Blue Horseshoe Stocks: APP, BLDP & Extended Watchlist

American Apparel, Inc. APP

APP has continued to please us with its performance at every turn since we brought it back to our reports on Tuesday of last week at a low of .47.

We saw it run 47% to .6895 on Wednesday, and yesterday, after tagging the play once again, it pushed it limits further, making an intraday move of 24% from its daily low of .66 up to .8157.

So, in only eight sessions since we turned our attention back to APP, it has achieved an overall increase of as much as 74% (.47-.8157). Cheers go out to anyone who pounced on the opportunities provided by APP this week.


Ballard Power Systems, Inc. BLDP

For over a year we’ve been tracking BLDP, and have seen some impressive trading action in that time. The stock traveled from under 1.30 toward the end of 2013, and ran as high as 8.38 in March.

After a consolidation period, wherein the stock has come down to find support at 3.41, we are beginning to like the lok of the chart once again.

Yesterday’s high of 4.13 was just shy of the 50DMA (4.14), and BLDP is now trading above the 50DMA in the pre-market. Additionally, the MACD indicator is presently coverging toward a bullish cross.

VANCOUVER, April 24, 2014 /PRNewswire/ – Ballard Power Systems (BLDP)(BLD.TO) today announced that it has acquired the transportation- and stationary-related fuel cell intellectual property (IP) assets of United Technologies Corporation (“UTC”, NYSE: UTX). These assets consist of approximately 800 patents and patent applications, as well as patent licenses, invention disclosures and know-how primarily related to Proton Exchange Membrane (PEM) fuel cell technology. >>> FULL PR


Extended Watchlist:
VDSI, TAST, HILL, OREX, LSCC, GBGM(Watching for bottom)

Blue Horseshoe Stocks: APP, ZGNX & Extended Watchlist

American Apparel, Inc. APP

April 15th was the day we brought APP back into the conversation, because if you recall, this is one of our old-time favorites that we turn to around the same time every year for the predictability of its seasonal trading patterns.

Right off the bat, APP did not disappoint- that day we saw a low of .47, and on Tuesday, the stock reached as high as .6895, marking a positive move on the chart of 47% in only a week.

After the resistance at the 50DMA (.68) the next hurdles come at .80, .91, and 1.05. We’ll be continuously monitoring this play over the next several months as it tends to ramp up in price over the course of the summer heading into the height of the retail season.


Zogenix, Inc. ZGNX

ZGNX is a stock that is catching our eye due to the current setup of the chart. If you track back to November, you can see that the stock ran from its current levels to more than 5.00 by February.

We are looking at it now, as it is coming off of a recent bottom, and is gapping up this morning in pre-market activity (Currently trading over $3.00). The RSI is in a general uptrend, and a quick look at the MACD reveals an extremely bullish divergence on the heels of a recent cross.

We just want to throw ZGNX up on our radars at this point, because a return to February highs would mean potential gains approaching 70% from current levels.


Extended Watchlist:
INFN, ZGNX, CLSN, KOOL, IBIO,

Blue Horseshoe Stocks: GBGM Report

Global Gaming Network, Inc. GBGM

As promised, we have a new interest today, and it’s Global Gaming Network, Inc. (GBGM). The company is self-billed as a developer, distributor and aggregator of businesses operating in the mobile and online content and distribution industries, with a focus on entertainment and sports.

It’s been awhile since we turned our attention to the mobile gaming market space, and the sector continues to grow in popularity. Smartphone use and mobile gaming has become ubiquitous in the daily lives of people all around the world, and has permeated virtually every demographic.

GBGM is the proprietor of SportsAlert.com, which is one of the leading providers of mobile score data independent of the major sports networks themselves. People can sign up to receive score updates via text from any of the four major pro sports in the U.S. (NFL, NHL, MLB, NBA), in addition to College Basketball, Football, and even Baseball.

The service is free, and for those who aren’t always on the go, SportsAlert also has an optional Windows gadget, and a Facebook application, which we think is a cool feature.

Perhaps the most unique aspect of SportsAlert is the ability to obtain on-demand score updates by texting the league and team name. For example, a user can text “nfl vikings”, and receive an instant update on the score of the Minnesota Vikings game, and so on for any sport or team.

SportsAlert.com is just one of the irons that GBGM has in the fire; Last month, the company successfully launched a fantasy-style game that took advantage of the rising popularity of the NCAA March Madness college basketball tournament, and the fact that people enjoy creating their own brackets in an attempt to pick the winners. >> Read the Release

Powered by Loodo’s entertainment-based customer engagement app, GBGM launched the Amped Fantasy NCAA Men’s Basketball Tournament Game in more than 200 bars across the country. We’ll be anxious to see what other games and apps the company might roll out in the future.

Also drawing our interest is the current set-up of the GBGM chart:

As you can see on the annotated chart we prepared, the RSI is currently indicating that GBGM coming off of being oversold. You can also see the notable moves the stock has made recently, including one that spanned from August to December, and covered an increase of 1880%

It’s just coming off of finding support at .0014 in its most recent swing cycle, and the MACD is currently crossing to the bullish side, so we could be coming across GBGM at just the right time to allow us to get in on the next upswing.

For more information, you can view this Video Profile of GBGM we commissioned, as well as following the links below.


Relevant Links:
SportsAlert.com
AmpedFantasy.com
GlobalGamingNetwork.net

Blue Horseshoe Stocks: ACGX Hits New High & Special Reminder

Alliance Creative Group, Inc. ACGX

Despite the fact that ACGX has been appearing continuously in our daily reports since we brought it to readers at a low of .0055 last Wednesday, April 16th,we’re fairly certain that no one is getting tired of hearing about it.
We certainly aren’t tired of reaping the rewards of what has been an extremely productive stock over the past few sessions. Prior to yesterday, we had seen the big 91% run from the low up to .0105 ( *Please excuse our error in yesterday’s report where we accidentally published .105 as the high), as well as some rapid swings and chances for dip-and-rip style plays that added up to a cumulative total of 59% on Thursday.
Yesterday, after coming down to trade at a low of .0091, ACGX ran 21% intraday, once again busting through the penny barrier and touching a new high for us, peaking at .011, an even 100% increase from the low of just three sessions ago.

Congratulations are again in order for anyone who has been following ACGX to substantial and repeated gains. The saving grace with this rare OTC gem is the fact that it boasts solid fundamentals, as your own personal due diligence will certainly confirm.

We’ll continue to keep everyone updated on this stock, which has turned into one of our most exciting and rewarding plays this year outside of the cannabis sector.

Link to Yesterday’s PR: Alliance Creative Group (ACGX) Surpasses $3,200,000 in Revenue and Over $275,000 in Net Income for Q1 2014 (Apr 21)

ACGX Wesbite: www.alliancecreativegroup.com


American Apparel, Inc. APP

We re-introduced APP to our reports on April 15th, as “more of a long-term watchlist item that we like to continuously monitor for opportunities over extended periods of time.”

The stock was trading sideways off of support at its bottom at the time, and has since begun to come up to fill the gaps that we pointed out on the chart that day.

APP is currently trading up 5% pre-market, at .56, and if it can fill the gap all the way to .58 and surpass it, the next key resistance point comes at .60.

So we just wanted to reiterate our interest in APP as it recovers off of its bottom and we head into the summer months, which serve as a precursor to the busy retail season.


SPECIAL REMINDER:

We’ve got another new pick coming tomorrow morning, so make sure to monitor your inbox pre-market, or stop by the Blue Horseshoe Stocks blog just prior to the opening bell so you don’t miss out!


Extended Watchlist:
MTG, RSH, CTIC, NEPT, CTIC

Blue Horseshoe Stocks: Updates on ACGX & AVOP

Alliance Creative Group, Inc. ACGX

As you know, ACGX brought us an excellent chance at gains of up to 91% following our initial alert on Wednesday, (trading in a range from .0055-.0105) and the stock continued to provide opportunities as we closed out the short week on Thursday.

It traded with increased volatility compared to the previous session, but the chances to profit for the quick-witted trader were present. The chart below shows how one could have taken advantage of the swings and flipped ACGX for cumulative gains adding up to 59%

Thursday’s Major Swings:
.0084- .0099 (18%)
.0078 -.0089 (14%)
.008-.0088 (10%)
.0076-.0089 (17%)

We pointed out on Thursday that we wanted to see support hold above .0069, and that’s still true as we kick off a new week. We also want to focus on a PR released by Alliance just a few minutes ago:


Net Income Increased Over 150% in Q1 ’14 Compared to Q1 ’13

CHICAGO, IL, Apr 21, 2014 (Marketwired via COMTEX) — Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce it has surpassed $3,200,000 in revenue and over $275,000 in Net Income for the first Quarter of 2014 ending March 31, 2014.

The 2014 First Quarter numbers, ending March 31, 2014, represent an increase of about 30% in revenue and an increase of more than 150% in Net Income compared to the first quarter of 2013. The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements will be completed and posted on the OTC Market Company website at www.OTCmarkets.com under the stock symbol ACGX under the section for filings and disclosure around the 2nd week of May, 2014. >> FULL PR

______________

BARCHART.COM is currently rating ACGX an “88% Buy” Overall


AV1 Group, Inc. AVOP

While our coverage of the cannabis sector spans back to 2012, and covers a vast range of stocks, AVOP is one marijuana play that we only just recently added to our ongoing watchlist.

After it popped up on a routine scan for interesting news, we tagged it in our report dated  Tuesday, April 8th, and were duly rewarded for our efforts as we witnessed a subsequent run from  .0006 to .0018 (+200%).

AVOP pushed to a high of .0023 on Wednesday (overall move of 283% in roughly a week), and on Thursday after having come down to .0015, ran once again as high as .0021.(+40%)

The relaxation of the cannabis sector is undeniable, but stocks like AVOP have shown us that the opportunities are still out there.


Extended Watchlist:
PBR, AMD, PLUG, BLDP, FCEL, CBEY, RNA, WYY

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