Blue Horseshoe Stocks: UTRM, MLCG, ROTH & More

United Treatment Centers, Inc. UTRM

Another pick, another great day of gains! UTRM became the latest new cannabis-related stock to make its mark. We were on top of it, placing it on high alert in yesterday morning’s report and reaping profits on the way up, employing the tried-and-true strategy of selling into strength.

It really was quite a session; extremely high liquidity (traded more than 642 million shares) allowed many to profit, as UTRM roared up from .0085 to hit a high of day at .0146 (a gain of 72%), just before closing two ticks below at .0144.

This onslaught of activity is going to have us paying attention to UTRM for quite some time. It’s possible that the company could produce a PR this week regarding the official launch of its new website on Thursday.

It’s also worth mentioning that UTRM is currently receiving a 100% “Buy Rating” on BARCHART.COM.

ML Capital Group, Inc. MLCG

MLCG continued to be one of our most productive recent points of interest yesterday. If you recall, we caught this play at the beginning of this month, and have seen a low of .04 as recently as the 12th which was followed by double-bag gains.

Yesterday, the stock posted another bang-up session, running 85% from a low of .10 all the way up to .185 on substantial volume.

From its recent low following our initial alert, MLCG has now risen as much 363% in just under two trading weeks.

PharmaRoth Labs, Inc. ROTH

ROTH is a momentum play that we’ve been keeping our eye on over the past few days. Currently the chart is exhibiting the telltale signs of a bullish trend, as you can see below. The RSI has punched into the power zone for  the third time this month, there has been a recent golden cross, and the MACD is diverging.

We’ll be watching for a possible continuation of the recent trends this mid-week.  Like UTRM, BARCHART.COM is also giving ROTH a 100% “Buy Rating” at the moment.

Petroleo Brasiliero SA Petrobras (PBR)- Options

After the $11 PBR Calls made a nice triple-digit move for us on Friday, we continue to take advantage of the stock’s recovery. The 05/02 $12 Calls, also mentioned Friday, that we re-tagged in yesterday’s report are now up considerably, and could be on the way to making similar gains.

Extended Watchlist:
BGMD (News Out), VTNR, RGSE, ARIA, EXEL

Blue Horseshoe: Even More New Cannabis Stocks

Before we get started this morning, we’d like to welcome our newest readers. If you’re just joining us, you’ve missed an awful lot, as the gains we’ve seen in 2014 have already wowed us beyond belief, but not to worry- We intend to keep this freight train moving full speed ahead! We’ll continue to work hard at bringing you advance warning on chances for rapid-strike profits, from sub-pennies to big boards, options trading and more! Without further ado, let’s jump into a brand new week of action.

United Treatment Centers, Inc. UTRM

We hope that everyone has UTRM on their radar this morning. It is a play with impressive momentum that we caught off of our scanner on Friday.

After opening at .0045, UTRM shot up to .0082 (+82%). It dipped back to .0067 in the afternoon, before making another push to a new high of .0088 (+31%), bringing cumulative intraday gains to 113% The overall move from the low to the high was 96%

UTRM traded over a billion shares last week, and appears to be gapping up past Friday’s resistance at .0089. so we wouldn’t be surprised to see that momentum carry over into this week. We are placing UTRM on high alert for that reason, as well as its entry into the pot sector.

Per a recent PR, UTRM has a new marijuana-related website coming out on the 28th, so we’ll be waiting to take a look at the finished product.

Newcomers to the Marijuana Sector

Due to the extreme gains we’ve seen from so many companies that have chosen to take advantage of recent hysterical trend toward everything cannabis, we have another couple stocks to throw into the mix.

G&S Minerals, Inc. GSML

GSML recently filed a statement of conversion with the Colorado Secretary of State, noting its intent to change its name to Cannabis Holdings, Inc. effective April 1st.

We are going to want to tack this symbol onto our marijuana stock watchlist as GSML attempts to make the transition into the pot sector. We’ll also we on the lookout for further updates regarding the specific direction the company takes.

Supreme Pharmaceuticals, Inc. SPRWF

SPRWF woke up from the dead on news that it too would pursue a place in the medical marijuana arena. Friday the stock shot up significantly, and looks like it wants to gap up again this morning.

Chasing runners of this magnitude can be a risky prospect, so remember, the eventual pullback that is bound to happen at some point, will often give rise to one or more substantial bounce opportunities.

CALGARY, ALBERTA, Mar 24, 2014 (Marketwired via COMTEX) — Supreme Pharmaceuticals Inc. (the “Company”) (TSX VENTURE: SL)(OTCBB: SPRWF) is pleased to announce that the Company has signed a conditional agreement with an arms-length South Okanagan-based company, whereby the Company has the option to purchase its producing medical marijuana business for up to twelve months for the sum of $1,000,000, payable in cash and shares, subject to regulatory approval. The Company is currently in a 10-business day due diligence period and if satisfied, Supreme will make a $100,000 option payment.

Side Notes:
Plays that did well last week that we want to continue to monitor: MNGA, and PBR (May $12 Calls)

Extended Watchlist:
ORFG, ICLD, IDN, HEB, CAMT, PAL, CREG, UBIC

Blue Horseshoe Stocks: Afternoon Updates – 03/21

Petroleo Brasileiro SA Petrobras (PBR)

We regarded the PBR options chain as an area of short term interest this morning, and are happy to report that our focus on the $11 Daily Calls paid instant dividends.

As you can see on the screen capture below, from roughly 10-11am , the Calls we were looking at traded in a range from .34 to .55. That’s an intraday gain of 61%

PBR serves as an excellent reminder of why we sometimes like to delve a little deeper than just the stocks themselves. Options have the ability to provide us with those rapid daytrading opportunities that we covet so highly, as we saw here today. In, fact, as we’re sitting here typing, the $11 Calls hit a new high of .64, pushing our max gains on the session to 88%

Positive ID Corp PSID Update

Just a quick update on one of our recent interests in PSID this afternoon. Following our tracking of this play from .0572 up to.125 (+119%) back in February, the stock consolidated, and has recently been holding support in the .08-.09 range.

As the following chart shows, there is a Golden Cross in the making that has us looking at the possibility of another breakout.

For that and other insight into the PSID chart, check out the following video we prepared: