RVLT Archives - Page 2 of 2 - Blue Horseshoe Stocks

Blue Horseshoe: New Marijuana Stocks, PLUG & More

Home Treasure Finders, Inc. HMTF

HMTF is the first of two new players in the cannabis sector that we wanted to put on our radar this morning. We’ve seen far too many of these stocks, even if the decision to enter the pot sector was arbitrary, subsequently blow their tops as traders clamor to position themselves for the latest hot ticket. At this point we’ve seen it happen so much, that reason alone is enough to call our attention to HMTF.

The interesting twist behind HMTF, is that unlike some of the other plays in this space, it is transforming its original business to fit the market. Previously a real estate acquisition and leasing firm, the company will now direct focus toward developing marijuana cultivation properties with the express intent of leasing them out to licensed growers.

DENVER, Colorado, March 10, 2014 /PRNewswire via COMTEX/ — “Home Treasure Finders, Inc. (OTCQB: HMTF) (“Company”) is pleased to announce that on March 3, 2014 the Company formed a wholly owned subsidiary, HMTF Cannabis Holdings, Inc. to purchase and improve properties that qualify for legalized cultivation of marijuana. We anticipate that our properties will be leased to licensed third party cannabis growers.

Corey Wiegand, CEO, stated “We are activating five projects which we foresee will total 125,000 square feet. We are in negotiations with lenders, land owners and growers. >> FULL PR

OSL Holdings, Inc. OSLH

Another company that is newly taking the plunge into the marijuana sector, is OSLH. In this case, it’s by way of partnering with a well-known Californian dispensary, “The Natural Way of L.A.”. After dipping its toes in the water, so to speak, the company intends to explore other opportunities relating to Colorado and Washington, the two states which have already green-lighted recreational use marijuana. Colorado, as you well know, began legal sales at the beginning of 2014, and Washington is slated to begin its own in June.

OSLH looks strong in premarket trading this morning. This is definitely a high-potential play to kick off the week, from the current looks of things.

ORANGEBURG, New York, March 10, 2014 /PRNewswire via COMTEX/ — OSL Holdings Inc. (http://www.oslholdings.com), (OTCQB: OSLH) (“OSL” or the “Company”), a technology company, announced today its entry into the legal marijuana market. OSL Holdings has contracted with one of the oldest legal medical marijuana dispensaries in California, The Natural Way of LA, to develop marijuana production facilities in California. OSL intends to form a separate subsidiary to create production facilities in states that presently have legal medical marijuana dispensaries and also position itself to accommodate the growing recreational markets in Colorado and Washington and elsewhere as legal recreational markets emerge. >>FULL PR

Plug Power, Inc. PLUG

PLUG is definitely going down as one of our most successful picks of all time. Let us give the short rundown of our history with this play. Beginning in mid-February of 2013, we began tracking this stock, and around that time, we observed a low of .1155. PLUG spent the rest of 2013 rising gradually, and by the end of the year, had already broken the 2.00-mark.

By the beginning of this year, PLUG had taken another several leaps forward, and at the end of last month, reached a high of 4.64. Even then, our potential max gains on this play were an astounding 3,917% but PLUG was only just beginning to heat up.

On Friday the stock reached a new high of 8.35! That marks a hefty 80% increase from our alert on 02/27, and an incredible overall move of 7129% from our initial alert low, and that doesn’t even include the increases we are seeing in positive premarket trading action this morning.

Part of the reason PLUG got another boost, could have been the vast exposure the company got on Friday when CEO Andy Marsh appeared in a CNBC interview. Check that out to learn more about the company and the direction in which it’s headed.

Extended Watchlist:
RGDO, MEET, UVFT, FCEL, BLDP, MATR, RVLT, NWBO, ATRM, UQM, CQB,

BLRX, LSI, FREE & Extended Watchlist

BioLineRx, Ltd. BLRX

BLRX popped our scanner this morning, and we thought we’d pass it along as it appears to be one of this morning’s most active in pre-market trading. The stock is gapping up on the heels of an early-morning press release.

It has been filling a large gap on the chart for the past several months, and we wanted to radar the stock this morning as a total fill back to levels observed this past Spring could mean significant gains from current levels.

JERUSALEM, Dec. 16, 2013 /PRNewswire via COMTEX/ — BioLineRx (NASDAQ: BLRX; TASE: BLRX), a clinical-stage biopharmaceutical company dedicated to identifying, in-licensing and developing promising therapeutic candidates, announced today promising initial results for its BL-8040 drug candidate in a Phase 2 clinical trial for patients with relapsed or refractory acute myeloid leukemia (AML). >>>Read Full PR

LSI Corp. LSI

Another stock to turn up on our morning scan is LSI. We are witnessing a heavy gap-up as the stock is currently trading up roughly 40% in pre-market trading.

At current levels in the 11.00-range, LSI qualifies for Bluesky Breakout status, so this is definitely one we want to monitor as we begin this new trading week.

FreeSeas, Inc. FREE

We are re-alerting FREE this morning. Some of you may recall back in September, when we rode this play from less than a dollar, all the way up to mid-4.00 range. The stock has generally consolidated since that time, and is now coming off of its bottom.

Chart indicators point to potentially large gains in the near future, with the MACD having just undergone a bullish cross, and the RSI sharply rising, preparing challenge the 50-line.

After yielding us gains of more than 400% the first time, we are eager to see what the current trend could produce.

Extended Watchlist:
INOL(trading at all time lows), S, BRD, AGEN, SLTM, PATH, WYY, RVLT, HNR

Blue Horseshoe: ACDU, GOGO, GERN, OXBT, NQ & More

Accredited Business Consolidators Corp. ACDU

We had included ACDU in Friday’s newsletter after noticing increased volume and building momentum in Thursday’s session. Opening strong and rallying out of the gate, the stock touched a high of .0093 before consolidating and retracing on a midday pullback. We observed as ACDU found support and bounced from .0061 back up to .0086 (+42%) and ended the day solidly at .0083.

Congrats to anyone who was able to take a quick profit from ACDU.

Gogo, Inc. GOGO

We’ve been monitoring GOGO pretty closely since Sept. 16th at which time the stock was trading at 14.79. By Sept. 26th, we saw the stock hit a high of 19.80. Over roughly the next month, GOGO retraced back to 15.90 (10/24). This morning GOGO appears to be gapping up significantly, hitting a high of 22.30 premarket, so we’re definitely going to continue paying close attention to this stock.

Geron, Corp. GERN

After we mentioned GERN in Thurday’s report, we saw a good short opportunity as the stock fell from the high 7.70’s to below 6.00.

On Friday the stock opened in the 5.00-range, and continued its descent, trending down to the mid-4.00 range. As GERN has pulled back so drastically in a small amount of time, we are watching for the dust to settle, and poising ourselves for the potential rebound which could follow.

Oxygen Biotherapeutics, Inc. OXBT
&
NQ Mobile, Inc. NQ

OXBT made a move from a low of 1.46 to 11.40 for a 681% gain since we began following it near the end of October.

Roughly around the same period of time, we also starting watching NQ, at the time trading as low as 8.42, which would go on to hit a high of 15.85, an 88% gain.

Both of these stocks underwent big consolidations last week, and began to rebound toward the end of the week. As is often the case following major runs, large pullbacks, if properly timed can make for some excellent quick-strike opportunities to profit. Thus, we still have both of these on our radar.

From Friday’s Extended Watchlist:

Revolution Lighting Technologies, Inc. RVLT

RVLT traded as low as 2.88 on Friday before hitting a high of 3.54, a possible gain of 23%

SunEdison, Inc. SUNE

SUNE traded from a low of 11.00 to 12.75, a positive intraday move of 16%

Groupon, Inc. GRPN

GRPN traded in a range from 9.45-10.43, a 10% gain.

Peregrine Pharmaceuticals, Inc. PPHM

PPHM saw a 1.22 low and went on to close at its high-of-day at 1.30, for a modest 7% increase.

Extended Watchlist:
DROP (Coming off recent lows),TCPS, XCLL(Golden Cross), DSCO, FRO, NNVC, GURE, CLRX, ZLCS (Huge gap down, watching for possible rebound)

GERN, MACK, ADSU, ACDU & Extended Watchlist

Yesterday’s OTC Shutdown

We wanted to comment on the lack of OTC trading yesterday even though our newsletter didn’t happen to contain any OTC stocks. Due to an alleged glitch in connectivity, FINRA made the call to halt all trading on the OTC Markets. It took most of the day for a solution to be enacted, but apparently the problem was resolved, and trading will resume normally today. This wasn’t the first time this year that a US Market has been shut down for glitches in data streams, as many you of recall, NASDAQ was hit with a similar occurrence which forced a halt back in August.

Geron, Corp. GERN

We added GERN to yesterday’s extended watchlist upon witnessing pre-market trades going off in the 4.00-range. It was gapping up big-time from its previous close at 3.60, and began the day’s trading at 7.25. This was a red flag, and as is usually the case with a stock which has spiked so violently, GERN hit its top at 7.79, and began the inevitable reversal. This would have been an excellent opportunity to short the stock, and cover in the 5.00-range for a rapid profit to the tune of 40%

Merrimack Pharmaceuticals, Inc. MACK

MACK is a bottom-bounce play that we picked up on yesterday, and like it as a potential recovery play. There is a big gap on the chart between the 3.00-3.40 level, the filling of which could provide us with gains of 30% or more. We’ll have it on watch today to break that 3.00-mark.

Aden Solutions, Inc. ADSU
&
Accredited Business Consolidators Corp. ACDU

We noticed that these two plays began to breakout yesterday on abnormally high volume. We want to keep them on watch for a continuation of that momentum into today’s session.

Gainers From Yesterday’s Watchlist

Here are picks from yesterday’s extended watchlist that fared well and offered us the chance at gains:

NeuroMetrix, Inc. NURO saw a low of 2.38, and ran 20% to 2.85 roughly between the hours of 10am-1pm

LivePerson Inc. LPSN touched a low of 10.61 before hitting its daily high at 11.44, an 8% increase.

Extended Watchlist:
PPHM, GRPN, RVLT, OXBT, SUNE

CERP, SWVI & Extended Watchlist

Cereplast, Inc. CERP

After appearing on yesterday’s extended watchlist, CERP gapped up slightly at the open .0288 from the prior close of .0248. We saw a slight pullback to fill part of that gap, with the stock dipping as low as .025 first thing yesterday morning, after which it proceeded to push to a high of .0449 by early afternoon. The differential from low to high produced an opportunity for us to rake in up to 80% in profits on the day.

This stock is coming off of a dead-cat bottom, so we’d like to see it get above the 50DMA of .0552 for us to remain bullish. As you can see on the chart, indicators are starting to look strong, with the RSI coming off of being oversold and getting ready to pass through the 50-line. The PPO and the Slow STO just crossed over, and momentum is looking strong, with volume picking up over the past few days.

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Swingplane Ventures Inc. SWVI

SWVI is another stock off of our extended watchlist from yesterday- this one gapped up to .19 after a previous close at .17. We saw a slight pullback to .1843, before the stock surged as high as .295 (closed @ .2899). In all, total intraday gains of 60% were possible, on huge volume to the tune of 88M shares.

We want to be cautious here, even while there may be gains still left to be made. We’ve seen a few large promo outfits touting this stock recently, so we just need to keep aware, and scan for the impending collapse that most often follows a big promotional push. The tail-end of those pullbacks generally produce bounceplay opportunities, of which we fully intend to take advantage. It will be all about timing when this comes to pass. We’ve been spot-on in timing the actions of SWVI so far, so join us in keeping this play on your watchlist as this round of promotions runs its course.

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Side Note:

Of the remaining three stocks to appear on yesterday’s extended watchlist, two posted gains on the day: Pharma-plays PATH and KERX. It was actually the third day running that we mentioned PATH, which has made gains of 21% over just a few short days; quite a feat for a big board stock. This was on the strength of a news release outlining the company’s new treatment for acute migraines.

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Extended Watchlist:
EMWW, FARE, NEWL, XRX, BIOD, CARV, RVLT