Blue Horseshoe Stocks: FRTD & Extended Watchlist Winners

Fortitude Group, Inc. FRTD

We’ve discussed FRTD for the majority of this week, beginning on Tuesday. As of yesterday, it has yet to disappoint.

Yesterday, for the third consecutive session, the intraday activity on FRTD provided us with ample opportunity for profits. The stock played out a textbook dip-n-rip pattern coming down from the .0225 open to trade as low as .0156, before bouncing back up to its high-of-day at .0231. That’s an intraday gain of 48% When added to Tuesday’s 122% move, and Wednesday’s 65% move, that brings us to a cumulative total of 235%

Should FRTD manage to hold support at or above the .015-mark, we like our odds of seeing further intraday bounce opportunities from this play.

Fortitude Group, Inc. (PINKSHEETS: FRTD) Introduces a Revolutionary Medical Marijuana Product “MariMist”

ERIE, PA, Feb 28, 2014 (Marketwired via COMTEX) — Fortitude (PINKSHEETS: FRTD) CEO Thomas J. Parilla today announces that the company has entered into a joint venture agreement to obtain the USA production/sales/distribution and licensing rights for a revolutionary medical marijuana product “MariMist” for the use in the care of cancer patients with MariMedical Pharmaceuticals (MMP), a privately held company. Additional clinical applications include the treatment of nausea, anxiety and pain relief.


Yesterday’s Extended Watchlist Winners

Yesterday’s Extended Watchlist looked like a sea of green, as you can see from this end-of-day snapshot of the stock tracker on our website. Every single play closed to the upside, with some making very impressive moves.

The most notable gainers:

BioFuel Energy Corp. BIOF & Pacific Ethanol, Inc. PEIX – These two ethanol favorites of ours have always tended to trend together, and sure enough, both had great sessions. BIOF opened at 2.10 and shot up like a rocket to a high of 4.10, a 95% move. PEIX saw a low of 11.10 before steadily increasing by 35% to a high of 15.02. Both BIOF and PEIX traded huge volume.

E-Commerce China Dangdang, Inc. DANG – Ran 25% from 10.75 to 13.44 on record volume, to the tune of more than 10x its 3-month average. The earnings released yesterday alluded to the company turning a profit for the first time in years. The stock is currently up from yesterday’s close in pre-market trading.

BEIJING, Feb 28, 2014 (SinoCast Daily Business Beat via COMTEX) — E-Commerce China Dangdang Inc. (NYSE: DANG) revealed net profit of CNY 21.7 million in fourth quarter ended December 31, 2013, making profit for the first time since first quarter of 2011. >> FULL PR


Extended Watchlist:
SUSQ, CETV, CLSN, GALE, BLDP, HFCO(Bottom-play w/ news)

VDSC, Options Trading Ideas & Extended Watchlist

Options Trading
We want to continue focusing our attention on AAPL and SPY Calls today, after positive job-growth numbers were released this morning.

This comes after a solid performance from the AAPL $420 Calls we mentioned on Wednesday before the holiday break. Intraday gains over two significant spikes totaled a cumulative 168%


ALAS International Holdings, Inc. VDSC
We’ve mentioned VDSC several times this year, and each time, it stacked up some great percentage gains for us. Back in January, we saw a huge move from .0007-.0093 (+1229%), and then from March to May, from a low of .0013 up to .017 (+1200%).

It is now finding support off of its previous resistance level, the 200DMA of .004, and it appears as if conditions are ripening for another run. We have an RSI coming off of being oversold, the PPO is pinching toward a cross, and the Slow SLO, also oversold, just recently crossed as well.


Extended Watchlist:
BBRY (Coming Off Recent Lows), GRPN, ZNGA, FRO, GALE, SWHC

BMSN, DNYS & Extended Watchlist

Bio-Matrix Scientific Group, Inc. BMSN

BMSN has appeared on our watchlist for the past couple of days, starting the day after Christmas, during which time the stock traded in a range from Wednesday’s low of .0003 all the way up to yesterday’s high of .0013 for a titanic two-session gain of 333%

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Dynasty Limousine, Inc. DNYS

DNYS was added to our extended watchlist for the first time yesterday, after we saw the stock come off of its bottom last week.

The stock opened at .078, closing at the high of day of .1194. A break past the 50DMA of .12 would catapult DNYS to even more impressive gains, so this is definitely one to watch into the New Year. The stock has seen a surge into the mid-.40’s as recently as November, so we are aware of the gains it is capable of producing.

The chart is looking extremely favorable, with the PPS having broken through the 20, 100 & 200DMA’s, and the RSI looking like it wants to break through the 50DMA soon. The PPO is pinching in for a cross, as well as the histogram looking ready to flip up to the bullish side. The Slow STO recently crossed over, and is diverging as it prepares to cross the 50DMA.

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Extended Watchlist:
PEIX, BIOF, AEZS, GALE, CTIX, HLNT,

AZFL, GGSM, REVO, GALE & Extended Watchlist

Amazonas Florestal Ltd AZFL

When we first brought you AZFL on Nov.28th, the stock was trading as low as .047. Yesterday, it hit a high of .08 for a respectable 70% gain in a span of just eight days.

As we said in our previous report, AZFL is going to be a point of long-term focus for us, and we really like how it’s gone so far.

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Gold and GemStone Mining Inc. GGSM

As you can see on the chart we’ve included below, GGSM has been an absolute superstar stock for us this week, providing us with no less than three opportunities for profit over the past two days.First it went from .11-.13, gaining 23%, followed by a small 8% jump from .12-.13. It then pulled back to .105, before shooting back to .14, adding another possible 33%. In total, savvy traders could have banked up to 60% in gains.

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Revolutionary Concepts Inc. REVO

REVO appeared for the first time on our extended watchlist at midday on Wednesday. From a low of .0016, the stock showed us returns of 119% to yesterday’s high of .0035. We are going to want to keep this one on our radars through to next week.

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Galena Biopharma, Inc. GALE

We’ve been following this play since August in our extended watchlists. Last week, on the 29th, we focused on GALE. Being as low as 1.65 at the time, we enjoyed gains on the order of 32% when the stock hit 2.43 earlier this week.

We want to continue to keep an eye on this one as well, with as much success as GALE has brought us over just a short period of time.

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Extended Watchlist:
HEMP, CBIS, CLWR, ZNGA

GALE, EDWY & Extended Watchlist

 

Galena Biopharma, Inc. GALE

We were happy to see that GALE earned us a spot on Penny Stock Rumble’s Top Gainers List this week. From its low (Wed.) of 1.6525 to yesterday’s high of 2.10, we saw total possible gains of 27% The stock had news out, and closed strong on the day at 2.04 on around 3X the average volume.

The GALE Chart is exhibiting all the telltale signs of a momentum mover, and we’re glad we were watching closely enough to hitch a ride! As you can see below, the RSI is screaming toward the power zone, while the Slow STO and the PPO have just crossed and are swinging sharply to the North.

Yesterday’s News:

LAKE OSWEGO, Ore., Nov 29, 2012 (GlobeNewswire via COMTEX) — Galena Biopharma (Nasdaq:GALE), a biotechnology company focused on developing innovative, targeted oncology treatments addressing major unmet medical needs to advance cancer care, today announced two presentations at the 35th Annual CTRC-AACR San Antonio Breast Cancer Symposium. The event will be held December 4-8, 2012 at the Henry B. Gonzalez Convention Center in San Antonio, Texas.

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eDoorways International Corp. EDWY

EDWY first appeared on our extended watchlist this week. The stock recently ran from a low of .005 to a high of a nickel (+810%) between Sept 18 and Nov 1st. Following that big run, the stock consolidated to find support off of a penny-and-a-half.

Yesterday we observed trades as low as .0153, and as high as .025, for total possible gains of over 60% on the day. We are looking at key levels of resistance at .026 (20DMA) and .031 (200DMA), and judging by the history of the stock, a push past those levels could really lead to a serious breakout.

Indicators on the chart all seem to be shaping up rather nicely. We notice that the Accum/Dist has been steadily rising, the RSI is just on the cusp of breaking the 50DMA, and the PPO is currently pinching, hinting at a bullish cross. The bars on the histogram are also about to flip up to the bullish side, and we had a recent cross on the Slow STO.

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Extended Watchlist:
TLAB, UTSI, PPHM, MAXD, SRGE, HLNT,

 

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