BHS | Blue Horseshoe Stocks

KMAG & EGCT News

KMA Global Solutions International, Inc. KMAG

KMAG first began appearing in our newsletters on August 3rd, at which time the stock was trading as low as .0075. Following our mentions in the extended watchlist, it experienced three consecutive days of gains, running 100% to .015 in that time period. It subsequently consolidated and found support above a penny, and today we are observing another breakout, shattering last week’s high, touching .019. From the low at .0075, marks a gain of 153%KMAG is boasting one heck of a bullish chart presently. The chart shows the 50DMA about to cross above the 200DMA, and the 20DMA already having crossed the 200DMA, approaching the 100. It would seem that April’s high of .0231 should be this stock’s next area of significant resistance.

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Ecologic Transportation, Inc. EGCT

After alluding to the acquisition of well-known brand and business, ACE Rent A Car in a recent 8-K, EGCT today put out a formal press release regarding the LOI. This is an exciting prospect, granted the fact that ACE currently boasts annual revenue close to $70M.

As with any LOI, we take this news with a grain of salt, however, even the hint at such a major transaction is sure to have many people from all walks of the investment community paying attention.

Ecologic Transportation, Inc. Enters Into Letter of Intent Agreement to Acquire ACE Rent A Car, Inc.

SANTA MONICA, Calif., Aug 13, 2012 (GlobeNewswire via COMTEX) — via PRWEB – On Thursday August 2, 2012 Ecologic Transportation, Inc. (“Ecologic Transportation, Inc.” or the “Company”) (EGCT) entered into a Letter of Intent (“LOI”) for Agreement to Acquire One Hundred Percent of the Issued and Outstanding Shares of ACE RENT A CAR, Inc.

ACE RENT A CAR, Inc. (“ACE”) is a 46 year old, Indianapolis, Indiana and Chicago, Illinois based Car Rental Company that generated gross revenue of $69 million for the year ending March 31, 2012. ACE Rent A Car ranked “Highest in Car Rental Customer Satisfaction” by J.D. Power and Associates in 2011 and, additionally in 2012, ACE was named one of 50 J.D. Power Customer Service Champions across 20 service industries.

Ecologic’s Chairman and Founder Edward W. Withrow III said “the Board and management of Ecologic Transportation are extremely pleased to have the opportunity to work with the caliber and experience level of the management and staff of ACE, and look forward to working with them to build a new and superior business model for the car rental industry.”

http://www.ecologictransportation.com

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AONE, BBDA & Extended Watchlist

A123 Systems, Inc. AONE

We first first mentioned AONE on August 8th at a low of .47. AONE was a nice addition to our radar as we caught it after its 52-wk low. On Friday the stock hit a high of .77 for a 64% gain from the low. We have seen AONE make higher lows and higher highs in the three sessions we’ve been following its progress.The stock has been trading significant volume, and remains on our radar, based on the amount of momentum it has been building.

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Bebida Beverage Co. BBDA

BBDA experienced a healthy bounce off of its slight pullback early last week. After hitting a high of .0097 on Tuesday, it pulled back to find support at .0054 the following day. It ended up closing at .009 on Friday, which marked a significant gain of 67% for a nice intraweek bounce.

The stock continues to perform well for us. Last week’s gains are just a fraction of what it has provided in total, thus we will continue to follow its progess.

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Extended Watchlist:
GALE, AAPT, KMAG, SNDY, ATPG,

TLON, AONE & Extended Watchlist

Talon Therapeutics, Inc.TLON

It seems many folks are jumping on the TLON bandwagon after yesterday’s FDA approval announcement. We first began mentioning TLON on July 23rd, and have talked about it quite a bit since then. At the time, 1.34 was the low. In the week following it managed a high of 1.83 for a 37% gain. On August first, the stock had cropped back to .81, only to turn around the next day and run to 1.27, for an added 57% gain.

Yesterday the range was .82 to 1.23, on over 7X its 3mo average volume. The announcement seems to have brought even more traders to the party than there were anticipating the announcement. Opportunity should continue to knock as word travels on TLON.

Be sure to tune into today’s conference call regarding all the latest TLON happenings:

Date:	August 10, 2012
Time:	12:00pm EDT, 9:00am PDT
Dial-in (US and Canada):		(877) 681-1326
Dial-in (International):		(708) 290-1158
Webcast:		www.talontx.com

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A123 Systems, Inc. AONE

Yesterday AONE broke the previous session’s high, hitting a new high of .62, and closing at the 20DMA of .61.

We are looking for the momentum to continue, as the stock appears to be gapping up this morning. The next major patch of resistance should come at around .88.

The RSI is coming off of being oversold. The blue bars on the histogram just flipped up to the bullish side. We have a PPO that is pinching, and ready to cross over. The Slow STO did cross and is starting to head north toward the 50DMA.