Blue Horseshoe Stocks

Blue Horseshoe Stocks: EAPH Updates & More

Easton Pharmaceuticals, Inc. EAPH

As we wrap up this short trading week, we thought we’d touch upon EAPH, a stock that has done big things for us this year. Some of our readers may recall our very first tag of this play back in January, around which time we observed the stock trading at a subpenny low of .0041.

By early February, less than a month later, EAPH shot up to a high of .0989 (+2300%) easily making it one of our top ten calls so far in 2014.

Since that huge run, there have been quite a few swings to follow, but the overall trend was toward consolidation, which over the past few months brought EAPH back to Earth. The stock bounced off of a low of .011 on 06/25, and over the past several sessions, has begun to recover some ground. Yesterday in particular brought EAPH close to the .02-mark, falling just shy with a high-of-day of .0197.

We’ll be paying closer attention to EAPH in sessions to come now that it has bounced off of support and is attempting to make up some of the ground lost in recent months. Key resistance is around the .021 level.

It’s just one of the marijuana-relatedstocks that began to feel a surge of life this week, as we suggested might happen in Tuesday morning’s report. Washington State’s legal sales will effectively begin next week, when the Liquor Control Board expects to issue the first retail licenses.

American Apparel, Inc. APP

APP, a stock that we have turned to for reliable profits year after year, has done exactly as we suggested when we brought it back to our reports on April 15th, noting that we were heading into the time of year when APP traditionally provides well for us; the stock was trading at a low of .47 around that time.

APP ran to more than .70 later that month, began to taper back into the .50-range and recently, on June 27th, the stock surged to hit a high of a dollar even, marking an overall move of 112%

As the stock consolidates off of that major spike, we will be watching for support, and the chance for possible bounceplay opportunities. The previous resistance area from .78-.82 is where we’ll be looking for support to hold. As the holiday retail season approaches, we will keep a continuous watch over APP.

Extended Watchlist:
DRL, ATNY, RAD, TRTC

Blue Horseshoe Stocks: OTHM Report

Oriens Travel & Hotel Management Corp. OTHM

This morning’s report is going to be on OTHM, a super sub-penny stock with an unusual amount of substance for a play trading in this price range. It’s been a little while since we looked at something in the high risk/high reward arena, and this could be just the chart we were looking for, but first let’s take a minute to familiarize ourselves with the company.

Oriens Travel & Hotel Management started out its operations in Costa Rica, and by 2008 had acquired over a dozen properties in Central America which it maintained under its Hotel PURE brand. Over the next several years, the company built that number up include more than 50 hospitality properties around the world, though the bulk are located in the US and Central America.

In 2012, Oriens established and implemented Friendly Reservation Online, a proprietary online booking and payment processing system which increased profits and efficiency across their entire portfolio.

Most recently, the company has moved to acquire a beachfront property in Jaco Beach, Costa Rica in a rapidly developing tourist area with many other development projects underway in the vicinity. While it is only in the LOI stage at this point, a 4.5% cash consideration was given by Oriens to secure the deal.The five story, forty-two unit condo/hotel building has been appraised at an average value of $400,000 per unit, so there will be a significant addition to the company’s books upon completion of the deal.

You can find the details of this and other recent happenings in the following PR’s, all released within the last ten days:

Oriens Evaluates Property Appraisals; $400k Avg. Price per Unit (Fri, Jun 27)
Oriens Executes LOI With Seller; Transaction Consummated With Cash Consideration (Wed, Jun 25)
Oriens Back on Track to Establish Multi-Million Dollar Hotelier/Booking Brand (Mon, Jun 23)

Also refer to this morning’s news, which among other things, includes a Shareholder Update, and outlines the commencement of a share reduction program by the company, which is always a good thing.

Oriens Provides Significant Updates: Share Reduction Program to Be Initiated Today; Auditor Named & More (Wed 7:59AM EDT)

As far as the OTHM chart is concerned, we feel that the potential is definitely there. Trading in the triple-zero range, we’ve seen stocks explode for huge percentage gains over just a short time period, so the potential for rapid profits is certainly there with shares purchased in the current range between .0004-.0006.

The stock traded above .0015 earlier this year, so we already know it has the ability to run. If OTHM can break resistance at .0007, the gains from current levels could be quite large.

We also took a minute to draw up a video chart on OTHM as well:

Website: www.orienscorp.com

Blue Horseshoe Stocks: PMCM Update

Primco Management, Inc. PMCM

PMCM has appeared in our reports a few times in the past, and from the current setup of the chart, we thought it would be a good time to take another look.

The stock is coming off of a recent bottom of .0013, and life is being breathed back into it, as it has started to run this week, yesterday reaching .0022 into the close. That figure also coincides with the stock’s 50DMA, so ideally we’d like to see the resistance there broken. In order for us to remain interested in PMCM we’d like to see it hold support above the 200DMA of .0016.

As you can see on the chart itself, we have bullish signals on both the RSI which is pushing toward the powerzone, and the diverging MACD. The stock was trading above .06 just a few months ago, so we’re still trading relatively close to the bottom.

PMCM is also a marijuana related stock; earlier this year, the company announced it had plans to build two 30,000 square foot production facilities in Washington State, where legal sales have been slated to begin this month. If the bull rush caused by the start of sales in Colorado is any indicator, we could be in for a second surge of public interest in cannabis stocks in the very near future, as we’ve been reminding our readers quite often.

Thus, in coming weeks we will be paying closer attention to PCMC, and indeed all of the pot stocks we’ve been continuously tracking for a long time, so expect to see further updates in this and other plays in the sector.

Blue Horseshoe Stocks: ACGX Presenting @ WeedStock Conference Today

Alliance Creative Group, Inc. ACGX

We thought this morning would be a good time to touch upon ACGX again; for those readers that may be new to our reports, this printing and packaging stock has made repeat appearances in our newsletters dating back to 2012, and most recently, provided us with significant chances to profit.

We tracked ACGX over a 100% move back in April when the stock traded from .0055-.011, and followed as it came back to find support at the .0035-level the following month. From there, we saw another solid run up to a subsequent high of .0064, good for up to 82% in gains. Over the past several sessions the stock came back to bounce off of support at .0039, and on Thursday and Friday last week it began to move once again, back to the .005’s, so we want to keep an eye on ACGX as this new trading week kicks off.

As you can see on the chart below, ACGX has just seen the beginnings of another bullish trend. The primary area of resistance rests in the channel from the 50DMA (.0057) to the previous swing high of .0064. A break past that point, and we could really be looking at some serious gains.

As many of you already know, the 1st Annual WeedStock Cannabis Investor Conference is currently underway in Denver, CO, and ACGX will be making a presentation this morning (@10:45am in Classroom B). We’ll be anxious to see what the company may report in the near future on its experience at the show, and of course, we have representatives at the show as well, so we’ll be sure to relay our first-hand account of the event to everyone!

Blue Horseshoe Stocks: 1st Annual WeedStock Conference Just Days Away!

Cannabis Industry Alert!

Time is running out for anyone who wishes to attend a huge event for the continually expanding cannabis sector! The start of the show is just days away!

Whether you trade marijuana stocks, are directly involved in the industry, or are simply interested in learning more and making valuable connections, this is the show for you. We’ve made a killing on cannabis stocks this year, and are so excited about where the industry is headed, we had to grab tickets to this landmark event.

In fact, if you’d like to set up a meet-and-greet with us at the show, just email your contact information to info@bluehorseshoestocks.com, and we’ll be sure to get in touch with you right away!

You’ll need your tickets first, and as a special bonus, you can input the coupon code PENGUIN at checkout and get $149 knocked off the bill! Get over to www.weedstockconference.com to learn more and register right away.

We dont know exactly how many tickets are left, but we do know that the supply is very limited, so if you’re going to be in Denver this week, or can get there, be sure not to miss out on this epic event.

Twitter, Inc. TWTR -Options

Just to update our readers on a focal point from throughout the week; TWTR Option Calls continued to provide us with chances to gain on Thursday, as the stock made a significant move from the 39.80’s up to 42.00.

If TWTR can manage another bullish move today, we’d expect action in the $41-42 Calls to get rather interesting. The premarket has the stock trading just below $41, so we’ll need to keep our head on a swivel and gauge the trend as trading commences.