AEGY Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: Cannabis Stocks & More

Cannabis Stocks

We’re going to kick off this Wednesday morning with a number of pot stocks to discuss. As conditions in the sector continue to normalize after the frenzy that took place early this year, there are still many opportunities that have been presenting themselves, as well as a good many storylines to follow. Here are a few of the plays that have our interest piqued at the moment:

Advanced Cannabis Solutions, Inc. CANN

We’ve been tracking CANN since January 8th (from a low of 6.31), and had been beyond pleased when the stock transformed into a raging beast, hitting 35.88 on Friday. After congratulating our readers on those possible gains of 469% on Monday, we’ve now seen even further strides from CANN. It dipped to 31.45, and ran an additional 46% as of yesterday’s 46-dollar high. From our initial alert, yesterday’s high-of-day represented an overall move of 629% Not too shabby for a time period of less than two months!

Alternative Energy Partners, Inc. AEGY

We began following AEGY closely on January 27th, at which time, we observed a stock at .0036 which would go on to run up to .0119 for a possible gain of 236% just five days later. Since then, AEGY had been gradually consolidating, and reached a low of .0046 on Monday. With the help of an exciting merger PR yesterday, the stock turned around and ran back up to the .0089 level (+93%).

Making things even more interesting, is the fact that the company that intends to merge with AEGY is one that we are familiar with, in SKTO. The resulting entity will surely be a company that we’re going to want to follow closely.

LOS ANGELES, CA, Mar 04, 2014 (Marketwired via COMTEX) — Alternative Energy Partners, Inc. (OTCBB: AEGY) (OTCQB: AEGY), doing business as PharmaJanes(TM), and SK3 Group (OTC Pink: SKTO), doing business as Medical Greens(TM), announce that their respective Boards of Directors have agreed in principle to merge the two companies for better market efficiencies and to create a single medical marijuana market support company which can qualify for a higher (AMEX, NASDAQ) market listing. >> FULL PR

Medican Enterprises, Inc. MDCN

Here’s another medical marijuana play that started to break out yesterday, one that we’re going to want to watch as we cruise through mid-week. Interest stems from a 8K-filing dated 01/21 that outlined an agreement MDCN had formed with two cannabis-related companies that will be assisting MDCN in obtaining licensed-producer status from Health Canada in hopes of entering into the Canadian medical pot business. Never having traded this high, it’s fair to designate MDCN as being in Blue-sky Breakout Mode, so caution should be employed, however, the chance for momentum to carry this stock even higher is certainly present.

ML Capital Group, Inc. MLCG

Per a 02/28 press release MLCG recently announced that it would be expanding their cannabis-related activities when they patented the name “SuperStar Vapor Pens.” In that release, it stated that it had begun an “aggressive sales campaign to launch this new product line during the next two months” and that the company had “already received verbal commitments with two major distributors to carry SuperStar Vapor Pens and sell them on a national level” According to MLCG, we can expect news of the finalization of those purchase orders by next week, so MLCG is one that we’ll be putting on our radar at least until that time.

Triton Distribution Systems, Inc. TTDZ

Another of our recent favorites in the sector, TTDZ, has news out this morning that we wanted to pass along:

WINNETKA, CA, Mar 05, 2014 (Marketwired via COMTEX) — Green Cures Inc. and Triton Distribution Systems, Inc. (OTC Pink: TTDZ) is pleased to announce the acquisition of FutureMarijuana.com and its Online Network Portfolio. The acquisition of this portfolio is of significant value to Green Cures Inc. presently and in future operations.

Green Cures, Inc. management decided to add additional partnerships that will enrich its business resources, including those with licensed agricultural cooperatives in the state of Colorado; as well as, production, marketing and distribution of Cannabidiol (CBD) products labeled “Green Cures”. >> FULL PR

Kandi Technologies, Inc. KNDI

Now to shift gears away from pot stocks, we have yet another success-story to point out. We first came across KNDI last summer when it was trading at a low of 4.41. The stock hasn’t done any backsliding since then, and in fact, has continuously pushed the envelope to present levels ($18-range), which are incidentally 325% higher than that all-time low.

Even the gains from our most recent alert of KNDI (Feb. 10th, low of 13.02) as of yesterday’s 18.75-high are impressive, standing at 44%

Suburban Minerals Corp. SUBB

While we didn’t see a monstrous breakout from SUBB yesterday, the stock did register modest gains, closing up just over 4% on the day, on roughly twice its 3-month average volume. We’re still looking for a break of recent resistance at .19, and will need to see support continue to hold above .165.

As we stated yesterday, if SUBB can break out of this channel, we feel that it could easily run back to test recent highs in the .24-.27 range.

Extended Watchlist:
FCEL, BLDP, DARA, ZBB

Blue Horseshoe Stocks: DEWM, AEGY, AFAI, TTDZ

Dewmar International BMC, Inc. DEWM

DEWM met our expectations yesterday, and in a convincing fashion at that. If you recall, we pointed out the likelihood of the stock making significant gains on the heels of a joint press release with cannabis sector star, Hemp, Inc. (HEMP).

DEWM didn’t disappoint; after trading as low as .0051, the stock ran into the close, ending the session just one tick below its .0085 high-of-day on more than 3x its 3-month average volume. Sharp traders could have achieved gains of up to 66%

Counting from our initial alert low of .0036 (Feb 10th), yesterday’s high represented an overnight move of 136%

After such a rapid run-up, we’ll be on the lookout today for DEWM to possibly gap up and undergo a dip-and-rip scenario.

Alternative Energy Partners, Inc. AEGY

AEGY is another one that closed near its high yesterday. Apart from a brief mention back in May of last year, we’ve been discussing it pretty regularly since January 27th. At the time, the stock was trading at .0036, and followed that up with a 236% run to .0119.

We then saw a consolidation to .0069, and we’re happy to report that yesterday the stock reached a high of .0094, adding another 36% to our already impressive gains.

Alternative Fuels America, Inc. AFAI

We added AFAI to our cannabis stock watchlist yesterday, and a classic dip-and-rip played out as we observed an intraday gain of 19% from .1512-.18.

At this point, its becoming difficult to keep track of all the opportunities provided to us by marijuana-related stocks, but we continue to do our best to point out as many as possible! With percentage gains pushing into the tens-of-thousands, it has certainly exceeded our wildest expectations, and the winners just keep on coming.

Triton Distribution Systems, Inc. TTDZ

We had TTDZ briefly on the back burner, and noticed that the company released its Quarterly Report on OTC Markets yesterday. It included such highlights as increased gross profits for the 3-month period ending 09/30/13, which exceeded the corresponding period for the year prior by 521%

We’re going to continue to monitor TTDZ for any further developments, of which we will certainly keep our readers apprised, so stay tuned!

SING, USEI, AEGY & Extended Watchlist

Singlepoint, Inc. SING

SING was an unbelievable gainer for us yesterday, so much so that we felt the need to send out an afternoon alert just to make sure everyone was paying attention. After briefly touching .0195 just after the open, the stock went into beast-mode and rampaged its way into the close at its high of day, .084, a 331% intraday move on roughly 12x its 3mo. average volume.

At the time of our afternoon update (2:30pm) the stock was trading at .044, so even those who missed the morning report could have still made gains of up to 91%

We want to point out another aspect of SING’s performance that serves as a good lesson: In yesterday morning’s report we stated: “Indeed we are seeing the gap-up that we expected, this morning pre-market trades have gone off as high as a nickel. After such a huge spike, we wouldn’t be looking to jump in head-first, as a dip-and-rip scenario is exceedingly common in these situations.”

We hope that many of you caught this tidbit, because SING then executed a textbook dip-and-rip, coming down off of a nickel to touch that low of day at .0195 before taking off into the stratosphere. Congratulations to anyone who adeptly played this monster of a play. It was a great way to kick off another exciting week of OTC trading.

US Energy Initiatives Corp. USEI

Speaking of monster gainers, USEI is the other major reason why we hope folks caught our afternoon update yesterday. Our alert couldn’t have been timed much better; the stock was trading at .0027 when we published our report at 2:30pm, just before it would explode to hit a high of .0064 (A possible gain of 137%) and close just a couple of ticks below at .0062 on over 20x its average volume.

The stock traded roughly 80% of its 500M float, meaning the supply of freely-traded stock on the Street is dwindling, a scenario that could produce even more large gains as we go forward.

Remember, this company just announced its entry into the Cannabis Sector yesterday, so we’ll be monitoring this stock alongside all of the other pot plays we’ve been tracking.

Alternative Energy Partners, Inc. AEGY

AEGY was another one that appeared in yesterday’s reports and afforded traders the chance at sizable profits, as it too played out a dip-and-rip from .0082 to .0119, a 45% move. The main difference between this and the aforementioned stocks, is that we have been following AEGY closely since the beginning last week, when the stock was trading at a low of .0036.

From our initial alert price, AEGY’s high yesterday represented a one-week increase of 231%

AEGY just underwent a Golden Cross on its chart, which will make it one story to follow closely as the week progresses.

Extended Watchlist:
JCP, RSOL, NURO, HEB, OCLS, PTIE

Blue Horseshoe Stocks: Afternoon Updates

Afternoon Updates

We had so many potential winners in this morning’s report, we wanted to send out a quick afternoon update highlighting the best ones:

Singlepoint, Inc. SING

SING came down as low as .0195 early-on this morning, and began to run once again, pushing as high as .0495, an intraday move that provided a gain of up to 154% That’s an impressive figure for a first alert, so this is most likely going to be a topic of continued discussion moving forward. SING is shattering its norms for volume, currently closing in on 10x its 3-month average.

Alternative Energy Partners, Inc. AEGY

AEGY made its mark as well today, trading in a daily range from .0082 to .0119, a 45% move on just under four times its average trading volume.

BioTelemetry. Inc. BEAT

BEAT was one off of this morning’s extended watchlist that made a nice positive move. It briefly touched 8.20 early in the session before making a solid 15% move to 9.44. That’s a significant margin of gain for a stock in this price range over such a short time span.

US Energy Initiatives Corp. USEI

In addition to those mentioned this morning, we wanted to add another stock to our radar this afternoon in the form of USEI. We’ve been watching this one blow up today after announcing its entry into the Cannabis Sector. The ‘Green Rush’ strikes again! We’re going to add this to our long-term pot stocks tracking list as well as continue to monitor its short-term activity.

SANTA CLARITA, CA–(Marketwired – Feb 3, 2014) – U.S. ENERGY INITIATIVES CORPORATION, INC. (OTC Pink: USEI) is pleased to announce today that the Company has decided to enter the Medical Marijuana and Hemp industries to capitalize on opportunities and relationships it has in the sector. The Company has already begun forming a subsidiary called USEI Cannabis Initiatives Corp and will develop the website for the Company and the web address will be www.useicannabis.com.

SING, AEGY, PROW & Extended Watchlist

Singlepoint, Inc. SING

SING was on the move Friday, following some exciting news (below) and we placed it on our Stock Tracker which you can find in the sidebar of our blog at BlueHorseshoeStocks.com. This is a good example of why we recommend visits to our site regularly, even if you’ve already received our daily report in your inbox. There is often content that gets added to the site throughout the course of the day, so keep that it mind!

Additionally, SING was discussed in our live trading chatroom, which is open to anyone with an interest in stocks, and a Skype connection. If you’d like an invite to the chat, send a Skype contact request to username: stocksumo

The following images show some of Friday’s chat activity on SING:

Indeed we are seeing the gap-up that we expected, this morning pre-market trades have gone off as high as a nickel. After such a huge spike, we wouldn’t be looking to jump in head-first, as a dip-and-rip scenario is exceedingly common in these situations. The resulting bounceplay could still provide traders with ample opportunity. Being another cannabis-related stock, SING is sure to be on our radar well into the future.

PHOENIX, AZ–(Marketwired – Jan 31, 2014) – SinglePoint, Inc. (OTC: SING), a state-of-the-art mobile technology and full-service mobile marketing company, announced today that it has developed a fully functional mobile payment system branded for the Cannabis and Medical Marijuana Industry — Mobile Cannabis Currency. Concurrently SinglePoint is developing point-of-sale mobile payment systems for use by cannabis dispensaries. This system is based on payment technologies used in the field for other business applications.

SinglePoint also provides text message marketing and notifications. This will enable cannabis establishments to send out messages informing their clients of the latest inventory and new products or services. Due to the nature of the industry, SinglePoints’ mobile marketing technology — the opportunity to market directly to their target market — will be a large benefit to Cannabis and Medical Marijuana providers. >>> FULL PR

Alternative Energy Partners, Inc. AEGY

Speaking of momentum plays that were running on Friday, we saw AEGY (which had already afforded us cumulative gains approaching 200% earlier in the week) run from .0036 to a high of .0078. This morning, the stock has breached a penny in pre-market trading, presumably over continued excitement with Friday’s PR regarding the readiness of the company’s online marijuana dispensary. With the monster swings AEGY has been making since we first began talking a lot about it last Monday, we’ll need to watch closely.

LOS ANGELES, CA, Jan 31, 2014 (Marketwired via COMTEX) — Alternative Energy Partners (OTCBB: AEGY) (OTCQB: AEGY), known as PharmaJanes (“the Company”), is pleased to announce that PharmaJanes.com, the e-commerce servicing platform, is now open for new patient enrollment. PharmaJanes will first begin servicing parts of metropolitan Southern California, and thereafter will expand throughout California in phases. At the appropriate time, PharmaJanes intends to roll out nationwide. >> FULL PR

Progress Watch Corp. PROW

PROW has been a superstar since we began talking about it heavily beginning on December 20th, when we caught it at a low of .0065. From the very start, we were looking for a Golden Cross formation on the chart to signify upcoming gains, and we were not disappointed in the slightest. The stock went on to hit a high of .079 just three weeks later, a mind-numbing move of 1115%

Since that peak we’ve seen PROW undergo some routine consolidation, and it seems to have established itself a base of support around four cents, so we want to call attention back to it as the time for another swing may soon be drawing near.

Extended Watchlist:
KTOS, NBG, GIG, RITT, PGNX, IPCI, BEAT, CTIC