Blue Horseshoe Stocks: NDEV Recap, Pot Stocks Rock & More

Novus Acquisition & Development Corp. NDEV

We were just mentioning yesterday morning how we had first begun tracking NDEV on December 12th, and had subsequently witnessed a huge 250% move to the upside from our observed low of .30 to a high of 1.05.

Some people might have figured that the party was over after such a significant rise, but NDEV had other plans. The stock kicked off the short week yesterday on an impressive note, managing the biggest single-session swing we’ve seen yet, running from its morning low of .731 to a new high of 1.51. That was a super intraday push of 107% and the new high marked an overall jump from our .30 low amounting to 403%


Momentous Entertainment Group, Inc. MMEG

Speaking of continued movers, a week ago today was when we caught on with MMEG, and it has been nothing but bullish activity since then.

We initially observed a low of .0017 before the stock shot to .0055, a move of 224%. But it too kicked off the short week on a high note, with an intraday spike of 55% as dipped-and-ripped from a morning low of .0044 to a new high of .0068. It also extended our total observed gain on the play in less than a week to an even 300%


Ecolocap Solutions, Inc. ECOS

New to our reports yesterday was ECOS, which produced two noteworthy intraday moves during the session. It first ran from .003 to a high of .0048 (+60%) before pulling back to bounce off a low of
.0025 and return to .0037, adding another 48% to its cumulative gain totals on the day.

A stock with this kind of volatility is definitely worthy of continued observation.


Provectus Biopharmaceuticals, Inc. PVCT

We also want to provide a quick update on PVCT which we tagged in yesterday’s extended watchlist. The stock made a modest but solid 28% move from .018-.023, and we’ll want to continue to keep an eye peeled for signs of a continued uptrend.


Cannabis Stocks Rocking Again

Last but most certainly not least, we want to share an image of yesterday’s top traded OTC stocks, nearly all of which are in the cannabis space, which we’ve been drawing heavy attention to over the past several months. We released a reminder video to that effect over the weekend and published it in yesterday’s report, and were obviously met by a huge sector-wide surge.

Moving forward here are a few specific cannabis related stocks to continue to keep a close eye on: AGTK, FTPM, MJTK, MYDX, PMCB, GRNH, AMMJ, CNBX


Oceanic Research & Recovery, Inc. ORRV – Chatroom Call

We spotted ORRV in our chatroom yesterday, signaling it to our members at .0002 x .0003, and it went on to close at the high of day of .0008. That was good for a single session gain of 167%, and since ORRV closed at its high on abnormally high volume, we want to place it on momentum watch in the event of a possible continuation today.


Blue Horseshoe Stocks: Kicking Off the Short Week

Imprimis Pharmaceuticals, Inc. IMMY

We began tracking IMMY as it was coming off of recent relative lows on Thursday morning, and at the time the stock saw a low of 2.12 before continuing the bottom-bounce that initially drew our attention.

That trend continued on Friday, as we suggested it might in our premarket report, with IMMY adding a solid session wherein the stock pushed its way from a low of 2.50 to a new high of 3.05. It went down in the books as an intraday increase of 22%, and a two-day swing of 44% over our observed low from Thursday.


Momentous Entertainment Group, Inc. MMEG

Wednesday morning’s premarket report was when we caught on with MMEG, and after making a nice two-day swing of 123% from a low of .0017 to .0038 on Wednesday and Thursday, the stock continued to push upward on Friday and secured multi-day runner status.

From a low of .0032 the ran to .0055, which works out to a daily rip of 72% and a three-day overall move of 224% over the low we saw on Wednesday.


Yippy, Inc. YIPI

We tagged YIPI in Friday’s extended watchlist, catching the stock just in time to witness a solid run from .60-1.09, which marked an intraday rise of 82%

The excellent single-session move came on volume of more than 17X the monthly average, so we’re definitely going to want to keep an eye on it as we kick off this holiday-shortened week.


Novus Acquisition & Development Corp. NDEV

After first alerting NDEV on December 12th, we’ve borne witness to a really nice run that has essentially lasted the entire time since then.

We observed a low of .30 in the stock on that first day, and it didn’t fall below that mark once in these ten ensuing sessions. What it has done, is gradually raise the bar, until it cracked through the dollar barrier to set a new high of 1.05 on Friday. That qualifies as a two-week swing amounting to 250%


Petrobras Argentina PZE

To wrap up this lengthy review of all the recent winners we’ve been tracking, we want to make a quick mention of PZE, which we slated as a bottom-watch play at the end of last month.

We urged readers to monitor the stock closely in the days that followed, feeling strongly that a rebound was in order, and the month of December has really validated that notion convincingly. From the low we witnessed the day after our alert at 4.66, PZE has made its way to a new high of 6.77, a solid 45% swing.


Bonus Video – Cannabis Sector Update

Take a few minutes and have a look at this video update of the state of the cannabis sector, including closer views of a few of the specific plays we’ve been following in the space, and what they’ve been up to in recent weeks:

VIDEO: Cannabis Sector Review(Featuring Stock Sumo)


Extended Watchlist:
ECOS, PVCT, INVT, IMNP, MEMP, PLX

Blue Horseshoe Stocks: Options Idea, Updates & More

Provectus Biopharmaceuticals, Inc. PVCT

We want to submit PVCT as a potential bottom-play candidate this morning after noticing the stock register a new annual low last week, followed by the recording of higher lows in the two sessions that followed.

We’re going to place the stock on watch for the possibility of an extended rebound, which would certainly be long overdue.


Alcoa, Inc. AA – Options Idea

After a disappointing earnings call this morning leading to a gap-down, compounded with the chart having been on the toppy side to begin with, we may be looking to go short on Alcoa, and the way we do that is by formulating some options trading targets.

The ones we’re particularly interested in are the AA Weekly $32-30 Puts, which could be in line for significant moves to the upside if the stock continues to lose ground once the session commences.


GreenGro Technologies, Inc. GRNH

GRNH, like several other stocks operating in the cannabis space, has been seeing increased activity of late. We’ve experienced this trend leading up to elections in previous years, and especially with a major vote for recreational usage coming up in California less than a month from now, we’re going to plan on keeping a close eye on anything tied to the sector until further notice.

After signaling GRNH in a report last week and observing a subsequent low of .0651, the stock continued to make appreciable moves to the upside, trading up from .0815 to .09518 (+17%) yesterday, and an overall 41% increase.


MyDx, Inc. MYDX

MYDX appeared in our report yesterday for the first time in awhile, and the stock made a solid intraday increase for us.

From a low of .0258 it reached as high as .034, a 32% rise. The move occurred on more than twice the monthly average volume, and the PPS only slid back to .0329 into the close, so we’ll certainly want to keep monitoring MYDX for further opportunities as the week progresses.


Extended Watchlist:
TRTC, CNAB, VNTH, MOBL, MGT, MCUR

Blue Horseshoe Stocks: Wrapping Up the Short Week

American Green, Inc. ERBB

As we prepare to adjourn for the long holiday weekend, we want to circle back to an alert we issued on Monday regarding ERBB’s status as a potential bottom-bounce play. The resulting action fit neatly into that category, and all in all the stock went on to log solid move for the week.

It began with an initial dip to .0037 Monday, where the rebound began to occur. Yesterday the stock registered a high of .0045; that hashes out to a solid three-session swing of 22%

With the stock closing at .0042 yesterday, maintaining a good portion of its advances, we’ll want to keep a spot reserved on our watchlist for ERBB. We’ll look for it to continue registering higher highs and higher lows, and maintain support at the .0037-.004 range, eventually breaking back above resistance at .005.


Pervasip Corp. PVSP

PVSP is an old favorite favorite of ours; we tracked it over more than a thousand-percent gain early this year, as well as a nice 66% intraweek swing at the time of our last mention in the 1st week of June. The stock has been heating up again this week, with the PPS cracking above the 50DMA (.0014) yesterday, and managing a strong close one tick above at its high of day at .0015.

We’re going to look for the stock to make a strong finish to this short week, and keep our ears to the tracks for the forthcoming acquisition update promised in Monday’s letter to shareholders.  Apparently PVSP is putting the finishing touches on obtaining “a revenue-producing retail distribution company servicing the hydroponic and indoor grow facility market in Denver, Colorado. so we’ll be keen to receive further information on that when it becomes available.


Definitive Rest Mattress Co. DRMC

We wanted to recap the action on DRMC following its appearance in yesterday’s morning report. The stock executed a dip-and-rip pattern around midday that carried it over a range from .0027-.0035; an intraday move of +30%  This occurred on almost 3x the monthly average volume, but in and of itself the volume was still relatively light. A pickup in buying pressure could really send DRMC for a ride, so we’ll keep watch for that, and for the stock to continue maintaining support above the 50DMA.


SPY Options Update

On Tuesday, we formulated an idea for trading SPY options on the heels of some market pressure caused by the uncertainty surrounding the current situation in Greece. We would look at 205.50-207 Puts and Calls until a trend was firmly established, and then determine our course of action. When the SPY found support above the 200DMA and began to rebound, that’s when we were able to identify the Call-side as the way to play, and the bulk of the action came in the $207′s during yesterday’s session.

There were multiple swings of significant magnitude which provided potential gains. First, from .90-1.26 (40%), followed by another from .75-1.00 (33%), and a third which ranged from .66-1.05 (59%). That worked out to a cumulative total of 132%  for the day.


Extended Watchlist:
HNSN, PVCT, BLDP, NAVB, TSLA($275-280 Calls, watch for dip-and-rip)

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