SFRX | Blue Horseshoe Stocks

First Solar, Inc. FSLR

On February 27th, FSLR appeared on our watchlist as a stock we were monitoring for a bounce opportunity off of an earnings gap-down. Following that report, it was as low as 24.46. This week, we saw a big pop out of FSLR, running as high as 41.00, for a whopping 68% gain. Quite impressive, as it is not often that we see such sizable gains off of a stock traded on the NASDAQ.

Following that run, a consolidation ensued, as it found a base at 35.95; a level that we’d like to see held as future support.

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VHGI Holdings, Inc. VHGI

We’ve been following VHGI for a LONG time. More specifically, since December 9th, 2011. In that period of roughly 16 months, we’ve had quite a bit of success trading this stock.

We saw an intitial run from .21-.52, 148% for our first ever alert on VHGI. We then proceeded to see another move from .225 in December, to .746 (+230%) in January of last year. But it didn’t stop there.

After taking a bit of a hiatus, VHGI cropped up on our radars once again, on June 25th. By that time, it had come all the way down to .055. A few weeks hence, we celebrated a gain of 255% as the stock touched .195.

We then backed off for awhile, until it began appearing once again in our extended watchlist last month March 1st. This is after we noticed it coming off of its 52-week lows, and out of the sub-penny range. That was on a Friday, and the PPS had reach one penny exactly. By the following Monday, trades were going off at .048, marking another solid move, this time, to the tune of 380%

Once again, the play appeared on our watchlists, on April 2nd, and as a feature in our reports on April 3rd. At that time, we observed a run from .0195, to a break of its previous swing high of .048 (which nearly coincides with the 200DMA at .045) up to a high of .07, adding close to 260% in added profit. The significance of breaking the 200DMA is huge for the bullishness of VHGI. We’d like to see support hold there (~.05) moving forward.

If anyone knows this stock, it would be us. It stands as one of the longest-running tracked stocks in our history.

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Journal of Radiology, Inc. JRRD

JRRD has appeared in our extended watchlist, for the first time on April 2nd and 3rd. Following that time, the stock was trading as low as .0005, most recently on Wednesday. Yesterday, we observed a high of .0025, marking a huge 400% rip in just a few day’s time. Those of you who didn’t have it on your watchlists from the time of our original alerts, could still have managed gains of up to 67%, as it ran from .0015 to .0025 during yesterday’s session alone.

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Extended Watchlist:
SFRX, SKTO, PSPW, CLNO, CLNT, FST

Green Innovations Ltd. GNIN

Following our afternoon followup on GNIN yesterday, it rallied to hit a high of 1.60. From Tuesday’s low of a dollar, brings our gain total to 60% With the strength of the close (1.56), we are confident that the uptrend could continue into today’s trading session.

We’d like to continue to see support hold off of the moving averages, specifically the 20DMA at 1.26, in order for us to remain interested in GNIN. We’ve been intrigued by this play mainly for the setup on the pinching PPO, on the cusp of a cross which could occur as soon as today. For that reason, GNIN will be a focus of ours for the remainder of this week

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Virogen, Inc. VRNI

We were pleased with our bounceplay, VRNI, after it ran 25% from .0008-.001 in the morning. Following yesterday’s afternoon update, the stock continued to bounce, pulling back slightly before making a move of 29% from .0007-.0009, giving us the opportunity at intraday gains of 54%

The stock also traded record volume, to the tune 192M shares.

We’d like to continue to see support hold strong at .0006 moving forward.

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Endeavor Power Corp. EDVP

We focused on EDVP back on January 9th, and the stock was trading at around .068. We saw it pull back to as low as .045, before the stock recently ran to a high of .275. Depending on where folks got it, we’ve already seen between 304-511% in gains from EDVP in just under two month’s time.

We have a new baseline of support following that monster run at .19, which we want to see hold, moving forward. We also have a key level of resistance at the recent .275 high.

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Yesterday’s PR:

Endeavor Power Corp. Announces New CEO & Targets $14 Billion Point of Care Testing Market

CAMBRIDGE, Mass., Mar 06, 2013 (BUSINESS WIRE) — Endeavor Power Corporation (“Endeavor” or the “Company”) (OTCQB: EDVP) is pleased to announce that J. Michael Redmond has been appointed as the Company’s new CEO, President and member of the Company’s Board of Directors.

Mr. Redmond is an accomplished senior executive with wide-ranging experience and an industry veteran in the diagnostic, medical device and biotech markets. He brings over 29 years of experience in business development, licensing/acquisitions, sales management, product management and marketing management derived from his work at companies such as Abbott Laboratories Diagnostics Division, KMC Systems, Bioject and DxTech, Inc.

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Red Giant Entertainment Inc. REDG

REDG hit a new high for us yesterday of .20, and has been holding higher highs and higher lows, maintaining its uptrend. So far, the total possible gains for us stand at 167% from as low as .075 following our alert.
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Added Note:
Today we are looking at SPY Calls, with the SPY gapping up. We are paying attention to deep-in-the-money calls. Specifically the 153.50 weekly calls.

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Extended Watchlist:
APP, MCIC, SFRX, ENTB, BMSN,

Tag: SFRX

Blue Horseshoe Stocks: FSLR, VHGI, JRRD