SQNM Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: NEWC News Alert & More

New Columbia Resources, Inc NEWC

We’re circling back around to NEWC this morning on the heels of an untraded upon press release that just hit the wires. It pertains to the expansion of the cannabis side of the NEWC business, which will look to expand its hemp growing operations to zones that were previously out of the question prior to the recent ceasefire which has essentially ended 5 decades of internal hostilities in the South American nation.

BARRANQUILLA, COLOMBIA–(Marketwired – Jul 27, 2016) – New Colombia Resources, Inc. ( OTC PINK : NEWC ), a Colombian company listed in the U.S., is pleased to announce that Sannabis SAS, their Medical Marijuana joint venture, will work with CORPROPAZ to develop hemp fields in 5 different areas of Colombia for a pilot program to create new hemp industries in post conflict zones. (>> FULL PR)

We’ve also prepared a video highlighting the various aspects of the NEWC Chart, whiich we suggest you check out now!

Additionally, if you missed our initial in-depth report on NEWC, or the exclusive video interview we conducted with company president John Campo, we urge you to check those out as well.

NEWC Report

NEWC Executive Interview

More Updates:

Sophiris Bio, Inc. SPHS

We’ve been tracking SPHS all week so far, and have been met with a good opportunity for some quick profits. Subsequent to our mention in Monday’s report, we’d witness a low of 4.92 in the stock, followed by a 22% run to 5.98. Then yesterday, it held support at 5.88 as it came down slightly before jumping up to a new high of 8.55, which also happens to be the stock’s new 52-week high.

It marked an intraday run of 45% and a two-day upswing of 74% over our observed low from Monday.

______

Weyland Tech, Inc. WEYL

We tagged this play on Friday (Low of 2.10), and then again in yesterday’s newsletter, and the performance we’ve seen thus far has been respectable.

Yesterday WEYL traded up from a daily low of 2.17 to a high of 2.80, representing a daily run of 29%, and an overall increase of 33% from Friday’s low.
______

Exact Sciences Corp. EXAS

We also had EXAS in yesterday’s report, and the stock made a modest move of 20% from a low of 14.57-17.47. Not the magnitude of gains that we typically hope for, but considering the price range, a 20% intraday pop is nothing to sneeze at.

Texas Instruments, Inc. TXN – Options Update

We signaled a range of calls in the TXN options chain yesterday morning to correspond with the company’s earnings beat, and the chances it churned out were very nice. We highlighted the TXN Weekly $70-72 Calls and every set contained within provided a shot to make gains of 500% or more! It also yielded our third and fourth options ideas of the past week that have yielded gains of over 1000%

The potential single-session profits were as follows:

$70 Calls – Range: .10-1.96 – Max Gain: 1860%
$70.50 Calls – Range: .32-2.00 – Max Gain: 525%
$71 Calls – Range: .15-1.30 – Max Gain: 767%
$71.50 Calls – Range: .11-1.00 – Max Gain: 810%
$72 Calls – Range: .06-.70 – Max Gain: 1067%

______

Fresh Options Idea: AAPL Weekly $102-105 Calls

Extended Watchlist:
TPIY, KBLB, BTCS, SQNM, BIND, BIOD, WOOF

Blue Horseshoe Stocks: Bottom-Watchlist, Options & More

Fresh Bottom-Watchlist

Our morning scan yielded up a couple of stocks trading at or near their relative bottoms that we want to put on the radar this midweek.

Canadian Solar, Inc. CSIQ

CSIQ began showing some life yesterday after it briefly touched its lowest PPS since last summer and began to rebound into the close. This morning, a Q1 earnings beat is fueling a gap-up into the $17-range. We’ll be on the lookout for quick-strike options trades with the CSIQ Weekly $16.50-18 Calls. Especially if a dip-and-rip occurs at the outset, we could really see some significant intraday swings out of contracts in that range.

Sequenom, Inc. SQNM

SQNM is interesting as a bottom-watcher on a couple of different levels. Not only is it extremely low-priced for a NASDAQ play at just over the exchange minimum PPS of a dollar, but it has also seen an influx of insider buying this week. We’ll have to stay wary as chart indicators suggest the stock may yet need to search out its ultimate bottom, but we’ll be ready for a rebound at any time in coming sessions. It could come quickly in this case, so keep your eyes peeled.

Macy’s Inc. M – Options Idea

We’ve also got our eyes on Macy’s this morning, which has been on a fairly continuous downslide for the better part of three weeks, and is getting kicked hard again in premarket trading this morning.

The company tempered its guidance for the remainder of the year, and missed estimates on sales considerably in this morning’s earning call. We’re going to look to turn the bearish sentiment surrounding the stock at the into a possible boon for ourselves. To do this we’ll look to the M Weekly $36-34 Puts for possible daytrades and/or swing trades into week’s end.

Extended Watchlist:
APRE, ENGA, GEQU, SYNC, ESI, ASM, ACLS(Insider Buying)

Blue Horseshoe Stocks: Update on AEZS & More

AEterna Zentaris, Inc. AEZS

Our Monday morning report this week included AEZS as a potential bottom play which we did end up timing perfectly, seeing an 18% intraday move (.55-.65) during that session.

We also focused in on AEZS yesterday morning, mentioning that further opportunities appeared possible, and were rewarded for the second straight day. The stock traded in a range from .67-.79, which registered as another 18% intraday jump.

Yesterday’s high marked an overall increase of 43% and provided an excellent example of why the setting of new all-time lows in a given stock is a phenomenon that will draw our attention every time.

We’ll continue to monitor this play as the week progresses, but all in all, we consider it to be a success already, with the chances it has given us to make solid gains over a period of just two days.

Quick Update on TASER International, Inc. TASR

We wanted to update readers on another stock we’ve been monitoring over the last week- TASR has also provided a modest opportunity over the past couple of sessions. The stock bounced off of support at 20.79 on Monday, and yesterday managed to push its way to a high of 24.44, a notable 17.5% increase.

Extended Watchlist:
IDRA, MOLG, SQNM, ONVO,

Blue Horseshoe Stocks: Another PBR Update & More

Petroleo Brasiliero S.A (Petrobras) PBR – Options

Petrobras continues to be one of our main conduits to making large gains. We were able to carve out another chunk of profits on Friday as the stock hit a new high for us, traversing its way up the chart to peak at 15.92. Considering we picked up on this play in the low $11-range shortly following its 10-year lows back in March, we’d call its performance since then nothing short of amazing.

Of course, our real bread and butter here has been the options chain. Last week was yet another victory for anyone playing the Call side, with every contract we were watching making some nice strides.

In particular, the 07/19 $15 Calls that we’ve been tracking for weeks now have done beautifully, hitting a new high on Friday at 1.25. From the 25-cent low we observed in the week prior, that marks a walloping 400% move!

As we’ve stated before, we will continue to stick with monitoring PBR for as long as it continues to serve us up ripe opportunities for profit.

BARCHART.COM is presently issuing PBR a 96% Overall “Buy Rating”

Intuitive Surgical, Inc. ISRG

ISRG comes back to us this morning as a play that we inserted into our running watchlist back at the beginning of May. On the 6th, we mentioned that the stock could provide us with “potential gains over the next several weeks,” and while it took awhile for things to get moving, that statement still stands.

One of our points of focus was on the ISRG chart were a pair of gap-downs that had transpired in recent weeks, and we’ll still be looking for a break of that first gap to get things started. Presently we’re looking at the Weekly $385-395 Calls for intraday flip opportunities, but if it appears we’re moving to fill the gap, we may need to roll our strike price up.

Provided ISRG does fill in the gap on the chart from roughly $400-415, over the longer-term we could find ourselves looking at The Aug.-Oct. $420-440 Calls.

Solar Wind Energy tower, Inc. SWET

We put SWET on our radar on Friday, and will continue to monitor the stock over the course of the week. The chart is exhibiting signs of ripening, and looks to still be right on the verge of potentially making a nice move, so we want to keep a sharp eye on the activity here as we kick off a new trading week.

The company released some news this morning about a cash infusion they’ve received, and we’re also going to look out for potential updates concerning SWET’s presenting at the NIBA (National Investment Banking Association) conference tomorrow (Tue. 17th).

Solar Wind Energy Tower, Inc. Receives Operational Financing Through JDF Capital Inc. (Mon 8:30AM EDT)

Extended Watchlist:
FIO, DARA, ACHN, AKS, SQNM, LLNW, SA, ANV

Blue Horseshoe Stocks: PBR Update & More

Petroleo Brasiliero S.A. (Petrobras) PBR When we touched base with PBR on Wednesday morning, we mentioned that we were expecting some opportunities to come our way provided that the stock could hold support at or above its 200DMA (13.69).

We also showed interest in the July 19th $15 Calls, which, leading up to that point, had been trading in the .30-.38 range, and even ventured so far as to say that a double or triple could be possible. That move came rather quickly over the remainder of the trading week, as those contracts dipped as low as .25, and by the end of the day on Friday had come all the way back to close at .61.

For us, that represented an excellent three-session move, allowing gains of up to 144% for options traders. The stock itself made a modest move up also, to the tune of 8% from 13.62 to 14.77.

The PBR chart is still looking quite ripe, with several bullish indicators catching our attention. The RSI is strengthening rapidly, there appears to be a MACD cross in the making, and provided the stock can maintain support at or above the channel between the 50DMA of 14.19 and Friday’s swing low of 14.32, we like the chances of seeing even more gains from PBR.

For intraday/intraweek flip opportunities, we can look into the $14-$15 Weekly Calls, but granted the overall trend continues, a longer-term play will continue to be the 07/19 $15’s, which as we said, have already afforded us a double-bagger.

Shamika 2 Gold, Inc. SHMX

On Thursday, we added SHMX to the mix as a sub-penny play that had struck us as having some potential. As with the majority of stocks trading in the triple-zero range, SHMX is susceptible to rapid swings in price, and we saw that first hand as we closed out the week. On Friday, the stock saw a low of .0003, and a subsequent upswing to its closing price of .0005.

That made it possible for traders to nab a quick profit of 67% We always want to be extremely cautious when dealing with volatile plays in this price range, as they are not for the faint-hearted. Quick-strike trades are the order of the day, and for more skilled traders, proper timing of each dip and rip can lead to gains really piling up.

Extended Watchlist:
TMSH, TBEV, IDIX, ACHN, SQNM, DRL, PGNX, PFIE, LIVE