Blue Horseshoe Stocks

Blue Horseshoe Stocks: PSID, KNDI, PBR & Extended Watchlist

PositiveID Corp. PSID

The first thing we’d like to do this morning is go over how well PSID performed yesterday following our pre-market alert. Our timing proved to be spot-on in calling the bottom on this play, and after putting it on high alert in our report, we were rewarded with a couple of chances to gain over the course of the session.

The stock ran hard out of the starting gate, with trading opening up at .043 and rapidly reaching the day’s high at .064, a spike of 48% That was followed by a pullback to .049 where we got another upswing, this time to .058, a modest yet respectable intraday move of 18%

Those two significant swings combined for cumulative total gains of 66% on the day, and the stock managed to close at .057, holding on to much of the day’s forward progress. This all occurred on roughly 6x PSID’s 3-month average volume.

Congrats to anyone who was able to make PSID work for them, and be sure to stay tuned, as a performance like that could lead to a strong finish to the week.

Kandi Technologies Group, Inc. KNDI

This is a stock that we’ve been tracking for over a year now, as a quick look at KNDI’s archive on our blog will reveal. Our most recent tag of this stock came via Monday morning’s extended watchlist, and over the course of the week, it has yielded quite a nice move; We saw a low of 15.76 on Monday, and by yesterday’s session we observed a high of 20.96, an intraweek gain of 33%

Those who may have picked up on this play following our next most recent alert of this play (June 12th ) could have caught a low of 12.30. Yesterday’s high marked a 70% move up from that level.

Petroleo Brasiliero S.A. (Petrobras) PBR

Our regulars are aware of how tenaciously we’ve covered PBR this year. On March 21st we added it to our watchlist as it was coming off of 10-year lows. Our observed low that day was 11.25, and the stock never looked back. We’ve traded primarily in the options chain of PBR and have made percentage gains in the thousands over the course of several months, but even the overall action on the stock itself has been impressive.

Yesterday’s session set a new high of 16.43 and in premarket trading today that has been pushed to more than $17, from the low we saw this spring, that’s an overall move of over 50% on the chart.

However, the swing action on this play over the past few months has been terrific, as we’ve pointed out on the following chart. As you can see, after our initial alert, there have been no less than three major swings. The current positioning breaks PBR out of the channel we illustrate below, signaling potential for further moves to the upside.

As far as the options chain is concerned, we’ll be looking for a pullback from profit taking on this major spike, and after that, we’re interested in the potential of the $16.50 and $17.00 Weekly Calls for an intraday flip opportunity today.

Extended Watchlist:
ICLD, JDST, OMEX, ACRX, EVI

Blue Horseshoe Stocks: Special Report on PSID

Positive ID Corp. PSID

This morning we are going to revisit a play that brought us tremendous success earlier this year. Back in February, we tracked PSID over an impressive range from .0572 to .125, giving us the chance at close to 120% in gains. More recently, the stock has consolidated down to find support at .04, and we think the chart is beginning to look very ripe for a bounce. We’ll get to that in a minute, but first, for those of our readers that may not yet have been members this past winter, we’ll take a look at what Positive ID Corp actually does.

Essentially, PSID develops microfluidic systems for automated biological assays with applications ranging from homeland security and defense, to point-of-care biological sample analysis. In addition, each of these systems is being evaluated by some very high-profile entities:

M-BAND – PSID’s Microluidic Bio-Agent Autonomous Networked Detector is a fully-integrated bioaerosol monitor which performs multiplex assays using cell lysis and nucleic acid purification. It operates autonomously for up to 30 Days, providing continuous analysis of air samples and screening for bacteria, viruses, and toxins.

Firefly Dx – For point-of-care diagnosis, the FireFly Dx system is a portable handheld device capable of sample lysis, purification, PCR analysis and more, allowing for efficient field testing.

In March, PSID struck a contract with a large commercial partner to support a U.S. Department of Defense contract. The program will test and evaluate the M-BAND bio-threat detector for use by the U.S. military. PSID has announced that it expects to generate a sum of $841K in revenues from this contract in 2014.

More recently, in May, it was announced that PSID had signed a ‘Space Act Agreement’ with NASA’s Ames Research Center, under the terms of which NASA will assess Positive ID’s Firefly technology for potential ground and space applications, which we think is really cool!

There have also been a few other PR’s released over roughly the past month that warrant our attention, the links to which you can find below the following chart commentary:

The RSI is looking oversold, the MACD is gearing up to flip to the bullish side, and the chart is looking like it has tremendous potential as a bottom-play, with support having held off of a previously proven level at .04 for the past three sessions.

Due to this current positioning of the PSID Chart, and the nature of this morning’s press release, we are placing the stock on high alert today, and will want to pay extra attention to this play in coming sessions.

You can also take a look at the PSID chart via this quick video presentation:

LINKS TO RECENT PRESS:

DON’T MISS TODAY’S EXCITING NEWS:

PositiveID Receives New Order to Support M-BAND System for U.S. Government Contract

Order Increases the Value of Existing Department of Defense Contract; PositiveID Increases Revenue/Backlog Estimate to $3.5 Million; Reiterates Revenue Guidance of $4-10 Million Through the End of 2015 >> CLICK FOR PR

More Information @ www.positiveidcorp.com

Blue Horseshoe Stocks: GEIG Update – 07/16/14

GEI Global Energy Corp, Inc. GEIG

We’re going to be touching base with GEIG again today- If our regular readers will bear with us for a moment for the benefit of our new subscribers, let’s recap the highlights of this play and take a look at what it did for us last week.

Advanced Fuel Cell Technology- The GEI X5 APU (auxiliary power unit) uses a Nickel Metal Hydride (NiMH) battery in conjunction with a PEM (proton exchange membrane) fuel cell for its high capacity steam reforming technology. The efficiency of these hybrid units is impressive. Steam generation is the most ‘energy expensive‘ resource required for fuel processing, yet GEIG‘s technology increases the overall steam reforming efficiency to over 90% as noted in tests the company conducted this spring. The technology is patented, and the company has already received purchase orders. (Extremely detailed rundowns of GEI’s products can be found at GEIGlobal.com)

GEIG certainly made a splash when we introduced it last Wednesday, showing us its ability to make rapid moves. On that day, traders could have easily made gains of well over 400% as the stock barreled upward from the .015-area all the way to .08. (Actual range was .0098-.08, but there were not many sub-.015 shares to be had) It became one of our top picks of the year last week, and since then has undergone quite a consolidation.

For that reason, we’re looking back in on GEIG today, as yesterday’s trading saw the stock come back to its original levels from when we first ran across it. It actually presents us with the opportunity to potentially catch the next wave, as a bounce off of support here is quite possible; we’ll need to keep a sharp eye out for a bottom. Even a fraction of the move to .08 that we saw last week would deliver sizable gains from these levels, so we really want to keep our eyes on this play as it gets itself in gear for the next leg-up.

Find More Detailed Info at www.geiglobal.com

Blue Horseshoe Stocks: BZCN Report

BizAuctions, Inc. BZCN

Our point of focus this morning is BZCN, a stock whose potential we like for various reasons.

Currently the main business of BizAuctions involves the provision commercial liquidation services for excess inventory, overstock items, returns, etc. However, the company has made clear its intent to shift gears with regard to its business model.

One of the changes BZCN hopes to implement is a big item on the list of why we think this play has potential; per a recent press statement, it was noted that the company had retained legal counsel based out of Colorado to explore opportunities available to it in the burgeoning cannabis industry. We’d love nothing more than to have another marijuana-related stock to add to our expansive watchlist.

Apart from its unrealized aspirations, there is gathering evidence that shows BZCN‘s management has been making real strides toward getting the company’s affairs in order, beginning with the recent cleaning up of its standing with OTC Markets. BZCN submitted the necessary information to move up from Limited to Current Status.

Along with coming current with its reporting, BZCN recently announced a huge reduction in authorized common stock from 20 Billion to 2 Billion, which took effect on July 7th. It’s always promising when a company makes moves to clean up its share structure.

Also intriguing is the current setup of the BZCN chart. We’ve got an RSI that has just got above the 50-line, and the PPS has broken above the 50DMA. The MACD is pinching toward a bullish cross, and accumulation/distribution is starting to pick up.

You can also take a look at the video chart on BZCN that we prepared this morning:

There’s also a new PR out this morning that you’ll want to read over:

LAS VEGAS, NV / ACCESSWIRE / July 15, 2014 / BizAuctions, (OTC Pink: BZCN), The Company has signed a one (1) year lease on office space and is in the process of opening an office in Centennial, Colorado in Arapaho County. This new location will place the Company in close proximity to the epicenter of the Medical-Recreational Marijuana Industry. >>> READ FULL PR

Be sure to stay closely tuned in to further reports this week; we’ve got a couple of repeat plays coming up that have done well for us in the past. It should make for some exciting trading action, so stay glued to those inboxes!

Blue Horseshoe Stocks: APP, Social Media Updates & More

American Apparel, Inc. APP

As tends to happen each year, we’ve honed back in on APP at an opportune time. After seeing a low of .51 as recently as June 24th, this past Thursday saw this stock push past the dollar-mark. After another solid session on Friday wherein the stock reached as high as a 1.20, it appears as if APP wants to gap up once again this morning, touching 1.27 in pre-market trading. At that price, we’ve seen an overall move of 149% from this play in just three weeks.

There’s a chance that we could see a slight consolidation to fill the gap on the chart left on Friday (1.05-1.08) in which case we’d need to see APP hold support at or above the 1.05-mark. The chart still appears ripe, however, so it will interesting to see how this play kicks off a new trading week.

Twitter, Inc. TWTR
& Facebook, Inc. FB

Social media giants TWTR and FB began to heat up last week, as anticipation of upcoming earning releases has ramped up, and both stocks seem to be gapping up in early trading this morning. We’ve done very well for ourselves trading options contracts on each of these plays, and will be looking for more of the same as these current uptrends play out.

As far as TWTR is concerned, the next key resistance is sitting at 42.50, and our current scope of interest in Call options rests in the $39-$41 range. Should TWTR gain further ground as trading opens up for the week, those contracts could see an appreciable rise in value in just a short time. (Earnings Release Date: 07/29)

FB’s key area of resistance is around 68.50, and we’re interested in Calls at the $67-69 level. FB earnings will come sooner that TWTR’s by almost a week, with the announcement just 9 days away, so we’ll really want to keep a close eye on the action here. (Earnings Release Date: 07/23)

Solar Wind Energy Tower, Inc. SWET

SWET first appeared in our reports on June 13th, at which time we designated it a stock that was due for a pop, and that’s exactly what we got out of it. The stock rushed upward from our observed low of .0185 to hit .032 (+73%) a week ago. After a slight consolidation and finding of support at .0226, the stock has begun to inch up toward the .03-mark once again. To get there, we’ll need to see a break of resistance at Friday’s swing high of .0291.

This morning’s news could be of help, with the announcement of up to $100M in additional funding hitting press wires:

Solar Wind Energy Tower, Inc. Agrees to Accept up to $100 Million Additional Financing from Arizona Alternative Energy Center, LLC for San Luis, Arizona Tower

Extended Watchlist:
IMII, KNDI, PGNX, EXEL, JDST, WPCS, CREG, PSTI, ISR