HNR, CETV & Extended Watchlist

Harvest Natural Resources, Inc. HNR

HNR set off our scanner this morning as this energy stock appears to be gapping up heavily in pre-market trading. Harvest announced this morning that it had entered into negotiations to sell the company’s Venezuelan assets, and spin off its remaining assets into a new company, a move that the CEO believes the proposed sale “affords the Company and its shareholders the ability to reap the benefits of our exceptional portfolio in the near term.” We’ll certainly be watching, as HNR is currently up 35% (a/o 8:30am).

In addition to this morning’s press release (below), the company will be holding a conference call tomorrow for anyone interested in learning more about the proposed transaction and its ramifications. To access the conference call, dial 800-344-6698 or 785-830-7979, five to ten minutes prior to the start time. At that time you will be asked to provide the conference number, which is 3073565. A recording of the conference call will also be available for replay at 719-457-0820, passcode 3073565 through September 17, 2013.

HOUSTON, Sept. 11, 2013 /PRNewswire via COMTEX/ — Harvest Natural Resources, Inc. (NYSE: HNR) today announced it has entered into exclusive negotiations with Pluspetrol Venezuela S.A., an entity belonging to one of the leading exploration and production companies in Latin America, to sell the outstanding shares of Harvest. >>> FULL REPORT


CEM Enterprises  CETV

We first called CETV on May 10th after it popped up on our Form-4 scan. At the time it was trading at 2.67, and in the roughly four months since that time, it has yet to dip below that price.

We are placing it back on watch for further gains as it is approaching its recent high of 4.85 (reached at the end of August), which represented a gain of 82% from our bottom. We’re interested to see if the stock can now break past that previous swing high for added gains. Conditions on the chart suggest this as a possibility, as you can see, the RSI is rumbling toward the powerzone, we have a potential Golden Cross of the 50 & 200DMA currently setting up.


Extended Watchlist:
AQUM, VTUS, PSTI, DVAX

BRND, IWEB, GSS & Extended Watchlist

Premier Brands, Inc. BRND
While being cautious for a turnaround, we stated yesterday afternoon that should BRND manage to close at or near its high of day, that momentum could continue over into today. That’s just what happened, as the stock turned in a wildly impressive performance for the day, rocketing from a low of .0043, to as high .016 before closing out the day at .0155. Total intraday gains of 272% were possible.

For our shrewd alert of BRND we were rewarded handsomely, and as recognition for that, for the second time this week, we were named the #1 stock-pickers on Penny Stock Rumble.

We will repeat ourselves in our assessment of BRND moving forward. A stock which spikes this much in such a short time-span is always at risk of a pullback, so caution should be used. That said, we also will be monitoring closely, because another strong close at or near the high of day today could signal a carryover of momentum into next week.


ICEweb, Inc. IWEB

This week has been an exciting one. For those who may have missed it, IWEB is another stock that earned us the top spot on Penny Stock Rumble. On Wednesday morning, we put out Tuesday’s intraday chart showing the possibilities we saw for gains out of IWEB. They amounted to gains as much as 48% from .024-.0355, then several bounceplay opportunities followed, from .029-.0315. (8%), .028-.0335 (20%), & .0282-.033 (17%).


Golden Star Resources, Inc. GSS
GSS appeared on our extended watchlist from yesterday, having just come off of its 52-week lows. The stock was as low as .425 before hitting a high of .4985  A recent swing high of .5488 is going to be the next key resistance area for this gold play.


Extended Watchlist:
IGOI, ALVR, CETV, PPHM, FLST(Watching for a potential bounce setup)

CETV, MADI, RAYS, APRI, XIDE & Extended Watchlist

Central European Media Enterprises Ltd. CETV
CETV was as low as 2.67 following our first alert a month ago today, in which we caught CETV off of our Form 4 watchlist. It went on to touch a high of 3.89, a 46% gain. For roughly the past two weeks, CETV has seen a period of consolidation, and appears to have found a base at last Thursday’s low of 3.17.

The 20DMA of 3.26 is our current support level, and the 50DMA 3.56 is where resistance currently sits.

We are still confident that CETV will prevail in the long-term, granted the sizable position held by broadcast giant Time Warner.


Raystream Inc. RAYS
RAYS provided us with a quick early morning opportunity for gains, dipping to as low as .0053 before tearing upward to .0148, a possible intraday gain of 179% After it pulled back off of that surge, we also saw subsequent bounces from .0088-.0115, and then again from .0052-.0069.


Madison Systems, Inc. MADI
MADI came off of our extended watchlist on Friday to open up at .035, and make a 60% move to .056. Yet another reminder of many we’ve gotten in the past, to pay every bit as much attention to the plays on our extended watchlists, as we do to our main focal points.


Apricus Biosciences, Inc. APRI
At 2.89×2.91 gapping up premarket, APRI currently up 13% on over 300K shares traded. There appears to be a huge gap to fill on the chart up to 3.30, so we are going to want to monitor closely this morning, as the stock seems to be gearing up for a strong open.


Exide Technologies XIDE
This stock hit our scanners this morning as it has been testing new 52-week lows. We are circling XIDE like vultures, and are going to want to watch carefully for any signs of a reversal, because the bounce resulting from the recent bottoming out could be significant. It could even happen as soon as this week, so keep an eye peeled for potential bottom bounce opportunities.


Extended Watchlist:
PLUG, BLDP, XXII

Blue Horseshoe Stocks: Afternoon Updates

We wanted to take a minute this afternoon to display the success of a recent report, and possible gains resulting from the selections within.We are always compiling lists of promising plays, and more often than not, it turns out well for us.

One of the main things that sets us apart from our “competition”, is the fact that we continually scrape and scour the markets for any opportunities we can find, and then pass along to you. This is very unlike the majority of those competitors, who primarily mention plays for which they’ve been compensated. Our main concern is, as it has always been, being the best newsletter out there by providing the most variety, with only a small fraction of paid promotions (which we always disclose immediately). We know we toot our own horns quite often, but this is only because we are consistently and indisputably the best stock newsletter that we know of.

In addition to our daily focal points, we have coined the term “Extended Watchlist” for the sometimes huge variety of extra plays that we put on watch each day. Many of you have thanked us for the profits yielded by this daily secondary list of potential gainers. For instance, this morning, CLNT appeared on the Extended Watchlist and went on to make a massive move from 4.48-9.40, a possible gain of up to 110%!

But it doesn’t stop at the Extended Watchlist – Most of you will remember a scan we conducted on May 10th which showed stocks with recent Form 4 (Insider Trading) activity. The success of that scan will certainly lead us to conduct further Form 4 searches in the future. Take a look at the following stocks which came off of that watchlist and have increased in value since that time.

Central European Media Enterprises Ltd. CETV – Low Since Alert: 2.67 – High Today: 3.45 – Increase: 29%

EnteroMedics, Inc. ETRM – Low Since Alert: .85 – High Today: 1.15 – Increase: 34%

Great Lakes Dredge & Dock Corp. GLDD – Low Since Alert: 7.34 – High Today: 8.39 – Increase: 14%

Entravision Communications Corp. EVC – Low Since Alert: 4.40 – High Today: 5.21 – Increase: 18%

Usec, Inc. USU – Low Since Alert: .33 – High Today: .405 – Increase: 23%

As always, in addition to providing a vast range of our own selections, we are always open to reader input… If you have a stock that you think might make a good feature, by all means, drop us a line and let us know!

Blue Horseshoe Stocks: CETV, HIDC

Central European Media Enterprises Ltd. CETV

CETV came to our attention on Friday as a part of a scan we conducted for companies with a recent Form 4 filing. We mentioned that the insider, who purchased nearly $75M in CETV stock at 2.75/share, in this case was Time Warner, and how interested we were to continue to follow that storyline.

After trading as low as 2.67 on Friday, we are seeing pre-market trades this morning taking CETV as high as 2.95. A pretty good start, although we are currently viewing this as a longer-term play. We will continue to monitor this stock for the foreseeable future.


Harbor Island Development Corp. HIDC

This momentum play just broke out of a sideways channel and came off of its bottom, so we thought we’d pass it along this morning. HIDC broke through its 10DMA yesterday at .006, and we’d like to see that hold as support. The next resistance is at the 20DMA of .016. As you can see on the included chart below, the stock is coming off of being oversold, so we want to monitor carefully for a continuation of the recovery which began yesterday.


Extended Watchlist:
STWG, VDSC, ECTY, PDII, AMD,

 

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