Tag: CSIQ

Blue Horseshoe Stocks: Friday’s Movers, New Ideas & More

Friday’s Notable Moves

Each of the following plays exhibited appreciable upswings on Friday afternoon after having appeared in our reports for the day and days prior. We’ll have each of these stocks on watch for the possibility of continued momentum this morning:

Nate’s Food Co. NHMD

NHMD covered the most ground as it traded in a range from .0019-.0035 on Friday, running 84% intraday and closing at the high of day on volume to the tune of well over five times its 3-month average. We’ll certainly have an eye out for further activity as we open things up on this holiday-shortened trading week.

Guided Therapeutics, Inc. GTHP

We latched onto GTHP early last week and would see a nice little two-day run from the stock to finish it out. Our observed low came on Thursday at .0102, which gave way to a subsequent high of .015 on Friday, marking an overnight increase of 47%

Sparta Commercial Services, Inc. SRCO

SRCO was a steady climber on Friday which traversed its way from .0025 to .0031 over the course of the day, which represents a modest yet notable 24% rise. It too qualifies for sustained monitoring as a possible momentum play, having closed at its high mark for the session.

ProGreen Properties, Inc. PGEI 

We want to put PGEI on our radars this morning as well, not only for the momentous session it had on Friday, but also due to the content of the PR released by the company early this morning.

Following up from a release they put out in January, the company announced the completion of a joint venture agreement that puts them on track to develop a 300-acre property of proposed farmland in Baja California, Mexico in time for this year’s growing season. We’ll be interested to follow along for further updates on that project as well as watch the chart for short-term opportunities.

SPDR S&P 500 ETF (SPY) – Options Idea

On Friday the markets enjoyed the biggest single-session rally since 2009. With oil rebounding as well, and the S&P having demonstrated a definitive reversal over the past couple of sessions, we’ll want to start the week off  monitoring some SPY Options. Our target area is going to be the SPY Weekly $188-191 Calls.

Extended Watchlist:
SMFG, PGH, ETE, CSIQ, RMTI, BFGC, GBSN, XBIO,

Blue Horseshoe Stocks: FNMA, CSIQ, STWG & More

Fannie Mae – FNMA & Freddie Mac – FMCC

Our alert on FNMA Friday yielded us the #1 ranking on the Penny Stock Rumble for the second time last week (1st time was for TCPS). The stock opened up at a low of 2.255, only to run as high as 3.15 for a nice 40% move.

We’ve been tracking FNMA and FMCC since May 15th and May 16th, and each has risen in PPS greatly since that time.

FNMA – Low (05/16):1.20 – Friday’s High: 3.51 – Gained: 193%

FMCC – Low (05/15): 1.11 – Friday’s High: 3.30 – Gained: 197%


Canadian Solar Inc. CSIQ

CSIQ is gapping up close to 25% this morning, hitting new 52-week highs. The stock came off of our Solar Sector watchlist, having last appeared on Friday, at which time is was trading as low as 8.10. We are going to be continuing to monitor its progress today as we begin this short trading week.


Plug Power, Inc. PLUG

We’ve been talking about PLUG for most of this year (For the first time on Feb 15th), seeing some big gains in that time. We most recently were looking at PLUG on Wednesday as it reached new highs of .3847. Since then, we’ve observed a pullback, as the stock came down to find support at the .25-level.

This morning, we have seen a high of .42 pre-market, with the last trade executed at .39, up around 16% We want to keep watch over this play, as well as the Energy Sector as a whole, as they continue to heat up.

From last week’s low of .25, this morning’s .42-high marks a possible gain of up to 68% From February’s low of .1155, that figure climbs as high as 264%

S2C Global Systems, Inc. STWG

STWG has appeared in our reports as far back as December, and before last week, as recently as April 19th. . We re-mentioned it once again on Thursday after the company came out with its first PR in years. It broke its previous resistance (.0075) and continued its uptrend, STWG hit a new high of a penny on Friday, and ended up closing at .0095. From its low of .0011 reached in March, the penny high represents a move of 810%

We’d like to see the previous resistance at .0075 hold as a future level of support.

Options Trading:
We are also looking at AAPL $445 and $450 Calls today, provided we hold support off of last week’s resistance at 448.35.

Extended Watchlist:
BLDP, PIP, ROYL, RSOL, OMTH

TCPS, FNMA, FMCC & Extended Watchlists

TechnoConcepts, Inc. TCPS

We called for caution on TCPS in yesterday’s report, indicating our belief that a pullback was likely to soon be upon us. Fridays are often profit-taking days, and after six straight sessions of gains (420% in total at yesterday’s high, from original alert at .0025) it’s difficult for us not to chalk this up as a win and take our hefty profits.

While there is a chance the momentum could carry over to next week, at the very least, we’ll be looking to sell half of our position to lock in our initial investment, and ride the rest of the way on the house’s money.

Fannie Mae and Freddie Mac – FNMA & FMCC

FNMA and FMCC appeared in the extended watchlist both May 15th and May 16th, and since that time, have each made sizable increases:

FNMA – Low (05/16):1.20 – Yesterday’s High: 2.20 – Gained: 83%

FMCC – Low (05/15): 1.11 – Yesterday’s High: 2.05 – Gained: 85%

Both of these have been trading copious volume, so we want to be on the lookout for a continuation of the recent uptrends. In the event of a pullback, we feel there would be significant bounce opportunity.

Solar Sector Watchlist:
It looks as if the solar plays we mentioned on Tuesday are beginning to heat up. We are going to be paying attention to this group of stocks as we head into the long weekend:

ASTI, RSOL, CSIQ, HSOL, FSLR, SCTY, JKS, LDK

Extended Watchlist:
HALB, TNP, FREE, EGLE