Blue Horseshoe: ACDU, GOGO, GERN, OXBT, NQ & More

Accredited Business Consolidators Corp. ACDU

We had included ACDU in Friday’s newsletter after noticing increased volume and building momentum in Thursday’s session. Opening strong and rallying out of the gate, the stock touched a high of .0093 before consolidating and retracing on a midday pullback. We observed as ACDU found support and bounced from .0061 back up to .0086 (+42%) and ended the day solidly at .0083.

Congrats to anyone who was able to take a quick profit from ACDU.


Gogo, Inc. GOGO

We’ve been monitoring GOGO pretty closely since Sept. 16th at which time the stock was trading at 14.79.  By Sept. 26th, we saw the stock hit a high of 19.80. Over roughly the next month, GOGO retraced back to 15.90 (10/24). This morning GOGO appears to be gapping up significantly, hitting a high of 22.30 premarket, so we’re definitely going to continue paying close attention to this stock.


Geron, Corp. GERN

After we mentioned GERN in Thurday’s report, we saw a good short opportunity as the stock fell from the high 7.70’s to below 6.00.

On Friday the stock opened in the 5.00-range, and continued its descent, trending down to the mid-4.00 range. As GERN has pulled back so drastically in a small amount of time, we are watching for the dust to settle, and poising ourselves for the potential rebound which could follow.


Oxygen Biotherapeutics, Inc. OXBT
&
NQ Mobile, Inc. NQ

OXBT made a move from a low of 1.46 to 11.40 for a 681% gain since we began following it near the end of October.

Roughly around the same period of time, we also starting watching NQ, at the time trading as low as 8.42, which would go on to hit a high of 15.85, an 88% gain.

Both of these stocks underwent big consolidations last week, and began to rebound toward the end of the week. As is often the case following major runs, large pullbacks, if properly timed can make for some excellent quick-strike opportunities to profit. Thus, we still have both of these on our radar.


From Friday’s Extended Watchlist:

Revolution Lighting Technologies, Inc. RVLT

RVLT traded as low as 2.88 on Friday before hitting a high of 3.54, a possible gain of  23%

SunEdison, Inc. SUNE

SUNE traded from a low of 11.00 to 12.75, a positive intraday move of 16%

Groupon, Inc. GRPN

GRPN traded in a range from 9.45-10.43, a 10% gain.

Peregrine Pharmaceuticals, Inc. PPHM

PPHM saw a 1.22 low and went on to close at its high-of-day at 1.30, for a modest 7% increase.


Extended Watchlist:
DROP (Coming off recent lows),TCPS, XCLL(Golden Cross), DSCO, FRO, NNVC, GURE, CLRX, ZLCS (Huge gap down, watching for possible rebound)

XCLL, BBDA, AAPL & Today’s Extended Watchlist

XcelMobility Inc. XCLL

XCLL earned us the top spot on Penny Stock Rumble for the second consecutive day, rising 282% from .11 to .42.

We’ve provided you with a video chart highlighting XCLL.

Bebida Beverage Co. BBDA

BBDA is a momentum play that we adding to our radar today. The stock has been on quite a ride in June and July thus far, having run from .0003, to .0039 for a gain of 1200% Following that run, the stock saw one session of consolidation, finding support at .0012.

Since that time, BBDA has come back strong, closing green in the past four sessions. Yesterday it bumped into resistance at .003, and should that point be breached, the next resistance will come at the recent high of .0039. Breaking past that point would put us back into blue sky breakout mode.

We’d like to see the support hold at .002, as the stock attempts to break back into the .003’s. We’ve also provided a video chart on this play.

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Apple, Inc. (AAPL) Options

We’ve been touting the volatility and movement of Apple options all week along, and the record now shows that we were more than justified in doing so. The weekly $600 call went from as low as $2.95 to a high of $14.60 yesterday, for a possible 576% gain!

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Stay tuned for Monday when we will be re-introducing an old pick that has once provided us with a 400% move, that seems to be setting up a nice chart. Be sure to check your inboxes on Monday morning!

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Extended Watchlist:

ICPA, IDOI, CHTP,

CHTP, LBSR, XCLL, ACI & Today’s Extended Watchlist

Chelsea Therapeutics International, Ltd. CHTP

CHTP appeared on our Extended Watchlist on Tuesday after we saw a large gap-down occurring pre-market. The stock saw a low of .70 where it found support, only to turn around to hit .9399, for a possible intraday gain of 34%

After our first day of following CHTP, we like what we see. We are going to monitor this one with a more long-term approach.

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LBSR was added as a momentum play on Tuesday, the stock came out of the gate stong, running 28% intraday from .039 to .049, before consolidating and closing out the day at .037.

The volume we saw on Tuesday certainly validated our classifying the stock as a momentum play. Should the momentum continue, it is likely that we will see additional opportunities to rake in a profit.

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XcelMobility Inc. XCLL

Our call of XCLL on Tuesday landed us a spot on Penny Stock Rumble’s top gainers list, a feat we have now accomplished twice in as many weeks.

XCLL was a great call for us. We swooped in and caught the stock off of its 52-wk low. On Friday, after our first mention, shares were as cheap as .11. Just three short trading days later, the stock had gone up 150% to close out the day on Tuesday at .25.

According to the chart, the next point of resistance should come at .36. If the stock can’t breach that level, it is likely that we’ll see a pullback.

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Arch Coal, Inc. ACI

We called ACI a bottom-fishers dream on June 18th, it was as low as 5.41 a few days following that, and on Tuesday hit a high of 7.63. That marks a gain of 41%

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  AAPL (Options- We pointed out the $600 Weekly Calls on Tuesday, they ran from 2.47-4.02, dipped to 2.16, only to close at 3.10. With this type of volatility, there is ample opportunity to pull down substantial gains. )

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Extended Watchlist:

ICPA, YIPI, IDOI, EEDG