Tag: EAPH

Blue Horseshoe Stocks: EAPH, PMCM & More

Easton Pharmaceuticals, Inc. EAPH
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EAPH fared very well on Thursday following our re-alert of the stock, providing us with the chance for solid gains before we broke for the long holiday weekend.  We mentioned that we liked the potential, especially if it could break its key resistance at .021.

In fact, EAPH broke through that resistance and kept on running, to a high of .031 before all was said and done. From the day’s low of .0197, that marked an intraday move good for up to 57% in quick-strike profits for nimble traders.

Take a look at the following video for chart commentary on EAPH:

Moving forward, we’ll want to see EAPH hold support at or above .021 in order to keep us interested.

Primco Management, Inc. PMCM

PMCM is another of last week’s alerts to perform well for us during Thursday’s half-session. We brought readers an update on this repeat pick on Tuesday, at which time the stock was trading at a low of .0021.

The stock made higher lows for the remainder of the short week, and touched .0031 on high volume on Thursday, which marked an intraweek move of 46%

As we begin another week, we’d like to see PMCM hold support above the 50DMA of .0021. The next key areas of resistance to watch for a break will be .0037 and .0045.

PMCM, like EAPH, is a cannabis-related play, and as we’ve been consistently reminding our readers, the sector could very well be in for a boost on the heels of the beginning of legal sales in Washington State, and already we’ve begun to see quite a bit of evidence to support that theory. By the end of the week an expected 20 or so shops will have received their recreational marijuana licenses and begun selling the plant.

Extended Watchlist:
CAMT, EVRY, SPPI, RVLT, APP, IGC

Blue Horseshoe Stocks: EAPH Updates & More

Easton Pharmaceuticals, Inc. EAPH
As we wrap up this short trading week, we thought we’d touch upon EAPH, a stock that has done big things for us this year. Some of our readers may recall our very first tag of this play back in January, around which time we observed the stock trading at a subpenny low of .0041.

By early February, less than a month later, EAPH shot up to a high of .0989 (+2300%) easily making it one of our top ten calls so far in 2014.

Since that huge run, there have been quite a few swings to follow, but the overall trend was toward consolidation, which over the past few months brought EAPH back to Earth. The stock bounced off of a low of .011 on 06/25, and over the past several sessions, has begun to recover some ground. Yesterday in particular brought EAPH close to the .02-mark, falling just shy with a high-of-day of .0197.

We’ll be paying closer attention to EAPH in sessions to come now that it has bounced off of support and is attempting to make up some of the ground lost in recent months. Key resistance is around the .021 level.

It’s just one of the marijuana-relatedstocks that began to feel a surge of life this week, as we suggested might happen in Tuesday morning’s report. Washington State’s legal sales will effectively begin next week, when the Liquor Control Board expects to issue the first retail licenses.

American Apparel, Inc. APP

APP, a stock that we have turned to for reliable profits year after year, has done exactly as we suggested when we brought it back to our reports on April 15th, noting that we were heading into the time of year when APP traditionally provides well for us; the stock was trading at a low of .47 around that time.

APP ran to more than .70 later that month, began to taper back into the .50-range and recently, on June 27th, the stock surged to hit a high of a dollar even, marking an overall move of 112%

As the stock consolidates off of that major spike, we will be watching for support, and the chance for possible bounceplay opportunities. The previous resistance area from .78-.82 is where we’ll be looking for support to hold. As the holiday retail season approaches, we will keep a continuous watch over APP.

Extended Watchlist:
DRL, ATNY, RAD, TRTC

Blue Horseshoe Stocks: BYD, EAPH, PHOT & More

Boyd Gaming Corp. BYD

We put BYD on our radar back in January, and shortly thereafter, the stock found its way to a low of 9.11. We continued tracking it in February, where it quickly recovered ground and began trending up.

Recently (03/05), the company released favorable fourth quarter and annual financials, the highlights of which included repayment of over $500M in debt, elimination of $60M annually in interest expense, net revs for the fourth quarter increased by almost 10%, and more.

Yesterday we observed a new high of 14.15 from BYD, which represents a gain of 55% from the low we saw roughly six weeks ago.

Easton Pharmaceuticals, Inc. EAPH

Many of our readers will recall, we’ve been on EAPH for awhile now, mentioning it for the first time back on January 8th, catching it at a low of .0041. That subpenny marijuana play would go on to hit ten cents, gaining more than 2300% in roughly a month’s time. After a period of consolidation, EAPH tapered back to .0327 where we would see it bounce.

We mentioned EAPH once again yesterday as part of a joint press release with GLCO, and the stock went on to have a great session, running to .06, an intraday gain of 83%

Check out this video outlining our coverage of the stock:

Growlife, Inc. PHOT

We first began alerting PHOT last summer at a low of .0318, even though our coverage of the marijuana industry as a whole started a year prior, in 2012. After PHOT tacked on more than 100% in gains from August to October ’13, we re-alerted the stock under a dime, reminding our readers that a “Golden Cross” appeared imminent.

The rest, as they say, is history. PHOT has spent the past few months rampaging upwards like an un-caged beast, culminating in a high of .549 during a bang-up session yesterday. For those without a calculator handy, that brings the overall move we’ve seen from PHOT to a staggering 1626%

Extended Watchlist:
NHPI, PIHN, CPST, RAD, DGAZ, BGMD