Blue Horseshoe Stocks

PPHM, GMXS & Extended Watchlist

Peregrine Pharmaceuticals, Inc. PPHM

PPHM first began appearing in our watchlist in mid-August, and is one of those stocks that has been very good to us. We tracked it as it ran from 2.30-3.09, after which time it pulled back to 1.76, before skyrocketing as high as 5.50.For the past seven trading sessions, the stock has maintained higher lows, and seen higher highs. Yesterday, we saw a nice breakout from the .90-range before closing out at 1.14, just a nickel shy of the high of day. It broke the 200DMA (1.15), and is now approaching other key areas of resistance- the 50DMA of 1.29, followed by the 100DMA at 1.72.

After its first big run to 5.50, the following day brought a huge gap-down, with the stock opening below a dollar, and running to 1.94. If it can break past the resistance it currently faces, there is a large gap to fill between 1.94 and the 5.00-range, so we definitely want to continue to monitor PPHM.

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Gemini Explorations, Inc. GMXS

GMXS continued to maintain higher highs and higher lows yesterday, as the recent surge has turned to a steady climb. A decrease in volatility can certainly make for a more sustained run.

We were pleased to see a PR released Monday containing some favorable assay results from the company’s most recent gold project located in Columbia. This was the first update activity from the company since the beginning of the summer. :

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FT. LAUDERDALE, FLORIDA, Nov 26, 2012 (MARKETWIRE via COMTEX) — Gemini Explorations Inc., (OTC PINK: GMXS) is very pleased to report the Phase One Sampling results of its wholly owned La Planada Gold Project located in the Los Andes Sotomayor Gold region of southwestern Colombia. The Gemini sampling program focused on systematic channel and chip sampling of 3 crosscutting vein sets, mixed vein and wall rock, and the host rock exposed throughout the property. As reported earlier, La Planada has excellent rock exposure allowing samples to be taken in all areas of the project. Minera Primecap Geological Services (MPGS) directed and oversaw the sampling program. The chip and channel samples were assayed at the labs of INSPECTORATE AMERICA CORPORATION (Inspectorate), Nevada, USA. MPGS prepared the following results from 71 chip and channel samples assayed by Inspectorate Job number: 07-338-00595-01 and as reported below:

The 3 principal vein samples ranged up to 117.9 g/tonne Au and averaged 15.1 g/tonne Au.

The mixed vein and wall rock samples ranged up to 10.7g/tonne Au and averaged 3.06g/tonne Au.

The host rock samples ranged up to 7.9g/tonne Au and averaged 0.88g/tonne Au.

We will need to pay close attention to the news feeds in the near future, for any updates on this promising project.

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As we pointed out earlier this week, the chart is setting up nicely, with the RSI in the power zone, and a golden cross in the making. It will be very interesting to see how the stock reacts once the 20DMA breaches the 200.

Barchart.com is currently giving GMXS a 72% “Buy Rating”.

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Extended Watchlist:
SVEN, RNN, ERBB, EDWY, GALE,

TLFX | Telefix Communications Holdings, Inc. | Tuesday’s Focus

Telefix Communications Holdings, Inc. TLFX

TLFX continued to roll following our afternoon update on the stock yesterday, touching a high of .0058 for max gains of up to 123% on the day. Any time a play affords us the opportunity to bank over 100% in one day, you can expect it to remain high on watchlist.Yesterday TLFX broke through the 100DMA of .0029, and never looked back, trading record volume to the tune of more than 55 million shares (~$232K). The last time this thing traded that type of dollar volume was back in June, when the price was between .07-.10.

According to Pinksheets, as of October, there is a mere 29 million shares in the float; a very tight structure for a sub-penny stock.

TeleFix Communications, Inc. (TeleFix) is a minority woman-owned telecommunications services company serving the wireless infrastructure development, upgrade, and repair market. With two distinctive areas of expertise, centered on cellular networks infrastructure, and Land Mobile Radio(LMR) communications, TeleFix® is poised to deliver project management, network planning, design, installation, and deployment services particularly in the 3G and 4G technologies. Specific engineering specialties are expert level RF design, testing and Microwave Engineering.

For further information about TeleFix, visit: http://www.telefixcommunications.com.

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Extended Watchlist:
MDIN, GIHI, EDWY, LGBS, MIMV

SRGE & TLFX | Afternoon Updates

We just wanted to send out a brief afternoon update to congratulate ourselves on a job well done. Both of the following plays appeared in this morning’s report, and have had significant success today.

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Southridge Enterprises, Inc. SRGE

SRGE has traded in a range from .0142-.0193, a max gain of 36% on the afternoon.

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Telefix Communications Holdings, Inc. TLFX

TLFX opened at .0026, and topped out at .0051 for possible intraday gains of 96% on record volume.

____These are just two more reasons to read our newletter; with our signature Extended Watchlist, we provide a greater variety from which opportunity often springs. We will continue to monitor these stocks to see where this momentum carries them.

GMXS, ERBB & Extended Watchlist

Gemini Explorations, Inc. GMXS

GMXS is an old-time favorite of ours, which reappeared on our extended watchlists on Friday, November 16th, after we observed the stock coming off of its bottom one day prior. Those of you who have been following us for some time may recall that this is the play we followed from .04-.10 back in March.

On the 16th, GMXS was as low as .03, and closed at the high of .04. Last week we continued to see slow and steady gains, finishing off the week at .059. As we stated in an afternoon update last Monday, we could be looking at a re-test of the previous ten-cent high.

The indicators on the chart are looking strong, with a possible golden cross in the making. The RSI is in the power zone, suggesting that recent momentum could continue.

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Tranzbyte Corp ERBB

Since we did our follow-upon our initial medical marijuana round-up report, we’ve been sure to continue to include ERBB in the stocks we are tracking. On the 31st following our alert, we saw a .0016 low before witnessing a jump to .013 (+713%). It slid back and found support above the 20DMA, bounced off of .0035 and hit a subsequent high of .007 this past Wednesday.We’ve been calling for a golden cross since the 13th, stating: “we have a golden cross formation setting up on the chart. This play will be on our watchlist for weeks to come.” The 20DMA also has a chance to break the 200DMA as predicted, possibly this week. Once we see that occur, we expect to see some major upward momentum in the stock.

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Extended Watchlist:

SRGE, SAPX, TLFX, EGCT,

American Apparel, Inc. | APP | Today’s Focus

Good morning traders, we hope everyone had a pleasant holiday. Black Friday signals the beginning of a period of heightened sales for retailers, which is why we’d like to turn our attention to an old retail favorite of ours:

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American Apparel, Inc. APP

We’d like to revisit APP, as it has been good to us in the past. From August to October the stock ran from .82 to 1.70, for gains upwards of 107%

The company recently released third quarter figures showing positive growth in many areas, perhaps most notably, a net sales increase of “15% to $162.2 million on a 20% increase in comparable store sales in the retail business.”

With a strong holiday season, the rate of growth for APP could continue to climb, along with the price of the stock. We are revisiting this stock at a relative bottom on what looks like a ripening chart.

As you can plainly on the chart above, we have an RSI that is coming off of being oversold, as well as a MACD that is in the midst of a cross. The PPO is pinching in as well, and it would appear the histogram is ready to flip up to the bullish side, making now a fine time to take a look at APP. We will be on the lookout, because if this stock can break above the 200DMA of .97, we could begin to see drastic increases.____