Blue Horseshoe Stocks

CATA | Catalyst Resource Group, Inc. | Bottom-Bouncer

Catalyst Resource Group, Inc. CATA

It’s has been a little while since we fished around for bargain stocks, so we decided to go on a bottom-play hunt this morning. So far, our search has yielded a potential play that fits the bill. CATA is trending up from its 52wk. low of .0015, having already begun to bounce.

We want to monitor the situation with CATA going forward, as it seems the stock has just recently awakened, perhaps due largely in part to a recent agreement announced by the company earlier this month, as outlined in the following PR:

LOS ANGELES, CA and VIENTIANE, LAOS, Mar 04, 2012 (MARKETWIRE via COMTEX) — Catalyst Resource Group (OTCQB: CATA) (PINKSHEETS: CATA), a company engaged in innovative processing technologies to extract gold and platinum group metals, today announced that Company has signed a Definitive Agreement to acquire an 80% equity interest of Laos Minerals Mining, Inc.’s ownership in a 68-km2 gold concession known as the San 8 and San 60 areas of the Somsanouk Village, Sanakham District, Vientiane Province, Lao People’s Democratic Republic, in exchange for cash and monetary commitments to further explore and develop this project in the near future.

Exploratory activities on these concession areas previously carried out by Newmont (www.newmont.com), BRGM (www.brgm.fr) and more recently by Kingsgate Consolidated Ltd. (www.kingsgate.com.au) in 2011 have shown potential minable gold vein deposits aggregating several hundred thousand ounces. There also would be the possibility of finding up to one million or more ounces of minable gold and large bulk of base metal deposits. At today’s gold price, the total estimated value of these concession areas could range approximately from $US510 million to $US1.7 billion.

The closing of this transaction is scheduled to occur on April 16, 2012 but no later than May 30, 2012. The Company plans to carry out additional mapping, trenching, sampling and follow-up geophysics to define drill targets and then drilling of these targets in collaboration with a select regional mining contractor or a joint-operation partner.

MSLP, IDOI | Today’s Watchlist

Muscle Pharm Corp MSLP

MSLP had a slight dip yesterday, and found support at a previous level of resistance. Volume was notably lower on the pullback than on the previous run, so we are now just watching for more volume to flow back into the stock, which could fuel the next leg up.

IDO Security, Inc. IDOI

IDOI has been holding with a higher level of support over the past three trading sessions. Yesterday’s low appears to to be the support level here. (.50)

The next resistance level should come at .529, which was the high for Wednesday.

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MSLP, GMXS & Today’s Extended Watchlist

Muscle Pharm Corp MSLP

MSLP closed down 17% on the day yesterday, while still holding much of the gains it has made over the past week.

We are still most interested in this stock; with the 20dma of .009 rising toward the 50dma of .01, a golden cross could be in the cards very soon.

We are continuing to monitor MSLP, ensuring that it holds the support it found yesterday at .0125. We are also on the lookout for the stock to make higher lows heading into the end of this week.

Gemini Explorations, Inc. GMXS

This mining play is most likely going to be on our longer-term watchlist. The stock just woke up out of nowhere, and is one that we’ll have our eye on moving forward.

As you can see on the chart below, both the 20 and 50dma have recently surpassed the 200dma, and what little increase in volume we’ve seen over the past few weeks sent the stock from .02 on up to the .07-range.

Today’s Extended Watchlist:
IDOI, ASYI

ASYI, MSLP | Midday Updates

AISYSTEMS, Inc. ASYI

It is always nice to hop on a fresh momentum play just in time to witness intraday gains topping 250%

The first hour of trading on ASYI today saw a low of .0045. Just after 10:50am eastern, the stock began stair-stepping its way up, hitting its peak at .0159 shortly before 1 o’clock.

The stock is now maintaining over 50% of those gains, having traded nearly 6x its 10-day average volume.

It appears as if the 200dma of .0206 is the next key level of resistance.

Muscle Pharm Corp MSLP

MSLP experienced a bit of a pullback today, to .0125. This is to be expected following its recent 183% move from .006-.017 in under a two-week span.

We continue to see above average volume, to the tune of nearly 30% more than normal levels, so we want to keep an eye on MSLP as new blood flows into the stock, and profit-takers flip out.

A nice bounce could be had if it continues to hold support at .0125. At present, MSLP is trading the .0145 level, which would have been good for an intraday gain of up to 16%

MSLP, DGHG & Today’s Extended Watchlist

Muscle Pharm Corp MSLP

We are looking at MSLP as a momentum play that seems about mid-way through its run.

MSLP was recently a sub-penny, that just started to see explosive gains on increasing volume over the past week.

As per the most recent press release, the company’s MMA Elite Supplement products sell in Walmart stores.

There was also a recent announcement outlining the products entry to 500 more GNC stores nationwide, over the already existing GNC’s it had in its distribution channel. All in all, it seems you can get Muscle Pharm products just about anywhere.

MSLP is currently rated a “Strong Buy” at BARCHART.COM

Diversified Global Holdings Group, Inc. DGHG

Just recently, DGHG saw a new low of .51, and we are starting to see it bounce around off of its bottom.

This play is an old favorite of ours, and we felt it was a good time to re-enter it into the conversation, as it appears undervalued at the current level, and is just coming off of being oversold.

Extended Watchlist:

IDOI

ASYI (Momentum Alert- Up significantly on high volume yesterday)