Blue Horseshoe Stocks

Afternoon Updates on LBGO, SRSR

Liberty Gold Corp. LBGO

For those of you that may have missed this morning’s new interest, we would suggest you take a look at this gold play. What we like best is the trend toward precious metal stocks as we approach a potential third round of economic stimulus from the Fed. Earlier rounds produced a spike of interest in gold related investments, and signs of a repeat performance have already begun to surface.

We will point your attention to this article, which supposes the effect that an impending QE3 could have on gold prices and related stocks. You may also want to view the opinion of LBGO by Goldman Research.

LBGO Spotlight – Download PDF

Visit the LGBO Website at www.libertygoldcorp.com

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Sarissa Resources, Inc. SRSR

Here’s a precious metals stock we’ve mentioned previously that has already begun to heat up.

We put out an alert out on SRSR back on August 8th, after which time the stock reached a subsequent low of .0252. Today, SRSR reached a high of .0645, for a monster gain of 156% from the low following our alert.

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Liberty Gold Corp. | LBGO

Liberty Gold Corp. LBGO

After scraping and scouring, digging for a brand new play to present, we pulled up LBGO. Now that the summer doldrums are coming to a close, and a lot of the folks that have been on vacation are returning, we will soon begin what is known as the September Rally. The month of Sepember has always been big for trading, and as a result, one of our favorite times of year. In fact, gold and silver plays are already experiencing heightened activity.

We like the upside potential of Liberty Gold Corp. as much as any precious metal stock that we’ve seen in this price range for quite some time. Having an aggressive approach to growth led by a team of seasoned executives, as well as boasting a portfolio of properties located in known gold and silver producing regions, are just a handful of the reasons we are excited about this company.

Many analysts predict continued inflation and lower levels of value on the US Dollar as the economy struggles through one of the worst recessions in history. Historically, gold prices have had an inverse relationship with the value of the Dollar. This puts gold companies in the advantageous position of having their product being in and of itself, a form of currency that is valued everywhere.

From current levels, we expect to see substantial growth in the short, medium, and long term for LBGO. This company has a portfolio of properties projected to contain levels of gold and precious metals worth billions of dollars. Recent developments show visible gold in processed material from its claim in Arizona. Both regions are home to multi-billion dollar gold operations, and have a history of heavy production. Should everything continue to align for Liberty Gold, we could be looking at significant increases in the price of LBGO stock.

We know LBGO is capable of big gains, already running from .25 to .90 (+375%) from mid-July to August. Since that time, it has experienced a healthy consolidation with a key level of support in the mid-.70’s. Accumulation and Distribution has been on an incline this month, and there has been a recent increase in volume. When coupled with a Golden Cross of the 20DMA passing through the 50DMA, it appears now is a good time to give LBGO our consideration as it gears toward its next leg up.

We have prepared an informative report on LBGO, which would be a good place to start your due diligence.

LBGO Special Report – Download PDF

Visit the LBGO Website at www.libertygoldcorp.com

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EGCT, UPZS & Extended Watchlist

Ecologic Transportation, Inc. EGCT

EGCT made a power move last week, trading as low as .275 early on, and hitting a high of .46 Thursday before puuling back on Friday. Friday’s low of .35 seems to be our new level of support, and a baseline for bargain-basement prices.

We are still awaiting further details on the company’s intent to execute the acquisition of ACE Rent A Car. Once we get confirmation of the deal, things should really heat up in the way of interest in EGCT stock.

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Unique Pizza & Subs Corp. UPZS

Like EGCT, UPZS is another stock that surged last week, only to pull back during Friday’s trading. We believe that this too, was an opportunity to purchase cheap shares in a stock that seems to be making moves lately.

We first mentioned UPZS the morning of August 15th. On that day it was as low as .051. At Friday’s high of .13, that represents a gain of 155%

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Added Note: Everyone has been speculating as to the next A.P.S. Pick. We have a hunch that it could be PRTN, based on the building level of activity on the stock during Friday’s session. Last time we followed picks from this group, NSRS, and SNPK to very postive results. Should our inkling prove correct, we could be looking at a big percentage gainer in PRTN. Also be on the lookout for a new pick of our own that we will be presenting this week.

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Extended Watchlist:
CHMR, PRTN, RENU, NOK, BBDA, PPHM, SAGD,

EGCT, NOK & Extended Watchlist

Ecologic Transportation, Inc. EGCT

EGCT saw its third consecutive day of higher highs and higher lows on Thursday. Volume has been steady this week, and is at an increased level from weeks prior. It seems savvy investors are accumulating EGCT before its next leg-up.

BARCHART.com is currently giving EGCT a “100% Buy Rating”

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Nokia Corp. NOK

We first began talking about NOK back on July 26th, after seeing it touch its 52-week low just a couple of days prior. Following our first mention the stock was trading as low as 1.67. Yesterday it touched a new high for us at 3.21, representing a gain of 92%

The way the stock has performed thus far, combined with the makeup of the chart, we definitely want to keep this on our radar for the foreseeable future.

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Extended Watchlist:
UVXY, MCP, UPZS,

EGCT, CHMR & Extended Watchlist

Ecologic Transportation, Inc. EGCT

Word on the potential of EGCT is starting to spread like wildfire, Yesterday’s trading session produced record volume, to the tune of over 12x the 3mo average volume; almost 440,000 share changed hands.

The stock held higher lows and made higher highs, breaking key resistance at .38, and touching a high of .44, a gain of 60% off of Monday’s low at .275.

Earlier this week, we were looking for the stock to test recent highs of .48, and with the way the stock is performing, we may have to raise our expectations, as it appears this play could legitimately go into bluesky breakout mode.

All chart indicators continue to look strong, as outlined in the video chart summary from yesterday afternoon. You can view the video chart here, and we will be certain to keep EGCT at the top of our watchlist.

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Chimera Energy Corp. CHMR

Lately, it seems like our Extended Watchlist has produced as many winners as our featured plays, which is why we always suggest our readers conduct proper due diligence on every play we discuss, regardless of the level of details put forth. CHMR is no exception, having seen a low of .58 yesterday, the stock ran as high as .74, closing just shy of its HOD at .71. This made possible intraday gains of 22-28%

This is a play that just emerged this summer, running from .14-2.00 from July to August. Following that major run, there was a large consolidation, as the support came in at .26. What resulted was a dead-cat bounce.

Yesterday, CHMR passed .66, and based on the chart, the next key area of resistance doesn’t come until 1.12, so we will want to continue to keep this play on our watchlists. This could be one of those stocks that we continue to follow for some time, as we’ve thus far been impressed with its ability to bounce.

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Extended Watchlist:
IWDM, BLVT, MEXP, UPZS