Tag: ROYL

Blue Horseshoe Stocks: End-of-Week Updates

Update on This Week’s Options Calls

Sensing the overall trend in the markets yesterday led us to profess our interest in Options Calls on these big-board stocks. It turned out to be a good decision- it wouldn’t have mattered which options chain you went with, gains were possible with all four:

FB, GOGO, PCLN, TSLA

The biggest opportunities came with GOGO and TSLA, but we’re still looking at call contracts for all of them. Additionally, we want to add FEYE and DDD to that mix as we head into the upcoming long weekend.

We’ve also been tracking AAPL Calls intensively over the past several sessions, and the stock did in fact hit new highs in the $609’s yesterday, so we’ll keep ourselves hot on the trail of potential gains in the Apple options chain as well.

It isn’t every day that we track options calls so heavily, but when we do, it seems to work out for us more often than not.

Royale Energy, Inc. ROYL

ROYL was a particularly bright spot on yesterday’s Extended Watchlist. The stock began to run right out of the gate, rapidly appreciating from it daily low of 3.12 to a subsequent high of 4.12.

That was a solid intraday move of 32% on nearly 39x its 3-month average, perhaps largely due to the PR that hit the wires yesterday:

SAN DIEGO, May 22, 2014 (GLOBE NEWSWIRE) — Royale Energy, Inc. (ROYL), announced that Rampart Energy, Ltd and Royale Energy, Inc. are pleased to jointly issue an update to shareholders and stakeholders on the seismic received:

HIGHLIGHTS

  • Large conventional target up to 20,000 acres in size;
  • Strongly supported by Direct Hydrocarbon Indicators (‘DHI’s’);
  • Joint interpretation of the Big Bend Cube taking place in San Diego;
  • Very strong results dovetail into drilling plans with submission of key permits for approval by Alaskan regulators;
  • Prospective Resource assessment to be completed soon. >>FULL PR

We’ll most likely be monitoring this play for awhile, as positive results from that upcoming ‘Resource Assessment’ could drive even more interest ROYL’s way.

Extended Watchlist:
OWW, RNA, IDN, WAVX, LIQD, IVAN, ZIOP

Blue Horseshoe Stocks: Updates on IGC, MY, NEWL & Extended Watchlist

Extended Watchlist Winners:
Yesterday’s Extended Watchlist unearthed a couple of gems, so let’s start things off today by congratulating those who were able to capitalize on the ample chances to profit that these plays offered:

India Globalization Capital, Inc. (IGC)

IGC rewarded us for our attention with a bullish session that saw its low before 10am and ran into the close. From a daily low of 1.27, the stock pushed its way all the way up to 2.08, a highly respectable 64% intraday move, with a couple of vital swings in between that could have been timed for even more opportunities.

It did so on roughly 40x its 3-month average volume, giving us another clue that this could be a play with continued momentum. Even now, in early pre-market trading the stock has run as high as the 2.20’s so we’ll be on the lookout for one of two things; either the momentum carries it further, or profit-taking causes a pullback, in which case we’d be watching for a classic dip-and-rip on the rebound.

If the severity of yesterday’s swing action on the chart spills over into today, there could in fact be several intraday moves that we may be able to use to our advantage.

China Ming Yang Wind Power Group Limited (MY)

The other success from yesterday’s watchlist was MY. This play was one of the most gradual gainers you’re likely to see. Following its daily low of 2.83 it stair-stepped its way into the close at its high of day at 3.63. That was good for a solid intraday gain of 28% on more than four times the 3-month average volume.

Much like the previously mentioned play, we’ll be looking for MY to possibly continue its upward movement today after settling down from what appears to be another pre-market gap-up. In morning trading so far, the stock has pushed past yesterday’s high; if we see another dip-and-rip today it will be the third consecutive session in which one has occurred.

NewLead Holdings Ltd. NEWL

As we stated yesterday, we’ve been following NEWL for awhile now, and the recovery we’re seeing off of its recent bottom of .3867 has sprouted into a multi-day run that has been nothing short of impressive.

The stock gained even more ground following our morning report, wherein we mentioned that we wanted to see a break of the pre-market high of 4.20. We got that and more, as NEWL went on to reach 4.79 with volume 15x greater than normal.

Modest intraday gains of 26% were possible with NEWL yesterday, but the truly impressive figure is the five-session increase we’ve now witnessed from the above-mentioned low to yesterday’s high, which stood at 1138%

The stock also landed us in the Penny Stock Rumble for the day’s largest dollar-volume pick, with more than $160M worth of shares changing hands on the day.

Added Comments:

The markets as a whole had their best day all month on Wednesday, and it translated into gains for us. The overall sentiment is that conditions should remain favorable as long as the Fed holds off on any changes in interest rates. Following the revelation that there would be no increase at this time, the following four major players began to run:

FB, GOGO, PCLN, TSLA

We’ll be monitoring the Options Call action on all of these big-board plays for continued momentum today.

Extended Watchlist:
RENN, ROYL, CTIC, NIHD, LIQD

Blue Horseshoe Stocks: FNMA, CSIQ, STWG & More

Fannie Mae – FNMA & Freddie Mac – FMCC

Our alert on FNMA Friday yielded us the #1 ranking on the Penny Stock Rumble for the second time last week (1st time was for TCPS). The stock opened up at a low of 2.255, only to run as high as 3.15 for a nice 40% move.

We’ve been tracking FNMA and FMCC since May 15th and May 16th, and each has risen in PPS greatly since that time.

FNMA – Low (05/16):1.20 – Friday’s High: 3.51 – Gained: 193%

FMCC – Low (05/15): 1.11 – Friday’s High: 3.30 – Gained: 197%


Canadian Solar Inc. CSIQ

CSIQ is gapping up close to 25% this morning, hitting new 52-week highs. The stock came off of our Solar Sector watchlist, having last appeared on Friday, at which time is was trading as low as 8.10. We are going to be continuing to monitor its progress today as we begin this short trading week.


Plug Power, Inc. PLUG

We’ve been talking about PLUG for most of this year (For the first time on Feb 15th), seeing some big gains in that time. We most recently were looking at PLUG on Wednesday as it reached new highs of .3847. Since then, we’ve observed a pullback, as the stock came down to find support at the .25-level.

This morning, we have seen a high of .42 pre-market, with the last trade executed at .39, up around 16% We want to keep watch over this play, as well as the Energy Sector as a whole, as they continue to heat up.

From last week’s low of .25, this morning’s .42-high marks a possible gain of up to 68% From February’s low of .1155, that figure climbs as high as 264%

S2C Global Systems, Inc. STWG

STWG has appeared in our reports as far back as December, and before last week, as recently as April 19th. . We re-mentioned it once again on Thursday after the company came out with its first PR in years. It broke its previous resistance (.0075) and continued its uptrend, STWG hit a new high of a penny on Friday, and ended up closing at .0095. From its low of .0011 reached in March, the penny high represents a move of 810%

We’d like to see the previous resistance at .0075 hold as a future level of support.

Options Trading:
We are also looking at AAPL $445 and $450 Calls today, provided we hold support off of last week’s resistance at 448.35.

Extended Watchlist:
BLDP, PIP, ROYL, RSOL, OMTH