Blue Horseshoe Stock Report – 08/18/11

PMI Group, Inc. (The) NYSE:PMI

  PMI dipped as low as .375 on  Wednesday, although there was a fair bit of after-hours trading, to the tune of roughly 50K shares, and the stock found its way to .42, which is where we expect trades to kick off this morning.

As you can see from the chart below, there are a few bright spots to outline: The RSI is exhibiting signs of recovery from a period of being heavily oversold, the MACD indicator is beginning to pinch, and look as if a cross is in order. Not to mention the fact that we feel the large gap created by the sudden drop in early August, could be filled in easily with a course correction. For example, when a stock gaps UP, there is usually a subsequent pullback to fill the gap, and we are going to be looking out for the opposite effect here.

A bounce off of .375 to .42 is 12%, however we are expecting much more substantial gains moving forward. Stay tuned for more updates.

Exit Only, Inc.

EXTO has been very good to us, and is trading in a nice tight channel, setting the stage for its next leg up. The stock ran into a little resistance in the low .007’s and the next key resistance following that will be at .008. Support seems to be strengthening significantly in the low .006’s.

With gold near $1800/oz. we are excited for EXTO, and eagerly awaiting production updates from newly acquired sub, Bayport. The last PR cam just over a month ago, so feel that we are due for another at any time now.

Blue Horseshoe Midday Report – 08/17/11

PMI Group, Inc. (The) NYSE:PMI

We wanted to put out an alert on a potential bottom-bouncer play that has come to our attention. PMI took a major dive from the .80-range at the beginning of this month that had us sniffing for a bottom that we believe has been reached.

The stock is building support at the current level, and we feel that once it pushes back past the low .50’s, there is a large gap to fill on up to the .80’s. Current conditions allow for a prime opportunity to take up a position at a discount, as the stock is coming off a period being rather oversold.

It isn’t often that we cover NYSE plays, however, when a prime chance comes along, we simply can’t ignore.

Blue Horseshoe Stock Report – 08/17/11

Kiley Group, Inc. (The) KGRI

More news by way of KGRI this morning, as the company shows that they are indeed to committed to the success of their newly acquired sub, Buff Water, by signing yet another agreement. This time, with Lone Star Distribution.

Yesterday, following our morning alert, the stock rose 14%, maintaining higher lows for the fourth day in a row. That is just the kind of low-key bullishness that we look for. This morning’s news means retail real estate for the product from over 6,500 vendors, so we would not be surprised to see the resultant trading action turn a few heads.

CARROLLTON, Texas, Aug. 16, 2011 /PRNewswire via COMTEX/ — The Kiley Group, Inc. (KGRI.PK) is pleased to announce that its subsidiary, Buff Water, has signed a distribution agreement with Lone Star Distribution, a leading national and international distributor of sports and nutrition supplements with over 6,500 retail locations.

Lone Star Distribution operates distribution centers in Texas, Florida, Georgia, Connecticut and an office in New York. Since 1997, Lone Star has provided many of the nation’s gyms, nutrition stores, online supplement stores and health retailers with the industry’s top-selling sports nutrition supplements and products at the best prices. Their knowledgeable sales consultants are committed to providing competitive pricing, valuable information and point-of-purchase materials to help customers maximize sales potential. Please visit their website at

www.LoneStarDistribution.com to view all of their available products.

“With the addition of Lone Star as one of our distributors, we are looking forward to exponential growth and increase of sales by offering our products in more retail locations. This will further help our exposure and increase our branding,” stated William Smart, President of KGRI.

To learn more about the benefits of Buff Water, please visit the website. www.buffwater.com.