Tag: QTWW

Blue Horseshoe Stocks: Bottom Watchlist, Options Idea & More

Cannabis Sativa, Inc. CBDS

CBDS was part of our cannabis stock watchlist yesterday, and even as the majority of the sector was seen to be fading, CBDS bucked the trend and produced an excellent intraday opportunity.

We watched as the stock took off like a rocket right at the opening bell from a low of 1.26, and didn’t stop until hitting its 2.45 high-of-day shortly before 11’clock. That works out to a 94% swing and it came on immense volume, to the tune of 23X the 3-month average.

Cheers go out to any of our readers who caught a piece of the action on CBDS, which was the first in a trio of selections from yesterday’s premarket report to produce respectable intraday performances.

Cardinal Resources, Inc. CDNL

Next in line was CDNL, which is a stock that we’ve referenced in our reports on numerous occasions over the past several months. This subpenny runner turned in an intraday rip of 77% as it ran from .0047-.0083 on a little more than twice the average trading volume, and managed to hold the majority of its daily advance into the close at .0074.

It marked the second consecutive big day for the stock trending off of its lowest prices in roughly six months, so we’ll certainly want to continue tracking its activity, watching for it to record higher highs and higher lows in coming sessions.

Celator Pharmaceuticals, Inc. CPXX

We caught CPXX yesterday on the heels of an attention-grabbing PR (link below) which hit wires post-market on Monday afternoon, relating to encouraging results from a late-stage clinical trial. Despite already being up close to 300%, we still felt it warranted a tag in our watchlist, and we weren’t disappointed.

As is often the case in such circumstances, we saw a dip-and-rip unfold early, after which time the stock ran from a low of 6.44 to 9.10, for a solid 41% swing on absolutely massive volume.

Bottom-Watchlist

We’re going to designate the following stocks as bottom-watch plays and reserve a spot on our watchlist for each of them over the next several sessions:

Pernix Therapeutics Holdings, Inc.  PTX
Sunesis Pharmaceuticals, Inc  SNSS
Peak Resorts, Inc.  SKIS
Quantum Fuel Systems Technologies Worldwide Inc.  QTWW

Chipotle Mexican Grill, Inc. CMG –  Options Idea

We want to throw in a quick options idea this morning as well, and it’s going to come in the form of a short. Specifically, we’re going to be looking at the CMG Weekly $485-475 Puts.

Extended Watchlist:
VPRO, UPL, PSG, SIPC, LEAS, POTG

Blue Horseshoe Stocks: Midday Updates – 05/07/14

We had to send out another afternoon update to touch base with our readers regarding the stellar performance of today’s mentions! In addition, we want everyone to scan their inboxes tomorrow morning at the opening bell, because a stock that we’ve been monitoring behind the scenes could be ready to be upgraded to “Momo-Play” status. If conditions are right, we’ll pass it along to you! For now, take a look at what today’s picks have done:

Fuelstream, Inc. FLST

FLST made quite a move this morning, trading from a low of .008 all the way up to .0174. That’s good for an intraday romp of 118%

From the low of .0037 that we observed just a few sessions ago, a move to .0174 represents a highly-respectable 370% increase.

Quantum Fuel Systems Technologies Worldwide, Inc. QTWW

The bottom we were looking for in QTWW occurred at 3.74 this morning, and the stock ran to a high of 4.64just a short time ago, gaining 24% intraday. That’s a notable single-session move for a Nasdaq-listed stock.

Speaking of which, QTWW does also have an options chain. For anyone speculating in QTWW Calls today, gains of up to 100% were possible. Cheers go out to any sharp traders who were able to net quick profits on the rebound.

Petroleo Brasiliero S.A. (Petrobras) PBR – Options

PBR saw a modest increase today as well, to the tune of 5% as it traded in a range from 15.03-15.795. To update readers on the status of our PBR options calls, the $15 contracts we were monitoring this morning traded up from .39 to .79 (103%).

. When we first caught this play on March 21st coming off its lowest price in nearly a decade (11.25), we identified a gap on the chart that has now been filled. The recovery has carried the stock up 40% to just a hair below 15.80. Between that and the multitude of opportunities we’ve had on the options side of things, PBR has solidified itself as one of our top performers in 2014.

There is also another gap on the PBR chart from 16.48-16.99 that could become our next target if PBR continues to gain ground.

Blue Horseshoe Stocks: FLST Update, QTWW Bottom-Watch

Fuelstream, Inc. FLST
–
FLST continued to make moves following our midday report yesterday, setting a new daily high of .0098 just prior to the close.

At that mark, from the low we’ve seen (.0037) following our first alert less than a week ago, FLST has gained as much as 164%

We’re looking for FLST to confirm this uptrend by making higher lows and higher highs today; there is resistance in the .01-.013 range.

Quantum Fuel Systems Technologies Worldwide, Inc. QTWW

We’re placing QTWW on bottom-watch today. The stock got absolutely hammered yesterday after the revelation that one of its main competitors (Hexagon Lincoln) has partnered with one of its main clients (Agility Fuel Systems), which accounted for nearly half of the company’s revenue last year.

The lasting effects of such an agreement are as yet unclear, however, our interest is purely in taking advantage of a chart bottom and subsequent rebound. We’ve seen this scenario a hundred times, and with proper timing, quick bounceplay profits are often a possibility.

Options Trading Side Note:

Our tracking of the PBR options chain continues after much recent success. Today we’re eyeballing $14-$15.50 Weekly Calls for short term opportunities over the remainder of the week.

Extended Watchlist:
JCP, PLUG, EXEL, WILN, TRIP, FEYE