Blue Horseshoe Stocks: ACGX News Out


Alliance Creative Group, Inc. ACGX

Between this morning’s news, and the current state of the ACGX chart, we figured it was time to revisit this play. The stock has been under consolidation since the exceptional gains it has provided for us over the past couple of weeks, although it has held a decent level of support.

For those who don’t recall the specifics- We first alerted ACGX on April 16th (.0055), were rewarded with a run up to .011 (100% Gain), followed by a dip to the .0075 area, and a subsequent 25% move back up to .01.

As we stated above, the chart is in another consolidation pattern, so now is the time where we observe very closely for any signs of a reversal. As you can see on the annotated chart below, we’re looking to see support hold here at .0077. Should that not occur, we’ll need ACGX to hold support above our initial alert price.

This morning’s news is intriguing, outlining the company’s intent to cater to the rapidly-expanding marijuana sector, and service its printing and packaging needs. With all the new pot-related businesses that are springing up, surely there will be a great need for branding, and top-quality product presentation is one of the cornerstones in that area. The upcoming Cannabis Investor Conference in Denver will be an excellent litmus test for ACGX’s potential in the popular market space, as a multitude of legal and medical marijuana entities will be in attendance.

CHICAGO, IL–(Marketwired – April 30, 2014) – Alliance Creative Group, Inc. (ACGX) (www.AllianceCreativeGroup.com), is pleased to announce that it will be the Official Printing and Packaging Sponsor along with being a Presenter for the 1st Annual Cannabis Investor Conference in Denver, Colorado at the Denver Downtown Westin Hotel on June 29th to July 1st, 2014. The conference will connect privately held and publicly traded companies in the cannabis industry with industry investors, analysts, and tobacco companies and will include presentations, industry keynote speakers, panel discussions and one-on-one meetings. >>> FULL PR

The conference will be held just prior to Washington State’s planned start to legal recreational sales (Currently slated for July), so it gives us the impression that the sector as a whole could undergo a revitalization this summer, and ACGX could find itself reaping some of the benefits.


Extended Watchlist:
PTEK, SGYP, RFMD, ZA, ASTI, GFIG

Blue Horseshoe Stocks: ACGX Hits New High & Special Reminder

Alliance Creative Group, Inc. ACGX

Despite the fact that ACGX has been appearing continuously in our daily reports since we brought it to readers at a low of .0055 last Wednesday, April 16th,we’re fairly certain that no one is getting tired of hearing about it.
We certainly aren’t tired of reaping the rewards of what has been an extremely productive stock over the past few sessions. Prior to yesterday, we had seen the big 91% run from the low up to .0105 ( *Please excuse our error in yesterday’s report where we accidentally published .105 as the high), as well as some rapid swings and chances for dip-and-rip style plays that added up to a cumulative total of 59% on Thursday.
Yesterday, after coming down to trade at a low of .0091, ACGX ran 21% intraday, once again busting through the penny barrier and touching a new high for us, peaking at .011, an even 100% increase from the low of just three sessions ago.

Congratulations are again in order for anyone who has been following ACGX to substantial and repeated gains. The saving grace with this rare OTC gem is the fact that it boasts solid fundamentals, as your own personal due diligence will certainly confirm.

We’ll continue to keep everyone updated on this stock, which has turned into one of our most exciting and rewarding plays this year outside of the cannabis sector.

Link to Yesterday’s PR: Alliance Creative Group (ACGX) Surpasses $3,200,000 in Revenue and Over $275,000 in Net Income for Q1 2014 (Apr 21)

ACGX Wesbite: www.alliancecreativegroup.com


American Apparel, Inc. APP

We re-introduced APP to our reports on April 15th, as “more of a long-term watchlist item that we like to continuously monitor for opportunities over extended periods of time.”

The stock was trading sideways off of support at its bottom at the time, and has since begun to come up to fill the gaps that we pointed out on the chart that day.

APP is currently trading up 5% pre-market, at .56, and if it can fill the gap all the way to .58 and surpass it, the next key resistance point comes at .60.

So we just wanted to reiterate our interest in APP as it recovers off of its bottom and we head into the summer months, which serve as a precursor to the busy retail season.


SPECIAL REMINDER:

We’ve got another new pick coming tomorrow morning, so make sure to monitor your inbox pre-market, or stop by the Blue Horseshoe Stocks blog just prior to the opening bell so you don’t miss out!


Extended Watchlist:
MTG, RSH, CTIC, NEPT, CTIC

Blue Horseshoe Stocks: Updates on ACGX & AVOP

Alliance Creative Group, Inc. ACGX

As you know, ACGX brought us an excellent chance at gains of up to 91% following our initial alert on Wednesday, (trading in a range from .0055-.0105) and the stock continued to provide opportunities as we closed out the short week on Thursday.

It traded with increased volatility compared to the previous session, but the chances to profit for the quick-witted trader were present. The chart below shows how one could have taken advantage of the swings and flipped ACGX for cumulative gains adding up to 59%

Thursday’s Major Swings:
.0084- .0099 (18%)
.0078 -.0089 (14%)
.008-.0088 (10%)
.0076-.0089 (17%)

We pointed out on Thursday that we wanted to see support hold above .0069, and that’s still true as we kick off a new week. We also want to focus on a PR released by Alliance just a few minutes ago:


Net Income Increased Over 150% in Q1 ’14 Compared to Q1 ’13

CHICAGO, IL, Apr 21, 2014 (Marketwired via COMTEX) — Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce it has surpassed $3,200,000 in revenue and over $275,000 in Net Income for the first Quarter of 2014 ending March 31, 2014.

The 2014 First Quarter numbers, ending March 31, 2014, represent an increase of about 30% in revenue and an increase of more than 150% in Net Income compared to the first quarter of 2013. The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements will be completed and posted on the OTC Market Company website at www.OTCmarkets.com under the stock symbol ACGX under the section for filings and disclosure around the 2nd week of May, 2014. >> FULL PR

______________

BARCHART.COM is currently rating ACGX an “88% Buy” Overall


AV1 Group, Inc. AVOP

While our coverage of the cannabis sector spans back to 2012, and covers a vast range of stocks, AVOP is one marijuana play that we only just recently added to our ongoing watchlist.

After it popped up on a routine scan for interesting news, we tagged it in our report dated  Tuesday, April 8th, and were duly rewarded for our efforts as we witnessed a subsequent run from  .0006 to .0018 (+200%).

AVOP pushed to a high of .0023 on Wednesday (overall move of 283% in roughly a week), and on Thursday after having come down to .0015, ran once again as high as .0021.(+40%)

The relaxation of the cannabis sector is undeniable, but stocks like AVOP have shown us that the opportunities are still out there.


Extended Watchlist:
PBR, AMD, PLUG, BLDP, FCEL, CBEY, RNA, WYY