Blue Horseshoe Stocks: MBRX Blows its Lid

 
Kimberly Clark Corp. KMB

We want to kick things off this morning by highlighting the fantastic options idea we included in yesterday morning’s premarket report. That was the KMB Weekly $125-128 Calls, and we’re pleased to relay the stellar first-day performance of those contracts, all four of which produced enormous multibag intraday moves, including a thousand-percent-plus play in the $128’s.

$125 Calls – Range: 1.40-7.14  – Max Gain: 410%
$126 Calls – Range: 1.00-6.50 – Max Gain: 550%
$127 Calls – Range: .72-4.90  – Max Gain: 581%
$128 Calls – Range: .36-4.80  – Max Gain: 1233%
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FRESH OPTIONS IDEA:
Twitter, Inc. TWTR Weekly $35.50-37 Calls
Hasbro, Inc. HAS Weekly $97-101 Calls
Lockheed Martin Corp. LMT Weekly $327.50-$337.50 Calls


Moleculin Biotech, Inc. MBRX – Recap

Following the FDA fast-tracking of the company’s Annamycin drug, yesterday morning we noted that this stock we began tracking late last month had risen by 89% (.7772-1.47) right on the heels of the good news. It would appear that the development took some time to fully filter through the investment community, because even we weren’t prepared for the enormous continuation of momentum that has now transpired.

From yesterday’s 1.25 low-of-day, MBRX shot up like a rocket and ultimately reached a new peak of 3.15. That worked out to a single session surge of 152% From our initially observed low, it represents an increase of 305% in just over three weeks of trading. This has not turned out to be our biggest stock-only call of the year so far just yet, but it is right up there among the best.


Extended Watchlist:
TMPS, GNC, AYTU, HLTH, VERB, VTVT, FORK, WVE, RVP, CVM

Blue Horseshoe Stocks: MCIG Review & More

mCig, Inc. MCIG

The first thing we want to do to kick off the short trading week, is rehash the recent performance of MCIG. In our first report of the year, we were reminding our members of our ongoing interest in the cannabis sector and related fields, and gave a laundry list of plays that we wanted to track going forward from that point.

The following morning, we would observe a low of .1599 in MCIG, before it began a two week bullish run, and it hasn’t looked back since.

On Friday, MCIG attained a new three-year high of .38, where it also closed. That works out to an overall increase of 138% that we’ve witnessed with MCIG in the first two weeks of 2017. With the strong close, we’ll be sure to watch its activity closely as we head into the third.


Retractable Technologies, Inc. RVP

The next thing crossing our screens that we feel warrants some attention is the present situation with RVP. We took notice of a Form-4 filing last week, alluding to the purchase of a large block of shares by the CEO.  Thomas Shaw picked up two million shares at .89, just a penny above the stock’s four-year low of .88, which was recorded on Friday.

With listing standards stipulating the maintenance of a PPS of at least a dollar, and the added confidence engendered by an executive placing faith in his stock through purchase on the open market, we feel RVP has the makings of a prime bottom-play, and we’ll be very interested to track its progress in this regard.


Extended Watchlist:
HWAL, GNBT, VDRM, PSNX, CLSN

Blue Horseshoe Stocks: Potential Bottom-Play, HMCP Update & More

GAIN Capital Holdings, Inc. GCAP

GCAP began to get hammered on the heels of yesterday’s announcement by the Swiss National Bank that it would move interest rates caused some volatility in the Swiss franc.

The stock is still getting crushed in the premarket today despite the fact that the move by the Swiss does not materially affect the company, as stated in a commentary released by BCAP yesterday afternoon. >>> READ PR

Currently it has been beaten down to the 6.50-area; its lowest levels since October, so what we’re going to want to do is monitor this play for an eventual bottom-bounce. This is exactly the type of knee-jerk pullback we like to catch, as the recovery can often be extremely profitable for quick-witted traders.


Heritage Media Corp. HMCP

We first brought HMCP to our readers’ attention on New Year’s Eve, and discussed it most recently last Thursday. With such a low float, HMCP is susceptible to rapid movement on relatively little buying/selling pressure, and in the intervening time between those two reports, we witnessed a series of heavy swings in the stock cumulatively totaling 200%

We pointed out that the patterns were making a bullish flag formation on the chart, and it did turn out to be a prelude to further gains. On Monday we observed a low of .003, and yesterday the stock registered a new high for us at .0077, which adds another 156% swing to the already impressive moves we had witnessed previously.

Indicators are still looking ripe as illustrated on the following snapshot, so HMCP will be something that we keep a close eye on into next week.


Extended Watchlist:
RVP, SDRL, EOPN, IAG, PBR, BBEP