Blue Horseshoe Stocks: GEVO Recap & More

Gevo, Inc. GEVO

We called attention to GEVO in yesterday morning’s premarket report, citing a high-profile PR in which the company announced an agreement with Alaska Airlines (>>Read PR). What resulted was a stroke of flawless timing, with the stock putting up a record performance on the day, and it put a nice cap on what has been a week of multiple great calls.

The stock started out by gapping up into the 3.50’s, and undergoing the dip we were looking for caused by impatient profit-takers, found its daily low of 3.28 and then it was off to the races! The subsequent high came in at 6.11, an unprecedented 86% intraday rip for GEVO, and it occurred on more than 40X the 3-month average trading volume.

The total increase witnessed as of this morning’s premarket high of 7.43 amounts to 126% and marks the second big-board double-bagger we called this week! (Refer to PTBI for the 1st).

The stock has peeled back into the 6.50-range so we could be in line to see another dip-and-style move from GEVO to close out the week. We’ll want to see it maintain a level of support at or above the new 200DMA of 4.90 on any pullbacks.



Tesla Motors, Inc. TSLA

We tagged TSLA in yesterday’s extended watchlist and the stock made a nice move from 220.25 to 237.48. While it translates to an intraday gain of just 8%, the spike caused some serious action in the options chain, which is where we’ll have our attention focused.

The sets of contracts that we’re going to be monitoring for potential opportunities in coming weeks will fall into the range of the 05/22 $230-240 Calls. Our interest, of course, will be predicated upon the stock maintaining support at or above the 200DMA of 227.28.


Motorola Solutions, Inc. MSI

We also want to make a preliminary mention of MSI, which we noticed flirting with levels very near to its 52-week low this week, and it has begun to exhibit signs of a bounce. It’s going to be a stock that we monitor for potential continued rebound action into next week.


Extended Watchlist:
MNGA, ICLD, WLT, RVIT, VSR

Blue Horseshoe Stocks: GEVO News, PTBI Review & More

PlasmaTech Biopharmaceuticals, Inc. PTBI

In Tuesday morning’s premarket report, we expressed our interest in PTBI based on some press, and the look of the chart. We expected to see a chance for a nice gain, but what followed has been much more impressive.

PTBI has become a multi-day runner; Tuesday’s session brought a move from 4.33-7.77, an intraday gain of 79%

Yesterday, the company came out with news of a new acquisition in the morning, and that certainly added fuel to the fire. After a gap-up we witnessed an early run from 8.71-11.15 (+28%). That high represented a two-day increase of 157% over our observed low of 4.33, and was followed by some consolidation in the afternoon leading to a close at 8.60.

The company published another press release post-market divulging details of a forthcoming private placement (Link Below), that is untraded-upon. Thus, PTBI is gapping up once again today, so we will be wary of the possibility for more price action similar to what we’ve seen so far.


Extreme Networks, Inc. EXTR

We’re going to put EXTR on our radars this week as a stock that was sent through the ringer after an analyst downgrade early last month, causing a big gap-down on the chart.

You can see it plainly on the snapshot we’ve included below. In addition, we can identify a couple of bullish indicators staring us in the face; the RSI is coming off of being oversold, while the MACD is upturned and showing divergence. The stock has been making higher highs and higher lows for two sessions running, and we’ll look for that to continue.


Gevo, Inc. GEVO

We also want to pay attention to GEVO after an interesting PR this morning that highlights an agreement with Alaska Airlines has sent the stock cruising to three-month highs in the premarket.

The chance for a dip-and-rip style play could present itself on the rebound after the profit-takers come out of the woodwork early in today’s session. For us to remain interested in GEVO, the stock will need to maintain support at or above its 50DMA of 3.23 on any pullback.


Extended Watchlist:
TSLA, BABA, QLTY, FRO, SYMX, AXPW

Blue Horseshoe Stocks: AAPL Update & More

Apple Inc. AAPL – Options

We once again found a way to leverage AAPL’s current uptrend to our advantage yesterday using the options chain. Just to refresh people’s memories, the idea we highlighted in our premarket report was to monitor Weekly Calls in the $130-132 range.

As AAPL pressed to a daily high of $133.13 we saw significant action in both the $131 and $132 Calls. The $131’s dipped as low as 3.60 before running to a subsequent high of 4.50, for an intraday move equaling 25%, and the $132’s made a nice spike from 3.10-3.88; also a 25% swing.


Pazoo, Inc. PZOO

We also want to mention the performance of PZOO which surged to a new high of .0204 yesterday. In the video charts we’ve published on PZOO over the past couple of trading days, we mentioned that the 200DMA of .0204 should act as key resistance, and that’s where yesterday’s intraday run topped out. From a morning low of .0177, it marked a 15% jump.

From our observed low of .0049 on April 6th, PZOO’s new high marked an overall increase of 316% We stated this week that we want to see the stock maintain support in the channel between .011-.014, and that remains true today.

Any way you slice it, PZOO has performed admirably in the month of April.



Netlist, inc. NLST

Hitting our scanner this morning is a stock that has been in a steady downtrend for quite some time, which is gapping up in the premarket on the heels of an early PR linking the company to LG Electronics.

NLST has spent the better part of the last three months bottoming out, and the stock just set a new 52-week low yesterday. This is exactly the type of play that we like to monitor, as it gets kicked up off of annual lows.



Other Notable Gainers From Yesterday’s Watchlist

We’d also like to highlight two other plays that appeared in yesterday’s premarket report that provided opportunities for our readers.

SYMX traded in a daily range from 1.65-2.10, an increase of 27%

CANF rose from a low of 2.61 to hit 3.57; an intraday move of 37%


Extended Watchlist:
AGEN, CLDN, AEZS, VSR, TSLA

Blue Horseshoe Stocks: Options Trading Ideas & More

Running Options Trading Idea – PBR

We keep going back to the well that is the PBR options chain, and almost never come up empty-handed. Just to recap this week’s action, we targeted the PBR November $16 Calls on Tuesday morning, and were promptly rewarded with an 35% intraday spike.

On Wednesday, we commented on the real possibility of seeing more action in PBR options as the stock pulled back and rebounded, and it only took until yesterday’s session to see that prediction met.

For the second time this week PBR breached the $17-mark, and as a result, the $16 Weekly Calls traded from .86 to 1.20, an intraday increase totaling 39%


Movers From Yesterday’s Watchlist

First Liberty Power Corp. FLPC
FLPC made a notable move right at the start of the session yesterday morning, opening up at .002 and rapidly running to .0027. That marked a quick chance at up to 35% in gains.

iHookup Social, Inc. HKUP
We also tagged HKUP, and the stock would provide a series of intraday swings of which one could have taken advantage; the two main thrusts were from .006-.0072 (+20%), and .0062 to .0069 (11%).


Added Notes:

The overall markets took a pounding yesterday, and after a contrary performance by TSLA which managed a positive move, the stock is pulling back today to a premarket low of 240.56. As long as support holds at that range, we’ll be expecting to see a bounce. If that proves to be the case, we’ll need to identify a proper options trading target.

Likewise, we’re looking for an upcoming bounce on the SPY which got drudged down along with the market yesterday. We may have an interest in trading SPY Calls, and should be ready for a rebound to come at any time.

SPIR (On Bottom-Watch)
We want to quickly make a note of SPIR as well. The stock fell to new 52-week lows yesterday; we always like to monitor plays like these for potential bottom bounces.


Extended Watchlist:
APT, OBCI, IBIO, DYNT, LAKE,

Blue Horseshoe Stocks: AAN, RFMD, FTNW & Extended Watchlist

Aarons, Inc. AAN – Options

One item of interest that we’ve been waiting to touch upon is AAN. We’ve watched as the stock has taken quite a beating over the past few weeks, and are presently scanning for a bottom. After losing so much ground over so short a time period, when support is found, the recovery on AAN could end up allowing for some rapid profits in the options chain.

While we need to first observe a solid base of support before setting our short-term call strategy, there are already a pair of longer-term contracts that we’re going to put on watch. The November 22nd $29 and $30 Calls (trading yesterday at 3.20 and 2.05, respectively) could see significant rises in value once a reversal occurs on the chart.


RF Micro Devices, Inc. RFMD

We brought RFMD up as a topic of discussion this past Friday, mentioning that the spike catalyzed by the release of record revenues was likely to lead to a classic ‘dip-and-rip’ scenario. That keen instinct has thus far paid off, as the stock did indeed dip to 10.74 before rebounding as high as 11.79 (+10%), achieving higher lows each day over the past four sessions.

As a result of the trend, we’re going to have our eyes on the September $12 Calls, which closed at .70 yesterday.


FTE Networks, Inc. FTNW

FTNW hit our news scanner this morning and will be a stock that we monitor as the trading session opens today. The PR alludes to some lucrative contracts, so we’ll be interested to see how it reacts to such significant press.


Extended Watchlist:
LPSN, FCEL, EVRY, ROSG, USU, JRN, TSLA (Earnings report)

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