Blue Horseshoe Stocks

VPER, RENU, DOMK | Midday Updates

Viper Networks, Inc. VPER

Once again, we timed the bounce on VPER just right, with the stock hitting .0031 this morning; nearly a 100% gain from Friday’s low.

We have since seen a pullback, where a higher level of support has been found. We like the addition of this morning’s PR, and hope to see the LOI executed. We look forward to updates on that situation.

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Renuen Corp. RENU

RENU first appeared on our Extended Watchlist on April 30th, at which time the stock was trading just off its 52-wk low at .0016.

Today we saw an increase in volume on the stock, to the tune of greater than 5X its 10-day average. At its current price of .0033x.0036, it is currently up over 100% from that low.

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DoMark International, Inc. DOMK

New to our radar today, DOMK turned out to be yet another well-timed alert on our part. The stock gapped up today to open at 3.44 (from 3.16), hit a high of 4.71, dipped to find support at the 3.75 level, only to then bounce back, and is currently trading in the low-to-mid. 4.30’s.

Savvy traders could be walking away with intraday gains in excess of 50% for their efforts to properly time this play. In the meanwhile, record volume has traded, with over 3.2M shares changing hands. We most certainly want to keep this, and today’s other plays on our radar.

VPER, DOMK & Today’s Extended Watchlist

Viper Networks, Inc. VPER

It looks like our bottom call of VPER on Friday was good timing. We saw a gain of 14% yesterday,

From Friday’s low of .0016, to Monday’s 0024 close, we witnessed a quick gain of 50%

Today’s News:
DETROIT, May 8, 2012 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce that the Company has taken a significant step to enter the U.S. energy sector by signing a Letter of Intent (LOI) with Aequitas Energy, Inc., a profitable energy reseller based in Connecticut that will soon be operating in multiple deregulated northeastern states. >>> FULL STORY
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DoMark International, Inc. DOMK

DOMK is this morning’s blue-sky momentum alert. We like this company that operates in a trendy space; Solar powered iPad accesories.

There is a lot of activity surrounding this stock, so we just wanted to put it on the ol’ radar screen this morning.

Check out the website for more info.
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Extended Watchlist:
ECDC, GWBU

VPER, HBRM, ICPA, EMWW & Today’s Extended Watchlist

Viper Networks, Inc. VPER

On Friday, we mentioned that we were looking for VPER to find a bottom, which it did, at .0016. The stock closed at .0021, which was down from the previous day’s close, but still up 32% from the day’s low.
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Herborium Group, Inc. HBRM

HBRM began to start showing some strength again on Friday after the recent consolidation. The volume flowing through the stock on Friday was impressive, trading over 60M shares. With news out this morning as well, it will be interesting to see how HBRM fares.

News Out:
TEANECK, N.J., May 7, 2012 /PRNewswire/ — Herborium Group, Inc., (PINKS. HBRM) www.herborium.com, a Botanical Therapeutics® company, reports today, that preliminary 2nd quarter 2012 revenue sustained a record breaking increase of 40% for its first two months, in comparison to the same two months of 2011. This most satisfying sales growth is largely the result of an aggressive Social Media Marketing Strategy introduced by the Company in the fall of 2011. The same marketing efforts brought on 87% increase in the traffic on www.acnease.com >>> FULL STORY
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IC Places, Inc. ICPA

ICPA is another play that has undergone a bit of a consolidation recently, as was expected after the monster run it had from .0008 to .0585. (An unbelievable, incredible, astounding 7213% gain!)

For the past three sessions, ICPA has been making higher lows, leading us to believe that the consolidation is nearing its conclusion.
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Structural Enhancement Technologies Corp. EMWW

EMWW has appeared on our extended watchlist a couple of times in recent weeks, as we prepare for the company to become current on i ts filings. The company is preparing all the necessary information as outlined in this attorney letter, released Friday.

We’ll be watching the news feeds closely for updates on the situation.
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Extended Watchlist:
EVDR, RENU, GMXS

VPER | Viper Networks, Inc. & Today’s Extended Watchlist

Viper Networks, Inc. VPER

We first caught VPER back on March 13th. The stock was trading as low as .0018, and ran to .0056, 211% the very next day.

Since that time, we saw another run, after the stock pulled back to .003, and subsequently surged to .0064; so we know VPER is capable of some nice swing action.

Yesterday, we saw the stock trickle down to a new low, and as you can see on the chart, it appears to be searching out a bottom that we will attempt to time for yet another bounce-play.

Recent News:
DETROIT, May 1, 2012 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce the appointment of Mr. David Alpert of Prestige Business Management, Inc. of Nevada, to supervise and complete the last two fiscal years of the Company’s financials ended December 31, 2011.>>> FULL STORY

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Extended Watchlist:
ICPA, ECDC, EVDR, MSLP, RENU, CYNX,

MSLP | Muscle Pharm Corp. & Today’s Extended Watchlist

Muscle Pharm Corp MSLP

It has been a while since we first jumped on MSLP. Our maiden alert came on March 20th. Following that point, the stock was as low as .012, and we witnessed a run as high as .0375 by April 2nd. After that 213% run, the stock pulled back to find support off of the 50DMA around a penny-and-a-half. A bounce from .0147 to .0305 was yielded by MSLP from there. Following that, it established a new low at .017, from which point we arrived at a high of .0228.

There have been a few good PR’s recently, including the announcement of a stock repurchase program, as well as new news out this morning:

DENVER, May 3, 2012 /PRNewswire via COMTEX/ — MusclePharm Corporation (OTCBB: MSLP), a nutritional supplement company focusing on all categories of an active lifestyle, today said that, in light of yesterday’s FDA ban on the substance DMAA, >>>Full Story

The look of the chart is ripening as well. We can clearly see the 50DMA rising toward the 200DMA and heading for a potential golden cross, as well as the MACD converging, with the histogram bars therein looking like they may soon want to flip up topside. All in all, it seemed like the right time to mention MSLP once again.