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.

____

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

____

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.

____

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.

____

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

____

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.

____
Extended Watchlist:
BBDA, SNDY, AAPT, ICPA

Talon Therapeutics (TLON) FDA Approval & Other Updates

Talon Therapeutics, Inc. TLON

We are happy to report that TLON received its FDA stamp of approval today, and has been trading well as a result. A news release bearing the good news came across the wire this morning.

The high today was 1.23 after being as low as .86, for possible intraday gains of 43%

SOUTH SAN FRANCISCO, Calif., Aug 9, 2012 (GlobeNewswire via COMTEX) — Talon Therapeutics today announced Marqibo(R) (vinCRIStine sulfate LIPOSOME injection) received accelerated approval from the U.S. Food and Drug Administration (FDA) for the treatment of adult patients with Philadelphia chromosome negative (Ph-) acute lymphoblastic leukemia (ALL) in second or greater relapse or whose disease has progressed following two or more anti-leukemia therapies. This indication is based on overall response rate.

A conference call is slated to discuss this and other company developments is tomorrow:

Conference Call Information

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

____

All American Pet Company, Inc. AAPT

A big-time performer off of this morning’s extended watchlist, AAPT has had a monster day thus far. After a close of .0129 yesterday, the daily range has been .015-.0224, for a total possible gain of 49.3%

We had this play in our watchlist originally beginning last week, giving our readers ample time to check out the stock. At the time, the low was .011, meaning anyone shrewd enough to jump on AAPT early this week, today enjoyed gains exceeding 100%

____

Extended Watchlist:
SNDY, RENU, EGCT

BBDA, AONE, MDHI & Extended Watchlist

Bebida Beverage Co. BBDA

BBDA turned things right around for us yesterday, just as we had hoped. The s1tock found support off of .0054, only to rally back and hit a HOD .0082 before closing out the day at .0077.

Gains of 42-53% could have been attained yesterday alone. BBDA has certainly done a bangup job for us over the past couple of weeks, and based on current momentum, theres seems to be no end in sight.

____

A123 Systems, Inc. AONE

AONE was a nice addition to the extended watchlist yesterday after we caught it on our morning scans. The stock opened up strong out of the gate, had a pullback midday to find support at .47, bouncing as high as .5129, before closing at .50.

AONE is just coming off of its 52-wk low, and all of the chart indicators lead us to believe that this could be more than just a one-day wonder. The next key resistance level is sitting at .63.

____

Medical Alarm Concepts Holding, Inc. MDHI

MDHI had its 3rd consecutive green day in a row since we’ve been following it on Monday, continuing to make higher highs and lows for the third day as well.

The stock has news out this morning, so it will be interesting to see how that plays into the midst of an already well-performing stock:

MDHI Cancels Fuel Additive Project – As Company Trends into Profitability to Concentrate Exclusively on the MediPendantKING OF PRUSSIA, Pa., Aug. 9, 2012 /PRNewswire via COMTEX/ — Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK) today announced the cancellation of its exploratory entry into the fuel additive business in order to concentrate exclusively on its MediPendant personal medical alarm product line.

____

Extended Watchlist:
MJNA, NOK, AAPT, KMAG, VNDA