Blue Horseshoe Stocks

VPER, ECDC, GMXS & Today’s Extended Watchlist

Viper Networks, Inc. VPER

VPER has maintained a higher low for the past four trading sessions, and higher highs for three of those four.

We are looking at a very favorable chart, with the stock holding above the 50DMA yesterday, and the RSI just climbing above 50.

The 20DMA of .0038 is the next key resistance point we’ll be looking to break.

NEWS OUT:

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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East Coast Diversified Corp. ECDC

ECDC is a stock that has been rocking on the heels of our alerts.

It continued to explode on Monday, trading over 6X its 3mo. average volume. The 20DMA breached the 50DMA as well. We like the makeup of this chart.

With the type of momentum flowing through ECDC at the moment, we are hopeful to see more gains here. Should it break past a penny, there looks to be little resistance on up to .02.

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Gemini Explorations, Inc. GMXS

After hitting a new ten-cent 52-wk high yesterday, GMXS pulled back to find support at its 20DMA.

Closing down a mere 3% is nothing next to the five straight days of gains provided by this stock every day last week.

The chart is still looking strong. Building volume, accum/dist continuing to rise, and a recent MACD cross are all bullish indicators.

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Extended Watchlist:
ICPA, RENU, EMWW, IDOI

ECDC, GMXS, ICPA, SLMU & Today’s Extended Watchlist

East Coast Diversified Corp. ECDC

We first mentioned ECDC back on April 11th. At the time, we observed as the the stock rose from .0052 to .0077, for a 48% gain our first day out.

There were also occasions following that date, that the stock appeared on our Extended Watchlist on the 16th and the 19th. It was at that time that we saw a low of .0028.

On Friday, ECDC had risen back more than 110% to close one tick below the high-of-day at .0058. This clearly illustrates our purpose for creating the Extended Watchlist, and why it is so important to monitor ours daily. Times like these are when a back-burner approach suffices, and indeed pays dividends.
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Gemini Explorations, Inc. GMXS

On Friday, we mentioned that we like the look of GMXS through short, medium and long term lenses. The chart continues to look quite favorable, with last week producing a nice increase in volume. From our initial alert, Friday’s high (a new 52-wk high) represents a gain of over 50%

All indicators continue to suggest that GMXS is running with the bulls.

GMXS was upgraded to a “100% Buy Rating” on BARCHART.COM, a figure that has increased from 88% in less than a week.

New Website for GMXS: http://geminimines.com

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IC Places, Inc. ICPA

ICPA CEO Steve Samblis appeared in an exclusive interview with our friends over at Stock Traders Talk Radio on Sunday night, so if you didn’t get a chance to tune in, take a listen now by following this link.

ICPA is another stock receiving a 100% Buy Rating on BARCHART. One 100% Rating is rare, but to have two is quite impressive.

Should the 20 and 50DMA continue to climb, ICPA could see a Golden Cross in the weeks ahead. This could facilitate a run to levels previously unanticipated.

As if 3738% from our bottom call at .0008 wasn’t enough (and 1128% from our .0025 alert a bit later), we still think the stock could see additional gains.
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Salamon Group, Inc. SLMU

SLMU is an example of a ripe chart if we’ve ever seen one. The PPS is currently holding above all moving averages, as well as a stregthening RSI, and a PPO cross in effect.

Recent news has likely been something of a catalyst with regard to the strength:

LAS VEGAS, NEVADA–(Marketwire – April 30, 2012) – SALAMON GROUP, INC. (SLMU.PK – News), a leading edge green energy company, is pleased to announce that it has agreed to expand its ownership of Solar Samoa Ltd. by purchasing the balance of Solar Samoa Ltd., a Samoa-based solar energy company that possesses a pipeline of solar projects that Eco Energy and its partners have been developing. The first Solar Samoa Ltd. project is a 4.5MW project and is expected to generate total first year revenues of approximately $2.5 million US dollars. >FULL STORY

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Extended Watchlist:
RSRS, EMWW, VPER, RENU, BMSN (Big News Out)

Gemini Explorations, Inc. | GMXS & Today’s Extended Watchlist

Gemini Explorations, Inc. GMXS

Yesterday, GMXS had another big volume session. That’s two days this week in which abnormally high volume was observed.

We saw GMXS close at its HOD yesterday, also a new 52-wk high. The chart continues to look stronger and stronger as accumulation increases.

GMXS’ 20, 50 and 200DMA are all on the rise, as you can see below. In addition, the MACD is kissing and ready for a cross. We have every reason to believe that the potential for added gains exists.

GMXS has done well for us to this point, and will remain on our longer-term watchlist as well, as we see a possibility for short, medium, and long term gains.

BARCHART.COM also upgraded its opinion of GMXS from 88% to a “96% Overall Buy Rating”.

New Website for GMXS: http://geminimines.com

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Extended Watchlist:
RSRS, ICPA, VPER

ICPA, VPER, & Today’s Extended Watchlist

IC Places, Inc. ICPA

ICPA reached a new high of .0275 on Wednesday. That brings the overall figure since we first jumped on this stock at .0008, to 3338% From our most recent alert at .0025, it marked a 1000% gain.

All in all ICPA is one of our most successful plays of all time.
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Viper Networks, Inc. VPER

In the past 3 months, VPER has been known to make some wild swings. In January, the stock was trading as low as .0006; and susequently hit a high of .0084 in a shart span of two weeks. We then saw a consolidation to a low of .0013, only to shoot back up as high as .0064.

We alerted VPER as low as .0018, and in a matter of weeks, experienced a gain to .0064, a 250% move.

We see a base that has been formed now in the .0024-.0027 range, with key resistance up at .0033 (50DMA) and .004. (20DMA)

The RSI and the Slow STO are currently looking ready to bounce off of being oversold, and the PPO is showing slight convergence as it sets up for a cross.

With the kind of volatility that VPER offers, we wouldn’t be surprised to see it produce yet another multi-bag run from these levels.
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Atlas Technology Group, Inc. ATYG

ATYG is another past runner that is looking like it is ready to make another rebound after a recent consolidation. We wanted to throw this one back into the mix today for that reason.
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Extended Watchlist:
RSRS, VSHC, HBRM
(A typo occurred yesterday and RSRS appeared as ‘NSRS’, [thanks, D.J.B.])

FBCD, KERX, & Today’s Extended Watchlist

FBC Holding, Inc. FBCD

This is a play that has appeared on our newsletter many times over a long period.

We first hopped on FBCD a year ago, riding it from .015 to .11, for a monstrous gain of 633%

Toward the end of March, the stock reached a new 52-wk low, and has been bouncing ever since.

Yesterday, the stock traded record volume, and began a breakout. With all of the attention and momentum observed yesterday, we are adding it back to our watchlist, suspecting that a multi-day run could be in effect.

FBCD VIDEO CHART

Keryx Biopharmaceuticals, Inc. KERX

This is another recovery play coming off of its 52-wk lows, KERX has a hug gap to fill to the upside.

They recently announced positive results from clinincal trials in a PR on Monday. >Read More

We’ve had some luck with pharma plays in the past, and this one looks as if it is coming off of being oversaold.

KERX VIDEO CHART

Extended Watchlist:
HBRM, GMXS, NSRS