Tag: PSDV

Blue Horseshoe Stocks: Momentum Plays & More

Medbox, Inc. MDBX

MDBX is a stock that we were tracking fairly heavily over the course of the fall season, awaiting a solid bottom-bounce signal as the stock drew back steadily in PPS over a period of many weeks.

Yesterday we were sent into high alert mode with regard to MDBX, and while the observation came just a few minutes late to make it into our premarket report, it was shared in our trader’s chat promptly at the open as you can see from the following snapshot:

What ensued was an intraday run, and the strong bounce signal we were awaiting all along. From a low of .02 MDBX shot up 95% to reach an HOD of .039; that worked out to a 95% pop.

We felt it was another perfect illustration of why we encourage all of our followers to get in on our daily trader’s chats. There are often opportunities mentioned that won’t appear in our premarket reports, appearing in the chatroom throughout the course of a given day.

Once again, all one needs to do is log onto a Skype account and send a contact request to username ‘stocksumo‘, and you will be admitted into the chat!

pSivida Corp. PSDV – News Alert

We’re casting a portion of our attention this morning in the direction of PSDV. As we were examining this morning’s PR feeds, we noticed an announcement from the company referring to positive Phase-III study data and a huge concurring gap-up.

Medidur is PSDV’s treatment in development for an eye affliction known as posterior uveitis, and the results of the trials are said to be “statistically significant”. We’ll be monitoring this play as the session kicks off today in the event that the move up on the chart is significant as well.

Given that it’s traded up over 50% in today’s premarket, we may need to observe for possible dip-and-rip action in the stock.

Extended Watchlist:
NXGA, TALK, BLTA, LTNC, KWBT

Blue Horseshoe Stocks: Potential Bottom-Plays & More

Solaris Power Cells, Inc. SPCL

We’ve got a news play hitting our scanner this morning in SPCL, and as it turns out, the chart is looking ripe for a nice move. As we’ve pointed out on the following snapshot, the stock is trading near a relative bottom, having just registered a new 52-week low just two weeks ago.

Our regular readers are well acquainted with our history of banking excellent gains off a good rebound play. SPCL could be next in line on that front, so we’ll keep a sharp eye on it to start the week.

In addition to trading near a bottom, we’re seeing signs of a very oversold stock with a lot of room to the upside:

PALM SPRINGS, Calif., July 13, 2015 (GLOBE NEWSWIRE) — Solaris Power Cells, Inc. the creators of the Solaris PESATM “Passive Electron Storage Array”™, (the “Company”) (OTCQB:SPCL)  the Board of Directors of Solaris Power Cells today announced the appointment of long-time energy policy leader Robert Foster to lead Solaris Energy Storage Advisory Board, effective July 10th 2015. >> FULL PR

OncoGenex Pharmaceuticals, Inc OGXI

OGXI announced this morning that one of its cancer treatments, currently in Phase III trials has passed rigorous criteria and
that trials for patients with non-small cell lung cancer will proceed as planned. The stock is gapping up in premarket trading, and we’re going to monitor its activity as the session commences.

BOTHELL, Wash. and VANCOUVER, British Columbia, July 13, 2015 /PRNewswire/ — OncoGenex Pharmaceuticals, Inc. (NASDAQ: OGXI) announced today that its Phase 3 ENSPIRIT trial evaluating custirsen in the treatment of advanced or metastatic non-small cell lung cancer (NSCLC) is continuing as planned per the recommendation of an Independent Data Monitoring Committee>> FULL PR


Frontline, Ltd. FRO

We’ve got a long history with FRO that stretches all the way back to 2012. We tagged FRO in Thursday’s premarket report, after it hit a relative bottom of 2.21 on Wednesday. Our observed low following Thursday’s alert was 2.32, and on Friday we saw as the stock inched up to a high of 2.43. We’re going to be on the lookout for further gains; the stock is gapping up slightly in early trading this morning.

An added element to the story is an opinion article that came across the wires last week pertaining to the perceived undervaluation of FRO. It points to a potential longer-term uptrend in the cards, stating that while this year’s earnings growth is expected to top last year’s by more than 200%, that hasn’t really been reflected in the share price. We suggest our subscribers click the following link and give it a read >> VIEW ARTICLE

Extended Watchlist:
PSDV, GILT, FREE, GRPN, DANG, CLTX, DRYS

CBIS, OLIE, BGMD & Extended Watchlist

Cannabis Science Inc.  CBIS

CBIS is among the medical marijuana cast of characters that we’ve been following for a very long time. We began tracking this play almost two years ago, and have certainly seen a fair bit of dips and rips during that time. Freshest in our minds would be our alerts from this past February, at which point we witnessed huge gains as CBIS rose from the .04-range all way up to .1195.

We decided that now was as good a time as any to re-alert this play, as we’ve noticed it coming off of its 52-week low at .0299. At this time of year, it’s common to see stocks being subjected to tax-loss selling. We want to be on our guard as this period winds down, when selling pressure is likely to be alleviated. Stocks like CBIS stand to gain ground when that happens, as we head into 2014.

Olie, Inc. OLIE

OLIE turned out to be a well-timed call for us from yesterday. The stock may have ended the session in the red, but not before running from .0082 all the way up to a high of .02! That was good for an intraday mega-move of 147% on almost ten times the 3mo. average volume.

As we said, there was a significant pullback into the close at .0097, and with the kind of volatility we’re seeing out of OLIE, we definitely want to pay attention heading into week’s end. Further opportunities could certainly present themselves.

BG Medicine, Inc. BGMD

We had BGMD in yesterday’s extended watchlist, as we were tracking its pullback off of a recent spike. We did in fact get the bounce that we were looking for; following its morning low of .87, the stock would go on to hit a high of 1.05. A strong close at 1.04 suggests that momentum could carry over, and indeed we are seeing the stock gapping up in pre-market trading today.

Extended Watchlist:
ALIM, PERI, PSDV, OXBT, CDTI, TSEM, GILT

Blue Horseshoe Stocks: FWDG, STKO & Extended Watchlist

We’d like to welcome all of our new subscribers to our daily reports. You are entering the fray at just the right time, as our picks of late have been extremely formidable. With winners in GOFF (+128%), MYEC (153%), GESI (+195%), and EXMT (667%), it seems everything we look at recently has done very well, and today’s mentions are no different:

FutureWorld Energy, Inc. FWDG

We would like to congratulate anyone that picked up on our watchlist alert of FWDG on Tuesday.  That day, the stock traded in a range from .0013-.004, closing out at .003. Then, yesterday, we saw the price continue to increase, this time trading from  .003-01, and closing at .0073. A move from the low since our initial alert at .0013 to yesterday’s high of a penny represents a massive 669% gain in just two days.

As you can see on this chart, the main areas of resistance appear to be at .01, .02, .025. Following that, there isn’t any resistance until we reach the mid-teens.

Back in 2009, this stock ran from .004 all the way to .16, gaining a whopping 3900%  While past performance is never a guarantee of future results, provided the share structure hasn’t changed much since then, it could be possible to see history repeat itself with FWDG.

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Stakool, Inc. STKO

STKO is another stock we’ve been tracking recently, appearing again on yesterday’s extended watchlist. It has been making higher highs and higher lows this week, and yesterday, it traded nearly 5X its 3mo. average volume. The daily range was .0003-.0006, and it was possible to get in and out for 67%, from the day’s low, to the close of .0005___

Extended Watchlist:
IDGC, NXHZ, HKTU, CBMX, PSDV, NAVB

BFGC, LWSP & Extended Watchlist

Bullfrog Gold Corp. BFGC

BFGC is new to our reports this morning as a stock that caught our attention yesterday on one of our routine scans. The stock recently broke through its 200DMA, and chart conditions are looking ripe, so we wanted to make certain that we passed the ticker along to you.

Yesterday the company announced that it would start its third drill program at its Newsboy Gold Project located 45 miles NW of Phoenix, Arizona. The 30-hole drill program is scheduled for completion by early April 2013.

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Legacy Wine & Spirits International Ltd. LWSP

LWSP was a big winner for us yesterday, coming off of our extended watchlist with a really good session; the stock opened at .006, and closed at the HOD of .0099 on over 3.5x its 3mo. average volume.

A single-day gain of 65% from LWSP has definitely earned the stock a top spot on our watchlists for the remainder of the week. Closing at the HOD is often a bullish sign, so we would like to see the stock finish out the week posting higher highs and higher lows for it to continue its uptrend.

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Added Note:
AAPL and SPY are both gapping up and we will be looking at the calls today. We expect a pullback from some profit taking out of the gate, followed by a rebound.

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Extended Watchlist:
CCRY, INVA, KSWS, PSDV, MPET, RENU

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