Blue Horseshoe Stocks

Wednesday Afternoon Updates

Abby, Inc. ABBY

This morning, ABBY opened up at .155 as trades were going off at the offer. Following a wave of selling pressure, we unfortunately lost our key level of support, and are now monitoring for a new level of support.

We will watch closely for the selling pressure to ease off, and for the bid to solidify. This morning’s activity does not change ABBY’s status as a bottom-play trading near all-time lows. Our experience with bottom-plays in the past tells us that we need to be patient, and ready for any stir that can turn into the next big run.

Sell-offs can often cause people undue worry, so let’s not forget the exciting happenings with ABBY’s Nebraska oil field projects as outlined in this morning’s report. Any word of progress in that regard could be just the catalyst we are looking for to jumpstart ABBY off of its bottom.

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Amarantus Biosciences, Inc. AMBS

We have been talking about AMBS since November 6th. Since that time, the stock has seen a low of .017 (Dec. 3rd), and a subsequent high of .0945 today. That move marks a gain of 456%____

Southridge Enterprises, Inc. SRGE

SRGE has been a topic of discussion for us since September 6th. In that span of nearly three months, we’ve seen the stock trade in a range from .001 (Sept. 17) on up to .0194 (Nov. 26th) for a monster 1840% move. It then dipped back to .0045 before running to .015 for an added 233% rip.

With the type of news we saw out of SRGE today, we wouldnt be surprised to see it retest previous highs:

DALLAS, Dec. 26, 2012 /PRNewswire via COMTEX/ — Southridge Enterprises Inc. (PINKSHEETS: SRGE) (“Southridge” or the “Company”) is excited to announce a new Joint Partner, Kinross (NYSE: KGC), a Major listed Mining Company for its Cinco Minas and Gran Cabrera properties. Southridge’s joint partnership with Kinross, a major NYSE listed gold mining company, is valued at roughly $550,000,000 to $600,000,000. Due to numerous shareholder inquiries Southridge and its Board of Directors felt the need to update the market on its recent announcement named, “Southridge Announces Signed Agreement with Major NYSE Listed Mining Company on Cinco Minas and Gran Cabrera Gold & Silver Mines in Mexico.”

Southridge and its advisers are currently working hand in hand with Kinross to finalize the remaining documents and agreements in order to execute this new joint partnership for its Cinco Minas and Gran Cabrera properties with Kinross. Due to the size and complexity of this transaction we expect to execute this joint partnership with Kinross by Mid-January.
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Extended Watchlist:
CTIX, EPGL,PAYD, BMSN

Abby, Inc. | ABBY | Special Focus

We’re heading into the home-stretch of 2012, and after a super year of huge winners, we are ready to ring in 2013 on a high note. As promised, today we have a new interest that has been catching our attention that we will share with you now:

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Abby, Inc. ABBY

Our new pick, ABBY, strikes us as a prime bottom play, having only just hit its all-time low on Monday. We are eager to track this stock as it searches for its base, as a properly timed trade could result in some substantial gains on the bounce.

Before we talk any further about the chart, let’s take a look at the company behind it- ABBY is the first domestic oil company that we have looked at in quite awhile, and it appears to be one that is poised for rapid execution of its current strategy. The company is actively engaged in the development of oil interests in Richardson County, Nebraska, the process of which is being aided by its partner, Black Star 231 Corp.

One of the key aspects that has our expectations running so high, is the fact that initial findings, along with historical record of the region suggest that the land optioned by Abby could contain several million barrels of crude. Adjacent plots have produced such amounts, and if plans to develop up to 30 producing oil wells on the company’s most promising project, the “State Line Prospect” hold up, the benefits for ABBY shareholders is apparent.

All told the State Line plot entails 2100 acres, all of which are controlled by Abby, and is named for its physical location straddling the border of Nebraska and Kansas. Evidence that oil is trapped in the sandstone formations that lay beneath the State Line Prospect is found in 3 wells drilled on the flank of the prospecting zone, as well as being alluded to in preliminary geological assessments.

Immediate plans call for two initial wells to be drilled this January, with estimates on expansion to the full 30-well capacity coming within the ensuing 11 months. However, the company expects to recoup the costs of the first 10 wells inside of 8 months, thus the remaining 20 will be built out from the resultant cash flow.

When it comes down to it, we simply can’t afford to turn our attention away from ABBY as the company follows through on its promising ventures. We will be glued to the news wire for further updates, all the while monitoring this bottom play for any signs of an impending run.

On the chart, we can see an RSI that is recently coming off of being heavily oversold, as well as a converging MACD indicator. We can also see the blue bars on the histogram appearing to be gearing up for crossover to the bullish side. Couple that with a PPS on par with the all-time low acting as its support level, and it would seem that now is a really good time to take a close look at ABBY.

Here are some links to a couple of ABBY charts: 60min, 1-day.

We’ve also taken the liberty of preparing a video chart for your viewing convenience. Click Below.

RXAC & Extended Watchlist

We hope everyone enjoys the second half of this short day and tomorrow’s day off from the markets, no matter what your background, or how you celebrate the season. Year’s end is always a reflective time, when we sit and ponder both the year past and the one to come, and get a chance to recharge our batteries. However, before we settle in for a long winter’s nap, let us take the time to congratulate ourselves for squeezing in yet another big winner to Friday’s watchlist.

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Resource Exchange of America Corp RXAC

We included RXAC in Friday’s watchlist after noticing that the company was reactivated by Florida’s secretary of state office per a filing dated Dec.19th.

After opening at .006, the stock touched a low of .0042 before running hard into the close and finishing out the day at the HOD of .0099 for a intraday gain of 136% It was the largest gainer from an Extended Watchlist that included 5 out of 6 stocks that posted gains on the day. AAPL was the one exception, however it appears that it wants to gap up and go green as well today.

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This is the time of year when lots of folks are selling out of their positions to take a tax loss, which creates great opportunities for bottom-feeders. We will on the lookout for bounce plays, and any other opportunities that may come our way. We will be releasing a new pick on Wednesday that fits into the ‘bottom-bouncer’ category, so be sure to tune back in immediately following the holiday, when we will be ready to ring in the New Year with a bang.

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Extended Watchlist:
DEJ, DYNT, GPL, SRGE, HLNT, AMBS

Happy Holidays From Blue Horseshoe

We’d like to wish everyone a happy holiday, first and foremost, however you celebrate the season. We’ve been on a hot streak recently, so we urge everyone to stay with us through the last week of 2012 as we begin the new year on a good foot.

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MediSwipe, Inc. MWIP

MWIP recently provided us with a huge opportunity; following our first mention of the stock back in October, we witnessed a run from a low of .0024 all the way up .0199, as pointed out on the chart below. At its peak, a run that could have yielded gains of almost 730%.

It is currently holding above a penny, and we’d like to see it continue to do so into 2013.

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Extended Watchlist:
ECOB, RXAC, HALO, APPY, CEMI, AAPL

KWBT, SNTL, & Extended Watchlist

Kiwa Bio-Tech Products Group Corp. KWBT

KWBT proved to be good for a quick flip right out of the starting gate following yesterday’s alert. Trading as low as .0025 in the first ten minutes, the stock pressed as high as .038 by 11:30, marking a gain of as much as 52% in just the first two hours of the session. It went on to make a couple of other bounces throughout the day, one from .0024-.0031 (29%), and another from .0021 to .0026 (24%).

In total, on the day of our first mention of KWBT, there was a chance to compound profits in excess of 105%. Not too bad at all for our first day of coverage, granted the fact that many of our picks can take days or even weeks to offer up chances for gains of that magnitude.

What we have above on the chart, is a descending wedge pattern, which can foreshadow a big run, provided the stock breaks through key resistance at the 20DMA of .0028 and the 50DMA of .0031.

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Syncronys International, Inc. SNTL

SNTL is looking like it is building toward a strong start to 2013, with a Golden Cross of the 20DMA over the 200DMA in progress on the chart, and the stock continually making higher lows and higher highs as it stair-steps its way up. We’ve also observed a drastic volume increase this week, as new investors accumulate at higher levels.

Apart from the ripening chart below, take notice of the press release from Tuesday, as the company announces its expansion with a new subsidiary that will be focused on the sales and distribution of its renewable energy generation equipment.

Syncronys International, Inc. announces formation of a wholly owned subsidiary Lectric, Inc. a Nevada corporation.
MANDEVILLE, La., Dec. 18, 2012 /PRNewswire via COMTEX/ — Syncronys International (PINKSHEETS: SNTL)

The Company is pleased to provide shareholders with a yearend update as well as outline certain goals for 2013.

“2012 has been a great year for Syncronys and our shareholders as we have successfully made the transition from a private to a public company,” said CEO Rex Gay. “In a move to further our development of renewable energy generating equipment, I am pleased to announce the formation of a wholly owned subsidiary, Lectric Power.”

Lectric Power will be focused on sales, distribution and installation of a wide range of green energy products and applications. These will include Micro Utility, Micro Grid, and Smart Grid both domestically and internationally. Additionally Lectric Power will sell and distribute power generation equipment for use in commercial, home and agricultural applications and solutions.

http://www.syncronysinternational.com/

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Extended Watchlist:
AZFL, OGNG, DSCR, DYNT, AMPL, ROMA, RAD