Day: December 9, 2013

Blue Horseshoe Stocks: Midday Update

Tiger Oil & Energy, Inc. TGRO
–
We felt compelled to update our readers on the stellar performance currently underway on TGRO, one of the feature plays from this morning’s report. We noticed abnormal activity from the stock on our pre-market scan and passed it along to our followers just in the nick of time.

The stock surged from a low of .36 to a subsequent .517 high, marking a positive move of 44% in less than a couple of hours. Already, nearly seventy times the 3mo. average volume has traded, and it isn’t even lunch time! This is exactly the way we like to kick off a brand new week of exciting trading.

If you were one of the ones able to make a rapid profit off of TGRO following our morning report, congratulations!

If you’re running across this publication anywhere else besides your email inbox, be sure to sign up for our daily pre-market alerts to be certain that you don’t miss out on future winners! (Pre-existing subscribers: Add us to your address book to make sure our alerts go straight to your inbox)

Extended Watchlist:

REVO, WMIH, YRCW, HEB

BOSC, PSUN, ETAK, TGRO & Extended Watchlist

BOS Better Online Solutions Ltd. BOSC

Pacific Sunwear of California, Inc. PSUN

& Elephant Talk Communications, Inc. ETAK

Each of these three stocks traded up on unusually high volume on Friday after appearing in our Extended Watchlist, and wrapped up what was a very successful week of trading.

BOSC tapered back from opening above 9.00, and found its bottom at 7.9001. The stock then proceeded to rebound, bouncing back as high 8.80 for a nice 11% intraday gain on more than 10X the 3mo. average volume.

PSUN increased steadily all day on Friday, running from 2.92 to 3.44, good for a gain of 18% on roughly six times the 3mo. average volume.

ETAK saw a low of 1.01 on Friday, and enjoyed a respectable 17% gain to a high of 1.18, besting its average volume by more than 4X.

Tiger Oil & Energy, Inc. TGRO

We caught TGRO on a scan for plays with unusual activity, and thought we’d mention it this morning. This is a stock that was trading by appointment only for quite some time, that has sprung to life all of the sudden.

This comes shortly after a recent press release citing a proposed partnership with Toto Energy, LLC, wherein the two companies would undertake a joint venture of drilling up to three gas wells, in which TGRO would have a 30% interest. >>>More on the Joint Venture

Extended Watchlist:
RDCM, ADXS, UQM, HEB, ROSG, YRCW, GERN, BIEL (Coming off bottom with news)