Blue Horseshoe Stocks: GNID, SGBY Reviews & More

GeneSYS ID, Inc. GNID

GNID was far and away the best call from yesterday morning’s report. It wasted no time running out of the gate hard, and making a huge push from its morning low of .078 up to .205 before lunchtime.

That impressive move worked out to an intraday pop of 163% on greater-than-average volume, a highly respectable single-session run.

The stock maintained more than half of its daily advance into the close at .15, and registered higher highs and higher lows for the fourth straight day, so we’ll keep it on our radars moving forward in the event of a continuation of that pattern of momentum.


Signal Bay, Inc. SGBY

We tracked SGBY on a major run at the beginning of this month that took the stock from a low of .0103 up to .03, a 191% swing. It spent the following weeks under consolidation, ultimately finding support off of the .0068-mark last week.

Yesterday, SGBY had returned to a high of .02, marking yet another upswing, this time amounting to 194% We’re going to want to stay on SGBY’s trail as we cruise through midweek, as a return to the highs we witnessed at the beginning of the month from current PPS levels would spell gains approaching 100%


Extended Watchlist:
DRRX, NGBL, ASCK, STXS, NSRS,
WFC (In-the-Money Calls)

Blue Horseshoe Stocks: Revisiting the Cannabis Sector

Marijuana Sector Heating Up Again

Last year at this time, we were in the midst of one of the most exciting times for an individual sector that we’ve ever witnessed. You’ll recall that the 2014 New Year brought the beginning of the first legal recreational marijuana sales in Colorado, and as a result the interest in cannabis and related stocks went absolutely through the roof. The months-long free-for-all was punctuated by dozens of ‘pot plays’ making astronomical gains, and it went down in the books as one of the most exciting mega-trends we’ve ever lived through.

While we don’t expect to see anything of that hype-fueled magnitude this year, we did notice a significant rise in activity in several of the marijuana stocks that we’ve tracked all throughout 2014 ramping up at the end of last week, so we thought this morning would be a good time to call some attention back to the legal/medical cannabis arena.

Friday’s list of gainers read like a symbol-for-symbol recap of our pot stock watchlist. Among those, the most impressive were ones that we are used to seeing make incredible moves:

HEMP, CBIS, MJNA, EAPH, GRNH, MCIG, ERBB, & TRTC 

*If you’d like to inspect our history with each stock, you can check the archives by typing bluehorseshoestocks.com/tag/____  and replacing the blank space with whichever symbol you’d like to pull up. It will furnish you with a chronological listing of each article that we posted on a given stock. (Note that this method can be used for any symbol we’ve ever covered, making us 100% transparent- just another reason why we feel our newsletter is the best around)

We will continue to make the monitoring of the cannabis sector a high priority for us as we settle into the New Year. More and more initiatives are being voted on all the time, and as we’ve been saying since 2012, the legalization of marijuana throughout the United States is going to play out like a domino effect. With measures having passed already in a handful of states, and several more slated to address  various degrees of the issue on impending ballots, the landscape of the industry should be expected to change and grow dramatically into the foreseeable future. Like always, we’ll be ready to capitalize on that growth as it happens.


Energous Corp. WATT

We also want to do a quick follow-up on WATT, a stock that we initially tagged on Wednesday Dec. 24th at a low of 8.40 and the stock has been on an overall uptrend in the five sessions since that time.

On Friday the stock managed to close in the 11.30’s and in the premarket today, we have seen trades go off as high as 12.65; that marks an increase over our observed low totaling 51%, so big congratulations are in order for anyone that has been tracking this play along with us.

There’s also some news out today about an agreement with an established electronics company that could help WATT speed up its wireless charging solution’s path to market. That’s a story we will definitely need to monitor moving forward:


Extended Watchlist:
CEMP, CNAT, STXS, KMDA, URZ, THLD

CHTP, TSLA, CANN & Extended Watchlist

Chelsea Therapeutics International, Inc. CHTP

This is a bio-pharma play that we’ve mentioned in the past, which has been undergoing some interesting activity. The stock recently fell off of a cliff, coming down from nearly 4.50 at the end of 2013, to find a bottom in the high 2.20’s on Monday. It was halted for yesterday’s session over the release of an FDA-approval related PR (below), and has resumed trading pre-market this morning, already up over 150%.  It will be exciting to see how the pattern unfolds today. Rest assured, we will be laying in wait for what appears to be potential breakout conditions.


Tesla Motors, Inc. TSLA – Options Ideas

It’s been awhile since we delivered any options-trading ideas, and have noticed some potential with TSLA. The stock was on the move yesterday, punching over the $160-mark. We want to radar the $165 & $170 Weekly Calls (Expiring 01/18) for possible intraday flip opportunities.

For instance- The 170 Calls closed at 1.17 yesterday, and will most likely gap up this morning, to the tune of 100%. If we were to see a move to $180 out of TSLA, those contracts could potentially approach the $10-mark


Advanced Cannabis Solutions, Inc. CANN

CANN was among a group of pot stocks that we added to our tracking list last week, and even as some of the other marijuana plays have been searching out a bottom, this one has managed to sustain its uptrend. We mentioned that it was on the rebound yesterday morning, and from its open at 8.00, the stock managed to close at 10.40. That marks a single-session move of 30%


Extended Watchlist:
DTLK, ARO, STXS, HEB, ATRS

Cannabis Stocks, OXBT, SEED & Extended Watchlist

Continuing Cannabis Coverage

We mentioned yesterday that despite some slight pullbacks in a few of our marijuana-related stocks on Friday, that we had better be on the lookout for rebound action. There were definitely some opportunities for that provided by some of our favorite ‘pot stocks’. The majority of the sector did indeed experience further gains, and we certainly saw tons of volume on all accounts. Here are a few of the more stand-out performances from this sector that we have been tracking heavily for an extended period:

GreenGrow Technologies, Inc. GRNH

GRNH continued its multi-day run on Monday. This was one of the ones that did not pull back on Friday. GRNH has been on a strong uptrend since we caught it toward the end of last week as it was trading at .045, and as of yesterday’s high of .185, the stock had given us the chance to make up to 311% in profits in just three sessions.

GrowLife, Inc. PHOT

We’ve seen a low of .157 out of PHOT so far in 2014, and yesterday the stock continued to push upward, touching .239. That marks a solid 52% move since last Thursday.

Tranzbyte Corp. ERBB

ERBB saw a low of .0026 before surging as high as .0035, marking an intraday move of 35% on almost 10X its average volume.

Terra Tech Corp. TRTC

TRTC made a nice move on Monday as well, trading from its daily low at .157 up to .185 for a 16% intraday gain. This came on roughly three times the average volume.

Creative Edge Nutrition, Inc. FITX

FITX managed a gain of 15% on nearly 4X its 3mo. average volume, as it traded in a daily range from .0054-.0062


Oxygen Biotherapeutics, Inc. OXBT

We liked the session put up by OXBT following its inclusion in yesterday’s extended watchlist. The stock made a solid 15% move from 5.5788 up to 6.44 on heavy volume. We’ll continue to keep an eye on this play moving forward. The company has news out today, announcing a couple of upcoming conference appearances.

MORRISVILLE, N.C., Jan 07, 2014 (BUSINESS WIRE) — –Biotech Showcase(TM) 2014 on January 15thOxygen Biotherapeutics, Inc., (NASDAQ: OXBT) a specialty pharmaceutical company focused on developing and commercializing a portfolio of products for the critical care market, today announced that it is scheduled to present at two upcoming healthcare investor conferences in San Francisco.

Oxygen Biotherapeutics’ Chief Executive Officer, John Kelley will deliver a Company presentation at the OneMedForum on Monday, January 13th at 11:30am and the Biotech Showcase(TM) 2014 Conference on Wednesday, January 15th at 11:30am. Mr. Kelley will provide an update on the business operations, including the acquisition of certain assets of Phyxius Pharma Inc. and the development and near-term commercialization of levosimendan to prevent and treat cardiac surgery patients at risk for developing low cardiac output syndrome (LCOS).


AmeraMex International, Inc. AMMX

AMMX first appeared in our extended watchlist last Monday, and once again yesterday. During yesterday’s session we observed as the stock traded in a range from .0064-.0085, a 33% move. From last week’s low of .0047, that’s a gain of up to 81%

AMMX closed at the .0085 high of day on greater-than-average volume. Couple that fact with some of the indicators on the current AMMX chart, and this shows itself as a momentum play of great interest for the remainder of the week.



Origin Agritech, Inc. SEED

Another interesting pick from yesterday’s extended watchlist was SEED. The stock traded in a daily range from 2.15 up to 2.67 (+24%), and finished on a strong note 2.56.  We can see that SEED is gapping up this morning, with premarket trades going off as high as 2.95. We’ll be eager to see how much more this play can continue to push the envelope.


Extended Watchlist:
PLUG, NBIX, STXS, VRS, RIBT, OCLS, HEB

STXS, JAKK, FNMA, FMCC, PGCX & Extended Watchlist

Stereotaxis, Inc. STXS

After appearing in our Extended Watchlist yesterday morning, STXS made a power move from 3.60-5.69, good for a 58% profit. While our timing on this alert was as close to perfect as we could hope, it certainly was no surprise. This isn’t the first time we’ve ridden this stock to large gains.We first mentioned STXS on July 30th, and at the time, it was trading as low as 2.33. By 08/06, the stock would go on to hit 10.85, for an unbelievable move of 366%

As you can see below, there is a large gap on the chart to fill from 5.64-8.02, so we’re on the lookout for a break past 5.70, which could trigger a possible move up into 8.00-range.


JAKKS Pacific, Inc. JAKK

We caught JAKK on our morning scanner yesterday as the stock was gapping up significantly. What resulted following the bell was a solid day’s performance, as we observed a run from a low of 5.68, and a subsequent high of 6.35, good for a gain of 12%


Fannie Mae FNMA & Freddie Mac FMCC

We tracked this mortgage-lending pair earlier this year to big gains, following them from the $1-range all the way up to the $5-range. (FNMA 1.20-5.44, FMCC 1.11-5.00)

We thought it was high time to re-introduce them to our watchlist, as they are breaking out once again. If past results are any indicator to the kind of gains we can expect on the current run, we’re strapping in for what could be another wild ride.

FNMA Chart

FMCC Chart


Virtual Sourcing, Inc. PGCX

PCGX comes to our attention today as a possible bottom bounce play. We’ve seen it maintain higher highs and higher lows coming off of a recent bottom.

The stock is known for making big swings in the past. Back in August it ran from .16 to 1.10, so there is a precedent for large gains from current levels.


Extended Watchlist:
SEEK, MJNA, PHOT, CLSN, BLDP

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