Tag: RAD

Blue Horseshoe Stocks: GBGM & Fresh News Plays

Global Gaming Network, Inc. GBGM

After undergoing consolidation in recent sessions, GBGM has made its way down to find support at .0012, where it has begun to bounce.

This is a stock that was trading over half a penny as recently as late March, so we’ll want to stay open to the possibility that a bounceback from these low levels could produce notable gains.

The RSI is currently looking extremely oversold, while accumulation and distribution is on a steady upswing, so we believe that monitoring this play for a possible recovery could yield results in upcoming sessions.

Today, following the stock’s first green candle in six trading days, we’ll be on the lookout for GBGM to make higher lows and higher highs, which would confirm that it has begun to trend off of its bottom.

Fresh News Plays

The following stocks have news out this morning, that we felt was worthy of passing along:

Merrimack Pharmceuticals, Inc. MACK

We’ve highlighted MACK in the past, and were pleased to see that company has come out with news today outlining the positive clinical progress of its pancreatic cancer treatment trials, as well as releasing its Q1 financials, and filing an 8-K. We’ll provide links to all of these developments here:

Fuelstream, Inc. FLST

In addition to this morning’s news, FLST boasts a tight share structure (updated recently), and is currently trading near a bottom on on the chart. A turnaround from here could get really interesting, so we’ll be anxious to see how this play responds in coming sessions.

SUNRISE, FL–(Marketwired – May 1, 2014) – Fuelstream, Inc. (OTCQB: FLST) (“Fuelstream” or the “Company”), a international reseller of Aviation Jet fuel, is pleased to announce the official launch of a new website that will allow clients to access fuel pricing and other information on a real-time basis. >>> FULL PR

Extended Watchlist:
GLUU, RAD, S, JBLU, LIVE, ADXS

Blue Horseshoe Stocks: HEMP, TTDZ, PBR

Hemp, Inc. HEMP

Since 2012, we’ve talked up the business side of marijuana, and with all that has happened in the space since then, we have not been disappointed.

Our long-term subscribers recall that HEMP was among the first pot plays that we ever discussed, with its appearances in our reports dating all the way back to 10/16/12. If you take a look at our HEMP archive, you will find pages upon pages of coverage spanning from then up to the present, and it has been one heck of a ride.

When it first came across our screens, we saw two major runs from HEMP at the end of 2012 and leading into 2013, spanning from the .03-range up to .09, and from just below .03 back to a dime, respectively.

Flash forward to this past December, when HEMP had come all the way down under a penny (as low as .0085). Even though we knew the cannabis sector was bound to be huge, nothing could have prepared us for what was to come. As you all know, pot stocks across the board absolutely exploded around the New Year, and it sent HEMP on a stratospheric run which culminated in a high of .34 (Feb 5th.). The overall move we saw out of this play was a staggering 3900% between 12/19/13-02/05/14.

The following chart shows both that huge run, and current conditions that have us standing at attention. The PPS is holding support at a key level of previous resistance, and the MACD indicator is priming up for a bullish move:

Also turning our focus to HEMP today is the fact that just this morning, the company has released record-setting quarterly financials:

“Total sales for first quarter 2014 represent an increase of 1,181% over the same quarter last year and a marked 656% increase over the previous quarter announced just days ago.”  >> Go To PR

Triton Distribution Systems, Inc. TTDZ

Despite the general pullbacks throughout pot sector last week (perhaps largely related to the SEC’s temporary halt of PHOT) TTDZ managed to close out the week on a high note. On Friday, the stock made a nice intraday move from .024 to .0419, giving folks the chance at up to 75% in gains.

The last time we touched upon this favorite of ours, was last Monday, when we were congratulating ourselves for having seen a new high (.04) from TTDZ. The next day, the stock pushed the envelope again, setting yet another high mark at .049. From our first alert on January 30th (at a price of .0012), that is equal to an increase of 3983%

Petroleo Brasiliero S.A. (Petrobras) PBR

PBR and its options chain has been a veritable goldmine for us in recent weeks, and last week was no exception. We even saw a partial fill of the gap on the chart that we have been eyeing since beginning coverage on this play.

We were heavily interested in the $13.50 and $14 Weekly Calls for intra-week flip opportunities, and there were indeed many chances to profit.

We’re still currently looking at the $14 & $14.50 Weekly Calls for more potential flip opportunities.

The longer-term targets we’ve been tracking are the May $12 and the April $14’s, which, after already providing huge gains, still hold our interest.

Extended Watchlist:
RAD, LXRX, MSTX, IPCI, PAL, NVAX,

Blue Horseshoe Stocks: BYD, EAPH, PHOT & More

Boyd Gaming Corp. BYD

We put BYD on our radar back in January, and shortly thereafter, the stock found its way to a low of 9.11. We continued tracking it in February, where it quickly recovered ground and began trending up.

Recently (03/05), the company released favorable fourth quarter and annual financials, the highlights of which included repayment of over $500M in debt, elimination of $60M annually in interest expense, net revs for the fourth quarter increased by almost 10%, and more.

Yesterday we observed a new high of 14.15 from BYD, which represents a gain of 55% from the low we saw roughly six weeks ago.

Easton Pharmaceuticals, Inc. EAPH

Many of our readers will recall, we’ve been on EAPH for awhile now, mentioning it for the first time back on January 8th, catching it at a low of .0041. That subpenny marijuana play would go on to hit ten cents, gaining more than 2300% in roughly a month’s time. After a period of consolidation, EAPH tapered back to .0327 where we would see it bounce.

We mentioned EAPH once again yesterday as part of a joint press release with GLCO, and the stock went on to have a great session, running to .06, an intraday gain of 83%

Check out this video outlining our coverage of the stock:

Growlife, Inc. PHOT

We first began alerting PHOT last summer at a low of .0318, even though our coverage of the marijuana industry as a whole started a year prior, in 2012. After PHOT tacked on more than 100% in gains from August to October ’13, we re-alerted the stock under a dime, reminding our readers that a “Golden Cross” appeared imminent.

The rest, as they say, is history. PHOT has spent the past few months rampaging upwards like an un-caged beast, culminating in a high of .549 during a bang-up session yesterday. For those without a calculator handy, that brings the overall move we’ve seen from PHOT to a staggering 1626%

Extended Watchlist:
NHPI, PIHN, CPST, RAD, DGAZ, BGMD