Tag: GRPN

Blue Horseshoe Stocks: Big Day for Cannabis Stocks & More

April 20th is here, and it marks a symbolic day for the legal cannabis sector. Our regular readers know that we’ve been following this relatively new market space since its inception. Public opinion on marijuana reform has shifted drastically over the past few years, and the signs are everywhere.Mainstream media has long since jumped on the pot bandwagon, airing numerous specials on the subject, like CNN with Dr. Sanjay Gupta’s “Weed” series, the third installment of which aired last night.

It is also likely that the cannabis issue will be thrust even further into the spotlight as it has the potential to take a significant role in the 2016 presidential elections.

We’ll be sure to follow along as we’ve been doing, all the while keeping our eyes open for potential plays in the space. We’ve got a couple popping up on the radar this morning.

ENDEXX Corp. EDXC

We’re taking notice of EDXC, whose recently acquired business has been presenting at the High Times Cannabis Cup in Denver which was in full swing over the weekend, and runs through the end of today.

The stock is coming off of a recent bottom and has been holding above its 50DMA since the end of March when the company’s acquisition of CBD Health Solutions was announced.

We’ll have this one on watch as the chart and the company’s activities both seem to have potential.

CAVE CREEK, AZ–(Marketwired – Apr 20, 2015) – Endexx Corporation’s (OTC PINK: EDXC) newly acquired subsidiary CBD Health Solutions LLC., has a booth in tent S4 at the annual Cannabis Cup in Denver, CO, through April 20th. Early reports are showing excellent reviews of the sample products and sales have been generated. The CBD Health Solutions’ team has been canvassing multiple markets over the past 90 days and sales contracts are growing on a weekly basis. >> FULL PR

FutureWorld Corp. FWDG

FWDG is another cannabis-related play that caught our eye this morning.

The company released a PR announcing an upcoming share dividend (Link below); since it isn’t uncommon to see stocks make a run into dividend dates, we’re going to monitor FWDG in the time between now and April 30th.

Chartwise, we’d like to see the stock get back above the 50DMA (.004). There’s a gap to the downside between .0024-.0028, so the possibility that it come come down to fill that gap before we see a rebound is certainly possible.

Easton Pharmaceuticals, Inc. EAPHEAPH is a play that we’ve been familiar with in the past; we’ve witnessed it produce huge gains on multiple occasions including a massive 1848% run from .0041-.0799 back in January-February 2014.

Then again from December ’14 to January of this year, the stock ran big in a range from .006-.0353, yielding potential gains in the neighborhood of 485%

The company released some very exciting news this morning pertaining to the purchase of a recreational marijuana facility in Colorado, so we’ll want to keep a close eye on this play as well into the foreseeable future.

Extended Watchlist:
GRPN, VLTC, HQCL, OCN, PVCT, CYCC

Blue Horseshoe Stocks: Big News for KRFT & More

Kraft (KRFT) to Merge With Heinz
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In a move that will effectively create the third-biggest food company on the North American continent, it has been announced that Kraft Foods Group Inc. (KRFT) and H.J. Heinz Co. will merge. 3G Capital and Berkshire Hathaway, which bought Heinz for $23B and took it private back in 2013, will be orchestrating the deal.

As a result of this development, KRFT is gapping up monstrously in the premarket to the tune of more than 30% Generally when we see a stock soar on news like this, our first instinct is to continually scan for a dip-and-rip scenario once the session commences. When the rip does occur, we’re going to be looking to April $75-85 Calls for intraday options trading possibilities.

Kraft Foods, H.J. Heinz to Merge (Wed 8:18AM EDT)

Social Media Sector on Watch

Despite uncertainly over whether interest rates will be raised this year causing a general downturn in the markets, social media stocks appeared to be an exception yesterday.

We’re always looking for trends to exploit for options trading, and should Facebook, Inc. FB, Twitter, Inc. TWTR, and LinkedIn Corp. LNKD continue their hot hand this week, we could see some nice action in the following contracts:

FB Weekly $84-86 Calls
TWTR Weekly $50-52 Calls
LNKD Weekly $260-265 Calls

Vascular Biogenics, Inc. VBLT

VBLT is another gapper this morning that has surged in the premarket following the company Q4 earnings release. The stock briefly spiked to its 50DMA of 8.65 in early trading, and appears as if it will open in the 6.50’s.

We will look to see VBLT re-break the $7-mark once the session kicks off, as there is a large gap on the chart as we point out below, the filling of which would make for some highly notable gains. It’s definitely a stock we want to keep on our radar as we cruise through mid-week.

Extended Watchlist:
KFX, FXCM, ONCY, BLRX, MRNS, GRPN

Blue Horseshoe Stocks: ISR, Bottom Plays & More

IsoRay, Inc. ISR

We first began tracking ISR back in early October as a potential bottom play, and just a few sessions subsequent to our first mention, we would witness a low of 1.22 (10/16).

It took just a couple of weeks for us to ride ISR to a 66% gain as it ran to a high of 2.03 at the end of October. It consolidated down from that level, and for the past month or so the stock has been trading channel between 1.50-1.70.

ISR is catching our attention once again this morning, as we picked up on a new update over the press wire regarding the company’s Cesium-131 low-dose radiation therapy for brain cancer sufferers (Learn More About Cesium-131).

The Barrow Neurological Institute conducted studies with 27 patients with several variations of brain cancer, and the company is reporting that there was no recurrence of the disease on the treated sites in 26 out of the 27 candidates, where other treatments had failed. >> Read PR

We’re going to be interested to see how the stock picks up trading following the holiday week, especially with such an encouraging piece of news out in the premarket. So far, the ISR has gone as high as 2.08 in preliminary trading this morning. We could be looking at a dip-and-scenario once the session commences; to remain interested we’ll want to see support hold at a minimum of 1.89 as that would mark a 50% retrace from the current premarket range.

Potential Bottom Plays

AEterna Zentaris, Inc. AEZS absolutely fell off a cliff back in early November, following FDA denial of a New Drug Application AEZS had submitted. The stock has spent the intervening time bottoming out, and it is now trading at all-time lows. This is exactly the sort of situation that sends us into “vulture-mode”, where we’re on the lookout for any signs of recovery after a stock has been hammered down.

Frontline, Ltd. FRO is a stock that is in the process of coming off of a recent bottom, and is showing signs of life here in today’s premarket, currently trading in the mid-1.30’s.

Extended Watchlist:
JNUG, GRPN, AG, ONNN

Blue Horseshoe Stocks: FCGD, PZOO Updates

First Columbia Gold Corp. FCGD

FCGD continued to push its limits on Friday; if you recall, the low we observed following our in our initial report last Monday was .075. We witnessed a subsequent run to .098, which was followed by a pullback to support at  .076. From that level on Friday, FCGD went to to set a new high in to the close (.105), an intraday gain of 38% on nearly twice the monthly average volume.

LINKS:

Our Exclusive Interview with FCGD’s New CEO Jason Castenir on Thursday provided over 20 minutes of exclusive content on FCGD, so go check it out.

View a copy of Monday’s Initial FCGD Report Here

MORE INFO @ FirstColombiaGold.com
or connect with FCGD on Facebook, Twitter and YouTube

Pazoo, Inc. PZOO

We’ve kept an active eye on PZOO since we introduced it to our reports two Mondays ago at a low of .0225. The stock has since established a higher level of support above the 50DMA, which was something we were looking to have happen.

We also saw PZOO achieve a new high last week, hitting .038 (A 69% increase from our observed low) a mark that will act as key resistance moving forward.

The company set a new traffic milestone for their online health and wellness portal as well, updating us of the achievement on Thursday:

WHIPPANY, NJ / ACCESSWIRE / October 30, 2014 / Pazoo, Inc. (PZOO) (German WKN#: A1J3DK) is pleased to report that traffic surged passed the previous high of 203,000 visitors in one day (previously recorded May of 2014) to 239,786 on October 27, 2014, as reported by Google Analytics. >> VIEW PR

Groupon, Inc. GRPN

We also need to pat ourselves on the back for taking a timely look at GRPN on Friday and mentioning it in our extended watchlist. The stock surged from a low of 6.45 and ended up peaking at 7.42, gaining 16.5% intraday on almost six times the one-month average volume.

That’s quite a respectable single-session spike from a stock in this price range.

Extended Watchlist:
GERN, OIBR, ARNA, MNDO, NYMX(Gap-down, Watching for Possible Reversal)

Blue Horseshoe Stocks: Thursday’s Top Movers, FCGD Update & More

First Columbia Gold Corp. FCGD

After zeroing in on FCGD in yesterday’s premarket report, the activity that followed was encouraging. The stock traded up on light volume, to the tune of a 30% intraday jump from .075 to .098; a good indicator of the kind of reactions and potential gains we can expect from it moving forward. Any increased buying pressure has a chance to produce price increases even more drastic than what we saw yesterday.

Don’t forget that we conducted an exclusive interview with FCGD’s new CEO Jason Castenir yesterday through our sister site, Stock Traders Talk. Follow the link above or the graphic below to hear over 20 minutes of exclusive content on FCGD straight from the source.

Here we point out a few of the key highlights of the FCGD Chart:

MORE INFO @ FirstColombiaGold.com
or connect with FCGD on Facebook, Twitter and YouTube

Metalico, Inc. MEA

With our primary focus being on FCGD yesterday we didn’t have a chance to congratulate our members who were able to take advantage of one of our ideas from the prior session. After we caught MEA on Wednesday’s Extended Watchlist, the stock blasted off from a low of .381 all the way .667, a solid 75% intraday run.

Yesterday the stock fell back to bounce off of support at .53 and made a modest rebound to .59.

Winners From Yesterday’s Stock Tracker

We try to remind our readers as much as we can, that whether you’re a subscriber to our daily email reports, or view our content on Third-Party websites, that it’s always important to check our blog at Blue Horseshoe Stocks on a daily basis.

Yesterday provided a good example of why; with our main attention going to FCGD, the additional symbols on our radar that would normally go into an Extended Watchlist, were relegated to the sidebar tracker on Blue Horseshoe Stocks, as pictured in the following snapshot taken yesterday afternoon:

As you can see, anyone who visited our page during the day yesterday could have caught any one of a number big movers:

FRAZ – Range: .11-.49 – Max Gain: +345%
HKUP – Range: .0026-.0094 – Max Gain: +261%
BANJ – Range: .185-.39 – Max Gain: +111%
CDTI – Range: 2.22-3.98 – Max Gain: +78%

Extended Watchlist:
OIBR, GRPN, JNUG, FLEX

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