Blue Horseshoe Stocks

IWEB | IceWEB, Inc. | News & Update

IceWEB, Inc. IWEB

Our most recent mention of IWEB, a stock we’ve been following since July, came on October 1st. Subsequent to that alert, the stock was trading at a low of .0193, before hitting a high of .03, a gain of 55% It seems every time we’ve released a report containing IWEB, it has responded with good performances. Prior to the October alert, we observed a 21% move from .028-.034 in September. Then of course, we had our initial alert of IWEB which saw the stock carry from .022 up to .0355, as well as a slew of bounce opportunities that followed (From .023-.04, and then again from .026-.042).

There are no two ways about it- IWEB has certainly provided us with a continual string of chances for quick-strike profits. This morning, we are once again turning our attention to the company, which has announced the inking of a contract which represents a huge new account for IWEB and its “Computers & Telecom of Kansas City” subsidiary. The following PR outlines the details of said agreement, under which IWEB will provide fiber services, managed routers, backup servers and storage, and “never fail” business continuity automation:

STERLING, Va.–(BUSINESS WIRE)–IceWEB, Inc. (IWEB) announced today that its subsidiary, Computers & Telecom of Kansas City (“CTC”) has signed an Enterprise Class Business Continuation services agreement with Block Real Estate Services LLC. (“BRES”) which represents the largest Cloud services recurring revenue account in the history CTC.

“Block Information Technologies (a division of BRES) is responsible for all the technology and connectivity to BRES’ 22 million square feet of real estate under management in the Kansas City area,” said Rob Howe, CEO of IceWEB. “BRES has been a long-time customer of CTC’s, but this represents a quantum step forward in our business relationship in that it includes not only a private Layer-2 fiber connection (private network), but also hosting and additional wireless services. This is a true Enterprise Class Business Continuation implementation that is a key part of Block Information Technologies’ far reaching strategy.” >>FULL STORY

We are returning to IWEB at a good time, with regard to the chart. After undergoing a consolidation, the stock is now coming off of a bottom, where it found support in the .02-area. Conditions appear to be ripening, as the MACD is pinching together getting ready for a cross, as well as the RSI coming off of being oversold. Current resistance sits at the 50DMA (.029) and the 200DMA (.034). We’ve provided a video presentation of the chart for your convenience:

More Info @
www.iceweb.com

Fab Universal Corp. FU

FU was an outstanding call off of our extended watchlist yesterday that yielded substantial gains, having traded as low as 5.46 and hitting a high-of-day at 7.00, before closing with strength at 6.95.
The trading action on FU offered up the chance for as much as 28% in intraday gains.

Blue Horseshoe: PHOT & Extended Watchlist

Growlife, Inc. PHOT

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Many of our long-time subscribers know about our extensive marijuana-related stock coverage over the past year, but for those of you who are relatively new to our subscriber base, let us get you up to speed. PHOT was among a vast selection of marijuana stocks that we began tracking last October, and have followed continually since that time. Several follow-up reports would also include PHOT, as you can see with a quick tag search on our blog/newsletter archive.Over that time, we saw PHOT go from a little-known sub-penny stock, to a .12-cent hot-item stock in the portfolios of many people, including ourselves. We’ve prepared a video presentation of the PHOT chart illustrating exactly what it has achieved in the past year. Presently, we are monitoring the stock, and would like to see support hold in the .05-.06 range. The main areas of resistance with which it must contend are sitting at .08, .11 & .12.

We are bringing PHOT back into the conversation today, as the company has released some new press this morning that we wanted to share:

WOODLAND HILLS, Calif., Oct. 14, 2013 /PRNewswire via COMTEX/ — GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry including online and brick and mortar hydroponic stores, OEM grow equipment, commercial grow-op support, and media, is pleased to announce that the Company is expanding its products and services to include the GrowLife Infrastructure Funding & Technology program (GIFT) for select customers in Colorado and Washington. The program is expected to include several other states before the end of the fiscal year. >>>FULL STORY

Facebook, Inc. FB – Options
On Friday, we stated the possibility that we could “see FB return to the $50-level or higher, which would likely cause those (10/11 $49 Call) contracts to yield multi-bag gains.” While FB stock fell just short of that mark, touching a daily high of 49.87, the triple-digit profits we had anticipated did in fact come to fruition. Those Calls initially traded in a range from .35-.93, a 166% intraday move. Following that occurrence, they would pull all the way back to the .02-mark, before a late-afternoon surge brought them back to .14, another intraday move, this time good for the opportunity to rake in up to a 600% added profit.

Congratulations to anyone who was able to use those monstrous swings to their advantage.

Extended Watchlist:

GOGO, FU, PLX, OIBR, NG, STSI

ACYD, FB Options, TWGP & Extended Watchlist

American Community Development Group, Inc. ACYD

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ACYD played out the dip-and-rip scenario that we anticipated yesterday to the letter. The stock pulled back to a low of .031, before recovering ground on up to .049, marking the chance at up to 58% in intraday gains.

The performance was solid enough to land us atop the Penny Stock Rumble as yesterday’s #1 Stock Pick.

We easily spotted the opportunity in ACYD yesterday, and we’re taking a similar view of the stock today. It is making higher highs and higher lows on significant volume, and we will remain interested as long as that trend continues. Keep in mind, trading with a tight stop-loss is the prudent course of action on a play like this, where the stock has already exhibited greater-than-average volatility.

Facebook, Inc. FB -Options
We saw a dip-and-rip from FB after a gap-up yesterday. The stock has been on the rebound this week, and we are looking for similar action today. In that event, we would expect the 10/11 $49 Calls to also undergo a dip-and-rip scenario. It seems a real possibility to see FB return to the $50-level or higher, which would likely cause those contracts to yield multi-bag gains. They closed at .54 yesterday, and are in the process of gapping up in pre-market trading this morning, putting us on alert for another potentially-fruitful session to close out the week.

Tower Group International, Ltd. TWGP

Earlier this week, we were looking for TWGP to make a dead-cat bounce as the stock was tanking. This morning the stock is gapping-up so we could now be witnessing what could be an opportunity-laden recovery. There is a large gap to fill on the chart to the 7.00-range. Covering even half of that gap would have us looking at sizable profits from current levels.

Extended Watchlist:

FREE, WTAR, OCLR, VVUS, ASFI, ETRM

ACYD, PROP & Extended Watchlist

American Community Development Group, Inc. ACYD

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ACYD appears on our radar today as a full-bore breakout play, having increased over 3800% in less than a month. In June we tagged this stock as one to watch, and then again on 09/23. This illustrates why it is of vital importance to stay tuned to not only our daily focal points, but our extended watchlists as well.

At this point, ACYD has burst into the stratosphere, making entry from these levels extremely risky, if not inadvisable. We are not in the business of chasing extreme runners like this one, so what we’re going to do is monitor this play for a pullback and subsequent bounce.

It wouldn’t be the first time we’ve reaped profits from a stock in the same situation, if you recall BRND as an example. Over the summer, we timed the pullback after a series of tweets by Dennis Rodman caused the stock to spike violently over a very short period. On the heels of a gain in excess of more than 700%, that play afforded us a chance at over 80% on the dip-and-rip from .0077-.014.

Propell Technologies Group, Inc. PROP
Another extended watchlist play, yesterday we placed PROP on watch after noticing it had broken its 50DMA in recent sessions. It turned in a solid intraday performance to the tune of 20%, having traded as low as .44 before hitting a high of .527, and closing strong at .52.

The next key resistance resides at .56, coinciding with the current 200DMA. Just a heads-up: Failure to breach that hurdle at .56 would likely give way to a pullback.

Extended Watchlist:

FREE, SVFC, LQMT, CHTP, DRWI

EWSI, CELGZ & Extended Watchlist

E-Waste Systems, Inc. EWSI

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We talked about EWSI on Friday, at which time it was trading at a low of .043, and have monitored the stock throughout this week. Yesterday, we saw a high of .0519, marking a 21% move off of the bottom. We wanted to see EWSI hold above its 50DMA (.045), and it has thus far managed to do so. Looking forward, we’d like to see the stock continue to hold above that level.

The company had some news out yesterday regarding plans for the opening of the largest e-waste facility in India:

LONDON, UNITED KINGDOM, Oct 08, 2013 (Marketwired via COMTEX) — E-Waste Systems, Inc. (OTCQB: EWSI) (‘EWSI’ or the “Company”), an electronic waste management services, technology and reverse logistics company and the first public pure eWaste company, announced today that it has signed an MOU with Cerebra Integrated Technologies Limited (‘Cerebra’), a publicly traded company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Cerebra, based in Bangalore, India is India’s leading total IT Solutions provider. The agreement calls for the creation, in Bangalore, of the largest E-Waste facility in India, using EWSI’s ePlant1000(TM) technology. The facility is expected to achieve at least 98% recovery of recyclable materials. An investment via a share exchange between the partners is also expected to form part of the relationship.

Celgene Corp. CELGZ
We were watching CELGZ yesterday due to abnormal pre-market activity, for the possibility of quick gains, and that’s just what we got. The stock, after touching a low of 1.39 rumbled upward to as much as 2.70, a 94% intraday gain. This came on roughly 33X the 3mo. average volume.

With that kind of momentum, it appears as if CELGZ’s success could spill over into today’s session, so we’ll want to keep this one high on our watchlists.

Extended Watchlist:

ABIO, INO, AA, GOGO, PROP