Tag: GLUU

Blue Horseshoe Stocks: GBGM & Fresh News Plays

Global Gaming Network, Inc. GBGM

After undergoing consolidation in recent sessions, GBGM has made its way down to find support at .0012, where it has begun to bounce.

This is a stock that was trading over half a penny as recently as late March, so we’ll want to stay open to the possibility that a bounceback from these low levels could produce notable gains.

The RSI is currently looking extremely oversold, while accumulation and distribution is on a steady upswing, so we believe that monitoring this play for a possible recovery could yield results in upcoming sessions.

Today, following the stock’s first green candle in six trading days, we’ll be on the lookout for GBGM to make higher lows and higher highs, which would confirm that it has begun to trend off of its bottom.

Fresh News Plays

The following stocks have news out this morning, that we felt was worthy of passing along:

Merrimack Pharmceuticals, Inc. MACK

We’ve highlighted MACK in the past, and were pleased to see that company has come out with news today outlining the positive clinical progress of its pancreatic cancer treatment trials, as well as releasing its Q1 financials, and filing an 8-K. We’ll provide links to all of these developments here:

Fuelstream, Inc. FLST

In addition to this morning’s news, FLST boasts a tight share structure (updated recently), and is currently trading near a bottom on on the chart. A turnaround from here could get really interesting, so we’ll be anxious to see how this play responds in coming sessions.

SUNRISE, FL–(Marketwired – May 1, 2014) – Fuelstream, Inc. (OTCQB: FLST) (“Fuelstream” or the “Company”), a international reseller of Aviation Jet fuel, is pleased to announce the official launch of a new website that will allow clients to access fuel pricing and other information on a real-time basis. >>> FULL PR

Extended Watchlist:
GLUU, RAD, S, JBLU, LIVE, ADXS

REVI, EAPH, USEI & Extended Watchlist

Resource Ventures, Inc. REVI

We turned our attention back to REVI at the perfect time when we released yesterday’s morning report, in which we put the stock on high alert. The announcement that the company is entering into the insanely-popular marijuana sector went over extremely well.

We mentioned that the gains could approach that which we saw from several of the other pot stocks on our radar, and we weren’t disappointed in the least. Starting out from a low of .015, the stock went absolutely bonkers, topping out at .056. That was good for a monumental single-session move of 273%

Many of you will recall our initial alert on REVI at which time the stock was trading at .0074. From that point, yesterday’s high represented a total possible gain of 657% in just 11 trading days.

Easton Pharmaceuticals, Inc. EAPH

There was no need to worry if one huge gain opportunity wasn’t enough, because we provided several on Wednesday. Also appearing in our morning report, EAPH added to its legend in a big way.

We picked up on this play back on the 8th of January at a price of .0041, and were lauding the stock for bringing us over 700% in gains up to its high leading into yesterday’s session (.0335). But things got even more exciting upon the opening bell, as we would observe a new high of .0735. From its daily low at .035, EAPH tacked on another 110% gain.

From the low following our first mention of this play less than one month ago, that high spells an increase of 1693% Congrats to anyone who was able to secure even a fraction of the profits afforded by that mega-move!

US Energy Initiatives Corp. USEI

We tagged USEI in an afternoon report we sent out on Monday shortly before 2:30pm when the stock was trading at .0027, and it made a 137% move for us before the close. We are happy to report that the stock hit a penny during yesterday’s trading, marking a total possible gain of 270% in less than three full sessions.

We’re extremely proud of our own recent performance, because we work very hard to put out a great product. We know of no other newsletter that is able to deliver so many huge winners to its audience on such a consistent basis! 2014 is already shaping up to be one of our best years ever, so if you’re just signing up for our reports, your timing is excellent!

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Extended Watchlist:
GLUU, MWW, BYD, DDD, NECA, REVO(Share reduction news)

ARIA, PVG, ATRM, TEMN, INVA & Extended Watchlist

ARIAD Pharmaceuticals, Inc.  ARIA

ARIA is the first of three solid winners to come off of our Extended Watchlist from Friday morning. The stock began by touching a daily low of 3.30, followed by a run into the 4.04 high, marking the opportunity for intraday gains of up to 33%

Just a word of caution, the company has a pending lawsuit in which it is being sued by a multiple plaintiffs in a securities fraud case that will commence next month. On October 9, 2013, the Company announced that the U.S. Food and Drug Administration placed a partial clinical hold on all new patient enrollment in clinical trials of Iclusig, following reports of non-serious and serious adverse events in Iclusig-treated patients. Following this news, the price of ARIAD shares dropped nearly 66%, or $11.31 per share, from the previous day’s closing price of $17.14 per share, to a closing price of $5.83 per share on October 9, 2013, on extremely heavy volume.

As a result, investors who purchased ARIA stock between Dec.’11 and Oct.’13 are eligible to take part in the class-action suit.

Pretium Resources, Inc.  PVG

PVG was another substantial gainer for us on Friday, bringing us gains to the tune of 48% as the stock tore out of the gate, pausing only briefly near its low of 3.93 before skyrocketing as high as 5.80 early in the session. For the remainder of the day, PVG held much of those daily gains, and managed a strong close at 5.32.

That kind of momentum makes PVG a good candidate for a possible continuation of momentum, so we want to make sure we’re paying close attention as we begin this short trading-week.

Aetrium, Inc. ATRM

ATRM is another one that came out of the gate with guns blazing on Friday. After opening at 8.46, the stock spiked sharply to a morning high of 10.45, nice 24% move.

Later in the session, we observed a bounce from 5.60 back up to 6.68, which added an opportunity for an additional 19% gain, bringing the total cumulative gains for ATRM to a very respectable 43%

When added to the gains we saw from our other selections, our total possible gains for Friday’s session topped out at 124% All in a day’s work!


Team Nations Corp. TEMN
&
Inova Technologies, Inc. INVA

We observed these two sub-penny plays hitting our scanner on Friday, trading substantial volume. We want to be on the lookout for any possible continuation of momentum heading into this week.

In the case of INVA, the stock was trading at more than a penny as recently as October, and is now coming off of a bottom, so it will interesting to see how much of its lost ground it can gain back. A return to October levels would mean gains up to and exceeding 100% from its current price.

TEMN Video Chart:

Extended Watchlist:
INO, OREX, CAMT, SIRI, DVAX, ONVO, GLUU