Tag: WFC

Blue Horseshoe Stocks: GNID, SGBY Reviews & More

GeneSYS ID, Inc. GNID

GNID was far and away the best call from yesterday morning’s report. It wasted no time running out of the gate hard, and making a huge push from its morning low of .078 up to .205 before lunchtime.

That impressive move worked out to an intraday pop of 163% on greater-than-average volume, a highly respectable single-session run.

The stock maintained more than half of its daily advance into the close at .15, and registered higher highs and higher lows for the fourth straight day, so we’ll keep it on our radars moving forward in the event of a continuation of that pattern of momentum.

Signal Bay, Inc. SGBY

We tracked SGBY on a major run at the beginning of this month that took the stock from a low of .0103 up to .03, a 191% swing. It spent the following weeks under consolidation, ultimately finding support off of the .0068-mark last week.

Yesterday, SGBY had returned to a high of .02, marking yet another upswing, this time amounting to 194% We’re going to want to stay on SGBY’s trail as we cruise through midweek, as a return to the highs we witnessed at the beginning of the month from current PPS levels would spell gains approaching 100%

Extended Watchlist:
DRRX, NGBL, ASCK, STXS, NSRS,
WFC (In-the-Money Calls)

Blue Horseshoe Stocks: Options Updates, BLTA Recap & More

Shire plc SHPG – Options Update

Yesterday morning, we focused in upon a range of options contracts in the SHPG chain, and the headliner from that group turned out to be the SHPG Weekly $180 Calls. The stock itself made a run from around midday into the close and exceeded the $180-mark, facilitating a double-bag intraday move out of those contracts.

The $180’s soared from a low of 1.76, running as high as 4.26 for a highly respectable single-session pop of  142% 

SHPG is gapping up in the premarket this morning, so we’re going to let it remain a point of focus for us today. We’ll be on the lookout for the possibility of another dip-and-rip formation, and as the situation may dictate, roll up our strike price to the $185-level.

 Baltia Airlines, Inc. BLTA

BLTA was an item from yesterday morning’s premarket watchlist, and despite getting off to a slow start, the stock actually made a solid intraday move that offered up the chance at appreciable gains.

We observed the stock’s daily low come in at .0017 before seeing a bounce take it to .0027, which amounted to a solid 59% swing. As you can see from the following chart snapshot, there are a number of indicators which suggest some upside potential still remains. We’ll want BLTA to maintain support in the highlighted channel in order to hold our attention.

Fresh Options Idea – Wells Fargo & Company

WFC has put together a couple of solid sessions this week to rebound off of a recent relative bottom, and appears to be setting up for another one today as it gaps up in the premarket.

Not only has it just received an analyst upgrade, but the company will report Q4 earnings on Friday morning prior to the opening bell. We’ll look to take advantage of the wave of anticipation and possibly see some nice activity in the WFC 02/12 $52-54 Calls.

Extended Watchlist:
TRTC, TPAC, AHIX, TALK, AWGI, MAXD

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