Category: Uncategorized

Blue Horseshoe Stocks: FNHI, Bottom-Plays & More

Franchise Holding International, Inc. FNHI

It’s about time that we came back to rehash one of our top performing stocks of the month in FNHI this morning. We’ve been continuously monitoring this play all February, since our initial alert which came on the 8th, subsequent to which we would observe a low of .0061 in the stock. We continued to follow up on this play, including reminders in last Friday’s report, and on Tuesday as well.

It’s been quite a ride since then, as FNHI has gone on to barrel into Pennyland, and eventually break both the two and three cent marks.

Yesterday the stock reached an impressive new high of .0357, which represents an overall upswing of 485% in just a shade over two weeks! Big congratulations go out to anyone who got involved and reaped some serious rewards off of this fantastic subpenny-to-penny mover!

Northern Dynasty Minerals, Ltd. NAK

We spotted a potential recovery play in NAK, which has gotten beaten up in recent sessions, but is exhibiting the traits of a stock that could be headed back up in sessions to come.

Whenever we see a bottom-bouncing stock which has established support at a previous resistance level, especially one this oversold, we’re always on the lookout for the possibility of a rebound. We’re going to keep NAK on our radars indefinitely, as we feel that a significant push back to the upside could be just a matter of time.

Fresh Options Idea

Foot Locker, Inc. FL – For a quick options trading idea this morning, we’re going to signal a range of longer-term contracts in the Foot Locker chain. Our targets, the FL 03/17 $70-75 Calls will have plenty of time to see the type of activity we’re looking for, with exactly three weeks until expiration.


Cemtrex, Inc. CETX – Quick Reminder

We tagged CETX as a bottom play in yesterday’s report, and we just wanted to update readers on its healthy performance. The stock traded up from a daily low of 3.51 to 4.43, a gain of 26% which is a good start to the recovery we were hoping to see.

We’ll continue to have our eyes on this one, as a return to 5, 6, or perhaps even 7 dollars is not out of the realm of possibility in weeks to come.

Extended Watchlist:
AAOI, SFOR, SNMN, CNXS, BTSC, GAHC

Blue Horseshoe Stocks: Revisiting a Past Winner

Dig-It Underground, Inc. DIGX

To kick things off this week, we’re going to be taking another look at a stock that recently afforded us a couple of quality opportunities to make some profitable moves.

We first alerted DIGX a couple of months ago on August 29th, and on that first day, had the good fortune to witness a 90% spike from .0048-.0091. Over the next couple of sessions, the stock pulled back to find support at .0035, and subsequently made a 100% rebound to .007.

Since then, DIGX has been under consolidation, and we are paying special attention today, as the stock has registered higher lows and higher highs for the past three sessions, and on Friday it briefly exceeded the 50DMA (.0043). It’s all pointed out on the annotated chart below:

For those of you that may have missed our original coverage on DIGX, at the time, we were keen to monitor the situation with regard to the company’s planned entry into the cannabis sector. Over the few weeks there have been a few developments to that end.

The company announced the forming of a new subsidiary it is billing as High Life Media, Inc. and is in the process of launching the High Life Media Network, which according to DIGX, “will extensively cover core cannabis issues, business opportunities, debates and conversations as well as entertainment, fun/facts, and ecommerce” over a variety of delivery mediums and devices.

Thus far, DIGX has launched two separate platforms; the Cannabis Lifestyle™ online magazine (http://cannabislifestyle.co) and the Cannabis Health™ scientific journal (http://cannabis-health.co). To check them out just follow the links, or click the following logos:

Between being at a relative bottom on the chart, and having the company making more aggressive strides toward its involvement in the cannabis media industry, we think now is a good time to turn our attention back to DIGX.

**Update 6AM** We caught an early morning PR announcement from DIGX today. The company has made two new additions to the roster of the High Life Media Network:

EULESS, TX–(Marketwired – Oct 6, 2014) – Dig-it Underground, Inc. (PINKSHEETS: DIGX) – Robert Wodarczyk, President of Dig-it Underground, Inc., announces the newest additions to the High Life Media Network: The Cannabis Laws ™ Online Cannabis Encyclopedia; and the Daily THC™ popular culture website. >>> VIEW FULL PR

OTHER RECENT HEADLINES:

Pre-Subscribe to be notified of the launch of DIGX’s new web portal @ highlifemediainc.com

Blue Horseshoe Stocks: Alibaba IPO, VVUS Recap

Alibaba Group Holding Ltd. BABA – IPO 

Along with multitudes of excited onlookers today, we are going to be spending the second-to-last trading session of Summer 2014 with a large part of our focus on the much-anticipated Alibaba IPO. It certainly has been a summer of unusually many tech IPO’s; we saw companies like Mobileye (MBLY) and GoPro (GPRO) go public, and now the biggest one of them all (of all time, actually) BABA is sure to make its mark.

Where there’s a huge IPO concerned, there’s a huge amount of hype, and with huge hype comes the potential for rapid profits… Of course, wherever there’s a chance for rapid gains to be made, we’ll be right there!

Folks interested in more of a long-term relationship with the stock are liking BABA for simple yet powerful reasons; Alibaba is rapidly growing, already profitable, and has more than an 80% market share of Chinese ecommerce, a market that includes hundreds of millions of potential customers, and a lot of free cashflow to throw around. For many investors, those points will be all they need to know.

For those who like to have a bit more to go on, the numbers are certainly impressive. With an annual customer base of over 270M active consumers, yearly orders totaling roughly $14.5B, and total sales of almost $300B, the new kid on the block is also going to be the big kid on the block! The twenty-teens have brought many of the most exciting tech IPO’s of all-time, and this one could just be the most tantalizing of all.

VIVUS, Inc. VVUS

From off of our extended watchlist in yesterday’s pre-market report, VVUS had a pretty solid session. It saw a low of 4.21 in the morning before running as high as 4.82 in the afternoon, and in doing so, recorded volume on the order of more than 24x the one-month average. That was an intraday run of roughly 14.5%

VVUS has been yet another stock that we’ve caught coming off of 52-week lows that has found support and shown us a positive move.