Blue Horseshoe Stocks: MDCN Refocus & More

Pervasip Corp. PVSP

To kick off this short week we’d like to take note of PVSP, a super-subpenny stock that has recently awoken from the dead and begun to show some vigorous swings on the chart. PVSP has been bouncing around in a rough channel between .0002 and .0004 for the past couple of weeks.

Every so often we like to watch super-subpennies like this one for the low-risk-high-reward factor; with little room to fall, the rock bottom prices represent a true ground-floor opportunity. Many times in the past have we caught on with a play in this situation and reaped the benefit of rapid and monstrous upswings. We’ll keep a close eye on PVSP for the possible chance to do it again.

Last week the company announced that it had completed deal that will allow it to write approximately $2M off of its existing debt for an up-front sum of just $100K, and a later payment of $25K in October. >>> VIEW PR 


Medican Enterprises, Inc. MDCN

MDCN is a marijuana-related stock that we’ve had on our long term radar for quite some time. Toward the beginning of the year we re-tagged the stock for monitoring and today seems like a good time to focus in more intently on a couple of key points that seem to indicate a possible opportunity ahead.

In addition to a recent property acquisition with potentially exciting implications (PR excerpt below), we’re catching MDCN off of its 52-week low which was just realized on Thursday. Our regular readers are well aware of how fond we are of stocks coming up off of their annual lows. We’ve successfully navigated countless plays in this exact situation, and in many cases have come up with major gains for our efforts.

LAS VEGAS–(BUSINESS WIRE)–Medican Enterprises Inc. (MDCN), a company seeking promising pharmaceutical and other business opportunities in the emerging medical and recreational marijuana sector, announced that it has entered into a purchase agreement to acquire a 7,200 square foot retail and commercial property in Phoenix, Arizona.

The property is currently leased through August 2018 to an Arizona state licensed medical marijuana dispensary. Per the purchase agreement, the lease agreement will be assigned to Medican. >> FULL PR


Extended Watchlist:
CYTR, ISR, AUY, EHTH, SWHC, FRO, IBIO

Blue Horseshoe Stocks: Potential Bottom-Play, HMCP Update & More

GAIN Capital Holdings, Inc. GCAP

GCAP began to get hammered on the heels of yesterday’s announcement by the Swiss National Bank that it would move interest rates caused some volatility in the Swiss franc.

The stock is still getting crushed in the premarket today despite the fact that the move by the Swiss does not materially affect the company, as stated in a commentary released by BCAP yesterday afternoon. >>> READ PR

Currently it has been beaten down to the 6.50-area; its lowest levels since October, so what we’re going to want to do is monitor this play for an eventual bottom-bounce. This is exactly the type of knee-jerk pullback we like to catch, as the recovery can often be extremely profitable for quick-witted traders.


Heritage Media Corp. HMCP

We first brought HMCP to our readers’ attention on New Year’s Eve, and discussed it most recently last Thursday. With such a low float, HMCP is susceptible to rapid movement on relatively little buying/selling pressure, and in the intervening time between those two reports, we witnessed a series of heavy swings in the stock cumulatively totaling 200%

We pointed out that the patterns were making a bullish flag formation on the chart, and it did turn out to be a prelude to further gains. On Monday we observed a low of .003, and yesterday the stock registered a new high for us at .0077, which adds another 156% swing to the already impressive moves we had witnessed previously.

Indicators are still looking ripe as illustrated on the following snapshot, so HMCP will be something that we keep a close eye on into next week.


Extended Watchlist:
RVP, SDRL, EOPN, IAG, PBR, BBEP

Blue Horseshoe Stocks: ACGX Update Report

Alliance Creative Group, Inc. ACGX

It has been awhile since we last zeroed in on ACGX, and with a new PR out this morning for the first time in a couple of months, it seems like a good time to bring this one up again. Before getting into the latest developments, allow us to reiterate a few key points on the nature of the company for some of our newest subscribers.Alliance’s business is well diversified, including the following services and more:

Creative & Design – ACGX conceptualizes and develops brands from scratch, as well as working with pre-existing brand imagery to create practical packaging solutions for everything from labels to product displays, flyers, ads, & more.

Packaging –  Alliance offers a virtually limitless array of product packaging options, which can be custom tailored, or selected for a catalog of thousands of pre-designed packaging templates.

 Supply Chain Management –  ACGX provides customers with supply chain management, evaluating and calibrating every aspect of the product timeline from supplier to consumer.

Printing – ACGX does in-house printing of all kinds with 24-hour distribution capabilities facilitated by a half-dozen supply warehouses across the country.

PR, Brand Development & Managment – Alliance handles these vital mechanisms from start to finish- Product Creation> Marketing> Product Placement> Distribution> Brand Management> PR


As part of its efforts to give back, Alliance has long operated Print4aCause.com, offering its services with a portion of the proceeds going to charity. More recently it established CorporateGifts4aCause.com, which aims to meld corporate gifting and charity, which we think is a great idea.


For over a decade ACGX has been working with John Paul Mitchell Systems (Company responsible for Paul Mitchell haircare products), and in a PR this fall, alluded to having received additional business for Paul Mitchell’s PM Shines line >>> READ PR 

We also want to point out the new PR released this morning which contains significant news pertaining to the expansion of ACGX’s already diverse business via acquisition:

CHICAGO, IL–(Marketwired – January 15, 2015) – Alliance Creative Group, Inc. (http://www.AllianceCreativeGroup.com) (OTC PINK: ACGX) is pleased to announce the acquisition of PeopleVine, a customer engagement enterprise software platform, to expand its product development and marketing resources. PeopleVine helps build brand loyalty through an easy-to-use customer engagement platform that offers 20 different components in one fully integrated platform. www.PeopleVine.com  >>>VIEW FULL PR

***SPECIAL NOTE*** To introduce newly acquired PeopleVine, Alliance is running a $1000 Cash Giveaway!  Anyone can enter the FREE scratch off contest and win cash, along with many other prizes including free print services, a free month of PeopleVine, and other discounts and giveaways. >>CLICK HERE TO PARTICIPATE

CHART:

Looking at the ACGX Chart, the stock began to come off of a relative bottom toward the end of 2014, and has been maintaining support above its previous resistance level which currently coincides with the 50DMA at .0019.  As you can see on the following snapshot, if ACGX can push through the channel between .002-.0025, we could be in line to witness a significant breakout to the upside.

For More Information Visit
AllianceCreativeGroup.com

Blue Horseshoe Stocks: RSH Updates & More

RadioShack Corp. RSH

RSH found new highs early in the session after we tagged it in yesterday morning’s extended watchlist. Word got around that RSH was reportedly offered a $500M bankruptcy loan, and it sent the stock quickly from a low of .43 to .55 which registers as a 28% intraday rip.

That marks the second time in the past several months that we caught RSH coming off of a new 52-week low and were afforded a rapid gain opportunity as a result. The last time was back in August when we tracked the play from its then annual low of .55 all the way up to the 1.60-area.

As of the end of 2014, the company was only short roughly $40M of the $100M in cash/credit needed to avoid having its long-term finance nixed, so this loan could certainly alter circumstances. We’ll be paying close attention for updates on whether the terms will be accepted by RSH.


Top Shelf Brands Holdings, Inc. DKTS

We wanted to do a quick update on DKTS this morning; the company came with some late morning news yesterday regarding the updated status of its recently announced teaming with Big Tent Media. Apparently Big Tent has already found a suitable partnership for DKTS with regard to the public release of its upcoming beverage line; Konvict Records, which was co-founded by well-known R&B singer Akon.

The marketing power of celebrity endorsement has been demonstrated time and time again, particularly in the premium spirits industry. Countless celebrities have successfully launched branded beverages, and DKTS hopes to capture the same sort of recognition for its brands. It’s a story to which we are definitely interested in staying closely tuned.

You can follow the link below to the corresponding PR, but first we’ve prepared a followup video on the DKTS Chart, click below to check it out:

HOUSTON, Jan. 13, 2015 /PRNewswire/ — Alonzo Pierce, CEO of Top Shelf Brands Holdings, Inc. (a Nevada Corporation) (DKTS), is pleased to announce that Big Tent Group, has secured a partnership for Top Shelf Brands with Groovlyne/Konlive Distribution/Konvict Records that will create a competitive edge for Top Shelf Brands in the alcohol beverage industry. >>>VIEW PR

More Info on DKTS @ DrinkTopShelf.com


Extended Watchlist:
RGDO, ZIOP, SMSI, BEBE, OCN

Blue Horseshoe Stocks: FRO Review & More

Frontline Ltd. FRO

FRO has definitely turned out to be one of our biggest success stories of the past several weeks. Just to refresh people’s memories, we caught this play coming off of some of its lowest prices of the year back on December 1st. Our observed low on FRO was 1.33 at that time, and in two huge upward moves the stock has traversed quite a bit of territory since then.

Yesterday FRO achieved a high of 5.05, which marks a total increase of 280% in just under six weeks! As we did after the initial push, we could now see a possible dip-and-rip scenario. We’ll remain interested provided the stock maintains support at or above the $3-area on the pullback.

As we can see on the chart above, there is a potential Golden Cross in the making, and with tens of millions of barrels of crude to be held on tankers over the next few months given the current oil landscape, this may not be the last time we point to big moves from FRO.

BARCHART.COM is currently giving FRO a “100% Buy” rating.


Twitter, Inc. TWTR – Options

Following up on one of the options ideas we were mulling over on TWTR last week; the TWTR February $40 Calls. When we first mentioned them last Wednesday (Saw a low of 2.15), we mentioned that they “could be in line for significant gains if TWTR continues to recover off of recent lows” and we did in fact see some substantial movement.

Those Feb. $40’s hit a high of 3.70 during the day yesterday, for an overall increase of 72% in a span of just four sessions! Even further gains could be forthcoming provided TWTR continues the current trend, so we’ll want to reserve it a slot on our watchlist as we head into mid-week.


Extended Watchlist:
NLST, CTIC, NSPR, RSH, ELX, ANV

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