Blue Horseshoe Stocks: Weekly Wrap-Up

Pazoo, Inc. PZOO

PZOO made positive strides this week, as you can see on the chart we’ve included below which has been building up in terms of highlights. When we first began watching this play on 10/20 (low of .0225) we were looking for it to break its 50DMA, which it did. To begin this week, we wanted to see the 200DMA surpassed and that happened as well. A number of bullish indicators, as well as an exciting PR out this morning, has PZOO once again near the top of our watchlist to close out the week.

With MA & Associates having just become one of Nevada’s first State-Licensed Medical Marijuana testing facilities, we were pleasantly surprised to see that the company has already secured its first client. We urge you to check out the PR right away:

Planar Systems, Inc. PLNR

We also wanted to do a quick recap on PLNR, one of our extended watchlist plays from yesterday.

The stock came off of a morning gap up to trade in a range from 6.11-7.05, a modest yet solid 15% intraday move on the heels of an earnings beat.

Extended Watchlist:
RMTI, CNET, MITK, RPRX, JNUG

Blue Horseshoe Stocks: CDVI Recap, TINO Promotion & More

Cal Dive International, Inc. CDVI

On Tuesday, we introduced CDVI via our extended watchlist. We had been monitoring the stock after noticing it had taken a tremendous beating prior to that point. Some of our biggest gainers have come from recovery plays, and what we’ve seen from CDVI has been pleasing thus far.

Our timing in picking up on this play turned out to be on the nose, as it came from a new 52-week low of .08 on Tuesday, all the way back to .15 just prior to yesterday’s close. That represents an 87% rebound over the span of two sessions, so we’ll mark CDVI down as an excellent call on our part.

As far as how to approach it moving forward, we might want to take a listen to the Earnings Conference Call slated for 10AM EST today. The company released its Q3 financials after hours yesterday, and it will be interesting to hear the officials’ take on the results, which, at first glance, did include both positives and negatives, as well as future guidance . >>View PR

Either way, we’ve already had a major opportunity from this stock, so congrats to anyone who was able to turn a quick profit off of CDVI on its tremendous bottom-bounce.

Tamino Minerals, Inc. TINO

TINO is another one we want to mention briefly this morning, and enter it into our readers line of sight. The stock has been seeing a pickup in both volume and PPS over the past several sessions, with the effect intensifying toward the end of yesterday’s session.

It comes in advance of a large promotion occurring on the stock today. Let us be clear that we are not involved in today’s promotion on TINO, we simply wanted to pass that information along because it may be possible for us to take advantage of any surges it may produce. Should the stock begin to run, our mentality should be to snipe out quick gains before accumulation slopes off and the increase of selling pressure occurs. In these scenarios, it’s safer to shoot for rapid singles and doubles rather than holding on for a home run.

Extended Watchlist – Morning Gappers:

Gap-ups: CGG, PLNR, SFUN, PERI, RVLT, RDNT(Look for profit-taking to cause fade and subsequent bounce opportunities)

Gap-downs: AEZS, SZYM (Look for a potential bounce from over-selling)

Blue Horseshoe Stocks: PZOO Recap, Marijuana Legalized in Two More States

Pazoo, Inc. PZOO

PZOO continues to command our attention this week; for those of you who may not remember, we introduced this play on October 20th at which time it was trading hands at a low of .0225.

The last time we looked in on PZOO, it had been making progress, and we mentioned that our key area of resistance was at .038. Yesterday’s session brought a break of that barrier, as we saw the stock run up to a new high of .042. That marks an 87% overall move up over a span of a dozen sessions.  As it stands now, the next primary area of resistance the stock has to contend with sits at a nickel.

The surge on the chart is just one of the developments which has occurred in the weeks since we first caught it. The company also announced the expansion of its online information network with the introduction of new portals at PAZOOFINANCE.COM and PAZOOFITNESS.COM.

In addition, we received an update on Pazoo’s connection to the medical marijuana sector, cannabis testing firm MA & Associates. First announced on Monday, the firm has linked up with Steep Hill Labs, which already operates testing facilities in other states. MA & Associates will be dually billed as Steep Hill Nevada, and has just received the green-light from the State of Nevada, becoming  one of the first testing facilities to receive an official State License to test and analyze medical marijuana for Nevada’s recently-adopted program. >> Official PR

Marijuana Initiatives Pass in AK, OR & D.C.

Over the last few months, we’ve frequently been reminding our readers to pay attention to votes on cannabis initiatives that were coming up in several jurisdictions. On Tuesday, voters in two more states and the nation’s capital (pending congressional approval) green-lighted recreational marijuana.

It’s going to accelerate the spread of what we’ve been calling the beginning of the end for pot prohibition, not to mention shine an even brighter light on the cannabis sector, which has already begun to pick up steam of late.

Each time marijuana proponents strike a victory blow, we share in the satisfaction. After all, we’ve been touting the sector for even longer than the mainstream media. Our coverage spans further back than even the first passed measures, all the way back to 2012. We’ll be sure to keep following the whole story along with our mammoth list of tracked pot stocks, and pass along any developments to you.

Morning Gappers:

Vapor Corp. VPCO

YOU On Demand Holdings, Inc. YOD

We caught both of these stock gapping up in the premarket this morning that we think are worth watching as the session kicks off. VPCO is gapping up approximately 8% while YOD is up a full 15% in early trading.

Extended Watchlist:
CBIS, HEMP, ERBB, GRNH, TRTC