Tag: XGTI

Blue Horseshoe Stocks: SPOM, SRPT Recaps & More

Winning Pick Review

SPO Global, Inc. SPOM is a subpenny play that appeared in yesterday morning’s premarket report, and we got some good action out of the stock on our first day of tracking. We witnessed a run from .0042-.0058, which marked a respectable 38% pop on more than triple its monthly average trading volume.

Sarepta Therapeutics, Inc. SRPT – We began talking about SRPT last Wednesday, and cleaned up with a couple of ideas we had for trading weekly options contracts. We tagged it once again in yesterday’s watchlist, and the stock went on to set a new high. It traded in an intraday range from 14.52-18.14 for a 25% gain on the day. The stock is gapping up morning. From our observed low on Wednesday at 10.45, today’s high of 18.80 represents a 80% swing overall.

xG Technology, Inc. XGTI

We’ve tracked this stock in the past, most recently mentioning it in our report on 04/21. It took a few sessions beyond that to see the stock find support at .08, but we’ve seen it inch its way up since, and this morning we witnessed a premarket high of .1751 in the stock.

It marks an upswing of 150% over our observed low, and signals us to pay careful attention in coming sessions.

Pernix Therapeutics Holdings, Inc. PTX

PTX is another stock catching our interest after we noticed some abnormal activity on the heels of a large investor boosting his stake in the company while it had simultaneously reached a new 52-week low.

The stock is moving again in the premarket, and will be another worthy candidate for our watchlist as we head into midweek.

The last time one of our tracked plays caught momentum off of a large institutional investor taking up a big position was VLTC. Some of our more seasoned followers will surely remember that stock and the astronomical moves it made in such a situation.

Extended Watchlist:
AWGI, CRDS, CBBT(Abnormal Volume)

Blue Horseshoe Stocks: Options, Bottom-Play Updates & More

Options Updates

We formulated our first options ideas of the week yesterday morning, and unsurprisingly, we hit on each and every one of them. Our acumen when it comes to identifying quick-strike options plays is really top-drawer, a fact to which any of our regular readers can attest.
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Bank of America Corp. BAC

We took note of BAC 07/15 $15 Calls yesterday, which had extremely high open interest to the point of suspicion on our part. We were right  to want to follow the money in this case, because despite the fact that we have designated this a longer-term play, the potential returns were instant. Those contracts traded up from .51-.71 for possible gains of up to 39% on the day.

We’re certain that our observed range is going to increase even further with BAC having cracked the $15-mark here in the premarket this morning. Should the stock follow up yesterday’s session with another bullish performance, things could get very interesting, very quickly.

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ProShares Short VIX Short-Term Futures SVXY– Our targets here were the SVXY Weekly $53.50-55 Calls and despite the SVXY closing slightly down on the day, we first witnessed some nice intraday moves to the upside that facilitated opportunities for the following gains:

$53.50 Calls – Trading Range: 1.60-2.10 – Max Gain: 31%
$54 Calls – Trading Range: 1.50-1.70 – Max Gain: 13%
$54.50 Calls– Trading Range: 1.10-1.65 – Max Gain: 50%
$55 Calls – Trading Range: .74-1.25 – Max Gain: 69%
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FRESH OPTIONS IDEAS:

We won’t leave you hanging solely with an update from yesterday’s action- we’ve got a couple of fresh ranges to monitor in the GM and UA options chains as well. In both cases we’ve got stocks that are gapping up on the strength of earnings beat this morning. Our corresponding ideas are as follows:

General Motors Co. GM – Weekly $32-34 Calls

Under Armour, Inc. UA – Weekly $45-48 Calls

Bottom-Watchlist Update

We placed RNVA and CLMT on a bottom-watchlist at the end of yesterday morning’s premarket report, following a newly registered 52-week low for each of them on Tuesday. We just wanted to rehash those ideas this morning, as both plays rebounded off of their lows in a stroke of excellent timing on our part.

Rennova Health, Inc. RNVA traded in a range from .57-.70, an intraday gain of 23%, while Calumet Specialty Products Partners CLMT made a 16% move from 4.64-5.39.

Now we’ll just want to verify the reversal in each case by monitoring the stocks in sessions to come for telltale signs of a continued recovery.

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We’re also going to signal interest in The ONE Group Hospitality, Inc. STKS for an extended-term bottom-watch.

Extended Watchlist:
APRE, SBES, XGTI, CPLP, CEQP,

Blue Horseshoe Stocks: PZOO News Update

Pazoo, Inc. PZOO – Update

We began turning our attention back to PZOO at the end of last week, and provided an update on Monday on it’s 24% intraday run. We’ve talked about wanting to see it maintain support at or above the 50DMA, and so far it has done a good job of that, closing well above that mark at .0073 yesterday. Key areas of resistance are built up at .008, .01, and .011.

This morning, the company has provided a news update that we feel is quite worthy of passing along. It pertains to the growing success of the AccuVape line of multi-medium electronic vaporizers, so definitely check that out below.

We’ve also prepared a video highlighting some of the key points of the PZOO Chart:

WHIPPANY, N.J.,, Sept. 2, 2015 /PRNewswire/ — Pazoo, Inc. (OTC Pink:PZOO), is pleased to report that its 100% wholly-owned subsidiary CannabisKing Distribution, LLC. has experienced an accelerated rate of new sales of AccuVape. Over the past two weeks, over 10 new accounts have been signed up with Cannabis King…

In the next few weeks, CannabisKing expects to begin marketing additional product lines currently listed on its recently launched website at www.cannabiskinghq.com.   (>>>VIEW FULL PR)

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You can also review the PZOO earnings call released this week which contained a lot of important information. >>>Read Transcript or >>>Listen to Call

Extended Watchlist:
AXPW, XGTI,VRA,TRVN,
HRZN(Double-Bottom Setup)

Blue Horseshoe Stocks: Fresh News Plays & More

Fresh News Plays

We’ve got a couple of stocks that we’ve been tracking this summer coming out with noteworthy press in the early hours this morning, we’re going to want to increase our alertness level for each of them as we kick off a new trading week.

NuGene International, Inc. NUGN –  NUGN is appearing in the news feed with a substantial revelation at an opportune time this morning. The stock took an absolute beating last week, and just began to find its footing off of a previous support level on Friday. At the moment the stock is extremely oversold. Coupling that with the addition of this morning’s PR announcing the company’s Q2 revenue growth of more than 150% over the prior year, conditions could be just right for a rebound. We’ll be on a sharp lookout for that possibility.

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AVEO Pharmaceuticals, Inc. AVEO

AVEO stock is gapping up immensely in premarket trading on the strength of a deal the company just announced with Novartis. The potential for both a momentum play and/or a bounce play is elevated. We’ll need to see it maintain support at or above 2.20 (a previous resistance point) on any pullbacks to remain interested. With high profile news like this, it’s quite possible that it will do so.

AVEO Oncology (AVEO) today announced an exclusive, worldwide license agreement with Novartis for the development and commercialization of AVEO’s first-in-class, potent, humanized inhibitory antibody targeting growth differentiation factor 15 (GDF15), AV-380, and related antibodies>>>Full PR

Tesla Motors, Inc. TSLA – Options Idea

We’d like to submit a potential options trading idea to start the week. Morgan Stanley has raised their price target on the stock (Currently valued in the mid-$250’s) from $280 to $465, and TSLA is gapping up on the heels of that announcement. As a result, we see the potential for some intraday and/or intraweek trading opportunities in the range of TSLA Weekly $250-265 Calls.

Extended Watchlist:
ZU(Gapping Up), SFXE & XGTI(Both Oversold, on Bottom Watch)

Blue Horseshoe Stocks: IMGN, AURI Reviews & More

ImmunoGen, Inc. IMGN

We were hoping for a strong start to the week yesterday, and IMGN was among those stocks to provide us with the spark to get it going. We tagged this play in yesterday’s extended watchlist after noticing it gapping up pretty heavily in the premarket.

From its opening price of 11.48, the stock soared as high as 15.88, a single session spike of 38% on volume that exceeded the 3-month average by more than ten times.

We’ll always continue to keep watch over a stock on the tail-end of such a momentous burst, as there may be rebound opportunities presenting themselves on any pullbacks.

Auri, Inc. AURI

Speaking of bounceplays, AURI ended up turning in an impressive intraday performance yesterday. Just as we were patting ourselves on the back for catching a 92% pop in the stock on Friday, we explicitly suggested that there could be added opportunities forthcoming, stating:

“We won’t disregard the possibility of a bounceplay once the stock establishes firm support, so we’ll be on the lookout for that.”

We didn’t have to keep a lookout for long, because after dipping down to find support at .003 quite early in the session, the stock banged out another huge move for us, running all the way up to .0064. That marked an intraday swing of 113% and occurred on nearly three times the monthly average volume.

We’ll keep our eyes on the price action as the week progresses, being interested to see how this morning’s publications of New Shareholder Updates & Current Status and new sales distribution channels are received.

Oncothyreon, Inc. ONTY

We also flagged ONTY in yesterday’s report, and it made a notable intraday move as well. The stock traded in a range from 3.78-4.69, providing folks with the chance at modest intraday gains of up to 24%

Our timing in re-alerting this play yesterday was beautiful, as the daily high also registered as a new 52-week high. When calculated from our observed low of 2.80 following our initial alert on the stock on May 22nd, it comes in at an overall increase of 67% in just over a week’s time.

DirectView Holdings, Inc. DIRV

As we’re all aware, 2015 has been a year of heightened tensions between civilians and law enforcement, showing the growing need for more oversight into police operations. We successfully used the beginning of this trend to trade TASR options earlier this year, and we’re going to radar DIRV as a similar type of play in the microcap arena .

Like TASR, the company produces body-worn cameras, the implementation of which has been an exponentially growing trend in cities across the country this year. This morning we learned that the company has been testing on a special line of the products that includes mobile broadband technology. >> READ PR

In addition, DIRV is building a cherry of a chart at the moment, as we point out with the annotations below. We’ll place it on our watchlist moving forward.

PLUG Power, Inc PLUG

We recently rementioned an old favorite, PLUG, and said that we wanted to see it get back  to trading above its 50DMA and the stock has done that. It has been doing a good job of holding support above that mark (Currently 2.61) and we wanted to point out the PR that hit the wires this morning.

Extended Watchlist:
AVEO, VICL, CDTI, XGTI, OHGI

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