Tag: ZAZA

Blue Horseshoe Stocks: PZOO Update, Commenting on the Marijuana Sector

Pazoo, Inc. PZOO

So far we’ve been very happy with the way PZOO has performed since we brought it into the mix to start the week. Our assertion that the PZOO chart was on the cusp of making a nice move proved accurate; after starting out at a low of .0225 on Monday, the stock broke through its 50DMA and traded as high as .031 during yesterday’s session (+38%).

Volume picked up as well, with the stock trading 2.6M shares on the day, which works out to more than 3.5X the 3-month average.

So this new play that has us interested on a long-term basis (for reasons stated in our initial report) has also shown that it has some real short-term potential as well. We also caught a fresh PR this morning, which you’ll find below the following snapshot of the PZOO chart:

WHIPPANY, NJ–(Marketwired – Oct 22, 2014) – Pazoo, Inc. (OTCQB: PZOO) (German WKN#: A1J3DK) is pleased to announce its medical marijuana testing laboratory partner MA & Associates, LLC has hired its first lab technician, Mr. Brad Gore. Further, the build-out for the testing facility began last week. Now that the asbestos abatement was done, actual construction to the facility will begin.

MA & Associates, LLC felt it necessary to begin the build-out of the testing facility and to begin hiring all necessary personnel prior to the State of Nevada issuing licenses to qualified applicants on November 3rd >> FULL PR

PZOO is dually involved with the continued development of its health and wellness online portal at PAZOO.COM as well as its majority stake in a medical marijuana testing firm in Nevada. For those who might have missed our special report on the stock Monday, you can find a copy here: PZOO REPORT

Marijuana Sector Reminder

We also want to touch briefly on our ongoing interest in other medical and legal marijuana plays. For over two years we’ve tracked, and continue to monitor the sector as a whole, with huge winners coming in the form of MJNA, CBIS, HEMP, GRNH, TRTC, ERBB, and so many others.

We recently reminded everyone that we’d be on the lookout for the cannabis space to heat up as we approach a voting season with an unprecedented number of marijuana initiatives on ballots across the country.

This Monday, a federal court will hear evidence contesting that the US Government’s classification of marijuana as a Schedule 1 substance (which ridiculously makes it equal to heroin in the eyes of federal law) is unfounded. Several doctors are prepared to challenge the scientific and medical validity of government claims. If truth and reason win the day, it could be a big step toward  furthering the cause of cannabis acceptance nationwide. >>> READ ARTICLE

Extended Watchlist:
IBIO, RGLS, CLF, BBLU, ZAZA

SKTO, EPAZ & Extended Watchlist

SK3 Group, Inc.  SKTO

SKTO has been on our radar for just under two weeks now. Despite being up a couple hundred percent already at that point, we had to put this on our radar the Tuesday before last, and we were duly rewarded for that as the stock continued to run like an absolute beast. In that short period of time, we saw a monstrous run from a low of .0023 all the way up to .0499. That marks an unbelievable chance at up to 2070% in gains in less than two weeks!

Anyone new to this play, despite a fairly good chance that Friday’s momentum could carry this stock even further today, should most likely be waiting for a pullback. After a mega-surge like we’ve seen so far, a course correction is an eventuality for which we must be prepared.

Those of you who were well-positioned after our alerts, may want to consider locking in profits on the way up, which is never a bad idea, especially with a stock that has increased in value twenty-fold at such a rapid pace.

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Epazz, Inc. EPAZ

EPAZ provided us with a couple of chances for profit on Friday following our morning alert. It began by running from .0022-.003, marking a gain of 36% We then saw a dip back to  .0017 before closing strong at .0025 for an added 47% rip. We mentioned that we wanted to see support hold at the 10DMA of .0016, which it did.

Also, take a look at this EPAZ spotlight video, which comes via our sister site, stocktraderstalk.com.

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Extended Watchlist:
PNCH, BMSN, TVTV, ZAZA, MSTX, PLUG, ZBB,

LUNL, BMBM & Today’s Extended Watchlist

Lumonall, Inc. LUNL

Despite a flat finish yesterday, LUNL managed a high of .0034. This stock first appeared on our extended watchlist on Monday, after which we saw a low of .0016, which, to yesterday’s peak price represents a gain of 113%

It has maintained higher lows and reached higher highs since we started covering it, as well as consistently trading higher-than-average volume.

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BMB Munai, Inc. BMBM

We wanted to highlight BMBM this morning, as a dead-cat bounce play that is just coming off of its 52-week low. As recently as August-September, it ran from low .20’s to .314.

On Halloween, the stock experienced a huge gap-down; trading at .31 on the 26th. The markets were then re-opened in the wake of Hurricane Sandy on the 31st, and it opened at .10, falling to a low of .017. After this catastrophic decrease, the stock continued to feel selling pressure until it reached its ultimate low of a penny this past Monday.

We like catching these plays when the bottom falls out suddenly like we’ve seen here. The subsequent recoveries are usually good for some really nice percentage increases as the stock attempts to gain back some of that lost ground. We’re obviously not expecting a return to .30, but a bounce recovering even a fraction of the former value could be a lucrative prospect indeed.

Looking at the chart below, we can see that the Accum/Dist and the RSI are starting to look like they are turning around after a period of being heavily oversold. The PPO also looks like it is setting up for a bullish cross in the sessions ahead, so we definitely want to keep an eye on BMBM heading into next week. The Slow STO has been kissing and it too seems to be gearing up for a cross. We can see that .034 is a recent swing-high, as the stock tried to bounce immediately after the big gap-down; that is where it ran into some resistance, and thus seems like the first major hurdle that needs to be cleared.

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Extended Watchlist:
TCX, ZAZA, FRO, SNDN,