Blue Horseshoe Stocks: Options, Bottom-Plays & More

GoPro, Inc. GPRO – Options

GPRO’s Q1 earnings beat on revenue and profits causing quite a surge in PPS. Yesterday the stock traded up from the $45-range to the $47-range, and this morning we’re observing a sizable gap-up, as GPRO has already changed hands for as much as 53.54 in the premarket.

In the midst of all this, we’ll be on the lookout for chances with GPRO Weekly Calls, most likely in the range from $49-51.50, with our strike price being dependent upon where the stock ultimately finds support off of this morning’s early highs.

It would fulfill a classic dip-and-rip scenario which by now, as our regular readers are well aware, is one of our favorite chart setups.


Windstream Holdings, Inc. WIN

We also want to point out the nice intraday move made by WIN following its inclusion in yesterday’s extended watchlist. The stock briefly touched a morning low of 10.71, before running 22% to a high of 13.05 on just under 4X its 3-month average volume.

The move came on the heels of upgrades for the stock from a number of Wall St. analysts, and over at one of our favorite data reference sites, BARCHART.COM, GPRO is currently receiving an 80% Short-Term “Buy” Rating.


LifeApps Digital Media, Inc. LFAP

LFAP is a potential subpenny bottom-play that is catching our attention this morning, and we wanted to pass it along to our readers. We’re always on the lookout for stocks trading at or near their 52-week lows, and not only does this one fit that bill, but the company also released some interesting news this morning.

At this price-point and in this situation, there’s always a chance for a nice rebound to provide quality opportunities for quick-strike trades.

SAN DIEGO, CA–(Marketwired – Apr 29, 2015) – LifeApps Digital Media Inc. (OTC PINK: LFAP) (“LifeApps”), an emerging growth company, and designer of m-health, fitness and sports applications (“apps”) has updated MDWorkout® its popular health app for Apple iPhone and iPad with integration with Apple HealthKit. >> FULL PR


Extended Watchlist:
MLER, ONCY, MCGC, GNW, ARNA

Blue Horseshoe Stocks: Another Big Move From PZOO & More

Pazoo, Inc. PZOO

We’ve been more than pleased with the performance of PZOO this month after coming back to follow it closely on the 1st. We’ve tracked it every step of the way as it has made its way from a subpenny low of .0049 (04/06) and streaked to impressive new highs following our morning report on Friday.

PZOO started from a daily low of .0123 and broke the key level of resistance at .014 (we pointed out in a video we published Friday afternoon) before running to close at its high of day at .016. It represented an intraday move of 30% and an overall increase of 227% over our observed low earlier this month.

We’ve drawn up another video demonstrating some of the PZOO chart highlights, and we’ve linked that below. In addition, Pazoo released another key PR this morning, and we’ve provided a link to that as well. We’d suggest our readers explore both links!

 

WHIPPANY, N.J., April 27, 2015 (GLOBE NEWSWIRE) — Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#:A1J3DK), is pleased to announce that as of today and more than a week ahead of schedule, the company has completely repaid the total of its obligations on its Convertible Promissory Note to Eastmore Capital LLC. >> FULL PR


Options Trading

Apple Inc. AAPL & Amazon.com, Inc. AMZN were the subject of our options-trading ideas on Friday. In both cases we mentioned an interest in looking for dip-and-rip scenarios, and both stocks did indeed follow suit. Our ideas for trading Weekly Calls in each would have paid off handsomely for anyone who took the initiative.

AAPL reports earnings today, and is gapping up significantly in premarket trading so we’re going to be on the lookout for opportunities in the Weekly $130-132 Range as we kick off a fresh trading week.


Molycorp, Inc. MCP

Some of our regular followers will recall our entering MCP into our reports on April 8th, and regularly revisiting it since then. Following our initial alert on this play we observed a low of .48, and the stock continues to press to new highs.

On Friday, MCP hit a new high of 1.04, which marks an impressive 117% swing from this stock inside of the past two weeks.


Enzon Pharmaceuticals, Inc. ENZN

We flagged ENZN for tracking on Thursday, after noting that it is another stock in which billionaire investor Carl Icahn has a stake. The stock made notable 16% intraday move on Friday, and we want to keep it on continual watch moving forward.

We covered VLTC recently as it made a truly historic move as a result of Icahn’s involvement, and are anxious to monitor any stock that draws the interest of such a high-profile investor.


Extended Watchlist:
SYMX, CANF, IBIO, WIN, CPRX, UEC

Blue Horseshoe Stocks: XUII and PLUG Updates

Xumanii International Holdings Corp. XUII

XUII continued to run following the afternoon update we sent out yesterday, achieving a new high of day just prior to the close at .0026, marking a full 100% move in just a single day. The stock closed just one tick below at .0025, and ended up trading 744M shares, well over 10x the 3-month average volume going into the session.

Moving forward, we’ll be keeping a close eye on XUII, which will need to maintain support at or above .0018 in the worst case scenario to hold our interest.  That would be our theoretical stop-loss point, and as you can see on the included chart, the next major area of resistance doesn’t crop up until .0033.

Based on the momentum into yesterday’s close, we may be looking at a gap up from XUII first thing this morning. Ideally we’d like to see the 50DMA of .0024 hold as support.


Plug Power, Inc. PLUG

Reigning as one of our most successful picks of all time, PLUG has appeared in our reports more than 40 times since we first caught it at .135, near all-time lows on February 28th, 2013. We tracked this play from those levels all the way up to an astonishing high of 11.72 roughly a year later, so PLUG will always hold a special place in our trading hall of fame, and never really get taken off of our watchlist.

We want to bring PLUG back to the forefront of the conversation again this morning, on the heels of a PR that just hit the wires, regarding a big purchase order from the world’s largest retailer. The stock is gearing up for a gap-up in pre-market trading, so we’ll want to keep a sharp eye on this one. This is the kind of press that can lead to rapid short-term gains.

ATHAM, N.Y., July 29, 2014 (GLOBE NEWSWIRE) — Plug Power Inc. (PLUG) today confirms the company has received a follow-on GenKey purchase order from Wal-Mart Stores, Inc. to add an additional, seventh, GenKey site to the original six-site contract it announced in February 2014. This additional site in Sterling, IL consists of 286 GenDrive fuel cell units and is planned to deploy in the third quarter of 2014. >> FULL PR


Extended Watchlist:
WIN, SIRI, FTR, CAMT, ARWR, BLDP, PGTI