Tag: DIGX

Blue Horseshoe Stocks: Revisiting a Past Winner

Dig-It Underground, Inc. DIGX

To kick things off this week, we’re going to be taking another look at a stock that recently afforded us a couple of quality opportunities to make some profitable moves.

We first alerted DIGX a couple of months ago on August 29th, and on that first day, had the good fortune to witness a 90% spike from .0048-.0091. Over the next couple of sessions, the stock pulled back to find support at .0035, and subsequently made a 100% rebound to .007.

Since then, DIGX has been under consolidation, and we are paying special attention today, as the stock has registered higher lows and higher highs for the past three sessions, and on Friday it briefly exceeded the 50DMA (.0043). It’s all pointed out on the annotated chart below:

For those of you that may have missed our original coverage on DIGX, at the time, we were keen to monitor the situation with regard to the company’s planned entry into the cannabis sector. Over the few weeks there have been a few developments to that end.

The company announced the forming of a new subsidiary it is billing as High Life Media, Inc. and is in the process of launching the High Life Media Network, which according to DIGX, “will extensively cover core cannabis issues, business opportunities, debates and conversations as well as entertainment, fun/facts, and ecommerce” over a variety of delivery mediums and devices.

Thus far, DIGX has launched two separate platforms; the Cannabis Lifestyle™ online magazine (http://cannabislifestyle.co) and the Cannabis Health™ scientific journal (http://cannabis-health.co). To check them out just follow the links, or click the following logos:

Between being at a relative bottom on the chart, and having the company making more aggressive strides toward its involvement in the cannabis media industry, we think now is a good time to turn our attention back to DIGX.

**Update 6AM** We caught an early morning PR announcement from DIGX today. The company has made two new additions to the roster of the High Life Media Network:

EULESS, TX–(Marketwired – Oct 6, 2014) – Dig-it Underground, Inc. (PINKSHEETS: DIGX) – Robert Wodarczyk, President of Dig-it Underground, Inc., announces the newest additions to the High Life Media Network: The Cannabis Laws ™ Online Cannabis Encyclopedia; and the Daily THC™ popular culture website. >>> VIEW FULL PR

OTHER RECENT HEADLINES:

Pre-Subscribe to be notified of the launch of DIGX’s new web portal @ highlifemediainc.com

Blue Horseshoe Stocks: Tuesday’s Big Gainers & More

Dig-It Underground, Inc. DIGX

DIGX met our expectations quite nicely yesterday on our first day of coverage. For those of you who may have missed our premarket report *and* the afternoon update we sent out on DIGX, it was a heck of a day. The stock opened at .0048 and ran hard, breaking the key resistance area we pointed out from .008-.0085 and setting a new high into the close of .0091.  Volume was also substantial, with DIGX trading well over 7x the one-month average volume.

A chance for up to 90% in gains on our very first day talking about a stock is certainly nothing to sneeze at. As the stock officially entered blue skies toward the end of the session yesterday, we’ll be especially anxious to continue to follow its progress.

We also caught an after-hours PR from DIGX yesterday afternoon:

EULESS, TX–(Marketwired – Sep 2, 2014) –  Dig-it Underground, Inc. (PINKSHEETS: DIGX) – Robert Wodarczyk, President of Dig-it Underground, Inc., announced today that the company has signed a Letter of Intent to acquire 100% of the Membership Interests of Cannabeez Media, LLC along with all its assets and proprietary property, including the web site www.cannabisexaminer.com. >>> FULL PR

Digital Ally, Inc. DGLY

DGLY was also included in both of yesterday’s reports, and had a landmark session. Starting out from a low of 22.12, the stock went on a massive run to 33.59 on volume which exceeded the monthly average by more than five times .

That was good for a 52% intraday romp, an incredible feat for a NASDAQ-listed stock in this price range. From the 5.75 low we caught back on August 21st, DGLY has delivered an overall increase of 484% (In just 8 sessions).

LabStyle Innovations Corp. DRIO

DRIO appeared as one of our points of focus in yesterday’s premarket report as well. We were extremely pleased with the way this stock continued to pick up steam throughout the afternoon and had a very strong close, setting new highs toward the end of the session.

Overall we saw an intraday move from .09 to .13, a respectable 44% gain on approximately 10x the average volume.

Following our first alert on DRIO a week ago yesterday, we’ve a seen an overall increase from a low of .065 to yesterdays high which stood at a nice round 100%

Petroleo Brasiliero S.A. (Petrobras) PBR – Options

PBR was among several of the plays we’re tracking to hit new highs again yesterday. Our regulars know that the PBR options chain has been like a wellspring of huge opportunities for us since we first picked up on it this spring. We’ve played it successfully too many times to count now, and the gains just keep on coming.

The main set of contracts we’re following at present have been the January 17th $19 Calls. We first signaled those as a longer-term play back on August 20th  after noticing abnormal volume off of our scans, and subsequently witnessed them trading as low as 1.23

With PBR pushing over the $20-mark yesterday as setting a new high of 20.87, we once again had huge activity in those calls with open interest totaling nearly 50k contracts, closing at their highs of 3.25. That pushes our total possible increase since we’ve been tracking these calls to 164%

Image Sensing Systems, Inc. ISNS

We put ISNS on our radars a few sessions back on August 27th. It took a couple of days of bouncing around and trading in a slight channel from roughly the 3.60-4.00 range before the stock came back to find support at 3.53 before, like many of the other plays we’ve talked about this morning, going on a massive rush into the close. The stock hit a high of 6.99, marking an intraday run of 95%

Extended Watchlist:
INFI, VII, MAGS, CBLI, BTH

Blue Horseshoe Stocks: Afternoon Updates – 09/02/14

Afternoon Update on
Dig-It Underground, Inc. DIGX

It’s always a good sign when we put out an afternoon update on a first-time alert. We made it a point to place DIGX at the top of our watchlist in this morning’s pre-market report, and we hope others realized the near-term potential as well. The stock traded as low as .0048 at the open, and is currently pressing new 52-week highs, with the last trades going off at .0085.

So, on the day of our initial alert on this stock, we’ve seen an impressive intraday move of 77% on significant volume, to the tune of nearly 8x the 1-month average volume.

We’ll be looking for DIGX to hold a good portion of its daily gains into the close, and it will certainly be on the menu for discussion in tomorrow morning’s report so stay tuned!

Digital Ally, Inc. DGLY

DGLY also made an impressive move today, setting yet another new high as it barreled its way up from a low of 20.55 to crack through the 30-dollar mark and has thus far reached a high of 32.87.

For a stock in this price range, a 60% rip in a single trading session is quite substantial. As of this afternoon’s high, we’ve seen an overall increase of 471% since we caught DGLY at 5.75 back on August 21st. This will absolutely remain among the stocks in our narrative as summer comes to a close.