Blue Horseshoe Stocks: Brand New Pick Coming Tomorrow

Stay Tuned for Hot New Momentum Play Tomorrow!

We’ve got an intriguing stock that isn’t quite ready to be released today, but we’ve estimated that by tomorrow morning, it will be ripe for the picking. We’ve thus decided to hold off on bringing any fresh symbols to your attention today, in anticipation of tomorrow’s big play.

In the meantime, we thought we’d take a look back at couple of our recent successes:

SCXN | Scout Exploration, Inc
We’ve been following SCXN since December. On December 18th, a day following our initial alert, it was trading as low as .15. By February 5th, the stock had hit a high of .40, a move of 166% Following that run-up, SCXN dipped back to the .15-range by March 4th.

Yesterday’s news (below) caused a flourish of buying, and once again, the stock surged back to .40, mirroring its earlier performance. Currently .40 remains our key area of resistance, a break past which point is needed in order for us to see some more upside.

ST. JOHN’S, NEWFOUNDLAND–(Marketwired – Apr 22, 2013) – Scout Exploration Inc. (SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Growth in offshore drilling between Q1 2011 and Q4 2012 represents an expanding market for the Scout IDS Airborne Spill Response System.

During the 24 months between January 2011 and December 2012 the contracted offshore rig count grew by approximately 100 units, an increase of nearly 20% and now stands at an 85.2% fleet utilization rate.

Have a look at this report we ran across on SCXN

TFER | Titan Iron Ore Corp:
We caught TFER last week as it was coming off of its 52-week low, was as low as .095. When we originally alerted the stock, we were looking for a break of the resistance at .12 (20DMA), also noting that the next resistance would come at the 50DMA of .15. For those of you who missed those original alerts, you can view that report here along with included video chart.

The last three trading sessions, we’ve been bumping our heads against resistance at .145, and maintaining support at .13. It appears as if we are basing for our next leg up. Current resistance, as well as the next patch at .15 must be broken for us to remain interested.

Extended Watchlist:
CVN, CLSN, MEMS, SCON, WPNV, AAPL Options (Possible Puts and Calls, Straddle for Earnings After the Close)

ASKE, SCXN, SPY Calls & Extended Watchlist

Alaska Pacific Energy Corp. ASKE

Triple-zero stocks can serve well as “lottery ticket” plays, and have been known by us in the past, to sometimes be capable of large and rapid gains. ASKE falls under that category. Earlier this year, the stock ran 500% from .0001-.0006. Following that run the stock pulled back to .0002 before making a 150% move to .0005, so as you can see, ASKE is certainly able to deliver multi-bag gains. Every uptick from the current price would spell 30% in gains, So while they generally carry high volatility, triple-zero stocks certainly have some serious  “silver lining” potential.

Currently the stock is sitting at .0002, its 200DMA, with resistance at the 50DMA, of .0003.Should ASKE move past that level, it could very easily return to recent swing highs in the .0005-.0006 range, which would represent a quick 66-100% in gains.

Out this morning: Alaska Pacific Energy Corp: Message From the President


Scout Exploration, Inc. SCXN

We have mentioned SCXN plenty in the past, and it seemed like a decent time to re-mention it. The stock is hovering around a low, and has been holding above the 200DMA.

We also ran across a research report on SCXN that you may find informative.


Weekly SPY Calls

The SPY Index pulled back early in yesterday’s trading session, though it was very short lived, as the S&P500 rallied late in the day.This morning the SPY is gapping up to new highs, and we once again want to turn our attention to the 155.00 and 156.00 Weekly SPY Calls.

Yesterday, the 155’s closed at a 1.06, and the 156’s closed at .32. We expect to see gap-ups on each to the tune of 50% or better. If the last eight or nine trading sessions have any influence on today, we would expect to see a pullback followed by a potential bounce-play opportunity.   


Extended Watchlist:

LWSP, PSWS & Extended Watchlist

Legacy Wine & Spirits International Ltd. LWSP

LWSP first began appearing on our extended watchlist on January 16th, at which time the stock was trading as low as .006. Within a few days, it had pushed its way up to .023, for a 283% move.

Again on Friday we included LWSP on our extended watchlist, this time at a penny, and yesterday we saw the stock hit .02, a chance for an added 100% rip.

The chart conditions remain favorable as well- the RSI is climbing into the power zone, the PPO pinching in for a cross, and the Slow STO recently crossing up through the 50MA.

Friday’s post market PR:

Legacy Wine & Spirits International Ltd. (OTCPINK:LWSP) announces the signing of a Letter of Intent (“LOI”) with Mojave Gold Corporation (“Mojave”), of Largo, Florida.

The LOI allows for Legacy to have the right to earn up to a 30% interest in Target #1(Kaburi Anorthosite) of Mojave’s PGM Project in their Platinum/Palladium licenses in Guyana. The arrangement also calls for an exchange of shares for both companies and a cash commitment from Legacy to Mojave for the Target #1 work program.


PureSafe Water Systems, Inc. PSWS

PSWS came off of our extended watchlist yesterday to trade in a range from .0049-.0065, and closed at its high of day, for gains as much as 33%


Added Note:

BMSN and MWIP were focal points yesterday, we noted that the two stocks have gained nearly 5000% over the past four months. Yesterday, they continued to pile on the gains, turning in two stellar performances. They, of course, remain high on our watchlist.


Extended Watchlist: