Blue Horseshoe Stocks

BUCS, EXTO | Today’s Stock Watchlist

Business Continuity Solutions Inc. BUCS

We called the bottom on BUCS on the 16th, at which time, the stock was trading around a low of .025. We saw a new high of .035 yesterday, for a gain of 40% from our initial mention.

We are still confident in the stock performing well from these levels. We of course would like to see the stock make both higher highs and lows, reaffirming its bullish status.
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Exit Only, Inc. EXTO

For those of you wondering why we continue to cover EXTO week in and week out for month upon months, we have drawn up a chart that illustrates our reasoning. This bouncy stock has created a flipper’s paradise, complete with predictable swings which are fit snugly into a substantially-pronounced uptrend.

From where it now stands, it doesn’t look like we are too many cycles away from testing previous highs reached this past summer at .0129. As if its predictable patterns didnt give enough of an indication, we are also seeing MACD and RSI states which are highly indicative of a continued uptrend in the short term.

VHGI, GRDO, EXTO | Today’s Stock Watchlist

Guard Dog, Inc. GRDO

As we stated yesterday, GRDO has a key resistance point at .0012, and it did bump into it before closing out the day flat at .0011.

It has performed well in the past for us, which is why you continue to see it on our watchlist. Accumulation/Distribution has been steadily rising since the the 13th, as you can see on this chart. In addition, the parabolic SAR is in an uptrend, not to mention the fact that the 50dma is rising toward the 200dma, heading for a Golden Cross.

GDRO is currently receiving a “Strong Buy” rating from BARCHART.com

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VHGI Holdings, Inc. VHGI

We first called VHGI on December 9th, it was as low as .21, a fraction of today’s price (.70). The stock has been as high .749 (+257%), before undergoing a consolidation. The stock is now trading in a narrow channel between the mid-.50’s and the .70’s.

The RSI recently bounced off of the .50 mark, and we have seen two consecutive days of modest gains. With a favorable MACD setup, we are liking the look of the chart from a long-term standpoint.

VHGI is currently receiving a “Buy” rating at BARCHART.com

This Morning’s News:

VHGI Holdings, Inc. Completes Acquisition of Lily Group Inc. and Secures $13,000,000 Debt Financing

FT. WORTH, Texas, Feb. 22, 2012 /PRNewswire via COMTEX/ — VHGI Holdings, Inc. (OTC.QB: VHGI) announced today that its wholly-owned subsidiary, VHGI Coal, Inc. has completed the acquisition of all of the stock of Lily Group, Inc., and in connection therewith, Lily Group has secured a $13,000,000 debt financing in order to refinance certain existing debt of the Company, pay vendors, pay costs of the transaction and for short-term working capital purposes.

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Exit Only, Inc. EXTO

We mentioned the tight channel in which EXTO has been trading of late, between .006-.007. Well, we once again saw a break in that pattern yesterday, with the stock running 50% intraday from .006 to .009. It closed out the day up 21%, exhibiting its ability to bounce for some nice gains.
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The RSI is indicating some room left to grow, and we are witnessing a MACD kiss, so we will be keeping EXTO in the forefront of our minds, and near the top of our tickers.
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EXTO is receiving a “Strong Buy” rating at BARCHART.com

APP, GRDO, SUNB, CRPZ, EXTO | Today’s Stock Watchlist

Sunbelt International Corp. SUNB

It seems some other groups are finally starting to catch up to the SUNB party, which is a good signal for us to start gathering our things and preparing for departure!

You have to get it where you fit in with these things, and we certainly did just that, so it is time for us to consider our exit, after enjoying a run from .165-.43 for gains topping 160%

Guard Dog, Inc. GRDO

GRDO on friday, closed with strong with some significant buying late in the day to finish up 22%.
We’ve got a new support level at .0008, and a key resistance point at .0012, and once the stock can break that point, its headed for blue skies…

The chart is looking nice as well:

We want to be around to see what happens after that occurs.

Convenience TV Inc CRPZ

We are still watching this reader pick that has done well for us recently, with the stock having gone as high as .007. We want to continue to monitor this one in the weeks ahead for added gains.

Exit Only, Inc. EXTO

EXTO has been trading in a tight channel from .006 to .007
We are monitoring for any substantial volume increases, which could cause another pop.

For those who remember, the stock was trading .0025 first mention this past July, and is still holding roughly half of the gains seen from hitting its high of .0129.

Our longtime followers will recall that EXTO made a 415% move after that first call.

American Apparel, Inc. APP

Here’s another past pick where the chart is setting up well; it looks like the MACD is ready to cross.

We called APP shortly after it hit its 52-wk low(.52), and enjoyed an unbelievable run to a dollar.

The stock is now trading around .71, so here we have yet another stock holding roughly 50% of its gains. So like EXTO, we will be watching APP closely because we know its potential.

Our Salute to TORONTO

We want to show our support for the cities that support us, so every week, we will randomly select a location from our site data, and honor that city and its residents with a special Blue Horseshoe Salute!

Share this on Facebook or Twitter, and show your support for the great city of Toronto!

BUCS, SUNB, FROI, TRIDQ, CRPZ | Today’s Stock Watchlist

Business Continuity Solutions Inc. BUCS

BUCS made higher lows and higher highs yesterday, as this recovering bottom play begins to look really tempting. There are several factors contributing to the ripeness of this play; as you can see from this video chart.

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The next key area of resistance is .03, and following that, there seems to be an awful lot of upside potential. The stock was trading from the .045 to .085 range for the better part of 2011, which is why we consider shares being traded at the current level to be undervalued.

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Sunbelt International Corp. SUNB

On Thursday, SUNB experienced the classic “Shaking of the Tree”. After a small gap-up, shares were traded as high as .40.

The inevitable profit-taking caused the stock to dip to .23, scaring off some of the more skittish investors, however, saw it close down just 5% at .36. Savvy traders who timed the bounce properly will have seen gains upwards of 50%

Tacking that on to the already-triple-digit gains leaves the impression that SUNB is aone of our top stocks for the month of February.

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Fero Industries, Inc. FROI

FROI was added to our watchlists back on Dec. 22nd, at the time, trading as low as .0075. That same day, we saw an explosion to its high of .015, for an intraday gain of 100% The close had it up 47% (.011) that day.

From a subsequent low of .0077, to Wednesday’s high of .0118 marks another 53% gained. Currently the MACD is kissing, one of our favorite indications of impending activity.

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Trident Microsystems, Inc. TRIDQ

TRIDQ has been undergoing a pullback over the past two trading sessions, as can be expected, following its run from .075, where we called the bottom.

We witnessed 325% in gains since our original alert on Jan 9th. We are going to be watching for the dust to settle, in order to time the next bounce properly.

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Convenience TV Inc. CRPZ

CRPZ is trading in an increasingly tighter channel day-by-day. We want to monitor this closely, because you never know when a sudden surge could come in (like last Friday) sending the stock soaring.