Blue Horseshoe Stocks: Fresh News Plays & More

FreeSeas, Inc. FREE

We mentioned FREE in yesterday’s morning report as a bottom-play that was gaining momentum. The stock had begun to show signs of life after recently establishing a new 52-week low, and our focus paid off almost instantly.

We witnessed a slight dip to a low of .1113 shortly before 10AM, after which time FREE proceeded to surge its way to a daily high of .179. It registered as a 61% intraday swing before the stock tapered back to close at .091.

We’ll continue to observe the activity on the FREE chart as the week progresses, as there is a fair chance that we will continue to see sizable swings in PPS.

Axion Power International, Inc. AXPW

Speaking of major runners, the call we made on AXPW on Monday continued to extend its gains early in yesterday’s session. We caught this gem at a low of .0421, and watched as it went on to touch .36 before it began its pullback.

The move extended the total range we witnessed over just a two-session span to a whopping 755%

For us to remain interested in AXPW for further opportunities, we’ll need to see it maintain support at or above yesterday’s swing low of .14. Key resistance is sitting between .18-19.

Fresh News Plays

Synergy Pharmaceutical, Inc. SGYP came with some positive news this morning, and is gapping up heavily in the premarket. We’ll look for a potential dip-and-rip scenario to occur following the opening bell.

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Blue Shere Corp. BLSP announced a tentative share buyback program this morning that would allow for the company to acquire up to $500K-worth of its common stock from the open market and/or via privately arranged transactions. Couple that with a chart that has the look of a classic bottom-play, and we’re very interested to include BLSP on our watchlist this midweek.

Extended Watchlist:
SFUN, BVXV, ARWR, ARTX, CRMD

Blue Horseshoe Stocks: Reviewing Yesterday’s Winners & More

Axion Power International, Inc. AXPW

AXPW ensured that we started off the week with a bang yesterday with a monumental single-session performance. We placed it in our morning report after a routine scan showed some abnormally high premarket volume, and it essentially spent the entire day bulling its way to new highs.

From an early low of .0421 the stock would ultimately reach a share price of .159 just prior to the close. That worked out to an intraday rip totaling 277% on record volume.

AXPW closed just two ticks below its high-of-day at .157, and with this kind of frenzied momentum, we’ll be certain to follow the activity as things kick off today.

The stock has traded as high as .2601 in this morning’s premarket, extending the total move we’ve seen in a 24-hour period to 518% There’s a very good chance that the run-up will catalyze significant profit-taking, which will ultimately lead to an opportunity for us to time the bottom, and play the rebound.

Huge congratulations go out to any of our readers who were able profit from AXPW as a result of our premarket alert!

Indo Global Exchanges Pte Ltd. IGEX

IGEX was another stock from yesterday’s new watchlist that also did extremely well, becoming the second multi-bag gainer before the day was through . We referred to it as a “super-sub-penny momentum play”, and the momentum certainly was sustained throughout the day.

From its daily low of .0006, the stock barreled its way up to close at its high-of-day at .0013; an intraday run of 116% which occurred on volume that approached 10X the monthly average.

Like the aforementioned play, we’ll remain vigilant for the possibility of continued momentum and/or a subsequent dip-and-rip scenario of which we can take advantage.

Amedica Corp. AMDA was the other notable intraday gainer from yesterday’s newsletter. AMDA made a strong move from .40 to .497, which represents an increase of 24%

FreeSeas, Inc. FREE

This stock is an old favorite that we’ve tracked to some very nice gains in the past. We want to draw attention back to it this morning as it is beginning to show signs of life after a months-long consolidation beat the stock back to new 52-week lows. We always like to monitor stocks coming off of annual low-points; very often they lead to excellent chances on the rebound.

The stock ran hard into the close yesterday on extremely heavy volume, so we’re going to we’re going to tag FREE as a momentum/recovery play, and watch it intently as we head into mid-week. .

Extended Watchlist:
ACUR, MEA, OPTT, GBSN, PULM

Blue Horseshoe Stocks: Midday Updates

Midday UpdatesWe wanted to send out a quick afternoon update regarding a couple of the stocks mentioned in this morning’s premarket report, and the epic performances they’re putting forth today. We’ve managed to provide our readers with not one, but two big time runners to start off the week:

Axion Power International, Inc. AXPW

Thus far this trading session, AXPW has traded close to 20X its 30-Day volume while at the same time running from a daily low of .0421 all the way up to an astonishing high of .126. It marks an intraday pop of 199% and calls for a hearty congratulations to anyone that caught our tag this morning!

Indo Global Exchanges Pte Ltd. IGEX

The other major performer from this morning’s report has been IGEX. This stock saw a low of .0006 this morning before running as high as .001; that’s an 83% rip on the day.

We’ll want to keep an eye on both of these plays as the week wears on, in the event that these gain opportunities could be just a precursor of what’s to come.

If you’re reading this anywhere but your inbox or on our blog at BlueHorseshoeStocks.com, we’d suggest heading over to the site now to sign up for our daily premarket alerts. It will prevent you missing out on future winners just like these, and better!

Blue Horseshoe Stocks: NUGN Recap, New Watchlist & More

NuGene International, Inc. NUGN

We entered NUGN into the mix on Friday as one to put on bottom-watch, and it instantly became the latest in a string of perfectly timed rebound plays. After taking an absolute beating during Thursday’s session, wherein the PPS decreased by roughly 40%, the stock displayed an absolute turnaround.

From its open at 2.65, NUGN made a very respectable 26% intraday move on relatively heavy volume, hitting 3.33 shortly after noon. It maintained the majority of those gains into the close (3.10), so we’ll be on the lookout for possible momentum carryover.

We’ve identified some of the key aspects of the NUGN chart here:

Adding to Our Radar:

We’ve got a few stocks we want to put on a speculative watch for various reasons as we kick things off this week:

Axion Power International, Inc. AXPW – This fresh news play is the first that we want to enter as a possible new item of interest. The stock is trading massive premarket volume as the company published an interesting PR this morning. Take a look>> READ PR  

Trucept, Inc. TREP – This is a thinly-traded subpenny stock that is unusual due to its revenue-producing status. The company published its Q1 2015 financials this morning, so we want to tag this play for observation. An influx of volume could send TREP on a ride.

Indo Global Exchanges Pte Ltd. IGEX – This is a super-sub-penny momentum play for which we’ll want to reserve a spot on our watchlists. It’s began to trade up off of a relative bottom on Friday so we’ll be on the lookout for the possibility of some of that activity to spilling over into this week.

Enertopia Corp. ENRT – This is a stock that has been the subject of recent promotion. We’ve never mentioned it ourselves, but we want to put it on the radar today as it is coming off of quite a thrashing on Friday. There’s a chance it could present itself as a rebound play upon finding support.

Extended Watchlist:
NURO, PTBI, BLRX, IDRA, APT, AMDA, HQCL

Blue Horseshoe Stocks: NUGN on Bottom-Watch & More

NuGene International, Inc. NUGN

We’re mentioning NUGN for the first time this morning on the heels of some interesting events that have recently unfolded. The stock had been on a sustained uptrend for over two months that was apparently the product of a massive promotion (in which we played no role) which resulted in the PPS running from below $2 to more than $4.

On Wednesday, the company issued a public statement to clarify that it was not involved in promotional activities of any sort >>Read PR

What followed yesterday was a massive sell-off to the tune of nearly 40%, and that’s where we enter the picture. Regardless of the catalysts behind NUGN’s gradual rise and rapid fall, we’re only interested in the chart activity that will follow. We’re going to highlight NUGN as a bottom-watch play, because the resultant bounce when the stock finds a solid level of support could make quick-strike gains a snap for those paying close enough attention.

Fresh News Plays

We’re going to tag both of the following for observation today after each published notable premarket PR’s this morning:

AmeriMex International, Inc. AMMX

In addition to announcing the latest in a long string of recently secured purchase agreements (links below), the AMMX chart is looking rather bullish at the moment.

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Corbus Pharmaceuticals Holdings, Inc. CRBP

We’ll also keep an eye on CRBP, which has some FDA-related news out today.

Corbus Pharmaceuticals Announces FDA Orphan Drug Designation for Resunab(TM) for the Treatment of Systemic Sclerosis (Scleroderma) (Fri 8:12AM EDT)

Options Idea:

Twitter, Inc. TWTR is responding well in the wake of the revelation that its current CEO will be stepping down on July 1st. We’re going to put TWTR Weekly $36-38 Calls on watch today as well, for potential daytrading opportunities.

Extended Watchlist:
SNSS, OCLS, ESI, OSUR

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