Blue Horseshoe Stocks: PBR Updates & More

Petroleo Brasiliero SA (Petrobras) PBR – Options
We were pleased with the potential for quick intraday gains provided by the PBR options chain on Friday. Our thoughts on moving up our strike price turned out to be warranted, as the $12.50 and $13 Weekly Calls we mentioned both did well on the day.In fact that $13’s actually made a heck on an intraday rip from .04 to more than .20.

We’re still optimistic that PBR stock can continue to recover (after recently hitting all-time lows) and even test the 14.50-15.70 range, filling its gap on the chart. The next major resistance hurdle appears to be the  200DMA at 13.88.

As for the contracts holding our attention moving forward, we’re still looking at the May $12 Calls (which we’ve already followed from a low of .31 to Fridays high of 1.10, +255%) and also considering the June $14 Calls which closed at .47 on Friday.


Positive ID Corp. PSID

PSID is garnering our attention once again this morning. This was a winner for us when we re-alerted it back on Feb. 18th.  If you recall, the stock was trading at a low of .0572 at the time, and we’d follow it all the way up to a subsequent  high of .125. It then came back to find support off of the 200DMA in the mid-.06 range.

We observed a Golden Cross on the chart last week, a signal we are always looking out for, and an 8-K filed this morning only adds to our interest as we kick off another trading week.

It is in regard to a lucrative purchase order that the company has received from UTC Aerospace Systems, which will service the US Dept. of Defense contract for the JUPITR program (Joint United States Forces Korea Portal and Integrated Threat Recognition):
On March 28, 2014 PositiveID Corporation (the “Company” or “PositiveID”) entered into an agreement, in the form of a purchase order, from UTC Aerospace Systems (“UTAS”) to support a contract for the U.S. Department of Defense (“DoD”). This agreement is expected to be performed over the next seven months, between March and September, 2014. The terms of this fixed price agreement include a total value of $841,000 to PositiveID, paid in monthly installments over the next seven months.

This agreement will support the DoD Joint United States Forces Korea Portal and Integrated Threat Recognition (“JUPITR”) Program, which is intended to detect biological threats in order to protect our nation’s warfighters and allies. The JUPITR program will test and evaluate PositiveID’s biological detection and identification technology called M-BAND (Microfluidic Bioagent Autonomous Networked Detector). The assessment will baseline performance, reliability, maintainability, ease of use, and cost of operation to provide the “best of breed” and most affordable options for the U.S. Army and U.S. Air Force.

A copy of the agreement will be filed as an Exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. The description of certain terms of the agreement set forth herein do not purport to be complete and are qualified in their entirety by the provisions of that agreement.


Surna, Inc. SRNA

On Friday we added SRNA to our marijuana related watchlist, and were glad to have done so. We learned that SRNA’s new CEO is a former co-founder of Zynga, and the news was well received.

The stock shot out of the gate, rather quickly ballooning from its opening price of 2.99 up to 5.50 (+84%).

We also learned that in addition to a group of new directors, Surna entered into an agreement which effectively gained the company 14 intellectual property patents related to indoor climate control systems for cannabis growing in states where it is legal.


Extended Watchlist:
CLNT, MNGA, ARTX, BIOF, WATT, HIVE, PRAN (Huge gap down, possible bounce-play)

IWEB, BCRX & Extended Watchlist

IceWEB, Inc. IWEB

We’re still focusing on IWEB after it turned in another solid session yesterday. The stock managed to close at .033, holding most of the gains from the most recently observed spike on slightly greater-than-average volume.

Maintaining support at that level was an important step in getting past current resistance at .0355, which as we mentioned in yesterday’s report, will allow the stock some breathing room and hopefully kickstart the next significant move on the chart.

In addition to a continuation of recent trends on the chart, we’ll be on the lookout for the effects of both the start of another round of shareholder awareness, and some new press out this morning.

Before we take a look at today’s press release, which outlines two of IceWEB’s new clients, we’ve uploaded a video presentation of the IWEB chart for your convenience:


Today’s News:

STERLING, Va., Jul 24, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation (OTC BB:IWEB), an award-winning Unified Data Storage appliance provider for cloud and virtual environments, as well as the highly secure, scalable IceBOX BYOD (Bring Your Own Device) Private Digital Cloud Collaboration Platform, announced today that two additional K-12 school systems have ordered new IceBOX BYOD implementations, further cementing the Company’s growing presence in the education sector.

CEO Rob Howe: “We are seeing an increasing interest from Colleges and Universities, as well as K-12 School Systems across the country as we approach the new fall school year. These two organizations are particularly interested in ensuring that their secure and sensitive data is not being stored in public cloud platforms, which increases the risk of compromising the integrity of their data. IceBOX provides a secure, cost-effective way for them to do that,” >>> VIEW FULL STORY

 


BioCryst Pharmaceuticals, Inc. BCRX

BCRX enabled us to register gains for the second consecutive day after appearing yesterday’s morning report. Following early-morning low of 3.29, the stock rose fairly steadily over the course of the day to eventually cap off a 43% intraday run at it’s high of 4.72.

BCRX traded nearly 13X its 3mo. average volume, and held the majority of the day’s gains into the close, thus we will want to monitor the stock today for a continuation of that impressive momentum.

From the low following our initial call (2.83) on BCRX which came in Monday morning’s report, yesterday’s 4.72 high represented a possible gain of 67%


Extended Watchlist:
HRAL, BRND, BFGC, INO, CLNT, BBVA,

PTRC, CLNT & Extended Watchlist

Petro River Oil Corp. PTRC 

Following its appearance in yesterday’s newsletter, PTRC went on to have quite a session. After gapping up slightly to begin the day’s trading at .38, the stock ran as high as .525, signaling an intraday gain of 38%

The stock also closed strong at .50, on nearly ten times its 3mo. average volume. We are going to want to keep an eye on this play for a continuation of the momentum we saw building yesterday.

Yesterday’s high marks a move of 96% from the stock’s low .28 following our initial alert last Thursday.


Cleantech Solutions International, Inc. CLNT

CLNT was last featured in our reports on May 22nd. On that day, the stock made a huge run from the 4.40’s all the way up to the 9.70’s, providing us with an opportunity to gain well over 100%

We wanted to bring CLNT back into view this morning in the wake of this morning’s PR, which alludes to a positive outlook for the remainder of 2013, and the current chart is now looking like it could be setting up for another move.

Below, we’ve pointed out a few key aspects of the chart:

WUXI, China, July 2, 2013 /PRNewswire via COMTEX/ — Cleantech Solutions International, Inc. (“Cleantech Solutions” or “the Company”) (NASDAQ: CLNT), a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other clean technology industries and dyeing and finishing equipment to the textile industry, today provided guidance for the full year 2013.

Based on current and anticipated orders, for the full year ending December 31, 2013 the Company anticipates revenue in the range of $60 – $62 million and net income in the range of $8.0 – $8.5 million.

The Company’s website is www.cleantechsolutionsinternational.com

 


Extended Watchlist:

 ZNGA, INO, PLUG,

COCO (Chart bears similarity to that of CLNT)

HDSN (Trading @ new 52-week lows)  

Blue Horseshoe Stocks: PLUG, BIOF, PEIX & More

Yesterday we saw money leaving the Solar Sector from profit taking, and it seems we’ve found new stocks that are heating up quickly, in the Energy Sector.

Plug Power, Inc. PLUG
PLUG first appeared in our reports back on February 15th. After being featured again in March 15th’s report, trading as low as .1161 at the time, and making its way up to .3177 by the 20th. That marked a gain of 174% Following that run, it pulled back to find support in the .15-range a few weeks ago.

Yesterday, the stock broke both the 100DMA (.28), its previous high at .3177, touched .3278, and closed just above the previous high at .318. We’d ideally like to see support hold at .318. Should it fall below that, we’ll need PLUG to hold support at .26-.285 in order for us to remain interested.

We’ve pointed out several key aspects of the chart below:


Continuing our theme of energy plays, here is a group that will be high on our watchlist today:
BIOF, PEIX, SCOK, FXEN,

BIOF and PEIX are some old-time favorites of ours in the ethanol sector. These two stocks generally tend to trend together, and have given us the opportunity for several gains over the long timespan we’ve covered them.

SCOK is a coal company that has recently gained some momentum, we want to keep an eye on that one today as well.

FXEN is a NASDAQ-listed energy play that also set off our scanners yesterday, as it enjoyed quite a fruitful trading session. Like the others, we want to keep an eye peeled for continuation of existing momentum.


We’d also like to congratulate ourselves for our stellar call of TCPS, which made a beauty of a run from .0025-.0061 (+144%), it then dipped back to .0045 and ran another 36% back to .0061, for cumulative intraday gains of 180%

It also made us the winners of yesterday’s Penny Stock Rumble:


Extended Watchlist:
TENP, CLNT, CLSN, IBIO, MBND,

Blue Horseshoe Stocks: FSLR, VHGI, JRRD

First Solar, Inc. FSLR

On February 27th, FSLR appeared on our watchlist as a stock we were monitoring  for a bounce opportunity off of an earnings gap-down. Following that report, it was as low as 24.46. This week, we saw a big pop out of FSLR, running as high as 41.00, for a whopping 68% gain. Quite impressive, as it is not often that we see such sizable gains off of a stock traded on the NASDAQ.

Following that run, a consolidation ensued, as it found a base at 35.95; a level that we’d like to see held as future support.

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VHGI Holdings, Inc. VHGI

We’ve been following VHGI for a LONG time. More specifically, since December 9th, 2011. In that period of roughly 16 months, we’ve had quite a bit of success trading this stock.

We saw an intitial run from .21-.52, 148% for our first ever alert on VHGI. We then proceeded to see another move from .225 in December, to .746 (+230%) in January of last year. But it didn’t stop there.

After taking a bit of a hiatus, VHGI cropped up on our radars once again, on June 25th. By that time, it had come all the way down to .055. A few weeks hence, we celebrated a gain of 255% as the stock touched .195.

We then backed off for awhile, until it began appearing once again in our extended watchlist last month March 1st. This is after we noticed it coming off of its 52-week lows, and out of the sub-penny range. That was on a Friday, and the PPS had reach one penny exactly. By the following Monday, trades were going off at .048, marking another solid move, this time, to the tune of 380%

Once again, the play appeared on our watchlists, on April 2nd, and as a feature in our reports on April 3rd. At that time, we observed a run from .0195, to a break of its previous swing high of .048 (which nearly coincides with the 200DMA at .045) up to a high of .07, adding close to 260% in added profit. The significance of breaking the 200DMA is huge for the bullishness of VHGI. We’d like to see support hold there (~.05) moving forward.

If anyone knows this stock, it would be us. It stands as one of the longest-running tracked stocks in our history.

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Journal of Radiology, Inc. JRRD

JRRD has appeared in our extended watchlist, for the first time on April 2nd and 3rd. Following that time, the stock was trading as low as .0005, most recently on Wednesday. Yesterday, we observed a high of .0025, marking a huge 400% rip in just a few day’s time. Those of you who didn’t have it on your watchlists from the time of our original alerts, could still have managed gains of up to 67%, as it ran from .0015 to .0025 during yesterday’s session alone.

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Extended Watchlist:
SFRX, SKTO, PSPW, CLNO, CLNT, FST

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