Blue Horseshoe Stocks

Blue Horseshoe Stocks: INMG, DRNK Recaps & More

Innovativ Media Group, Inc. INMG

When we last left off with INMG on Thursday morning, we had already seen a five session swing of 1400% over the previous week. While we certainly acknowledged the impressive gains, we stated, “the stock will peel back off of these impressive highs and that’s when we’ll be looking for what could be a serious dip-and-rip pattern.” Our assessment of the situation turned out to be very astute, and INMG experienced exactly the activity we suggested.

That morning, the stock dipped down significantly to ultimately find support at .0145, from which point it began a three-session span of recording higher lows and higher highs, leading up to yesterday’s high of .032. The ‘rip’ in our observed dip-and-rip on INMG has thus far amounted to an added opportunity for gains of up to 121% on the upswing!

NoHo, Inc. DRNK

Continuing along with another fantastic call we made just yesterday, we’ve got DRNK, which we explicitly stated could be the next super-subpenny “to go for a big ride”. It took no time at all for our hunch to come to fruition, as it showed us a really nice move on day one.

The stock traded up from .0003 to .00051, for a 70% intraday pop, which came on more than eight times the monthly average volume with more than 800 million shares changing hands on the day. It also held half its advance into a .0004 close.

The move was helped along by a well-received PR which hit wires shortly after our morning report concerning the company’s declaration of a moratorium on conversions along with the negotiation of a debt buyout:

David Mersky, NOHO’s CEO, stated, “We have come to terms with our majority note holder to freeze conversions, which puts NOHO in a very strong position moving forward with significant developments underway. This is a strong signal of our majority debt holder’s confidence in the long term vision we have for the Company. This agreement is also a big win for our shareholders, as we continue to make changes to reduce the outstanding shares and avoid dilution as a priority moving forward.” (>>View Full PR)

We’re really going to want to keep an eye on DRNK. With a commitment to cleaning up their share structure, along with the added attention that a big move on the chart is going to bring, we won’t rule out the possibility of DRNK breaking from the super-subpenny range to the subpenny range, or even higher.

Extended Watchlist:
PTN, ERHE, WNTR, CANF, CATB, CAPR, NAVB, STRP

Blue Horseshoe Stocks: BLDV Recap & More

Blue Diamond Ventures, Inc. BLDV

After being discussed in our daily live trader’s chat on Thursday, BLDV went on a run from .0005-.0017, as we were mentioning in Friday’s morning report.

With another solid session to follow, BLDV became the second multi-day cannabis-related runner yielded by our chatroom in as many weeks (INMG being the other). The stock traded in a healthy range from .0016 to .0029, for an 81% intraday pop, which came with a massive surge in volume in the neighborhood of 9X the monthly average.

Those who did happen to catch the low following the chatroom alert on Thursday would have had the chance at carving out a large slice of a two-day swing that amounted to a whopping 480% That’s precisely why we’ve been routinely encouraging readers of our daily reports to get involved with our daily live chats.

The chats are open to any of our subscribers who wish to participate (or merely observe) and are conducted exclusively via Skype. Send a contact request to username ‘stocksumo‘ and get involved today!

NanoSensors, Inc. NNSR

An honorable mention from Friday’s report was NNSR, which we had tagged in our extended watchlist. The stock made an appreciable intraday move from a low of .00695 to a high of a penny. That was good for a 44% pop, although the stock failed to maintain at least half of its gains into the close.

Still, we’ll continue to monitor this play as we kick off a new trading week, as it has the type of volatility that could easily facilitate another bullish push.

NoHo, Inc. DRNK

Continuing along, with the recent trend of super-subpenny movers, we’re taking a flier on DRNK which was showing an increase in volume last week on the heels of key announcement to hit press wires.

The pickup in activity seems to have been tied primarily to the announcement of a national sales and distribution agreement with BNG Enterprises, Inc. out of Tempe, Arizona (www.bngprodx.com). The agreement provides BNG the exclusive rights to sell the NOHO 2oz Shot throughout its nationwide retail stores as well as online sales through Amazon®. (>>View Full PR)

Assuming that this super-subpenny will break into the subpenny range or higher like some of the similarly-priced stocks we’ve been tracking in recent weeks would be only speculation at this point. But we’ve seen enough triple-zero plays break out in such a short period, that we’ll definitely want to keep a close eye out for more opportunities like that, and DNRK could easily be the next one to go for a big ride.

International Business Machines Corp. IBM

We took notice of the IBM chart this morning, and would like to signal a set of extended-term options contracts for observation based on our perception of the stock. From a purely technical standpoint, IBM looks like it could have slighlty further to fall before making a convincing reversal, but indicators also suggest the stock is heavily oversold, so that change could happen at any time.

The stock showed a slight inclination to come up off of its lows last week, and there is also a pretty sizable gap to the upside to roughly the $170 area. We’re going to place the IBM 06/16 $165 Calls on watch as a result, and if IBM can make a move to return to $170 by the expiration date, these contracts could be in line for a double or even triple-bag move.

Extended Watchlist:
SPCL, OWCP, BCR, RGSE, HAS, PTX, SNGX,

Blue Horseshoe Stocks: Chatroom Call, SPU Update & More

Another Great Chatroom Call

We’ve been advocating for our daily live trader’s chats pretty heavily lately, and this morning we’ve got yet another example of why. We compile and publish our daily reports every morning between 15-30 minutes prior to the opening bell. We still manage to find great opportunities in the premarket, but sometimes the real movers don’t reveal themselves until regular trading commences. That’s where the chatroom comes in, giving us and our participants the chance to ID solid plays on the fly.

BLDV was one such play, which, subsequent to our chatter’s mention, went on a run from .0005-.0017 for a fantastic intraday rip of 240%

Our chats are open to any of our subscribers who wish to participate, or merely observe, and are conducted exclusively via Skype. Send a contact request to username ‘stocksumo‘ and get involved today!

SkyPeople Fruit Juice, Inc. SPU

We signaled SPU on Monday morning after noticing that it was searching for a bottom. We were mentioning as much in yesterday’s report , along with the fact that our bottom call had been sharp, after the stock bounced off of the 2.30 mark and began to climb 45% to 3.3299.

We also noted that SPU still had a monster gap on the chart to the upside, and for the second straight session the stock hit a new high. It traded in a range from 2.72 to 4.33, which goes down as an intraday move of 59% From the previous day’s low, it marked a two-session upswing of 88% which occurred on 21X the monthly average volume.

SPU has already been a great bottom bounce call for us, but with the kind of momentum that’s currently present, we’ll continue to watch for it to register higher highs, and higher lows over coming sessions.

Extended Watchlist:
JASN, PFIN, BVTK, NNSR, NMM, SPCL, ASPS, NURO, SPHS

Blue Horseshoe Stocks: IMNG Goes Parabolic & More

Innovativ Media Group, Inc. INMG

Our regular readers may be tiring of so many mentions of INMG in such a short span, but the stock continues to soar to new heights on practically a daily basis, and yesterday, the intensity of the bullish pattern increased to impressive levels.

As we were just saying in yesterday morning’s report, we had already seen no fewer than three separate multi-bag rips from INMG in the past week. We also noted Tuesday’s strong close on heavy volume, and that we’d continue to stay on its heels. It’s a good thing we did, as INMG traded in a daily range from .012 to a new high of .0285, for an intraday pop of 138%

From last Thursday, over a span of just four sessions, we’ve now witnessed a total increase of 470% over our observed low of .005. Of course, participants in our daily chats* could have caught our original alert the previous day when the stock traded as low as .0019, from which yesterday’s high represents a five session swing of 1400%

Once again, the stock maintained more than half of its daily increase into the close on more than five times the monthly average volume, so we’ll need to continue to keep our heads on a swivel with INMG. At some point, the stock will peel back off of these impressive highs and that’s when we’ll be looking for what could be a serious dip-and-rip pattern.

*We encourage all of our readers to join in on our daily in-session live chats. To participate, simply create/sign into your Skype account and send a contact request to ‘stocksumo’.

SkyPeople Fruit Juice, Inc. SPU

We alerted on SPU in Monday’s premarket report after noticing the stock was searching for a bottom, with a monstrous gap to fill on the chart to the upside.

Tuesday’s session brought an end that search for a reversal, with SPU bottoming out at 2.30 before reaching 3.3299 yesterday. That’s an upswing of 45% and we will certainly want to continue to monitor SPU, which still has a mammoth gap to fill on the chart.

04/20 Holiday Reminder: We always have our eyes on the cannabis sector, but will intensify our focus today especially, given that it is the marijuana counter-culture’s main day of celebration for the year! Many companies in this arena use it as a promotional tool, and activity in the recreational space usually reaches a frenzy during this period, so be vigilant, and Happy 4/20 to all!

Extended Watchlist:
COTE, CSX, IMNP, ENDP, PLG, AMH, GEVO, MVIS

Blue Horseshoe Stocks: INMG New Highs & More

Global Payout, Inc. GOHE – News Update

We want to relay an excerpt from a fresh PR that hit the wires from GOHE this morning. The last update we provided was concerning the issuance of a licensing agreement of the company’s wholly -owned subsidiary, MoneyTrac Technology (>>View PR), and this morning’s press goes into deeper detail on MoneyTrac’s adoption of a new finance platform to service, among others, the cannabis industry.

GOHE’s foray into the cannabis sector is still in its beginning stages, but that’s one of the the aspects of this play that makes it attractive to us. With properly and aggressively executed plans, like the ones we’ve seen thus far, the company can make a name for itself in this still highly impressionable market space.

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TODAY’S NEWS:

SAN DIEGO, CA–(Marketwired – Apr 19, 2017) – Global Payout, Inc. (OTC PINK: GOHE) (the “Company”) is pleased to announce that its wholly owned subsidiary, MoneyTrac Technology, Inc. (“MTT”) has selected the Virtu Network Solutions (“VNS”) brand to provide MTT with the financial technology platform MTT will utilize to service their clients in the alternative banking sector.

VNS offers a banking and payment platform uniquely tailored for companies and businesses in industries often viewed as “high-risk,” such as those in the cannabis industry, which is at the core of the MTT’s target market, and offers a state-of-the-art web-based platform for electronic payment processing, banking integration and e-wallet capabilities. In addition to these features, the VNS banking and payment platform also provides users with a “virtual currency type network” system that features stringent compliance and regulatory processes that the Company believes is an ideal solution for numerous cannabis-related businesses across the U.S. that are currently in need of payment processing solutions outside of those offered by traditional banks. (>> View Full PR)

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For more info on GOHE visit www.globalpayout.com

Innovativ Media Group, Inc. INMG

On Monday, after already tracking INMG over a series of multi-bag moves, we mentioned that the stock had built up quite a bit of momentum to close out the short week, and that we were interested to see how that carried over into this week.

It took an extra session for the next big move to begin, and it lasted for the duration of yesterday’s trading, as the stock shot up from a morning low of .006 and reached .014 for a fantastic intraday move of 133% It marked the third separate multi-bag upswing for INMG inside of the last week!

Once again the stock closed near to the high of day (.0136) on excessive volume, so we’ll continue to follow the INMG story as we head through midweek.

Morgan Stanley MS – Options Ideas

Morgan Stanley eviscerated earnings estimates with their premarket release, posting strong Q1 profits and as a result the stock is gapping up in the premarket after recently coming up off of a swing low just above $40.

We’re going to sit on the fence with two sets of options ideas in the hopper, that we’ll be able to make a decision on once regular trading commences. If MS hold support at or above the 41.00-level on any pullback, we’ll look to the MS Weekly $41-42 Calls. If the stock fails to break 43.50 on a possible run-up, we’ll shift gears and look to the MS Weekly $43.50 and $43 Puts.