ICLD, PGCX, FREE & Extended Watchlist

InterCloud Systems, Inc. ICLD


ICLD appeared in Friday morning’s extended watchlist, and by the time we sent out an afternoon update, had already impressed with a 97% gain from 4.41 to 8.67. The stock’s continued momentum would carry it even further, reaching a daily high of 10.35, a total possible gain of 135% off of the morning low. All that on nearly 58X the 3mo. average volume.

It appears as if further gains will be added to that figure today, with the stock gapping up into the 13.00-range this morning.

The catalyst for this monstrous move from ICLD appears to be extremely improved 3rd quarter figures over the same period last year. Announced on Thursday, highlights include a revenue increase of nearly 450% and gross profits nearly 5x that of the previous year. >>> Read 3rd Quarter Results


Virtual Sourcing, Inc. PGCX

PGCX, a stock that provided us with an intraday gain of 26% on Friday, bouncing to a high of .1225, closed one tick under that mark at .1224. We still have our eye PGCX today as the company has announced the completion of an important step along the way to a planned exchange uplisting. The full press release is included below:

WASHINGTON, DC, Nov 18, 2013 (Marketwired via COMTEX) — Virtual Sourcing, Inc. (OTC Pink: PGCX) has received an increase to $25 million in acquisition financing in preparation for additional acquisitions currently being reviewed. Our capital formation agreement for acquisitions and operational funding remains at $25 million bringing our current total engagement package to $50,000,000.

We are expecting to close the initial acquisition in mid-December. Our auditors are continuing to work diligently with the expectation of releasing the audit report near the end of the first week of December 2013 allowing us to close the transaction shortly thereafter.

Discussions have been held on the need to increase the capital formation package. These discussions indicate that it is likely the capital formation engagement would be increased to at least sufficient funds to complete the second acquisition in Spring 2014. The requirement to close the second acquisition would cause the capital formation package to rise to approximately $75 million meeting our total funding needs of $100,000,000 to complete both acquisitions plus supply funding for product expansion and operations.

We are developing an initiative to reach institutional investors and the brokerage community. The initiative will have a full launch in January 2014 with site visits to several locations. This project is the next primary step to raising our share prices to the sustainable level required to meet the qualifications for acceptance to the AMEX/NYSE stock exchange.


FreeSeas, Inc. FREE

Beginning on September 10th, FREE began a monumental 320% run for us, going from a low of .2213 all the way up to .9287. In the weeks that have followed the stock has been searching out support, finally finding its bottom just below .30.

On Friday, the stock closed near the high of day, and this morning we are seeing a slight gap-up, so we now have FREE on rebound-watch. Regaining even a fraction of September highs would mean significant gains from current levels.


Extended Watchlist:
BSPM,CTIC, CPRX, OTIV, OXBT, SNTA, FNMA, FMCC

Blue Horseshoe Stocks: Afternoon Updates

Virtual Sourcing, Inc. PGCX

Each time PGCX has bounced in recent weeks, it has achieved higher lows with each following cycle. That trend continued today, with the lowest trade going off at .097, and currently, the stock is trading at its high of day, .1225, a 26% intraday increase.

This morning we mentioned that we were curious to see how high this bounce would be, and we’re still interested in finding out. This could very well be a play that we follow into next week.


Extended Watchlist Winners

InterCloud Systems, Inc. ICLD

ICLD jumped off of our watchlist this morning, having already given folks an opportunity at gains in excess of  97% from 4.41 to 8.67.

Fonar Corp. FONR

FONR has also turned in a decent performance thus far, trading in a range from 13.14 to 15.48, a possible gain of up to 18%


These, as well as several of our other mentions from this morning (FNMA, FMCC, PLUG, QCOM) are faring extremely well today. We’re wrapping up another solid week of trading, and hope to see you all back here Monday morning when we’ll do it all over again! 


STXS, JAKK, FNMA, FMCC, PGCX & Extended Watchlist

Stereotaxis, Inc. STXS

After appearing in our Extended Watchlist yesterday morning, STXS made a power move from 3.60-5.69, good for a 58% profit. While our timing on this alert was as close to perfect as we could hope, it certainly was no surprise. This isn’t the first time we’ve ridden this stock to large gains.We first mentioned STXS on July 30th, and at the time, it was trading as low as 2.33. By 08/06, the stock would go on to hit 10.85, for an unbelievable move of 366%

As you can see below, there is a large gap on the chart to fill from 5.64-8.02, so we’re on the lookout for a break past 5.70, which could trigger a possible move up into 8.00-range.


JAKKS Pacific, Inc. JAKK

We caught JAKK on our morning scanner yesterday as the stock was gapping up significantly. What resulted following the bell was a solid day’s performance, as we observed a run from a low of 5.68, and a subsequent high of 6.35, good for a gain of 12%


Fannie Mae FNMA & Freddie Mac FMCC

We tracked this mortgage-lending pair earlier this year to big gains, following them from the $1-range all the way up to the $5-range. (FNMA 1.20-5.44, FMCC 1.11-5.00)

We thought it was high time to re-introduce them to our watchlist, as they are breaking out once again. If past results are any indicator to the kind of gains we can expect on the current run, we’re strapping in for what could be another wild ride.

FNMA Chart

FMCC Chart


Virtual Sourcing, Inc. PGCX

PCGX comes to our attention today as a possible bottom bounce play. We’ve seen it maintain higher highs and higher lows coming off of a recent bottom.

The stock is known for making big swings in the past. Back in August it ran from .16 to 1.10, so there is a precedent for large gains from current levels.


Extended Watchlist:
SEEK, MJNA, PHOT, CLSN, BLDP