Blue Horseshoe Stocks: FNMA, CSIQ, STWG & More

Fannie Mae – FNMA & Freddie Mac – FMCC

Our alert on FNMA Friday yielded us the #1 ranking on the Penny Stock Rumble for the second time last week (1st time was for TCPS). The stock opened up at a low of 2.255, only to run as high as 3.15 for a nice 40% move.

We’ve been tracking FNMA and FMCC since May 15th and May 16th, and each has risen in PPS greatly since that time.

FNMA – Low (05/16):1.20 – Friday’s High: 3.51 – Gained: 193%

FMCC – Low (05/15): 1.11 – Friday’s High: 3.30 – Gained: 197%



Canadian Solar Inc. CSIQ

CSIQ is gapping up close to 25% this morning, hitting new 52-week highs. The stock came off of our Solar Sector watchlist, having last appeared on Friday, at which time is was trading as low as 8.10. We are going to be continuing to monitor its progress today as we begin this short trading week.



Plug Power, Inc. PLUG

We’ve been talking about PLUG for most of this year (For the first time on Feb 15th), seeing some big gains in that time. We most recently were looking at PLUG on Wednesday as it reached new highs of .3847. Since then, we’ve observed a pullback, as the stock came down to find support at the .25-level.

This morning, we have seen a high of .42 pre-market, with the last trade executed at .39, up around 16% We want to keep watch over this play, as well as the Energy Sector as a whole, as they continue to heat up.

From last week’s low of .25, this morning’s .42-high marks a possible gain of up to 68% From February’s low of .1155, that figure climbs as high as 264%


S2C Global Systems, Inc. STWG

STWG has appeared in our reports as far back as December, and before last week, as recently as April 19th. . We re-mentioned it once again on Thursday after the company came out with its first PR in years. It broke its previous resistance (.0075) and continued its uptrend, STWG hit a new high of a penny on Friday, and ended up closing at .0095. From its low of .0011 reached in March, the penny high represents a move of 810%

We’d like to see the previous resistance at .0075 hold as a future level of support.


Options Trading:
We are also looking at AAPL $445 and $450 Calls today, provided we hold support off of last week’s resistance at 448.35.


Extended Watchlist:
BLDP, PIP, ROYL, RSOL, OMTH

Blue Horseshoe Stocks: PLUG, BIOF, PEIX & More

Yesterday we saw money leaving the Solar Sector from profit taking, and it seems we’ve found new stocks that are heating up quickly, in the Energy Sector.

Plug Power, Inc. PLUG
PLUG first appeared in our reports back on February 15th. After being featured again in March 15th’s report, trading as low as .1161 at the time, and making its way up to .3177 by the 20th. That marked a gain of 174% Following that run, it pulled back to find support in the .15-range a few weeks ago.

Yesterday, the stock broke both the 100DMA (.28), its previous high at .3177, touched .3278, and closed just above the previous high at .318. We’d ideally like to see support hold at .318. Should it fall below that, we’ll need PLUG to hold support at .26-.285 in order for us to remain interested.

We’ve pointed out several key aspects of the chart below:


Continuing our theme of energy plays, here is a group that will be high on our watchlist today:
BIOF, PEIX, SCOK, FXEN,

BIOF and PEIX are some old-time favorites of ours in the ethanol sector. These two stocks generally tend to trend together, and have given us the opportunity for several gains over the long timespan we’ve covered them.

SCOK is a coal company that has recently gained some momentum, we want to keep an eye on that one today as well.

FXEN is a NASDAQ-listed energy play that also set off our scanners yesterday, as it enjoyed quite a fruitful trading session. Like the others, we want to keep an eye peeled for continuation of existing momentum.


We’d also like to congratulate ourselves for our stellar call of TCPS, which made a beauty of a run from .0025-.0061 (+144%), it then dipped back to .0045 and ran another 36% back to .0061, for cumulative intraday gains of 180%

It also made us the winners of yesterday’s Penny Stock Rumble:


Extended Watchlist:
TENP, CLNT, CLSN, IBIO, MBND,

XNRG | Xun Energy, Inc. | Potential Bottom Play

XUN Energy, Inc. XNRG

We are looking at XNRG this morning as a potential bottom play, that set off our scanners with some abnormally large volume on Wednesday. Granted the fact that volume often precedes price, we like the upside potential of this play. As you can see from the chart below, this stock has been known to make quick spikes from its current level (.008’s) to as much as .015 and higher. Between January and February this year, it surged from .005-.024, gaining 380%, as we point out below.

We’ll be putting this stock on watch, monitoring the MACD and Slow STO indicators for potential crosses which may signal the next run for XNRG.

Yesterday, the company announced a reserve equity financing agreement that will allow it to pursue its drilling program. In a nutshell, reserve equity financing allows a company the right, but not the obligation, to sell shares in traunches over a defined commitment period, permitting the raising of capital by selling those shares as needed, or when market conditions are favorable:

PORTLAND, OR, May 08, 2013 (Marketwired via COMTEX) — Xun Energy, Inc. (OTCBB: XNRG) (XNRG) announced that the Company has agreed to a $15,000,000 Reserve Equity Financing Facility from AGS Capital Group, LLC, a US based specialist investor group, in order to enable growth with financing for its 30 shallow oil well program with an option for an additional 15 shallow oil well development program in Venango County, Pennsylvania.

More Info: www.xunenergy.com


Extended Watchlist:
PLUG, FNMA, GRPN