Blue Horseshoe: Pot Stocks Update & More

Pot Stocks Update

Even as we’ve had other things occupying our main focus, we’ve stated continuously that traders should keep the cannabis sector on close watch. Following the complete hysteria over the industry which reached its peak shortly after we rung in the new year, we’ve seen just what we expected; consolidations leading to bounces that in many cases have been good for gains approaching those achieved by the New Year’s rush. So let’s take a look at some of the more notable performers from our long-standing watchlist. These represent just a few of the opportunities that marijuana related stocks have continued to bring us. We are not done with this sector by any means, and feel strongly that it will yield more and more gains as time goes on.

ENDEXX Corp. EDXC

We’ve had EDXC on our radar for a very long time, and it is one that didn’t lose much ground at all after pulling back off of its initial surge. Beginning at less than seven cents, 2014 has seen the stock continue to bull its way upward, touching .235 yesterday. It’s certainly a far cry from when we first came upon the stock last year, back when it was trading at roughly .015.

Cannabis Science, Inc. CBIS

CBIS has made quite an impressive bounce after consolidating off of its big run, finding support at .075; from there, it launched itself back upward for a sizable move to yesterday’s high of .1255. That marks a three-session move of 67%

Creative Edge Nutrition, Inc. FITX

The last time we looked in on FITX was on January 14th, at which time the stock was searching for support, and found it at .0174 the following day. It didn’t take long for the stock to produce yet another huge run, touching .045 during yesterday’s session. It broke above an area of previous resistance at .031, so on the next downswing, we’ll be looking for FITX to hold that level as support.

We’ve already pointed out how powerful a signal the Golden Cross can be, and FITX is yet another prime example of this. That’s why we’ve been keeping such a keen eye on our next play, because it too has a Golden Cross in the making.


Resource Ventures, Inc. REVI

REVI held its ground very well yesterday, after our bounce-call on Tuesday took it from .0074-.0105. It registered a higher low at .0085, and managed to close out the day in the green at .009. We’d like to see REVI continue to hold support in the .0075-.0085 as it works toward its Golden Cross, which if the current trend holds, could potentially occur within the next week or two.



ARIAD Pharmaceuticals, Inc. ARIA & Hemishperix BioPharma, Inc. HEB

We’ve been tracking both of these pharma plays for awhile, which are worthy of mentioning this morning:

ARIA

We mentioned ARIA back in October when it was trading around its 52-week low at 2.15. In Mid-December, it began a run which yesterday resulted in a high of 6.75. This morning the stock is gapping up into the 7.30-range.

ARIA has been the subject of potential buyout rumors originating in the UK, with names like GlaxxoSmithKline being tossed around. While this remains speculation at this time, the ramifications of a buyout would be huge, so this is a story we’ll continue to follow.

HEB

In the case of HEB, we’ve tracked this play since December, where it found a bottom in the low .20’s, and has performed exceptionally well into the new year. Yesterday the stock hit a high of .4978.


Extended Watchlist:
PSTI, INO, CVM, CBMX

PROW, REVI & Extended Watchlist

Progress Watch Corp. PROW

We first introduced PROW to our reports on December 20th, when it was trading at a low of .0065. At that time, we pointed out the likelihood of a Golden Cross, and witnessed one just a couple weeks later. That signaled what would turn out to be an astonishingly impressive week-long breakout to a high of .0488, a rise of 650% from our initial alert price. Quite a move, considering it only took a little over three weeks to transpire.

PROW, is also extremely relevant to yesterday’s report on REVI, because it illustrates the potential power of the elusive Golden Cross chart formation.



Resource Ventures, Inc. REVI

We were pleased with the quick-strike opportunity our alert on REVI offered us yesterday. After opening at its low of day (.0074) the stock surged to a subsequent high of .0105, affording sharp traders the chance at gains of up to 42% After receding from that initial push, the stock found support at .008, bouncing back to .009 before closing at .0087, up 17.5% on the day and trading over 30% more volume than its 3mo. average.

We consider that an extremely solid performance from a stock being mentioned in our reports for the first time, and our call of the possible bounce from the .0074-level couldn’t have been timed any better.

We’re not done following this play, however, as it appears this company is doing everything in its power to improve its process and ensure its positioning for positive growth in the future. We’ll leave the recent press highlights we outlined in yesterday’s special report intact below for anyone who might have missed it; we’re looking forward to seeing how the company follows through with everything it currently has in the works. We also have the impending Golden Cross angle to follow, as we mentioned above; REVI is even closer to its potential Golden Cross than PROW was when we first mentioned it. So the potential for further gains in the days and weeks to come is certainly present. While past performances are no guarantee of future results, we’ve seen the Golden Cross scenario play out so many times to a positive effect, that we would be remiss not to point it out.

We’re also looking at a fresh news release the company put out this morning:

SILVERADO CA–(Marketwired – Jan 22, 2014) – Resource Ventures, Inc. (PINKSHEETS: REVI) President Bob Thompson announced today that the Company’s wholly owned subsidiary, Resources Printing and Graphics, Inc. (RP&G) has achieved a milestone in their Promotional Products, in that the division has grown to represent more than 25% of the company’s overall revenue.

“15 years ago RP&G started their Promotional Products division to satisfy the many customer requests received on a daily basis, RP&G’s printing customers kept pressing us to take on more of their other graphic needs; they like the 24/7 service we offer, and just wanted us to do more for them,” said Bob Thompson, President of Resource Ventures Inc. “Now over a half million products are offered from pens to cups to watches; anything you want to put logo or message on, we can likely do.”

RECENT PRESS HIGHLIGHTS:

– Company expects to report over $2M in revenue for year ending 12/31/13, a year-over-year rise in in excess of 40-50% (Report due no later than 04/01)

– Planned exchange uplisting, process for which could begin as early as Q2

– Company has committed to timely release of all pertinent data while it remains on OTC Pink

– New online store “WikiClickPrint.com” in “fast-track development” mode


www.resourcesprinting.com



Extended Watchlist:
BBRY, KOOL, EVOK, MSTX, DRWI, MELA, CVM

Blue Horseshoe Stocks: REVI Special Report

Resource Ventures, Inc. REVI

Good Morning Traders! We’re ready to kick the tires and light the fires on this shortened week with something new to talk about in REVI. We’re excited about the possibilities for profits that this sub-penny play could bring from current levels, and like the space in which the core business of the company operates. Studies on commercial printing and graphics peg it at a roughly $75B-a-year industry, which is not overly dominated by large companies. It is thought that the majority market-share collectively belongs to the thousands of smaller companies (just like REVI) that operate in the sector, whereas in other industries, just a few giant corporations tend to do most of the business.

As its name suggests, Resources Printing & Graphics (RP&G) is a full-service commercial printing company that provides a number of graphics-related services. The pictures below are just a few examples from their website of the kind of things that RP&G can customize and produce for corporate, commemorative, or promotional purposes.

  •  Offset PrintingCatalogs, brochures, newsletters, etc.
  • Packaging & Promotional Displays – Paper and cardboard mediums.
  • Custom-Printed Products – Online store with hundreds of customizable items.
  • CD/DVD & Digital Media – Branding and duplication
  • Hi-Res Large Format PrintingBanners, retail signage, etc. up to 16ft wide.
  • Direct Mail MarketingMaterials and fulfillment
  • Much MoreThe above-listed items are just a fraction of what RP&G can do.

The company has also been active in the press of late, reaching out to shareholders and confirming its commitment to maintaining transparency and growth in 2014, as well as hinting at increased revenues and steps taken toward an eventual uplisting to the OTCQB. REVI is also in the beginning stages of implementing a new website to conduct their online sales, and keeping a heavy focus on quick customer turnaround. As you can tell, there are several elements to the REVI backstory that we will want to follow closely moving forward. More on that after the following review of the technical aspects of this play.


REVI CHART:

As far as the REVI Chart is concerned, there are a few key aspects that we’d like to point out. The stock has recently consolidated off of the second of two significant runs. Back in November it had a three-day spike from .003 to over .015. Most recently, it moved from the .003-area and pushed nearly as high as the preceding rally. That gives us an idea of the kind of gains that are possible with this stock. We’d like to see the 50DMA act as support moving forward- currently it is rising sharply toward the 200DMA, so we’ll be on the lookout for a Golden Cross in the relatively near future.

On Friday, we noticed big bid support at .0074, where large buyers are hoping to accumulate cheap shares:

We’ve also prepared a video of the REVI Chart:


RECENT PRESS HIGHLIGHTS:

– Company expects to report over $2M in revenue for year ending 12/31/13, a year-over-year rise in in excess of 40-50% (Report due no later than 04/01)

– Planned exchange uplisting, process for which could begin as early as Q2

– Company has committed to timely release of all pertinent data while it remains on OTC Pink

– New online store “WikiClickPrint.com” in “fast-track development” mode

 LINKS:


More Info @ http://www.resourcesprinting.com