ABAT, SOCR, ICLD, FREE & Extended Watchlist

Over the 2+ years since we turned our long-running daily newsletter into the Blue Horseshoe Stocks blog, we have covered an extremely wide pool of stocks. In fact, the number of plays we’ve passed along since the site’s inception is now approaching 1000.(Click here to view the symbol index.) We also have a couple of new plays to add this morning:

Advanced Battery Technologies, Inc. ABAT

ABAT has been on a full-fledged breakout for the past four sessions, and momentum has been building. With volume increasing, and a golden cross setting up on the chart, this is definitely a stock that will be drawing our attention this morning.

Following this monstrous run, in the weeks ahead, we’ll also be on the lookout for a pullback and any eventual bounce opportunities it could afford.

Solpower Corp. SOCR

SOCR seemed to awake from hibernation yesterday as it traded up on light volume, causing it to pop up on our unusual activity scanner.  We’re going to want to keep this one on our radar moving forward.

FreeSeas, Inc. FREE

After re-alerting FREE as it was coming off of a bottom, the stock continued its progress, opening up at .36 and trading as high as .4048 on greater-than average volume. That marks an intraday gain of roughly 12.5%

As is the case with all stocks on the rebound, we are looking to see higher highs and higher lows posted on the chart.

Just prior to this stock’s last major run, we called out resistance in the .33-.38 area, the breaking of which led to serious gains. Those levels have been breached again, so FREE now has us back on high alert.

InterCloud Systems, Inc. ICLD

After having been as low as 4.41 following our initial alert of  ICLD on Friday morning, and as low as 8.67 following our Friday afternoon update, the stock continued to roll on Monday.  We saw a high of 16.69, which could have provided gains of up to 278% for those that caught the first alert, 93% following the second.

Congrats to anyone who has been able to ride the waves of gains that ICLD has provided over just a few short days.

Extended Watchlist:

SAFC, PPHM, BTHR & Extended Watchlist

We wanted to bring SAFC to your attention this morning, as a number of factors is causing us to keep a watchful eye. The company recently announced a share buyback program for the month of January wherein 1,000,000 shares will be bought at up to $0.20 per share. We are also seeing a stock coming off of a recent bottom; on Friday it rose 15% on light volume. This often indicates a tightly-held, low-float play, upon which any surge of buying can act as a catalyst for much larger increases.

It is for those reasons that we kick off our week keeping an eye on SAFC.


Peregrine Pharmaceuticals, Inc. PPHM

We’ve seen a lot from PPHM in the roughly 5 months we’ve been monitoring the stock. With our first mention coming on August 14th, and focusing more intently in the weeks that followed, we saw PPHM rise from the 1.80’s all the way up to 5.50 on Sept. 21st. It was at that time we observed a huge sell-off, in fact the stock has been as low as .68 as recently as November.


Big Three Restaurants, Inc. BTHR

BTHR was as low as .0012 when it appeared on our watchlist on Wednesday. On Friday the stock closed at the high-of-day of .0022, for a gain of 83% in just two day’s time.


Extended Watchlist: