Blue Horseshoe Stocks

VSST, BPAX, ATRN, TRID – Today’s Watchlist

BioSante Pharmaceuticals, Inc. BPAX

You’ve heard us say, “if it ain’t broke, don’t fix it”. BPAX broke its resistance on Tuesday, hitting a HOD of .6749, closing the day at .66, and kicking off this short week in good fashion. So far, our total gains on BPAX are sitting at 74%

There are certain groups who believe wrongdoing was taking place with regard to the statements released by the company about its failed product, LibiGel. We are reserving judgement until more information comes to light, but thought you should be made aware of the situation as well.

NEW YORK, Jan 11, 2012 (BUSINESS WIRE) — Levi & Korsinsky is investigating potential claims on behalf of purchasers of BioSante Pharmaceuticals, Inc. (“BioSante” or the “Company”) (Nasdaq: BPAX) securities concerning possible violations of federal securities laws.

For more information, click here: http://zlk.9nl.com/biosante-pharmaceuticals-bpax.

Atrinsic, Inc. ATRN

ATRN saw a modest 5% increase yesterday, on lighter-than-average volume. It is good to see a consolidation and sideways trading action on decreased volume; it appears as if ATRN is building a new base for its next leg up.

The RSI still appears oversold, and has plenty of room to climb higher from here

Trident Microsystems, Inc. TRID

TRID had its first down day Tuesday since we’ve been following this stock. After 125% in gains, a little pullback is to be expected, but we wont let the symbol slip from our radar just yet. The stock maintained a higher low of .127, only to close at .143, for a 13% intraday gain.

Voice Assist, Inc. VSST

This stock hit its 52-week low yesterday, so we are going to be watching closely for signs that its hit its bottom, that we might catch it on the rebound.

Just as recently as October, VSST was trading in the .70-.80 range, and between 1.25-1.50 back in August. Should the stock recover from this selloff and return to those previous prices, gains of 250%-600% could be in store.

This all may not happen overnight, thus we would categorize this as a long term play. As you’ve seen with our other bottom plays, its always best to begin paying attention early, so as not to miss a beat when the stock begins to turn up from its bottom.

We think that this company has a great technology that could eventually take off, but don’t take our word for it: The company offers free 30-day trials here.

TRID, BPAX, APP, DGHG, ATRN, VHGI – Stock Watchlist

Trident Microsystems, Inc. TRID

TRID is the most recent bounceplay; as low as .075 last week at the time of our call. The stock managed a high of .1688, for a possible gain of 125% We like the way TRID is recovering off of its bottom, making higher highs and lows, so we are still very interested to see where this short week takes it.

BioSante Pharmaceuticals, Inc. BPAX

BPAX ran into resistance last week at .596, before dipping to find support in the .48-49 range. Following BPAX moving forward, we will want that support to hold in the high .40’s, and the resistance taken out.

American Apparel, Inc. APP

After seeing gains on the order of 92%, APP ran into a slight patch of resistance at a dollar last week, and having found support in the low .90’s, is holding the majority of its gains from .52.

Diversified Global Holdings Group, Inc. DGHG

DGHG made a nice recovery off of its bottom last week. We were looking to see the stock jump back over a dollar, which it did. We like the look of the chart, having just seen a cross of the MACD.

Atrinsic, Inc. ATRN

Following our alert on ATRN, we witnessed the stock explode 265%, jumping from .015 to .0548. The stock made a slight pullback, finding support at .0326. Just as long as ATRN can hold above three cents, we feel there is a high probability of seeing more bounceplay opportunities here.

VHGI Holdings, Inc. VHGI

Has had a stair-stepper of a chart since we began following it some time ago. The stock continues to reach new 52-wk highs, with virtually no resistance in sight.

EXTO, VHGI – Today’s Stocks

Exit Only, Inc. EXTO

EXTO saw another rapid bounce this week, as we’ve indicated in the past, it is a snap to trade this thing between .005 and .007. Sure enough, the low of .005 made its way up to .0072 to fulfill our predictions yet again.

The high of .0072 marks a 44% intraweek gain, and when you add that to the several hundred percent gains we have already seen out of EXTO, no wonder we keep this on our watchlist perpetually!

We are waiting for a name and symbol change for EXTO, which should be coming down the pike at any time. That occurence should stir up some added attention and excitement.

VHGI Holdings, Inc. VHGI

Our first alert on VHGI came on December 9th; at that time, the stock was trading as low as .21. On December 12th, the next trading day, it hit a high of .52 for a 148% gain. Just awesome for a one-session turnaround.

It subsequently dipped to a low of .225, only to shoot back to .53 for another 136% jump, but it wasn’t finished yet. It then dipped as low as .40, and yesterday this unbelievably bouncy stock hit its new 52-week high of .55, for another 38% percent gain.

All in all, this stock has given us the chance to make 322% profit in just a shade over a month!

FT. WORTH, Texas, Jan. 12, 2012 /PRNewswire via COMTEX/ — VHGI Holdings, Inc. (OTC.QB: VHGI) announced today that Indianapolis Power & Light (IPL), a subsidiary of AES Corp. (NYSE: AES), has entered into a definitive agreement to purchase coal over 3 years from the Lily Group. As recently announced, VHGI has entered into a Definitive Stock Purchase Agreement with the Lily Group as announced January 9th, 2012.

The agreement calls for IPL to purchase 1.0 million tons of coal from the Landree mine and also provides IPL with an option to purchase an additional 180,000 tons in 2013 & 2014.

We are going to remain bullish on VHGI for as long as it continues to make higher lows and higher highs, as it has continuously done for us in the short time we have been paying attention. VGHI is quickly becoming one of our all-star, top tier picks.

Let us also not forget the stocks that are currently on our radar: BPAX, APP, ATRN, TRID, AACS

SAPX | Seven Arts Entertainment Inc. | Hot Stock Today

In addition to the standing watchlist that we have been maintaining for the start of 2012 (Including BPAX, APP, ATRN, TRID, AACS & DGHG) we are presenting you this morning with another new pick that we have had our eye on for quite some time.

Seven Arts Entertainment, Inc. SAPX

There are several reasons why we like SAPX, not least of which being a chart that is exhibiting a lot of the chart characteristics that really get our mouths watering.

In addition to a beauty of a chart, SAPX has got a lot happening behind the scenes to suggest a company that is moving in the right direction. A recent internal restructuring led to a 25% reduction in outstanding debt, as well as decreasing the company’s operating costs by nearly a third. This info can be verified with NASDAQ here.

This morning’s news:

HOLLYWOOD, CA, Jan 12, 2012 (MARKETWIRE via COMTEX) — Seven Arts Entertainment Inc. (NASDAQ: SAPX) (“Seven Arts”) announced today that principal photography on “Schism,” the first film to be produced by Dark Arts, a division of Seven Arts’ affiliate, Esplanade Pictures LLC (“Esplanade”), will start on Monday, January 16th in New Orleans.”Schism,” is written by Adam Gierasch and his partner Jace Anderson and will be directed by Gierasch. Seven Arts also announced that Callum Blue (Smallville), Vinnie Jones (Snatch) and Ashlynn Yennie (Human Centipede) will star in in the picture. Seven Arts has worked with Gierasch and Anderson previously on “Autopsy” and “Night of the Demons.”

Diversified Global Holdings Group | DGHG

Diversified Global Holdings Group, Inc. DGHG

Today’s afternoon alert includes DGHG. We have a bounce in progress here, with the stock already having traded nearly ten times its 10 day average. by lunchtime. The day’s range is from a low of .59 to a high of 1.01 for a 86% intraday gain; we would like to see this return to and hold pre-New Year levels of 1.00 and better.

Oftentimes we like to revisit plays that have performed well in the past. DGHG certainly fits into that classification.

In the past DGHG has run from .71 to 1.51, for a 113% gain.