BUCS Archives - Blue Horseshoe Stocks

BUCS, CBIS | Today’s Stocks

Business Continuity Solutions Inc. BUCS

We alerted BUCS as a potential bottom-bounceplay last Thursday. At the time it closed at .007, and Friday, saw a low of .0073, closing at .0099. From .007, that represents a gain 43%

It appears to be holding this PPS on relatively light volume, so we will want to keep an eye on it presently.

Cannabis Science, Inc. CBIS

CBIS is putting together one heck of a chart. It has been stairstepping its way up, having run from as low a penny, to as high as .2455 between January and February. (+2379%)

Following that big run, the stock hit a low of .05 on Mar 20th, and has now come to .169 (+238%) A return to the .2455 level from here would mark added gains upwards of 45%

BUCS Reaches New Lows | Potential Bottomplay

Business Continuity Solutions Inc. BUCS

We wanted to send out a quick update this afternoon on a play that we covered in mid-February. At the time, we were able to flip the stock from .025 to .035 between 02/16-02/22.

BUCS is now grabbing our attention yet again, this time in the wake of a substantial dropoff. We’ve seen new lows, and wanted to point to the possibility of an upcoming bottom bounceplay from this new base.

IRBL, SNPK, EFFI, VGTL & Today’s Extended Watchlist

Inrob Tech, Ltd. IRBL

IRBL was added to our watchist on Friday morning, as we observed a consolidation after huge run-up, timing the bounce perfectly. Opening at .0039, the stock ran on over four times its 3mo average volume, and closed up 118%, one tick below the high of day (.0085).

The next key resistance to break will be .0094, which was the high on Thursday.
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Sunpeaks Ventures, Inc. SNPK

SNPK had another nice day on Friday, with the massive promotion behind it continuing to bring much higher than average volume. The stock hit a high of .62. From where we picked up on this promo on Thursday afternoon, that’s over 60%

This morning, we are seeing premarket trades above Friday’s resistance point, so it would seem the trend will continue for the time being.
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EffTec International, Inc. EFFI

EFFI has news out this morning.We have been following this play for quite some time. The stock found support at .13 last week, and held nicely. We are interested to see if this morning’s PR can give EFFI the boost it needs for its next leg up.

BARCHART.COM is currently giving EFFI a “Buy” Rating as well.

TULSA, Okla., March 12, 2012 /PRNewswire via COMTEX/ — EffTec International, Inc. (OTC PK: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, is pleased to announce that the Company has executed a Distribution Agreement with a major Energy Service Company (ESCO) in the Philadelphia, PA area. The ESCO provides a broad range of comprehensive energy savings solutions, and has a broad network of customers, including several Fortune 500 companies in the Healthcare, Pharmaceutical Manufacturing, Consumer Goods and Software industries. The Distribution Agreement allows for EffTec’s innovative EffTrack(TM) System to be offered as a part of the ESCO’s suite of energy-saving products and solutions.
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VGTel, Inc. VGTL

We added VGTL to our radars on the 8th of March. At the time, the stock was trading as low as .60. To Friday’s high of day at .74, that represents possible gains of 23%

Volume was was strong on both Thursday and Friday, with over 300K shares having traded each day. We are interested to see how that carries over into this week.
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Today’s Extended Watchlist:
AGCZ, BUCS, MELY

UNDR, HPCS, EFFI & Today’s Extended Watchlist

UnderSea Recovery Corporation UNDR

UNDR ran into a key level of resistance at .0017. We thought we might see a break past that yesterday, but alas, as we all know, no one can be right every time.

Moving forward, we’d like to see support hold above .001.

HPC POS System, Corp. HPCS

This is a momentum alert that came up on our scans yesterday after seeing a huge volume increase. HPCS was bouncing off of a relative bottom for the better part of February, and yesterday, it bumped its head into resistance at .03.

The .03’s are going to be the key resistance point after which we think the stock could really make some headway.

EffTec International, Inc. EFFI

EFFI has been under consolidation over the past few sessions after making a huge gain this year. The stock moved from .011 in January, to a high of .182 (1720%) After the expected pullback, EFFI seems to have found solid support at .13

The EFFI chart continues to set up for a golden cross, one of our favorite bullish indicators, so we want to just camp out and wait for that to come to pass.

Today’s Extended Watchlist:

AGCZ BUCS CRPZ

BIOF, PEIX & Today’s Extended Watchlist

BioFuel Energy Corp. BIOF

Pacific Ethanol, Inc. PEIX

Although these companies are not linked, because of sharing a common sector (alternative fuels), it appears as if they are subject to many of the same trends and outside influences.

BIOF was first added to our radar back in mid-November. We caught it in the middle of a run, and watched it break out from .80-1.25, making overnight gains of more than 50%

We added PEIX on the same day as BIOF, due to a similar surge in buying. The stock saw a subsequent run from 1.01-1.85 (83%)

Both of these stocks have seen a pickup in buying much like we saw in November, and with many analysts calling for gas prices to continue to rise to $4.00 and beyond, we want to keep a close watch over alternative energy plays.
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BIOF News:
DENVER, Feb. 22, 2012 /PRNewswire/ — BIOFUEL ENERGY CORP. (NASDAQ: BIOF – News) announced today that it will be releasing its fourth quarter and year-end 2011 earnings on Thursday, March 1, 2012, after the market closes.

The Company plans to host a conference call on Friday, March 2, 2012, beginning at 11:00 a.m. (EST) to discuss the results. To participate, please dial (800) 944-8766. The participant code for the call is 84358. This call will be available for phone playback for 30 days by dialing (866) 281-6782. The access code for the replay is 167702.

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A look at the charts on these plays reveals almost identical situations, and more reason for mentioning these two plays in the same breath.
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Charts:

PEIX Chart
BIOF Chart
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Barchart Opinions:

PEIX: “Strong Buy”
BIOF: “Strong Buy”

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America West Resources, Inc. AWSR

This is the latest promo stock that has been bouncing, on Friday running intraday from .50-.93 for an 86% gain. It has been the subject of a lot of chatter over the past week, so we are keeping our eyes peeled on this one.

Today’s Extended Watchlist:
AGCZ, BUCS, CRPZ, EXTO