Midday Updates: GESI, MYEC

Green Energy Solution Industries, Inc. GESI

We originally mentioned GESI as a watchlist play last Thursday, after which time the stock has traded as low as .0091. After re-alerting GESI in this morning’s extended watchlist, we’ve seen a high of .026, which marks an overall gain of 186%

We just wanted to congratulate anyone who caught this alert, and was able to secure some nice profits.

GESI had news out this morning as well:

VANCOUVER, British Columbia, Apr 03, 2013 (BUSINESS WIRE) — Green Energy Solution Industries, Inc. (OTC: GESI), a project developer for a Waste-to-Energy project, in Alberta Canada, is pleased to announce to its long standing and supportive shareholders that the long sought project funding is being concluded in concert with its joint venture partner InREFco. After great effort by all involved over the last several months, GESI’s project funding has been confirmed. Under the joint venture with InREFco, there will be a revenue split of 60/40 in favor of GESI from project revenues.
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MyECheck, Inc. MYEC

Our other big winner from this week, MYEC, also had some news that we thought we’d pass along this afternoon.

EL DORADO HILLS, Calif., April 3, 2013 /PRNewswire via COMTEX/ — MyECheck, Inc. (OTC Pink: MYEC), a leading provider of electronic check payment services today announced a signed agreement with the Bank of Kentucky. This agreement enables merchants to open accounts with the bank and use MyECheck to deposit electronic checks directly into those accounts. MyECheck is now capable of providing its services to merchants wishing to accept real-time electronic payments from any US checking account.MyECheck also announced it has completed integration and testing with the Bank of Kentucky, and is now accepting new merchant applications.

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Blue Horseshoe Stocks: MYEC, VHGI, JRRD & Extended Watchlist

The following stocks have all brought us significant gains this week:

MyECheck, Inc. MYEC

Once again, our newsletters were as featured yesterday’s champion by Penny Stock Rumble for MYEC, for the second time this week. Following our alert on Monday, the stock was trading as low as .0034. The subsequent high of .0086 marks a 2-day gain of up to 156%

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VHGI Holdings, Inc. VHGI

VHGI appeared in yesterday morning’s extended watchlist, and went on to make quite a run during the ensuing trading session. From a low of .0195, the stock hit .034, representing a gain of 74%

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Journal of Radiology, Inc. JRRD

JRRD, despite closing down on the day, opened at .0011 and saw a low of .0009, before hitting a high of .0019 in the first hour of the trading session. That makes yet another impressive gain off of yesterday’s extended watchlist, of 111% That figure brings our total cumulative gains over all of our picks this week to well over 350%
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Extended Watchlist:
PHOT, STKO, GESI, LBYE

Blue Horseshoe: MYEC, GOFF & Extended Watchlist

MyECheck, Inc. MYEC

MYEC went on to have a solid performance yesterday, trading over two times its three month average volume after appearing in our morning reports. The stock dipped as low as .0034, before surging ahead to .005. That marks a potential gain of up to 62% for sharp traders.

We also noticed that the company released its annual report yesterday, which included a plethora of information, including an updated share structure:
MYEC has 3,262,470,000 common shares outstanding; of which 261,230,529 are free trading. As of yesterday, OTC Markets had MYEC placed at a market valuation of$18.96 Million.

The MYEC business model is interesting as well. They offer a proprietary method for clients to accept and clear fully electronic checks, and they do it with significantly lower processing fees than other methods.

The chart is also looking ripe, with a Hammer formation having formed. A hammer occurs when a stock goes lower than the open price, then surges later in the session into a closing price which is equal to or greater than the open. The resulting candlestick forms the shape of a hammer.

We can also see other indicators that the chart may be taking a bullish turn, apart from the solid gains that were made possible during yesterday’s trading. It was the fifth consecutive day of higher highs and higher lows. Moving forward, we’d like to see support hold at .004.


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Goff Corp GOFF

As most of you know, we scour the markets on a daily basis, scanning thousands of potential plays for any telltale signs of percentage gains in the making. GOFF set off our abnormal volume alarms, with volume exploding for the first time in the stock’s history.

After appearing in our reports on March 18th, at which time it was trading at around .25, GOFF managed a high of .54 yesterday, marking a gain of 116% that was achievable in less than two week’s time.

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Extended Watchlist:
JRRD, FWDG, DEWM, VHGI