Blue Horseshoe Stocks: Updates on PIHN, MLCG

Polaris International Holdings, Inc. PIHN

We really couldn’t have been more spot-on in our pre-market assessment of PIHN yesterday. The stock behaved precisely as we suggested it might; running hard in the morning, followed by a pullback as profit-takers exited, and a subsequent bounce.

We saw PIHN run from its morning low of .0178, up to .0248, a 39% rip. It pulled back to bounce off of support at .015 and then hit .02, for another gain opportunity of up to 33%, bringing max gains on the day to more than 70%

Moving forward, we’d like to see PIHN hold support at .015 in order for us to remain interested. It will be interesting to see how another PR out this morning will factor into the equation:

DALLAS, TX, Mar 20, 2014 (eTeligis.com via COMTEX) Polaris International Holdings, Inc. (OTC Pink: PIHN) (PINKSHEETS: PIHN) is pleased to announce that it has completed an important agreement with GBISS, Inc. and its India based affiliates to begin project management and manufacturing of the Company’s exclusive Procannas(R) Cannatrol pharmaceutical grade core ingredients and sub-formulations. >> FULL PR


ML Captial Group, Inc. MLCG

We first mentioned MLCG on March 5th, and would shortly thereafter witness a low of .04. Since trading at that level, the stock has provided us with sizable chances for profit.

After calling out MLCG once again on Tuesday, we saw an intraday move of 36% as the stock traded in a range from .0544-.074.

It then followed up its appearance in yesterday’s report with quite a session as well, going on a 53% romp from .0653 to .0999. That high also represented an overall increase of 150% from the four-cent low we observed just six sessions ago.

MLCG will remain on our watchlist on the heels of yet another PR update released this morning, announcing that the company has found the first distributor for their SuperStar brand cannabis-vaporizing “pens”:

FOUNTAIN HILLS, AZ–(Marketwired – Mar 20, 2014) – ML Capital Group, Inc. (OTCQB: MLCG)  announces its continued development, growth and expansion in the medical marijuana industry and the commercialization of its SuperStar Vapor Pen products.

ML Capital Group, Inc. (“MLCG” or the “Company”) recently announced the upcoming publication of its SuperStar MMJ Recipes book, as well as integrating access to the book through its SuperStar MMJ Dispensaries smartphone application, both of which are expected to be launched in April 2014.

Today, the Company is excited to announce that it has signed its first major distributor to market and sell the SuperStar Vapor Pen. >> FULL PR


Extended Watchlist:
ISR, BGMD, SNTA, MNGA, BONE, SVA

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:
SAPX, PNCH, MFTH, FEEL,  BBRY, SVA, AFFY