Blue Horseshoe Penny Stock Report, DWIS, EXTO, IWEB – 09/01/11

Dinewise, Inc. DWIS

DWIS has been on our radar since mid-April, at which time the stock was trading at .06. Just a month following our initial alert, the stock was able to reach .1795, which is a gain of 199%

Afterward the stock settled down to a base from .08 and subsequently ran to .13. Now, we can see DWIS settling into its bottom again, as it has for the past couple of weeks, and we are viewing this as our perfect opportunity to accumulate the stock before the next upswing.

We suggest you take a listen to these exclusive audio interviews with CEO Paul Roman:

http://ceocentral.com/m/sounds/view/DWIS-Interview      http://smallcapvoice.com/blog/tag/dwis/

Paul is a very experienced executive, and in our opinion, the perfect person to lead Dinewise, as demonstrated by DWIS’s ability to generate a profitable revenue stream with a diversified array of products. After listening to the interviews, you will probably agree.

 

 

Exit Only, Inc. EXTO

As you can see from the included weekly chart, EXTO has been on a steady incline, since we first called it at .0025. Our new support level seems to be at .0083, which was yesterday’s low.

The stock finished strong yesterday, closing at its high of day at .0093, providing a 12% intra-day swing. Recently the symbol’s status on OTCMarkets (formerly Pink Sheets) was downgraded to Caveat Emptor, a situation we feel should be remedied expediently. Once EXTO is brought up to current on their filings, then we will get a better representation of the actual number of Authorized Shares, as per this weeks announcement of a 71% reduction.

We are still awaiting the start of this company’s gold production, slated for October.

IceWEB, Inc. IWEB

Last, but not least, IWEB is a play that was new to us at the start of this week, has been trading in a tight channel, between .18 and .21.

We first announced IWEB as our new play, and the stock had hit a recent bottom, as well as as a MACD cross transpiring on the chart. We will continue to monitor this stock for the time being, as all of the technicals on the chart seem to be pointing toward another run in the making.

The next key area of resistance, as we previously mentioned, is .22. On the flipside, support rests at .18, and we will be keeping a close watch for that to hold moving forward.