Blue Horseshoe Stocks: Potential Bottom-Plays & More

Solaris Power Cells, Inc. SPCL

We’ve got a news play hitting our scanner this morning in SPCL, and as it turns out, the chart is looking ripe for a nice move. As we’ve pointed out on the following snapshot, the stock is trading near a relative bottom, having just registered a new 52-week low just two weeks ago.

Our regular readers are well acquainted with our history of banking excellent gains off a good rebound play. SPCL could be next in line on that front, so we’ll keep a sharp eye on it to start the week.

In addition to trading near a bottom, we’re seeing signs of a very oversold stock with a lot of room to the upside:

PALM SPRINGS, Calif., July 13, 2015 (GLOBE NEWSWIRE) — Solaris Power Cells, Inc. the creators of the Solaris PESATM “Passive Electron Storage Array”™, (the “Company”) (OTCQB:SPCL)  the Board of Directors of Solaris Power Cells today announced the appointment of long-time energy policy leader Robert Foster to lead Solaris Energy Storage Advisory Board, effective July 10th 2015. >> FULL PR

OncoGenex Pharmaceuticals, Inc OGXI

OGXI announced this morning that one of its cancer treatments, currently in Phase III trials has passed rigorous criteria and
that trials for patients with non-small cell lung cancer will proceed as planned. The stock is gapping up in premarket trading, and we’re going to monitor its activity as the session commences.

BOTHELL, Wash. and VANCOUVER, British Columbia, July 13, 2015 /PRNewswire/ — OncoGenex Pharmaceuticals, Inc. (NASDAQ: OGXI) announced today that its Phase 3 ENSPIRIT trial evaluating custirsen in the treatment of advanced or metastatic non-small cell lung cancer (NSCLC) is continuing as planned per the recommendation of an Independent Data Monitoring Committee>> FULL PR


Frontline, Ltd. FRO

We’ve got a long history with FRO that stretches all the way back to 2012. We tagged FRO in Thursday’s premarket report, after it hit a relative bottom of 2.21 on Wednesday. Our observed low following Thursday’s alert was 2.32, and on Friday we saw as the stock inched up to a high of 2.43. We’re going to be on the lookout for further gains; the stock is gapping up slightly in early trading this morning.

An added element to the story is an opinion article that came across the wires last week pertaining to the perceived undervaluation of FRO. It points to a potential longer-term uptrend in the cards, stating that while this year’s earnings growth is expected to top last year’s by more than 200%, that hasn’t really been reflected in the share price. We suggest our subscribers click the following link and give it a read >> VIEW ARTICLE

Extended Watchlist:
PSDV, GILT, FREE, GRPN, DANG, CLTX, DRYS

Blue Horseshoe Stocks: Late-Breaking PZOO News

Pazoo, Inc. PZOO

For those of our subscribers who may have missed our after hours highlight of PZOO‘s post-market PR yesterday, it alluded to the signing of Pazoo subsidiary CannabisKing’s second distribution deal in as many weeks. The company has obtained the rights to distribute Grow Pure Systems™ full product line >> VIEW PR We had also tagged the stock in our premarket extended watchlist as a bottom-watch play, and it did make a solid 14% intraday move from .0057-.0065.

We’ve already seen PZOO make a couple of more serious swings from the subpenny range to .015 or better back in April and May, so we’re well aware of its ability to make rapid gains. It is being demonstrated once again this morning, as PZOO shot to a high of .0099, running into resistance just shy of the 50DMA (.01); that’s a two-session swing of 74% over yesterday’s low!

That combined with  three significant news releases over the past 24 hours, puts our focus squarely on PZOO as we wrap up another trading week, and will surely make it a point of interest heading into next week as well.

Late-breaking news from PZOO this morning just hit the wires and it outlines a third distribution agreement for its CannabisKing subsidiary, which is increasing its portfolio at an impressive rate:

WHIPPANY, N.J., July 10, 2015 /PRNewswire/ — Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#: A1J3DK), 100% wholly owned subsidiary CannabisKing Distribution, LLC, has signed a deal with MJPayment, LLC, to sell their Banking Solution Services throughout the region where Pazoo labs are being opened. MJPayment has developed an innovative and powerful payment and banking suite as well as an industry first bank compliance solution for the legal marijuana industry. >> FULL PR

Blue Horseshoe Stocks: PZOO Post-Market News

Pazoo, Inc. PZOO

We wanted to send out an afternoon update on PZOO after noticing a new PR hitting the wires after hours today. We tagged the stock as a bottom-watch play in this morning’s extended watchlist, noting that it had been flirting with 3-month lows. PZOO responded by producing a respectable 14% intraday move from .0057-.0065, and holding the majority of its ground with a .0063 close.

Those of our readers that have been following Pazoo’s story along with us recently will recall PZOO’s subsidiary, CannabisKing Distribution, which was formed this spring. The company appears to be making steady strides in the development of this branch of its business over the past couple of weeks. On June 25th, they announced that CannabisKing struck a distribution deal for Accuvape vaporizers and accesories. Today, we’re learning that the rights have been acquired to distribute a sanitation system for legal marijuana grow operations that evidently kills mold, mildew and all sorts of harmful pathogens that can ruin a crop.

We suggest our readers take a look at the PR, and continue to stay tuned for further updates on PZOO:

WHIPPANY, N.J., July 9, 2015 /PRNewswire/ — Pazoo, Inc. (PZOO) announced today it has signed a distribution agreement with Pure Grow Systems, LLC, a subsidiary of FastFunds Financial Corporation (FFFC). The terms of the agreement give Pazoo the right to distribute the Pure Grow Systems product line to cannabis-related companies in select states in the United States. >> FULL PR

Blue Horseshoe Stocks: DRMC Review & More

Definitive Rest Mattress Co. DRMC

To start things off this morning we wanted to provide an update on DRMC, which made an excellent intraday move to start the session yesterday.

When last we looked in on DRMC at the end of the short week on Thursday, we had just observed a decent 35% intraday run in the prior session, and left our readers with a closing thought that would end up serving us well. We noted that the stock had been trading relatively thinly as a general rule, and that “a pickup in buying pressure could really send DRMC for a ride, so we’ll keep watch for that, and for the stock to continue maintaining support above the 50DMA”

It’s a good thing that we did keep watch, because the stock would both maintain above the 50DMA (.002), and see the necessary surge in volume to make its mark. Starting out from a morning low of .0037, DRMC bulled its way up to a high of .0079 in roughly the first 45 minutes of trading. That worked out to an incredible single session rip totaling 113%  From our observed low on Tuesday (.0022), yesterday’s high registered as a two-session swing of 259%

The excellent spike in volume came in conjunction with the company’s announcement that it was adding Carbon Fiber to its list of manufacturing technologies, as well as launching its new website. >>View PR

Regen BioPharma, Inc. RGBP

RGBP is hitting our scanner this morning for a couple of reasons. Firstly, the company released a positive PR regarding one of its new drug candidates, HemaXellerate. The results of an animal study conducted at the behest of the FDA proved promising with regard to the treatment’s path to approval for clinical trials.

Secondly, RGBP represents a potential opportunity as a play trading near a recent relative bottom. We’re going to look for RGBP to record higher highs and higher lows. and hold support above Tuesday’s swing low of .12 in order for us to remain interested.

Extended Watchlist:
RMGN, FRO, MM, NQ, PZOO(Testing 3mo. Lows, on Bottom-Watch)

Blue Horseshoe Stocks: PBMD Recap, ASTI News & More

Prima BioMed, Ltd. PBMD

PBMD stood out among yesterday’s fresh news plays with a solid performance on the day. It was helped along by the announcement that the European Medicines Agency had given positive Scientific Advice with regard to the development path for its metastatic breast cancer treatment.

We observed as the stock traded in a daily range from 1.42 to 1.78, representing a respectable 25% intraday swing, and it did so on the strength of nearly 3.5X its 3-month average volume.

Looking at some of the still-bullish features PBMD chart, we’re going to stay open to the possibility of seeing further upswings in the near future:

American Green, Inc. ERBB

We highlighted ERBB on Friday as a potential bottom-watch candidate, and the stock has responded with a nice move so far this week. It was trading at a low of .0039 to start things off on Monday, and yesterday we watched as it reached a .0049 high; a two-day swing of 26%

The company just completed an important step in their current business plan which was reported in a PR yesterday (link below). It was in reference to the partnership ERBB has formed to construct a legal marijuana grow operation in Colorado, which will purportedly focus solely upon the propagation of “CBD-rich cannabis strains”. It’s a story we’ll continue to follow as more details become available.

Ascent Solar Technologies, Inc. ASTI

We’re also still on alert with regard to an inclusion in Monday’s premarket report; ASTI has been making its way toward a bottom for the past few months. Yesterday we observed a low .451 toward the end of the session, and it appears that will be marked down as the the rebound point as the stock is gapping up heavily in early trading today with the help of a very positive PR.

As of this morning’s premarket high of .80 we’ve already seen a 77% swing in less than 24 hours. We’ll keep a close watch on ASTI today as this morning’s news of its 233% quarter-over-quarter revenue increase filters down and reaches more sets of eyes.

Extended Watchlist:
BTU, IPDN, UWTI, OCLS, GBSN, AMDA, CNXS(>Interesting PR)

Get Our FREE Daily Reports!

SUBSCRIBE