Tag: CLNT

Blue Horseshoe Stocks: ACGX, SKYF & Extended Watchlist


Alliance Creative Group, Inc. ACGX

We’re looking to ACGX once again this week- If you recall, back in April this stock brought us chances for significant gains as it ran 100% from .0055 up to .011.

We followed up early this month where we put the a stock on bottom-watch. Since then, it has consolidated down to find that solid support we were looking for at .0035 and has begun to rebound.

Yesterday ACGX cracked back above its 50DMA at .005, and that’s where we’d like to see support hold from here. There’s some key resistance coming up in the .007-.008 range; if ACGX can make a move back to pennyland, it will spell gains of 65% or more, so we definitely want to continue monitoring this play in upcoming sessions.

We’ve prepared a short video presentation of the chart, click below and take a look:


SKY440, Inc. SKYF

Congratulations are in order for anyone following along with our call of SKYF earlier in the week. After making a 100% intraday run from .0012 to .0024 following our initial alert, the stock came back to bounce off of support at .001 yesterday morning. It subsequently ran back to .0018, tacking on another 80% to the gains we’d already observed.

One of the things we’re not crazy about with SKYF is the Caveat Emptor status designated to it over at OTCMarkets.com. We’d like to see that info get updated, although there has been no indication that the process is underway.

In the meantime, chart-wise, key resistance in the .0022-.0024 range must be broken, or we’ll consider taking profits off of the table and moving on. Additionally, support will need to continue to hold at or above .001 to keep SKYF an item of interest.


Extended Watchlist:
SRC, GTIV, PTX, CLNT, PERI, RNBI

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,