Tag: WPCS

Blue Horseshoe Stocks: NBEV Bottom Bounce & More

New Age Beverages Corp. NBEV

We tagged NBEV as a possible bottom-bouncer in our premarket report yesterday morning, and stock has definitely risen to the occasion with the beginnings of what could be a significant rebound.

The stock had been trending down for the better part of the last six months, having started the summer trading at more than $6/share. It seemed a good time to call a bottom, and so far our idea is looking good.

While it’s off to a slow start, rising just 17% from 2.20 to 2.58 yesterday on its highest volume in over four months, we feel good about the chances of a more sustained move, especially with the stock hitting a new high of 3.42 in the premarket today. From yesterday’s low that’s already a swing of 55% We’ll be sure to keep an eye peeled for further movement from this bottom bouncer.

Delta Air Lines, Inc. DAL 

We’re no strangers to trading DAL options. It has traditionally been one of those companies we can count on to provide good post-earnings opportunities after a beat, and today the company exceeded expectations across the board in their Q4 report.

We’re are going to signal a range of contracts which will be expiring tomorrow to try to garner some rapid-strike chances. Our targets are going to be the DAL Weekly $57-58 Calls.

Extended Watchlist:
CNET, DPW, DST, FNJN, IBIO, RMGN, WPCS

Blue Horseshoe Stocks: TWMJF Review & More

INSYS Therapeutics, Inc. INSY

We’ve had cause to mention our options idea for INSY every single trading day since we formulated them last Wednesday morning. The stock itself during that span has traded up from a low of 7.64, to yesterday’s impressive new high of 14.00. That’s a gain of 83% in and of itself, and it has really showed some fantastic moves in our options targets, the INSY 01/19 $8-10 Calls.

Despite already providing the chance at gains ranging from 150-350% leading into yesterday’s session, as we mentioned in our premarket report, we were still bullish on the ideas, and were rewarded once again. As INSY roared to its new high on the chart, the following new highs came to our tracked contracts as well. The ranges represent the overall move from our initial alert on Wednesday until the present.

$8 Calls – Range: .90-5.80– Max Gain: 544%
$9 Calls – Range: .60-5.10 – Max Gain: 750%
$10 Calls – Range: .70-4.10– Max Gain: 486%

More Pot Stock Updates

Yesterday morning, we commented on the rapidly intensifying cannabis sector rush, and provided updates on two stocks (ACBFF and TRTC) we highlighted in our “Cannabis Commentary” report on November 7th.

Today, we want to pull two more of the stocks from that report and give updates on the moves they’ve made since then, to illustrate the widespread run on the cannabis sector in general; something we’ve been foretelling for months now.

Aphria, Inc. APHQF – Range: (11/07-Present): 6.1434-17.50 – Max Gain: 185%

Canopy Growth Corp. TWMJF – Range (11/07-Present): 13.0464-28.884 – Max Gain: 121%

Added Note: Aurora also went on to set new highs yesterday, piling on even more to the nice gains we were mentioning in our premarket report:
 ACBFF –  Range: 2.7776-11.80 – Max Gain: 325%

Extended Watchlist:
FTFT, RACE, FRO, CHCI, CNET, OMF, WPCS, BURG

Blue Horseshoe Stocks: Options Roundup

GW Pharmaceuticals plc GWPH
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We said we’d be looking for action in the  in the GWPH Weekly $125 & $130 Calls yesterday after we learned the company had reacquired the rights to develop Sativex, a 1:1 THC/CBD extract blend oral spray product.

The result was a run from the stock that brought it to its highest PPS since March, and that move facilitated some very nice activity in our designated contracts. The $125 Calls saw a move from  3.00-5.90 for gains of up to 97%, while the $130’s tore up the chart, running a whopping 900% from .15-1.50!

There’s also a reasonable chance the solid trend could continue today, so we’ll be sure to stay on the lookout for that.

Fresh Options Ideas

Under Armour Inc. UAA – First up for new options ideas this morning we’ve got UAA, which is building a heck of chart setup in the wake of the revelation earlier this week that the company’s third-largest stakeholder had increased their position.

We’re going to set up shop with a short and extended term idea, homing in on the UAA Weekly $13.50-14.50 Calls, in addition to the 01/12 $14.50-15.50 Calls, in the event that its recent run of bullish activity is set to continue over a longer time frame.
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Adobe Systems, Inc. ADBE – In the case of ADBE, the company posted beats on both revs and earnings for Q4, and we’re always looking for a good post-earnings options trade. We’ll look to the ADBE Weekly $175-180 Calls.

Extended Watchlist:
RIGL, LFIN, RIOT, WPCS, GFI