Tag: AMPE

Blue Horseshoe Stocks: NSPH, DLIA, POWR

Nanosphere, Inc.  NSPH

NSPH is the first of a few new plays that we pulled off of our scanner this morning. The stock made a big move on Monday after it was learned that Nanoshpere had landed a substantial contract. Yesterday the company received FDA clearance on one of its products (Verigene(R) Enteric Pathogens Test), but could not maintain a steady run as a result of an overall dip in the markets.

The stock is, however, gapping up again this morning. We may want to keep an eye peeled for this play, as it is still trading near a relative bottom at its current price range; the stock was trading at 2.50 and above as recently as March.

dELIA*s, Inc. DLIA

Next up, we have DLIA, which popped up on our scanner as something of a momentum play. The stock is coming off of a recent bottom, and has been exhibiting the signs of a bullish run. A quick review of the chart shows that DLIA has made higher lows and higher highs for the last three consecutive trading sessions, and continued to build up a head of steam yesterday, pushing through its 50DMA.

We’re seeing a sizable gap-up this morning as well, and as you can see the chart still looks extremely bullish. We have an RSI which looks like its just about to punch into the power zone, and a MACD which recently underwent a bullish cross. If DLIA can now manage to break through the 200DMA (.98), it appears to have a pretty clear path on up to the 1.25-1.35 range.

PowerSecure International, Inc. POWR

Last but not least we have POWR, which is another morning gapper. The stock fell off a cliff on worse-than-expected earnings back in early May. We are now seeing some of that gap being filled, and want to keep a close watch over this play for the remainder of the week at the very least.

The gap on the chart goes all the way up to more than $18, so a return to previous levels would spell gains of more than 100% Even if the stock can manage to get back above its 50DMA (Currently 12.49), it would yield profits in excess of 40% over present prices.

Today the company announced it had successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service as outlined in the PR below.

WAKE FOREST, N.C., June 25, 2014 /PRNewswire/ — PowerSecure International, Inc. (POWR) today announced that it has successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service.  The modifications include adjustments to pricing, work assignments, and expected improvements in the ongoing scope of work. >> FULL PR


Extended Watchlist:
AERI, AMPE, BGMD, SYN, FB, TWTR

Blue Horseshoe Stocks: State of the Cannabis Sector

State of the Cannabis Sector

Shockwaves rippled through the burgeoning cannabis sector yesterday, as the SEC imposed a halt on the trading of PHOT stock (effective through Apr. 24th). Being such a major player in this fledgling market space, the sanction on PHOT caused pot stocks across the board to register losses on the day. Coupled with the general backsliding of the overall markets, many of the pot stocks that we’ve been tracking ended in the red, however our overall feelings toward the sector have not changed.

This was not the first halt of a cannabis stock, with CANN having just resumed trading after its own halt just a few weeks ago. With the free-for-all that was taking place earlier this year at the height of the “Green Rush”, it is unsurprising that some have used the opportunity to take advantage, and only natural that the SEC would tend to these cases in such a manner.

The fact remains that many states have pending marijuana legislation on the docket for 2014, so we can be certain that we are only at the beginning of the story. Just look at the following map of the current state of marijuana law in the US:

As a whole, the progress that legalization proponents have made over just the past couple of years has been nothing short of astounding. In government, nothing happens overnight; it takes time to change laws, and the pace at which marijuana reform is occurring is impressive.

Bumps in the road like the PHOT halt (and others which are bound to occur) are to be expected, and in fact, makes the need for us to keep our fingers on the pulse of the cannabis space that much more vital. General pullbacks caused by fear and panic like the one we observed yesterday can often be used to acquire cheap stock, which in many cases will yield future opportunities.

AV1 Group, Inc. AVOP

One exception to the overall trend yesterday, was a recent successful marijuana-related call of ours, in AVOP. If you recall, when we brought this play to the table on Tuesday, the stock ran from a low of .0006 to .0015, gaining 150%

The following day, AVOP pushed to a high of .0018, moving our total possible gains on the stock up to 200% before coming down to find support in the .0012-.0014 range, which it held yesterday, despite pullbacks occurring all around the space.

Extended Watchlist:
PSID, MYMX, TVIX, AMPE,

IWEB, BBRY & Extended Watchlist

IceWEB Inc. IWEB

We’ve been covering IWEB for over a month now, and during that time the company has retained several new clients, as well as racking up more than 200% in cumulative gains.

The company has remained very active with regard to reporting on those clients and keeping its shareholder base well-informed of current events. Today was no different as IWEB announced that it has been selected by a major cloud services company to provide it with IceWEB’s award-winning IceSTORM storage devices, indicated in the PR below:

We also made a quick video of the current IWEB chart for your convenience:

STERLING, Va., Aug 14, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation – (OTC BB:IWEB), today announced that a large cloud services provider has purchased two IceSTORM Data Storage appliances to be deployed in Denver and Seattle.

The customer will utilize IceWEB’s award winning asynchronous replication technology to replicate data between sites as a part of their disaster recovery strategy. The customer selected IceWEB after learning of our advanced feature set in a recent DCIG Private Cloud Storage Buyers’ Guide. Of particular interest to them was our ability to create Zero Copy Clones from a previous snapshot to recover lost data as well as our ability to encrypt the data in transit. >>>FULL STORY

Blackberry Ltd. BBRY
Allow us to take a minute to pat ourselves on the back for our recent coverage of Blackberry. We were monitoring BBRY for a bottom back in the second week of July, and indeed saw a subsequent low of 8.57.After hitting a high of 12.18 yesterday. the stock marked a 42% gain off of its low. That’s quite a significant move in just a month’s time for a big-board stock.

Extended Watchlist:
MNKD, AMPE, CHTP, AAPL, WILD

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