Tag: THO

Blue Horseshoe Stocks: RXMD Keeps Rocking & More

Progressive Care, Inc. RXMD

We’ve talked about RXMD every day this week, because the stock has continued to streak to new highs each day. As we’ve mentioned, our February 22nd alert on RXMD enabled our readers to gain entry for as little as .0663.

Yesterday, our tenth session tracking this play, the stock soared to a new five year high of .197, registering as a total increase from our observed low amounting to 197%

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Zosano Pharma Corp. ZSAN

We put ZSAN back on our radars as a bottom-bounce play on Friday, and witnessed a subsequent low of 6.8175. From that point, the stock has made a very nice move in just a short time.

Yesterday, following yet another tag in our premarket report, ZSAN ran from 9.58 to 15.74. That worked out to an intraday rise of 64% and a total increase of 131% in a matter of just four trading days.

As you can see on the included chart snapshot, if the stock can pass through the highlighted resistance area and breach the 200DMA, things could get very interesting.

Dollar Tree, Inc. DLTR

We formulated a bearish options idea for Dollar Tree yesterday morning, and it worked out in our favor as the stock gapped down hard, followed by more backsliding during the session. Our targets were the DLTR Weekly $95-92 Puts and the two sets of contracts in the lower end of that range yielded notable intraday gain opportunities.

$93 Puts – Range: 4.00-6.10 – Max Gain: 53%
$92 Calls – Range:  2.50-4.54 – Max Gain: 82%

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Fresh Options Idea:
We also want to look at Burlington Stores, Inc. BURL on the heels of its earning release and signal a few contracts for observation- the BURL 03/16 $120 & $125 Calls.

Extended Watchlist:
NTLA, OKTA, THO, MARA, NVCN, YY, ONCS, CRIS, TEUM

Blue Horseshoe Stocks: ACBFF Recap & More

Marathon Patent Group, Inc. MARA

Yesterday morning, we were just recapping the recent excellent performance of MARA since our alert on November 2nd, at which time e would observe a low of 1.19 in the stock.

MARA had run all the way up to more than $6 as of Friday, and we mentioned that the stock was gapping up even further in yesterday’s premarket. We came back for this one at an excellent time, and the stock posted yet another bullish session. It picked up right where it left off on Friday once the session commenced, with MARA running to 10.03.

That high also represented an increase of 743% from our original low from early this month. From the current point, the stock has begun to look extremely overbought, so we may need to look out for a dip-and-rip scenario to remain interested in this play moving forward. But the huge move is already on the books and we’ve been very pleased with its performance.

Aurora Cannabis, Inc. ACBFF

We also want to go over the solid run from ACBFF since we last mentioned it on November 7th. We included it as part of a cannabis commentary, wherein we urged readers to consider the current and expected strength in the Canadian marijuana markets. Aurora has long been one of our favorite Canadian pot plays, and for good reason.

On the day of our last alert on ACBFF, it traded for as little as 2.777/share, and as of yesterday’s new high of 6.65, we’ve now seen a run totaling 139% from this play. A very respectable run for the month of November. This is certain to be one of many cannabis stocks from North of the Border that we’re going to continually track with Canada’s nationwide marijuana legalization headed this way in just 8 month’s time.

Extended Watchlist:
ROKU, THO, IQV, INTV, SORL, NEPT

Blue Horseshoe Stocks: CSOC, Options & More

Caduceus Software Systems Corp. CSOC

We want to bring CSOC into focus this morning on the heels of a filing that hit wires yesterday alluding to an interesting development at the company. (>>Read Filing)

We’re witnessing CSOC’s entry into the cannabis space, as they have announced their intent to provide SaaS (software as a service) to cannabis growers, and have also registered domain names to facilitate that. ( www.Inventory420.com and www.Inventory420.info)

We’ll be taking up regular monitoring of this play as part of our initiative to keep a close eye on the marijuana market, which just increased in size by a significant margin with the elections earlier this month. That will include keeping our ears to the tracks as we wait for further updates on its plans.

Options Ideas 

Itau Unibanco Holdings S.A. ITUB – In addition to reversing off of a recent relative bottom, ITUB is currently showing us a set of favorable-looking circumstances on the chart, as we’ve pointed out on the included snapshot.

We’re going to be tagging a couple of moderate to long-term contracts for this play, namely the ITUB 01/20 and 03/17 $11 Calls.
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Tiffany & Co. TIF – Tiffany’s is also on our radar on the heels of its premarket earnings release which showed increases sales and revenues. We want to formulate a short-term idea for the TIF chain, as we’ve done quite successfully in the past.

Our focus here is going to be the TIF Weekly $80-83 Calls for possible daytrades and/or intraweek swing trades.

Extended Watchlist:
THO, TNXP, KNDI, AGHI(Ripe for rebound off of 3-month lows)