%, and it did so on volume which came in at nearly quadruple the 3-month average. It also closed just a few ticks below the HOD, so we’ll certainly have a continued spot on our watchlist reserved for PPCH for the time being.

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Black Stallion Oil & Gas, Inc. BLKG – Traders with a quick trigger finger could have taken advantage of the rapid move made by BLKG right out of the starting gate yesterday, with its spike from .08 to .12. The run was, however, relatively short-lived as compared to the previously mentioned play.


Options Recap

Our options calls (and puts!) turned out to be the stars of the show yesterday, as we were mentioning above. As our regular readers are surely aware, we’ve developed the keen ability to spot short-term options opportunities with hawk-like acuity, and that fact was on full display once again.

Urban Outfitters, Inc. URBN – Weekly $29-32 Calls

$29 Calls – Trading Range: 1.79-4.10 – Max Gain: 129%
$30 Calls – Trading Range: 1.20-3.11 – Max Gain: 159%
$31 Calls – Trading Range:  .89-2.36 – Max Gain: 165%
$32 Calls – Trading Range: .42-1.56 – Max Gain: 271%

Shake Shack, Inc. SHAK –  Weekly $40-37.50 Puts

$40 Puts– Trading Range: 1.60-2.96  – Max Gain: 85%
$39.50 Puts – Trading Range: 1.35-2.65  – Max Gain: 96%
$39 Puts – Trading Range: 1.19-2.46  – Max Gain: 107%
$38.50 Puts – Trading Range: 1.30-1.96  – Max Gain: 51%
$38 Puts – Trading Range: .92-2.76  – Max Gain: 200%
$37.50 Puts – Trading Range: .69-1.25  – Max Gain: 81%


Extended Watchlist:
MINE, ROYL, NWTR, NWPN, GRNH, MXSG,
PPHM(Coming off annual lows w/ large gap to fill)

Blue Horseshoe Stocks: Reviewing a Monster Monday

Monday’s Huge Winners

We kicked off the week in grand fashion yesterday, with what was easily the most successful single session for stocks we’ve had so far in 2016. We had an incredible three picks, all energy-related stocks, make gains of at least a hundred percent concurrent with the continued bolstering of oil prices.

SandRidge Energy, Inc. SDOC

We continued to track SDOC yesterday, after our mention in Friday’s premarket report netted a chance at up to 35% in intraday gains (.05-0674), and the surge was sustained and multiplied. After gapping up to open at .075, the stock bulled its way to an afternoon high of .154, for a solid double-bagger (105%).

From our observed low of a nickel on Friday, yesterday’s high marked a two-session swing of 208%

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Penn Virginia Corp. PVAH

Undoubtedly our top-gaining pick of the day, PVAH was off to the races promptly at the open.

It was a pleasure to watch as it spent the entire session in beast-mode, ramping its way up from .112 to .38 on immense volume! That’s an increase of 239% on the day, so big cheers go out to any of our readers who were able to take advantage of this gem!

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Goodrich Petroleum Corp. GDPM

GDPM came up big as well with an excellent intraday run, while managing to hold a majority of its daily advances into the close.

It started out with a rip from .0875-.1998, an intraday move of 128%, and came in at .174 at the closing bell, finishing the day on roughly 5x its 3-month average volume.

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Linn Co. LLC (LNCO)

While LNCO didn’t crack the double-bag threshold, it certainly had a solid session and came close. The stock traded in a range from .95-1.70, offering up intraday gains if up to 79%

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Breightburn Energy Partners, Inc. BBEP

BBEP also put forth a modest, yet respectable performance, rounding out our group of gainers for the day with a run from .80-1.25. That gave folks a shot at gains as high as 56% on the day.


Options Ideas

We’re also going to go ahead and formulate a couple of options trading ideas this morning- one long, and one short:

Urban Outfitters, Inc. URBN – Weekly $29-32 Calls  

Shake Shack, Inc. SHAK –  Weekly $40-37.50 Puts


Extended Watchlist:
AXPW, PPCH, BLKG, TPLM, EGLE, SBGL, SKLN(Possible Rebound Play)

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