Tag: ASTI

Blue Horseshoe Stocks: DRL, PLUG Earnings & More

Doral Financial Corp. DRL

Following yesterday morning’s mention of DRL and the opportunities it has sent our way over the past couple of months, the stock once again provided for us. This time, it came in the form of a classic dip-and-rip, making its way down to an early-morning low of 6.80 before spending the rest of the session on the rise. We saw shares changing hands at 7.68 just prior to the close, a modest yet solid intraday move of 13%

Estimates have DRL’s earnings release pegged for the end of next week, so it should be interesting to see how this play fares over the next handful of trading days.

Petroleo Brasiliero SA (Petrobras) PBR Update

PBR has fallen into a consolidation pattern over the past couple of sessions, and we are monitoring the chart for signs of a bottom. The stock crept below 15.50, its lowest price in a month.

We’d like to see PBR get back above the 50DMA of 15.68, but in the meantime, we’ll  need to see support hold above the 14.50-mark. Once we observe the telltale signs of another turnaround, we’ll be able to re-form our options trading strategies.

Plug Power, Inc. PLUG– Earnings Released

Our regular readers are well familiar with PLUG, a stock that has graced our reports dozens of times over the years, which we tracked over a mind-numbing range, .135-11.72, from early 2013 to March of this year. This morning will be a good time to turn our attention back to this hall-of-famer.

We want to keep an eye on PLUG in the wake of its earnings release early this morning. The stock is presently gapping up on the strength of record revenues, and looks to be gearing up for an interesting session. We’ve taken an excerpt from the PR, and provided a link to the full release below:

Total revenue for the second quarter of 2014 was $17.3 million, comprised of $12.6 million of product revenue, $4.4 million of service revenue and $0.3 million of research and development (R&D) contract revenue. This compares to total revenue of $7.5 million in the second quarter of 2013, which was comprised of $5.6 million of product revenue, $1.5 million of service revenue and $0.4 million of R&D contract revenue.

The Company shipped 687 units during the second quarter of 2014 compared to 246 units in the second quarter of 2013. >>> FULL RELEASE

Extended Watchlist:
KRED, ASTI, SYN, OIBR, FRO, FREE

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: EWSI & Extended Watchlist

E-Waste Systems, Inc.  EWSI
Following our last mention of EWSI, on August 21st, the stock was trading at a low of .0425, and in just six trading sessions, the stock had topped out at .10, racking in gains to the tune of 135%

Following that run, the stock gradually consolidated, as it searched for a bottom throughout the month of September. This morning, we are entering EWSI back into the conversation, as it appears to have found that bottom, and begun to show signs of another uptrend.

The stock breached its 50DMA at .043, and managed to close at that level. The chart is looking extremely ripe, as we’ve pointed out with the annotations below. We definitely want to keep a sharp eye on this stock today, and heading into next week.  A return to its previous swing high could mean another triple digit gain from EWSI.

Extended Watchlist:

PTSC, DSCO, IDRA, ASTI, HSOL, STXS