‘The Street’ takes a closer look at the current gold situation:
Month: August 2011
Blue Horseshoe Stock Report for 08/09/11
Special Note: Tumultuous times are upon us as the markets have been taking an absolute beating. Yesterday’s dip in foreign markets foreshadows continued hardship for the US, however, we aren’t going to become fiscal hermit crabs every time everyone else tries to bury their heads in the sand. We press on, we move forward.
eMax Holdings Corp. EMXC
EMXC is doing just fine regardless of the troublesome markets, so we can only imagine how it would be doing amid more favorable conditions
We were accurate in our assumption that the stock would break its resistance at .0019, hitting a high of .0024 yesterday, more than 500% percent greater than its price at the time of our original alert.
We are next looking to see .0019, the previous level of resistance, be converted into our new support level, as new heights become possible for this stock. Our outlook remains positive.
Exit Only, Inc. EXTO
EXTO fell to its support in the low .005’s yesterday, and bounced. We want to monitor to make sure the PPS doesn’t try to creep below that level. We are anxiously anticipating new press outlining some more details/results of the company’s recently undertaken foray into gold production.
Uncertainties in the markets aside, the price of gold isn’t going anywhere but up. In fact, in a CNBC report, JP Morgan is reportedly calling for the price of gold to reach $2500 by year’s end.
Dinewise, Inc. DWIS
DWIS has begun to see some light volume trickling in over the past week or so, maintaining higher highs and higher lows. As we’ve stated previously, DWIS has a miniscule float, which will make for some interesting price action on an even a negligible surge in buying.
This stock will likely remain on our radar for the remainder of 2011 and on into 2012, much like OPRX.
OptimizeRx Corp. OPRX
OPRX is the real long term play that we may not tire from mentioning, possible for years to come. The arc of this company’s trajectory moving forward is pointed in a really positive direction. SampleMD has a real chance to crack into the insanely fast-growing electronic prescriptions industry, and take a sizable piece of the pie for itself. We couldn’t be more jazzed up about where we feel this stock is headed.
Those of you who STILL have yet to check out our OPRX Report, an excellent jumping off point for due diligence on this play, we urge you to please do so now. We aren’t being paid to suggest you look at OPRX, we simply don’t want to feel the guilt if others miss out on this thing when it goes viral.
The proof is in the pudding. As the stock dipped down to 1.10 yesterday, we were in there soaking up shares. As panic ensues around us, we remain calm, and view it as little more than a chance to be opportunistic.
Blue Horseshoe Stock Report for 08/08/11
OptimizeRx Corp. OPRX
OPRX is our long term play that we are planning on stocking with for months, if not years. We strongly suggest that this stock receives a spot high up on your watchlist. If you have yet to check out the short report that we put together on this play, then please do so now via the following link:
Dinewise, Inc. DWIS
It seems as if DWIS is establishing a new base for itself in the .095-.10 range, and we will be looking for that support level to hold. Last week brought a high of .13, which will be the level of resistance which we hope to break.
eMax Holdings Corp. EMXC
EMXC had an update on Friday. Despite heavy uncertainty in the markets, the stock rose 20% on roughly 50% greater-than-average volume. The chart has been one of the best we have seen in all our years of trading. At present, the MACD is showing signs of bullishness. We feel that once this play breaks its previous high of .0019, we are going to see significant added gains.
SALT LAKE CITY, Aug. 5, 2011 /PRNewswire via COMTEX/ — eMax Worldwide Inc. (Pinksheets: EMXC), www.emaxworldwide.com a diversified holding company, updates their shareholders on their progress regarding Dividends, Compliance, Buyback, and Operations. FULL REPORT
Exit Only, Inc. EXTO
EXTO has performed incredibly for us ever since we hopped on at .0025, having reached an impressive subsequent high of .003. The pullback on Friday to a level of .0051 before closing out the day at .0063 shows a hold of more than 50% of its gains, a sign that we are still bullish on EXTO.
Kiley Group, Inc. KGRI
We have been waiting for the next update KGRI. We are going to continue to weather the storm with patience, and continue to wait for it to find its bottom. Friday saw a selloff on over twice the average volume, which brings us that much closer to reaching that bottom, and the resultant bounce-play.