Blue Horseshoe Kicks Off 2013 With a Bang

We ended 2012 on a high note, and as anticipated, started 2013 off with a bang. We have found several high flying runners this week. We have noticed a heightened liquidity in the penny markets, and its a great feeling to see the momentum providing us with opportunity to make triple digit gains left and right. The following is a list of just a few of our winners so far this year.
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AXCG appeared on our extended watchlist on Jan.4th, AXCG was as low as .0006 at the time, and at yesterday’s high of .0026, we have had the opportunity for up to 333% in gains. Both AXCG and NOK earned us top spot in the Penny Stock Rumble after appearing in yesterday’s report .

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Aqualiv Technologies, Inc. AQLV

AQLV was another prime example of high volume high volitility action after we included it in our extended watchlist Wednesday afternoon and Thursday morning.

The stock had some news earlier in the week, pointing to a new acquisition which adds approximately $4.5M in total assets to the balance sheet; another reason we’ll be following this play into the foreseeable future.

AQLV Video Chart

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Sitoa Global Inc. STOA

Early in the week, we caught STOA from .0095-.065, racking in 584% in just two trading sessions.

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Amicus Therapeutics, Inc. FOLD

We started tracking FOLD last Friday, taking notice of a huge gap on chart dating back to December that needed to be filled. So far FOLD has traded from 3.45-4.23 for a gain of 23%

The RSI and the Slow STO both got above the 50-line and the 50MA overlay, and the histogram recently flipped up to the bullish side, continuing to build up. The PPO just crossed over, and is diverging. All in all the chart on FOLD currently has a nice set-up.

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Gulf United Energy, Inc. GLFE

We are presenting GLFE as a momentum play this morning after catching it on our scanners yesterday. We posted a blurb on our Facebook pages in the afternoon at .004, and saw a subsequent high of .0059, for a nearly 50% rip.

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Scout Exploration, Inc. SCXN

SCXN has appeared on our watchlists a few times this year, and we are adding it as a focus today as the stock is moving above its moving averages, and setting up for what could be its next run.

SCXN’s previous high was at .39. A return to those levels from the current price would reflect gains of roughly 30%, a break past, and we are in blue-sky territory.

SCXN Video Chart

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Extended Watchlist:

UPIP, DNDN, ERBB, AAPT, AMBS

STOA & EDVP | Afternoon Updates

We featured STOA in yesterday’s morning report, after the stock, previously appearing on our extended watchlists, had shot from a low of .0095 on up to the two-cent range.

This morning, the massive gains continue as we’ve now seen a high of .065 . That level marks possible intraday gains of  225 % from the low of .02, as well as a cumulative total of 582% from when we first alerted it.

We’ll be monitoring STOA as the break-out continues.

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Endeavor Power Corp. EDVP

 

EDVP is establishing itself as a well-recognized up-and-comer in the biotech indiustry, garnering added attention from traders, and as a result, we’ve seen a nice increase in volume.The stock has made higher highs and higher lows from yesterday’s session, and appears to be forming a higher base. Trading as low as .068, the stock bumped into the resistance that we pointed out at .08. Intra-day gains of 18% have been possible thus far today.

If that resistance at .08 can be broken, the gains should begin to add up more rapidly.

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Extended Watchlist:
SCXN, AQLV, GDSM, BTHR,

KWBT, OGNG, NOK & Extended Watchlist

Kiwa Bio-Tech Products Group Corp. KWBT

This morning we’d like to talk about Kiwa Bio-Tech in the wake of a press release that hit the wires yesterday, causing quite a stir among traders. The stock has only recently awoken from a slumber at the end of November, and the company has since provided two updates that include yesterday’s news announcing that the share structure would remain unchanged per a vote at the annual shareholders meeting.

BEIJING and CLAREMONT, Calif., Dec 18, 2012 (GLOBE NEWSWIRE via COMTEX) — Kiwa Bio-Tech Products Group Corporation (OTCBB:KWBT) held its annual meeting Friday in Beijing. Over 67.1% of the total number of shares outstanding were represented in person or by proxy at the Annual Meeting.

Mr. Wei Li, Mr. Xucheng Hu, Mr. Lianjun Luo and Prof. Qi Wang, as the four individuals receiving the greatest number of votes, were elected to the Board of Directors. Each of them was elected as a director to serve for the term expiring on the date of the Company’s 2013 annual meeting and until his or her respective successor is duly elected and qualified.

Paritz & Company, P.A. was appointed to act as the Company’s independent auditors for the fiscal year ending December 31, 2012.

The proposal to increase the number of authorized shares to 800,000,000 from 400,000,000 failed to receive a majority of votes in favor and therefore was not approved.

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Bravo Enterprises Ltd. OGNG

Recently OGNG woke up and ran from the .01-.02 range all the way up to .115, and has since been inching up, maintaining higher highs and higher lows. Earlier this year, OGNG ran as high as 1.30, from .03, and later made a rip from .04-.25. Looking at those runs allows us to identify previous resistance points, and based on occurrences of high volume of the past, we see that it is capable of making big swings. A break of the resistance at .25 could really catapult OGNG into another huge run, so we have this stock on watch.

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Nokia Corp. NOK

We have included NOK on our extended watchlists through much of 2012, starting in July, at which time it was trading under two dollars (1.91). On Monday the stock broke the 4.00-mark, hitting a high of 4.27 yesterday. 1.91 to 4.27 marks a total possible gain of 124%

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Extended Watchlist:
AZFL, BOSC, SVEN, SCXN, SNTL, SWHC, F