Blue Horseshoe Stocks: Options, Bottom-Plays & More

Twitter, Inc. TWTR – Options Idea

We have yet to talk about TWTR in 2017, namely because the stock has been in an overall downtrend over nearly that whole span. However, in recent weeks, it found a bottom and slowly has begun stair-stepping its way to a recovery. That process is getting a kick in the pants this morning with a significant morning gap up on the heels of Twitter’s earnings. The company posted losses, though not as big as expected, while also reporting an increase in users.

We’re going to see about possibly using the commotion to our advantage with a range of options ideas. Provided TWTR can maintain support at or above its 50DMA (15.19) on any pullbacks, we’re going to be interested in tracking the activity in the TWTR Weekly $15-16 Calls, on which we’ll be looking for a classic dip-and-rip pattern. If properly timed, it could spell some big gains in those contracts.


Apricus Biosciences, Inc. APRI

We want to put APRI on our radars today as a potential bottom-bouncer. At the beginning of the year, from a level comparable to current prices, the stock ran into the mid-$3 range. Now, after a long period of getting beat back nearly to its annual low, it is showing signs of a rebound that we’d like to monitor on the chance that it turns into a full-scale reversal.

You can see just what we mean on the snapshot below. The RSI is indicating that APRI is about to enter extreme oversold territory, while the MACD is just beginning to curl upward and show some convergence. We wouldn’t be surprised to a see cross in the days ahead.

Even just a run back to the 200DMA from here would be a move of almost 100% so we’ll definitely want to keep an eye peeled.

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NoHo, Inc. DRNK

We’ve been saying how hot the super-subpenny market has been recently, and the trend has been persisting now for quite some time.  We initially slated DRNK for observation in Monday’s premarket report, after which we saw a soild 70% pop from a low of .0003. We stated as much in yesterday’s report, mentioning that we’d certainly want to continue to pay attention, based on a number of factors.

The stock did manage to record a new high for us for the second straight day, making an intraday move of 50% from .0004-.0006, and extending our two-session observed range to a nice, round 100%


Extended Watchlist:
AAGC, KALY, AKBA, CETV, SDLP, UQM

Blue Horseshoe: New Marijuana Stocks, PLUG & More

Home Treasure Finders, Inc. HMTF

HMTF is the first of two new players in the cannabis sector that we wanted to put on our radar this morning. We’ve seen far too many of these stocks, even if the decision to enter the pot sector was arbitrary, subsequently blow their tops as traders clamor to position themselves for the latest hot ticket. At this point we’ve seen it happen so much, that reason alone is enough to call our attention to HMTF.

The interesting twist behind HMTF, is that unlike some of the other plays in this space, it is transforming its original business to fit the market. Previously a real estate acquisition and leasing firm, the company will now direct focus toward developing marijuana cultivation properties with the express intent of leasing them out to licensed growers.

DENVER, Colorado, March 10, 2014 /PRNewswire via COMTEX/ — “Home Treasure Finders, Inc. (OTCQB: HMTF) (“Company”) is pleased to announce that on March 3, 2014 the Company formed a wholly owned subsidiary, HMTF Cannabis Holdings, Inc. to purchase and improve properties that qualify for legalized cultivation of marijuana. We anticipate that our properties will be leased to licensed third party cannabis growers.

Corey Wiegand, CEO, stated “We are activating five projects which we foresee will total 125,000 square feet. We are in negotiations with lenders, land owners and growers. >> FULL PR


OSL Holdings, Inc. OSLH

Another company that is newly taking the plunge into the marijuana sector, is OSLH. In this case, it’s by way of partnering with a well-known Californian dispensary, “The Natural Way of L.A.”. After dipping its toes in the water, so to speak, the company intends to explore other opportunities relating to Colorado and Washington, the two states which have already green-lighted recreational use marijuana. Colorado, as you well know, began legal sales at the beginning of 2014, and Washington is slated to begin its own in June.

OSLH looks strong in premarket trading this morning. This is definitely a high-potential play to kick off the week, from the current looks of things.

ORANGEBURG, New York, March 10, 2014 /PRNewswire via COMTEX/ — OSL Holdings Inc. (http://www.oslholdings.com), (OTCQB: OSLH) (“OSL” or the “Company”), a technology company, announced today its entry into the legal marijuana market. OSL Holdings has contracted with one of the oldest legal medical marijuana dispensaries in California, The Natural Way of LA, to develop marijuana production facilities in California. OSL intends to form a separate subsidiary to create production facilities in states that presently have legal medical marijuana dispensaries and also position itself to accommodate the growing recreational markets in Colorado and Washington and elsewhere as legal recreational markets emerge. >>FULL PR


Plug Power, Inc. PLUG

PLUG is definitely going down as one of our most successful picks of all time. Let us give the short rundown of our history with this play. Beginning in mid-February of 2013, we began tracking this stock, and around that time, we observed a low of .1155. PLUG spent the rest of 2013 rising gradually, and by the end of the year, had already broken the 2.00-mark.

By the beginning of this year, PLUG had taken another several leaps forward, and at the end of last month, reached a high of 4.64. Even then, our potential max gains on this play were an astounding 3,917% but PLUG was only just beginning to heat up.

On Friday the stock reached a new high of 8.35! That marks a hefty 80% increase from our alert on 02/27, and an incredible overall move of 7129% from our initial alert low, and that doesn’t even include the increases we are seeing in positive premarket trading action this morning.

Part of the reason PLUG got another boost, could have been the vast exposure the company got on Friday when CEO Andy Marsh appeared in a CNBC interview. Check that out to learn more about the company and the direction in which it’s headed.


Extended Watchlist:
RGDO, MEET, UVFT, FCEL, BLDP, MATR, RVLT, NWBO, ATRM, UQM, CQB,

BOSC, PSUN, ETAK, TGRO & Extended Watchlist

BOS Better Online Solutions Ltd. BOSC

Pacific Sunwear of California, Inc. PSUN

& Elephant Talk Communications, Inc. ETAK

Each of these three stocks traded up on unusually high volume on Friday after appearing in our Extended Watchlist, and wrapped up what was a very successful week of trading.

BOSC tapered back from opening above 9.00, and found its bottom at 7.9001. The stock then proceeded to rebound, bouncing back as high 8.80 for a nice 11% intraday gain on more than 10X the 3mo. average volume.

PSUN increased steadily all day on Friday, running from 2.92 to 3.44, good for a gain of 18% on roughly six times the 3mo. average volume.

ETAK saw a low of 1.01 on Friday, and enjoyed a respectable 17% gain to a high of 1.18, besting its average volume by more than 4X.


Tiger Oil & Energy, Inc. TGRO

We caught TGRO on a scan for plays with unusual activity, and thought we’d mention it this morning. This is a stock that was trading by appointment only for quite some time, that has sprung to life all of the sudden.

This comes shortly after a recent press release citing a proposed partnership with Toto Energy, LLC, wherein the two companies would undertake a joint venture of drilling up to three gas wells, in which TGRO would have a 30% interest. >>>More on the Joint Venture


Extended Watchlist:
RDCM, ADXS, UQM, HEB, ROSG, YRCW, GERN, BIEL (Coming off bottom with news)