Blue Horseshoe Stocks

Blue Horseshoe Stocks: Special Report on PSID

Positive ID Corp. PSID

This morning we are going to revisit a play that brought us tremendous success earlier this year. Back in February, we tracked PSID over an impressive range from .0572 to .125, giving us the chance at close to 120% in gains. More recently, the stock has consolidated down to find support at .04, and we think the chart is beginning to look very ripe for a bounce. We’ll get to that in a minute, but first, for those of our readers that may not yet have been members this past winter, we’ll take a look at what Positive ID Corp actually does.

Essentially, PSID develops microfluidic systems for automated biological assays with applications ranging from homeland security and defense, to point-of-care biological sample analysis. In addition, each of these systems is being evaluated by some very high-profile entities:

M-BAND – PSID’s Microluidic Bio-Agent Autonomous Networked Detector is a fully-integrated bioaerosol monitor which performs multiplex assays using cell lysis and nucleic acid purification. It operates autonomously for up to 30 Days, providing continuous analysis of air samples and screening for bacteria, viruses, and toxins.

Firefly Dx – For point-of-care diagnosis, the FireFly Dx system is a portable handheld device capable of sample lysis, purification, PCR analysis and more, allowing for efficient field testing.

In March, PSID struck a contract with a large commercial partner to support a U.S. Department of Defense contract. The program will test and evaluate the M-BAND bio-threat detector for use by the U.S. military. PSID has announced that it expects to generate a sum of $841K in revenues from this contract in 2014.

More recently, in May, it was announced that PSID had signed a ‘Space Act Agreement’ with NASA’s Ames Research Center, under the terms of which NASA will assess Positive ID’s Firefly technology for potential ground and space applications, which we think is really cool!

There have also been a few other PR’s released over roughly the past month that warrant our attention, the links to which you can find below the following chart commentary:

The RSI is looking oversold, the MACD is gearing up to flip to the bullish side, and the chart is looking like it has tremendous potential as a bottom-play, with support having held off of a previously proven level at .04 for the past three sessions.

Due to this current positioning of the PSID Chart, and the nature of this morning’s press release, we are placing the stock on high alert today, and will want to pay extra attention to this play in coming sessions.

You can also take a look at the PSID chart via this quick video presentation:

LINKS TO RECENT PRESS:

DON’T MISS TODAY’S EXCITING NEWS:

PositiveID Receives New Order to Support M-BAND System for U.S. Government Contract

Order Increases the Value of Existing Department of Defense Contract; PositiveID Increases Revenue/Backlog Estimate to $3.5 Million; Reiterates Revenue Guidance of $4-10 Million Through the End of 2015 >> CLICK FOR PR

More Information @ www.positiveidcorp.com

Blue Horseshoe Stocks: GEIG Update – 07/16/14

GEI Global Energy Corp, Inc. GEIG

We’re going to be touching base with GEIG again today- If our regular readers will bear with us for a moment for the benefit of our new subscribers, let’s recap the highlights of this play and take a look at what it did for us last week.

Advanced Fuel Cell Technology- The GEI X5 APU (auxiliary power unit) uses a Nickel Metal Hydride (NiMH) battery in conjunction with a PEM (proton exchange membrane) fuel cell for its high capacity steam reforming technology. The efficiency of these hybrid units is impressive. Steam generation is the most ‘energy expensive‘ resource required for fuel processing, yet GEIG‘s technology increases the overall steam reforming efficiency to over 90% as noted in tests the company conducted this spring. The technology is patented, and the company has already received purchase orders. (Extremely detailed rundowns of GEI’s products can be found at GEIGlobal.com)

GEIG certainly made a splash when we introduced it last Wednesday, showing us its ability to make rapid moves. On that day, traders could have easily made gains of well over 400% as the stock barreled upward from the .015-area all the way to .08. (Actual range was .0098-.08, but there were not many sub-.015 shares to be had) It became one of our top picks of the year last week, and since then has undergone quite a consolidation.

For that reason, we’re looking back in on GEIG today, as yesterday’s trading saw the stock come back to its original levels from when we first ran across it. It actually presents us with the opportunity to potentially catch the next wave, as a bounce off of support here is quite possible; we’ll need to keep a sharp eye out for a bottom. Even a fraction of the move to .08 that we saw last week would deliver sizable gains from these levels, so we really want to keep our eyes on this play as it gets itself in gear for the next leg-up.

Find More Detailed Info at www.geiglobal.com

Blue Horseshoe Stocks: BZCN Report

BizAuctions, Inc. BZCN

Our point of focus this morning is BZCN, a stock whose potential we like for various reasons.

Currently the main business of BizAuctions involves the provision commercial liquidation services for excess inventory, overstock items, returns, etc. However, the company has made clear its intent to shift gears with regard to its business model.

One of the changes BZCN hopes to implement is a big item on the list of why we think this play has potential; per a recent press statement, it was noted that the company had retained legal counsel based out of Colorado to explore opportunities available to it in the burgeoning cannabis industry. We’d love nothing more than to have another marijuana-related stock to add to our expansive watchlist.

Apart from its unrealized aspirations, there is gathering evidence that shows BZCN‘s management has been making real strides toward getting the company’s affairs in order, beginning with the recent cleaning up of its standing with OTC Markets. BZCN submitted the necessary information to move up from Limited to Current Status.

Along with coming current with its reporting, BZCN recently announced a huge reduction in authorized common stock from 20 Billion to 2 Billion, which took effect on July 7th. It’s always promising when a company makes moves to clean up its share structure.

Also intriguing is the current setup of the BZCN chart. We’ve got an RSI that has just got above the 50-line, and the PPS has broken above the 50DMA. The MACD is pinching toward a bullish cross, and accumulation/distribution is starting to pick up.

You can also take a look at the video chart on BZCN that we prepared this morning:

There’s also a new PR out this morning that you’ll want to read over:

LAS VEGAS, NV / ACCESSWIRE / July 15, 2014 / BizAuctions, (OTC Pink: BZCN), The Company has signed a one (1) year lease on office space and is in the process of opening an office in Centennial, Colorado in Arapaho County. This new location will place the Company in close proximity to the epicenter of the Medical-Recreational Marijuana Industry. >>> READ FULL PR

Be sure to stay closely tuned in to further reports this week; we’ve got a couple of repeat plays coming up that have done well for us in the past. It should make for some exciting trading action, so stay glued to those inboxes!

Blue Horseshoe Stocks: APP, Social Media Updates & More

American Apparel, Inc. APP

As tends to happen each year, we’ve honed back in on APP at an opportune time. After seeing a low of .51 as recently as June 24th, this past Thursday saw this stock push past the dollar-mark. After another solid session on Friday wherein the stock reached as high as a 1.20, it appears as if APP wants to gap up once again this morning, touching 1.27 in pre-market trading. At that price, we’ve seen an overall move of 149% from this play in just three weeks.

There’s a chance that we could see a slight consolidation to fill the gap on the chart left on Friday (1.05-1.08) in which case we’d need to see APP hold support at or above the 1.05-mark. The chart still appears ripe, however, so it will interesting to see how this play kicks off a new trading week.

Twitter, Inc. TWTR
& Facebook, Inc. FB

Social media giants TWTR and FB began to heat up last week, as anticipation of upcoming earning releases has ramped up, and both stocks seem to be gapping up in early trading this morning. We’ve done very well for ourselves trading options contracts on each of these plays, and will be looking for more of the same as these current uptrends play out.

As far as TWTR is concerned, the next key resistance is sitting at 42.50, and our current scope of interest in Call options rests in the $39-$41 range. Should TWTR gain further ground as trading opens up for the week, those contracts could see an appreciable rise in value in just a short time. (Earnings Release Date: 07/29)

FB’s key area of resistance is around 68.50, and we’re interested in Calls at the $67-69 level. FB earnings will come sooner that TWTR’s by almost a week, with the announcement just 9 days away, so we’ll really want to keep a close eye on the action here. (Earnings Release Date: 07/23)

Solar Wind Energy Tower, Inc. SWET

SWET first appeared in our reports on June 13th, at which time we designated it a stock that was due for a pop, and that’s exactly what we got out of it. The stock rushed upward from our observed low of .0185 to hit .032 (+73%) a week ago. After a slight consolidation and finding of support at .0226, the stock has begun to inch up toward the .03-mark once again. To get there, we’ll need to see a break of resistance at Friday’s swing high of .0291.

This morning’s news could be of help, with the announcement of up to $100M in additional funding hitting press wires:

Solar Wind Energy Tower, Inc. Agrees to Accept up to $100 Million Additional Financing from Arizona Alternative Energy Center, LLC for San Luis, Arizona Tower

Extended Watchlist:
IMII, KNDI, PGNX, EXEL, JDST, WPCS, CREG, PSTI, ISR

Blue Horseshoe Stocks: The Week in Review

Looking Back on a Stellar Week

We couldn’t have asked for a better week of winning picks, especially coming off of a holiday weekend, so to wrap things up we’re going to go over all of our successful picks, and what kinds of moves they made.

GEI Global Energy Corp. GEIG

Of course the big winner for this week was GEIG, and in fact was one of our most successful picks in quite some time. We initiated coverage of GEIG on Wednesday, the stock opened up and saw a low of .0098 very briefly before exploding to a high of .08, a single-session move of 716% While it’s unlikely that traders could have picked up any of those sub-penny shares, the real action began around .015, still leaving the opportunity at a high number, with gains of up to 433% being very possible. The stock traded record volume.

Camtek, Ltd. CAMT

CAMT came off of Monday’s extended watchlist to perform exceptionally well for us, running from a low of 3.42 to 5.14, a solid 50% gainer on more than 40x its 3-month average volume.

GW Pharmaceuticals, Inc. GWPH

On Tuesday, we were talking about GWPH, stating: “Once we see a solid level of support established and GWPH begins to rebound, then we’ll be able to adjust our options-trading strategies accordingly.” Sure enough, the stock did indeed find solid support at 85.32. We would subsequently see an uptrend carry GWPH as high as 93.97. As a result, the $85 Weekly Calls traded in an impressive range from 4.30 to 9.60, a total possible gain of 123% while the $90 Calls made an even more impressive move. They would run from 1.55-5.69, giving traders a chance at profits up to 267% We’ll continue to watch those weekly contracts today for a possible intraday flip opportunity.

American Apparel, Inc. APP

This spring, we started reminding people that as the retail season approaches, APP is a stock that we traditionally play for nice gains every year. 2014 has proven no different. We saw a low of .51
out of APP on June 24th, and the stock has made more than a 100% move up, touching 1.05 during yesterday’s session. The retail season has yet to even kick into gear, and already we’ve been able to reap some excellent rewards from this retail stock; it will certainly remain on our watchlist as the summer begins to wind down.

Inception Mining, Inc. IMII

We first added IMII to our lists yesterday as a long term-mining play. We wanted the stock to hold support off of the 200DMA, and break resistance at the 50DMA, and that’s just what we got. The stock has made higher lows and higher highs over the past couple of sessions, so it appears we’re off to a great start with this one. On the chart, the RSI cracked above the 50-line, and the MACD is still heading for a bullish cross, so we’re still very interested to see what this play could do in the days and weeks ahead.

Extended Watchlist:
HALO, DGLY, JOEZ, EVRY, PBR