Blue Horseshoe Penny Stock Report, DWIS, EXTO, IWEB – 09/01/11

Dinewise, Inc. DWIS

DWIS has been on our radar since mid-April, at which time the stock was trading at .06. Just a month following our initial alert, the stock was able to reach .1795, which is a gain of 199%

Afterward the stock settled down to a base from .08 and subsequently ran to .13. Now, we can see DWIS settling into its bottom again, as it has for the past couple of weeks, and we are viewing this as our perfect opportunity to accumulate the stock before the next upswing.

We suggest you take a listen to these exclusive audio interviews with CEO Paul Roman:

http://ceocentral.com/m/sounds/view/DWIS-Interview      http://smallcapvoice.com/blog/tag/dwis/

Paul is a very experienced executive, and in our opinion, the perfect person to lead Dinewise, as demonstrated by DWIS’s ability to generate a profitable revenue stream with a diversified array of products. After listening to the interviews, you will probably agree.

 

 

Exit Only, Inc. EXTO

As you can see from the included weekly chart, EXTO has been on a steady incline, since we first called it at .0025. Our new support level seems to be at .0083, which was yesterday’s low.

The stock finished strong yesterday, closing at its high of day at .0093, providing a 12% intra-day swing. Recently the symbol’s status on OTCMarkets (formerly Pink Sheets) was downgraded to Caveat Emptor, a situation we feel should be remedied expediently. Once EXTO is brought up to current on their filings, then we will get a better representation of the actual number of Authorized Shares, as per this weeks announcement of a 71% reduction.

We are still awaiting the start of this company’s gold production, slated for October.

IceWEB, Inc. IWEB

Last, but not least, IWEB is a play that was new to us at the start of this week, has been trading in a tight channel, between .18 and .21.

We first announced IWEB as our new play, and the stock had hit a recent bottom, as well as as a MACD cross transpiring on the chart. We will continue to monitor this stock for the time being, as all of the technicals on the chart seem to be pointing toward another run in the making.

The next key area of resistance, as we previously mentioned, is .22. On the flipside, support rests at .18, and we will be keeping a close watch for that to hold moving forward.

Blue Horseshoe Penny Stock Report, CIGX – 08/31/11

Star Scientific, Inc. CIGX

We wanted take a look at CIGX this morning. This is a Nasdaq play that we have discussed in the distant past. In the past, we have witnessed some stellar gains; one of our subscribers even bought himself a house with his windfall profits from CIGX. As we were browsing our records, we took notice of the recent activity, and felt it was high time to re-open the discussion on this stock.

We noticed a significant drop-off that had recently occurred for CIGX, and believe this should be filed under the “rebound play” category.

The company also had a new PR out this morning.

Aug 31, 2011 (AsiaPulse via COMTEX)

Star Scientific Launches Anatabloc(TM) Dietary Supplement

GLEN ALLEN, Va., Aug. 31, 2011 /PRNewswire-AsiaNet/ —

Star Scientific, Inc. (NASDAQ: CIGX) has announced that the company is pleased to initiate the launch today of Anatabloc(TM), a dietary supplement that is designed to support the immune system in maintaining healthy levels of inflammation.

Anatabloc(TM), developed by the company’s Rock Creek Pharmaceuticals subsidiary, is being launched via a dedicated website (http://www.anatabloc.com) where the product can be purchased. The product also can be purchased through a toll-free customer center (1-800-778-2031).

http://www.bayportcorporation.com/

Blue Horseshoe Penny Stock Report – EXTO, – 8/30

Exit Only, Inc. EXTO

We are proud to say that EXTO lit up the boards on Monday. Our alert was almost immediately followed by the announcement that the company would be reducing its number of Authorized Shares by more than 70% EXTO had a slight gap up this morning to a high of .0109, which was followed by a pullback to its support level of .009, where it’s beginning to experience some bounce action.

This consolidation is to be expected after yesterdays nice run; EXTO trades in a predictable manner each time we see a nice surge, there seems to be a period of consolidation where the stock retraces to form a new base at higher levels of support, which we like to see.

Our new level of support is in the .009 range, with resistance at yesterdays high of .011.

Blue Horseshoe Penny Stock Report for 08/29/11

Exit Only, Inc. EXTO

EXTO has been under a slight consolidation for the past week ago. Support is holding strong at .0074, and we are waiting on an update from the company regarding gold production. The wait may be prolonged for another month to two, as the previous PR stated that the company intends to begin removing 5,000 tons of ore daily from its recently assayed, gold-rich claim no later than October.

EXTO has been steadily building this new base, looking for its next jumping off point. As the chart below illustrates, this stock exhibits extremely predictable trading patterns. You can see, following each major run all the way from our original call at .0025, there is a steady consolidation, followed by another similar run up. We are at the beginning of one such pattern.


How could we not love this stock? 220% of sustainable gains in a time period of just two months, and the party has just begun. Remember, in just another month or two, the gold will be flowing, and then, the sky’s the limit.

Blue Horseshoe Stock Report for 08/26/11

eMax Holdings Corp. EMXC

Early on this week, we stated that we were watching closely to see EMXC hold its level of support at .0015-.0016, as well as observe the RSI bounce off of the 50 mark; in both cases, our predictions rang true.

We like the fact that last weeks consolidation occurred on lighter-than-average volume, and that the MACD indicator is currently setting up for another bullish cross.

We know this play far too well to be under the impression that the party is over. Our patience with EMXC runs very thick.

United Treatment Centers, Inc. UTRM

 UTRM had another great day of gains on Thursday just as we suspected, closing at .002 for a gain of 33%, and bringing the total gain since our re-call of the stock on Wednesday to 100%

It is not the first time that we have been extremely pleased with the performance of UTRM, and neither should it be the last.

With the bottom behind us and volume increasing, we are anxious to see how this play develops over the next couple of weeks.

Patient Access Solutions, Inc. PASO

  PASO bounced off of its 52-week low of .0006 on Monday, and hit a high of .0014 that same day. Since that time, the stock has yet to firm up its bottom, and thus we are watching intently for the present selling pressure to subside.

After having released two positive statements to the press this month, PASO is still high on our watchlist.

PRs:

Visiting Nurse Service of NY Affiliate, Partners in Care, Engages Patient Access Solutions™ for Mobipen Technology

Patient Access Solutions Secures $5,000,000 Financing

We are happy to be wrapping up one heck of a week of trading on the OTC markets, and are already looking forward to kicking off more action on Monday. As the end of the Summer Doldrums rears into view, we are increasingly excited for September, and the characteristic increase in market activity that it almost always accompanies.

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