Tag: UPIP

Blue Horseshoe: PBR, MLCG, MNGA & Extended Watchlist

Petroleo Brasileiro SA Petrobras (PBR)

We spotted this NYSE stock recently as it has bounced off of 10-year lows. PBR is going to be one that we monitor on more of a long-term basis. It has been awhile since we’ve come across a good recovery play, and the conditions on the PBR chart certainly point to the possibility of some nice upside potential.

As we point out on the following chart, PBR needs to break key resistance at 11.84 and 12.50 in order to make a run at the gap on its chart from 14.50-15.70. The filling of that gap from current prices would spell gains of more than 35%

In the meantime, we’re looking at the the PBR Options chain. The May 2nd $12 Calls could be promising, in the event that we continue to see a general recovery. Those contracts that are currently trading in the mid-.30’s could be worth as much as 3.00 if the stock returns to the $15-level.

For a quick daytrading idea, we are looking at the $11 Calls that expire at the end of the day. It appears as if PBR wants to gap down to start the session and we may see a possible dip-and-rip scenario.

ML Capital Group, Inc. MLCG

Speaking of dip-and-rip opportunities, that’s what we saw out of MLCG yesterday. After a morning gap-up, the stock came down to .09 before taking off again to hit a high of .12, a 33% intraday gain.

MLCG has proved to be a volatile mover since we’ve been following it (03/05), and has risen as much as 227% from its recent four-cent low.

MagneGas Corp. MNGA

We’ve been following MNGA throughout the week. We saw it start out by coming from a low of 1.15 on Monday, and subsequently run up to 1.78.

It then bottomed out in the low 1.20’s around mid-week, only for yesterday’s news that the company had been commissioned to provide torch-cutting fuel to four major demolition projects, carried it back up to 1.66.

We’re now watching its activity as it pulled back a third time, finding support at the 1.43-level, and is currently gapping up to reach new highs in the 1.90’s. From Monday’s low of 1.15, to this morning’s high of 1.97 marks an overall increase of 71%

Extended Watchlist:
UTRM, UPIP, DEJ, PAL, AVEO, GNK, RGSE, BGMD, ECYT

DUSS, ILST, TSLA, AAPL, ATRM & Extended Watchlist

Dussault Apparel, Inc.  DUSS

On Tuesday, DUSS released an 8K containing information regarding its pending acquisition of a gold mining property. This adds substance to this very cheaply-priced stock, and with Wednesday’s session seeing a high of .0011 on more than 10X its 3mo. average volume, now is a good time to start monitoring this stock.

The last significant spike on the DUSS chart took it as high as .0015, so a return to those levels from here could facilitate gains in excess of 50% or more. We’d like to see support continue to hold at .0006-.0007 in order for us to remain interested.

International Star, Inc.  ILST

We are introducing a new momentum play in ILST today. Like DUSS, ILST represents a company that has just shifted its business toward the mining sector.  Wednesday, the stock woke from a slumber, and moved from a low of .001 to as much as .0034 on record volume.

The company is currently working toward getting their claim prepared for production. The Van Deemen Mine property consists of five un-patented claims totaling approx. 100 acres, and an additional 18 un-patented lode claims in the surrounding area. As with any junior mining project, the road to production can be a long one, so there’s no sense of urgency here. But at its current price level and at this stage of the story, we thought it would be a good time to put ILST on the radar, and begin following its journey.

Tesla Motors, Inc. TSLA – Options Ideas

Turning our attention to options trading, we are taking a look at TSLA. With the current conditions on the chart appearing favorable for an uptrend, we are looking at 12/21 $120 Call, which last traded at 11.35, and 12/27 $130 calls, last traded at 6.35.

As you can see on the included chart, conditions appear to be gearing up nicely for a possible surge in PPS.

Apple, Inc. AAPL – Options

AAPL is another candidate to provide us with some good options-trading opportunities based on current conditions. AAPL weekly Calls could provide a nice day-trading opportunity today that could yield fast profits. We want to radar the 550, 555 and 560 calls, because all week long, AAPL has been making huge gains and the weekly Calls have made multi-bag gains.

If today’s action can repeat the activity we saw earlier in the week, we could be looking at some sizable gains from these Calls. AAPL $550 calls closed at .80, $555’s closed at .30, and the $560’s were at .12. It’s always safer to play closer to the money with your strike price, so we’re keeping that in mind. If AAPL can’t make its way past $555, the $560’s may not make the same kind of moves that expect from the $550’s and $555’s.

Aetrium, Inc. ATRM

We’ve been talking about ATRM since last Friday, and highlighted it once again on Monday. It would pull back early in the week, and then on Wednesday we got the move we were looking for. From Tuesday’s low of 4.19, the stock would hit a high of 12.40, marking a possible gain of up to 196% for anyone who loaded up on the dip.

Extended Watchlist:
INOL, JCP, DRYS, DSS, FRO, ZOOM, UPIP, GNK, EGLE

Blue Horseshoe Kicks Off 2013 With a Bang

We ended 2012 on a high note, and as anticipated, started 2013 off with a bang. We have found several high flying runners this week. We have noticed a heightened liquidity in the penny markets, and its a great feeling to see the momentum providing us with opportunity to make triple digit gains left and right. The following is a list of just a few of our winners so far this year.
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AXCG appeared on our extended watchlist on Jan.4th, AXCG was as low as .0006 at the time, and at yesterday’s high of .0026, we have had the opportunity for up to 333% in gains. Both AXCG and NOK earned us top spot in the Penny Stock Rumble after appearing in yesterday’s report .

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Aqualiv Technologies, Inc. AQLV

AQLV was another prime example of high volume high volitility action after we included it in our extended watchlist Wednesday afternoon and Thursday morning.

The stock had some news earlier in the week, pointing to a new acquisition which adds approximately $4.5M in total assets to the balance sheet; another reason we’ll be following this play into the foreseeable future.

AQLV Video Chart

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Sitoa Global Inc. STOA

Early in the week, we caught STOA from .0095-.065, racking in 584% in just two trading sessions.

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Amicus Therapeutics, Inc. FOLD

We started tracking FOLD last Friday, taking notice of a huge gap on chart dating back to December that needed to be filled. So far FOLD has traded from 3.45-4.23 for a gain of 23%

The RSI and the Slow STO both got above the 50-line and the 50MA overlay, and the histogram recently flipped up to the bullish side, continuing to build up. The PPO just crossed over, and is diverging. All in all the chart on FOLD currently has a nice set-up.

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Gulf United Energy, Inc. GLFE

We are presenting GLFE as a momentum play this morning after catching it on our scanners yesterday. We posted a blurb on our Facebook pages in the afternoon at .004, and saw a subsequent high of .0059, for a nearly 50% rip.

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Scout Exploration, Inc. SCXN

SCXN has appeared on our watchlists a few times this year, and we are adding it as a focus today as the stock is moving above its moving averages, and setting up for what could be its next run.

SCXN’s previous high was at .39. A return to those levels from the current price would reflect gains of roughly 30%, a break past, and we are in blue-sky territory.

SCXN Video Chart

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Extended Watchlist:

UPIP, DNDN, ERBB, AAPT, AMBS