PSID Archives - Page 4 of 5 - Blue Horseshoe Stocks

FRTD, PSID, PLUG & Extended Watchlist

Fortitude Group, Inc. FRTD

Leading up to yesterday, FRTD had already afforded us the opportunity to make up to 122% as we called out the stock on Tuesday and watched as it subsequently ran from .0081-.018.

At the start of yesterday’s session, FRTD briefly peeled back to .0151, found support, and would go on to hit a high of .0249. That marked an intraday gain of 65%, and brings our two-day total of cumulative gains on this stock to 187%

That performance came behind a PR that was released after the open announcing the possible repurchase up to 100M shares, read ahead for the whole story:

ERIE, PA–(Marketwired – Feb 26, 2014) – Fortitude Group Inc. (OTC: FRTD) CEO Thomas J. Parilla today announced that its Board of Directors on February 25, 2014 adopted a corporate resolution to authorize a stock repurchase plan pursuant to which Fortitude Group, Inc. may repurchase up to 100,000,000 (100 Million) shares of its common stock. >> FULL PR

Positive ID Corporation PSID

Ever since we brought PSID, an old favorite, back to the table in a report we published on February 18th, the stock has been creeping steadily higher each day. At the time of that initial alert, we observed a low of .0572. That places our total possible gain on this play at 92% as of yesterday’s high mark at .11.

Take a look at the following chart we’ve annotated to highlight some of the key aspects of the chart. Conditions appear to suggest that a sustained uptrend could be in the cards. In the event that another consolidation period occurs we’d like to see support hold at or above the 200DMA.

DELRAY BEACH, Fla., Feb. 26, 2014 (GLOBE NEWSWIRE) — PositiveID Corporation (“PositiveID” or “Company”) (PSID), a developer of biological threat detection and diagnostics solutions, today provided a review of its 2013 accomplishments and its outlook for 2014.

William J. Caragol, PositiveID’s Chairman and CEO, commented, “2013 was a very important year for us as we continued to position the Company and its products to address and capitalize on significant current and forecasted market opportunities in defense, healthcare and the molecular diagnostic sectors. We are currently in strategic discussions with several large government and commercial partners related to our biothreat detection (M-BAND) and medical diagnostics (Firefly) products, and expect to enter into agreements with one or more of these partners/customers in the first half of 2014. >> FULL PR

Plug Power, Inc. PLUG

February 15th marked the one year anniversary of PLUG appearing in our reports for the first time. We’ve continuously monitored this stock’s amazing progress, coming all the way from .1155, and continuously growing into the $4.00+ gem that you see today. If you take a look at the search results for PLUG in our archives, you can see that we’ve followed it every step of the way.

You don’t need a calculator to tell how impressive the overall move from PLUG has been, but just for fun, let’s use ours: In one year’s time, PLUG has given us the gift of an absolutely unreal increase of 3,917% measuring from yesterday’s high of 4.64!

The stock reached these heights thanks in part to orders the company has received from the world’s largest retailer. Along its current trajectory, we would not be surprised to see this stock continue its steady advance:

Plug Power Receives Milestone Order From Walmart for Multi-Site Hydrogen Fuel Cell Deployment

LATHAM, N.Y., Feb 26, 2014 (GLOBE NEWSWIRE via COMTEX) — Plug Power Inc. (Nasdaq:PLUG) today confirms the company has received a multi-site GenKey purchase order from Walmart Stores, Inc. to roll out its hydrogen fuel cell solution to power electric lift truck fleets at six North America distribution centers. The first of six sites will be deployed by the second quarter of 2014. >> FULL PR

Extended Watchlist:
JCP, DANG, CRDC, SYMX, CTIC, PEIX, BIOF, FMCC, FNMA

Blue Horseshoe Stocks | Midday Updates – 02/25

Positive ID Corp. PSID

We had to do a quick update on PSID for our readers this afternoon. If you recall, we alerted this stock a week ago today, at which time we caught the stock at a low of .0572. Here we are, just five sessions later, and we’ve now seen a high of .095. That’s a big 66% gain in a relatively short time frame, congrats to anyone who has been following along with this play.

We took the liberty of updating the video we posted on this chart last week, click through to view our discussion of the Level 2 and some of the finer points which make the PSID chart attractive to us:

Options – Blackberry (BBRY) Calls

We certainly hope that folks caught our mention of the BBRY $10 Calls this morning. We stated that they were “in line for a serious run-up” granted the premarket conditions of BBRY stock, and they couldn’t have behaved more predictably.

Those 02/28 $10 Calls ran from a low of .40, rocketing up as high as .94. That’s a single session move of 135%, and a fine example of why we like options trading so much. From the .12 level that we caught these contracts at last Thursday, today’s high represented a total possible gain of 683%

PSID, DEWM, TTDZ & Extended Watchlist

Positive ID Corp. PSID

The timing of our alert on PSID yesterday turned out to be fortunate, as the stock reversed its recent trend and underwent a bounce just as we had suggested it might. After gapping up slightly from last Friday’s close at .06, it traded from .062 up to .075, a 21% intraday move. We saw higher lows and higher highs, which included a breach of the seven-cent resistance point we mentioned yesterday, and closed up 13% on the day having traded roughly 30% more volume than its 3-month average.

We’ll be looking for PSID to do as it did yesterday, making higher lows and higher highs, which would confirm that yesterday’s rebound was not an isolated event.

Check out the following video chart of PSID:

Dewmar International BMC, Inc. DEWM

We mentioned DEWM for the first time on February 10th, and on that day, observed a low of .0036. We couldn’t be much more pleased with what the stock has done since then, making higher lows and higher highs every single day. At yesterday’s high of .029, we were looking at possible gains of 705% from the low we witnessed just six sessions ago!

Big congratulations are in order for anyone who was able to take advantage of this awesome run by DEWM. We’re going to continue to follow the stock up while on the lookout for any signs of a pullback, which will eventually lead to what we feel could be some impressive rebound action.

Triton Distribution Systems, Inc. TTDZ

TTDZ first appeared on our radar on January 30th after we noticed a share reduction from 1.5B to 1.2B. Around that time the company was working to clear up an issue regarding its reporting status on OTC Markets, and has now attained Current Status once again. We’ve seen this stock come from a low of .0012 and run to .0049 (02/07). It followed that move with a consolidation down to .0021 (02/14), and yesterday found its way back to a high of .0049, where it closed.

Combining the two major runs we’ve seen from TTDZ in the 6 weeks we’ve been watching it, brings us to cumulative gains amounting to 441%

Extended Watchlist:
CHTP, LTBR, HL, SYN, OCLS, USU

Blue Horseshoe Report | Positive ID Corporation | PSID

Positive ID Corp. PSID

This morning we are talking about PSID, a stock which recently made a significant spike, and one that we are monitoring closely as it searches for a bottom. Before taking a look at the chart we’d like to briefly go over the various aspects of PSID‘s business, which we think you’ll find interesting.

Molecular Diagnostics:

Via its wholly-owned subsidiary acquired in 2011, MicroFluidic Systems (MFS), PSID develops sophisticated bio-threat detection systems for the purposes of rapid testing designed to detect a range of biological anomalies. Some of these medical diagnostic devices are reminiscent of something out of science fiction as you’ll see below, made possible through advanced molecular biotech.

The company’s M-BAND (Microfluidic Bio-agent Autonomous Networked Detector) threat detection system was developed under contract for the United States’ Department of Homeland Security, specifically to detect airborne pathogens (biological weapons), but the theoretical range of applications for this patented tech extends even further.

Its DragonFly system is a series of ‘microfluidic’ cartridges which can detect HPV, environmental bacteria, including antibiotic-resistant types such as MRSA. The DragonFly cartridges are low-cost, disposable, portable, and virtually fool-proof in their function. They facilitate testing with no worries over human error.

For point-of-care diagnosis, the FireFly Dx system is a portable handheld device capable of cell lysis, purification, PCR analysis, and the identification for nucleic acids, allowing for efficient field testing. PSID expects it to be of special significance for the third-world, where identification of potentially destructive pathogens is top priority for first-response teams, and an area which has been lacking in the past.

Diabetes Management:

Also under development, PSID has Easy Check, a glucose-level “breathalyzer”-type system that detects acetone levels in a diabetes patient’s breath, as an alternative to traditional pin-prick methods. Implementing single-use reagent capsules causing a chemical reaction allows detection of acetone which can be correlated to derive a glucose reading. The company reports preliminary testing at its Israeli research facility to have been successful, so we would be very excited for a future update on the progress of this aspect of PSID‘s business.

In the event that a workable and accurate device could be ultimately developed, it could chance the face of glucose testing for diabetics everywhere, a pool which includes a roughly-estimated 80 million adults in the US alone.

The company is reportedly working on yet another alternative to classic diabetes testing methods with an implantable RFID bio-sensor called the Glucochip.

PSID Chart:

As far as the PSID chart is concerned, if you take a look back to this past November, the stock ran from the low .02’s to almost .07 and spent the rest 2013 generally consolidating. At the end of last month the stock picked up once again, and last week ran to nearly .14, breaking that previous resistance point at .07. We’re now coming to PSID in the midst of another consolidation, with it posting three consecutive red candles to finish out last week.

We’ll want to keep a careful eye as this play searches out a bottom, because the opportunity for a significant bounce is present. We’ll need to see PSID hold support at or above .045 just below a recent gap on the chart. Once a rebound occurs, we will be on the lookout for a break of resistance at .07, which would certainly lead to a large percentage increase. Another run to its previous swing high from current levels would produce double-bag gains, so we’re placing PSID on intensive bottom-watch.

LINKS TO RECENT PRESS:

More Info @ PSID Website: http://www.positiveidcorp.com/

BMSN, NEWL, KNDI & Extended Watchlist

Bio-Matrix Scientific Group, Inc. BMSN

BMSN is an old-time favorite of ours, that we’ve most recently mentioned in both Friday and Monday‘s extended watchlists. On Friday, the stock was as low as .0032, which, at yesterday’s .0048 high, marked a two-session spike of 50% BMSN managed to get above the 200DMA, and broke above resistance at a recent swing high (05/06/13 @.0045). The next key resistance comes at .0062.

Side Note:
Also included in Friday’s report with BMSN was Entest Biomedical, Inc. (ENTB). The two companies are headed up by the same management team. After trading as low as .0019 yesterday, ENTB also made a run, closing at its high of .0026, a 37% move. We’ll be monitoring for a continuation of that momentum this morning.

NewLead Holdings Ltd. NEWL
Speaking of momentum plays, here’s one fresh off our morning scan: NEWL was rebounding off of a recent 52-week low and having a breakout session yesterday. The stock closed at its high of day, and even continued its ascent after-hours. We are going to want to watch this mover into today’s trading. Momentum like that often produces extended multi-day runs, and if that is the case here, we’ll want to take full advantage.

Kandi Technolgies Group, Inc. KNDI & Other EW Winners
We also wanted to give ourselves a hearty pat on the back for our timely inclusion of KNDI in yesterday’s Extended Watchlist. This NASDAQ-traded stock made quite an impressive daily run for a security in this its price-range, trading from a low of 7.20 up to 8.31, gaining 15% on the day.

Other gainers on the day from yesterday’s win-filled extended watchlist include OSH, IGLD, & RNN.

Extended Watchlist:
PSID, XIDE, FREE, STWG