Blue Horseshoe Stocks: RSH Updates & More

RadioShack Corp. RSH

RSH found new highs early in the session after we tagged it in yesterday morning’s extended watchlist. Word got around that RSH was reportedly offered a $500M bankruptcy loan, and it sent the stock quickly from a low of .43 to .55 which registers as a 28% intraday rip.

That marks the second time in the past several months that we caught RSH coming off of a new 52-week low and were afforded a rapid gain opportunity as a result. The last time was back in August when we tracked the play from its then annual low of .55 all the way up to the 1.60-area.

As of the end of 2014, the company was only short roughly $40M of the $100M in cash/credit needed to avoid having its long-term finance nixed, so this loan could certainly alter circumstances. We’ll be paying close attention for updates on whether the terms will be accepted by RSH.


Top Shelf Brands Holdings, Inc. DKTS

We wanted to do a quick update on DKTS this morning; the company came with some late morning news yesterday regarding the updated status of its recently announced teaming with Big Tent Media. Apparently Big Tent has already found a suitable partnership for DKTS with regard to the public release of its upcoming beverage line; Konvict Records, which was co-founded by well-known R&B singer Akon.

The marketing power of celebrity endorsement has been demonstrated time and time again, particularly in the premium spirits industry. Countless celebrities have successfully launched branded beverages, and DKTS hopes to capture the same sort of recognition for its brands. It’s a story to which we are definitely interested in staying closely tuned.

You can follow the link below to the corresponding PR, but first we’ve prepared a followup video on the DKTS Chart, click below to check it out:

HOUSTON, Jan. 13, 2015 /PRNewswire/ — Alonzo Pierce, CEO of Top Shelf Brands Holdings, Inc. (a Nevada Corporation) (DKTS), is pleased to announce that Big Tent Group, has secured a partnership for Top Shelf Brands with Groovlyne/Konlive Distribution/Konvict Records that will create a competitive edge for Top Shelf Brands in the alcohol beverage industry. >>>VIEW PR

More Info on DKTS @ DrinkTopShelf.com


Extended Watchlist:
RGDO, ZIOP, SMSI, BEBE, OCN

Blue Horseshoe Stocks: End-of-Week Updates

Update on This Week’s Options Calls

Sensing the overall trend in the markets yesterday led us to profess our interest in Options Calls on these big-board stocks. It turned out to be a good decision- it wouldn’t have mattered which options chain you went with, gains were possible with all four:

FB, GOGO, PCLN, TSLA

The biggest opportunities came with GOGO and TSLA, but we’re still looking at call contracts for all of them. Additionally, we want to add FEYE and DDD to that mix as we head into the upcoming long weekend.

We’ve also been tracking AAPL Calls intensively over the past several sessions, and the stock did in fact hit new highs in the $609’s yesterday, so we’ll keep ourselves hot on the trail of potential gains in the Apple options chain as well.

It isn’t every day that we track options calls so heavily, but when we do, it seems to work out for us more often than not.


Royale Energy, Inc. ROYL

ROYL was a particularly bright spot on yesterday’s Extended Watchlist. The stock began to run right out of the gate, rapidly appreciating from it daily low of 3.12 to a subsequent high of 4.12.

That was a solid intraday move of 32% on nearly 39x its 3-month average, perhaps largely due to the PR that hit the wires yesterday:

SAN DIEGO, May 22, 2014 (GLOBE NEWSWIRE) — Royale Energy, Inc. (ROYL), announced that Rampart Energy, Ltd and Royale Energy, Inc. are pleased to jointly issue an update to shareholders and stakeholders on the seismic received:

HIGHLIGHTS

  • Large conventional target up to 20,000 acres in size;
  • Strongly supported by Direct Hydrocarbon Indicators (‘DHI’s’);
  • Joint interpretation of the Big Bend Cube taking place in San Diego;
  • Very strong results dovetail into drilling plans with submission of key permits for approval by Alaskan regulators;
  • Prospective Resource assessment to be completed soon. >>FULL PR

We’ll most likely be monitoring this play for awhile, as positive results from that upcoming ‘Resource Assessment’ could drive even more interest ROYL’s way.


Extended Watchlist:
OWW, RNA, IDN, WAVX, LIQD, IVAN, ZIOP

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