Tag: SGSI

Blue Horseshoe Stocks: Updates, Options Ideas

Spectrum Global Solutions, Inc. SGSI

We wanted to circle back around to mention SGSI this morning, and pass along some media from the company that does not appear in its official news feed.

The president of Spectrum Global gave an interview on the company, and we would highly suggest that our readers take the time to check that video out. Additionally, for anyone who may have missed our initial special report on SGSI, it would be a good idea to give that a look as well.

Spectrum had a really solid year of growth in 2018 and we are very excited about the company’s prospects for the coming New Year.

>>View Interview SGSI President

>>View SGSI Special Report


Riot Blockchain, Inc. RIOT

We also want to place RIOT on recovery watch this morning. The stock, along with the price of Bitcoin, has been beaten up for quite some time now, but may be seeing some stabilization, especially with investor confidence in traditional securities being at perhaps the lowest point in the whole of 2018.

RIOT saw the beginnings of a bottom-bounce yesterday, and we’re going to want to monitor it into year’s end for the potential of a more sustained rebound.

Fresh Options Ideas:
DRI Weekly $95-105 Calls
ORCL Weekly $47-48 Calls

JNJ Weekly $130-133 Calls
(In addition to continuing to monitor the 01/25 $135-140 Calls we signaled yesterday)

Extended Watchlist:
UXIN, RYB, BLIN, TROV, TLK, OGEN, SPHS, YETI

Blue Horseshoe Stocks: Bottom Watch Plays

Inspired Entertainment Inc. INSE

The markets had a really rough go of things on Friday which caused problems for many, if not most, stocks. INSE was among those few that managed to buck the trend, as the stock continued to exhibit bottom-bounce characteristics. That’s why we wanted to place INSE on recovery watch, just on the heels of its quarterly report.

The overseas virtual sports gaming company relayed considerable revenue growth for the period, while outlining its intent to penetrate further into the North American markets. INSE is going to be an interesting play to watch into the New Year, as it already received positive feedback from a trial run with the Pennsylvania lottery.


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InSys Therapeutics, Inc. INSY

Speaking of bottom plays, the similarly-designated INSY also just caught our eye this morning with an attractive bottom-play setup in the works.

As you can see from the included snapshot of this one, the stock is quite oversold, and has established a fairly solid level of support from which a considerable rebound may be possible.

Extended Watchlist:
SGSI, QCOM, XPER, VLRX, CLDX, LEVP, APHA, NTRI

Blue Horseshoe Stocks: APHA, MDCA & More

Aphria, Inc. APHA

Yesterday morning in our premarket report, we said that the unusually high short interest in APHA was one of the factors playing into our decision to designate it as a bottom-watch play. The rebound we were looking for came instantaneously for us with APHA heating up, and the short squeeze was on.

From a low of 3.75, the stock cruised on up to a high of 5.59 for a daily burst amounting to 49% on considerable volume. We’ll be looking for APHA to continue to make up some of the ground it has lost over the past month.


MDC Partners, Inc. MDCA

Another stock we included as a bottom play yesterday, MDCA also experienced a solid performance on the day. It traded from a low of 2.57 on up to 3.29, for a moderate but respectable 28% gain.

It also factored in as the NASDAQ’s fourth largest gainer of the session. The run came to an end right around an area of previous resistance, so we’ll look for it to break that top in the sessions ahead.


Fresh Options Ideas

Cronos Group Inc. CRON Weekly $13-15 Calls* – As we were just mentioning on Tuesday, we first tagged CRON back on Halloween, at which time the stock was trading at a low of 7.10. This morning in the premarket the stock has attained an impressive new high of 14.58, marking a five week run of 105% The above mentioned calls are how we’re going to attempt to take advantage of today’s new movement on the chart.

Lululemon Athletica, Inc. LULU Weekly $130-133 Calls*

SDPR S&P 500 ETF (SPY) Weekly $268-270 Calls*

*Caution: NEVER trade options contracts with a weekly expiration on a Friday unless you are an expert level trader with disposable funds!

Extended Watchlist:
SGSI, DNR, NOG, RIG, OMED, WTI, WLL, CRC, CASI, KTOS