Blue Horseshoe Stocks: FRTD & Extended Watchlist Winners

Fortitude Group, Inc. FRTD

We’ve discussed FRTD for the majority of this week, beginning on Tuesday. As of yesterday, it has yet to disappoint.

Yesterday, for the third consecutive session, the intraday activity on FRTD provided us with ample opportunity for profits. The stock played out a textbook dip-n-rip pattern coming down from the .0225 open to trade as low as .0156, before bouncing back up to its high-of-day at .0231. That’s an intraday gain of 48% When added to Tuesday’s 122% move, and Wednesday’s 65% move, that brings us to a cumulative total of 235%

Should FRTD manage to hold support at or above the .015-mark, we like our odds of seeing further intraday bounce opportunities from this play.

Fortitude Group, Inc. (PINKSHEETS: FRTD) Introduces a Revolutionary Medical Marijuana Product “MariMist”

ERIE, PA, Feb 28, 2014 (Marketwired via COMTEX) — Fortitude (PINKSHEETS: FRTD) CEO Thomas J. Parilla today announces that the company has entered into a joint venture agreement to obtain the USA production/sales/distribution and licensing rights for a revolutionary medical marijuana product “MariMist” for the use in the care of cancer patients with MariMedical Pharmaceuticals (MMP), a privately held company. Additional clinical applications include the treatment of nausea, anxiety and pain relief.


Yesterday’s Extended Watchlist Winners

Yesterday’s Extended Watchlist looked like a sea of green, as you can see from this end-of-day snapshot of the stock tracker on our website. Every single play closed to the upside, with some making very impressive moves.

The most notable gainers:

BioFuel Energy Corp. BIOF & Pacific Ethanol, Inc. PEIX – These two ethanol favorites of ours have always tended to trend together, and sure enough, both had great sessions. BIOF opened at 2.10 and shot up like a rocket to a high of 4.10, a 95% move. PEIX saw a low of 11.10 before steadily increasing by 35% to a high of 15.02. Both BIOF and PEIX traded huge volume.

E-Commerce China Dangdang, Inc. DANG – Ran 25% from 10.75 to 13.44 on record volume, to the tune of more than 10x its 3-month average. The earnings released yesterday alluded to the company turning a profit for the first time in years. The stock is currently up from yesterday’s close in pre-market trading.

BEIJING, Feb 28, 2014 (SinoCast Daily Business Beat via COMTEX) — E-Commerce China Dangdang Inc. (NYSE: DANG) revealed net profit of CNY 21.7 million in fourth quarter ended December 31, 2013, making profit for the first time since first quarter of 2011. >> FULL PR


Extended Watchlist:
SUSQ, CETV, CLSN, GALE, BLDP, HFCO(Bottom-play w/ news)

CETV, PROW, TGRO, TSEM, ORMP, ARIA & Extended Watchlist

Central European Media Enterprises, Inc. CETV

We’ve been tracking CETV for quite some time now, having initially alerted the stock on May 10th following a routine Form-4 (Insider Trading) scan. We learned that a large block ($75M worth) of shares had just been purchased by none other than Time Warner, and took notice immediately. We observed the stock make a monster move of 147% before being subjected to a large gap-down (hit 52-week low @ 2.03) at the end of October.

We decided to re-alert the stock on November 13th, by which time it was trading as low as 2.12. Since then, it has been stair-stepping its way back up, having seen highs in the high 3.20’s last week. We’re looking for a breach of the 50 and 200DMA’s (3.48, 3.86 respectively), following which the filling of that large gap on the chart could result in further significant increases.


Progress Watch Corp. PROW

On Friday, we mentioned that we were looking for a break of a key resistance areat on PROW, the 200DMA residing in the .007’s, and the stock indeed surpassed and held above that mark into the close. After opening at .0065, PROW would see a subsequent high of .0098, an intraday run of 51% on more than 5x its 3mo. average volume.

We warned of PROW’s extremely tight share structure, which allows for significant increases on relatively small amounts of buying pressure. The stock demonstrated our point quite succinctly.


Tiger Oil & Energy, Inc. TGRO

Also appearing in Friday’s report was another of our recent favorites in TGRO, a stock which has afforded us ample opportunities in the two weeks that we’ve been tracking it. With our first alert coming exactly two weeks ago, the stock has run from a low .36, all the way up to 1.08, good for a mega-gain of 200%

For those who may have only caught Friday’s alert, there was still the chance to make up to 43% in profit from TGRO’s daily low of  .755 to the 1.08 high.


Extended Watchlist Winners

Friday’s Extended Watchlist also included a few choice picks that put up very respectable sessions to close out the week.

Tower Semiconductor Ltd. TSEM enjoyed a nice move of 26% trading in its daily range from 6.00 to 7.53.

Oramed Pharmaceuticals, Inc. ORMP spiked 36% running from 10.05 to 13.69.

ARIAD Pharmaceuticals, Inc. ARIA has been an Extended Watchlist mainstay since Nov. 12th, being as low as 2.31. Friday’s high of 7.75 represents a great run of 236% in just a little over five weeks.


Extended Watchlist:
BISU, AMRN, XRTX, CANF, CBMX, WPCS, S, AAPL(Big news with China Mobile),

CETV, VNDA, PHOT & Extended Watchlist

Central European Media Enterprises, Inc. CETV

We first caught CETV off of one of our From-4 scans back on May 10th. Time Warner had just purchased a block of shares worth close to $75M, and it caused us to take notice of the stock. At the time, we observed trades as low as 2.67.

As you can see on the chart below, CETV was on a fairly steady incline after that, recently (10/25) hitting a high of 6.60, a 147% move off of our observed bottom.

Shortly thereafter the stock would be subject to a big gap-down, and would continue to pull back to its current price in the low 2.00-range. The chart indicates that CETV is extremely oversold, and it has made higher lows over the past few sessions as it attempts to reverse its course. We want to keep our eyes peeled to this one, because conditions seem to be ripening for what could be a heck of a rebound.


Vanda Pharmaceuticals, Inc. VNDA

VNDA was a momentum play that we caught and included in yesterday’s extended watchlist. The company currently has a NDA (new drug application) filed with the FDA that treats chronic circadian arrhythmia.

After touching a low of 11.07 we saw a subsequent high of 13.49, a 22% intraday gain.


Growlife, Inc. PHOT

PHOT continues to be among our favorite medical/legal marijuana stocks, a play that we’ve followed for well over a year. Beginning at the end of August, trading at .0318, we realerted PHOT and began talking about it more and more.  We posted another reminder on the 16th of September, and once again on October 22nd, when we mentioned that a golden cross on the chart was imminent.

During yesterday’s session PHOT hit .1029, which marks a 224% increase off of the bottom we observed in late August. Even those who missed that report, could have caught the stock as low as .042 following the 09/16 reminder, for up to a 125% gain at yesterday’s high. From the third report we mentioned (10/22), significant gains to the tune of 43% from .0719-.1029 could have been achieved.


Extended Watchlist:
VDSC,  NURO, MSTX, FU, SUTR, YRCW(Huge gap down looking for reversal)
PBPB(Gapping up on positive earnings looking for continuation)

OXBT | Oxygen Biotherapeutics, Inc. & Extended Watchlist

Oxygen Biotherapeutics, Inc. OXBT

We’ve been talking OXBT since October 22nd; shortly thereafter we would see a low of 1.46 (10/29) in this stock which has basically been on an epic run ever since. Yesterday, it attained a high of 9.75 on just over 22X the average volume, which marks a mega-move of 560% in just five trading sessions.

It looks as if the stock is gapping up even further this morning, making OXBT a hot-button topic right now. Big congratulations are in order for anyone who was able to take advantage of OXBT’s monstrous run. As is the case with any stock that is up this much over such a short time period, we want to stay on alert for any possible pullbacks, because those will often lead to excellent bounce opportunities.

Stay tuned to our reports for ongoing coverage of the OXBT situation.


Extended Watchlist:
CETV, MSPD, MCHX, YRCW (Coming off of recent lows),

OXBT, CETV, APP, CYBK & Extended Watchlist

Oxygen Biotherapeutics, Inc. OXBT

After appearing on our extended watchlist yesterday morning, OXBT had a monster session. The stock was a juggernaut, rising all day from its low of 1.70, up as high as 2.87, good for an intraday gain of 69% on more than 48X 3mo. average volume.

This came on the heels of a press release, included below:

MORRISVILLE, N.C. & CHESTER, N.J.–(BUSINESS WIRE)–Phyxius Pharma, Inc. and Oxygen Biotherapeutics, Inc., (OXBT), today announced that researchers at the Duke Clinical Research Institute (DCRI), part of the Duke University School of Medicine, recently published findings of a meta-analysis of multiple clinical trials that evaluated the use of levosimendan in patients undergoing heart surgery. The study aggregated and analyzed results from 14 independent clinical trials with a total of 1,155 patients. The published results showed that levosimendan was associated with reduced mortality (death) and other adverse outcomes including heart attacks during and after operation in patients with reduced heart function undergoing heart surgery. >> FULL PR


Central European Media Enterprises, Inc. CETV

We first alerted CETV back on May 10th, as popped up on one of our Form-4 scans. At the time, the stock was trading as low as 2.67, and saw subsequent high of 6.6497. A huge potential profit of 149%  Since then, the stock has never dipped below that 2.67 mark, until yesterday, when disappointing third quarter and nine month financials were announced, and CETV was subject to a large backslide.

On stocks that see a large gap down, tanking the way CETV did, we  watch closely for the establishment of a new base and following recovery. Especially when the sell-off seems to be a knee-jerk reaction to an earnings release. We won’t want to miss any potential rebound action on this one.


American Apparel, Inc. APP

APP earned us an honorable mention in yesterday’s Penny Stock Rumble for putting in a solid performance. The stock did just what we had hoped, making higher highs and higher lows, and preserving the current uptrend off of its bottom. The daily range was from 1.34-1.52, an intraday move of roughly 13.5% on more than twice the 3mo. average volume.

As we stated yesterday, this stock has been on our holiday retail watchlist for years now, and 2013 is no exception. We’ll be very interested to follow the activity on APP over the next several months.


Cyber Kiosk Solutions, Inc. CYBK

This is one we wanted to throw into the mix this morning after including on our watchlist yesterday. The company had some news out  that caught our attention, and chart looks like it has some potential as well. Volume has recently been picking up, and the MACD is flipping up to the bullish side. The RSI recently passed the 50-line as well. We’re keeping CYBK on watch for a possible move as we head into week’s end.

CORAL SPRINGS, Fla., Oct. 29, 2013 /PRNewswire/ — Cyber Kiosk Solutions, Inc. (PINKSHEETS: CYBK) in May the Company announced 4,000 locations would be coming online using CYBK’s co-branded web based system.

These locations offer services such as, bill payment, money transfer, mobile top up, debit card load, gift card sales, Debit card purchase, and soon CYBK’s digital coupon program. >> FULL PR


Extended Watchlist:
EWSI, ANR, LSI, ARIA, CYNI (New lows watching for possible turnaround)

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